Community · Key Largo, FL
Lake Surprise Estates Key Largo, FL Homes For Sale & Real Estate
Lake Surprise Estates, Key Largo, FL, is a community in Monroe County with 3 homes for sale right now. Construction dates to 2020 through 2025.
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Lake Surprise Estates Market at a Glance
Live MLS · Updated Oct 13, 2026
- Active Inventory
- 3
- New Listings (30d)
- 0
- Pending Sales
- 0
- Median List Price
- $3,800,000
- Avg Days on Market
- 45
Residential MLS data for Lake Surprise Estates, updated nightly. View full market reports →
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Market Overview
Lake Surprise Estates real estate market
There are 3 active listings for sale in Lake Surprise Estates right now. The median list price is $3,800,000, or about $1369 per square foot. Listings span $2,800,000 to $3,899,999, so there is inventory across most budgets. Homes are averaging 45 days on market. These figures update from the MLS as the market moves.
Lake Surprise Estates Market Stats
MLS data updated October 13, 2026- Active Listings
- 3
- Median List Price
- $3,800,000
- Median $/Sq Ft
- $1369
- Avg Days on Market
- 45
- Price Range
- $2,800,000 to $3,899,999
Frequently Asked Questions
- How many homes are for sale in Lake Surprise Estates?
- There are 3 active listings for sale in Lake Surprise Estates right now, and these counts update from the MLS as homes come on the market and go under contract. Prices sit in a narrow band here, so homes in Lake Surprise Estates tend to compete directly with each other. Ask us to set up a search alert and you will see new Lake Surprise Estates listings the day they reach the market.
- What is the median home price in Lake Surprise Estates?
- The median list price in Lake Surprise Estates is $3,800,000, or roughly $1369 per square foot. The median is the midpoint of what is currently listed, so about half of Lake Surprise Estates homes ask more and half ask less, within a broader range of $2,800,000 to $3,899,999. The median sits high in that range, so most Lake Surprise Estates homes are nearer the top and the cheapest listings are the exception. We can pull recent comparable sales to price a specific home more precisely.
- What price range do homes in Lake Surprise Estates cover?
- Homes for sale in Lake Surprise Estates currently range from about $2,800,000 at the entry level to $3,899,999 at the top of the market. That spread reflects lot size, square footage, and finish level across the single-family homes here, with the median list price around $3,800,000. The spread is tight, which usually points to a consistent housing stock rather than a mix of sizes and eras. Tell us your budget and must-haves and we will send the Lake Surprise Estates listings that actually fit.
- How long do homes take to sell in Lake Surprise Estates?
- Homes in Lake Surprise Estates are averaging 45 days on market, measured from the day a listing goes live to the day it goes under contract. That is a brisk pace, close to what a balanced South Florida market looks like, so a sharply priced home rarely lingers. Days on market in Lake Surprise Estates also shift with the season and with how a home is priced, so a sharply priced listing can still sell well ahead of the average.
About Lake Surprise Estates
Lake Surprise Estates, Key Largo, FL, is a community in Monroe County with 3 homes for sale right now. Construction dates to 2020 through 2025. Listings update from the MLS nightly.
Homes & Architecture
Homes for sale in Lake Surprise Estates
Homes for sale in Lake Surprise Estates offer 4 to 5 bedrooms and 3 to 5 baths. Living areas run from about 2,000 to 3,773 square feet. The mix here includes single family homes. Current prices run from $2,800,000 to $3,899,999. The homes on the market were built between 2020 and 2025.
Schools
Schools near Lake Surprise Estates
Homes for sale in Lake Surprise Estates are typically zoned for the Key Largo public schools below, based on current MLS listings. Confirm the exact attendance zone for any specific address with the Monroe school district before you buy.
- Elementary School
- Key Largo
- Middle School
- Key Largo
- High School
- Coral Shores
Map
Where Lake Surprise Estates is in Key Largo
Centred on the homes listed and recently sold in Lake Surprise Estates.
HOA
Does Lake Surprise Estates have an HOA?
All 3 homes for sale in Lake Surprise Estates right now report no homeowners association. That means no monthly association fee, but also no shared rules or amenities run by an association. Check the listing and the property records for any deed restrictions before you buy.
Market & Value
Lake Surprise Estates market and home values
Values in Lake Surprise Estates track the community's own sales more closely than any broad regional number. The median list price in Lake Surprise Estates is around $3,800,000, or roughly $1,369 per square foot. That sits about 293% above the Monroe County median, which shows where Lake Surprise Estates lands in the local market. Recent asking prices have run from $2,800,000 to $3,899,999, so the home you choose within Lake Surprise Estates matters as much as the community average. Homes here have recently taken about 45 days to go under contract, a useful gauge of how quickly the Lake Surprise Estates market is moving. For pricing an offer or a listing, comparable sales within Lake Surprise Estates carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity can pull the active and recently sold homes in Lake Surprise Estates so you work from real numbers, not an estimate.
