
16 Tarpon Ave, Key Largo FL 33037, KEY LARGO, FL, 33037
Active162 days on marketListed Feb 25, 2026MLS #A11972239
About this home
16 Tarpon Ave, Key Largo FL 33037
Located in the heart of Key Largo, 16 Tarpon Ave presents a rare opportunity to build your dream coastal retreat on an expansive 15,000 sq ft lot. This prime property comes with permits and fully approved plans for a stunning 2,869 sq ft residence featuring 4 bedrooms and 3 bathrooms. The thoughtfully designed floor plan offers spacious open-concept living areas, generous bedrooms, and seamless indoor-outdoor flow. Expansive wrap-around balconies enhance the design, providing multiple vantage points to enjoy ocean breezes, tropical surroundings, and elevated views. The plans also include a spectacular rooftop deck with sweeping ocean views — the perfect setting for sunrise coffee, sunset gatherings, or entertaining under the stars. Adding to the appeal, the neighborhood features a community beach and boat ramp, offering easy access to the water and embracing the ultimate Florida Keys boating lifestyle. The property is also conveniently located near John Pennekamp Coral Reef State Park, renowned for its world-class snorkeling, diving, and marine sanctuary. With approvals already secured, you can bypass the lengthy permitting process and move directly toward construction. Whether you’re building a luxury primary residence, vacation home, or investment property, this oversized lot and ready-to-build package offer exceptional value in one of South Florida’s most desirable coastal communities.
Facts & features
The home at a glance
0.32 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,353 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,353/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Key Largo
Get to know Key Largo. See the full Key Largo guide →
KEY LARGO 33037 — neighborhood snapshot
Population
13,674
Median age
54.2
Median income
$80,911
Median home value
$660,700
Avg household
2.34
Households w/ children
999
For the school run
Monroe County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Key Largo market
$1.1M → $910K
Key Largo median sold, yr/yr
95.6%
Sale-to-list ratio (12 mo)
Median sold price, Key Largo, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 3% below the KEY LARGO 33037 median. See the full Key Largo market guide →
Paper trail
This home's history
Reality check
What actually sold near 16 Tarpon Ave
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$800,000
24 Tarpon Ave, Key Largo FL 33037 · same community
3 bd · 2 ba · 1,333 sqft · $600/sqft · 15 DOM
Sold · Jun ’26$1,800,000
65 Tarpon Ave, Key Largo FL 33037
3 bd · 2.5 ba · 118 DOM
Sold · Jan ’26$1,850,000
272 Lower Matecumbe Rd, Key Largo FL 33037
4 bd · 3 ba · 263 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 16 Tarpon Ave — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 16 Tarpon Ave — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
16 Tarpon Ave FAQs
What would the monthly payment be for 16 Tarpon Ave, Key Largo FL 33037?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,353/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 16 Tarpon Ave, Key Largo FL 33037?+
The most recent tax bill on record (2025) was $3,572. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Key Largo?+
At $675,000, this home is listed about 23% below the Key Largo median of $877,000. The market section on this page shows how the area is trending.
Which schools are assigned to 16 Tarpon Ave, Key Largo FL 33037?+
Coral Shores High School (high) — Monroe County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of Homesellers Real Estate Services · Eduardo Hernandez. MLS #A11972239.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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