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Off market
  • $657,500

    535 Ocean Way & Mahogany Ave, Key Largo, FL 33037

    3beds
    1,400sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $657,500 Zestimate®
    $470/sqft
    $4,138 Estimated rent

    Home value

    $657,500

    $565,000 - $756,000

    $4,138/mo

    Zestimate® history
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    $4,138/mo

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    $4,138/mo

    Rent Zestimate®

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    $3,942/mo

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    $3,942/mo

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    What's special

    Fully furnishedSmall poolPlenty free parking

    The property sits on a 7,000+ sf corner lot on the third canal in from the Atlantic Ocean. The house for rent is the "second floor house". The second floor house is approximately 1,400 sf with 3 bedrooms and 2 full bathrooms. It is fully furnished including a 52" flat screen tv on the living room and a 48" flat screen tv in the master. It has a new kitchen with all the appliances. Shared washer and dryer in house laundry room. Large under roof rap around balcony that faces the canal on one side and the Main Street on the other side with plenty of sitting. All windows and doors are protected by Monroe County hurricane approved accordion shutters. The rent includes a 30' dock, electric, water, 1 gb wifi, landscaping, pool service, pest control and plenty free parking. Big outdoor area with lounge chairs, a 500 lb ice machine, fish cleaning table, a small pool and a 30' boat dock. Located on the third canal in from the open ocean on the Atlantic side. Five minutes from John Pennekamp Coral Reef State Park, Molasses Reef, Florida Keys Swim With the Dolphin Park, Key Largo Community water park with a kids water playground pool and two other adult pools. Located in downtown Key Largo, close to all the best restaurants and shopping. Walking distance to Key Largo Fisheries Restaurant and Marina and The Pilot House Restaurant and Marina. Two minutes away from Wallgreens, CVS, Publix and Gordon Food Service. Most important, close to the best fishing grounds in the Florida Keys. The house for lease is the second floor house with a 30' dock. Electric, water, wifi, landscaping, pool service, pest control, ice machine and parking are all included in the base rent. No smoking is allowed inside the house. Small pets are welcome at no extra cost. Any repairs under $100 will be paid by tenant. Tenant should notify landlord immediately of any issues with any broken or damage items in the house. Quiet time in Key Largo is 11 pm. The lease is for 6 months from January 1 to June 30. But I am flexible. Can rent for 3-4 months. But if it is less than 6 month I would have to charge a 12.5% estate sales tax and Monroe County Tourist Development tax.

    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.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Freezer, Microwave, Oven, Refrigerator
    • Laundry: Shared
    Features
    • Flooring: Tile
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,400 sqft

    Property

    Parking
    • Parking features: Off Street
    • Details: Contact manager
    Features
    • Exterior features: Bicycle storage, Dock, Landscaping included in rent, Pest Control included in rent
    • Has private pool: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & neighborhood

    Location
    • Region: Key Largo

    HOA & financial

    Other fees
    • Deposit fee: $3,300

    Other

    Other facts
    • Available date: 12/01/2025

    Price history

    DateEventPrice
    12/11/2025Listing removed$3,300$2/sqft
    Source: Zillow Rentals Report a problem
    12/11/2025Price change$3,300-2.9%$2/sqft
    Source: Zillow Rentals Report a problem
    12/7/2025Price change$3,400-2.9%$2/sqft
    Source: Zillow Rentals Report a problem
    9/29/2025Listed for rent$3,500$3/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $657,500
    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
    $657,500