Skip main navigation
Off market
  • $14,636,200

    42 Island Dr, Key Largo, FL 33037

    4beds
    3,936sqft
    SingleFamily
    Built in 2003
    0.48 Acres Lot
    $14,636,200 Zestimate®
    $3,719/sqft
    $7,891 Estimated rent

    Home value

    $14,636,200

    $12.44M - $16.98M

    $7,891/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $7,891/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $7,891/mo

    Rent Zestimate®

    Refinance and save

    $88,105/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $88,105/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    For the connoisseur of life....introducing 42 Island Drive, the ultimate home for the yachtsman. Offering a 140 ft. seawall with deep water on the rear and an additional 150 ft. on the side with 2 boat lifts. A rare find and just steps away from Ocean Reef Club's main amenities in the highly sought-after Channel Cay neighborhood. Enjoy all-on-one level living with an open floor plan, high ceilings, 4 bedrooms and 4.5 baths, a chef's kitchen with custom cabinetry, quartzite counters, Wolf range, SubZero refrigerator, TurboChef oven, and a center island with prep sink. An oversized 2 car plus 2 cart garage, and a whole house generator are just some of the features of this unique home. This inviting residence is an entertainer's dream come true that flows from the inside out. Step out to the extraordinary living space that offers an outdoor kitchen, spacious covered patio, pool, spa and immaculately maintained tropical landscaping featuring walkways, palms and orchids to the stunning lightening, beyond to the water's edge. A perfect family retreat.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Forced air
    Features
    • Flooring: Other
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,936 sqft

    Property

    Parking
    • Parking features: Garage
    Features
    • Exterior features: Other
    Lot
    • Size: 0.48 Acres
    Details
    • Parcel number: 00569415000300

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Piling
    • Roof: Metal
    Condition
    • Year built: 2003

    Community & neighborhood

    Location
    • Region: Key Largo

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $383 monthly

    Other

    Other facts
    • Appliances: Dishwasher, Freezer, Propane Tank-Owned, Other, Dryer, Microwave, Refrigerator, Washer, Range Hood, Disposal, Range
    • Rooms: Laundry Room, Outdoor Kitchen
    • Amenities: Sprinkler System, Spa/Hot Tub, Deck/Patio, Pool-Outdoor, Gardens
    • Storm Protection: Fabric Screen, Impact Glass
    • RE parcel #: 00569415-000300

    Price history

    DateEventPrice
    4/10/2024Listing removed$18,750,000$4,764/sqft
    Source: CLS at Ocean Reef #2499 Report a problem
    2/28/2023Listed for sale$18,750,000+319%$4,764/sqft
    Source: CLS at Ocean Reef #2499 Report a problem
    12/8/2005Sold$4,475,000$1,137/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$55,991 +3.7%$8,267,897 +2.9%
    2024$54,006 +1.9%$8,034,886 +3%
    2023$52,987 +4.8%$7,800,861 +3%
    2022$50,576 +33.4%$7,573,652 +43.6%
    2021$37,926 +4.1%$5,273,357 +5.6%
    2020$36,420 $4,991,575 -1.1%
    2019$36,420 +5%$5,045,253 +0.9%
    2018$34,690 +4.3%$5,000,167 +2.1%
    2017$33,275 +5.9%$4,897,382 +6.4%
    2016$31,415 +2.6%$4,602,021 +33%
    2015$30,629 $3,459,910

    Find assessor info on the county website

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $14,636,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $14,636,200