Why Live in North Key Largo
North Key Largo, located in the upper Florida Keys, is known for its rich wildlife and exclusive luxury community. The area is home to Schaus’ Swallowtail butterflies, American crocodiles, and Key Largo woodrats, thriving under the hardwood hammocks. Ocean Reef Club dominates the residential landscape, offering a gated resort-style living with amenities like private golf courses, restaurants, social clubs, an airport, and a medical center. Housing options range from vacation rental condos to multimillion-dollar estates, with oceanfront and bayfront properties being the most expensive. A few miles south, Gulfstream Shores offers spacious homes on large lots at more affordable prices. The neighborhood includes over 8,000 acres of protected land, featuring Crocodile Lake National Wildlife Refuge and two marine state parks. Dagny Johnson Key Largo Hammock Botanical State Park and John Pennekamp Coral Reef State Park are notable attractions, offering trails, snorkeling, and diving opportunities. Ocean Reef Club residents have access to Wynn’s Market and several fine dining options, while nearby restaurants like The Buzzard’s Roost and Blackwater Siren provide additional dining experiences. Key Largo School serves K-8 students, and Coral Shores High School offers high-rated education with various certification courses. The area is accessible via Card Sound Road and U.S. Highway 1, with Miami International Airport 55 miles away. North Key Largo is safer than the national average, though it is prone to tropical storms and hurricanes, necessitating a zoned evacuation plan and rising flood insurance rates.
Frequently Asked Questions
Is North Key Largo a good place to live?
North Key Largo is a good place to live. North Key Largo is considered very car-dependent and somewhat bikeable. North Key Largo has 1 park for recreational activities. It is sparse in population with 0.2 people per acre and a median age of 68. The average household income is $128,001 which is above the national average. College graduates make up 69.6% of residents. A majority of residents in North Key Largo are home owners, with 12% of residents renting and 88% of residents owning their home. A
local real estate agent serving North Key Largo can help you decide if this neighborhood is the right one for you. Learn more on our
North Key Largo neighborhood guide.
How much do you need to make to afford a house in North Key Largo?
The median home price in North Key Largo is $2,298,000. If you put a 20% down payment of $459,600 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $11,690 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $501K a year to afford the median home price in North Key Largo. The average household income in North Key Largo is $128K.
What are the best public schools in North Key Largo?
The best public schools that serve North Key Largo are:
- Coral Shores High School has an A Niche grade, a student teacher ratio of 18:1 and an average review score of 3.7.
- Key Largo School has a B- Niche grade, a student teacher ratio of 13:1 and an average review score of 3.0.
What are the best private schools in North Key Largo?
The best private schools that serve North Key Largo are:
What are the most popular zip codes in North Key Largo, Key Largo, FL?
What are the most popular neighborhoods near North Key Largo, Key Largo, FL?
Are home prices dropping in North Key Largo?
Yes, home prices in North Key Largo are down 3% in the last 12 months.
Home Trends in North Key Largo, FL
On average, homes in North Key Largo, Key Largo sell after 215 days on the market compared to the national average of 52 days. The median sale price for homes in North Key Largo, Key Largo over the last 12 months is $1,100,000, up 69% from the median home sale price over the previous 12 months.
Median Sale Price
$1,100,000
Median Single Family Sale Price
$1,450,000
Median 2 Bedroom Sale Price
$3,950,000
Average Price Per Sq Ft
$1,514
Number of Homes for Sale
11
Last 12 months Home Sales
11
Median List Price
$2,298,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
69%