5 Palm Dr, Key Largo, FL 33037
Property image
Property image
OFF MARKET

$995,900

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,051 sqft (on 0.56 acres)

5 Palm Dr, Key Largo, FL 33037

Est. Refi. Payment $6,775/mo*
Refinance Your Home
Currently Off Market - Sold Apr 25, 2025 for $985,000

Home Value

Trulia Estimate
$996K
Since last month
Increased$6K (+0.6%)
Since last year
Increased$3K (+0.3%)
Since last sale
Increased$11K (+1.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +39% in the last 10 years
MonthEstimated value
2026
August 2026$996K
August 2026$996K
July 2026$990K
June 2026$979K
May 2026$957K
April 2026$969K
March 2026$966K
February 2026$979K
January 2026$973K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.06
Single-Family Home
$762,000
03/16/26
3
2
2,262
0.12
Single-Family Home
$598,000
12/24/25
3
2
1,136
0.22
Single-Family Home
$965,000
05/15/26
3
2
1,680
0.09
Single-Family Home
$616,000
10/14/25
3
2
1,112
0.53
Single-Family Home
$800,000
01/12/26
2
2
-
0.40
Single-Family Home
$575,000
01/20/26
2
2
1,056
1.83
Single-Family Home
$1,100,000
02/06/26
3
2
1,536
1.87
Single-Family Home
$1,560,000
10/27/25
3
2
1,680
1.96
Single-Family Home
$650,000
11/17/25
3
2
1,500
1.87
Single-Family Home
$1,000,050
10/02/25
3
3
2,380

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.05
-
-
-
-
Off Market
0.06
$762,000
3
2
2,262
Recently Sold
0.08
-
-
-
-
Off Market
0.09
$625,700
3
2
1,112
Off Market
0.11
$732,000
2
2
1,685
Off Market
0.11
$778,600
3
2
1,937
Off Market
0.12
$598,000
3
2
1,136
Recently Sold
0.13
$260,000
-
-
-
For Sale
0.22
$279,100
2
1
1,073
Off Market
0.22
$750,000
4
2
1,664
For Sale
0.22
$965,000
3
2
1,680
Recently Sold

Local Information

  • Map ViewExplore the area around 5 Palm Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1997
0.56 acre lot
2,051 sqft
$486/sqft
Attached Garage
HOA $11/mo

About this House

GREAT VALUE in this 4 car garage, screened pool and CBS home in popular Gulfstream Shores. This remarkable ground-level home spans three lots in a coveted area of north Key Largo. The spacious residence features a layout designed for both comfort and entertainment. A split floorplan offers a primary suite on the West wing of the home and secondary bedrooms on the other side with the kitchen in the center as the heart of the home.

The home is characterized by its solid concrete construction, offering durability and peace of mind. Conveniently attached is a 2 car garage, with an additional detached 4 car garage providing ample storage space for vehicles or vessels. For relaxation and recreation, a screened-in pool enhances the outdoor living experience with minimal upkeep.

Located just a short stroll from the oceanfront homeowner's park, residents can enjoy access to a private boat ramp and exceptional boating opportunities. Gulfstream Shores is ideally situated, offering a tranquil lifestyle just a short drive from Miami and the prestigious Ocean Reef Club.

Discover the perfect blend of coastal living and modern comfort.
5 Palm Dr, Key Largo, FL 33037 is a 3 bedroom, 2 bathroom, 2,051 sqft single-family home built in 1997. It last sold for $985,000 on Apr 25, 2025 (10% below the $1,099,999 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $995,900, with a rent estimate of $4,593/month.
Last check for updates: about 3 hours ago
Listed by Walters Luxury Group Gloria, Rachel and Michaela Walters, (305) 942-6834
Ocean Sotheby's International Realty
Bought with: Tara Graham, (786) 586-9648, The Keyes Company
Source: FLKMLS, MLS#612852

Home Details for 5 Palm Dr

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2051 Square Feet
Appliances & Utilities
Utilities: Cable AvailableAppliances: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Freezer, Stainless Steel Appliance(s)DishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Has Heating Unspecified TypeHas CoolingAir Conditioning: Central Air,Ceiling Fans(s)Has HeatingHeating Fuel: Has Heating Unspecified Type
Windows, Doors, Floors & Walls
Flooring: Tile
Levels, Entrance, & Accessibility
Levels: Ground LevelFloors: Tile
View
No View
Security
Security: No Security

