229 Upper Matecumbe Rd Key Largo, FL 33037
Estimated payment $10,932/month
Highlights
- Dock made with concrete
- New Construction
- RV or Boat Parking
- Coral Shores High School Rated A
- Concrete Pool
- Gulf View
About This Home
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.
Listing Agent
Coldwell Banker Schmitt Key Largo License #3159204 Listed on: 02/24/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,020
Year Built
- Built in 2024 | New Construction
Lot Details
- 6,000 Sq Ft Lot
- Home fronts a canal
- Fenced
- Property is zoned URM - Urban Res Mobile Home District
Property Views
- Gulf
- Canal
Home Design
- Concrete Roof
Interior Spaces
- 3,184 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Workshop
- Storage
- Utility Room
- Tile Flooring
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Built-In or Custom Kitchen Cabinets
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- 3 Full Bathrooms
Home Security
- Impact Glass
- Fire and Smoke Detector
Parking
- 4 Parking Spaces
- Carport
- RV or Boat Parking
Accessible Home Design
- Accessible Elevator Installed
Pool
- Concrete Pool
- In Ground Pool
- Pool Deck
- Saltwater Pool
Outdoor Features
- Dock made with concrete
- Balcony
- Deck
- Patio
- Exterior Lighting
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- Lake Surprise Properties Subdivision
- Rental Restrictions
- RV Parking in Community
Listing and Financial Details
- Assessor Parcel Number 00534850-000000
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,368 | $664,364 | $610,095 | $54,269 |
| 2023 | $4,368 | $515,121 | $480,600 | $34,521 |
| 2022 | $1,657 | $233,192 | $232,290 | $902 |
| 2021 | $1,522 | $179,834 | $178,890 | $944 |
| 2020 | $1,483 | $179,878 | $178,890 | $988 |
| 2019 | $1,412 | $171,910 | $170,880 | $1,030 |
| 2018 | $1,389 | $171,953 | $170,880 | $1,073 |
| 2017 | $1,088 | $94,566 | $0 | $0 |
| 2016 | $1,082 | $94,826 | $0 | $0 |
| 2015 | -- | $86,941 | $0 | $0 |
| 2014 | -- | $82,928 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/03/2025 09/03/25 | Pending | -- | -- | -- | |
| 07/19/2025 07/19/25 | Price Changed | $1,995,000 | -16.0% | $627 / Sq Ft | |
| 02/24/2025 02/24/25 | For Sale | $2,375,000 | +246.7% | $746 / Sq Ft | |
| 02/17/2022 02/17/22 | Sold | $685,000 | -2.0% | -- | View Prior Sale |
| 01/05/2022 01/05/22 | Price Changed | $699,000 | -6.7% | -- | |
| 11/02/2021 11/02/21 | For Sale | $749,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $685,000 | New Title Company Name | |
| Warranty Deed | $29,000 | -- |
Source: Florida Keys Board of REALTORS®
MLS Number: 613863
APN: 00534850-000000
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