Tarpon Flats
Homes for Sale in Upper Matecumbe Key Islamorada, FL
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-09-12, 3 recorded sales closed at a median of $969,000, a median 0 days on market, sellers accepting 100% of original asking. At the median price and Monroe County's FY2025-26 rate of 8.816 mills, annual property tax runs about $8,540 ($8,190 with the full homestead exemption).
The 60-Second Overview
Tarpon Flats market snapshot (as of September 12, 2026): the median sale price is about $969K, and a median 0 days on market for closed sales.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level Florida Keys MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($969K) IS the median in the snapshot above.
Windows contain 0 to 3 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.
15% of homes for sale in ZIP 33036 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 (2026-09-08).
The Tarpon Flats buying strategy.
If we were buying in Tarpon Flats 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 Tarpon Flats.
A closer look at the Tarpon Flats market
Homes in Tarpon Flats trade around a median of $969K, where condition and lot do more to set the final number than the asking price does.
The location and the amenities are priced into every listing in Tarpon Flats. The deal is won or lost on condition, the comps, and the renovation math.
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 Tarpon Flats 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 Tarpon Flats sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Tarpon Flats, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Tarpon Flats home worth?
Get a no-obligation home value based on real comparable sales in Tarpon Flats, 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 Upper Matecumbe Key Islamorada →
Frequently Asked Questions
What is the median home price in Tarpon Flats?
How long do homes in Tarpon Flats take to sell?
Who is the best real estate agent for Tarpon Flats?
How do I find a top Upper Matecumbe Key Islamorada real estate agent who knows Tarpon Flats?
Can Momentum Realty connect me with an agent for Tarpon Flats?
Data sources & freshness
| Community market stats | Florida Keys MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | Florida Keys MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2019 (6 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.
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See how TARPON FLATS fits the bigger picture — live prices, inventory, and Momentum Scores: