Welcome to your luxurious waterfront tropical paradise in the heart of Key Largo. This stunning fully renovated waterfront estate offers the perfect blend of modern luxury, coastal elegance, and resort-style living. 5 spacious bedrooms | 3 beautifully designed bathrooms. Oceanfront with private dock and open ocean views— ideal for yachts, fishing boat, and waterfront living. Resort-style pool and expansive outdoor entertaining areas. Fully renovated with luxurious modern coastal finishes. Soaring vaulted wood-beam ceilings and bright open-concept design. Designer chef’s kitchen with oversized island, quartz countertop, and profesional grade luxurious appliances. Spacious indoor and outdoor living areas perfect for entertaining Vacation-rental friendly with exceptional income potential Move-in ready luxury retreat in one of Key Largo’s most desirable locations Enjoy the ultimate Florida Keys lifestyle with private boating access right from your backyard or go kayaking thru John Pennekamp state park’s expansive pristine mangrove tunnels and enjoy the florida keys spectacular eco-system and wildlife from the privacy of your own home. Spend your days on the water, relaxing poolside, or entertaining while enjoying breathtaking sunrises and tropical views. Whether you are searching for a luxury primary residence, vacation getaway, or investment property, this exceptional Key Largo waterfront home delivers the perfect combination of elegance, comfort, and island living.
For sale
$2,500,000
128 La Paloma Rd, Key Largo, FL 33037
3beds
1,100sqft
Est.: Get pre-qualified
Single Family Residence
Built in 1982
8,800 Square Feet Lot
$2,309,900 Zestimate®
$2,273/sqft
$-- HOA
What's special
Resort-style poolOversized islandQuartz countertopOceanfront with private dockExpansive outdoor entertaining areasOpen ocean viewsSoaring vaulted wood-beam ceilings
- 16 hours |
- 158 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Natalia Hernandez 786-493-2999,
Doral Realty Corp
Source: MIAMI,MLS#: A12023515
Originating MLS: A-Miami Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Family Room
Heating
- Electric
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dryer, Electric Water Heater, Microwave, Other, Electric Range, Refrigerator, Washer
Features
- Volume Ceilings, Storage
Interior area
- Total structure area: 3,212
- Total interior livable area: 1,100 sqft
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Property
Parking
- Parking features: Other, Converted Garage
Features
- Stories: 2
- Patio & porch: Patio, Screened Porch
- Has private pool: Yes
- Pool features: Heated
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Access, WF/Pool/Ocean Access
- Frontage length: 80
Lot
- Size: 8,800 Square Feet
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 00547180000000
- Zoning: is
- Other equipment: Other
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Frame With Stucco
- Roof: Curved/S-Tile Roof
Condition
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Features: None, No Subdiv/Park Info
- Security: Fire Alarm
- Subdivision: Winston Waterways No 2
HOA
- Has HOA: No
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $2,273/sqft
- Tax assessed value: $1,201,178
- Annual tax amount: $10,506
- Date on market: 5/22/2026
- Listing terms: All Cash,Conventional,Owner Will Carry
Estimated market value
$2,309,900
$2.19M - $2.43M
$3,677/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Listed for sale | $2,500,000+93.1%$2,273/sqft |
Source: | ||
| 12/23/2022 | Sold | $1,295,000+0.4%$1,177/sqft |
Source: | ||
| 11/1/2022 | Pending sale | $1,290,000$1,173/sqft |
Source: | ||
| 10/31/2022 | Contingent | $1,290,000$1,173/sqft |
Source: | ||
| 10/19/2022 | Listed for sale | $1,290,000+12.2%$1,173/sqft |
Source: | ||
| 8/10/2005 | Sold | $1,150,000$1,045/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,506 +10.8% | $1,201,178 +9.3% |
| 2024 | $9,481 +0.3% | $1,098,495 +0% |
| 2023 | $9,456 +6.4% | $1,098,465 +3.1% |
| 2022 | $8,887 +102% | $1,065,597 +115.1% |
| 2021 | $4,400 +0.6% | $495,448 +1.4% |
| 2020 | $4,373 | $488,608 +2.3% |
| 2019 | $4,373 +1.9% | $477,623 +1.9% |
| 2018 | $4,291 0% | $468,718 +2.1% |
| 2017 | $4,292 +2.1% | $459,078 +2.1% |
| 2016 | $4,204 -1.3% | $449,636 +0.7% |
| 2015 | $4,259 | $446,510 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 3 mi
- 4/10Coral Shores High SchoolGrades: 9-12Distance: 11.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Monroe County
- Key Largo
- 33037
- 128 La Paloma Rd





