NEW 22 HRS AGO

For sale

$769,000

Est. $5,073/mo —

•

988

sq ft

750 Madrid Rd, Key Largo, FL 33037

About this home

750 Madrid Road - Key Largo, Florida Beautifully Updated 2-Bedroom, 2-Bath Home in a Great Key Largo Family Neighborhood! This beautifully updated 2-bedroom, 2-bath home offers an impressive list of recent improvements and is located in a wonderful family-friendly neighborhood, conveniently close to schools and John Pennekamp Coral Reef State Park. Recent upgrades include a new 3.5-ton air-conditioning system with new duct work, a new furnace, a new hot water heater, new kitchen appliances, and beautifully remodeled bathrooms. Tile flooring throughout provides easy Florida Keys living, while the stunning Dade County pine ceilings add warmth, character, and a rare architectural feature that is increasingly difficult to find. The home has been freshly painted inside and out and includes new window blinds, new smoke detectors, and four new ceiling fans--four inside and four outside. New exterior lighting has been added to both the front and rear of the home. Additional improvements include new fencing and an electronic entry gate, providing added privacy and convenience. A stack washer and dryer is conveniently located in the guest bathroom. The durable metal roof and extensive list of recent upgrades make this home ready to enjoy. There are 3 decks to relax and enjoy on. Located in a great family neighborhood close to local schools and John Pennekamp Coral Reef State Park, this home offers the opportunity to enjoy the best of the Florida Keys lifestyle while being conveniently situated near some of Key Largo's most popular amenities. A wonderful opportunity to own a beautifully updated Key Largo home with character, comfort, and an exceptional list of improvements!

Single-familyProperty Type

1987Year Built

5,775 sq ftLot Size

$778Price/Sq.Ft.

4 spacesParking

Listed by Jane Wasmund • RE/MAX All Keys Real Estate

Listed by Wendy Ives • RE/MAX All Keys Real Estate

Listing updated: Sep 5, 2026 at 03:16pm

Redfin checked: a minute ago

•Source:FLKMLS #621220

Payment calculator

$5,073 per month

Principal and interest$4,041

Property taxes

$70

HOA dues

Home insurance

$961

Utilities

Add

5 minutes to get started. No credit impact.

Mortgage resources

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 10AM TO 2PM
$429,000
2 beds2 baths920 sq ft
505 N Ruby Ave, Key Largo, FL 33037
OPEN TODAY, 10:30AM TO 1PM
$599,995
2 beds2 baths852 sq ft
14 Bonita Ave, Key Largo, FL 33037
(954) 545-5583
OPEN TODAY, 11AM TO 2PM3D WALKTHROUGH
$3,999,999
5 beds3.5 baths2,848 sq ft
475 Bahia Honda Rd, Key Largo, FL 33037
OPEN TODAY, 4PM TO 6PM
$29,000
2 beds1 bath700 sq ft
36 E 2nd Unit 3P, Key Largo, FL 33037
OPEN TODAY, 4PM TO 6PM
$880,000
4 beds2 baths1,804 sq ft
187 & 189 Casa Court Dr, Key Largo, FL 33070
OPEN TODAY, 5PM TO 7PM3D WALKTHROUGH
$2,890,000
5 beds4 baths— sq ft
34 Atlantic Dr, Key Largo, FL 33037
(954) 545-5583
OPEN SEP 7, 1AM TO 3PM
$3,250,000
4 beds4 baths2,700 sq ft
501 Caribbean Dr, Key Largo, FL 33037
OPEN SEP 10, 9AM TO 11AM
$699,000
3 beds2 baths1,306 sq ft
129 Tavern Dr, Tavernier, FL 33070
OPEN SEP 10, 9AM TO 11AM
$3,450,000
4 beds3 baths3,204 sq ft
168 Indian Mound Trl, Tavernier, FL 33070
OPEN SEP 12, 10AM TO 1PM3D WALKTHROUGH
$735,000
4 beds2 baths2,283 sq ft
304 2Nd Ter, Key Largo, FL 33037

Around this home

Schools

K - 12
Preschool & daycare

Key Largo School

Public PreK-8 • Assigned • 2.6mi

8/10

Coral Shores High School

Public 9-12 • Assigned • 11.9mi

5/10

Provided by GreatSchools

About Bahia Mar

Estates

Bahia Mar Estates, located between U.S. 1 and Florida Bay, is a canal-front and low-density Key Largo neighborhood with private docks and a salt-air, boating-first rhythm. The neighborhood’s character concentrates around the U.S. 1 corridor near Caribbean Club, where tiki-lit patios, marina traffic, and sunset chatter set the tone. Architecture leans to elevated Keys cottages and concrete-block homes built for breezes and water views. Days revolve around skiffs in the canals, kayaks on the bay, and quick runs to the reef. Community touchstones include the Caribbean Club, Jimmy Johnson’s Big Chill, and the Florida Keys History & Discovery Center.

