WINSTON WATERWAYS NO 2
128 La Paloma Rd, Key Largo FL 33037
3 beds · 2 baths · 1,100 ft²
$2,500,000
Est. Payment $13,306/mo
3
Bedrooms
2
Bathrooms
1,100
Sq. Ft.
1982
Year Built
15
Days on Market
Description
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.
Facts
- MLS#
- A12023515
- Subdivision
- WINSTON WATERWAYS NO 2
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1982
- Lot Size
- 8,800 ft²
- Sq. Ft.
- 1,100 ft²
- Sq. Mt.
- 102 m²
- Price per sq. ft.
- $2,273/ft²
- Price per sq. mt.
- $24,510/m²
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 15 days
- Listed
- May 22, 2026
- Last Updated
- May 30, 2026
- Price/Lot Sq.Ft.
- $284/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$2,390,000
3 bd · 2 ba · 2,237 sqft
966 Shaw Dr, Key Largo FL 33037
SOLD$2,700,000
3 bd · 3 ba · 2,034 sqft
296 Buttonwood Shores Drive, Key Largo FL 33037
SOLD$2,299,000
3 bd · 4 ba · 2,968 sqft
9 North Dr, Key Largo FL 33037
SOLD$2,399,000
3 bd · 3 ba · 1,302 sqft
632 Island Dr, Key Largo FL 33037

$2,750,000
3 bd · 2 ba · 1,711 sqft
41 Mutiny Pl, Key Largo FL 33037
SOLD$2,375,000
3 bd · 3 ba · 1,880 sqft
22 North Dr, Key Largo FL 33037
SOLD$2,200,000
3 bd · 2 ba · 1,646 sqft
22 Bass Ave, Key Largo FL 33037
SOLD$2,195,000
3 bd · 2 ba · 1,987 sqft
982 Shaw Dr, 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
June 2026
28
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).
| 5/22/2026 | Listed for sale | $2,500,000 |
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.
North Andrews Gardens Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.3 mi
Tradition Preparatory High School9,10,11,12 · charter · 0.4 mi
Lakewood Ranch Preparatory AcademyKG,1,2,3,4,5,6,7,8,9,10,11,12 · charter · 0.4 mi
James S. Rickards Middle School6,7,8 · public · 0.4 mi
Northeast High School9,10,11,12 · public · 0.6 mi
Children's Choice Day CarePK,KG · private · 0.9 mi
Fuvis Learning Center12 · private · 0.9 mi
Gulfstream Montessori SchoolPK,KG,1,2,3,4 · private · 1.0 mi
Pine Crest SchoolPK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.0 mi
Floranada Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.0 mi
Estimated Monthly Payment
$15,539/mo
Principal & Interest
$13,306
Property Tax
$2,083
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
Similar listings nearby
More homes in Key Largo around $2,500,000.

397 Laguna Avenue, Key Largo FL 33037

48 S Andros Rd, Key Largo FL 33037

16 North Dr, Key Largo FL 33037

201 Wildwood Cir, Key Largo FL 33037

1218 Mockingbird Rd, Key Largo FL 33037

410 Bowie Ln, Key Largo FL 33037
