$695,000
1021 Valencia Road
Key Largo, FL 33037
MLS# 617159
3 beds  |  2 baths  |  1148 sqft


living room virtually staged
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Property Description
This is now an income producing property, lease signed for an annual tenant at $3500 a month! Lease starts May 1st, 2026! Purchase now and you have guaranteed income for a year!! Brand new bedroom floors and a fresh coat of paint make this move-in ready 3 bedroom, 2 bathroom CBS home shine from the moment you walk in. Built in 2014, this newer Key Largo property offers lower insurance potential thanks to its strong construction features including a metal roof, impact windows and doors, and elevated durability throughout. Located in the sought after Bahia Mar subdivision, the home sits on a fully fenced lot that delivers exceptional privacy with no neighbors across the street. The bright open floor plan includes brand new appliances, spacious living areas, and thoughtful design that suits both full-time living and seasonal use. Outside, enjoy covered parking and a generous yard with room to add a pool or outdoor entertaining space. The property backs directly to John Pennekamp Coral Reef State Park, providing quick access to boat launches and world-class water activities. This home combines modern construction, low maintenance features, and a peaceful setting, making it an ideal choice for first time home buyers, vacation home seekers, or anyone looking for a private coastal retreat in Key Largo.

Details
Maps
Contract Information
Listing Board: Florida Keys
As is Rght to Inspct: Yes
Species List: No
Current Price: $695,000
Listing Date: 2025-11-03
List Price: $695,000
Location, Tax & Legal
City: KEY LARGO
Mile Marker: 102.5
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE
Alternate Key #: 1668524
Parcel #: 00545010-000000
Zoning: IS - Improved Subivision District
Deed Restrictions: No
Legal: BK 9 LT 17 BAHIA MAR EST PB4-79 KEY LARGO OR313-100/01 OR1947-2488 OR2609-1072 OR2704-855 OR2810-405/06 OR2878-1620/21 O
Taxes: 5099.18
Tax Year: 2024
Pub Sewer HkUp: Yes
Street #: 1021
Street Name: Valencia
Street Suffix: Road
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
County: Monroe
Subdivision: Bahia Mar (102.5)
Area: 27 - Key Largo MM 97-107
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: No
Control Depth: 0
Lot SqFt: 5250
Pool: No
Lot Sqft Source: Property Data Card
Total Units: 0
Acres: 0.12
SqFt Source: Property Data Card
Rentals Allowed: With Restrictions
Min Rental Days: 28
Style: Single Family
Year Built: 2014
Living Apx SqFt: 1148
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: This is now an income producing property, lease signed for an annual tenant at $3500 a month! Lease starts May 1st, 2026! Purchase now and you have guaranteed income for a year!! Brand new bedroom floors and a fresh coat of paint make this move-in ready 3 bedroom, 2 bathroom CBS home shine from the moment you walk in. Built in 2014, this newer Key Largo property offers lower insurance potential thanks to its strong construction features including a metal roof, impact windows and doors, and elevated durability throughout. Located in the sought after Bahia Mar subdivision, the home sits on a fully fenced lot that delivers exceptional privacy with no neighbors across the street. The bright open floor plan includes brand new appliances, spacious living areas, and thoughtful design that suits both full-time living and seasonal use. Outside, enjoy covered parking and a generous yard with room to add a pool or outdoor entertaining space. The property backs directly to John Pennekamp Coral Reef State Park, providing quick access to boat launches and world-class water activities. This home combines modern construction, low maintenance features, and a peaceful setting, making it an ideal choice for first time home buyers, vacation home seekers, or anyone looking for a private coastal retreat in Key Largo.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Central Air: 1
Heating
Central: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Laminate: 1
Tile: 1
Interior Features
Granite Counter Top: 1
Building Style
Above Flood: Yes
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Vehicle Storage
Carport: 1
Covered Parking: 1
Off Street Parking: 1
Construction
CBS: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Unfurnished: 1
Terms
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Utilities
Buyer to Verify: 1
Cable Available: 1
Elect Separate Meter: 1
FKAA: 1
Water Separate Meter: 1
Porch/Balcony
Open Porch/Balcony: 1
Title
Title Ins - Buyer: 1
Exterior Features
Fencing: 1
Pre-Wired
Cable: 1
Roof
Metal Roof: 1
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Carport; Covered Parking; Off Street Parking
Furnished: Unfurnished
Cooling: Central Air
Heating: Central
Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Water Separate Meter
Interior Features: Granite Counter Top
Pre-Wired: Cable
Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Fencing
Construction: CBS
Floor: Laminate; Tile
Roof: Metal Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; FHA; VA
Title: Title Ins - Buyer

Listing Office: American Caribbean Real Estate, Christie's International Real Estate

Last Updated: March - 26 - 2026

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