305-609-4190
117 La Paloma Rd, Key Largo FL 33037
Active Single Family Residence Waterfront

117 La Paloma Rd, Key Largo FL 33037

Key Largo, FL, 33037

$2,350,000

Est. $11,883/mo (20% down)

5
Beds
4.5
Baths
3,224
Sq Ft
2016
Year Built
Lot Sq Ft
Garage

Photo Gallery (99 photos)

About This Property

Welcome to 4 Palmas -- Your Ultimate Key Largo Retreat! Built in 2016, this custom 5BD/4.5BA waterfront home offers over 5,600 sq. ft. of total indoor-outdoor living! Designed for entertaining, the home features two primary suites (one on each level), 3 living rooms, two bars, an elevator, and 4 private balconies. Step outside to your private tropical oasis complete with a heated pool, expansive sun deck, and covered patio featuring a full outdoor kitchen. Boaters will love the 50 ft. dock on a wide canal with quick ocean and bay access, plus a floating dock for easy launching from you kayak, skiff or jet ski. Whether you're looking for a luxury residence, vacation escape, or premium rental property, 4 Palmas has it all!

Property Details

MLS #

A12078224

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

2016

Days on Market

2

Pool

No

Waterfront

Yes

Price / Sq Ft

$729

HOA Fee

None

Est. Insurance

$783/mo

Tax Year

2025

Tax Amount

$9,017

Garage

Lot Size

MLS Area

Winston Waterways No 2

Subdivision

WINSTON WATERWAYS NO 2

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$16,450
Est. Monthly Rent
1.2%
Cap Rate
5.8%
Cash-on-Cash
$27,371
Net Operating Income

ROI Projections (4% Annual Appreciation)

137%
5-Year ROI
Value: $2,859,134
298%
10-Year ROI
Value: $3,478,574
488%
15-Year ROI
Value: $4,232,217

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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