NOT LISTED FOR SALE

552 Ocean Cay Dr Key Largo, FL 33037

Key Largo Area

Estimated Value: $5,010,000 - $5,957,000

3 Beds
3 Baths
3,442 Sq Ft
$1,564/Sq Ft Est. Value

Sale Details

Date Sold: December 2, 2020

Last sale price $3,470,000 $1,008 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $32,333 / mo

115 Days on Market

Highlights

  • Ocean Front
  • Boat Lift
  • Cathedral Ceiling
  • Coral Shores High School Rated A
  • Concrete Pool
  • 1-minute walk to Jacobs Community Park

About This Home

As of December 2020

HIP NAUTIC oceanfront home on the Cay, with deep water dockage. This Key Largo home is located in the premier gated community of Ocean Cay estates. This could be your ''Sol Mate'' if you love the sun, ocean and boating. Splash into the deep end with your own waterfall pool. The 100-foot dock easily accommodates multiple watercraft and water toys. 8-post yacht lift with 30k# cradle. Open concept living area and kitchen recently remodeled with a coastal chic flare. 3 bedrooms and 3 bathrooms with space for working remotely from your home office. Owners top floor suite provides private deck with amazing ocean views, sitting area and/or office space, full bathroom, and large walk-in closet with convenience washer/dryer. Garage and extra storage.

Last Agent to Sell the Property

Carolyn Ambler

American Caribbean Real Estate, Christie's International Real Estate License #3074981 Listed on: 08/01/2020

Co-Listed By

Joy Martin

American Caribbean Real Estate, Christie's International Real Estate License #0524075

Last Buyer's Agent

Lisa Frins

Century 21 Prestige Realty Grp, Tavernier

Century 21 Prestige Realty Grp, Tavernier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,872

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • 12,120 Sq Ft Lot
  • Ocean Front
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $83 Monthly HOA Fees

Property Views

  • Ocean
  • Canal

Home Design

  • Metal Roof

Interior Spaces

  • 3,442 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Entrance Foyer
  • Complete Electric Power Shutters

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Electric Gate
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Boat Lift
  • Balcony
  • Patio

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • Association fees include common area mnt
  • Port Largo Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00453475-016800

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,872

Year Built

Built in 1993 | Remodeled

Lot Details

0.28 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: Other
  • Fee Includes: Common Area Mnt
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 20871.55
  • Title: Negotiable, Title Ins - Buyer
  • Vehicle Storage: Garage, Off Street Parking
  • Year Built: 1993
  • Alternate Key Number: 1556777
  • Cooling Heating: Central Air, Ductless
  • Lot Sq Ft: 12120.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck, Patio
  • Association Maintenance Fee Per: Yearly
  • Shutters: Other, Roll Down Electric
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 3442.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Entrance Foyer, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Wine Cooler, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front, Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Combo Construction
  • Roof: Metal Roof
  • Waterview: Canal View, Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Elect Separate Meter, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE
  • Parcel Number: 00453475-016800
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.28

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

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
Aug 1, 2020
Closed on
Dec 1, 2020
Sold by
Bought by
Seller's Agent
Carolyn Ambler
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Lisa Frins
Century 21 Prestige Realty Grp, Tavernier
List Price
$3,599,000
Sold Price
$3,470,000
Premium/Discount to List
-$129,000
-3.58%
Current Estimated Value
$5,383,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,913,651
Avg. Annual Appreciation
8.08%

Purchase Details

Closed on
Jun 20, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,758,000
Interest Rate
0.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
0.0361%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 7, 2014
Sold by
Bought by

Purchase Details

Closed on
Oct 2, 2006
Sold by
Bought by

Purchase Details

Closed on
May 5, 2005
Sold by
Bought by

Purchase Details

Closed on
Nov 8, 2002
Sold by
Bought by

Purchase Details

Closed on
Jul 19, 1999
Bought by

Purchase Details

Closed on
Aug 1, 1991
Bought by

Purchase Details

Closed on
Mar 1, 1989
Bought by

Purchase Details

Closed on
May 1, 1988
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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Average Value
Not Available
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
$3,470,000 None Listed On Document
$3,447,500 Attorney
$2,100,000 None Available
-- None Available
$3,500,000 Attorney
-- --
-- --
$1,200,000 --
$220,000 --
-- --
-- --
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $2,758,000
Previous Owner $1,600,000
Previous Owner $1,000,000
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
12/02/2020 12/02/20 Sold $3,470,000 -6.2% $1,008 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
09/26/2020 09/26/20 Price Changed $3,699,000 +2.8% $1,075 / Sq Ft
08/01/2020 08/01/20 For Sale $3,599,000 -- $1,046 / 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 $34,996 $4,364,441 $2,747,510 $1,616,931
2024 $29,649 $4,212,680 $2,593,502 $1,619,178
2023 $29,649 $3,982,176 $2,402,542 $1,579,634
2022 $26,109 $3,610,229 $2,032,942 $1,577,287
2021 $23,852 $2,865,528 $1,416,942 $1,448,586
2020 $24,148 $2,882,378 $1,478,542 $1,403,836
2019 $20,872 $2,477,406 $1,515,142 $962,264
2018 $17,752 $2,093,712 $1,242,442 $851,270
2017 $15,694 $1,850,409 $0 $0
2016 $16,757 $1,867,728 $0 $0
2015 $16,507 $1,860,572 $0 $0
2014 $16,410 $1,949,633 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carolyn Ambler

    Seller's Agent in 2020

    Carolyn Ambler

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 664-4866

    42 Total Sales

    Carolyn Ambler
    Section Image
  • Joy Martin

    Seller Co-Listing Agent in 2020

    Joy Martin

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 394-7866

    82 Total Sales

    Joy Martin
    Section Image

  • L

    Buyer's Agent in 2020

    Lisa Frins

    Century 21 Prestige Realty Grp, Tavernier

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591919

Florida Keys Board of REALTORS®

APN: 00453475-016800

Florida Monroe County Key Largo 33037

552 Ocean Cay Dr, 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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