Enjoy gracious Keys living at 1041 Gibraltar Rd. in Key Largo, FL. This single family home is nestled at the end of Gibraltar Rd so you get premium privacy with no pass-through traffic and the added benefit of being located right next to John Pennecamp State Park. Entering the home you walk into expanded living spaces with flow that guides into private comfort from the well appointed kitchen and laundry with multiple dining areas to the large living room with direct access to the covered porch and fenced in back yard. The ground level of the home also offers 2 guest rooms and 2 guest baths. The primary suite encompasses the entire second level of the home with large bedroom, multiple closets, extra spacious primary bath and a private balcony overlooking the backyard. And, good news is that this home is located in an X Flood Zone. Call today for more information and to schedule a private viewing.
Single-familyProperty Type
1985Year Built
5,250 sq ftLot Size
$309Price/Sq.Ft.
3 spacesParking
Listed by The Owen Lucas The Owen Lucas Team• Berkshire Hathaway HomeServices Keys Real Estate
Bahia Mar Estates, located between U.S. 1 and Florida Bay, is a canal-front and low-density Key Largo neighborhood with private docks and a salt-air, boating-first rhythm. The neighborhood’s character concentrates around the U.S. 1 corridor near Caribbean Club, where tiki-lit patios, marina traffic, and sunset chatter set the tone. Architecture leans to elevated Keys cottages and concrete-block homes built for breezes and water views. Days revolve around skiffs in the canals, kayaks on the bay, and quick runs to the reef. Community touchstones include the Caribbean Club, Jimmy Johnson’s Big Chill, and the Florida Keys History & Discovery Center.
Provided by Walk Score and Local Logic
Market insights
1041 Gibraltar Rd · $708,000
DAYS ON MARKET
379 days
The average home goes pending in 164 days.
SALE-TO-LIST
94.9%
Most homes are selling 5% below list price.
LIST PRICE
$708,000
Median list price in this area is $1,214,078. (71% higher than this home)
PRICE DROP
1 price drop
17% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Drapes and blinds included
Walk-in closet
Granite countertops
Built-in cabinets
Split bedroom layout
Cathedral ceilings
Impact-resistant windows and doors
Ceiling fans
Unfurnished
Bedrooms
3 bedrooms
Bathrooms
3 full bathrooms
Kitchen
Granite countertops
Stainless steel appliances
Microwave
Oven
Range
Refrigerator
Dishwasher
Laundry & utility
Washer
Dryer
Flooring
Tile flooring
Vinyl flooring
Heating & cooling
Central A/C
Ductless A/C
Exterior features
Fencing and privacy wall/fence
Shed
Gutters
Open porch/balcony
Deck
Patio
No dockage or boat slip
No waterview
Home design
Single-family home
2-story
Updated/remodeled
Ocean side location
Parking
Open off-street parking for 3 cars
Security
No security system
Construction
Built in 1985
CBS construction
Metal roof
Above flood level
Utilities
FKAA water
Community sewer plant
Public sewer hookup
HOA & community
No association fees
No first right of refusal
No HOA-provided services included
Financial info
Financing accepted: Cash, FHA, VA, Conventional
Homestead tax exemption
Other
Property zoned SF (Single Family)
Lot less than 1/4 acre
Flood zone X
Rentals allowed with restrictions (minimum 28 days)
Electricity and solar
View estimated energy costs and solar savings for this home
LOCATED ADJACENT TO JOHN PENNEKAMP STATE PARK, THIS LOVELY 3 BEDROOM HOME OFFERS 2289 SFT OF LIVING SPACE. NESTLED BETWEEN 2 VACANT LOTS, YOUR PRIVACY IS ASSURED. CBS CONSTRUCTION, IMPACT RESISTANT WINDOWS, DOORS, METAL ROOF AND IN AN X FLOOD ZONE, ASSURES YOUR COMFORT AND PEACE OF MIND. THE SPLIT FLOOR PLAN IS ACCOMODATING AS A MULTI GENERATIONAL HOUSEHOLD.
FLKMLS #592048
Jan 5, 2021
Listing Removed
—
Aug 11, 2020
Listed
$543,000
$237/sq ft
FLKMLS #546545
May 15, 2020
Listing Removed
—
Sep 26, 2008
Listed
$449,000
$196/sq ft
FLKMLS #553166
Jul 28, 2011
Sold
$376,000
$164/sq ft
Sep 20, 2010
Listed
$390,000
$170/sq ft
Public Records
Dec 31, 2009
Sold
$354,000
$155/sq ft
FLKMLS #528784
Dec 29, 2006
Listing Removed
—
Jun 8, 2005
Listed
$440,000
$192/sq ft
Public Records
Jun 6, 2005
Sold
$270,000
$118/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,298 (+4.7%)
2024
$5,057 (+3.9%)
2023
$4,868 (+5.9%)
2022
$4,595 (+12.0%)
$199,500 + $345,551
$545,051
2021
$4,104 (+26.3%)
$111,563 + $307,090
$418,653
2020
$3,249 (+1.8%)
2019
$3,191 (+0.2%)
2018
$3,186 (+2.1%)
2017
$3,122 (−2.5%)
2015
$3,203 (−2.0%)
2014
$3,267
Public record
Public record
Zoning
Beds
3
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
5,250 Sq. Ft.
Year renovated
2008
Finished Sq. Ft.
2,289
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,289
Year built
1985
Style
Single Family Residential
County
Monroe County
APN
2261 39 00544610000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
IS
III
Improved Subdivision District
The purpose of the IS district is to accommodate the legally vested residential development rights of the owners of lots in subdivisions that were lawfully established and improved prior to the adoption of this LDC. For the purpose of this section, improved lots are those that are served by a dedicated and accepted existing road of porous or nonporous material, that have an approved potable water supply, and that have sufficient uplands to accommodate the proposed use in accordance with the required setbacks. This district is not intended to be used for new land use districts of this classification within the county.
Zone overlays
Tier III Overlay District
Permitted uses
Include but are not limited to:
Housing-Multiple units
Infrastructure
Climate risks
5/10 Flood Factor
Estimated 22-34% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 31 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Key Largo, FL • 33037
Average low and high temperatures (°F)
73
62
75
66
78
70
80
74
85
79
86
81
86
81
88
81
87
81
83
77
79
72
77
68
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.3 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1041 Gibraltar Rd
$678,681
$29K under list price of $708K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $575K to $1.1M.