Lake Surprise Estates

Lake Surprise Estates is a luxury waterfront community of single family homes in Key Largo, Florida, with a range of options priced between $1,249,000 and $4,217,145. There are currently a total of 5 homes for sale in Lake Surprise Estates. The smallest Lake Surprise Estates home presently available is a two bedroom two bathroom residence that is 2,220 square feet (960SF Under Air living space), and the largest of the Lake Surprise Estates homes currently on the market has five beds and three baths and is a 6,656 square foot (2,848SF Under Air) residence.

Pets are allowed in Lake Surprise Estates. There is a limitation on pet size.

There is one commercial airport that serve Lake Surprise Estates - Miami International Airport (MIA), which is 44 miles away. For those who fly private, there is a private airport nearby: Homestead Arb (HST) which is twenty two miles away.

Lake Surprise Estates real estate activity on the Key Largo MLS during the past year (as of September 2025) reflects five homes changing hands, with an average asking price of $906,800 and an average selling price of $815,000. This represents a list-to-sell price ratio of 90% and $419 per square foot. During this period, Lake Surprise Estates homes for sale have taken an average of 126 days to sell.

In addition, there are numerous other communities in Key Largo to choose from, or you may browse all available Key Largo Real Estate, including some new construction opportunities. Homes for sale in Lake Surprise Estates are selling quickly. Set up a new listing alert, and we will notify you immediately when a new waterfront home in Lake Surprise Estates hits the market. You can also always contact your ZFC Real Estate agent, who would happily assist you further with all your Florida real estate needs.

Lake Surprise Estates Homes For Sale

$4,217,145

MLS#AX-11828339

475 Bahia Honda Rd
Key Largo, FL 33037

5

4

6,656 SqFt

Ocean Access

0.23 Acres

98 Days

New Construction

Reduced

$2,250,000

$2,700,000

MLS#AX-11771309

272 Lower Matecumbe Rd
Key Largo, FL 33037

4

3

Water Front

0.138 Acres

187 Days

New Construction

Reduced

$1,425,000

$1,525,000

MLS#AX-11825733

103 Long Key Rd
Key Largo, FL 33037

3

2

4,045 SqFt

Water Front

0.149 Acres

103 Days

Under Contract

$1,275,000

$1,325,000

MLS#AX-11590544

338 Windley Rd
Key Largo, FL 33037

3

2

2,724 SqFt

Ocean Access

0.138 Acres

501 Days

Reduced

$1,249,000

$1,299,999

MLS#AX-11824992

239 Lower Matecumbe Rd
Key Largo, FL 33037

2

2

2,220 SqFt

Ocean Access

0.138 Acres

104 Days

5 Active Listings in Lake Surprise Estates