Sold for $4,150,000

$4,150,000

538 Ocean Cay Dr, Key Largo, FL 33037

3beds

6baths

2,454sqft

SingleFamily

Built in 1987

0.35 Acres Lot

$4,567,100 Zestimate^®

$1,691/sqft

$7,400 Estimated rent

Home value

$4,567,100

$4.11M - $5.07M

$7,400/mo

Zestimate^® history

Owner options

List your home for rent

$7,400/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

$7,400/mo

Rent Zestimate^®

Refinance and save

$25,399/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

$25,399/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

538 Ocean Cay Dr, Key Largo, FL 33037 is a single family home that contains 2,454 sq ft and was built in 1987. It contains 3 bedrooms and 6 bathrooms. This home last sold for $4,150,000 in January 2024. The Zestimate for this house is $4,567,100. The Rent Zestimate for this home is $7,400/mo.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 6

Heating

Forced air

Features

Flooring: Other
Has fireplace: No

Interior area

Total interior livable area: 2,454 sqft

Property

Parking

Parking features: Carport, Garage

Features

Exterior features: Stucco

Lot

Size: 0.35 Acres

Details

Parcel number: 00453475015400

Construction

Type & style

Home type: SingleFamily

Materials

Concrete Block
Foundation: Piling
Roof: Metal

Condition

Year built: 1987

Community & HOA

HOA

Has HOA: Yes
HOA fee: $383 monthly

Location

Region: Key Largo

Financial & listing details

Price per square foot: $1,691/sqft
Tax assessed value: $3,518,732
Annual tax amount: $29,054

Price history

Date	Event	Price
1/8/2024	Sold	$4,150,000+31.7%$1,691/sqft
Source: Public Record Report a problem
4/19/2005	Sold	$3,150,000+186.4%$1,284/sqft
Source: Public Record Report a problem
4/30/2002	Sold	$1,100,000$448/sqft
Source: FLKMLS #502978 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$29,054 +15.6%	$3,518,732 +23.6%
2024	$25,130 +8.8%	$2,847,543 +10%
2023	$23,099 +15.4%	$2,588,675 +10%
2022	$20,019 +11.5%	$2,353,341 +10%
2021	$17,960 -3.8%	$2,139,401 -3.3%
2020	$18,676	$2,212,503 -3.2%
2019	$18,676 +1.3%	$2,284,888 +19.2%
2018	$18,439 +11.1%	$1,916,052 +2.3%
2017	$16,601 +2.4%	$1,872,257 +9.3%
2016	$16,209 +5.1%	$1,713,132 +0.8%
2015	$15,419	$1,699,059