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.
For sale
$14,500,000
24 Dispatch Creek Ct, Key Largo, FL 33037
5beds
8,618sqft
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
- 7 days |
- 572 |
- 22 |
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#: 5032
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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
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listed for sale | $14,500,000+114.8%$1,683/sqft |
Source: | ||
| 8/21/2020 | Sold | $6,750,000-11.8%$783/sqft |
Source: Public Record Report a problem | ||
| 7/17/2020 | Pending sale | $7,650,000$888/sqft |
Source: Ocean Reef Club Sotheby's International Realty #1713 Report a problem | ||
| 4/14/2019 | Listed for sale | $7,650,000+47.1%$888/sqft |
Source: Ocean Reef Club Sotheby's International Realty #1713 Report a problem | ||
| 6/3/2016 | Sold | $5,200,000-31.6%$603/sqft |
Source: Public Record Report a problem | ||
| 4/1/2016 | Pending sale | $7,600,000$882/sqft |
Source: Russell Post Sotheby's International Realty #OR486 Report a problem | ||
| 7/29/2014 | Listed for sale | $7,600,000$882/sqft |
Source: Russell Post Sotheby's International Realty #OR486 Report a problem | ||
| 5/23/2014 | Listing removed | $7,600,000+8.6%$882/sqft |
Source: Russell Post Sotheby's International Realty #OR486 Report a problem | ||
| 11/8/2012 | Sold | $7,000,000-10.3%$812/sqft |
Source: Public Record Report a problem | ||
| 3/12/2010 | Listing removed | $7,800,000$905/sqft |
Source: Russell Post Sotheby's International Realty #1710628 Report a problem | ||
| 12/3/2009 | Listed for sale | $7,800,000+51.5%$905/sqft |
Source: Russell Post Sotheby's International Realty #1710628 Report a problem | ||
| 2/6/2006 | Sold | $5,150,000+415%$598/sqft |
Source: Public Record Report a problem | ||
| 2/28/2003 | Sold | $1,000,000$116/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $4,000,144 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 26.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Monroe County
- Key Largo
- 33037
- 24 Dispatch Creek Ct



