OFF MARKET

Off market apr 2025 for $2.1M

$2,182,772

Est. refi paymentEst. refi $16,220/mo

•

3,164

sq ft

237 Atlantic Blvd, Key Largo, FL 33037

About this home

INVESTORS! This waterfront multi-family tri-plex is located in the coveted boating enclave of Port Largo. This property presents a prime opportunity for astute investors seeking to capitalize on its versatile building rights or to leverage its existing rental income potential with long-term tenants. The allure of this investment lies in its potential for future rental income optimization. With two, two-bedroom, one-bathroom units and one three-bedroom, two-bathroom unit, there exists ample room for income diversification. Each unit features an inviting open floor plan, complemented by screened-in porches that afford picturesque vistas of the water. 75 feet of deep-water concrete dockage further enhances its appeal to both investors and tenants alike. Whether one chooses to reside in one unit while leasing out the others or to capitalize on the rental market, the possibilities for maximizing returns are truly limitless in this prime investment offering. An exceptional investment opportunity awaits discerning investors.

Single-familyProperty Type

1980Year Built

9,375 sq ftLot Size

$690Est. Price/Sq.Ft.

4 spacesParking

Listed by Walters Luxury Group Gloria, Rachel and Michaela Walters • Ocean Sotheby's International Realty

Bought with Walters Luxury Group Gloria, Rachel and Michaela Walters • Ocean Sotheby's International Realty

Redfin checked: a few seconds ago

•Source:FLKMLS #609804

Redfin Estimate

$2,182,772

$83K since sold in April 2025$20K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 28.1% higher than the average sale price ($1.70M) of 6 comparable homes.

SOLD JUN 26, 2026
$910,000
A
3 beds2 baths2,912 sq ft
34 Seagate Bch Unit 34, Key Largo, FL 33037
SOLD SEP 30, 2026
$745,000
B
4 beds3 baths1,666 sq ft
87 Marina Ave, Key Largo, FL 33037
SOLD MAR 13, 2026
$2,100,000
C
5 beds3 baths204 sq ft
392 Laguna Ave, Key Largo, FL 33037
SOLD MAR 24, 2026
$3,000,000
D
4 beds3 baths— sq ft
158 Bahama Ave, Key Largo, FL 33037
SOLD MAY 7, 2026
$2,170,000
E
4 beds3 baths2,025 sq ft
215 Wildwood Cir, Key Largo, FL 33037
SOLD JUN 16, 2026
$1,300,000
F
4 beds2 baths2,196 sq ft
174 Corrine Pl, Key Largo, FL 33037

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Market trends in 33037, FL

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

93.8%

0.9% MoM

Median sale price

$990K

$60K MoM

Avg. days on market

162d

23 days MoM

Recently sold homes

11 MoM

New listings for sale

NEW 2 HRS AGO
$2,785,000
4 beds3.5 baths3,018 sq ft
20 Center Ln, Key Largo, FL 33037
(305) 662-7325
NEW 21 HRS AGO
$345,000
2 beds1 bath720 sq ft
41 Tina Pl, Key Largo, FL 33037
NEW 23 HRS AGO
$5,800,000
4 beds3 baths2,414 sq ft
308 Atlantic Blvd, Key Largo, FL 33037
NEW 24 HRS AGO
$1,500,000
4 beds4 baths1,968 sq ft
172 Valois Blvd, Key Largo, FL 33037
(305) 303-1844
NEW 25 HRS AGO
$2,887,000
4 beds4 baths2,463 sq ft
474 Bahia Honda Rd, Key Largo, FL 33037
$1,775,000
3 beds2 baths1,344 sq ft
43 Waterways Dr, Key Largo, FL 33037
$399,000
2 beds1 bath400 sq ft
325 Calusa St #482, Key Largo, FL 33037
$1,050,000
3 beds3 baths1,350 sq ft
9812 Leeward Ave Unit 30' Boat Slip, Key Largo, FL 33037
3D WALKTHROUGH
$725,000
3 beds2 baths1,406 sq ft
308 Vaca Rd, Key Largo, FL 33037
$4,799,000
5 beds3 baths2,400 sq ft
1200 Mockingbird Rd, Key Largo, FL 33037
See all

