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For sale
  • $2,500,000

    254 Lower Matecumbe Rd, Key Largo, FL 33037

    5beds
    2,778sqft
    : 
    Single Family Residence
    Built in 2019
    6,098.4 Square Feet Lot
    $2,311,500 Zestimate®
    $900/sqft
    $-- HOA

    What's special

    Three private ensuitesBuilt-in elevator shaftModern constructionElectric blindsLaundry roomRemote thermostatsImpact windows and doors
    Welcome to your turnkey Florida Keys Oasis. It's big, it's beefy, and it's a whole lot of tropical fun. From exquisite modern details to a vibe that just says ahhhh. Spacious, and built in 2019 with solid CBS construction, impact windows and doors and a comfort level perfect for full-time island living or an easy South Florida weekend escape.This elegant 5 Bedroom / 4 Bathroom coastal home delivers three private ensuites, a beautiful chef's kitchen, multiple balconies, and exceptional outdoor living spaces to set the tropical mood.The bright second level features a wide-open great room, dining area, and a stunning kitchen with a prep / dining island, custom cabinetry, and stainless appliances. Impact sliders extend the living space to the first balcony, perfect for morning coffee or sunset cocktails. This floor also includes one ensuite bedroom, two guest rooms, and a full bath.Upstairs, you'll find another private ensuite plus a spacious Primary Suite with an elegant Primary bath and a breezy upper balcony ideal for unwinding. Every room feels refined, calm, and connected to the tropical surroundings.Downstairs, the ground level transforms into your island fun-zone, with an extra-large covered patio for entertaining rain or shine, a heated pool for year-round enjoyment, and a complete boater's setup with two boat lifts (14K & 10K), dockside water and electric, and a fish-cleaning station ready for your catch. Low-maintenance turf, crown molding, electric blinds, remote thermostats, a laundry room, pantry, and a built-in elevator shaft add even more convenience.Quick access from Miami/Fort Lauderdale, excellent boating fishing, and diving, modern construction, and a relaxed tropical vibe make this Key Largo home a true standout. THIS is exceptional Florida Keys living!
    70 days
    |
    566
    |
    29
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 19, 2025 at 10:23pm

    Listed by:

    Mykael A. Marinelli 305-439-7730,

    American Caribbean Real Estate, Christie's International Real Estate

    Source: FLKMLS,MLS#: 617320MLS LogoOriginating MLS: Florida Keys

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Ice Machine, Dryer
    • Laundry: Laundry Room
    Features
    • Quartz Countertops
    • Flooring: Tile
    • Doors: Sliding Glass Doors, Impact Rstnce Doors
    • Windows: Window Treatments
    Interior area
    • Total interior livable area: 2,778 sqft

    Property

    Parking
    • Parking features: Carport, Trailer Storage, RV Parking Open
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Multi/Split
    • Patio & porch: Lanai, Open Porch/Balcony
    • Has private pool: Yes
    • Pool features: Heated, In Ground
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Front, Waterfront, Dockage: Boat Lift
    Lot
    • Size: 6,098.4 Square Feet
    • Features: Less Than 1/4 Acre
    Details
    • Parcel number: 00534340000000
    • Zoning: SF
    • Zoning description: Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    Condition
    • Year built: 2019

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Buyer to Verify

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $900/sqft
    • Tax assessed value: $1,293,239
    • Annual tax amount: $10,013
    • Date on market: 11/14/2025
    • Listing terms: Cash,Conventional
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    Estimated market value

    $2,311,500

    $2.20M - $2.43M

    $6,551/mo

    Price history

    Price history
    DateEventPrice
    11/14/2025Listed for sale$2,500,000+843.4%$900/sqft
    Source: FLKMLS #617320 Report a problem
    8/18/2003Sold$265,000+215.5%$95/sqft
    Source: Public Record Report a problem
    5/7/1999Sold$84,000$30/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$10,790 +7.8%$1,203,609 +10%
    2024$10,013 +11.6%$1,094,190 +10%
    2023$8,973 +11.3%$994,718 +10%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $15,152/mo
    Principal & interest
    $12569
    Property taxes
    $1708
    Home insurance
    $875

      Climate risks

      Neighborhood: 33037

      Nearby schools

      GreatSchools rating

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