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Sold for $26,500,000
  • $26,500,000

    48 Card Sound Rd, Key Largo, FL 33037

    --beds
    --baths
    0.87Acres
    Vacant Lot
    Built in ----
    0.87 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    Newly Listed to the market for the first time in 34 years. This is truly a rare opportunity to own and build your Dream Home on one of the best Lots in all of Ocean Reef. The lot is 38,000 sq. ft. with 375' of Bay Water Frontage. Spectacular Florida Keys sunsets await you along with panoramic Card Sound Bay Views of the Angler's Club Marina, Card Sound Bridge, Pumpkin Key Island and W. Snapper Point. The Lot is located in a private setting at the end of the prestigious Card Sound Road on a Cul-De-Sac. The attached renderings features an 8,500 sq. ft. house under air with an Estate Driveway and a Courtyard Entrance. A perfect Legacy Property for years to come.

    Zillow last checked:

    Listing updated:

    Listed by:

    Karyn Thiele,

    Ocean Reef Club Sotheby's International Realty,

    Kelsey Thiele,

    Ocean Reef Club Sotheby's International Realty

    Bought with:

    Marlina Lerma, SL3382325

    Ocean Reef Club Sotheby's International Realty

    Source: CLS at Ocean Reef,MLS#: 2748MLS Logo

    Facts & features

    Property

    Features
    • On waterfront: Yes
    Lot
    • Size: 0.87 Acres
    Details
    • Parcel number: 00572222001000
    • Special conditions: Traditional

    Community & HOA

    Location
    • Region: Key Largo

    Financial & listing details

    • Tax assessed value: $3,583,678
    • Annual tax amount: $146,346
    • Date on market: 8/6/2025

    Price history

    DateEventPrice
    10/20/2026Sold$26,500,000-10.2%
    Source: CLS at Ocean Reef #2748 Report a problem
    9/3/2026Pending sale$29,500,000
    Source: CLS at Ocean Reef #2748 Report a problem
    8/12/2026Contingent$29,500,000
    Source: CLS at Ocean Reef #2748 Report a problem
    8/6/2025Listed for sale$29,500,000
    Source: CLS at Ocean Reef #2748 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,723 +78.1%$1,362,999 +10%
    2024$8,828 +11.6%$1,239,090 +10%
    2023$7,909 -19.9%$1,126,445 +10%
    2022$9,871 +49.1%$1,024,041 +10%
    2021$6,622 +7.4%$930,946 +8.3%
    2020$6,165 $859,967 +3%
    2019$6,165 +2.9%$834,618
    2018$5,994 -2.3%$834,618 +5.8%
    2017$6,137 +5.9%$788,988 +2.4%
    2016$5,793 +59.6%$770,451
    2015$3,629 $770,451
    Find assessor info on the county website

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating