PORT LARGO
Homes for Sale in Key Largo, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Port Largo sits in Key Largo inside Monroe County, and its $1.9 million median price reflects the single most important fact about this market: you are buying waterfront or near-waterfront real estate in the Florida Keys, not a mainland neighborhood that happens to be expensive. The price is driven by land scarcity, canal and bay access, and the near-impossibility of replicating this inventory. With a median of roughly 1,965 square feet of living space and a median build year of 1988, the homes here are not large by mainland standards, which means buyers are paying overwhelmingly for location and water access rather than square footage.
The market posture right now is deliberate. An 83-day median days on market and a market heat score of 41 signal a buyer-favoring pace — sellers are waiting, and buyers have room to negotiate and inspect carefully. Year-over-year appreciation of 1.3 percent is real but modest, and the homestead exemption rate of about 41 percent tells you that a meaningful share of these properties are investment or second-home assets, not primary residences. For a seller, pricing discipline and patience matter more than urgency. For a buyer, the slower pace is an asset — use it.
PORT LARGO right now
🟡 Still climbing. The trailing-12-month median ($1.90M) is up 1.3% from the prior 12 months ($1.88M) and up 188% since 2012. With about 16 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 (11 and 8 sales in the two windows).
What's unique here: the median sale price is about 2x the typical Monroe County sale ($1.90M vs $950K, trailing 12 months, floridakeys records).
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
PORT LARGO market snapshot (as of July 27, 2026): the median sale price is about $1.90M, and a median 83 days on market for closed sales. The trailing-12-month median is up 1% from the prior 12 months and up 188% since 2012, computed from record-level floridakeys closed sales (11 closings in the current window).
PORT LARGO is a community of 480 homes in Key Largo, Monroe County, built between 1937 and 2022 (median 1988.0), with a median living area of about 1,964 square feet. 41% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Port Largo is a Keys community of roughly 480 homes spanning construction years from 1937 through 2022, giving the inventory an unusually wide spread in age and condition that makes every property its own conversation. The long-term price trajectory — up 188 percent since 2012 — reflects the structural rarity of Keys real estate, but current conditions favor buyers willing to move methodically.
Who PORT LARGO is best for.
Best for
- Buyers with a confirmed budget at or above the $1.9 million median who are purchasing a Keys property as a long-term primary or secondary hold and can carry the property through an extended due-diligence period.
- Second-home buyers who have already underwritten Keys-specific insurance, flood zone, and carrying costs and are looking for negotiating leverage in a slower market.
- Buyers who prioritize water access and Keys location above square footage and are comfortable with a wide inventory age range requiring individual property-level assessment.
Probably not for
- Buyers expecting a liquid, fast-moving market — 83 days median DOM and 11 closings in the recent window describe a market that moves on its own schedule.
- Buyers who need reliable price-range comparables for financing or appraisal purposes and are not prepared for the added complexity of a thin-transaction market.
- Anyone whose budget requires the property to perform as a predictable short-term income asset — the discretionary nature of Keys inventory and current modest appreciation rate do not support that expectation.
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 ($1.90M) IS the median in the snapshot above, and the move from 2025 ($1.88M) IS the +1.3% one-year change.
Windows contain 8 to 43 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.
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 PORT LARGO buying strategy.
If we were buying in PORT LARGO 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 PORT LARGO.
What the Numbers Actually Tell You
The 83-day median DOM is the number buyers should carry into every showing. In a market priced near $1.9 million median, that pace means sellers have already absorbed the idea that their property will sit for weeks, and the ones still active have made a commitment to their ask. That dynamic rewards buyers who arrive with financing confirmed and inspection capacity ready — delays cost leverage here, and leverage is the only discount mechanism available at this price point.
Eleven closings in the recent window is a thin transaction base, which matters for two reasons. First, comparable sales are sparse, so appraisals require careful support and pricing opinions carry real uncertainty. Second, any single atypical sale can move reported metrics noticeably. The 41-percent homestead share reinforces that a large portion of Port Largo trades as a discretionary asset — insurance costs, flood zone requirements, and carrying costs for a non-primary home all belong in the underwriting conversation before an offer is written.
The location and the amenities are priced into every listing in PORT LARGO. 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 PORT LARGO 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 (5.9). Basis: Long-Term Appreciation +188% since 2012; Recent Direction +1.3% year-over-year; Owner Commitment 41% owner-occupied; Pricing Power 89.8% sale-to-list. Refreshed with each data update.
Why work with Momentum here
Monroe County transactions carry compliance layers — environmental regulations, flood zone classifications, and Keys-specific title considerations — that require a broker who already knows the terrain. Momentum's Northeast Florida roots include Keys-market transaction experience, and at a $1.9 million median price point, the cost of a misstep in due diligence or negotiation timing is not abstract. We will tell you when a property is priced correctly, when it is not, and when the carrying cost profile makes a specific home a poor fit for your goals — before you are under contract.
PORT LARGO 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 PORT LARGO 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 PORT LARGO sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in PORT LARGO, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your PORT LARGO home worth?
Get a no-obligation home value based on real comparable sales in PORT LARGO, 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 PORT LARGO?
How long do homes in PORT LARGO take to sell?
How many homes are in PORT LARGO?
What share of PORT LARGO is owner-occupied?
When were the homes in PORT LARGO built?
Do cash buyers compete in PORT LARGO?
Have PORT LARGO home prices gone up?
Who is the best real estate agent for PORT LARGO?
How do I find a top Key Largo real estate agent who knows PORT LARGO?
Can Momentum Realty connect me with an agent for PORT LARGO?
Should you buy in PORT LARGO?
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 (8 streets, ZIP 33036/33037)) |
| Historical depth | Closed-sale records back to 2000 (294 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
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of The Florida Keys & Monroe County or the full Neighborhood Finder.