137 Grassy Rd, Key Largo, FL 33037
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OFF MARKET

137 Grassy Rd
Key Largo, FL 33037

  • 3 Beds
  • 2 Baths
  • 1,392 sqft

$862,100

Trulia Estimate
as of Aug 7, 2026
Est. Refi. Payment $5,847/mo*
Refinance Your Home

$862,100

Trulia Estimate
as of Aug 7, 2026
Est. Refi. Payment $5,847/mo*
Refinance Your Home
3 Beds
2 Baths
1,392 sqft

Local Information

  • Map ViewExplore the area around 137 Grassy Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
1,392 sqft
Price/Sqft
$619

About this House

Waterfront Paradise at 137 Grassy Rd, Key Largo, FL 33037

Embrace the quintessential Florida Keys lifestyle in this beautifully remodeled waterfront home, perfectly positioned to offer stunning westerly views over the lake and bay. With seamless access to both the Atlantic Ocean and Florida Bay via the Adams Cut Waterway, this residence is a boater's dream come true.

Key Features:

Spacious Living: This home boasts 3 bedrooms and 2 full bathrooms, complemented by an additional bonus room currently set up as a 4th bedroom, providing ample space for family and guests.

Modern Upgrades: The open-concept living area is bathed in natural light, highlighting a brand-new kitchen equipped with stainless steel appliances, granite countertops, and pristine white cabinetry. Electric Water Heater.

 HANDICAP ACCRESSIBLE

Outdoor Living: Step outside to a lovely grass yard and a fresh pea rock backyard, all within a fully fenced perimeter, ensuring privacy and security.

Boater's Delight: A concrete dock awaits your vessel, offering quick and easy access to open waters, making spontaneous boating adventures a breeze.

Prime Location: Situated just 30 minutes from the mainland and an hour from Miami International Airport, this property combines the tranquility of island living with the convenience of city access.

This turn-key home is ready for you to start living the dream in the Florida Keys. Whether you're seeking a serene retreat or an active waterfront lifestyle, 137 Grassy Rd delivers on all fronts.

Lease Terms for 137 Grassy Rd, Key Largo, FL 33037

Lease Duration:
12-month minimum preferred
Shorter terms (3 6 months) may be considered at a premium seasonal rate

Monthly Rent:
$4,800.00/month

Security Deposit Move-in Costs:
One month's rent (refundable, pending inspection)

Move-in Costs:
First month + security deposit due at signing
Optional: Last month depending on credit history

Utilities:
Included: Lawn care, trash/recycling pickup
Tenant Responsibility: Electric, water, internet, cable

Pet Policy:
Pets considered on a case-by-case basis
Pet deposit: $300 (non-refundable) + $0/month per pet

Smoking Policy:
No smoking allowed inside the home

Occupancy Limit:
Maximum of 6 occupants

Dock & Boating Access:
Dock included with rental
Tenants responsible for vessel registration and proper mooring

Parking:
Ample private parking on-site (including boat trailer space)

Maintenance & Repairs:
Landlord responsible for structural maintenance
Tenant responsible for minor upkeep and notifying landlord promptly of issues

Application Requirements:
Completed application form
Credit/background check
Proof of income (3x monthly rent)
References upon request
137 Grassy Rd, Key Largo, FL 33037 is a 3 bedroom, 2 bathroom, 1,392 sqft single-family home. It last sold for $800,000 on Aug 12, 2025 (16,567% above the $4,800 asking price). More recently, it was listed as a rental in May 2025 with an asking price of $4,800 per month. That rental listing was removed on May 9, 2025. It is currently off market. The Trulia Estimate is $862,100, with a rent estimate of $4,136/month.

Home Details for 137 Grassy Rd

Interior Features

Heating & Cooling
Heating: Wall FurnaceAir ConditioningCooling System: Wall UnitHeating Fuel: Wall Furnace
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Tile
Room & Shared Space
Shared space is furnished

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Exterior Home Features
Lawn
Parking & Garage
Parking: Off Street Parking, On Site

Price History for 137 Grassy Rd

DatePriceEventSource
08/12/2025$800,000Sold
N/A
06/03/2025$849,000PriceChange
MIAMI #A11805817
05/19/2025$900,000Listed For SaleMIAMI #A11805817
05/09/2025$4,800ListingRemovedZillow Rentals
05/08/2025$4,800Listed For RentZillow Rentals
08/14/2020$455,000Sold
FLKMLS #589068
07/07/2020$465,000PendingAgent Provided
05/01/2020$465,000PriceChange
Agent Provided
01/09/2020$475,000Listed For SaleAgent Provided
11/14/2019$500,000ListingRemovedAgent Provided
08/08/2019$500,000Listed For SaleAgent Provided
09/18/2018$320,000Sold
N/A
07/28/2018$375,000Listed For SaleAgent Provided

Market trends in Key Largo

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.44M
$332KMoM
Sale-to-List Price
95.4%
0.1%MoM
Price per sq ft
$853
$131MoM
Available listings
254
23MoM
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Property Tax and Assessment

