$1,900,000
SOLD MAY 22, 2026

229 Upper Matecumbe Rd Key Largo, FL 33037

5 Beds
3 Baths
3,184 Sq Ft
6,000 Sq Ft Lot Lot

Sale Details

Date Sold: May 22, 2026

$597 Per Sq Ft

5% Below List Price

325 on Market

Highlights

  • Dock made with concrete
  • New Construction
  • Granite Countertops
  • Coral Shores High School Rated A
  • Waterfront
  • Workshop

About This Home

As of May 2026

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.

Last Agent to Sell the Property

Sally Stribling

Coldwell Banker Schmitt Key Largo License #3159204 Listed on: 12/18/2025

Coldwell Banker Schmitt Key Largo

Last Buyer's Agent

Sally Stribling

Coldwell Banker Schmitt Key Largo License #3159204 Listed on: 12/18/2025

Coldwell Banker Schmitt Key Largo

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
  • Lot Dimensions are 60x100
  • Waterfront
  • Fenced
  • Property is zoned URM - Urban Res Mobile Home District

Interior Spaces

  • 3,184 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Ceiling Fan
  • Workshop
  • Storage
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Carport

Outdoor Features

  • Dock made with concrete
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Air

Community Details

  • Lake Surprise Properties Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00534850-000000

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

Listing Details

  • Property Type: Residential
  • Dockage Dock: Concrete
  • Vehicle Storage Cars: 4+
  • Year Built: 2024
  • Building Style Above Flood: Yes
  • Property Condition: New Construction
  • Property Sub Type: Single Family Residence
  • Lot Size: 60x100
  • Co List Office Mls Id: 3211
  • Co List Office Phone: 305-451-4422
  • Subdivision Name: Lake Surprise Properties (106.0)
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Built-in Cabinets, Granite Counter Top, Elevator, Storage
  • Appliances: Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Waterfront: Yes
  • Exterior Features: Fencing, Lighting, Storage
  • Construction Type: CBS
  • Waterfront: Canal Front
  • Roof: Concrete Roof

Utilities

  • Cooling: Central Air, Ceiling Fans(s)
  • Utilities: FKAA, Municipal Sewer

Condo/Co-op/Association

  • Pets Allowed: Yes

Lot Info

  • Parcel Number: 00534850-000000
  • Lot Size Sq Ft: 6000.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5019.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Feb 17, 2022
Sold by
Luis Angulo
Bought by
Ham Real Estate Investments Inc
Seller's Agent
Pete Riveiro
The Firm Realty Group
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$749,000
Sold Price
$685,000
Premium/Discount to List
-$64,000
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.17%

Purchase Details

Closed on
Oct 1, 1983
Bought by
Angulo Louis and Angulo Maria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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: Public Records

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
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 -- --
Source: Florida Keys Board of REALTORS®

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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 613863

Florida Keys Board of REALTORS®

APN: 00534850-000000

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