Aerial view of Bahia Mar

Bahia Mar
Homes for Sale in Key Largo, FL

All 268 homes for sale in Key Largo, FL · median $829,950 · 213 homes for sale in 33037 · Monroe County homes for sale

Community in Key Largo · Monroe County · ZIP 33037
188 homesBuilt 1959–2023Median sale $670K
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Live Market Pulse
48/100
Market Heat
Normal for Bahia Mar
2013 → 2026 · 82 at the 2021 peak
0 is Bahia Mar's coldest market since 2013, 100 its hottest. Today: 48. How it's scored
Built fromLive Florida Keys MLS data19 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-09-20, 6 recorded sales closed at a median of $669,500, a median 66 days on market, sellers accepting 95% of original asking (-12% versus the prior year). At the median price and Monroe County's FY2025-26 rate of 8.816 mills, annual property tax runs about $5,900 ($5,550 with the full homestead exemption).

BAHIA MAR key facts
LocationKey Largo, Monroe County, FL · ZIP 33037
Homes in the community188 (FL DOR 2025 assessment roll)
Years built1959–2023 (median 1987.0)
Typical living area1,334 sq ft (median)
Sale prices, last 12 months$669,500 median across 6 closed sales · -11.9% vs the prior 12 months
Days on market (closed sales)66 median
For sale right now0 active, 0 pending
Owner-occupied (homestead) share43%

Data as of September 20, 2026. Listing data provided by Florida Keys MLS, Inc. Information is deemed reliable but is not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “BAHIA MAR key facts,” movewithmomentum.com/neighborhoods/bahia-mar, data as of September 20, 2026.

Live · Bahia Mar Housing Pulse Florida Keys MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$670K
Median sold · 12 mo
down 11.9% vs the prior 12 months
-11.9%
1-yr price change
n = 6 and 3 sales in the two windows
95.4%
Sale vs ask
Monroe median: 96.7%
+283%
T12M median vs 2012
from a $175K median in 2012
Tempo
67days
Median DOM · closed
10 days at the 2012 low
0 · 0
For sale · pending
live counts, refreshed twice daily
6
Sold · last 12 mo
10-yr average: about 5 a year
Ownership and context
43%
Owner-occupied · Bahia Mar
88 of 206 parcels homesteaded (FL DOR 2025)
57%
Non-owner-occupied · Bahia Mar
incl. 12% trust or LLC-held · 4% out-of-state
188
Homes in the community
plus 18 vacant residential lots · 206 residential parcels (FL DOR 2025)
Track record · 19 years of records
6
Recorded sales · 2024-2025
median $1.25M · qualified sales on the county roll (FL DOR 2025)
Est. 1959
Community established
homes built 1959-2023, median 1987 (FL DOR 2025)
3.2%/yr
Turnover rate
about 6 of 188 homes trade a year
Bahia Mar Housing Pulse · Momentum Research · as of September 20, 2026

Bahia Mar right now

🔴 Off the recent peak. The trailing-12-month median ($670K) is down 11.9% from the prior 12 months ($760K) and up 283% since 2012. With about 5 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Florida Keys MLS closed sales, 12-month windows ending September 20. Confidence: Low (6 and 3 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 21, 2026 · Live data: Florida Keys MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Nearby homes for sale

No active listings inside BAHIA MAR right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

811 La Paloma Road
$900K · 0.0 mi away
3 bd · 2 ba
811 La Paloma Road
Listed by The Listing Office LLC
750 Madrid Road
$769K · 0.1 mi away
2 bd · 2 ba
750 Madrid Road
Listed by RE/MAX All Keys Real Estate
1033 Valencia Road
$745K · 0.1 mi away
3 bd · 3 ba
1033 Valencia Road
Listed by Illustrated Properties, LLC
980 Oleander Road
$660K · 0.1 mi away
3 bd · 2 ba
980 Oleander Road
Listed by EquiEstate Corp.
875 La Paloma Road
$845K · 0.1 mi away
5 bd · 3 ba
875 La Paloma Road
Listed by LoKation Real Estate
360 Mahogany Drive
$759K · 0.2 mi away
3 bd · 2 ba
360 Mahogany Drive
Listed by Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Bahia Mar market snapshot (as of September 20, 2026): the median sale price is about $670K, and a median 67 days on market for closed sales. The trailing-12-month median is down 12% from the prior 12 months and up 283% since 2012, computed from record-level Florida Keys MLS closed sales (6 closings in the current window).

In ZIP 33037 (Key Largo), 276 homes closed in the last 12 months at a median of $972K, up 15.7% year over year, with a median 75 days on market. See the live ZIP 33037 housing market and the Monroe County market.

