$10,000 Closing Credit¹
#613039, Walters Luxury Group Gloria, Rachel and Michaela Walters, Listing Office: Ocean Sothebys International Realty
$1,099,999 List price
5 Palm Dr Key Largo, FL 33037
$10,000
Closing credit¹
3 beds
2 full
2,051 sqft
0.6 acres
$536 / sqft
House
Property details
About 5 Palm Dr
GREAT VALUE in this 4 car garage, screened pool and CBS home in popular Gulfstream Shores. This remarkable ground-level home spans three lots in a coveted area of north Key Largo. The spacious residence features a layout designed for both comfort and entertainment. A split floorplan offers a primary suite on the West wing of the home and secondary bedrooms on the other side with the kitchen in the center as the heart of the home. The home is characterized by its solid concrete construction, offering durability and peace of mind. Conveniently attached is a 2 car garage, with an additional detached 4 car garage providing ample storage space for vehicles or vessels. For relaxation and recreation, a screened-in pool enhances the outdoor living experience with minimal upkeep.Located just a short stroll from the oceanfront homeowner's park, residents can enjoy access to a private boat ramp and exceptional boating opportunities. Gulfstream Shores is ideally situated, offering a tranquil lifestyle just a short drive from Miami and the prestigious Ocean Reef Club.Discover the perfect blend of coastal living and modern comfort.
Highlights
Home typeSingle Family Residence
StatusAccepting Backup Offers
(Contingent)
(Contingent)
Size2,051 sqft
Lot size0.56 Acres
Year built1997
ParkingAttached, Detached
MLS #612852
Attached garage4 spaces
Private poolYes
Summary
- MLS Number: 612852
- MLS Name: KeyWest
- Office Name: Ocean Sothebys International Realty
- Office Phone: (305) 712-8888
- Listing Agent: Walters Luxury Group Gloria, Rachel and Michaela Walters
The data relating to real estate for sale on this web site comes in part from the IDX Program of Key West Association of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Key West Association of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 10:15:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,099,999
5 Palm Dr
$10,000
closing credit¹
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Seller rebate
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 11, 2017 | Home Sold | $584,000 |
| May 17, 2000 | Home Sold | $290,000 |
| Feb 01, 2000 | Home Sold | $295,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $547,416 | $4,477 |
| 2022 | $531,472 | $4,204 |
| 2021 | $515,993 | $4,204 |
| 2020 | $508,869 | $4,146 |
| 2018 | $488,155 | $4,137 |
| 2017 | $349,740 | $2,970 |
History based on county public records data.
Nearby schools
9
Ocean Studies Charter
Public Charter KG-5
15.8 mi
•92295 Old Hwy
7
Somerset Prepatory Academy - Homestead
Public Charter KG-5
19.3 mi
•3000 SE 9th St
3
Gateway Environmental K-8 Learning Center
Public District PK-5
19.5 mi
•955 SE 18th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $112,500. Most Key Largo, FL residents have annual incomes $200k+. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
18%
<35k
30%
35k-100k
14%
100k-200k
38%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
3%
Single, with Kids
49%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
2%
12-17 yrs old
6%
18-34 yrs old
40%
35-64 yrs old
49%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Dollar General
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Oldsmobile
What do the neighbors listen to?
News/Talk/Information
New Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5 Palm Dr
This home is located at 5 Palm Dr in Key Largo, FL and zip code 33037. This 2,051 square foot home, which was built in 1997, sits on a 0.56 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $1,099,999.
Key Largo, FL housing market in February 2025 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 15 sold below. The inventory of homes for sale in Key Largo, FL between January and February 2025 increased by 13.2%. While the average time on the market in February 2025 was 148 days, the median list price was $883,000.
From Rocket Homes Real Estate and based on county public records data.