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For sale
  • $3,999,999

    1 Residence Ln #Penthouse 5, Key Largo, FL 33037

    2beds
    1,858sqft
    : 
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    Condominium
    Built in 2021
    -- sqft lot
    $3,782,700 Zestimate®
    $2,153/sqft
    $2,606/mo HOA

    What's special

    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.
    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#: 5020MLS Logo

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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

        DateEventPrice
        5/8/2026Listed for sale$3,999,999-7%$2,153/sqft
        Source: CLS at Ocean Reef #5020 Report a problem
        4/30/2026Listing removed$4,299,000$2,314/sqft
        Source: CLS at Ocean Reef #2765 Report a problem
        9/6/2025Listed for sale$4,299,000-9.5%$2,314/sqft
        Source: CLS at Ocean Reef #2765 Report a problem
        6/2/2025Listing removed$4,750,000$2,557/sqft
        Source: CLS at Ocean Reef #2765 Report a problem
        11/1/2024Listed for sale$4,750,000$2,557/sqft
        Source: CLS at Ocean Reef #2765 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        Getting around

        10 / 100
        Car-Dependent
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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