Gracious waterfront living awaits at 15 Harbor Island Drive, a spacious 5,400 sq. ft. family retreat tucked within one of Ocean Reef's most private and picturesque neighborhoods. Located on a quiet street surrounded by sparkling canals, this two-story residence offers exceptional indoor–outdoor living and an ideal layout for both multi-generational families and effortless entertaining. The home features five en-suite bedrooms, including a grand first-floor primary suite with soaring ceilings, dual walk-in closets, and two full baths. Sliders open directly to the pool deck, creating a serene extension of the suite. A second guest suite is also located on the main level, along with a separate laundry room and a private office for quiet productivity. A formal living room, dining room, and media room provide multiple gathering spaces, while the open-concept family room seamlessly blends the gourmet kitchen, dining area, and separate wet bar with the expansive pool patio. Custom millwork, crown molding, marble floors, and thoughtful architectural details create a sense of understated sophistication throughout. Upstairs, a striking iron-and-brass staircase leads to three additional guest suites and a spacious media room with a built-in Murphy bed for overflow guests—ideal for larger families and holiday gatherings. Boaters will appreciate the 75' dock system, complete with a fixed dock, floating dock, and lift suitable for large center consoles. Impact windows, a three-car garage, courtyard entry, and pavered circular driveway add to the home's ease of living. Whether hosting outdoor dinners on the covered pool patio, enjoying peaceful afternoons by the water, or setting out for a day on the ocean, this Harbor Island residence offers the finest in private waterfront living at Ocean Reef.
For sale
$10,875,000
15 Harbor Island Dr, Key Largo, FL 33037
5beds
5,454sqft
Single Family Residence
Built in 2000
0.45 Acres Lot
$10,116,600 Zestimate®
$1,994/sqft
$-- HOA
What's special
Courtyard entryThree-car garageFive en-suite bedroomsSeparate laundry roomCovered pool patioCustom millworkMedia room
- 264 days
- 372
- 8
Zillow last checked:
Listing updated:
Listed by:
Post/ Taylor Group,
Ocean Reef Club Sotheby's International Realty
Source: CLS at Ocean Reef,MLS#: 2952
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Appliances
- Included: Washer, Dryer, Dishwasher, Freezer, Refrigerator, Microwave
Features
- Office/Den
- Has fireplace: Yes
- Furnished: Yes
Interior area
- Total structure area: 5,454
- Total interior livable area: 5,454 sqft
Video & virtual tour
Property
Features
- Stories: 2
- Patio & porch: Terrace
- Exterior features: Dock
- On waterfront: Yes
Lot
- Size: 0.45 Acres
Details
- Parcel number: 00573670005500
- Special conditions: Traditional
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 2000
Community & HOA
Community
- Subdivision: Not Condo or Condo Outside MLS Area
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $1,994/sqft
- Tax assessed value: $5,574,801
- Annual tax amount: $38,120
- Date on market: 1/2/2026
Estimated market value
$10,116,600
$9.61M - $10.62M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Price change | $10,875,000+9%$1,994/sqft |
Source: | ||
| 1/28/2026 | Price change | $9,975,000-9.1%$1,829/sqft |
Source: | ||
| 1/2/2026 | Listed for sale | $10,975,000-7%$2,012/sqft |
Source: | ||
| 5/30/2025 | Listing removed | $11,800,000$2,164/sqft |
Source: | ||
| 10/24/2023 | Listed for sale | $11,800,000$2,164/sqft |
Source: | ||
| 4/19/2023 | Listing removed | -- |
Source: | ||
| 3/24/2023 | Listed for sale | $11,800,000+118.7%$2,164/sqft |
Source: | ||
| 5/7/2015 | Listing removed | $5,395,000$989/sqft |
Source: Russell Post Sotheby's International Realty #OR544 Report a problem | ||
| 5/18/2014 | Price change | $5,395,000-6.2%$989/sqft |
Source: Russell Post Sotheby's International Realty #OR544 Report a problem | ||
| 12/4/2013 | Listed for sale | $5,750,000+38.6%$1,054/sqft |
Source: Russell Post Sotheby's International Realty #OR544 Report a problem | ||
| 7/16/2007 | Sold | $4,150,000+690.5%$761/sqft |
Source: Public Record Report a problem | ||
| 7/30/1999 | Sold | $525,000+425%$96/sqft |
Source: Public Record Report a problem | ||
| 4/1/1997 | Sold | $100,000-59.2%$18/sqft |
Source: Public Record Report a problem | ||
| 5/17/1995 | Sold | $245,000$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $38,120 +84.6% | $5,574,801 +83% |
| 2024 | $20,654 +2.2% | $3,046,392 +3% |
| 2023 | $20,208 +4.8% | $2,957,663 +3% |
| 2022 | $19,292 -3.4% | $2,871,518 +3% |
| 2021 | $19,972 +0.6% | $2,787,882 +1.4% |
| 2020 | $19,844 | $2,749,391 +3.3% |
| 2019 | $19,844 +3.1% | $2,662,474 +1.9% |
| 2018 | $19,249 -0.4% | $2,612,831 +2.1% |
| 2017 | $19,323 +2.3% | $2,559,091 -10.6% |
| 2016 | $18,892 -16.3% | $2,862,826 +9.4% |
| 2015 | $22,583 | $2,615,824 |
Find assessor info on the county website
Monthly payment
Est. payment






