$2,850,000
$150K PRICE DROP

117 La Paloma Rd Key Largo, FL 33037

Estimated payment $16,622/month

Total Views 19,172
5 Beds
4.5 Baths
3,224 Sq Ft
$884 Price per Sq Ft

Highlights

  • Property has ocean access
  • Deeded Boat Dock
  • Newly Remodeled
  • Coral Shores High School Rated A
  • Up to 40-Foot Boat
  • 1-minute walk to Harry Harris Park

About This Home

Turn-key tropical luxury in Key Largo! 4 Palmas is a custom 5BD/4.5BA waterfront oasis built in 2016 with over 5,600 sqft of indoor/outdoor living. Designed for entertaining & relaxation, it features 2 primary suites, open living spaces, 3 lounges (incl. covered outdoor), 2 bars, full outdoor kitchen, heated pool, and expansive deck. Enjoy a 50’ dock on a wide canal with direct ocean access, plus kayaking through nearby mangroves of Pennekamp. Built to CAT 5 standards with impact windows/doors, metal roof, elevator, balconies & ample storage. Available fully furnished - this home is ready to enjoy—live the Keys lifestyle in comfort, style, and ease!

Listing Agent

Danny Diaz

Midtown Realty International Inc License #0706741 Listed on: 05/30/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,036

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 7,205 Sq Ft Lot
  • 76 Ft Wide Lot
  • Home fronts a canal
  • Northeast Facing Home
  • Fenced
  • Property is zoned is

Property Views

  • Lagoon
  • Canal

Home Design

  • Elevated Home
  • Substantially Remodeled
  • Metal Roof
  • Modular or Manufactured Materials

Interior Spaces

  • 3,224 Sq Ft Home
  • Wet Bar
  • Furniture for Sale
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Workshop
  • Storage Room
  • Tile Flooring

Kitchen

  • Electric Range
  • <<microwave>>
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Parking

  • Driveway
  • Open Parking
  • Golf Cart Parking

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Heated Pool
  • Outdoor Pool
  • Outdoor Shower
  • Pool Equipment Stays

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Canal Width 1-80 Feet
  • No Wake Zone
  • Up to 40-Foot Boat
  • Deeded Boat Dock
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Winston Waterways No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00547050-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,036

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Garage Yn: No
  • Horses: No
  • Inclusions: Private Dock, Dock Owned/Included,Electric Available,No Wake Zone,Private Dock,UP to 40 Ft Boat,Water Available
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: WINSTON WATERWAYS NO 2
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Free-Standing Freezer, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Washer
  • Interior Amenities: Bar, Built-in Features, Closet Cabinetry, Elevator, Exclusions, Other, Walk-In Closet(s), Wet Bar, Family Room, Storage, Workshop
  • Spa Yn: No
  • Accessibility Features: Accessible, Accessible Elevator Installed
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Other, Tile
  • Furnished: Furniture For Sale
  • Living Area: 3224
  • Other Equipment: Elevator
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Primary Bath Shower, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Family Room, Storage Room, Workshop
  • Master Bathroom Features: 2 Primary Bathrooms, Dual Sinks, Shower Only

Exterior Features

  • Roof: Metal Roof
  • View: Canal, Lagoon, Water
  • Exterior Features: Barbeque, Built-In Grill, Lighting, Outdoor Shower
  • Construction Type: Elevated Construction, Modular Construction
  • Direction Faces: Northeast
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Equipment Stays, Heated
  • Pool Private: No
  • Property Condition: New Construction, Substantially Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Canal Width 1-80 Feet, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: WINSTON WATERWAYS NO 2
  • Open Parking: Yes
  • Parking Features: Driveway, Golf Cart Parking

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None, Paved Road, Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 00547050-000000
  • Lot Size Sq Ft: 7205
  • Zoning: is

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10036

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,418 $1,261,288 $653,638 $607,650
2023 $9,418 $1,231,101 $660,554 $570,547
2022 $8,440 $1,141,088 $563,719 $577,369
2021 $7,512 $838,630 $325,090 $513,540
2020 $7,280 $804,205 $325,090 $479,115
2019 $7,164 $830,635 $345,840 $484,795
2018 $6,863 $805,286 $345,840 $459,446
2017 $6,439 $775,713 $0 $0
2016 $1,792 $200,378 $0 $0
2015 $1,519 $134,737 $0 $0
2014 $1,228 $134,091 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $2,850,000 -5.0% $884 / Sq Ft
05/12/2025 05/12/25 For Sale $3,000,000 -- $931 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $206,500 Absolute First Title Llc
Warranty Deed $225,000 Coastal Title & Closing Serv
Warranty Deed $40,000 --
Warranty Deed $5,000 --
Warranty Deed $20,000 --
Deed $15,000 --
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11813047

MIAMI REALTORS® MLS

APN: 00547050-000000