Skip main navigation
Sold for $6,600,000
  • $6,600,000

    557 Ocean Cay Dr, Key Largo, FL 33037

    3beds
    5,300sqft
    Single Family Residence
    Built in 1998
    0.28 Acres Lot
    $6,726,900 Zestimate®
    $1,245/sqft
    $7,761 Estimated rent

    Home value

    $6,726,900

    $6.05M - $7.47M

    $7,761/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $7,761/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

    $7,761/mo

    Rent Zestimate®

    Refinance and save

    $42,557/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

    $42,557/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

    Stylish interiorsBrand-new oceanfront poolNew oceanfront poolContemporary eleganceExpansive windowsSpectacular viewsBreathtaking views
    The ocean is calling all big boaters and connoisseurs of Keys luxury living. This stunning contemporary oceanfront home offers the epitome of luxury living with the most breathtaking views, plus 100 feet of protected deep-water dockage. Water on two sides the residence exemplifies a Modern Design with timeless appeal. This home seamlessly blends luxury with functionality, offering a perfect balance of form and function. Retreat to the comfort of spacious bedrooms located on the main level, providing convenience and privacy for you and your guests. Spectacular Views: Enjoy panoramic vistas of the sparkling ocean and vibrant skies from sunrises to distant sunsets from every corner of your home. The expansive windows and thoughtful design ensure that the beauty of the surrounding waterfront landscape is always within reach. Bi-folding Impact Doors: Seamlessly merge indoor and outdoor living with impact doors that retract fully and bring the beauty of the outdoors in, allowing for effortless entertaining and relaxation. Natural Light and Views: Extensive use of glass throughout the home and serving as the windowed railings on the balconies invite abundant natural light and showcases the stunning views, creating a bright and airy ambiance that truly elevates the living experience. Located in Ocean Cay, a Gated Enclave of oceanfront residences: Enjoy the privacy of a gated community, offering security and privacy. New Oceanfront Pool: Dip into the resort-style living with a brand-new oceanfront pool, where you can soak up the sun while overlooking the tranquil waters. Dive in and cool off, or simply unwind and relax in your own private paradise. Aquarium-Like Sea life: Immerse yourself in the wonders of the ocean with an aquarium-like experience right at your dock. If you desire an oceanfront home with contemporary elegance complimented by sleek architectural lines and stylish interiors, call today for an appt.

    Zillow last checked:

    Listing updated:

    Listed by:

    JOY C MARTIN 305-394-7866,

    American Caribbean Real Estate, Christie's International Real Estate

    Bought with:

    outside mls - FKBR

    Outside Of MLS - FKBR

    Source: FLKMLS,MLS#: 608875MLS LogoOriginating MLS: Florida Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
    • Laundry: Laundry Room
    Features
    • Cathedral Ceiling(s), Walk-In Closet(s), Entrance Foyer
    • Flooring: Tile
    • Doors: French Doors, Impact Rstnce Doors, Glass Doors
    • Windows: Impact Rstnce Window
    Interior area
    • Total interior livable area: 5,300 sqft

    Property

    Parking
    • Parking features: Carport, Covered, Off Street, Open, Attached
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony
    • Has private pool: Yes
    • Pool features: In Ground, Concrete
    • Fencing: Fenced
    • Has view: Yes
    • View description: Ocean, Water, Canal
    • Has water view: Yes
    • Water view: Ocean,Water,Canal
    • Waterfront features: Oceanfront, Open Water, Canal Front, Waterfront, Dock: Concrete, Dock Length: 100
    Lot
    • Size: 0.28 Acres
    • Features: 1/4 - 1/2 Acre
    Details
    • Parcel number: 00453475017300
    • Zoning: IS
    • Zoning description: Improved Subivision District

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    • Roof: Combo Roof,Other
    Condition
    • Year built: 1998

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA, Buyer to Verify

    Community & neighborhood

    Security
    • Security features: Electric Gate
    Location
    • Region: Key Largo
    • Subdivision: Port Largo (100.0)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $3,000 yearly
    • Services included: Maintenance Grounds

