LARGO SOUND VILL
Homes for Sale in Key Largo, FL

Community in Key Largo · Monroe County · ZIP 33037
526 homesBuilt 1951–2024Median sale $708K
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True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
38/100
Market Heat
Cooler than normal
2013 → 2026 · 79 at the 2022 peak
0 is LARGO SOUND VILL's coldest market since 2013, 100 its hottest. Today: 38. How it's scored
Built fromLive floridakeys data20 years of closingsFL DOR public recordsUpdated twice daily
Live · LARGO SOUND VILL Housing Pulse floridakeys + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$708K
Median sold · 12 mo
down 11.6% vs the prior 12 months
-11.6%
1-yr price change
n = 6 and 13 sales in the two windows
95.5%
Sale vs ask
Monroe median: 91.8%
+125%
T12M median vs 2012
from a $315K median in 2012
Tempo
75days
Median DOM · closed
16 days at the 2021 low
6
Sold · last 12 mo
10-yr average: about 10 a year
Ownership and context
41%
Owner-occupied · LARGO SOUND VILL
230 of 558 parcels homesteaded (FL DOR 2025)
59%
Non-owner-occupied · LARGO SOUND VILL
incl. 16% trust or LLC-held · 9% out-of-state
0%
Cash buyers · LARGO SOUND VILL
0 of 6 sales, 12 mo ending July 2026
526
Homes in the community
plus 32 vacant residential lots · 558 residential parcels (FL DOR 2025)
Track record · 20 years of records
Est. 1951
Community established
homes built 1951-2024, median 1980 (FL DOR 2025)
1.1%/yr
Turnover rate
about 6 of 526 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Largo Sound Village sits in Key Largo, Monroe County — the northern gateway to the Florida Keys — where the combination of water access, coastal construction costs, and limited land supply shapes every transaction. The community's median price stands at $707,500, a figure that reflects the premium buyers pay for Keys proximity rather than square footage: the median living area is just under 1,300 square feet, which means price-per-foot runs steep by any mainland Florida comparison.

The market posture right now is clearly buyer-leaning. The median days on market has stretched to 75 days, and the year-over-year price shift is down 11.6% — a meaningful correction that tells sellers the peak-cycle pricing of recent years is not being accepted. Less than half the homes carry a homestead exemption, signaling a substantial non-primary-residence component to ownership, which tends to make inventory more elastic when carrying costs rise.

LARGO SOUND VILL Housing Pulse · Momentum Research · as of July 27, 2026

LARGO SOUND VILL right now

🔴 Off the recent peak. The trailing-12-month median ($708K) is down 11.6% from the prior 12 months ($800K) and up 125% since 2012. 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 floridakeys closed sales, 12-month windows ending July 27. Confidence: Medium (6 and 13 sales in the two windows).

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

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

LARGO SOUND VILL market snapshot (as of July 27, 2026): the median sale price is about $708K, and a median 75 days on market for closed sales. The trailing-12-month median is down 12% from the prior 12 months and up 125% since 2012, computed from record-level floridakeys closed sales (6 closings in the current window).

LARGO SOUND VILL is a community of 526 homes in Key Largo, Monroe County, built between 1951 and 2024 (median 1980.0), with a median living area of about 1,272 square feet. 41% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Largo Sound Village spans 526 homes built across seven decades — from the early 1950s through 2024 — with a median build year of 1980, meaning the stock ranges from vintage Keys cottages that carry renovation needs to substantially newer construction, and condition-driven price spread is wide as a result.

Best for

  • Buyers with a long ownership horizon seeking Keys proximity and who can absorb a median price near $707,500 while carrying the insurance and maintenance realities of coastal Monroe County stock.
  • Second-home or retreat buyers who plan to hold through market cycles and are not dependent on near-term resale value — the 125% long-run gain shows the demand foundation, but patience is required.
  • Buyers prepared to negotiate in a cool market with 75-day median days on market — if you have done your homework on condition and carrying costs, the current environment favors disciplined offers.

Probably not for

  • Buyers who need the property to cash-flow immediately without a detailed Keys-market rental analysis — MLS data identifies no community amenities, and rental assumptions should be stress-tested independently.
  • Anyone with a short intended hold period or who needs to sell on a predictable timeline — a market heat score of 38 and a year-over-year price decline of 11.6% make quick exits uncertain.
  • Buyers whose budget is stretched to reach the median price — in a market where condition varies widely across seven decades of construction, renovation costs or insurance surprises can break a thin margin.

Windows contain 3 to 22 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 11.6% year over year; up 125% since 2012.
Median days on market · closed sales
05010015020122014201620182020202220242026
16 days at the 2021 low; 75 now.
Sale price vs original ask · median
85%90%95%20122014201620182020202220242026
95.5% now vs Monroe 91.8%.
Homes sold per 12-mo window
0102020122014201620182020202220242026
3 to 22 a year; 6 in the current window.
Indexed since 2012 · LARGO SOUND VILL vs Monroe
100200300Monroe +191%LARGO SOUND VILL +125%20122014201620182020202220242026
Same floridakeys record, indexed to 100 at 2012.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620182020202220242026
79 at the 2022 peak, 21 in the troughs, 38 now. Same score as the hero card, full history.

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.

$5,590/mo
Monroe County typical true cost to own
$365/mo
Monroe County typical home insurance
Check CDD
Confirm before you offer

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.

If we were buying in LARGO SOUND VILL 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 LARGO SOUND VILL.

