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Sold for $2,450,000
  • $2,450,000

    55 Ocean Front Dr, Key Largo, FL 33037

    4beds
    4,446sqft
    Single Family Residence
    Built in 1998
    1.09 Acres Lot
    $2,451,200 Zestimate®
    $551/sqft
    $6,798 Estimated rent

    Home value

    $2,451,200

    $2.21M - $2.72M

    $6,798/mo

    Zestimate® history
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    What's special

    Balcony accessMature greeneryNew metal roofSummer kitchen and patioSpacious ensuite bathExpansive groundsTankless water heater
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sunne Rego 305-923-9271,

    Coastal Realty of the Florida Keys

    Bought with:

    outside of mls

    Outside Of MLS

    Source: FLKMLS,MLS#: 618927MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s), Ductless
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Freezer, Wine Cooler
    • Laundry: Laundry Room
    Features
    • Pantry, Built-in Features, Granite Counters, Storage, Walk-in Closet(s), Bar, Gym, Media Room
    • Flooring: Tile
    • Windows: Window Coverings
    • Furnished: Yes
    Interior area
    • Total structure area: 4,446
    • Total interior livable area: 4,446 sqft

    Property

    Parking
    • Parking features: Attached, Open, RV Access/Parking, Storage
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Screened Patio, Lanai
    • Exterior features: Bar, Built-in Barbecue, Fruit Tree(s), Rain Gutters, Lighting, Outdoor Kitchen, Outdoor Shower, Storage
    • Has private pool: Yes
    • Pool features: In Ground, Concrete, Decked
    • Fencing: Fenced,Privacy
    Lot
    • Size: 1.09 Acres
    Details
    • Additional structures: Shed(s)
    • Parcel number: 00498720000000
    • Zoning: IS - Improved Subivision District
    • Other equipment: Irrigation Equipment

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS, Concrete
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1998

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Other
    • Security: 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: $551/sqft
    • Tax assessed value: $1,889,942
    • Annual tax amount: $12,831
    • Date on market: 3/5/2026
    • Listing terms: No Seller Finance,Cash,Conventional

    Price history

    DateEventPrice
    10/20/2026Sold$2,450,000-3.9%$551/sqft
    Source: FLKMLS #618927 Report a problem
    9/21/2026Contingent$2,550,000$574/sqft
    Source: FLKMLS #618927 Report a problem
    6/24/2026Price change$2,550,000-7.3%$574/sqft
    Source: FLKMLS #618927 Report a problem
    3/5/2026Listed for sale$2,750,000+205.9%$619/sqft
    Source: FLKMLS #618927 Report a problem
    3/6/2020Sold$899,000$202/sqft
    Source: Public Record Report a problem
    1/7/2020Price change$899,000-7.2%$202/sqft
    Source: Tom McDermott, Broker #586715 Report a problem
    10/26/2019Price change$969,000-0.6%$218/sqft
    Source: Tom McDermott, Broker #586715 Report a problem
    7/31/2019Listed for sale$975,000+5.4%$219/sqft
    Source: Tom McDermott, Broker #586715 Report a problem
    8/21/2017Listing removed$925,000$208/sqft
    Source: Owner Report a problem
    3/1/2017Price change$925,000-2.6%$208/sqft
    Source: Owner Report a problem
    11/29/2016Listed for sale$950,000+6.1%$214/sqft
    Source: Owner Report a problem
    5/31/2016Listed for sale$895,000+108.1%$201/sqft
    Source: Owner Report a problem
    9/30/1997Sold$430,000+473.3%$97/sqft
    Source: Public Record Report a problem
    8/19/1997Sold$75,000$17/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $2,451,200

    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

    $2,451,200