KEY LARGO BEACH
Homes for Sale in Key Largo, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Key Largo Beach sits in Monroe County with a median sale price just above $1 million — specifically $1,055,000 as of late July 2026. That number is doing real work here: the community's long-run appreciation since 2012 has been substantial, yet the year-over-year figure shows a sharp pullback of more than 35 percent. That kind of swing in a market this thin — only four closings in the measurement window — means a single outlier transaction can move the median materially. Buyers should treat the current median as directional, not definitive.
Median days on market stands at 57, and a market heat score of 27 confirms this is a buyer's market right now. Sellers are waiting. For a buyer with financing lined up and patience to underwrite carefully, that posture creates negotiating room that simply did not exist in prior cycles. For a seller, pricing discipline matters more than it has in years.
KEY LARGO BEACH right now
🔴 Off the recent peak. The trailing-12-month median ($1.06M) is down 35.1% from the prior 12 months ($1.63M) and up 331% since 2012. With about 6 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 floridakeys closed sales, 12-month windows ending July 27. Confidence: Low (4 and 4 sales in the two windows).
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Updated July 27, 2026 · Live data: floridakeys, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
KEY LARGO BEACH market snapshot (as of July 27, 2026): the median sale price is about $1.06M, and a median 57 days on market for closed sales. The trailing-12-month median is down 35% from the prior 12 months and up 331% since 2012, computed from record-level floridakeys closed sales (4 closings in the current window).
KEY LARGO BEACH is a community of 335 homes in Key Largo, Monroe County, built between 1948 and 2024 (median 1987), with a median living area of about 1,546 square feet. 35% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Key Largo Beach is a waterfront-oriented community of roughly 335 homes in the Upper Keys, with structures spanning from 1948 through 2024 and a median build year of 1987 — old enough to carry Keys character, recent enough that many homes have been substantially updated or rebuilt to modern wind and flood standards.
Who KEY LARGO BEACH is best for.
Best for
- A buyer targeting a Keys second home or waterfront retreat with a budget at or above the $1,055,000 median and the flexibility to negotiate in a slow-moving market.
- A cash buyer or well-qualified borrower who has already priced out coastal homeowners insurance and flood coverage and is not relying on favorable underwriting assumptions.
- A long-horizon buyer who values the Upper Keys location and is not dependent on near-term appreciation to justify the purchase.
Probably not for
- A buyer who needs a short resale window — with only a handful of closings in the recent period and a softening trend, timing a profitable exit within a few years carries real uncertainty.
- A buyer stretching to reach the median price point and counting on rental income to offset carrying costs without having verified actual rental performance on a specific property.
- A buyer who has not yet priced out wind, flood, and property insurance for Monroe County — the cost of ownership here can diverge substantially from what a headline price suggests.
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 ($1.06M) IS the median in the snapshot above, and the move from 2025 ($1.63M) IS the -35.1% one-year change.
Windows contain 2 to 13 sales each (4 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 KEY LARGO BEACH buying strategy.
If we were buying in KEY LARGO BEACH 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 KEY LARGO BEACH.
What the numbers actually mean here
The median living area of 1,546 square feet places most homes in a modest footprint relative to their price point. In the Keys, that gap between square footage and price reflects what you are really buying: water access, lot position, dock potential, and proximity to open water. Condition and those site-specific attributes drive value far more than interior square footage, and the wide spread from the oldest vintage homes to newly built construction means two homes listed close in price can require very different due-diligence approaches.
Just under 35 percent of homes carry a homestead exemption, which tells you that a meaningful share of the inventory is held as second homes or investment property. That has implications for both negotiation and for the community's transactional rhythm — non-homesteaded owners often have different holding motivations and different exit timelines than primary residents. It also means a buyer purchasing for personal use will want to verify what rental or insurance history looks like on any specific property.
The location and the amenities are priced into every listing in KEY LARGO BEACH. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in KEY LARGO BEACH buys, holds, and resells. Momentum Research; not an appraisal.
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 (4.3). Basis: Long-Term Appreciation +331% since 2012; Recent Direction -35.1% year-over-year; Owner Commitment 35% owner-occupied; Pricing Power 90.4% sale-to-list. Refreshed with each data update.
Why work with Momentum here
Monroe County real estate operates under a distinct regulatory environment — ROGO allocation rules, coastal construction setbacks, flood zone underwriting, and septic-to-sewer transition requirements all affect what you can do with a Keys property and what it will cost to own it. With only four closings in the recent measurement window, comparable sales are scarce, which makes broker judgment and underwriting skill more important than it would be in a high-volume suburban market. Momentum's role here is to keep you grounded: on pricing, on inspection scope, and on the insurance realities that have reshaped carrying costs throughout coastal Florida.
KEY LARGO BEACH 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 KEY LARGO BEACH 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 KEY LARGO BEACH sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in KEY LARGO BEACH, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your KEY LARGO BEACH home worth?
Get a no-obligation home value based on real comparable sales in KEY LARGO BEACH, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in KEY LARGO BEACH?
How long do homes in KEY LARGO BEACH take to sell?
How many homes are in KEY LARGO BEACH?
What share of KEY LARGO BEACH is owner-occupied?
When were the homes in KEY LARGO BEACH built?
Do cash buyers compete in KEY LARGO BEACH?
Have KEY LARGO BEACH home prices gone up?
Who is the best real estate agent for KEY LARGO BEACH?
How do I find a top Key Largo real estate agent who knows KEY LARGO BEACH?
Can Momentum Realty connect me with an agent for KEY LARGO BEACH?
Should you buy in KEY LARGO BEACH?
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)) |
| Historical depth | Closed-sale records back to 2006 (103 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.
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 floridakeys member average and 8 days faster, and we’ll price yours against live your area comps.
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More Key Largo & The Florida Keys & Monroe County guides
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