Best Buy
Buyers who want Keys access at a moment when negotiating leverage has visibly shifted in their direction.
Biggest Risk
Carrying costs — insurance, flood coverage, and maintenance on older Keys stock — can be substantial and must be modeled before any offer.
Sweet Spot
A buyer willing to absorb a median price of $707,500 for a modest footprint in exchange for Keys proximity, who has time and flexibility to negotiate in a cool market.
Avoid If
You need a quick resale timeline or are underwriting appreciation rather than long-term use — 75-day DOM and an active price decline make short holds speculative.

What the numbers actually mean here

The long-run appreciation story is real: values are up 125% since 2012 on a cumulative basis. That is the backdrop. But the near-term story is different — an 11.6% year-over-year decline with homes sitting on market for two and a half months on average is the market signaling that buyers have options and are using them. A market heat score of 38 places this squarely in cool territory, which is a materially different negotiating environment than what prevailed at the cycle peak.

Because MLS listings currently identify no community-level amenities, buyers should underwrite the lifestyle value through the broader Keys environment — water access, natural areas, and the character of Key Largo itself — rather than expecting a curated amenity package within the community. The relatively compact median living footprint also means buyers prioritizing interior square footage over location premium may find the value calculation challenging at the current median price.

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

Jon Brooks · Founder, Momentum Realty
5.6C · Buy Score
Long-Term Appreciation8.0/10
Recent Direction3.1/10
Owner Commitment4.1/10
Pricing Power7.0/10

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 (5.6). Basis: Long-Term Appreciation +125% since 2012; Recent Direction -11.6% year-over-year; Owner Commitment 41% owner-occupied; Pricing Power 95.5% sale-to-list. Refreshed with each data update.

Why work with Momentum here

Monroe County real estate operates under a distinct regulatory and insurance environment that differs substantially from the Northeast Florida markets we cover day-to-day — flood zones, ROGO allocation rules, and Keys-specific insurance markets require a brokerage that will tell you what it does not know and connect you with counsel that does. Momentum's discipline is pricing honesty: in a market showing a double-digit year-over-year decline and a 75-day median DOM, the offer strategy and listing price conversation matter enormously, and we will not paper over those realities to close a deal faster.

LARGO SOUND VILL in 15 seconds.

Best forBuyers who want Keys access at a moment when negotiating leverage has visibly shifted in their direction.
Biggest advantageA 125% cumulative gain since 2012 shows the long-run demand thesis, even as near-term pricing has corrected.
Biggest riskCarrying costs — insurance, flood coverage, and maintenance on older Keys stock — can be substantial and must be modeled before any offer.
Sweet spotA buyer willing to absorb a median price of $707,500 for a modest footprint in exchange for Keys proximity, who has time and flexibility to negotiate in a cool market.
Avoid ifYou need a quick resale timeline or are underwriting appreciation rather than long-term use — 75-day DOM and an active price decline make short holds speculative.

HOA, CDD & Fees

In short
  • 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.

The takeaway

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

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Frequently Asked Questions

What is the median home price in LARGO SOUND VILL?
The median sale price in LARGO SOUND VILL was $708K over the 12 months ending July 27, 2026 (6 closed sales, floridakeys).
How long do homes in LARGO SOUND VILL take to sell?
Homes that closed in the 12 months ending July 27, 2026 took a median 75 days on market (6 sales, floridakeys).
How many homes are in LARGO SOUND VILL?
The Florida DOR 2025 assessment roll shows 526 homes plus 32 vacant residential lots in LARGO SOUND VILL (public records).
What share of LARGO SOUND VILL is owner-occupied?
41% of LARGO SOUND VILL parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in LARGO SOUND VILL built?
Homes in LARGO SOUND VILL were built between 1951 and 2024, with a median year built of 1980.0 (FL DOR 2025 roll).
Do cash buyers compete in LARGO SOUND VILL?
Cash buyers took 0% of LARGO SOUND VILL sales in the 12 months ending July 2026 (0 of 6 closings, floridakeys).
Have LARGO SOUND VILL home prices gone up?
The trailing-12-month median is up 125% since 2012, from $315K to $708K (floridakeys closed records).
Who is the best real estate agent for LARGO SOUND VILL?
The best agent for LARGO SOUND VILL 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 LARGO SOUND VILL.
How do I find a top Key Largo real estate agent who knows LARGO SOUND VILL?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows LARGO SOUND VILL and the wider Key Largo area.
Can Momentum Realty connect me with an agent for LARGO SOUND VILL?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your LARGO SOUND VILL purchase or sale - no call center and no pressure.
Buyers with a long ownership horizon seeking Keys proximity and who can absorb a median price near $707,500 while carrying the insurance and maintenance realities of coastal Monroe County stock.Excellent fit
Second-home or retreat buyers who plan to hold through market cycles and are not dependent on near-term resale value — the 125% long-run gain shows the demand foundation, but patience is required.Excellent fit
Buyers prepared to negotiate in a cool market with 75-day median days on market — if you have done your homework on condition and carrying costs, the current environment favors disciplined offers.Excellent fit
Buyers who need the property to cash-flow immediately without a detailed Keys-market rental analysis — MLS data identifies no community amenities, and rental assumptions should be stress-tested independently.Probably not
Anyone with a short intended hold period or who needs to sell on a predictable timeline — a market heat score of 38 and a year-over-year price decline of 11.6% make quick exits uncertain.Probably not
Buyers whose budget is stretched to reach the median price — in a market where condition varies widely across seven decades of construction, renovation costs or insurance surprises can break a thin margin.Probably not

Data sources & freshness

Community market statsfloridakeys closed sales, 12-month windows ending July 27, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (8 streets, ZIP 33037))
Historical depthClosed-sale records back to 2006 (180 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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