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For sale
  • Price cut: $200K (6/24)
    $2,550,000

    55 Ocean Front Dr, Key Largo, FL 33037

    4beds
    4,446sqft
    : 
    $14,569/mo
    Get pre-qualified
    Single Family Residence
    Built in 1998
    1.09 Acres Lot
    $2,401,400 Zestimate®
    $574/sqft
    $-- HOA

    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.
    161 days
    |
    689
    |
    48
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sunne Rego 305-923-9271,

    Coastal Realty of the Florida Keys

    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
      • Built-in Features, Granite Counters, Storage, Walk-in Closet(s), Bar, Gym, Media Room
      • Flooring: Tile
      • 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: $574/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

        Estimated market value

        $2,401,400

        $2.28M - $2.52M

        $7,175/mo

        Price history

        DateEventPrice
        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
        3/2/2020Sold$899,000$202/sqft
        Source: FLKMLS #586715 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
        11/29/2016Price change$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

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33037

        Getting around

        23 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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