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Sold for $1,900,000
    • $1,900,000

    229 Upper Matecumbe Rd, Key Largo, FL 33037

    5beds
    3,184sqft
    Single Family Residence
    Built in 2024
    6,098 Square Feet Lot
    $1,922,400 Zestimate®
    $597/sqft
    $7,012 Estimated rent

    Home value

    $1,922,400

    $1.83M - $2.02M

    $7,012/mo

    Zestimate® history
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    What's special

    Luxury elevatorResort-style poolAbundant natural lightExpansive rooftop deckWaterfront residenceBreathtaking bay viewsPremium appliances
    Experience the pinnacle of coastal luxury in this brand-new waterfront residence in Key Largo. Featuring five spacious bedrooms and three elegantly appointed bathrooms, this home is crafted with solid concrete construction, ensuring durability and peace of mind. Enjoy breathtaking bay views from the expansive rooftop deck—an ideal setting for entertaining or unwinding as the sun sets over the water. A modern, resort-style pool at the water's edge provides the perfect retreat after a day on the ocean, while the brand-new concrete dock offers a secure haven for your boat, with deepwater access to both the ocean and bay. Inside, this stunning home boasts impact windows and doors, elegant tiled floors throughout, and a chef's kitchen with a waterfall-edge sit-up island, premium appliances, and abundant natural light. A luxury elevator adds convenience, while the spacious covered understory—complete with a workshop and storage area—is perfect for housing all your fishing and boating gear. Located just one hour from Miami International Airport, this tropical paradise offers the perfect blend of exclusivity and accessibility.

    Zillow last checked:

    Listing updated:

    Listed by:

    SALLY STRIBLING, P.A. 305-283-2002,

    Coldwell Banker Schmitt Key Largo

    Bought with:

    SALLY STRIBLING, P.A., 3159204

    Coldwell Banker Schmitt Key Largo

    Source: FLKMLS,MLS#: 613863MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
    Features
    • Built-in Features, Granite Counters, Elevator, Storage
    • Flooring: Tile
    Interior area
    • Total structure area: 3,184
    • Total interior livable area: 3,184 sqft

    Property

    Parking
    • Parking features: RV Access/Parking
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Patio & porch: Open Porch/Balcony, Deck, Roof Top Deck, Patio
    • Exterior features: Lighting, Storage
    • Has private pool: Yes
    • Pool features: In Ground, Salt Water, Concrete, Decked
    • Fencing: Fenced
    • On waterfront: Yes
    Lot
    • Size: 6,098 Square Feet
    • Dimensions: 60x100
    Details
    • Parcel number: 00534850000000
    • Zoning: URM - Urban Res Mobile Home District

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2024

    Community & HOA

    Community
    • Subdivision: Lake Surprise Properties (106.0)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Key Largo

    Financial & listing details

    • Price per square foot: $597/sqft
    • Tax assessed value: $1,716,640
    • Annual tax amount: $5,019
    • Date on market: 12/18/2025

    Price history

    DateEventPrice
    5/22/2026Sold$1,900,000-4.8%$597/sqft
    Source: FLKMLS #613863 Report a problem
    1/16/2026Pending sale$1,995,000$627/sqft
    Source: FLKMLS #613863 Report a problem
    12/2/2025Listed for sale$1,995,000$627/sqft
    Source: MIAMI #A11923653 Report a problem
    9/5/2025Pending sale$1,995,000$627/sqft
    Source: FLKMLS #613863 Report a problem
    7/19/2025Price change$1,995,000-16%$627/sqft
    Source: FLKMLS #613863 Report a problem
    2/24/2025Listed for sale$2,375,000-8.6%$746/sqft
    Source: FLKMLS #613863 Report a problem
    9/1/2024Listing removed$2,599,000$816/sqft
    Source: Key West AOR #609192 Report a problem
    6/21/2024Price change$2,599,000-1.9%$816/sqft
    Source: Key West AOR #609192 Report a problem
    6/3/2024Price change$2,650,000-0.9%$832/sqft
    Source: Key West AOR #609192 Report a problem
    3/14/2024Listed for sale$2,675,000+7%$840/sqft
    Source: Key West AOR #609192 Report a problem
    1/31/2024Listing removed--
    Source: FLKMLS #605754 Report a problem
    12/5/2023Price change$2,499,5000%$785/sqft
    Source: FLKMLS #605754 Report a problem
    6/23/2023Listed for sale$2,499,999-2.2%$785/sqft
    Source: FLKMLS #605754 Report a problem
    5/2/2023Listing removed--
    Source: FLKMLS #602960 Report a problem
    3/9/2023Price change$2,555,0000%$802/sqft
    Source: FLKMLS #602960 Report a problem
    1/14/2023Price change$2,555,500-7.3%$803/sqft
    Source: Key West AOR #602960 Report a problem
    11/2/2022Listed for sale$2,755,500$865/sqft
    Source: FLKMLS #602960 Report a problem
    10/15/2022Listing removed--
    Source: FLKMLS #600593 Report a problem
    4/15/2022Listed for sale$2,755,500+302.3%$865/sqft
    Source: Key West AOR #600593 Report a problem
    2/22/2022Sold$685,000-2%$215/sqft
    Source: Public Record Report a problem
    2/4/2022Contingent$699,000$220/sqft
    Source: Key West AOR #598321 Report a problem
    1/5/2022Price change$699,000-6.7%$220/sqft
    Source: Key West AOR #598321 Report a problem
    11/2/2021Listed for sale$749,000$235/sqft
    Source: FLKMLS #598321 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,824 +175.4%$1,667,194 +194.2%
    2024$5,020 +14.9%$566,633 +10%
    2023$4,368 +163.6%$515,121 +255.3%
    2022$1,657 +8.9%$144,994 +10%
    2021$1,522 +2.6%$131,813 +10%
    2020$1,483 $119,830 -30.3%
    2019$1,483 +5%$171,910 0%
    2018$1,412 $171,953 +81.8%
    2017-- $94,566 -0.3%
    2016-- $94,826 +9.1%
    2015-- $86,941
    Find assessor info on the county website

    Neighborhood: 33037

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    Estimated market value
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    Estimated market value
    $1,922,400

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