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Sold for $5,000,000
  • $5,000,000

    3036 Sanctuary Ter #202, Key Largo, FL 33037

    4beds
    5,135sqft
    Condominium
    Built in 1998
    -- sqft lot
    $5,079,800 Zestimate®
    $974/sqft
    $-- Estimated rent

    Home value

    $5,079,800

    $4.42M - $5.84M

    Not available

    Zestimate® history
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    What's special

    The ultimate in luxury condominium living and a low-maintenance lifestyle at Ocean Reef Club. We have just completed new exterior renovations, including new roofing, entrance, and lobbies, as well as elevators that open directly into your unit. This condominium offers four bedrooms, four full and one-half baths, an eat-in kitchen with granite countertops, a dining room, and a great room with a wet bar and a den. Features include an open floor plan with multiple seating areas, one-level living, stone floors in the main living areas, and carpeting in the bedrooms. The primary suite offers a private screened patio, spacious bath plus half bath, and his and her walk-in closets. Enjoy indoor and outdoor living with covered wraparound patios and scenic nature views. Includes a new private elevator, a large garage for two cars & two golf carts, as well as a private cabana situated next to the condominium area pool. Sanctuary is an intimate boutique development with just 18 units. Each one is incredibly spacious, with over 4,400 square feet, which is considerably more than most other condos in Ocean Reef. And with all the upgrades coming, it's only getting better. Once construction wraps, there will be a brand-new pool, beautiful cabanas, and a fully rebuilt pool house that's a private party spot—with dining and cooking facilities, all fully air-conditioned. It's destined to become one of the jewels of Ocean Reef, an exclusive enclave for a select number of owners.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Lee,

    Ocean Reef Club Sotheby's International Realty

    Bought with:

    Molly Taylor, Russell Post

    Ocean Reef Club Sotheby's International Realty

    Source: CLS at Ocean Reef,MLS#: 2742MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Microwave
    • Laundry: Laundry Room
    Features
    • Private Elevator
    • Windows: Impact Glass
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total structure area: 5,135
    • Total interior livable area: 5,135 sqft

    Property

    Accessibility
    • Accessibility features: Handicap Accessible, Wheel Chair Accessible
    Features
    • Stories: 1
    • Patio & porch: Terrace
    • Exterior features: Porte-Cochere
    Details
    • Parcel number: 00569448001000
    • Special conditions: Traditional

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • New construction: No
    • Year built: 1998
    • Major remodel year: 2023

    Community & HOA

    Community
    • Subdivision: Sanctuary, The
    HOA
    • Has HOA: Yes
    • HOA fee: $5,800 quarterly
    Location
    • Region: Key Largo

    Financial & listing details

    • Price per square foot: $974/sqft
    • Tax assessed value: $5,317,302
    • Annual tax amount: $20,120
    • Date on market: 10/14/2024

    Price history

    DateEventPrice
    11/21/2025Sold$5,000,000-16.7%$974/sqft
    Source: CLS at Ocean Reef #2742 Report a problem
    10/9/2025Pending sale$6,000,000$1,168/sqft
    Source: CLS at Ocean Reef #2742 Report a problem
    9/30/2025Contingent$6,000,000$1,168/sqft
    Source: CLS at Ocean Reef #2742 Report a problem
    3/31/2025Price change$6,000,000-7.7%$1,168/sqft
    Source: CLS at Ocean Reef #2742 Report a problem
    2/20/2025Listed for sale$6,500,000+64.6%$1,266/sqft
    Source: CLS at Ocean Reef #2742 Report a problem
    6/24/2021Sold$3,950,000-1.3%$769/sqft
    Source: Public Record Report a problem
    6/8/2021Pending sale$4,000,000$779/sqft
    Source: CLS at Ocean Reef #2219 Report a problem
    6/8/2021Listed for sale$4,000,000+28%$779/sqft
    Source: CLS at Ocean Reef #2219 Report a problem
    4/7/2020Sold$3,125,000+42%$609/sqft
    Source: Public Record Report a problem
    5/27/2004Sold$2,200,000+10%$428/sqft
    Source: Public Record Report a problem
    7/30/2003Sold$2,000,000$389/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,739 +3.7%$3,186,770 +2.9%
    2024$20,958 +2%$3,096,959 +3%
    2023$20,541 +4.8%$3,006,757 +3%
    2022$19,609 +5%$2,919,182 +13.8%
    2021$18,667 +24.9%$2,566,097 +45%
    2020$14,945 $1,770,294 +10%
    2019$14,945 +24.9%$1,609,358
    2018$11,961 -2.2%$1,609,358 +2.9%
    2017$12,228 +3%$1,564,478 +5.2%
    2016$11,873 -0.4%$1,487,504
    2015$11,919 $1,487,504
    Find assessor info on the county website

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $5,079,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,079,800