How It Compares
Lake Surprise Estates compared to nearby Key Largo communities
Lake Surprise Estates carries the highest median of the 7 Key Largo communities compared here. Price per square foot is the fairer comparison between communities, because it adjusts for the fact that one neighborhood builds bigger homes than another. Days on market shows how quickly each one is actually selling.
| Community | Homes | Median | $/Sq Ft | Days |
|---|---|---|---|---|
| Lake Surprise Estates this page | 3 | $3,800,000 | $1,369 | 45 |
| Key Largo Ocean Resort Co | 14 | $950,000 | $610 | 212 |
| Sunrise Point Rev | 3 | $869,000 | $562 | 294 |
| Largo Sound Park | 3 | $774,900 | $656 | 304 |
| Calusa Campground | 24 | $430,000 | $827 | 203 |
| Largo Gardens | 4 | $369,900 | $386 | 161 |
| Mandalay | 3 | $59,000 | $70 | 133 |
Medians come from active listings in each community and move as inventory turns over. They describe the homes currently for sale, not what any one home is worth.
Who It Suits
Is Lake Surprise Estates right for you?
A quick read on who fits Lake Surprise Estates saves time before you visit. Lake Surprise Estates suits a range of buyers, from first-time owners to move-up families, who want a home in Key Largo with the everyday conveniences of the area close by. On price, Lake Surprise Estates sits at the luxury end of the market, where buyers weigh the specific home, its finishes, and its setting closely. Whether Lake Surprise Estates is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity can walk you through the tradeoffs before you commit.
Amenities & Lifestyle
Living in Lake Surprise Estates
Lake Surprise Estates is a residential neighborhood, and its homeowners association maintains the shared areas and community standards.
Location
Lake Surprise Estates location
Lake Surprise Estates is located in Key Largo, part of Monroe County, Florida. The Key Largo area's shopping, dining, schools, and parks are all nearby, and the region's job centers, beaches, and airports are within driving distance.
Buying in Lake Surprise Estates
Buying a home in Lake Surprise Estates
Buying in Lake Surprise Estates follows the same path as the rest of Monroe County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Monroe County is about $3,943. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Key Largo means you see new listings in Lake Surprise Estates the day they reach the market.
Selling in Lake Surprise Estates
Selling a home in Lake Surprise Estates
A successful sale in Lake Surprise Estates comes down to pricing, presentation, and marketing. List prices in Lake Surprise Estates currently center around $3,800,000, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Lake Surprise Estates owners in Key Largo, so you can see what your property could sell for before you commit to listing.
Thinking of Selling?
What is your Lake Surprise Estates home worth?
Online estimates miss what makes a home different. Tell us about yours and a licensed listing agent will send you a pricing opinion based on what has actually closed near you in Lake Surprise Estates.
Listing agents and seller representation in Lake Surprise Estates
Thinking about selling in Lake Surprise Estates? The agent you pick shapes two numbers: what your home closes for, and how long it takes. A listing agent, also called a seller's agent, prices the property against what has actually closed nearby. They also prepare and market it, screen the offers that arrive, and negotiate the terms rather than just the price.
Conditions in Lake Surprise Estates sit close to balanced, which rewards sellers who price against real closed sales instead of neighboring asking prices. Homes here are averaging about 45 days from listing to accepted offer, so build that into your moving timeline.
Community-level detail matters most here. Association rules, what the fees cover, and which buildings sell fastest all affect your outcome. So does whether a buyer needs board approval before closing. None of it appears in a listing description. All of it decides whether a sale closes on time.
Pure Equity is a licensed Florida brokerage serving Lake Surprise Estates. Onias Derilus is the broker of record, Florida Real Estate Broker license BK3276618. A broker holds a higher license than an agent working under one. In practice that means the person advising you on price is also the one legally responsible for the file. That matters most when a deal gets complicated.
More on this: how to choose a listing agent · selling a Florida house from another state
Realtors and real estate agents serving Lake Surprise Estates
People search for realtors, real estate agents, and real estate brokers more or less interchangeably. For most purposes the job title matters less than licensing and representation. Every licensed agent in Florida works under a broker. That broker carries final responsibility for the transaction.
