Beautifully renovated and set across one and a half spectacular lots, this three-bedroom, three-bathroom home is nestled in one of Ocean Reef's most sought-after neighborhoods. Designed with both comfort and style in mind, it's the perfect setting for hosting family gatherings or entertaining friends. The expansive living spaces flow seamlessly into a spacious pool area and inviting lanai, creating an ideal backdrop for relaxed indoor-outdoor living.
For sale
$5,350,000
28 Bay Ridge Rd, Key Largo, FL 33037
3beds
1,528sqft
:
Get pre-qualified$32,978/mo
Single Family Residence
Built in 1968
0.45 Acres Lot
$4,979,100 Zestimate®
$3,501/sqft
$-- HOA
What's special
Beautifully renovatedInviting lanaiThree-bedroom three-bathroom homeSpacious pool areaExpansive living spaces
- 85 days |
- 373 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Helena Morton,
Ocean Reef Club Sotheby's International Realty
Source: CLS at Ocean Reef,MLS#: 5019
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: Washer, Dryer, Dishwasher, Freezer, Refrigerator, Microwave
Features
- Furnished: Yes
Interior area
- Total structure area: 1,528
- Total interior livable area: 1,528 sqft
Property
Accessibility
- Accessibility features: Handicap Accessible
Features
- Stories: 1
Lot
- Size: 0.45 Acres
Details
- Parcel number: 0051200000000
- Special conditions: Traditional
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1968
Community & HOA
Community
- Subdivision: Not Condo or Condo Outside MLS Area
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $3,501/sqft
- Tax assessed value: $3,794,611
- Annual tax amount: $18,113
- Date on market: 5/6/2026
Estimated market value
$4,979,100
$4.73M - $5.23M
$5,098/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listed for sale | $5,350,000+256.7%$3,501/sqft |
Source:  CLS at Ocean Reef #5019 Report a problem | ||
| 2/18/2020 | Sold | $1,500,000-13%$982/sqft |
Source: CLS at Ocean Reef #1767 Report a problem | ||
| 2/3/2020 | Pending sale | $1,725,000$1,129/sqft |
Source: Ocean Reef Club Sotheby's International Realty #1767 Report a problem | ||
| 9/10/2019 | Listed for sale | $1,725,000+538.9%$1,129/sqft |
Source: Ocean Reef Club Sotheby's International Realty #1767 Report a problem | ||
| 4/7/1994 | Sold | $270,000$177/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,868 +8.6% | $1,876,786 +10% |
| 2024 | $17,371 +11.1% | $1,706,169 +10% |
| 2023 | $15,632 +23% | $1,551,063 +10% |
| 2022 | $12,709 +33.3% | $1,410,057 +10% |
| 2021 | $9,532 +12% | $1,281,870 +18.7% |
| 2020 | $8,513 | $1,079,576 +5.2% |
| 2019 | $8,513 +12% | $1,026,394 -0.3% |
| 2018 | $7,601 +2.5% | $1,029,923 +3.5% |
| 2017 | $7,417 +6.6% | $994,757 +1.6% |
| 2016 | $6,958 +0.2% | $978,874 +1% |
| 2015 | $6,945 | $969,422 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 13.3 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 27.7 mi
- $1,750,000-- sqft27-28 Gatehouse Rd #AS, Key Largo, FL 33037Sold
- $5,028,8003 bd3 ba2k sqft19 Perky Rd, Key Largo, FL 33037Off Market
- $4,385,9003 bd2 ba1.9k sqft30 Bay Ridge Rd, Key Largo, FL 33037Off Market
- $7,083,7004 bd4 ba2.9k sqft26 Bay Ridge Rd, Key Largo, FL 33037Off Market
- $10,822,3003 bd4 ba3.1k sqft23 Bay Ridge Rd, Key Largo, FL 33037Off Market
- $3,635,8002 bd2 ba1k sqft17 Perky Rd, Key Largo, FL 33037Off Market
- $10,333,6004 bd4 ba3.1k sqft21 Bay Ridge Rd, Key Largo, FL 33037Off Market
- $16,236,9005 bd7 ba6.7k sqft25 Bay Ridge Rd, Key Largo, FL 33037Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $5,250,0002 bd2 ba1.1k sqft308 Carysfort Road, Key Largo, FL 33037For Sale
MLS ID #3971, Parris Everhart. CLS at Ocean Reef - $6,150,0004 bd3 ba1.9k sqft47 Pumpkin Cay Rd #A, Key Largo, FL 33037For Sale
MLS ID #5036, Roberta Watson. CLS at Ocean Reef - $5,190,0002 bd3 ba2k sqftResidence Club C-117 - Ocean Reef, Key Largo, FL 33037For Sale
MLS ID #2891, Post/ Taylor Group. CLS at Ocean Reef - $4,995,0002 bd3 ba2k sqftResidence Club B-207 - Ocean Reef, Key Largo, FL 33037For Sale
MLS ID #2927, Cassy Everhart, Morgan Smith. CLS at Ocean Reef - $3,275,0002 bd2 ba1.7k sqftPumpkin Cay 18B - Ocean Reef, Key Largo, FL 33037For SaleMLS ID #5035, Post/ Taylor Group. CLS at Ocean Reef
- $3,999,9992 bd3 ba1.8k sqftResidence Club, Key Largo, FL 33037For SaleMLS ID #5020, Post/ Taylor Group. CLS at Ocean Reef
- $3,495,0002 bd2 ba1.2k sqft29 Fishermans Cv #A, Key Largo, FL 33037For SaleMLS ID #5003, Andrew Hofmann. CLS at Ocean Reef
- $2,750,0002 bd2 ba1.2k sqftFairway Lakes 28 - A, Key Largo, FL 33037For SaleMLS ID #2870, Cassy Everhart, Morgan Smith. CLS at Ocean Reef
- $2,998,0003 bd4 ba1.9k sqft626 Island Dr, Key Largo, FL 33037For SaleMLS ID #619468, SALLY STRIBLING, P.A., Coldwell Banker Schmitt Key Largo. FLKMLS
- $2,750,0001 bd2 ba1.4k sqftResidence Club B211 - Ocean Reef, Key Largo, FL 33037For SaleMLS ID #4984, Amy Fernandez. CLS at Ocean Reef
