$2,500,000

254 Lower Matecumbe Rd Key Largo, FL 33037

Estimated payment $14,010/month

Total Views 239
5 Beds
4 Baths
2,778 Sq Ft
$900 Price per Sq Ft

Highlights

  • Boat Lift
  • Heated In Ground Pool
  • RV Parking in Community
  • Coral Shores High School Rated A
  • RV or Boat Parking
  • Home fronts a canal

About This Home

Welcome to your turnkey Florida Keys Oasis. It's big, it's beefy, and it's a whole lot of tropical fun. From exquisite modern details to a vibe that just says ahhhh. Spacious, and built in 2019 with solid CBS construction, impact windows and doors and a comfort level perfect for full-time island living or an easy South Florida weekend escape.This elegant 5 Bedroom / 4 Bathroom coastal home delivers three private ensuites, a beautiful chef's kitchen, multiple balconies, and exceptional outdoor living spaces to set the tropical mood.The bright second level features a wide-open great room, dining area, and a stunning kitchen with a prep / dining island, custom cabinetry, and stainless appliances. Impact sliders extend the living space to the first balcony, perfect for morning coffee or sunset cocktails. This floor also includes one ensuite bedroom, two guest rooms, and a full bath.Upstairs, you'll find another private ensuite plus a spacious Primary Suite with an elegant Primary bath and a breezy upper balcony ideal for unwinding. Every room feels refined, calm, and connected to the tropical surroundings.Downstairs, the ground level transforms into your island fun-zone, with an extra-large covered patio for entertaining rain or shine, a heated pool for year-round enjoyment, and a complete boater's setup with two boat lifts (14K & 10K), dockside water and electric, and a fish-cleaning station ready for your catch. Low-maintenance turf, crown molding, electric blinds, remote thermostats, a laundry room, pantry, and a built-in elevator shaft add even more convenience.Quick access from Miami/Fort Lauderdale, excellent boating fishing, and diving, modern construction, and a relaxed tropical vibe make this Key Largo home a true standout. THIS is exceptional Florida Keys living!

Listing Agent

Mykael Marinelli

American Caribbean Real Estate, Christie's International Real Estate License #624654 Listed on: 11/14/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,013

Year Built

  • Built in 2019

Lot Details

  • 6,000 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Split Level Home

Interior Spaces

  • 2,778 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Sliding Doors
  • Tile Flooring
  • Canal Views
  • Impact Glass

Kitchen

  • Ice Maker
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • RV or Boat Parking

Outdoor Features

  • Heated In Ground Pool
  • Boat Lift
  • Balcony
  • Lanai

Utilities

  • Central Air
  • Heating Available
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00534340-000000

Community Details

Overview

  • No Home Owners Association
  • Lake Surprise Properties Subdivision
  • Rental Restrictions
  • RV Parking in Community

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,013

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 106.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 10013.47
  • Vehicle Storage: Carport, Trailer Storage, RV Parking Open
  • Year Built: 2019
  • Alternate Key Number: 1657841
  • Building Style: Split Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6000.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 2778.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Window Treatments, Quartz Countertops
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Stainless Steel Appliance(s), Ice Machine, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Doors
  • Total Bedrooms: 5
  • Sq Ft Remarks: Buyer to verify

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Lanai
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: On Premises System
  • Utilities: Buyer to Verify
  • Heating: Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00534340-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2024

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 $8,973 $1,291,858 $610,095 $681,763
2023 $8,973 $1,112,398 $480,600 $631,798
2022 $8,058 $1,041,214 $400,500 $640,714
2021 $7,074 $784,689 $248,310 $536,379
2020 $7,138 $786,866 $248,310 $538,556
2019 $2,793 $262,987 $248,310 $14,677
2018 $2,718 $262,280 $248,310 $13,970
2017 $2,565 $222,718 $0 $0
2016 $2,592 $224,550 $0 $0
2015 $2,432 $192,662 $0 $0
2014 $2,406 $182,392 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 For Sale $2,500,000 -- $900 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $265,000 --
Warranty Deed $84,000 --
Warranty Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $211,000 Purchase Money Mortgage
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 617320

Florida Keys Board of REALTORS®

APN: 00534340-000000