Lake Surprise
229 Upper Matecumbe RD, Key Largo FL 33037
5 beds · 3 baths · 3,184 ft²
$1,995,000
Est. Payment $10,618/mo
5
Bedrooms
3
Bathrooms
3,184
Sq. Ft.
2024
Year Built
50
Days on Market
Description
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 water. A modern, resort-style pool at the water's edge provides the perfect retreat after a day on the ocean, while the brand-new concrete dock offers a secure haven for your boat, with deep water access to both the ocean and bay. Inside, this stunning home boasts impact windows and doors, elegant tiled floors throughout, and a chef's kitchen with a waterfall-edge sit-up island, premium appliances, and abundant natural light. A luxury elevator adds convenience, while the spacious covered understory—complete with a workshop and storage area—is perfect for housing all your fishing and boating gear. Located just one hour from Miami International Airport, this tropical paradise offers the perfect blend of exclusivity and accessibility.
Facts
- MLS#
- A11923653
- Subdivision
- Lake Surprise
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 2024
- Lot Size
- 6,000 ft²
- Sq. Ft.
- 3,184 ft²
- Sq. Mt.
- 296 m²
- Price per sq. ft.
- $627/ft²
- Price per sq. mt.
- $6,740/m²
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 50 days
- Listed
- Dec 1, 2025
- Last Updated
- May 24, 2026
- Price/Lot Sq.Ft.
- $333/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$2,149,999
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5 bd · 4 ba · 3,112 sqft
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4 bd · 3 ba · 3,023 sqft
1218 Mockingbird Rd, Key Largo FL 33037
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4 bd · 3 ba · —
272 Lower Matecumbe Rd, Key Largo FL 33037
SOLD$1,799,000
4 bd · 3 ba · 2,081 sqft
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SOLD$2,099,000
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Market insights for Key Largo
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
June 2026
35
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 5/24/2026 | Sold | $1,995,000 |
| 12/1/2025 | Listed for sale | $1,995,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Pembroke Lakes Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.5 mi
First Baptist AcademyPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.7 mi
Victory Christian SchoolKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.8 mi
Renaissance Charter Schools at PinesKG,1,2,3,4,5,6,7,8 · charter · 0.8 mi
Renaissance Charter Middle School At PinesKG,1,2,3,4,5,6,7,8 · charter · 0.8 mi
Pines Lakes Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.9 mi
Embassy Creek Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.0 mi
Palm Cove Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.2 mi
Montessori Ivy League SchoolPK,KG · private · 1.3 mi
Atlantic Montessori Charter SchoolKG,1,2,3 · charter · 1.4 mi
Estimated Monthly Payment
$12,431/mo
Principal & Interest
$10,618
Property Tax
$1,663
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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