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Off market
  • Tax assessed value
    $5,796,260

    711 W Ocean Dr, Key Colony Beach, FL 33051

    7beds
    7,689sqft
    Unknown
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $754/sqft
    $3,547 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,547/mo

    Zestimate® history
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    $35,082/mo

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    What's special

    Separate guest homeDramatic mediterranean estate ambiancePrivate beachSeven en-suite bedroomsMulti-hole putting greenDirect ocean frontageBrand-new roof

    Gated Private Oceanfront Estate with Guest Home | Key Colony Beach An extraordinary, one-of-a-kind Atlantic Ocean compound, this gated private estate stands alone as the most exclusive residence in all of Key Colony Beach. Offering direct ocean frontage, a private beach, and a separate guest home, this is a generational trophy property—virtually impossible to replicate in today’s market. The estate is the only home in Key Colony Beach to feature a fully lighted private tennis and pickleball court, engineered for day-to-night play under the stars—an amenity unseen elsewhere in the Florida Keys. Positioned directly on the open Atlantic, the property delivers sweeping, unobstructed ocean views and true barefoot luxury, with the rare ability to launch boats, jet skis, and water toys directly from your own private beach. Outdoor living rivals the world’s finest resorts, anchored by a grand travertine-lined pool terrace, summer kitchen, and award-winning, magazine-quality landscaping. Two monumental specimen Canary Island date palms and over 50 mature Italian cypress trees create a dramatic Mediterranean estate ambiance and unparalleled privacy. The resort-style pool complex features a 10-person spa/jacuzzi, a sleek modern sun shelf with designer umbrellas, and a private cabana bath with outdoor shower, delivering seamless indoor-outdoor living at scale. Inside, the residence is a masterclass in architectural drama and refined luxury. A sunken living room with custom wet bar and fireplace anchors the home as a striking centerpiece for entertaining. Custom granite kitchens, equipped with professional-grade Viking appliances and gas ranges, offer chef-level performance with timeless elegance. A show-stopping modern, temperature-controlled wine cellar serves as both a functional collector’s vault and a sculptural design element—perfect for showcasing and preserving a world-class wine collection. The estate offers seven en-suite bedrooms, each with its own dedicated A/C system, ensuring exceptional comfort, privacy, and individualized climate control throughout the compound. Resort-level amenities continue with a private movie theater, full fitness center, massage suite, dedicated manicure and pedicure room, and a multi-hole putting green, creating a fully self-contained private retreat. Additional highlights include an air-conditioned garage for luxury vehicles and water toys, brand-new roof, new impact-rated windows, and a dedicated Tesla charging station. This is not simply a home—it is a once-in-a-generation Atlantic Ocean estate, offering privacy, prestige, and amenities that simply cannot be recreated in Key Colony Beach or anywhere in the Florida Keys. Private showings available by appointment only. Qualified parties with verified financials required.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 11
    • Full bathrooms: 7
    • 1/2 bathrooms: 4
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Other
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 7,689 sqft

    Property

    Parking
    • Total spaces: 30
    • Parking features: Carport, Garage - Attached, Off-street
    Features
    • Exterior features: Cement / Concrete
    • Has spa: Yes
    • Has view: Yes
    • View description: Park, Territorial, Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.69 Acres
    Details
    • Parcel number: 00078370000000

    Construction

    Type & style
    • Home type: Unknown
    Materials
    • Concrete Block
    • Foundation: Piling
    • Roof: Metal
    Condition
    • Year built: 1983

    Community & HOA

    Community
    • Features: Fitness Center
    Location
    • Region: Key Colony Beach

    Financial & listing details

    • Price per square foot: $754/sqft
    • Tax assessed value: $5,796,260
    • Annual tax amount: $38,422

    Price history

    DateEventPrice
    4/18/2026Listing removed--
    Source: Owner Report a problem
    1/20/2026Listed for sale$25,000,000+25%$3,251/sqft
    Source: Owner Report a problem
    10/23/2021Listing removed--
    Source: Owner Report a problem
    7/25/2021Listed for sale$20,000,000+700%$2,601/sqft
    Source: Owner Report a problem
    12/15/2020Sold$2,500,000+56.3%$325/sqft
    Source: FLKMLS #592142 Report a problem
    7/25/2001Sold$1,600,000$208/sqft
    Source: FLKMLS #502651 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$38,422 -0.6%$3,201,418 +10%
    2024$38,638 +5.7%$2,910,380 +10%
    2023$36,542 +20.4%$2,645,800 +10%
    2022$30,351 +38.6%$2,405,273 +14.8%
    2021$21,901 +4.7%$2,095,869 +1.2%
    2020$20,924 $2,071,221 +0.3%
    2019$20,924 +2.2%$2,064,805 -1.2%
    2018$20,479 +9.4%$2,090,922 +1.7%
    2017$18,718 +8.6%$2,055,225 +4.1%
    2016$17,229 +2.8%$1,974,979 +8.2%
    2015$16,766 $1,825,306
    Find assessor info on the county website

    Neighborhood: 33051

    Nearby schools

    GreatSchools rating