Lake Surprise

229 Upper Matecumbe RD, Key Largo FL 33037

5 beds · 3 baths · 3,184 ft²

Closed

$1,995,000

Est. Payment $10,618/mo

MLS Sheet Video

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.

Market insights for Key Largo

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100
Buyers marketSellers market

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).

5/24/2026Sold$1,995,000
12/1/2025Listed 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

229 Upper Matecumbe RD, Key Largo FL 33037Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$12,431/mo

Principal & Interest

$10,618

Property Tax

$1,663

Insurance

$150

HOA

$0

20% ($399,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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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.

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Updated within 24 hours

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