Provided by Walk Score and Local Logic

Market insights

750 Madrid Rd · $769,000

DAYS ON MARKET

The average home goes pending in 164 days.

SALE-TO-LIST

Most homes are selling 5% below list price.

LIST PRICE

Median sale price in this area is $1,171,762. (52% higher than this home)

PRICE DROP

17% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Interior features
Built-in cabinets
Storage
Granite countertops
Glass doors
Impact-resistant windows and doors
Ceiling fans
Central heating and central A/C
Furniture negotiable

Bathrooms
2 full bathrooms

Kitchen
Dishwasher
Stainless steel appliances
Disposal
Oven
Range
Refrigerator
Granite countertops

Laundry & utility
Laundry room

Flooring
Tile floors

Heating & cooling
Central heating
Central A/C
Ceiling fans

Sale and tax history for 750 Madrid Rd

Sale History
Tax History

Date

Event

Price

FLKMLS #621220

Sep 2, 2026

Listed

$769,000

$778/sq ft

MARMLS #A11566049

Jun 30, 2024

Relisted

—

May 31, 2024

Relisted

—

Apr 9, 2024

Listed

$900,000

$911/sq ft

FLKMLS #604979

Jun 21, 2023

Sold

$629,000

$637/sq ft

May 12, 2023

Contingent

—

Apr 17, 2023

Listed

$629,000

$637/sq ft

MARMLS #A11373602

Jun 21, 2023

Sold

$629,000

$637/sq ft

May 13, 2023

Contingent

—

Apr 17, 2023

Listed

$629,000

$637/sq ft

This beautiful well maintained CBS stilt home has 2br/2ba, offers a remodeled kitchen with granite counter tops, backsplash, tile floors throughout, wood ceiling and a new Trex wood deck. Metal roof and impact windows provide durability and protection. Mature vegetation will set the mood for total relaxation. Near John Pennekamp State Park, restaurants and shopping. Minutes to Miami. Easy to show.

Public Records

Jul 11, 2005

Sold

$379,500

$384/sq ft

FLKMLS #528360

May 16, 2005

Listed

$389,000

$394/sq ft

Public Records

Aug 27, 1996

Sold

$102,000

$103/sq ft

Public Records

Feb 18, 1988

Sold

$75,000

$76/sq ft

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

5,775 Sq. Ft.

Year renovated

2010

Finished Sq. Ft.

988

Unfinished Sq. Ft.

—

Total Sq. Ft.

988

Year built

1987

Style

Single Family Residential

County

Monroe County

APN

2261 39 00544170000000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 10, 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

Climate risks

6/10 Flood Factor

Estimated 48-58% 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 107° expected this year, 32 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

Redfin Estimate for 750 Madrid Rd

$755,527

$13K under list price of $769K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $610K to $1.2M.

SOLD AUG 3, 2026
$650,000 Last sold price
2 beds1 bath855 sq ft
70 Shoreland Dr, Key Largo, FL 33037
$18/sq ft
larger lot
15 years older
SOLD JUN 22, 2026
$715,000 Last sold price
3 beds2 baths1,260 sq ft
40 Transylvania Ave, Key Largo, FL 33037
$211/sq ft
larger lot
9 years older
SOLD AUG 20, 2026
$730,000 Last sold price
3 beds2 baths1,222 sq ft
9 Transylvania Ave, Key Largo, FL 33037
$181/sq ft
larger lot
9 years older
SOLD MAY 6, 2026
$610,000 Last sold price
2 beds1.5 baths1,152 sq ft
527 Plante St, Key Largo, FL 33037
$248/sq ft
larger lot
22 years older
SOLD JUL 1, 2026
$1,200,000 Last sold price
3 beds2 baths1,125 sq ft
104 8th Ln, Key Largo, FL 33037
$289/sq ft
9 years newer
SOLD JUN 26, 2026
$610,000 Last sold price
3 beds2 baths1,540 sq ft
460 Lime Dr, Key Largo, FL 33037
$382/sq ft
24 years newer

Rental earnings

Est. $4,469 per month, based on comparable rentals

Contact listing agent

Jane Wasmund

RE/MAX All Keys Real Estate

305-451-7704

janewasmund@bellsouth.net

At this time, Redfin doesn't have an agent available to help you with this home.