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For sale
  • $14,500,000

    24 Dispatch Creek Ct, Key Largo, FL 33037

    5beds
    8,618sqft
    : 
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    Single Family Residence
    Built in 2005
    0.7 Acres Lot
    $14,100,400 Zestimate®
    $1,683/sqft
    $-- HOA

    What's special

    Waterfront livingTwo primary suitesExtensive dockageAbundant natural lightSummer kitchenCovered seating areasLush tropical landscaping
    Tucked away at the end of a quiet cul-de-sac, 24 Dispatch Creek Court offers a rare combination of privacy, scale, and waterfront living in one of Ocean Reef's most desirable settings. Situated on an expansive 30,542-square-foot homesite with 280 feet of water frontage along picturesque Dispatch Creek, this exceptional residence is just a short boat ride from the Main Marina and the Ocean Reef entrance channel. Designed to accommodate large families and multigenerational living, the home encompasses approximately 8,600 square feet of thoughtfully designed living space. The floor plan features two primary suites, three additional guest bedrooms with ensuite baths, and an elegant study with private bath that can easily serve as a sixth bedroom. A chef's kitchen with butler's pantry serves as the heart of the home and opens seamlessly to a spacious family room, creating an inviting gathering space for everyday living. Formal living and dining rooms, soaring first-floor ceilings, abundant natural light, an elevator, and two separate laundry rooms further enhance the home's comfort and functionality. Walls of glass open to an impressive outdoor living environment where covered seating areas, a summer kitchen, and a stunning infinity-edge pool create the perfect backdrop for entertaining family and friends. Lush tropical landscaping surrounds the property, enhancing both beauty and privacy while framing long water views. The lower level offers a two-car garage with generous additional space for golf carts, vehicles, and scooters, along with substantial storage areas for boating gear, recreational equipment, and seasonal belongings. With extensive dockage, exceptional privacy, and a flexible floor plan designed for comfortable everyday living, 24 Dispatch Creek Court presents a rare opportunity to enjoy the very best of the Ocean Reef lifestyle.
    7 days
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    572
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    22
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Post/ Taylor Group,

    Ocean Reef Club Sotheby's International Realty

    Source: CLS at Ocean Reef,MLS#: 5032MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 8
      • Full bathrooms: 7
      • 1/2 bathrooms: 1
      Appliances
      • Included: Washer, Dryer, Dishwasher, Freezer, Refrigerator, Microwave
      • Laundry: Laundry Room
      Features
      • Private Elevator
      • Furnished: Yes
      Interior area
      • Total structure area: 8,618
      • Total interior livable area: 8,618 sqft

      Property

      Features
      • Stories: 2
      • Patio & porch: Deck/Patio
      • Exterior features: Dock
      Lot
      • Size: 0.7 Acres
      Details
      • Parcel number: 00573630001900
      • Special conditions: Traditional

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 2005

      Community & HOA

      Community
      • Subdivision: Not Condo or Condo Outside MLS Area
      Location
      • Region: Key Largo

      Financial & listing details

      • Price per square foot: $1,683/sqft
      • Tax assessed value: $9,040,574
      • Annual tax amount: $58,337
      • Date on market: 6/25/2026

        Estimated market value

        $14,100,400

        $13.40M - $14.81M

        $6,839/mo

        Price history

        DateEventPrice
        6/25/2026Listed for sale$14,500,000+114.8%$1,683/sqft
        Source: CLS at Ocean Reef #5032 Report a problem
        8/21/2020Sold$6,750,000-11.8%$783/sqft
        Source: Public Record Report a problem
        7/17/2020Pending sale$7,650,000$888/sqft
        Source: Ocean Reef Club Sotheby's International Realty #1713 Report a problem
        4/14/2019Listed for sale$7,650,000+47.1%$888/sqft
        Source: Ocean Reef Club Sotheby's International Realty #1713 Report a problem
        6/3/2016Sold$5,200,000-31.6%$603/sqft
        Source: Public Record Report a problem
        4/1/2016Pending sale$7,600,000$882/sqft
        Source: Russell Post Sotheby's International Realty #OR486 Report a problem
        7/29/2014Listed for sale$7,600,000$882/sqft
        Source: Russell Post Sotheby's International Realty #OR486 Report a problem
        5/23/2014Listing removed$7,600,000+8.6%$882/sqft
        Source: Russell Post Sotheby's International Realty #OR486 Report a problem
        11/8/2012Sold$7,000,000-10.3%$812/sqft
        Source: Public Record Report a problem
        3/12/2010Listing removed$7,800,000$905/sqft
        Source: Russell Post Sotheby's International Realty #1710628 Report a problem
        12/3/2009Listed for sale$7,800,000+51.5%$905/sqft
        Source: Russell Post Sotheby's International Realty #1710628 Report a problem
        2/6/2006Sold$5,150,000+415%$598/sqft
        Source: Public Record Report a problem
        2/28/2003Sold$1,000,000$116/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$58,338 +6.4%$8,216,274 +10%
        2024$54,838 +5%$7,469,340 +10%
        2023$52,234 +23.3%$6,790,309 +10%
        2022$42,354 +5%$6,173,008 +10%
        2021$40,334 +0.5%$5,611,825 +3.5%
        2020$40,151 $5,420,180 -4.3%
        2019$40,151 +5%$5,663,620 +26.4%
        2018$38,253 +14.8%$4,479,487 +0.6%
        2017$33,333 +0.8%$4,452,703 +5.8%
        2016$33,078 +2.5%$4,210,535 +5.3%
        2015$32,272 $4,000,144

        Find assessor info on the county website

        Monthly payment

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        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

        8 / 100
        Car-Dependent
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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