Beautifully remodeled 1998 concrete home is situated on a sprawling 47,752 sq ft lot (over one acre) with no conservation easement, this offers privacy, flexibility, and exceptional upgrades throughout. Zoned to allow one horse, the fully landscaped property features mature greenery, professional landscape lighting, and expansive grounds with ample room to add a pickleball or tennis court -- a rare opportunity to further customize your private estate.Completely renovated in 2020-2021, the home includes a new metal roof, all impact windows and doors, updated A/C systems with mini splits, tankless water heater, and a 45KW generator with a 1,000-gallon propane tank. The thoughtfully designed interior offers 4 bedrooms and 3 bathrooms, including a private third-floor primary suite with walk-in closet, balcony access, and a spacious ensuite bath with its own private balcony.The custom kitchen features a large center island with electric cooktop (piped for gas), flowing seamlessly into the main living area with a large screened-in porch off the living room. Total square footage includes 3,069 sq ft of main living space plus an additional 1,377 sq ft of enclosed entertainment space, offering endless possibilities for recreation, hobbies, or extended living -- totaling 4,446 sq ft under roof.Outdoor amenities include a 450 sq ft heated and chilled pool with spa, summer kitchen and patio, 50-amp RV hookup with sewer and water for up to a 45-ft RV, and a 2-car air-conditioned garage. With acreage, infrastructure, and modern upgrades already in place, this property offers the perfect blend of space, luxury, and future potential. Located near shopping, restaurants, Key Largo fisheries, and Key Largo Park.
For sale
Price cut: $200K (6/24)
$2,550,000
55 Ocean Front Dr, Key Largo, FL 33037
4beds
4,446sqft
Single Family Residence
Built in 1998
1.09 Acres Lot
$2,394,800 Zestimate®
$574/sqft
$-- HOA
What's special
Balcony accessMature greeneryNew metal roofSummer kitchen and patioSpacious ensuite bathTankless water heaterPrivate third-floor primary suite
- 115 days |
- 1,215 |
- 58 |
Zillow last checked:
Listing updated:
Listed by:
Sunne Rego 305-923-9271,
Coastal Realty of the Florida Keys
Source: FLKMLS,MLS#: 618927
Originating MLS: Florida Keys
Originating MLS: Florida KeysLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central
Cooling
- Central Air, Ductless, Ceiling Fans(s)
Appliances
- Included: Washer, Wine Cooler, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
- Laundry: Laundry Room
Features
- Bar, Built-in Cabinets, Whirlpool Bath Tub, Walk-In Closet(s), Storage, Granite Counters, Entrance Foyer, Pantry, Gym, Utility Room, Media Room
- Flooring: Tile
- Doors: Impact Rstnce Doors
- Windows: Drapes/Blinds Incl, Window Treatments, Impact Rstnce Window
Interior area
- Total interior livable area: 4,446 sqft
Property
Parking
- Parking features: Garage, Trailer Storage, RV Parking Open, Guest, Open, Attached
- Has attached garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: 3 Stories
- Stories: 3
- Patio & porch: Lanai, Open Porch/Balcony, Screened Patio, Screened P/B
- Exterior features: Bar, Storage, Sprinkler System, Outdoor Shower, Outdoor Kitchen, Lighting, Rain Gutters, Built-in Barbecue
- Has private pool: Yes
- Pool features: In Ground, Decked, Concrete
- Fencing: Privacy,Fenced
- Water view: None
- Waterfront features: None, Dockage: None
Lot
- Size: 1.09 Acres
- Features: 1 Less Than 2 Acres
- Residential vegetation: Fruit Tree(s)
Details
- Additional structures: Shed(s)
- Parcel number: 00498720000000
- Zoning: IS
- Zoning description: Improved Subivision District
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Concrete
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1998
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA, Propane, Cable Available, Buyer to Verify
Green energy
- Energy efficient items: Lighting
Community & HOA
Community
- Features: Other
- Security: Smoke Detector(s), Security System
- Subdivision: Key Largo Ocn Shores (100.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $574/sqft
- Tax assessed value: $1,889,942
- Annual tax amount: $12,831
- Date on market: 3/5/2026
- Listing terms: No Seller Finance,Conventional,Cash
Estimated market value
$2,394,800
$2.28M - $2.51M
$5,889/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Price change | $2,550,000-7.3%$574/sqft |
Source:  FLKMLS #618927 Report a problem | ||
| 3/5/2026 | Listed for sale | $2,750,000+205.9%$619/sqft |
Source: FLKMLS #618927 Report a problem | ||
| 3/2/2020 | Sold | $899,000$202/sqft |
Source: FLKMLS #586715 Report a problem | ||
| 1/7/2020 | Price change | $899,000-7.2%$202/sqft |
Source: Tom McDermott, Broker #586715 Report a problem | ||
| 10/26/2019 | Price change | $969,000-0.6%$218/sqft |
Source: Tom McDermott, Broker #586715 Report a problem | ||
| 7/31/2019 | Listed for sale | $975,000+5.4%$219/sqft |
Source: Tom McDermott, Broker #586715 Report a problem | ||
| 8/21/2017 | Listing removed | $925,000$208/sqft |
Source: Owner Report a problem | ||
| 3/1/2017 | Price change | $925,000-2.6%$208/sqft |
Source: Owner Report a problem | ||
| 11/29/2016 | Price change | $950,000+6.1%$214/sqft |
Source: Owner Report a problem | ||
| 5/31/2016 | Listed for sale | $895,000+108.1%$201/sqft |
Source: Owner Report a problem | ||
| 9/30/1997 | Sold | $430,000+473.3%$97/sqft |
Source: Public Record Report a problem | ||
| 8/19/1997 | Sold | $75,000$17/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,831 +4.2% | $1,253,932 +10% |
| 2024 | $12,320 +2.7% | $1,139,938 +10% |
| 2023 | $11,992 +18% | $1,036,307 +10% |
| 2022 | $10,161 +52.3% | $942,097 +28.8% |
| 2021 | $6,670 -1.3% | $731,355 -0.7% |
| 2020 | $6,759 | $736,847 +9.3% |
| 2019 | $6,759 +8% | $674,223 -1.9% |
| 2018 | $6,259 -3.4% | $687,388 -0.4% |
| 2017 | $6,482 -0.2% | $690,287 +3.7% |
| 2016 | $6,495 -0.2% | $665,959 +67.1% |
| 2015 | $6,506 | $398,470 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 5.7 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 9 mi
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- Florida
- Monroe County
- Key Largo
- 33037
- 55 Ocean Front Dr
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