Exterior Features

Exterior Home Features
Patio / Porch: Screened PatioExterior: Rain Gutters, StorageHas a Private Pool
Parking & Garage
Has a GarageHas an Attached GarageHas Open ParkingParking: Attached,Open,RV Access/Parking,Storage
Pool
Pool: In Ground, Concrete, Decked, Screen EnclosurePool
Frontage
Not on Waterfront

Property Information

Year Built
Year Built: 1997
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: CBS, ConcreteNot a New Construction
Property Information
Condition: Updated/Remodeled

Price & Status

Price
List Price: $1,099,999

Active Status

MLS Status: Closed

Location

Direction & Address
City: Key LargoCommunity: Gulfstream Shores (KL) (905.0)

Building

Building Area
Building Area: 2051 Square Feet

Community

Community Features: Community Boat Ramp

HOA

HOA Fee Includes: Common Area MntHas an HOAHOA Fee: $130/Annually

Lot Information

Lot Area: 0.56 acres

Offer

Listing Terms: No Seller Finance, Cash, Conventional

Miscellaneous

Mls Number: 612852

Additional Information

Community Boat Ramp

Price and Tax history

DateEventPrice
Apr 25, 2025
Source: FLKMLS #612852
Sold
$985,000
Apr 25, 2025
Source: FLKMLS #612852
Pending
$1,099,999
Mar 5, 2025
Source: FLKMLS #612852
Contingent
$1,099,999
Dec 27, 2024
Source: Key West AOR #612852
Listed For Sale
$1,099,999
Sep 6, 2024
Source: Key West AOR #610580
ListingRemoved
$1,099,999

Market trends in Key Largo

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.4M
$41.67K
MoM
Sale-to-List Price
95.7%
0.4%
MoM
Price per sq ft
$803
$38
MoM
Available listings
241
14
MoM

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

  • 45 % 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 "
  • Shaun Matthews
    "I drive everywhere I need to go. Golf carts are permissible in most neighborhoods. Everything is within a 5 min car ride. "
  • Dr.mahoney
    "We take care of each other in times of need hurricanes a good example. Animals are safe and people are friendly "
  • DC
    "Imagine living in a neighborhood where everyone knows each other and looks out for one anotherโ€”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!"
  • 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!"
  • 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."
  • Karen M.
    "its a tourist spot area and very close to everything that you may need its a small city but very nice place"
  • Davius C.
    "Itโ€™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"
  • Diamonddegree
    "Private and secluded neighborhood at the beginning of the Florida keys. Great diving and snorkeling options "
  • Stuart G.
    "my commute is 20 miles but with traffic it takes anywhere from 35 minutes to 2 hours. just depends on the traffic "
  • Danlsteadman
    "Dogs are welcome at local restaurants with outside seating. Water bowls are available at these restaurants. "
  • Lmgkeys
    "Safe area. Surrounded by the water. Good schools. Great fishing and boating. Kayak and canoeing. Small island nearby."
  • Virgil R.
    "There are lots of kids here and watchful parents. So itโ€™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. "
  • 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"
  • Virgil R.
    "Itโ€™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 itโ€™s raining in downtown so itโ€™s easy to leave there and get something to eat"
  • 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!"
  • 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"
  • Lian A.
    "GATED COMMUNITY WITH DEEP WATER DOCKAGE - FAMILY FRIENDLY"
  • 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."
  • Alicia O. L.
    "I have lived here for 7 years and absolutely love it!!!! A.L."

LGBTQ Local Legal Protections

MLS Internet Data Exchange (IDX) information is provided exclusively for consumersโ€™ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys MLS.

Frequently asked questions about 5 Palm Dr

  • What is 5 Palm Dr estimated to be worth?
    Trulia's estimated value for 5 Palm Dr in Key Largo, FL is $995,900.
  • What is the price history for 5 Palm Dr?
    5 Palm Dr in Key Largo, FL last sold for $985,000 in April 2025.
  • Is Key Largo a buyer's or seller's market?
    Key Largo is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Key Largo?
    The median sale price in Key Largo is $1.4M. That is down $41.67K from the prior month.
  • Does 5 Palm Dr have air conditioning?
    Yes, 5 Palm Dr in Key Largo, FL has air conditioning.
  • Does 5 Palm Dr have a pool?
    Yes, 5 Palm Dr in Key Largo, FL has a pool.

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