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New construction
    • Price cut: $505K (1/9)
    $3,995,000

    141 Grassy Rd, Key Largo, FL 33037

    5beds
    3,600sqft
    : 
    Single Family Residence
    Built in 2025
    6,969.6 Square Feet Lot
    $3,795,300 Zestimate®
    $1,110/sqft
    $-- HOA

    What's special

    Gated propertyLuxurious finishes throughoutCovered parkingNightly sunset viewsElevator to all floorsState-of-the-art kitchenWalk-in closets
    Stunning New Three-Story Bay View Residence. This Light-Filled 5-Bdrm, 4.5-Ba enjoys nightly sunset views. State-Of-The-Art Kitchen & Luxurious Finishes Throughout. 3 Generously sized ensuites, walk-In closets, and lavish bathrooms. Expansive Roof Top Terrace with wet bar and kitchen. Step into an open living area that effortlessly flows to the entertainment area and chef's kitchen. Enjoy indoor-outdoor living with multiple balconies, a waterfront roof top terrace complete with a built-in bar and summer kitchen, and direct access to a half bath. The home is designed for entertaining while capturing spectacular sunsets year-round.For those who cherish the outdoor allure of the Keys, the concrete dockage with deep water direct access beckons. Your personal gateway to the crystal-clear waters, embark on boating adventures, fishing expeditions, or diving explorations right from your doorstep. This home caters to the water enthusiast, offering a privileged lifestyle. A pool and elevator to all floors. In every aspect, this modern haven is a celebration. A harmonious fusion of luxury, nature, and waterfront living. This is more than a home; it's an invitation to savor life's most indulgent moments against the backdrop of stunning sunsets and the allure of the open water. Your waterfront paradise awaits - where every day feels like a vacation, and every sunset is a masterpiece. Welcome home to the epitome of coastal living in Key Largo. Gated property with covered parking. This home is a boater's dream and delivers both beauty and peace of mind. Offered turn-key and Available for Your Immediate Enjoyment! Seller Financing Available.
    89 days
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    864
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    22
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    Zillow last checked: 7 hours ago

    Listing updated: April 01, 2026 at 11:54am

    Listed by:

    Terry Canto,Top Producer 305-394-3037,

    American Caribbean Real Estate, Christie's International Real Estate

    Source: FLKMLS,MLS#: 618011MLS LogoOriginating MLS: Florida Keys

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Wine Cooler, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer, Tankless Water Heater
      • Laundry: Laundry Room
      Features
      • Quartz Countertops, Tray Ceiling(s), Walk-In Closet(s), Storage, Elevator, Built-in Cabinets, Pantry, Split Bedroom, Wet Bar, Utility Room, Sun/Florida Room
      • Flooring: Tile, Marble
      • Doors: French Doors, Impact Rstnce Doors
      • Windows: Drapes/Blinds Incl, Impact Rstnce Window
      Interior area
      • Total interior livable area: 3,600 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Guest, Covered
      Accessibility
      • Accessibility features: Accessible Elevator Installed
      Features
      • Levels: 3 Stories
      • Stories: 3
      • Patio & porch: Open Porch/Balcony, Deck, Patio, Roof Top Deck
      • Exterior features: Bar, Storage, Built-in Barbecue
      • Has private pool: Yes
      • Pool features: In Ground
      • Fencing: Fenced
      • Has view: Yes
      • View description: Bay/Gulf View, Canal
      • Has water view: Yes
      • Water view: Bay/Gulf View,Canal
      • Waterfront features: Canal Front, Waterfront, Dock: Concrete, Dock Length: 60, Dockage: Boat Lift
      Lot
      • Size: 6,969.6 Square Feet
      • Dimensions: 60 x 113
      • Features: Less Than 1/4 Acre
      Details
      • Additional structures: Workshop
      • Parcel number: 00533720000000
      • Zoning: URM
      • Zoning description: Urban Res Mobile Home District

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS, Concrete
      • Roof: Concrete
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2025

      Utilities & green energy

      • Sewer: Municipal Sewer, Public Sewer
      • Utilities for property: FKAA

      Community & HOA

      Community
      • Security: Smoke Detector(s), Other
      • Subdivision: Lake Surprise Properties (106.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Key Largo

      Financial & listing details

      • Price per square foot: $1,110/sqft
      • Tax assessed value: $294,664
      • Annual tax amount: $3,213
      • Date on market: 1/9/2026
      • Listing terms: Seller Finance Psble,Conventional,Cash
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        Estimated market value

        $3,795,300

        $3.61M - $3.99M

        $6,688/mo

        Price history

        Price history
        DateEventPrice
        1/9/2026Price change$3,995,000-11.2%$1,110/sqft
        Source: Key West AOR #618011 Report a problem
        9/20/2025Listed for sale$4,500,000+997.6%$1,250/sqft
        Source: FLKMLS #616564 Report a problem
        4/12/2018Sold$410,000+188.7%$114/sqft
        Source: Public Record Report a problem
        12/7/2000Sold$142,000+9.2%$39/sqft
        Source: Public Record Report a problem
        9/14/1999Sold$130,000$36/sqft
        Source: Public Record Report a problem
        7/22/1993Sold$130,000$36/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$3,214 +7.1%$294,664 +6.5%
        2024$3,002 -35%$276,581 -32.5%
        2023$4,618 +17.3%$409,681 +10%
        2022$3,937 +14%$372,437 +10%
        2021$3,455 -7%$338,579 -8%
        2020$3,716 $368,022 +6.8%
        2019$3,716 +5.2%$344,595 -13.2%
        2018$3,532 +1.3%$396,971 +37.1%
        2017$3,486 +16.7%$289,572 +1.5%
        2016$2,988 +1.6%$285,155 +31.4%
        2015$2,941 $216,947

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $22,652/mo
        Principal & interest
        $19922
        Property taxes
        $2730
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          Climate risks

          Neighborhood: 33037

          Getting around

          22 / 100
          Car-Dependent
          55 / 100
          Bikeable

          Nearby schools

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