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Pending
    • $1,995,000

    229 Upper Matecumbe Rd, Key Largo, FL 33037

    5beds
    3,184sqft
    : 
    Single Family Residence
    Built in 2024
    6,098.4 Square Feet Lot
    $1,925,200 Zestimate®
    $627/sqft
    $-- HOA

    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.
    415 days
    |
    109
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

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

    Coldwell Banker Schmitt Key Largo

    Source: FLKMLS,MLS#: 613863MLS LogoOriginating MLS: Florida Keys

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator
      Features
      • Split Bedroom, Storage, Elevator, Granite Counters, Built-in Cabinets, Utility Room
      • Flooring: Tile
      • Doors: Impact Rstnce Doors
      • Windows: Impact Rstnce Window
      Interior area
      • Total interior livable area: 3,184 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Carport, RV Parking Open
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Accessible Elevator Installed
      Features
      • Levels: 3 Stories
      • Stories: 3
      • Patio & porch: Open Porch/Balcony, Deck, Patio, Roof Top Deck
      • Exterior features: Storage, Lighting
      • Has private pool: Yes
      • Pool features: In Ground, Decked, Concrete, Salt Water
      • Fencing: Fenced
      • Has view: Yes
      • View description: Bay/Gulf View, Canal
      • Has water view: Yes
      • Water view: Bay/Gulf View,Canal
      • Waterfront features: Canal Front, Waterfront, Dock: Concrete, Dock Length: 60
      Lot
      • Size: 6,098.4 Square Feet
      • Dimensions: 60 x 100
      • Features: Less Than 1/4 Acre
      Details
      • Additional structures: Workshop
      • Parcel number: 00534850000000
      • Zoning: URM
      • Zoning description: Urban Res Mobile Home District

      Construction

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

      Utilities & green energy

      • Sewer: Municipal Sewer, Public Sewer
      • Utilities for property: FKAA

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $627/sqft
      • Tax assessed value: $1,716,640
      • Annual tax amount: $5,019
      • Date on market: 2/24/2025
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        Estimated market value

        $1,925,200

        $1.83M - $2.02M

        $5,459/mo

        Price history

        Price history
        DateEventPrice
        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
        2/17/2022Sold$685,000-2%$215/sqft
        Source: FLKMLS #598321 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

        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

        Monthly payment

        Est. payment
        $11,320/mo
        Principal & interest
        $9957
        Property taxes
        $1363
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          Climate risks

          Neighborhood: 33037

          Getting around

          26 / 100
          Car-Dependent
          59 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

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