$2,450,000
NEW CONSTRUCTION $250K PRICE DROP

272 Lower Matecumbe Rd Key Largo, FL 33037

Estimated payment $13,960/month

Total Views 7,293
4 Beds
3 Baths
2,262 Sq Ft
$1,083 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

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<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
  • Control Depth: 4
  • Dockage Dock Length: 60
  • 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: NewHome
  • 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

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $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 Change Sq Ft Price
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% --
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 $120,000 True Title Agency
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

Similar Homes in Key Largo, FL

  • 1020 Adams Dr, Key Largo, FL 33037

    $1,950,000

    • 3 Beds
    • 3 Baths
    • 1,890 Sq Ft
    • 1020 Adams Dr
    • Key Largo, FL

    Beautifully renovated waterfront pool home in Key Largo offering direct bay and ocean access. This 3-bed, 3-bath residence also includes a extra 4th living area in the finished lower level, along with additional air-conditioned storage--perfect for safely storing fishing gear and equipment. Enjoy 75 ft of concrete dockage with a 20K-pound boat lift. Inside, the home features a bright

    Derek Varona Sea Grove Realty

    Section Image
  • 1514 Shaw Dr, Key Largo, FL 33037

    $2,100,000

    • 2 Beds
    • 2 Baths
    • 1,244 Sq Ft
    • 1514 Shaw Dr
    • Key Largo, FL

    Welcome to Paradise! this home sits on almost 3/4 of an acre along a direct access canal with 100 ft of waterfront, a turning basin and neighborhood only boat ramp with no HOA! Want to park your RV and Boat under your home, done! Want to build your own luxury oasis, here you go. Want to just enjoy easy access to open water and majestic Sunsets from your private observation deck, got that covered!

    Andrew Burr The Keyes Company

    Section Image
  • 392 Laguna Ave, Key Largo, FL 33037

    $2,325,000

    • 5 Beds
    • 3 Baths
    • 2,044 Sq Ft
    • 392 Laguna Ave
    • Key Largo, FL

    Premier Waterfront Home with Deep Water Access. Turn-Key and ready to move in. Welcome to your Key Largo slice of paradise--this 5-bed, 3-bath waterfront gem in Port Largo is calling your name. With 75 feet of solid concrete dockage on a deep, wide canal, you've got direct access to the open ocean--no bridges, no delays, just full steam ahead to fishing, diving and reef-plundering!Whether you're

    Terry Canto American Caribbean Real Estate, Christie's International Real Estate

    Section Image
  • 229 Upper Matecumbe Rd, Key Largo, FL 33037

    $1,995,000

    • 5 Beds
    • 3 Baths
    • 3,184 Sq Ft
    • 229 Upper Matecumbe Rd
    • Key Largo, FL

    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

    Sally Stribling Coldwell Banker Schmitt Key Largo

    Section Image
  • 455 Big Pine Rd, Key Largo, FL 33037

    $2,775,000

    • 3 Beds
    • 2 Baths
    • 2,025 Sq Ft
    • 455 Big Pine Rd
    • Key Largo, FL

    Discover this impeccable modern concrete home, perfectly situated in the heart of Key Largo. Featuring a standing seam metal roof, this beautifully crafted residence boasts 3 bedrooms and 2 bathrooms with an open and airy floor plan, designed for seamless indoor-outdoor living.The home's interior is flooded with natural light through impact windows and sliding glass doors. An interior staircase

    Lisa Frins Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    Section Image
  • 2 Sexton Cove Rd, Key Largo, FL 33037

    $1,989,000

    • 3 Beds
    • 3 Baths
    • 1,378 Sq Ft
    • 2 Sexton Cove Rd
    • Key Largo, FL

    This stylist distinctive remodeled as of 1/24, 2nd floor 3-bedrooms, 3-baths, home features new kitchen, stainless steel appliances, and meal-prep island Quartz countertops. This elegant house offers breathtaking bay view sunsets from roof top, where you can relax and enjoy yourself. Stunning outdoor pool, BBQ, outside shower, 15 thousand pound boat lift. And as a bonus downstairs bedroom

    Enrique guillama Casabella Miami Realty

    Section Image
  • 23 S Exuma Rd, Key Largo, FL 33037

    $2,695,000

    • 5 Beds
    • 5 Baths
    • 3,550 Sq Ft
    • 23 S Exuma Rd
    • Key Largo, FL

    Waterfront home with deep canal and direct Atlantic Ocean access that features a new metal roof, 2 new A/C's, new paint, water heaters, etc. This home can be used as a 2 bed/ 2 bath downstairs and a 3 bed / 3 bath upstairs with separate entrances to both living areas or as a 5 bed / 5 bath combined home. The property can be used as a split rental and has a 5 star rating through VRBO with over 25

    Steven Koleno Beycome of Florida, LLC

    Section Image
  • 24 Center Ln, Key Largo, FL 33037

    $2,199,000

    • 3 Beds
    • 3 Baths
    • 2,194 Sq Ft
    • 24 Center Ln
    • Key Largo, FL

    Fully Furnished and updated. Just bring your boat! This spacious 3 bedroom 2.5 bath house features large common areas and an additional den. The relaxed themes of this house will make you feel like you have entered a peaceful paradise. Seller financing available.

    Jay Rahman Pro Close Realty

    Section Image
  • 28 Center Ln, Key Largo, FL 33037

    $2,243,160

    • 3 Beds
    • 3 Baths
    • 2,625 Sq Ft
    • 28 Center Ln
    • Key Largo, FL

    Fall in love with this amazing house that was completely renovated in 2016 with impact windows and doors. Floors throughout premium waterproof plank. Open concept kitchen with island, granite counter tops and SS appliances.4 bedrooms and 4 baths. (2 masters) This house has plenty, an attic that could be your kids play room. Swim all year round in huge pool with spa and heated Salt Water Pool

    Patricia Castillo Century 21 World Connection

    Section Image

Source: Florida Keys Board of REALTORS®

MLS Number: 614274

Florida Keys Board of REALTORS®

APN: 00534290-000000