GREAT VALUE in this 4 car garage, screened pool and CBS home in popular Gulfstream Shores. This remarkable ground-level home spans three lots in a coveted area of north Key Largo. The spacious residence features a layout designed for both comfort and entertainment. A split floorplan offers a primary suite on the West wing of the home and secondary bedrooms on the other side with the kitchen in the center as the heart of the home. The home is characterized by its solid concrete construction, offering durability and peace of mind. Conveniently attached is a 2 car garage, with an additional detached 4 car garage providing ample storage space for vehicles or vessels. For relaxation and recreation, a screened-in pool enhances the outdoor living experience with minimal upkeep.Located just a short stroll from the oceanfront homeowner's park, residents can enjoy access to a private boat ramp and exceptional boating opportunities. Gulfstream Shores is ideally situated, offering a tranquil lifestyle just a short drive from Miami and the prestigious Ocean Reef Club.Discover the perfect blend of coastal living and modern comfort.
Sold for $985,000
$985,000
5 Palm Dr, Key Largo, FL 33037
3beds
2,051sqft
Single Family Residence
Built in 1997
0.56 Acres Lot
$974,900 Zestimate®
$480/sqft
$5,160 Estimated rent
Home value
$974,900
$848,000 - $1.12M
$5,160/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 05:49am
Listed by:
Walters Luxury Group Gloria, Rachel and Michaela Walters 305-942-6834,
Ocean Sotheby's International Realty
Bought with:
Tara Graham, 3715071
The Keyes Company
Source: FLKMLS,MLS#: 612852
Originating MLS: Florida Keys
Originating MLS: Florida KeysFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: Washer, Stainless Steel Appliance(s), Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
Features
- Cathedral Ceiling(s), Built-in Cabinets, Whirlpool Bath Tub, Walk-In Closet(s), Entrance Foyer, Split Bedroom
- Flooring: Tile
- Doors: Sliding Glass Doors
- Windows: Single Hung Windows, Accordion, Panel
Interior area
- Total interior livable area: 2,051 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, RV Parking Open, Trailer Storage, Open, Detached, Attached
- Has garage: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No
Features
- Levels: Ground Level
- Patio & porch: Screened Patio
- Exterior features: Rain Gutters, Storage
- Has private pool: Yes
- Pool features: Heated, In Ground, Screen Enclosure, Decked, Concrete
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 0.56 Acres
- Features: 1/2 - Less Than 1 AC
Details
- Parcel number: 00564950000000
- Zoning: IS
- Zoning description: Improved Subivision District
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Concrete
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Water: Cistern
- Utilities for property: FKAA, Cable Available, Buyer to Verify, Cable Connected
Community & neighborhood
Security
- Security features: No Security
Community
- Community features: Community Boat Ramp
Location
- Region: Key Largo
- Subdivision: Gulfstream Shores (KL) (905.0)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $130 yearly
- Services included: Maintenance Grounds
Other
Other facts
- Listing terms: No Seller Finance,Conventional,Cash
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2025 | Sold | $985,000-10.5%$480/sqft |
Source:  FLKMLS #612852 Report a problem | ||
| 4/25/2025 | Pending sale | $1,099,999$536/sqft |
Source: FLKMLS #612852 Report a problem | ||
| 3/5/2025 | Contingent | $1,099,999$536/sqft |
Source: FLKMLS #612852 Report a problem | ||
| 12/27/2024 | Listed for sale | $1,099,999$536/sqft |
Source:  Key West AOR #612852 Report a problem | ||
| 9/6/2024 | Listing removed | $1,099,999$536/sqft |
Source: Key West AOR #610580 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,912 +5.2% | $580,189 +2.9% |
| 2024 | $4,671 +4.3% | $563,838 +3% |
| 2023 | $4,478 +6.5% | $547,416 +3% |
Find assessor info on the county website
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 3.3 mi
- 4/10Coral Shores High SchoolGrades: 9-12Distance: 17.8 mi
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Estimated market value
$974,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$974,900
- Florida
- Monroe County
- Key Largo
- 33037
- 5 Palm Dr