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Sold for $675,000
    • $675,000

    123 Ocean Bay Dr, Key Largo, FL 33037

    3beds
    1,206sqft
    Single Family Residence
    Built in 1970
    5,227 Square Feet Lot
    $678,500 Zestimate®
    $560/sqft
    $4,024 Estimated rent

    Home value

    $678,500

    $604,000 - $760,000

    $4,024/mo

    Zestimate® history
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    What's special

    Completely remodeled homeNew roofDesigner featuresNew kitchenImpact windows and doorUpdated bathroomsCustom fencing
    Completely remodeled home with designer features. Looking for a modern up dated home. This home is for you. New roof, new kitchen, updated bathrooms, Impact windows and door. custom fencing and land scapng. Privacy fencing surrounding this home makes this home a private Oasis, Walking distance to the Sailing Club, Multiple Sunset Celebration point an fine restaurants. biking distance to Key Largo Park and Jacobs Aquatic center, professional Pickle ball courts, and the YMCA t the park.

    Zillow last checked:

    Listing updated:

    Listed by:

    Diana Lynn Fiddes 305-393-0721,

    Coldwell Banker Schmitt Key Largo

    Bought with:

    Ruben A. Diaz, 3244593

    A.M. Realty Corp.

    Source: FLKMLS,MLS#: 620357MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Dryer, Dishwasher, Refrigerator, Range, Oven, Stainless Steel Appliance(s)
    Interior area
    • Total structure area: 1,206
    • Total interior livable area: 1,206 sqft

    Property

    Features
    • Levels: Ground Level
    Lot
    • Size: 5,227 Square Feet
    Details
    • Parcel number: 00497210000000
    • Zoning: RM-1 - Residential Medium - 1

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame, Hardi Board Siding
    Condition
    • Year built: 1970

    Community & HOA

    Community
    • Subdivision: Lazy Lagoon (100.0)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Key Largo

    Financial & listing details

    • Price per square foot: $560/sqft
    • Tax assessed value: $529,294
    • Annual tax amount: $4,682
    • Date on market: 8/27/2026

    Price history

    DateEventPrice
    9/29/2026Sold$675,000$560/sqft
    Source: FLKMLS #620357 Report a problem
    8/27/2026Pending sale$675,000$560/sqft
    Source: FLKMLS #620357 Report a problem
    8/17/2026Contingent$675,000$560/sqft
    Source: FLKMLS #620357 Report a problem
    7/28/2026Price change$675,000-2.9%$560/sqft
    Source: Key West AOR #620357 Report a problem
    7/2/2026Listing removed$3,750$3/sqft
    Source: Zillow Rentals Report a problem
    6/22/2026Listed for sale$695,000+275.7%$576/sqft
    Source: FLKMLS #620357 Report a problem
    6/5/2026Price change$3,750-5.1%$3/sqft
    Source: Zillow Rentals Report a problem
    3/24/2026Listed for rent$3,950$3/sqft
    Source: Zillow Rentals Report a problem
    4/6/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/19/2024Price change$3,950-7.1%$3/sqft
    Source: Zillow Rentals Report a problem
    2/13/2024Listed for rent$4,250+10.4%$4/sqft
    Source: Zillow Rentals Report a problem
    1/10/2023Listing removed--
    Source: Zillow Rentals Report a problem
    12/9/2022Listed for rent$3,850$3/sqft
    Source: Zillow Rentals Report a problem
    2/7/2022Sold$185,000$153/sqft
    Source: FLKMLS #598672 Report a problem
    12/2/2021Price change$185,000-67%$153/sqft
    Source: FLKMLS #598672 Report a problem
    11/29/2021Listed for sale$560,000$464/sqft
    Source: Key West AOR #598448 Report a problem
    11/22/2021Contingent$560,000$464/sqft
    Source: Key West AOR #598448 Report a problem
    11/11/2021Listed for sale$560,000+40%$464/sqft
    Source: Key West AOR #598448 Report a problem
    6/18/2021Sold$400,000-10.9%$332/sqft
    Source: Public Record Report a problem
    3/25/2021Price change$449,000-5.5%$372/sqft
    Source: MIAMI #A11018653 Report a problem
    2/27/2021Listed for sale$475,000$394/sqft
    Source: FLKMLS #594897 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,683 +13.5%$442,020 +10%
    2024$4,126 +12.6%$401,836 +10%
    2023$3,663 +19.1%$365,305 +20.7%
    2022$3,076 +9.2%$302,623 +31%
    2021$2,818 +3.8%$230,981 +10%
    2020$2,713 $209,983 -18.1%
    2019$2,713 +7.5%$256,437 +26.6%
    2018$2,523 +10.3%$202,480 -0.6%
    2017$2,287 +3.6%$203,685 +4.8%
    2016$2,207 +2.1%$194,304 +7.2%
    2015$2,162 $181,319
    Find assessor info on the county website

    Neighborhood: 33037

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    Estimated market value
    $678,500
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    Estimated market value
    $678,500

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