Sold for $800,000 on 08/12/25
$800,000
137 Grassy Rd, Key Largo, FL 33037
3beds
1,392sqft
Single Family Residence
Built in ----
-- sqft lot
$825,400 Zestimate®
$575/sqft
$4,554 Estimated rent
Home value
$825,400
$735,000 - $924,000
$4,554/mo
Zestimate® history
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Owner options
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What's special
Waterfront Paradise at 137 Grassy Rd, Key Largo, FL 33037
Embrace the quintessential Florida Keys lifestyle in this beautifully remodeled waterfront home, perfectly positioned to offer stunning westerly views over the lake and bay. With seamless access to both the Atlantic Ocean and Florida Bay via the Adams Cut Waterway, this residence is a boater's dream come true.
Key Features:
Spacious Living: This home boasts 3 bedrooms and 2 full bathrooms, complemented by an additional bonus room currently set up as a 4th bedroom, providing ample space for family and guests.
Modern Upgrades: The open-concept living area is bathed in natural light, highlighting a brand-new kitchen equipped with stainless steel appliances, granite countertops, and pristine white cabinetry. Electric Water Heater.
HANDICAP ACCRESSIBLE
Outdoor Living: Step outside to a lovely grass yard and a fresh pea rock backyard, all within a fully fenced perimeter, ensuring privacy and security.
Boater's Delight: A concrete dock awaits your vessel, offering quick and easy access to open waters, making spontaneous boating adventures a breeze.
Prime Location: Situated just 30 minutes from the mainland and an hour from Miami International Airport, this property combines the tranquility of island living with the convenience of city access.
This turn-key home is ready for you to start living the dream in the Florida Keys. Whether you're seeking a serene retreat or an active waterfront lifestyle, 137 Grassy Rd delivers on all fronts.
Lease Terms for 137 Grassy Rd, Key Largo, FL 33037
Lease Duration:
12-month minimum preferred
Shorter terms (3 6 months) may be considered at a premium seasonal rate
Monthly Rent:
$4,800.00/month
Security Deposit Move-in Costs:
One month's rent (refundable, pending inspection)
Move-in Costs:
First month + security deposit due at signing
Optional: Last month depending on credit history
Utilities:
Included: Lawn care, trash/recycling pickup
Tenant Responsibility: Electric, water, internet, cable
Pet Policy:
Pets considered on a case-by-case basis
Pet deposit: $300 (non-refundable) + $0/month per pet
Smoking Policy:
No smoking allowed inside the home
Occupancy Limit:
Maximum of 6 occupants
Dock & Boating Access:
Dock included with rental
Tenants responsible for vessel registration and proper mooring
Parking:
Ample private parking on-site (including boat trailer space)
Maintenance & Repairs:
Landlord responsible for structural maintenance
Tenant responsible for minor upkeep and notifying landlord promptly of issues
Application Requirements:
Completed application form
Credit/background check
Proof of income (3x monthly rent)
References upon request
Zillow last checked: 10 hours ago
Listing updated: May 08, 2025 at 04:08am
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Wall Furnace
Cooling
- Wall Unit
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Tile
- Furnished: Yes
Interior area
- Total interior livable area: 1,392 sqft
Property
Parking
- Parking features: Off Street
- Details: Contact manager
Accessibility
- Accessibility features: Disabled access
Features
- Exterior features: Heating system: Wall, Lawn
Details
- Parcel number: 00533730000000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & neighborhood
Location
- Region: Key Largo
HOA & financial
Other fees
- Deposit fee: $9,000
- Pet deposit fee: $100
Other
Other facts
- Available date: 05/07/2025
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2025 | Sold | $800,000-5.8%$575/sqft |
Source: Public Record | ||
| 6/3/2025 | Price change | $849,000-5.7%$610/sqft |
Source: | ||
| 5/19/2025 | Listed for sale | $900,000+97.8%$647/sqft |
Source: | ||
| 5/9/2025 | Listing removed | $4,800$3/sqft |
Source: Zillow Rentals | ||
| 5/8/2025 | Listed for rent | $4,800$3/sqft |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,364 +9.1% | $719,343 +12.1% |
| 2024 | $5,831 +14.6% | $641,621 +10% |
| 2023 | $5,087 +74.8% | $583,292 +61% |
Find assessor info on the county website
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 1.1 mi
- 4/10Coral Shores High SchoolGrades: 9-12Distance: 15.5 mi

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$825,400
2% more+ $16,508
With Zillow Showcase(estimated)
$841,908
