229 Upper Matecumbe Rd Key Largo, FL 33037
Estimated payment $11,214/month
Highlights
- Property has ocean access
- Private Dock
- New Construction
- Coral Shores High School Rated A
- Boating
- Above Ground Pool
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 deep water 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,019
Year Built
- Built in 2024 | New Construction
Lot Details
- 6,000 Sq Ft Lot
- Lot Dimensions are 60x100
- Home fronts a canal
- West Facing Home
- Fenced
- Property is zoned URM
Property Views
- Canal
- Pool
Home Design
- Concrete Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 3,184 Sq Ft Home
- Furnished
- Ceiling Fan
- Blinds
- Sliding Windows
- French Doors
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Ceramic Tile Flooring
Kitchen
- Eat-In Kitchen
- Built-In Self-Cleaning Oven
- Electric Range
- Microwave
- Dishwasher
- Cooking Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Sitting Area In Primary Bedroom
- Primary Bedroom Upstairs
- Split Bedroom Floorplan
- Walk-In Closet
- 3 Full Bathrooms
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry in Utility Room
- Washer and Dryer Hookup
Home Security
- Clear Impact Glass
- High Impact Door
- Fire and Smoke Detector
Parking
- 4 Attached Carport Spaces
- Guest Parking
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Above Ground Pool
- Property has ocean access
- Private Dock
- Balcony
- Deck
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 1658359
Community Details
Overview
- No Home Owners Association
- Lake Surprise Subdivision
Recreation
- Boating
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 |
|---|---|---|---|---|
| 2025 | $5,020 | $1,716,640 | $619,440 | $1,097,200 |
| 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 |
|---|---|---|---|---|---|
| 05/22/2026 05/22/26 | Sold | $1,900,000 | -4.8% | $597 / Sq Ft | View Prior Sale |
| 01/15/2026 01/15/26 | Pending | -- | -- | -- | |
| 12/18/2025 12/18/25 | For Sale | $1,995,000 | 0.0% | $627 / Sq Ft | |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $685,000 | New Title Company Name | |
| Warranty Deed | $29,000 | -- |
Source: MIAMI REALTORS® MLS
MLS Number: A11923653
APN: 00534850-000000
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