Sold for $1,850,000

$1,850,000

157 La Paloma Rd, Key Largo, FL 33037

3beds

1,375sqft

Single Family Residence

Built in 1991

6,920 Square Feet Lot

$1,859,400 Zestimate^®

$1,345/sqft

$4,490 Estimated rent

Home value

$1,859,400

$1.62M - $2.14M

$4,490/mo

Zestimate^® history

Owner options

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$4,490/mo

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$4,490/mo

Rent Zestimate^®

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$11,074/mo

Est. payment

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$11,074/mo

Est. payment

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What's special

In-law suitePrivate boat liftDirect ocean accessAutomated entry gateHigh-end outdoor kitchenSmart pool systemWaterfront property

Welcome to your dream home in Key Largo—a fully remodeled, turnkey waterfront property offering the perfect blend of luxury, comfort, and functionality. With direct ocean access and breathtaking water views, this home is designed for both relaxation and entertainment. It features a private boat lift, a smart pool system, and an automated entry gate for privacy and convenience. The interior is beautifully finished with high-end materials and top-of-the-line appliances, and it comes fully FURNISHED so you can move in with nothing more than your clothes and toothpaste. High-end outdoor kitchen is perfect for hosting gatherings. An in-law suite on the first floor includes a full kitchen and bathroom, providing flexible living arrangements or additional rental income potential.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Electric

Cooling

Ceiling Fan(s), Central Air, Electric

Appliances

Included: Bottled Gas, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Other, Gas Range, Refrigerator, Self Cleaning Oven, Washer

Features

Bar, Built-in Features, Closet Cabinetry, Kitchen Island, Maid/In-Law Quarters, Storage
Flooring: Vinyl
Windows: Complete Impact Glass, High Impact Windows

Interior area

Total structure area: 3,016
Total interior livable area: 1,375 sqft

Property

Parking

Total spaces: 4
Parking features: Golf Cart Parking, Guest, Other
Garage spaces: 4

Features

Levels: Split Level
Stories: 1
Entry location: Second Floor Entry
Patio & porch: Deck
Exterior features: Barbecue, Built-in Barbecue, Lighting, Outdoor Shower
Has private pool: Yes
Pool features: In Ground, Heated
Has spa: Yes
Fencing: Fenced
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Ocean Access, Waterfront, WF/Pool/Ocean Access
Frontage length: 70

Lot

Size: 6,920 Square Feet
Features: Less Than 1/4 Acre Lot

Details

Additional structures: Extra Building/Shed, Shed(s)
Parcel number: 00546950000000
Zoning: is
Other equipment: Other

Construction

Type & style

Home type: SingleFamily
Architectural style: Split Level
Property subtype: Single Family Residence

Materials

CBS Construction
Roof: Aluminum

Condition

Completely Renovated
Year built: 1991

Utilities & green energy

Gas: Bottled Gas
Sewer: Public Sewer
Water: Municipal Water

Green energy

Energy efficient items: Lighting, Roof, Thermostat, Water Heater

Community & HOA

Community

Features: None, No Subdiv/Park Info
Security: Owned Burglar Alarm, Smoke Detector
Subdivision: Winston Waterways No 2

HOA

Has HOA: No

Location

Region: Key Largo

Financial & listing details

Price per square foot: $1,345/sqft
Tax assessed value: $1,119,235
Annual tax amount: $4,196
Date on market: 5/14/2025
Listing terms: All Cash,Conventional,FHA,VA Loan

Price history

Date	Event	Price
9/12/2025	Sold	$1,850,000-6.6%$1,345/sqft
Source: MIAMI #A11800840 Report a problem
8/4/2025	Pending sale	$1,980,000$1,440/sqft
Source: MIAMI #A11800840 Report a problem
6/19/2025	Price change	$1,980,000-5.7%$1,440/sqft
Source: MIAMI #A11800840 Report a problem
5/15/2025	Listed for sale	$2,100,000+346.8%$1,527/sqft
Source: MIAMI #A11800840 Report a problem
3/6/2015	Sold	$470,000-9.6%$342/sqft
Source: Public Record Report a problem
10/22/2014	Listed for sale	$520,000-20%$378/sqft
Source: Tropical Realty of the Florida Keys, Inc. #565561 Report a problem
6/5/2012	Listing removed	$650,000$473/sqft
Source: Owner Report a problem
4/6/2012	Listed for sale	$650,000$473/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,413 +5.2%	$518,137 +2.9%
2024	$4,196 +26.7%	$503,535 +25.7%
2023	$3,312 +6.4%	$400,493 +3%
2022	$3,113 -1.2%	$388,829 +3%
2021	$3,152 +0.9%	$377,504 +1.4%
2020	$3,124	$372,292 +2.3%
2019	$3,124 +2.3%	$363,922 +1.9%
2018	$3,054 +0.3%	$357,137 +2.1%
2017	$3,044 +2.4%	$349,792 -19.9%
2016	$2,971 -28.7%	$436,811 +3.8%
2015	$4,166	$420,960