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128 La Paloma Rd, Key Largo FL 33037

House For Sale
$2,500,000

BTC: 39.06250000

ETH: 1,431.84421535

7 days
Waterfront
3 bds
2 ba
1,100 sqft

Overview

Welcome to your luxurious waterfront tropical paradise in the heart of Key Largo. This stunning fully renovated waterfront estate offers the perfect blend of modern luxury, coastal elegance, and resort-style living. 5 spacious bedrooms | 3 beautifully designed bathrooms. Oceanfront with private dock/boat lift and open ocean views— ideal for yachts, fishing boat, and waterfront living. Resort-style pool and expansive outdoor entertaining areas. Fully renovated with luxurious modern coastal finishes. Soaring vaulted wood-beam ceilings and bright open-concept design. Designer chef’s kitchen with oversized island, quartz countertop, and profesional grade luxurious appliances. Spacious indoor and outdoor living areas perfect for entertaining Vacation-rental friendly with exceptional income potential Move-in ready in one of Key Largo’s most desirable luxury locations Enjoy the ultimate Florida Keys lifestyle with private boating access right from your backyard or go kayaking thru John Pennekamp state park’s expansive pristine mangrove tunnels and enjoy the florida keys spectacular eco-system and wildlife from the privacy of your own home. Spend your days on the water, relaxing poolside, or entertaining while enjoying breathtaking sunrises and tropical views. Whether you are searching for a luxury primary residence, vacation getaway, or investment property, this exceptional Key Largo waterfront home delivers the perfect combination of elegance, comfort, and island living.

Location

Details

Type:
Residential
Parking:
Other
Year Built:
1982
Lot:
8800 Square Feet
Heating:
Electric
Price/sqft:
$2,273
Cooling:
Ceiling Fan(s) / Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,950,000
$1.1M – $2.5M
Confidence Low
List vs. estimate
$550K above estimate
List $2,500,000 · +28.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$2,272
+200.9% vs. city median $755
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,506
2025
Pool
Heated
View
Ocean
Waterfront
Ocean Access
All facts and features
  • Heating

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dryer

    • Electric Water Heater

    • Microwave

    • Other Equipment/Appliances

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Volume Ceilings

    • Family Room

    • Garage Converted

    • Storage

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Other

    Lot

    • Lot: 8800 Square Feet

    Other Property Information

    • Parcel Number: 00547180-000000

    • Zoning: is

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $10,506

  • Source details

    • MLS ID: A12023515

    Other facts

    • Construction Materials: Frame / Frame With Stucco

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Patio / Screened Porch

    • Pool Features: Heated

    • Direction Faces: Northwest

    • Architectural Style: Attached / Two Story

    • Waterfront: Yes

    • Living Area: 1100

    • Water Source: Municipal Water

    • Subdivision Name: WINSTON WATERWAYS NO 2

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Doral Realty Corp