New construction

$2,350,000

117 La Paloma Rd, Key Largo, FL 33037

5beds

3,224sqft

$14,037/mo

Get pre-qualified

Single Family Residence

Built in 2016

6,969 Square Feet Lot

$2,293,400 Zestimate^®

$729/sqft

$-- HOA

What's special

Heated poolTwo barsExpansive sun deckPrivate tropical oasis

Welcome to 4 Palmas -- Your Ultimate Key Largo Retreat! Built in 2016, this custom 5BD/4.5BA waterfront home offers over 5,600 sq. ft. of total indoor-outdoor living! Designed for entertaining, the home features two primary suites (one on each level), 3 living rooms, two bars, an elevator, and 4 private balconies. Step outside to your private tropical oasis complete with a heated pool, expansive sun deck, and covered patio featuring a full outdoor kitchen. Boaters will love the 50 ft. dock on a wide canal with quick ocean and bay access, plus a floating dock for easy launching from you kayak, skiff or jet ski. Whether you're looking for a luxury residence, vacation escape, or premium rental property, 4 Palmas has it all!

21 days
847
37

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Bedroom 1

Area: 233.31 Square Feet
Dimensions: 18.8 x 12.41

Bedroom 2

Area: 192.34 Square Feet
Dimensions: 14.07 x 13.67

Bedroom 3

Area: 177.47 Square Feet
Dimensions: 14.22 x 12.48

Bedroom 4

Area: 126.9 Square Feet
Dimensions: 10.16 x 12.49

Heating

Has Heating (Unspecified Type)

Cooling

Central Air, Ceiling Fans(s)

Appliances

Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Freezer, Ice Maker, Stainless Steel Appliance(s)

Features

Smart Thermostat, Built-in Features, Elevator, Storage, Walk-in Closet(s), Bar, Tray Ceiling(s), Quartz Countertops, Media Room, Sun/Florida Room
Flooring: Tile
Furnished: Yes

Interior area

Total structure area: 3,224
Total interior livable area: 3,224 sqft

Property

Parking

Parking features: Storage

Accessibility

Accessibility features: Accessible Full Bath, Accessible Doors, Accessible Elevator Installed

Features

Levels: Multi/Split
Patio & porch: Deck
Exterior features: Bar, Built-in Barbecue, Rain Gutters, Lighting, Outdoor Kitchen, Outdoor Shower, Storage
Has private pool: Yes
Pool features: Above Ground, Fiberglass, Decked
Fencing: Fenced,Privacy
On waterfront: Yes

Lot

Size: 6,969 Square Feet

Details

Parcel number: 00547050000000
Zoning: IS - Improved Subivision District

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Combo Construction

Condition

New Construction,Updated/Remodeled
New construction: Yes
Year built: 2016

Utilities & green energy

Utilities for property: Water Separate Meter, Elect Separate Meter, Cable Available

Community & HOA

Community

Security: On Premises System, Other, Security System
Subdivision: Winston Waterway (102.0)

HOA

Has HOA: No
Services included: None

Location

Region: Key Largo

Financial & listing details

Price per square foot: $729/sqft
Tax assessed value: $1,339,202
Annual tax amount: $9,017
Date on market: 8/26/2026
Listing terms: Cash,Conventional

Estimated market value

$2,293,400

$2.18M - $2.41M

$7,034/mo

Price history

Date	Event	Price
8/26/2026	Listed for sale	$2,350,000-6%$729/sqft
Source: FLKMLS #621107 Report a problem
6/21/2026	Listing removed	$2,500,000$775/sqft
Source: MIAMI #A11813047 Report a problem
6/19/2026	Listed for sale	$2,500,000$775/sqft
Source: MIAMI #A11813047 Report a problem
5/21/2026	Listing removed	$2,500,000$775/sqft
Source: MIAMI #A11813047 Report a problem
5/20/2026	Listed for sale	$2,500,000$775/sqft
Source: MIAMI #A11813047 Report a problem
3/28/2026	Listing removed	$2,500,000$775/sqft
Source: MIAMI #A11813047 Report a problem
10/24/2025	Price change	$2,500,000-6.7%$775/sqft
Source: Key West AOR #614995 Report a problem
8/14/2025	Price change	$2,680,000-6%$831/sqft
Source: FLKMLS #614995 Report a problem
6/12/2025	Price change	$2,850,000-5%$884/sqft
Source: Key West AOR #614995 Report a problem
5/12/2025	Listed for sale	$3,000,000+1352.8%$931/sqft
Source: FLKMLS #614995 Report a problem
7/2/2014	Sold	$206,500-8.2%$64/sqft
Source: Public Record Report a problem
4/8/2005	Sold	$225,000$70/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,017 -10.2%	$1,057,410 -5.3%
2024	$10,036 +6.6%	$1,116,216 +10%
2023	$9,418 +11.6%	$1,014,742 +10%
2022	$8,440 +12.3%	$922,493 +10%
2021	$7,512 +3.2%	$838,630 +4.3%
2020	$7,280	$804,205 -3.2%
2019	$7,280 +1.6%	$830,635 +3.1%
2018	$7,164 +4.4%	$805,286 +3.8%
2017	$6,863 +6.6%	$775,713 +287.1%
2016	$6,439 +259.3%	$200,378 +48.7%
2015	$1,792	$134,737