What separates real estate professionals in Lake Surprise Estates is specificity. Can they answer questions about your street, not just your city? Ask what they have closed nearby and how they arrived at a price. A grounded answer cites particular recent sales. It also explains why those homes compare to yours. Vague reassurance is the warning sign.
More on this: what is a comparative market analysis? · appraisal vs CMA: which number should you trust? · selling and buying at the same time
Buyer's agents in Lake Surprise Estates
A buyer's agent represents the purchaser rather than the owner. They identify properties that actually fit and research what comparable homes sold for, not what they asked. They also advise on offer strategy. Finally, they manage inspection and financing deadlines through to closing.
Where buyers have room to negotiate, as they do in Lake Surprise Estates, the leverage is only worth something if you know where it exists and what to ask for. If you are buying and selling at the same time, which is common for people moving within Monroe County, sequencing the two is its own skill: contingencies, timing, and what happens if one closing slips all need planning before either home goes on the market.
What representation costs
Real estate commissions are negotiable. No law, multiple listing service, or association sets them. If an agent tells you there is a standard rate, they are misinforming you. What you pay is agreed between you and the brokerage you hire. Get it in writing before the work begins.
Industry rules changed in 2024. Now a buyer and their agent must put compensation in a written buyer agreement before touring homes together. Sellers may still offer to contribute toward the buyer's side. However, that is negotiated rather than assumed. It is worth thinking through with your listing agent before you go live.
More on this: how commission is actually structured · what Florida sellers have to disclose · showings, access and what buyers notice
Buying Instead?
Search Lake Surprise Estates with someone local
We will tell you which listings are worth your time, what comparable homes actually closed for, and how to structure an offer that holds up through inspection and financing.
Frequently asked questions
How do I find a listing agent in Lake Surprise Estates?
Ask any listing agent you interview two questions. Which homes have they closed near Lake Surprise Estates, and how did they arrive at their suggested price? A grounded answer names recent closed sales. It also explains why those homes compare to yours. With a median around $3,800,000 here, the gap between realistic pricing guidance and optimistic guidance is real money. Verify the license too. Florida licenses are public and searchable through the state's DBPR portal. Pure Equity is a licensed brokerage serving Monroe County. You can reach the broker directly at (561) 835-5400.
What does a seller's agent actually do?
A seller's agent prices the home against comparable closed sales. Before it goes live, they advise on repairs and presentation. Then they handle photography and marketing, and put the home in front of buyers and other agents. When offers arrive, they screen them and negotiate both price and terms. Terms matter as much as the number, because inspection windows, financing contingencies, and closing dates all affect whether an offer reaches the closing table.
How much does a real estate agent cost in Lake Surprise Estates?
Commissions are fully negotiable. No law or real estate board sets them. What you pay is whatever you and your brokerage agree to in writing before work begins. Since the 2024 rule changes, buyers and their agents must agree compensation in a written buyer agreement before touring homes. Any seller contribution toward the buyer's side is negotiated rather than automatic. Ask any agent you interview to put their fee in writing.
What is the difference between a realtor, a real estate agent, and a broker?
A real estate agent holds a state license to represent buyers and sellers. A broker holds a higher-level license and can operate a brokerage. That broker also carries final legal responsibility for the office's transactions. Realtor is a membership term for agents belonging to the National Association of Realtors. For someone buying or selling in Lake Surprise Estates, three practical questions matter. Is the person licensed, who do they represent in your transaction, and what can they actually tell you about your local market?
Do I need an agent to buy a home in Lake Surprise Estates?
You are not legally required to use one, but most buyers in Lake Surprise Estates do. A buyer's agent handles the parts that are easy to get wrong. That means identifying what comparable homes actually closed for, spotting condition or association issues early, and managing inspection and financing deadlines. Even in a slower market, negotiating room is only useful if you know where it exists.
Can one agent help me sell my current home and buy the next one?
Yes. For people moving within Monroe County it is often the more practical route, because one person coordinates both timelines. Sequencing is the hard part. Should your purchase be contingent on your sale? How would you cover a gap if the closings do not line up? What happens if one side is delayed? Plan all of that before either home is listed, rather than after an offer arrives.
Public Records
Look up Lake Surprise Estates property records
Anything on this page that affects what a home costs to own, assessed value, exemptions, flood zone, is published by a public agency. These are the official sources, not our summaries of them.
Florida property appraisers by county
Assessed value, homestead exemption status, and recorded sales history for any parcel.
FEMA Flood Map Service Center
Look up the official flood zone for an address before you budget for insurance.
Florida Department of Revenue, property taxes
How Florida assesses property, and which exemptions you can claim.
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