GULFSTREAM SHORES (KL)
Homes for Sale in Key Largo, FL
True comps, carrying-cost math, and listings before the portals.
Gulfstream Shores sits in Key Largo, Monroe County — the gateway to the Florida Keys — and the median sale price of $616,000 reflects what that address costs, not square footage. At a median of roughly 1,464 interior square feet, buyers are paying for land, water proximity, and Keys access, not living space. The spread between the oldest and newest homes is wide, spanning construction from 1943 through 2024, so condition and renovation status drive individual prices as much as location does.
With a median of 36 days on market across the most recent closings window, the community is neither a frenzied seller's market nor a slow-moving one — it sits in measured territory where prepared buyers can move without panic but sellers should not expect immediate multiple-offer scenarios. Only about one in three homes carries a homestead exemption, which tells you this is predominantly a non-primary-residence market: investment properties, second homes, and vacation rentals make up the majority of the inventory.
The 60-Second Overview
GULFSTREAM SHORES (KL) market snapshot (as of July 27, 2026): the median sale price is about $616K, and a median 36 days on market for closed sales.
GULFSTREAM SHORES (KL) is a community of 387 homes in Key Largo, Monroe County, built between 1943 and 2024 (median 1978.0), with a median living area of about 1,464 square feet. 35% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Gulfstream Shores is a 387-home Keys community whose median construction year of 1978 means most of the stock predates modern building codes — an important due-diligence flag in a coastal flood zone — yet the range runs all the way to 2024, so newer, code-compliant options exist within the neighborhood itself.
Who GULFSTREAM SHORES (KL) is best for.
Best for
- A buyer with a clear vacation-use or short-term rental strategy who has underwritten the insurance and regulatory costs specific to Monroe County before making an offer.
- An investor or second-home buyer comfortable with a non-amenitized, self-directed community where the asset is the Keys location and any water access the specific lot provides.
- A buyer targeting a newer or substantially renovated home within the community's range, willing to pay above the median for the reduced risk that post-code construction or a full gut renovation represents.
Probably not for
- A buyer expecting traditional suburban amenities — a community pool, clubhouse, or managed common areas — as none have been identified in current MLS listings.
- A buyer whose budget tops out at or near the median with no reserve for wind and flood insurance premiums, inspection findings, or deferred maintenance common in pre-1980s coastal construction.
- A buyer seeking a primary full-time residence who requires generous living space at this price point — the median interior size reflects Keys norms, not mainland expectations.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 27 of each year, from record-level floridakeys closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($616K) IS the median in the snapshot above.
Windows contain 0 to 4 sales each (3 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.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Monroe County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Monroe County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
The GULFSTREAM SHORES (KL) buying strategy.
If we were buying in GULFSTREAM SHORES (KL) today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 GULFSTREAM SHORES (KL).
What the numbers actually mean here
The low homestead rate — roughly 35% of homes — is the defining market characteristic in Gulfstream Shores. It signals that most owners are absent much of the year, which shapes everything from how listings are maintained to how sellers negotiate. Buyers should expect a range of property conditions and should budget for inspections that go beyond the standard checklist: wind mitigation, flood elevation certificates, and roof age carry outsized financial consequences in Monroe County.
The median living area of under 1,500 square feet is typical for Keys construction of this era, where lot value and outdoor living space — dockage, decking, water access — often matter more than interior square footage. No community amenities have been identified in current MLS listings, so buyers should calibrate expectations accordingly: the draw here is the Keys setting itself, not a managed pool or clubhouse infrastructure.
The location and the amenities are priced into every listing in GULFSTREAM SHORES (KL). The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Monroe County transactions carry layers that mainland closings do not — flood zone classification, elevation certificates, wind insurance underwriting, and short-term rental regulatory compliance all require active coordination, not passive paperwork. Momentum Realty brings a Northeast Florida coastal perspective that translates directly: we know how to read an elevation certificate, we know what an insurer will flag, and we know when a seller's disclosed condition warrants a walk rather than a renegotiation. In a market where most owners are non-resident and conditions vary sharply by age and maintenance history, having an advisor who will name problems rather than paper over them is the practical advantage.
GULFSTREAM SHORES (KL) in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- 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.
Tools for a GULFSTREAM SHORES (KL) buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed GULFSTREAM SHORES (KL) sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in GULFSTREAM SHORES (KL), the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your GULFSTREAM SHORES (KL) home worth?
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Frequently Asked Questions
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When were the homes in GULFSTREAM SHORES (KL) built?
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Should you buy in GULFSTREAM SHORES (KL)?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | floridakeys closed sales, 12-month windows ending July 27, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (6 streets, ZIP 33037/33050)) |
| Historical depth | Closed-sale records back to 2003 (37 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 floridakeys 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.
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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 floridakeys member average and 8 days faster, and we’ll price yours against live your area comps.
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