Provided by Redfin

Sale history for 237 Atlantic Blvd

Year

Property tax

Land + Additions

Assessment*

2025

$12,535 (+9.9%)

2024

$11,403 (+6.7%)

2023

$10,689 (+13.0%)

2022

$9,462 (+21.2%)

2021

$7,810 (−5.2%)

$316,406 + $408,421

$724,827

2020

$8,242 (−11.4%)

$353,906 + $418,701

$772,607

2019

$9,304 (−1.9%)

$353,906 + $418,701

$772,607

2018

$9,489 (+7.9%)

$461,719 + $444,304

$906,023

2017

$8,793 (+5.3%)

$450,000 + $375,588

$825,588

2015

$8,348 (+5.0%)

$450,000 + $337,406

$787,406

2014

$7,950

Tax history for 237 Atlantic Blvd

Year

Property tax

Land + Additions

Assessment*

2025

$12,535 (+9.9%)

2024

$11,403 (+6.7%)

2023

$10,689 (+13.0%)

2022

$9,462 (+21.2%)

2021

$7,810 (−5.2%)

$316,406 + $408,421

$724,827

2020

$8,242 (−11.4%)

$353,906 + $418,701

$772,607

2019

$9,304 (−1.9%)

$353,906 + $418,701

$772,607

2018

$9,489 (+7.9%)

$461,719 + $444,304

$906,023

2017

$8,793 (+5.3%)

$450,000 + $375,588

$825,588

2015

$8,348 (+5.0%)

$450,000 + $337,406

$787,406

2014

$7,950

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

9,375 Sq. Ft.

Year renovated

2010

Sq. Ft.

3,164

Year built

1980

Style

Multi-Family (2-4 Unit)

County

Monroe County

APN

3361 39 00453472000500

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 9, 2026.

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

Property details

Parking

Parking / Garage Information
Vehicle Storage: RV Parking Open, Trailer Storage, Covered Parking
Vehicle Storage: Car(s): 4+

Interior

Interior Features
Interior Features: Split Bedroom, Built-in Cabinets, Smoke Alarms, Granite Counter Top
Flooring: Tile Floor
Windows/Doors: Single Hung Windows, Sliding Glass Doors
Heating: Central
Cooling/Heating: Central A/C, Ceiling Fans
Appliances: Dishwasher, Stainless Steel Appl, Oven, Refrigerator
Furnished: Unfurnished

Bathroom Information
# of Full Baths: 4

Specialty Room Information
Specialty Rooms: Utility Room

Multi-Unit Information
# of Total Units: 3

Exterior

Boat Slip/Dock Information
Dockage: Dock Length: 75
Dockage: Seawall: Concrete
Dockage: Dock: Concrete

Exterior Features
Exterior Features: Storage
Porch/Balcony: Screened P/B, Screened Patio
Shutters: Other

Security
No Security

Property Features
Accessibility Features: None
On Waterfront
Waterfront Type: Canal Front
Waterview: Canal View

Property Information
Deed Restrictions: Unknown
Pets: Pets Allowed
Rentals Allowed: Yes
Min Rental Days: 28

Lot Information
Acres: 0.22
Zoning: IS - Improved Subivision District
Land Size: Less Than 1/4 Acre
Control Depth: 5
Flood Zone: AE

Building Information
Year Built: 1,980
Sq. Ft. Source: Tax Records
Sq. Ft. Remarks: Floor Living Area: 2,314 Lower Level Finished: 850
Building Style: Stories: 2
Building Style: Above Flood: Unknown
Construction: CBS, Concrete
Roof: Shingle Roof

Subdivision/Neighborhood
Subdivision: Port Largo (100.0)
Marathon Neighborhood: N/A

