Lake Surprise Properties
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
True comps, carrying-cost math, and listings before the portals.
Market Heat
Over the 12 months ending 2026-09-20, 11 recorded sales closed at a median of $1,175,000, a median 115 days on market, sellers accepting 90% of original asking (+47% versus the prior year). At the median price and Monroe County's FY2025-26 rate of 8.816 mills, annual property tax runs about $10,360 ($10,010 with the full homestead exemption).
| Location | Key Largo, Monroe County, FL · ZIP 33037 |
|---|---|
| Homes in the community | 342 (FL DOR 2025 assessment roll) |
| Years built | 1947–2024 (median 1988) |
| Typical living area | 1,258 sq ft (median) |
| Sale prices, last 12 months | $1,175,000 median across 11 closed sales · +46.9% vs the prior 12 months |
| Days on market (closed sales) | 115 median |
| Owner-occupied (homestead) share | 27% |
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, “LAKE SURPRISE PROPERTIES key facts,” movewithmomentum.com/neighborhoods/lake-surprise-properties, data as of September 20, 2026.
Lake Surprise Properties right now
🟢 Still climbing. The trailing-12-month median ($1.18M) is up 46.9% from the prior 12 months ($800K). With about a dozen 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: Medium (11 and 9 sales in the two windows).
What's unique here: the median sale price is about 3x the typical Monroe County sale ($1.18M vs $378K, trailing 12 months, Florida Keys MLS records).
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 LAKE SURPRISE PROPERTIES 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.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Lake Surprise Properties market snapshot (as of September 20, 2026): the median sale price is about $1.18M, and a median 115 days on market for closed sales. The trailing-12-month median is up 47% from the prior 12 months, computed from record-level Florida Keys MLS closed sales (11 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 16 qualified sales in LAKE SURPRISE PROPERTIES across 2024–2025 (10 in 2024, 6 in 2025), median $1.05M — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Lake Surprise Properties is a community of 342 homes in Key Largo, Monroe County, built between 1947 and 2024 (median 1988), with a median living area of about 1,258 square feet. 27% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Florida Keys MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.18M) IS the median in the snapshot above, and the move from 2025 ($800K) IS the +46.9% one-year change.
Windows contain 0 to 18 sales each (11 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.
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).
Housing distress & ownership in LAKE SURPRISE PROPERTIES, Key Largo
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. 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 Lake Surprise Properties buying strategy.
If we were buying in Lake Surprise Properties 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 Lake Surprise Properties.
A closer look at the Lake Surprise Properties market
Homes in Lake Surprise Properties trade around a median of $1.18M, where condition and lot do more to set the final number than the asking price does.
The trailing-12-month median up 47% year over year. Homes that do trade take a median 115 days on market, useful leverage on any listing that has lingered.
The housing stock is 342 homes built between 1947 and 2024, and 27% 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 Lake Surprise Properties. 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 Lake Surprise Properties 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 3 factors (5.3). Basis: Recent Direction +46.9% year-over-year; Owner Commitment 27% owner-occupied; Pricing Power 89.9% sale-to-list. Refreshed with each data update.
HOA, CDD & Fees
- 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.
Tools for a Lake Surprise Properties 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 Lake Surprise Properties sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lake Surprise Properties, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lake Surprise Properties home worth?
Get a no-obligation home value based on real comparable sales in Lake Surprise Properties, 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 →
Frequently Asked Questions
What is the median home price in Lake Surprise Properties?
How long do homes in Lake Surprise Properties take to sell?
How many homes are in Lake Surprise Properties?
What share of Lake Surprise Properties is owner-occupied?
When were the homes in Lake Surprise Properties built?
Who is the best real estate agent for Lake Surprise Properties?
How do I find a top Key Largo real estate agent who knows Lake Surprise Properties?
Can Momentum Realty connect me with an agent for Lake Surprise Properties?
Where is Lake Surprise Properties, and what county is it in?
Is Lake Surprise Properties a good place to live?
Data sources & freshness
| Community market stats | Florida Keys MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (10 streets, ZIP 33037)) |
| Under-contract shares | Florida Keys MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2009 (149 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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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how LAKE SURPRISE PROPERTIES fits the bigger picture — live prices, inventory, and Momentum Scores:
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