This beautifully appointed penthouse residence at The Residence Club offers an effortless blend of luxury, comfort, and full-service living. Spanning approximately 1,858 square feet, this light-filled end unit enjoys an abundance of natural light through expansive windows and doors that create a bright, airy atmosphere throughout the home. Thoughtfully designed and impeccably decorated, the residence exudes a relaxed sophistication with refined finishes and inviting living spaces. The well-appointed kitchen features high-end appliances, generous counter seating, and opens seamlessly into the main living and dining areas, creating an ideal setting for both casual mornings and elegant entertaining. Just beyond, the private balcony offers a tranquil space to relax and dine al fresco, complemented by a charming built-in banquette dining area perfectly positioned to enjoy the tropical surroundings and soft Ocean Reef breezes. Both spacious bedrooms offer walk-in closets and private ensuite baths, creating luxurious retreats for owners and guests alike. Every detail of this penthouse has been curated to deliver a lifestyle that is equally elegant and effortless. Life at The Residence Club is truly elevated. Owners enjoy an exceptional collection of private amenities and attentive services rarely found within Ocean Reef Club. Thanks to the dedicated full-time staff, including a general manager, front desk concierge, hospitality team, and maintenance crew, ensuring every detail is handled with care and professionalism. Amenities include a private residents-only restaurant, state-of-the-art fitness center, golf simulator, movie theater, card room, covered parking with elevator access, generous storage rooms, and additional golf cart parking. Safe, peaceful, and remarkably convenient, this is lock-and-leave living at its finest within one of the most exclusive private club communities in the country.
For sale
$3,999,999
1 Residence Ln #Penthouse 5, Key Largo, FL 33037
2beds
1,858sqft
Condominium
Built in 2021
-- sqft lot
$3,782,700 Zestimate®
$2,153/sqft
$2,606/mo HOA
What's special
- 57 days |
- 84 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Post/ Taylor Group,
Ocean Reef Club Sotheby's International Realty
Source: CLS at Ocean Reef,MLS#: 5020
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Appliances
- Included: Washer, Dryer, Dishwasher, Freezer, Refrigerator, Microwave
Features
- Furnished: Yes
Interior area
- Total structure area: 1,858
- Total interior livable area: 1,858 sqft
Property
Features
- Stories: 1
Details
- Parcel number: 00572611005305
- Special conditions: Traditional
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- New construction: No
- Year built: 2021
Community & HOA
Community
- Subdivision: Residence Club
HOA
- Has HOA: Yes
- HOA fee: $7,819 quarterly
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $2,153/sqft
- Annual tax amount: $17,213
- Date on market: 5/8/2026
Estimated market value
$3,782,700
$3.59M - $3.97M
$5,539/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Listed for sale | $3,999,999-7%$2,153/sqft |
Source: | ||
| 4/30/2026 | Listing removed | $4,299,000$2,314/sqft |
Source: | ||
| 9/6/2025 | Listed for sale | $4,299,000-9.5%$2,314/sqft |
Source: | ||
| 6/2/2025 | Listing removed | $4,750,000$2,557/sqft |
Source: | ||
| 11/1/2024 | Listed for sale | $4,750,000$2,557/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 12.4 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 26.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Monroe County
- Key Largo
- 33037
- 1 Residence Ln Unit Penthouse 5