Year2025
Tax$6,364
Assessment$719,343
Home facts updated by county records

Comparable Sales for 137 Grassy Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
116 Long Key Rd, Key Largo, FL
0.07
Single-Family Home
$1,175,000
06/15/26
3
2
1,472
955 Plantation Rd, Key Largo, FL
0.28
Single-Family Home
$775,000
03/26/26
3
2
1,660
338 Windley Rd, Key Largo, FL
0.24
Single-Family Home
$1,100,000
11/05/25
3
2
1,248
239 Lower Matecumbe Rd #239, Key Largo, FL
0.12
Single-Family Home
$1,200,000
11/18/25
2
2
960
19 Mangrove Ln, Key Largo, FL
0.17
Single-Family Home
$1,362,500
04/20/26
3
3
1,551
4 Norwood Ave, Key Largo, FL
0.24
Single-Family Home
$440,000
10/21/25
3
2
1,066
20 Pelican Rd, Key Largo, FL
0.18
Single-Family Home
$1,260,000
05/21/26
3
3
1,792
1 N End Rd, Key Largo, FL
0.47
Single-Family Home
$650,000
11/17/25
3
2
1,500
949 Plantation Rd, Key Largo, FL
0.27
Single-Family Home
$995,000
06/01/26
4
3
1,502

Nearby homes

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Assigned Schools

These are the assigned schools for 137 Grassy Rd.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Key Largo

At least 96 Trulia users voted on each feature.

  • 92 % Say it's dog friendly

  • 84 % Say parking is easy

  • 79 % Say car is needed

  • 78 % Say yards are well-kept

  • 74 % Say people would walk alone at night

  • 72 % Say there's holiday spirit

  • 66 % Say it's quiet

  • 66 % Say they plan to stay for at least 5 years

  • 63 % Say it's walkable to restaurants

  • 55 % Say neighbors are friendly

  • 55 % Say kids play outside

  • 52 % Say there's wildlife

  • 47 % Say there are community events

  • 46 % Say it's walkable to grocery stores

  • 31 % Say streets are well-lit

  • 23 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Cn68dgn6hz
    "They have Dogs ism assuming they happy with the neighborhood as they are very much friendly is a very nice neighborhood "
    0
    Flag
  • Shaun Matthews
    "I drive everywhere I need to go. Golf carts are permissible in most neighborhoods. Everything is within a 5 min car ride. "
    0
    Flag
  • Dr.mahoney
    "We take care of each other in times of need hurricanes a good example. Animals are safe and people are friendly "
    0
    Flag
  • DC
    "Imagine living in a neighborhood where everyone knows each other and looks out for one another—where you can spend lazy afternoons lounging in beautiful parks or embark on thrilling marine adventures. Your kids will have a blast playing in sports leagues and attending top-notch schools. And the best part? The whole vibe is super chill and welcoming. That's the kind of community you'll find here!"
    0
    Flag
  • Carol Painter
    "Silver Shores is a beautiful 55 and older park! All yards are beautiful with grass, flowers, and trees! All the owners love it here!"
    0
    Flag
  • Deborah Clarke
    "Great neighbors, wonderful parks, beautiful sunsets, great church, great schools to choose from. The bond of our community. Every year our street throws an annual Keys Christmas Party. There is a sense of peace and connection knowing that you are safe and valued in your neighborhood. Everyone is so friendly, which makes it so inviting."
    0
    Flag
  • Karen M.
    "its a tourist spot area and very close to everything that you may need its a small city but very nice place"
    0
    Flag
  • Davius C.
    "It’s pretty dog friendly around here. I always see people walking their dogs. I have three of my own. The neighbors wave and say hi to my dogs while they are walking their dogs"
    0
    Flag
  • Diamonddegree
    "Private and secluded neighborhood at the beginning of the Florida keys. Great diving and snorkeling options "
    1
    Flag
  • Stuart G.
    "my commute is 20 miles but with traffic it takes anywhere from 35 minutes to 2 hours. just depends on the traffic "
    1
    Flag
  • Danlsteadman
    "Dogs are welcome at local restaurants with outside seating. Water bowls are available at these restaurants. "
    0
    Flag
  • Lmgkeys
    "Safe area. Surrounded by the water. Good schools. Great fishing and boating. Kayak and canoeing. Small island nearby."
    0
    Flag
  • Virgil R.
    "There are lots of kids here and watchful parents. So it’s safe for them to play outside and ride their bikes on the back streets. The fathers are outside and monitoring the speed people drive. "
    0
    Flag
  • Ruthrich41
    "We have allowed activities here so we get acquainted with a lot of people in our area and you get to know them and you make friends here we have 240 homes in our compound and a lot of good neighbours are very good friends are here"
    1
    Flag
  • Virgil R.
    "It’s next to the ocean and boat launches and public pools And Public parks where you can walk your dog play tennis do a fitness circuit and volleyball and it’s raining in downtown so it’s easy to leave there and get something to eat"
    1
    Flag
  • mdasca
    "This area is unique because it is close to Miami yet feels like worlds away. This community had neighbors that all have a passion for boating. There is no place in the world like the Florida keys!"
    0
    Flag
  • sherieann2008
    "This is one of the friendliest communities I have ever lived in. The neighbors all know each other and watch out for everyone. We are close to all of the entertainment and dining we want but have the quiet and privacy of a small community - the best of both worlds"
    0
    Flag
  • Lian A.
    "GATED COMMUNITY WITH DEEP WATER DOCKAGE - FAMILY FRIENDLY"
    0
    Flag
  • Kathy D.
    "Key Largo is known for its commuting ease from the Miami Dade area. It has a great Aquatic center, lots of dining options and, as with the rest of the Keys, is known for its water sports which include fishing, diving, kayaking, snorkeling, jet skies etc. The Keys are considered the Caribbean of the US. All the beauty and nice people, no passport."
    0
    Flag
  • Alicia O. L.
    "I have lived here for 7 years and absolutely love it!!!! A.L."
    1
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

52 pet-friendly rentals in Key Largo, FL

Explore by feature - Garage

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Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

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Homes for sale near 137 Grassy Rd

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Off Market Homes Near 137 Grassy Rd

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