PARADISE POINT
Homes for Sale in Key Largo, FL
True comps, carrying-cost math, and listings before the portals.
Paradise Point sits in Key Largo, Monroe County, where the Florida Keys premium is structural, not cyclical. A median price in the mid-$1.3 millions on a median footprint of roughly 1,500 square feet tells you this market prices the land, the water access, and the Keys address — not square footage. The stock spans from 1948 to 2024, so condition-driven spreads are real: a renovated, storm-hardened home and a dated mid-century cottage can occupy the same street at very different valuations.
At 55 median days on market with only three closings in the trailing window, Paradise Point is a thin, deliberate market. Sellers are not capitulating quickly, and buyers are not impulse-purchasing at this price point. The homestead share of roughly 32 percent signals that the majority of homes here are not primary residences — investor, second-home, and rental-income motivations dominate. That context shapes negotiation dynamics and listing behavior alike.
The 60-Second Overview
PARADISE POINT market snapshot (as of July 27, 2026): the median sale price is about $1.35M, and a median 55 days on market for closed sales.
PARADISE POINT is a community of 163 homes in Key Largo, Monroe County, built between 1948 and 2024 (median 1988.0), with a median living area of about 1,509 square feet. 32% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Paradise Point is a 163-home Keys community where scarcity of inventory, water-proximate land value, and a predominantly non-primary-residence ownership base converge to sustain a median price well into the seven-figure range — irrespective of the modest physical square footage most homes offer.
Who PARADISE POINT is best for.
Best for
- A second-home or vacation-property buyer with a clear budget ceiling above the current median who has already priced out Monroe County flood and wind insurance.
- An investor targeting short-term rental income who understands the Monroe County permit and regulatory environment for vacation rentals.
- A buyer prioritizing Keys location and water access over square footage, willing to renovate older stock to current resilience standards.
Probably not for
- A buyer whose maximum budget lands below the current median and who would need to stretch to close — this market does not reward financial overhang.
- A primary-residence buyer who needs high walkability, on-site amenities, or proximity to mainland employment centers on a daily basis.
- Anyone expecting quick resale liquidity — with only a handful of closings per quarter, a forced or time-sensitive exit carries real market-depth risk.
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 ($1.35M) IS the median in the snapshot above.
Windows contain 1 to 6 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 PARADISE POINT buying strategy.
If we were buying in PARADISE POINT 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 PARADISE POINT.
What the numbers actually mean here
The median year built of 1988 places most of the stock in a generation that predates current Florida building codes for wind and flood resilience. That matters in Monroe County. Buyers should budget for — and inspect closely — roof age, impact-glass compliance, elevation certificates, and flood insurance assignability. The 1948-to-2024 build spread means a buyer can find new construction, but new construction here is not the norm; it is the exception, and it prices accordingly.
Since 2012, the community has recorded a price appreciation of 248 percent on a percentage basis. That is a long-run data point, not a forecast, and Keys markets have also demonstrated how quickly external shocks — storm seasons, insurance market dislocations, interest rate moves — can stall momentum. With no community amenities identified in current listings, the draw is entirely location-driven: what the Keys themselves offer, not a gated clubhouse or managed pool. Buyers paying this median need to be honest that they are buying a place, not a package of services.
The location and the amenities are priced into every listing in PARADISE POINT. 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 PARADISE POINT 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 (4.4). Basis: Long-Term Appreciation +248% since 2012; Owner Commitment 32% owner-occupied; Pricing Power 82.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
Thin markets with three closings in the recent window do not reward agents who rely on comp volume. Momentum brings the kind of hyper-specific due diligence — elevation certificate analysis, insurance market navigation, condition-adjusted valuation — that a $1.35 million Keys purchase demands. We will tell you when a listing is priced for the view and ignoring deferred maintenance, and we will tell you when a seller's timeline creates negotiating leverage a casual buyer would miss.
PARADISE POINT 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 PARADISE POINT 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 PARADISE POINT sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in PARADISE POINT, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your PARADISE POINT home worth?
Get a no-obligation home value based on real comparable sales in PARADISE POINT, 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 homes for sale in PARADISE POINT on the map →
Frequently Asked Questions
What is the median home price in PARADISE POINT?
How long do homes in PARADISE POINT take to sell?
How many homes are in PARADISE POINT?
What share of PARADISE POINT is owner-occupied?
When were the homes in PARADISE POINT built?
Do cash buyers compete in PARADISE POINT?
Have PARADISE POINT home prices gone up?
Who is the best real estate agent for PARADISE POINT?
How do I find a top Key Largo real estate agent who knows PARADISE POINT?
Can Momentum Realty connect me with an agent for PARADISE POINT?
Should you buy in PARADISE POINT?
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 (3 streets, ZIP 33037)) |
| Historical depth | Closed-sale records back to 2007 (66 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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