Welcome to your turnkey Florida Keys Oasis. It's big, it's beefy, and it's a whole lot of tropical fun. From exquisite modern details to a vibe that just says ahhhh. Spacious, and built in 2019 with solid CBS construction, impact windows and doors and a comfort level perfect for full-time island living or an easy South Florida weekend escape. This elegant 5 Bedroom / 4 Bathroom coastal home delivers three private ensuites, a beautiful chef's kitchen, multiple balconies, and exceptional outdoor living spaces to set the tropical mood. The bright second level features a wide-open great room, dining area, and a stunning kitchen with a prep / dining island, custom cabinetry, and stainless appliances. Impact sliders extend the living space to the first balcony, perfect for morning coffee or sunset cocktails. This floor also includes one ensuite bedroom, two guest rooms, and a full bath. Upstairs, you'll find another private ensuite plus a spacious Primary Suite with an elegant Primary bath and a breezy upper balcony ideal for unwinding. Every room feels refined, calm, and connected to the tropical surroundings. Downstairs, the ground level transforms into your island fun-zone, with an extra-large covered patio for entertaining rain or shine, a heated pool for year-round enjoyment, and a complete boater's setup with two boat lifts (14K & 10K), dockside water and electric, and a fish-cleaning station ready for your catch. Low-maintenance turf, crown molding, electric blinds, remote thermostats, a laundry room, pantry, and a built-in elevator shaft add even more convenience. Quick access from Miami/Fort Lauderdale, excellent boating fishing, and diving, modern construction, and a relaxed tropical vibe make this Key Largo home a true standout. THIS is exceptional Florida Keys living!
Single-familyProperty Type
2019Year Built
6,000 sq ftLot Size
$792Price/Sq.Ft.
Listed by Mykael Marinelli• American Caribbean Real Estate, Christie's International Real Estate
Bought with outside mls - FKBR FKBR• Outside Of MLS - FKBR
Est. $7,112 per month, based on comparable rentals
Sale and tax history for 254 Lower Matecumbe Rd
Sale History
Tax History
Date
Event
Price
FLKMLS #617320
Jun 9, 2026
Sold
$2,200,000
$792/sq ft
Jun 8, 2026
Contingent
—
Apr 20, 2026
Price Changed
$2,300,000
$828/sq ft
Feb 6, 2026
Price Changed
$2,400,000
$864/sq ft
Nov 14, 2025
Listed
$2,500,000
$900/sq ft
Public Records
Aug 18, 2003
Sold
$265,000
$95/sq ft
Public Records
May 7, 1999
Sold
$84,000
$30/sq ft
Public Records
Aug 30, 1988
Sold
$50,000
$18/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,790 (+7.8%)
2024
$10,013 (+11.6%)
2023
$8,973 (+11.3%)
2022
$8,058 (+13.9%)
2021
$7,074 (−0.9%)
$248,310 + $536,379
$784,689
2020
$7,138 (+155.6%)
$248,310 + $538,556
$786,866
2019
$2,793 (+2.7%)
$248,310 + $538,556
$786,866
2018
$2,718 (+6.0%)
2017
$2,565 (+5.5%)
$186,900 + $35,818
$222,718
2015
$2,432 (+1.1%)
$187,257 + $37,293
$224,550
2014
$2,405
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
6,000 Sq. Ft.
Year renovated
2019
Sq. Ft.
2,778
Year built
2019
Style
Single Family Residential
County
Monroe County
APN
3160 40 00534340000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
URM
III
Urban Residential—Mobile Home District
The purpose of the URM district is to recognize the existence of established mobile home parks and subdivisions, but not to create new such areas, and to provide for such areas to serve as a reservoir of affordable and moderate-cost housing in the county.
Zone overlays
Tier III Overlay District
Permitted uses
Include but are not limited to:
Housing-Multiple units
Infrastructure
Housing-Mobile home park
Park & open space
Property details
Parking
Parking / Garage Information
Vehicle Storage: Carport, Trailer Storage, RV Parking Open