Financial

Tax Information
Taxes: $10,689.42
Tax Year: 2,023
Tax Exemptions: None

Financial Information
Terms: No Seller Finance

Utilities

Utility Information
Utilities: FKAA, Cable Available, Buyer to Verify, Sewer Available, Municipal Sewer, Community Sewer Plant
Pre-Wired: Cable
Has Public Sewer Hook-up

Location

Homeowners Association Information
Voluntary Home Owners Association
Association Info: 1st Right of Refusal: No
Association Info: Association Fee $: 275.00
Association Info: Association/Maintenance Fee Per: Yearly
Fee Includes: Other

Location Information
Side: Ocean
Mile Marker: 100.00
Directions: Turn onto Atlantic Avenue from US-1 and triplex is on your left.

Neighborhood Features
Community Boat Ramp, Other Area Features

Public facts

Beds: 4
Baths: 4.0
Sq. Ft.: 3,164
Stories: 2.0
Lot Size: 9,375 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1980
Year Renovated: 2010
County: Monroe County
APN: 3361 39 00453472000500

Home facts updated by county records on Oct 9, 2026

Other

Auction Information
Financial Status: Auction: No

Around this home

Schools

Key Largo School

Public PreK-8 • Assigned • 5.3mi

8/10

Coral Shores High School

Public 9-12 • Assigned • 9.3mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

9/10 Flood Factor

Estimated 80%+ 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 108° expected this year, 30 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.4 hours in June and 7 hours in December, placing it above the U.S. average for solar exposure.

9.4 hrs

7 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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New listings for sale in 33037

NEW 2 HRS AGO

$2,785,000

4 beds3.5 baths3,018 sq ft

20 Center Ln, Key Largo, FL 33037

(305) 662-7325

NEW 21 HRS AGO

$345,000

2 beds1 bath720 sq ft

41 Tina Pl, Key Largo, FL 33037

NEW 23 HRS AGO

$5,800,000

4 beds3 baths2,414 sq ft

308 Atlantic Blvd, Key Largo, FL 33037

NEW 24 HRS AGO

$1,500,000

4 beds4 baths1,968 sq ft

172 Valois Blvd, Key Largo, FL 33037

(305) 303-1844

NEW 25 HRS AGO

$2,887,000

4 beds4 baths2,463 sq ft

474 Bahia Honda Rd, Key Largo, FL 33037

$1,775,000

3 beds2 baths1,344 sq ft

43 Waterways Dr, Key Largo, FL 33037

$399,000

2 beds1 bath400 sq ft

325 Calusa St #482, Key Largo, FL 33037

$1,050,000

3 beds3 baths1,350 sq ft

9812 Leeward Ave Unit 30' Boat Slip, Key Largo, FL 33037

3D WALKTHROUGH

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Home values near 237 Atlantic Blvd

Data from public records.

Address	Redfin Estimate
235 Atlantic Boulevard, Key Largo, FL 4 Beds \| 4 Baths \| - Sq. Ft.	$1,828,344
238 Atlantic Boulevard, Key Largo, FL 4 Beds \| 4.5 Baths \| 3172 Sq. Ft.	$3,040,605

Address	Redfin Estimate
239 Atlantic Boulevard, Key Largo, FL 5 Beds \| 3.5 Baths \| 3898 Sq. Ft.	$2,633,464
240 Atlantic Boulevard, Key Largo, FL 4 Beds \| 4 Baths \| 1920 Sq. Ft.	$2,340,679

Address	Redfin Estimate
236 Atlantic Boulevard, Key Largo, FL 3 Beds \| 3 Baths \| 1500 Sq. Ft.	$1,974,439
241 Atlantic Boulevard, Key Largo, FL 3 Beds \| 3 Baths \| 3250 Sq. Ft.	$2,660,653

Property information provided by FLKMLS when last listed in 2024. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 33037, FL

Sale history for 237 Atlantic Blvd

Tax history for 237 Atlantic Blvd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 33037

Home values near 237 Atlantic Blvd

More real estate resources