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1021 Valencia Road, Key Largo, FL 33037

$695,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,148 Lot Size (sq. ft.): 5,250 Status: Active
Current Price: $695,000 List Date: 11/03/2025 Last Modified: 3/26/2026

Overview

Description

This is now an income producing property, lease signed for an annual tenant at $3500 a month! Lease starts May 1st, 2026! Purchase now and you have guaranteed income for a year!! Brand new bedroom floors and a fresh coat of paint make this move-in ready 3 bedroom, 2 bathroom CBS home shine from the moment you walk in. Built in 2014, this newer Key Largo property offers lower insurance potential thanks to its strong construction features including a metal roof, impact windows and doors, and elevated durability throughout. Located in the sought after Bahia Mar subdivision, the home sits on a fully fenced lot that delivers exceptional privacy with no neighbors across the street. The bright open floor plan includes brand new appliances, spacious living areas, and thoughtful design that suits both full-time living and seasonal use. Outside, enjoy covered parking and a generous yard with room to add a pool or outdoor entertaining space. The property backs directly to John Pennekamp ...

Listing Details MLS# 617159

Location, Tax & Legal

Street #
1021
Street Name
Valencia
Street Suffix
Road
Key/Island
Key Largo
State/Province
FL
Zip Code
33037
County
Monroe
Subdivision
Bahia Mar (102.5)
Area
27 - Key Largo MM 97-107
City
KEY LARGO
Mile Marker
102.5
Marathon Neighborhood
N/A
Side
Ocean
Flood Zone
AE
Alternate Key #
1668524
Parcel #
00545010-000000
Zoning
IS - Improved Subivision District
Deed Restrictions
No
Legal
BK 9 LT 17 BAHIA MAR EST PB4-79 KEY LARGO OR313-100/01 OR1947-2488 OR2609-1072 OR2704-855 OR2810-405/06 OR2878-1620/21 O
Taxes
5099.18
Tax Year
2024
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Florida Keys
As is Rght to Inspct
Yes
Species List
No

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
No
Pool
No
Year Built
2014
Lot SqFt
5250
Lot Sqft Source
Property Data Card
Acres
0.12
Living Apx SqFt
1148
SqFt Source
Property Data Card
Total Bedrooms
3
Full Baths
2
Total Baths
2
Rentals Allowed
With Restrictions
Min Rental Days
28
Control Depth
0
Total Units
0

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Association Fee $
0

Building Style

Above Flood
Yes

More Information

Remarks & Misc

Remarks – Consumer
This is now an income producing property, lease signed for an annual tenant at $3500 a month! Lease starts May 1st, 2026! Purchase now and you have guaranteed income for a year!! Brand new bedroom floors and a fresh coat of paint make this move-in ready 3 bedroom, 2 bathroom CBS home shine from the moment you walk in. Built in 2014, this newer Key Largo property offers lower insurance potential thanks to its strong construction features including a metal roof, impact windows and doors, and elevated durability throughout. Located in the sought after Bahia Mar subdivision, the home sits on a fully fenced lot that delivers exceptional privacy with no neighbors across the street. The bright open floor plan includes brand new appliances, spacious living areas, and thoughtful design that suits both full-time living and seasonal use. Outside, enjoy covered parking and a generous yard with room to add a pool or outdoor entertaining space. The property backs directly to John Pennekamp Coral Reef State Park, providing quick access to boat launches and world-class water activities. This home combines modern construction, low maintenance features, and a peaceful setting, making it an ideal choice for first time home buyers, vacation home seekers, or anyone looking for a private coastal retreat in Key Largo.

Fee Includes

None
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Oven
Yes
Refrigerator
Yes
Stainless Steel Appliance(s)
Yes
Washer
Yes

Pets

Pets Allowed
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Floor

Laminate
Yes
Tile
Yes

Interior Features

Granite Counter Top
Yes

Windows/Doors

Impact Rstnce Doors
Yes
Impact Rstnce Window
Yes

Vehicle Storage

Carport
Yes
Covered Parking
Yes
Off Street Parking
Yes

Construction

CBS
Yes

Land Size

Less Than 1/4 Acre
Yes

Furnished

Unfurnished
Yes

Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Utilities

Buyer to Verify
Yes
Cable Available
Yes
Elect Separate Meter
Yes
FKAA
Yes
Water Separate Meter
Yes

Porch/Balcony

Open Porch/Balcony
Yes

Title

Title Ins - Buyer
Yes

Exterior Features

Fencing
Yes

Pre-Wired

Cable
Yes

Roof

Metal Roof
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Carport; Covered Parking; Off Street Parking Furnished: Unfurnished Cooling: Central Air Heating: Central Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Water Separate Meter Interior Features: Granite Counter Top Pre-Wired: Cable Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Fencing Construction: CBS Floor: Laminate; Tile Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; FHA; VA Title: Title Ins - Buyer
Listing Office: American Caribbean Real Estate, Christie's International Real Estate
Last Updated: March - 26 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.
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