    Other

    Other facts
    • Listing terms: Cash,FHA,VA Loan,Conventional

    Price history

    DateEventPrice
    3/22/2024Sold$6,600,000-4.3%$1,245/sqft
    Source: FLKMLS #608875 Report a problem
    3/13/2024Pending sale$6,900,000$1,302/sqft
    Source: MIAMI #A11541214 Report a problem
    3/8/2024Contingent$6,900,000$1,302/sqft
    Source: Key West AOR #608875 Report a problem
    2/23/2024Listed for sale$6,900,000+76.9%$1,302/sqft
    Source: Key West AOR #608875 Report a problem
    6/24/2022Sold$3,900,000-2.4%$736/sqft
    Source: Public Record Report a problem
    6/7/2022Pending sale$3,995,000$754/sqft
    Source: FLKMLS #601202 Report a problem
    6/7/2022Listed for sale$3,995,000$754/sqft
    Source: Key West AOR #601202 Report a problem
    5/30/2022Contingent$3,995,000$754/sqft
    Source: Key West AOR #601202 Report a problem
    5/29/2022Listed for sale$3,995,000+55.1%$754/sqft
    Source: Key West AOR #601202 Report a problem
    6/18/2020Sold$2,575,000-11.2%$486/sqft
    Source: MIAMI #A10672890 Report a problem
    5/22/2020Pending sale$2,899,000$547/sqft
    Source: Brown Harris Stevens #A10672890 Report a problem
    2/26/2020Price change$2,899,000-1.7%$547/sqft
    Source: Brown Harris Stevens #A10672890 Report a problem
    8/24/2019Price change$2,949,000-1.7%$556/sqft
    Source: Brown Harris Stevens #A10672890 Report a problem
    7/8/2019Price change$2,999,000-6.3%$566/sqft
    Source: Brown Harris Stevens #A10672890 Report a problem
    6/25/2019Price change$3,199,000-5.6%$604/sqft
    Source: Brown Harris Stevens #A10672890 Report a problem
    5/21/2019Listed for sale$3,390,000+35.6%$640/sqft
    Source: American Caribbean Real Estate - Key Largo #585756 Report a problem
    3/17/2017Sold$2,500,000-10.6%$472/sqft
    Source: Public Record Report a problem
    7/8/2016Price change$2,795,000-0.1%$527/sqft
    Source: American Caribbean Real Estate #571367 Report a problem
    1/7/2016Price change$2,799,000-3.3%$528/sqft
    Source: American Caribbean Real Estate #569437 Report a problem
    6/8/2015Listed for sale$2,895,000$546/sqft
    Source: The Real Estate Book #565541 Report a problem
    4/30/2015Listing removed$2,895,000$546/sqft
    Source: American Caribbean Real Estate Report a problem
    10/20/2014Listed for sale$2,895,000-9.5%$546/sqft
    Source: American Caribbean Real Estate #565541 Report a problem
    8/1/2013Listing removed$3,200,000$604/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #560318 Report a problem
    7/8/2013Price change$3,200,000-11.1%$604/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #560318 Report a problem
    2/12/2013Listed for sale$3,600,000$679/sqft
    Source: Coldwell Banker Schmitt Key Largo #560318 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$42,628 +24.9%$5,206,092 +30%
    2024$34,121 +21.6%$4,005,060 +15.9%
    2023$28,071 +39%$3,456,388 +49.2%
    2022$20,199 +14.2%$2,316,493 +10%
    2021$17,688 -10.7%$2,105,903 -10.4%
    2020$19,806 $2,350,877 -3.3%
    2019$19,806 -2%$2,431,254 +10.9%
    2018$20,211 +6.9%$2,193,026 +33.8%
    2017$18,915 +35.8%$1,639,094 +2.1%
    2016$13,927 -1.5%$1,605,381 +0.7%
    2015$14,137 $1,594,221

    Find assessor info on the county website

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating
    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
    $6,726,900
    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
    $6,726,900