$2,150,000
UNDER CONTRACT NEW CONSTRUCTION $550K PRICE DROP

272 Lower Matecumbe Rd Key Largo, FL 33037

Estimated payment $11,699/month

Total Views 19,125
4 Beds
3 Baths
2,262 Sq Ft
$950 Price per Sq Ft

Highlights

  • New Construction
  • Concrete Pool
  • No HOA
  • Coral Shores High School Rated A
  • Home fronts a canal
  • Stainless Steel Appliances

About This Home

Stunning Brand-New Waterfront Home - 4 Bed / 3 Bath with 60' Dock and Pool. Luxury waterfront living in this elevated home. Step inside to a modern, open concept design with gorgeous white tile floors throughout, creating a sleek airy feel. The spacious living and dining areas flow seamlessly to the outdoor oasis where you will find your private pool perfect for relaxation and entertaining. With the elevated construction and impact windows, you'll have a peace of mind. The canal opens up on to Blackwater Sound with easy access to the Ocean thru Adams Cut. Just 45 minutes from Miami, this weekend Oasis is waiting for you. **SELLER FINANCING AVAILABLE**

Listing Agent

Yvette Doherty

Coldwell Banker Schmitt Key Largo License #3281170 Listed on: 03/20/2025

Coldwell Banker Schmitt Key Largo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,673

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 6,000 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned URM - Urban Res Mobile Home District

Parking

  • Carport

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,262 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Canal Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Lake Surprise Estates Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00534290-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,673

Year Built

Built in 2025 | New Construction

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
  • Contingent: Contingent/Show
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4673.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport
  • Year Built: 2025
  • Alternate Key Number: 1657794
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6000.00
  • Pool Info: In Ground, Concrete
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 2262.00
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: 130
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Roof: Concrete Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Elect Separate Meter, Buyer to Verify, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00534290-000000
  • Lot Size: 60x100
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Map

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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
2025 $4,674 $610,095 $610,095 --
2024 $4,094 $610,095 $610,095 --
2023 $4,094 $480,600 $480,600 $0
2022 $1,897 $232,290 $232,290 $0
2021 $1,746 $178,890 $178,890 $0
2020 $1,427 $178,890 $178,890 $0
2019 $1,361 $170,880 $170,880 $0
2018 $1,340 $170,880 $170,880 $0
2017 $1,043 $93,450 $0 $0
2016 $1,039 $93,629 $0 $0
2015 $998 $86,941 $0 $0
2014 $987 $82,928 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2025 11/25/25 Price Changed $2,150,000 -4.4% $950 / Sq Ft
07/24/2025 07/24/25 Price Changed $2,250,000 -8.2% $995 / Sq Ft
05/09/2025 05/09/25 Price Changed $2,450,000 -9.3% $1,083 / Sq Ft
03/20/2025 03/20/25 For Sale $2,700,000 +380.0% $1,194 / Sq Ft
04/08/2022 04/08/22 Sold $562,500 -6.1% -- View Prior Sale
03/11/2022 03/11/22 Price Changed $599,000 -11.8% --
02/26/2022 02/26/22 For Sale $679,000 -- --
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $562,500 Torrens Aileen
Warranty Deed $120,000 True Title Agency
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $40,000 --
Deed $3,400 --
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 614274

Florida Keys Board of REALTORS®

APN: 00534290-000000