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$2,500,000
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Property 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 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 luxury retreat in one of Key Largo's most desirable 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.
Full Property Details
Full Property Details for 128 La Paloma Rd
General
- Price: $2,500,000
- Taxes: $10,506 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A12023515
- Updated: 5/28/2026
- Added to Site: 7 day(s) ago
Interior
- Interior Features: Volume Ceilings, Family Room, Garage Converted, Storage
- Appliances: Dryer, Electric Water Heater, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: At Least 1 Bedroom Ground Level
Other Rooms
- Living Room: Family Room, Garage Conver Sq. Ft.
Additional Information
- Pool: Yes
- Pool Description: Heated
- Security/Safety: Fire Alarm
Exterior
- Deck/Patio: Patio, Screened Porch
Parking
- Parking Features: Other
Location
- Area: Winston Waterways No 2
- County: Monroe County
- Subdivision: WINSTON WATERWAYS NO 2
- Building Name: WINSTON WATERWAYS NO 2
- Direction Faces: Northwest
Community
- Community Name: Winston Waterways No 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached, Two Story
- Structure Type: House
- Detached/Attached: Detached
- Construction: Frame, Frame With Stucco
- Roof: Curved/S-Tile Roof
- Building Size: 3212
- Square Feet: 1,100
- Living Area: 1,100 Sq. Ft.
- Year Built: 1982
Lot Features
- Property View: Ocean
- Lot Size (Sq. Ft.): 8,800
- Frontage Feet: 80
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: is
Water Features
- Water Front: Yes
- Water Front Desc.: Ocean Access
Financial Considerations
- Price Per Sq. Ft.: $2,272.73
- Tax Amount: $10,506
- Tax Year: 2025
- Terms: All Cash, Conventional, Owner Will Carry
Disclosures and Reports
- Legal Description: BK 6 LOT 46 WINSTON WATERWAYS #2 KEY LARGO PB5-29 OR297-77 OR725-785/86 OR818-483 OR818-485 OR818-487 OR818-489 OR821-1964C OR859-1691/92 OR
- Restrictions: No Restrictions
- Inclusions: Dock Available
- Property ID: 00547180-000000
Listed by Doral Realty Corp
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Schools
Schools serving 128 La Paloma Rd
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Key Largo School 104801 Overseas Highway, Key Largo, FL 33037 | PK-8 | 3 mi |
Coral Shores High School 89901 Old Highway, Tavernier, FL 33070 | 9-12 | 11.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 128 La Paloma Rd
Date
Details
Price
Change
Source
5/22/2026
Listed
$2,500,000
93.05%
MLS
12/13/2022
Sold
$1,295,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 128 La Paloma Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,481
—
$1,201,178
9%
2024
$9,481
—
$1,098,495
—
2023
$9,456
115%
$1,098,465
122%
2021
$4,400
-50%
$495,448
-54%
2022
$8,887
102%
$1,065,597
118%
2021
$4,400
3%
$488,608
2%
2019
$4,291
—
$477,623
2%
2018
$4,292
2%
$468,718
2%
2017
$4,204
-1%
$459,078
2%
2016
$4,259
-1%
$449,636
1%
2015
$4,312
-2%
$446,510
1%
2014
$4,398
-1%
$442,966
1%
2013
$4,439
—
$436,420
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 128 La Paloma Rd
128 La Paloma Rd, Key Largo, FL 33037 (MLS# A12023515) is a Single Family property with 3 bedrooms and 2 full bathrooms. 128 La Paloma Rd is currently listed for $2,500,000 and was received on May 22, 2026. Want to learn more about 128 La Paloma Rd? Do you have questions about finding other Single Family real estate for sale in Key Largo? You can browse all Key Largo real estate or contact a Coldwell Banker agent to request more information.

