Wooded lot is very private with 27,470 sq ft. lot size. Situated within the natural hammock. Potential to build a 2- story 2,500SF home based on the building approval process with the County. OR -as the lowest-priced property, it makes sense to acquire an Equity Membership and have the freedom to rent whatever you like and for however long you wish to rent.
Lot/land
$1,055,000
4 Mahogany Ln, Ocean Reef, FL 33037
--beds
--baths
0.63Acres
Vacant Lot
Built in ----
0.63 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Wooded lotVery private
- 101 days |
- 240 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Roberta Watson,
Watson Luxury Properties at Ocean Reef
Source: CLS at Ocean Reef,MLS#: 2954
Facts & features
Property
Lot
- Size: 0.63 Acres
Details
- Parcel number: 00573690000400
- Special conditions: Traditional
Community & HOA
Location
- Region: Ocean Reef
Financial & listing details
- Tax assessed value: $842,529
- Annual tax amount: $5,503
- Date on market: 5/13/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$4,678/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Listed for sale | $1,055,000-3.7% |
Source: | ||
| 3/16/2026 | Listing removed | $1,095,000 |
Source: | ||
| 3/2/2026 | Price change | $1,095,000-4.8% |
Source: | ||
| 1/6/2026 | Listed for sale | $1,150,000+15.6% |
Source: | ||
| 7/8/2024 | Sold | $995,000 |
Source: | ||
| 5/31/2024 | Contingent | $995,000 |
Source: | ||
| 5/24/2024 | Listed for sale | $995,000 |
Source: | ||
| 4/29/2024 | Contingent | $995,000 |
Source: | ||
| 4/19/2024 | Listed for sale | $995,000+285.7% |
Source: | ||
| 11/20/2018 | Sold | $258,000+473.3% |
Source: Public Record Report a problem | ||
| 7/20/1994 | Sold | $45,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,674 +56.4% | $842,529 +74.6% |
| 2024 | $3,629 -3.1% | $482,686 +10% |
| 2023 | $3,745 +39.1% | $438,805 +10% |
| 2022 | $2,693 +4.4% | $398,914 +10% |
| 2021 | $2,580 -8% | $362,649 -6.8% |
| 2020 | $2,805 | $389,248 +10% |
| 2019 | $2,805 +10.3% | $353,862 -8% |
| 2018 | $2,542 +13.5% | $384,618 +19% |
| 2017 | $2,239 +15.2% | $323,106 +7.3% |
| 2016 | $1,944 +3% | $301,226 +69.1% |
| 2015 | $1,886 | $178,168 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 11.5 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 26 mi
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A local agent can set up tours, give advice and negotiate with sellers.




