NOT LISTED FOR SALE

544 Ocean Cay Key Largo, FL 33037

Key Largo Area

Estimated Value: $4,766,000 - $5,966,000

4 Beds
5 Baths
5,574 Sq Ft
$966/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2020

Last sale price $2,950,000 $529 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $31,460 / mo

361 Days on Market

Highlights

  • Ocean Front
  • Boat Lift
  • Tennis Courts
  • Coral Shores High School Rated A
  • Sandy Beach
  • 1-minute walk to Key Largo Community Park

About This Home

As of December 2020

Architecturally inspired by Italian Old World charm, this modern Mediterranean oceanfront estate is situated on a peninsula on the Atlantic Ocean in exclusive Ocean Cay, Key Largo. On over 13,000 square feet of oceanfront land, this luxurious, private home features superior concrete block construction, a four-car garage, electric shutters, electric gates, an elevator, five central air conditioning units, and over 5,500 square feet of living space on three levels. Use as a corporate retreat! Majestic palm trees and grand mahogany doors invite you into this four-bedroom, five-bathroom estate filled with an abundance of natural light.The focal point of the home's main living level is the panoramic views of the Atlantic Ocean through glass doors opening to expansive oceanfront terraces. More..

Last Agent to Sell the Property

TEAM Walters Gloria, Rachel and Michae

Ocean Sotheby's International Realty License #0662034 Listed on: 12/06/2019

Co-Listed By

Rachel Walters

Ocean Sotheby's International Realty License #3468436

Last Buyer's Agent

Ralph Sam

Real Estate Sales Force - Coral Gables

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,934

Year Built

  • Built in 1993

Lot Details

  • 13,845 Sq Ft Lot
  • Ocean Front
  • Sandy Beach
  • Fenced
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 5,574 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Bar
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Single Hung Windows
  • French Doors
  • Sliding Doors
  • Home Theater
  • Workshop
  • Storage
  • Utility Room
  • Ocean Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Electric Power Shutters
  • Fire and Smoke Detector

Parking

  • Garage
  • Electric Gate
  • Guest Parking
  • Open Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Rip-Rap
  • Boat Lift
  • Dock made with Composite Material
  • Tennis Courts
  • Balcony
  • Deck
  • Exterior Lighting

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00453475-016000

Community Details

Overview

  • Port Largo Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,934

Year Built

Built in 1993

Lot Details

0.32 Acres

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1000.00
  • Mandatory HOA: Yes
  • Dockage Dock: Composite
  • Dockage Seawall: Rip Rap
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Tennis Courts, Community Pool
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 22933.98
  • Title: Title Ins - Buyer
  • Vehicle Storage: Attached, Open Parking, Covered Parking, Guest Parking, Garage
  • Year Built: 1993
  • Alternate Key Number: 1556696
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 13845.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Deck, Roof Top Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Shutters: Roll Down Electric
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 5574.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Bar, Pantry, Window Treatments, Wet Bar, Walk-in Closet(s), Tray Ceilings, Storage, Split Bedroom, Smoke Alarms, Sky Light(s), Granite Counter Top, Drapes/Blinds Incl, Elevator, Cathedral Ceilings, Built-in Cabinets
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Microwave, Refrigerator, Oven, Dryer, Disposal
  • Floor: Carpet, Marble
  • Specialty Rooms: Laundry Room, Utility Room, Workshop, Media Room
  • Windows/Doors: French Doors, Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 4
  • Sq Ft Remarks: Spacious home on 3 levels

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Sandy Beach, Lighting
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, No Security
  • Utilities: Buyer to Verify, FKAA, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,VE
  • Parcel Number: 00453475-016000
  • Lot Size: 101' X 178'
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.32

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable, Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2019
Closed on
Dec 29, 2020
Sold by
Bought by
Seller's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
Buyer's Agent
Ralph Sam
Real Estate Sales Force - Coral Gables
List Price
$3,299,000
Sold Price
$2,950,000
Premium/Discount to List
-$349,000
-10.58%
Current Estimated Value
$5,385,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,435,923
Avg. Annual Appreciation
11.46%

Purchase Details

Closed on
Apr 2, 2003
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 1995
Bought by

Purchase Details

Closed on
May 3, 1995
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 1990
Bought by

Purchase Details

Closed on
Sep 1, 1982
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,950,000 Attorney
$2,600,000 Coral Reef Title Company
$1,425,000 --
-- --
$225,000 --
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold $2,950,000 -9.2% $529 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
02/15/2020 02/15/20 Price Changed $3,250,000 -1.5% $583 / Sq Ft
12/06/2019 12/06/19 For Sale $3,299,000 -- $592 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $27,429 $3,479,183
2024 $26,646 $3,381,131
2023 $26,646 $3,282,652 $0 $0
2022 $23,334 $3,223,115 $2,124,615 $1,098,500
2021 $20,688 $2,498,862 $1,480,823 $1,018,039
2020 $24,198 $2,912,229 $1,545,202 $1,367,027
2019 $22,934 $2,865,945 $1,592,275 $1,273,670
2018 $20,717 $2,432,948 $1,305,684 $1,127,264
2017 $19,870 $2,335,671 $0 $0
2016 $18,861 $2,135,025 $0 $0
2015 $18,521 $2,123,353 $0 $0
2014 $18,039 $2,126,102 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    TEAM Walters Gloria, Rachel and Michae

    Ocean Sotheby's International Realty

    (305) 712-8888

    66 Total Sales

    Section Image

  • R

    Seller Co-Listing Agent in 2020

    Rachel Walters

    Ocean Sotheby's International Realty

    (305) 942-8767

    Rachel Walters
    Section Image

  • R

    Buyer's Agent in 2020

    Ralph Sam

    Real Estate Sales Force - Coral Gables

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588534

Florida Keys Board of REALTORS®

APN: 00453475-016000

Florida Monroe County Key Largo 33037

544 Ocean Cay, Key Largo, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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