County records show 6 qualified sales in BAHIA MAR across 2024–2025 (3 in 2024, 3 in 2025), median $1.25M — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Bahia Mar is a community of 188 homes in Key Largo, Monroe County, built between 1959 and 2023 (median 1987.0), with a median living area of about 1,334 square feet. 43% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 1 to 11 sales each (6 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing data provided by Florida Keys MLS, Inc. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$400K$600K$800K20122014201620182020202220242026
Down 11.9% year over year; up 283% since 2012.
Median days on market · closed sales
010020122014201620182020202220242026
10 days at the 2012 low; 67 now.
Sale price vs original ask · median
80%90%100%20122014201620182020202220242026
95.4% now vs Monroe 96.7%.
Homes sold per 12-mo window
051020122014201620182020202220242026
1 to 11 a year; 6 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning20142016201820222026
82 at the 2021 peak, 20 in the troughs, 48 now. Same score as the hero card, full history.
How much local inventory is already under contract

17% of homes for sale in ZIP 33037 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-20).

Bahia Mar Market Scorecard

Balanced

Bahia Mar is currently a balanced market..

$669,500
Median sold
0/0/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Florida Keys MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

If we were buying in Bahia Mar today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Bahia Mar.

A closer look at the Bahia Mar market

Homes in Bahia Mar trade around a median of $670K, where condition and lot do more to set the final number than the asking price does.

The trailing-12-month median down 12% year over year. Homes that do trade take a median 67 days on market, useful leverage on any listing that has lingered.

The housing stock is 188 homes built between 1959 and 2023, and 43% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in Bahia Mar. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.1C+ · Buy Score
Long-Term Appreciation10.0/10
Recent Direction3.0/10
Owner Commitment4.3/10
Pricing Power6.9/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (6.1). Basis: Long-Term Appreciation +283% since 2012; Recent Direction -11.9% year-over-year; Owner Commitment 43% owner-occupied; Pricing Power 95.4% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Bahia Mar homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Bahia Mar.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Bahia Mar sales matched to your home.

What is your Bahia Mar home worth?

Get a no-obligation home value based on real comparable sales in Bahia Mar, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Key Largo →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Bahia Mar?
The median sale price in Bahia Mar was $670K over the 12 months ending September 20, 2026 (6 closed sales, Florida Keys MLS).
How long do homes in Bahia Mar take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 67 days on market (6 sales, Florida Keys MLS).
How many homes are in Bahia Mar?
The Florida DOR 2025 assessment roll shows 188 homes plus 18 vacant residential lots in Bahia Mar (public records).
What share of Bahia Mar is owner-occupied?
43% of Bahia Mar parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Bahia Mar built?
Homes in Bahia Mar were built between 1959 and 2023, with a median year built of 1987.0 (FL DOR 2025 roll).
Have Bahia Mar home prices gone up?
The trailing-12-month median is up 283% since 2012, from $175K to $670K (Florida Keys MLS closed records).
Who is the best real estate agent for Bahia Mar?
The best agent for Bahia Mar is one who actively works Key Largo and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Bahia Mar.
How do I find a top Key Largo real estate agent who knows Bahia Mar?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Bahia Mar and the wider Key Largo area.
Can Momentum Realty connect me with an agent for Bahia Mar?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Bahia Mar purchase or sale - no call center and no pressure.
Where is Bahia Mar, and what county is it in?
Bahia Mar is in Key Largo, Monroe County, FL, ZIP 33037. The community's center is about 204 miles southeast of the center of Key Largo (straight-line).
Is Bahia Mar a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Bahia Mar: the median sale price over the last 12 months was $670K (6 sales), 17% below the Key Largo median of $809K; homes took a median 66 days to go under contract; the assessment roll counts 188 homes, 43% of them homesteaded (owner-occupied). The full numbers, price history and the flood and school sections are above.

Data sources & freshness

Live listingsFlorida Keys MLS, refreshed twice daily (last: September 20, 2026)
Community market statsFlorida Keys MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (7 streets, ZIP 33037))
Under-contract sharesFlorida Keys MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2007 (85 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Florida Keys MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Florida Keys MLS member average and 8 days faster, and we’ll price yours against live local comps.

Looking to buy here? Search homes for sale →

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Nearby Communities

Explore more neighborhoods near Bahia Mar with Momentum Realty’s local guides.

Casa Seville0.1 mi away · 1 homesVenetian Shores0.6 mi away · median $2.61M, 14 sales/12 moNokomis1.0 mi away · median $435K, 5 sales/12 moBella Costa1.0 mi awayNokomis Gardens1.4 mi away · 11 homes, built 1959–20Venezia Park1.4 mi away · median $665K, 17 sales/12 moFairwinds Village1.4 mi away · median $324K, 6 sales/12 moBird Bay1.5 mi away · median $215K, 20 sales/12 mo

Browse all neighborhood guides →

Thinking of selling in BAHIA MAR? 6 recorded closings; median 66 days on market (window ending 2026-09-20). See the Monroe County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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