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Sold for $2,200,000
  • $2,200,000

    254 Lower Matecumbe Rd, Key Largo, FL 33037

    5beds
    2,778sqft
    Single Family Residence
    Built in 2019
    6,098.4 Square Feet Lot
    $2,157,400 Zestimate®
    $792/sqft
    $7,081 Estimated rent

    Home value

    $2,157,400

    $2.05M - $2.27M

    $7,081/mo

    Zestimate® history
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    $7,081/mo

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    $13,413/mo

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    $13,413/mo

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    What's special

    Three private ensuitesBuilt-in elevator shaftModern constructionElectric blindsLaundry roomRemote thermostatsImpact windows and doors
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mykael A. Marinelli 305-439-7730,

    American Caribbean Real Estate, Christie's International Real Estate

    Bought with:

    outside mls - FKBR

    Outside Of MLS - FKBR

    Source: FLKMLS,MLS#: 617320MLS LogoOriginating MLS: Florida Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Ice Machine, Dryer
    • Laundry: Laundry Room
    Features
    • Quartz Countertops
    • Flooring: Tile
    • Doors: Sliding Glass Doors, Impact Rstnce Doors
    • Windows: Window Treatments
    Interior area
    • Total interior livable area: 2,778 sqft

    Property

    Parking
    • Parking features: Carport, Trailer Storage, RV Parking Open
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Multi/Split
    • Patio & porch: Lanai, Open Porch/Balcony
    • Has private pool: Yes
    • Pool features: Heated, In Ground
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Front, Waterfront, Dockage: Boat Lift
    Lot
    • Size: 6,098 sqft
    • Features: Less Than 1/4 Acre
    Details
    • Parcel number: 00534340000000
    • Zoning: SF
    • Zoning description: Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    Condition
    • Year built: 2019

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Buyer to Verify

    Community & neighborhood

    Security
    • Security features: On Premises System
    Location
    • Region: Key Largo
    • Subdivision: Lake Surprise Properties (106.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    6/9/2026Sold$2,200,000-4.3%$792/sqft
    Source: FLKMLS #617320 Report a problem
    6/8/2026Contingent$2,300,000$828/sqft
    Source: FLKMLS #617320 Report a problem
    4/20/2026Price change$2,300,000-4.2%$828/sqft
    Source: FLKMLS #617320 Report a problem
    2/6/2026Price change$2,400,000-4%$864/sqft
    Source: Key West AOR #617320 Report a problem
    11/14/2025Listed for sale$2,500,000+843.4%$900/sqft
    Source: FLKMLS #617320 Report a problem
    8/18/2003Sold$265,000+215.5%$95/sqft
    Source: Public Record Report a problem
    5/7/1999Sold$84,000$30/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,790 +7.8%$1,203,609 +10%
    2024$10,013 +11.6%$1,094,190 +10%
    2023$8,973 +11.3%$994,718 +10%
    2022$8,058 +13.9%$904,289 +15.2%
    2021$7,074 -0.9%$784,689 -0.3%
    2020$7,138 $786,866 +199.2%
    2019$7,138 +155.6%$262,987 +0.3%
    2018$2,793 +2.7%$262,280 +17.8%
    2017$2,718 +6%$222,718 -0.8%
    2016$2,565 -1%$224,550 +16.6%
    2015$2,592 $192,662

    Find assessor info on the county website

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,157,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,157,400