CROSS KEY WATERWAYS EST S

1516 Aqueduct Ln # 1, Key Largo FL 33037

4 beds · 3.5 baths · 2,432 ft²

For Sale · Active Listing

$6,500

13.33%

Est. Payment $35/mo

MLS Sheet Video

Bedrooms

3.5

Bathrooms

2,432

Sq. Ft.

2012

Year Built

Stories

112

Days on Market

Description

Discover coastal living at its finest! This exceptional 4-bed, 3.2-bath canal-front home right next to Adams cut offers over 2,400 sq ft of beautifully designed living space with stunning bay views from wrap-around balconies and a rooftop terrace. Thoughtfully appointed with an elevator, indoor and outdoor kitchens, laundry room, and spacious layouts, this residence is ideal for entertaining and everyday living. Boating enthusiasts will love the private dock with a 39' boat lift, davit, and fish cleaning station. Bay and ocean access. Enjoy peaceful sunsets, pet-friendly terms, and flexible lease options — annual, seasonal, or short-term. Minutes from world-class snorkeling, diving, fishing, parks, restaurants, and shopping. A rare opportunity for luxury Keys living!

Facts

MLS#: A11940079
Subdivision: CROSS KEY WATERWAYS EST S
Property Type: Residential Lease
Property Sub Type: Single Family Residence
Year Built: 2012
Lot Size: 4,000 ft²
Sq. Ft.: 2,432 ft²
Sq. Mt.: 226 m²
Price per sq. ft.: $3/ft²
Price per sq. mt.: $29/m²
Stories: 3
Garage: —
Pool: —
Days on Market: 112 days
Listed: Jan 12, 2026
Last Updated: May 4, 2026
Price/Lot Sq.Ft.: $2/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

SOLD

$6,500

4 bd · 4 ba · 2,811 sqft

184 Bahama Ave, Key Largo FL 33037

SOLD

$6,999

4 bd · 4 ba · 1,912 sqft

1027 Adams Dr, Key Largo FL 33037

SOLD

$7,000

4 bd · 3 ba · 1,500 sqft

Key Largo, FL 33037

SOLD

$7,000

4 bd · 3 ba · 3,000 sqft

197 Atlantic Blvd # 197, Key Largo FL 33037

SOLD

$5,999

4 bd · 4 ba · 1,912 sqft

1027 Adams, Key Largo FL 33037

$6,750

3 bd · 3 ba · 1,968 sqft

172 Valois Blvd # 0, Key Largo FL 33037

SOLD

$6,800

5 bd · 3 ba · 3,124 sqft

155 S Coco Plum Rd, Key Largo FL 33037

$6,500

3 bd · 2 ba · 2,208 sqft

2 Snipe Rd, Key Largo FL 33037

Market insights for Key Largo

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

Sellers market

May 2026

100/100

Buyers marketSellers market

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).

4/28/2026	Price change	$6,500-13.3%
1/12/2026	Listed for sale	$7,500

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1516 Aqueduct Ln # 1, Key Largo FL 33037Directions

GreatSchools Summary Ratings

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

Air Base K-8 Center for International Education
PK,KG,1,2,3,4,5,6,7,8 · public · 0.6 mi
South Prep Scholars Academy
KG,1,2,3,4,5 · charter · 0.7 mi
Play Learn Childcare Center Inc
PK,KG,1,2,3,4,5 · private · 0.8 mi
Somerset Academy At Silver Palms
KG,1,2,3,4,5,6,7,8 · charter · 0.9 mi
Somerset Academy Charter High School
9,10,11,12 · charter · 1.0 mi
Lovely Star Academy
PK,KG,1,2,3,4,5 · private · 1.0 mi
Aim High Learning Center Ii
PK,KG · private · 1.1 mi
Miami Macarthur South
1,2,3,4,5,6,7,8,9,10,11,12 · public · 1.1 mi
Abf Learning Center
PK,TK,KG,1,2 · private · 1.1 mi
Abf Learning Center Inc
PK,TK,KG,1 · private · 1.1 mi

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$21,667

gross income / month to qualify

Monthly rent$6,500

Required annual income$260,000

Security deposit (est.)$6,500

Move-in cost (1st + last + security)$19,500

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

Hablo Español

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.

Updated within 24 hours