$7,900,000
$500K PRICE DROP

555 Ocean Cay Key Largo, FL 33037

Estimated payment $44,612/month

Total Views 25,798
4 Beds
4 Baths
4,580 Sq Ft
$1,725 Price per Sq Ft

Highlights

  • Very Popular Property
  • Ocean Front
  • Boat Slip
  • Coral Shores High School Rated A
  • Boat Lift
  • 1-minute walk to Key Largo Community Park

About This Home

Modern Coastal Masterpiece, luxury ocean front residence with curated design and finishes, inspired by the sleek sophistication of a superyacht. Ocean Cay, an exclusive gated enclave just one hour from Miami yet worlds apart, the property offers 100 feet of deep-water dock and immediate ocean access and an address prized by discerning yachtsmen and collectors of extraordinary homes. Inside, a sculptural floating cypress staircase, enclosed in glass, introduces the main living level. The Upper Salon, a serene retreat with extraordinary open water views, opens to a dining space defined by reclaimed teak ceilings and whitewashed oak beams. The custom kitchen, executed with yacht-like precision, balances elegance with performance through Italian porcelain, honed stone, and handcrafted wood finishes. The Primary Suite crowns the residence with commanding views of the Atlantic. Bamboo ceilings, teak and oak details, and a custom Minotti bed, frame a setting of serene sophistication. The ensuite bath, sculpted from polished onyx, evokes the experience of a private spa. Adjacent to the main house, the Solarium Lounge forms a tranquil lounge suspended between sea and sky. A beverage gallery and a full bath in Brazilian soapstone and marble complete this secluded aerie. Outdoors, a resort-caliber landscape unfolds with pool, spa, and cold plunge, framed by sun terraces and intimate seating alcoves. A poolside pergola with fire feature and television provides another view of the landscape and ocean. The outdoor Culinary Pavilion, complete with wood-fired pizza oven, marble counters, sitting and dining areas, creates an exceptional stage for al fresco gatherings overlooking the ocean's horizon. At 555 Ocean Cay, modern design meets natural rhythm. Here, light, water, and form align in harmony. Every detail reflects design authenticity, artisanal materials, refined craftsmanship, and a seamless dialogue between interior and exterior spaces.

Listing Agent

Carolyn Ambler

American Caribbean Real Estate, Christie's International Real Estate License #3074981 Listed on: 11/09/2025

Co-Listing Agent

Joy Martin

Marr Properties, Inc. License #524075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,125

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Ocean Front
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Ocean
  • Canal

Home Design

  • Metal Roof

Interior Spaces

  • 4,580 Sq Ft Home
  • 3-Story Property
  • Bar
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Oven
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Electric Power Shutters
  • Impact Glass

Parking

  • Garage
  • Carport
  • Electric Gate
  • Open Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Boat Lift
  • Boat Slip
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Patio
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage
  • Attached Grill

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 00453475-017100

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,125

Year Built

Built in 1995 | Remodeled

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 3000.00
  • Mandatory HOA: Yes
  • Dockage Dock: Composite
  • Fee Includes: Common Area Mnt, Security
  • Handicap Access: No
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 37124.70
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Off Street Parking, Open Parking, Attached, Carport
  • Year Built: 1995
  • Alternate Key Number: 1556807
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 12120.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Association Maintenance Fee Per: Yearly
  • Shutters: Roll Down Electric
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 4580.00
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets, Bar, Window Treatments
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: More Appliances, Wine Cooler, Ice Machine, Freezer, Oven, Refrigerator, Dishwasher, Dryer, Washer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Appliances Other: YES
  • Total Bedrooms: 4
  • Accessibility Features: None

Exterior Features

  • Dockage: Boat Lift, Boat Slip
  • Waterfront: Oceanfront, Open Water, Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Built-in Grill, Storage, Outdoor Kitchen, Lighting, Hot Tub
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View, Canal View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE
  • Parcel Number: 00453475-017100
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.28

Rental Info

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

Tax Info

  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $33,893 $4,529,639 $2,702,860 $1,826,779
2024 $29,941 $4,384,071 $2,551,360 $1,832,711
2023 $29,941 $3,993,893 $2,363,500 $1,630,393
2022 $26,426 $3,643,208 $1,999,950 $1,643,258
2021 $24,195 $2,907,882 $1,393,950 $1,513,932
2020 $21,638 $2,697,529 $1,454,550 $1,242,979
2019 $19,970 $2,517,283 $1,515,150 $1,002,133
2018 $17,785 $2,057,771 $1,242,450 $815,321
2017 $17,849 $2,075,320 $0 $0
2016 $16,835 $1,876,721 $0 $0
2015 $16,928 $1,859,849 $0 $0
2014 $17,036 $2,012,263 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2025 12/08/25 Price Changed $7,900,000 -6.0% $1,725 / Sq Ft
11/09/2025 11/09/25 For Sale $8,400,000 -- $1,834 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,630,000 None Listed On Document
Warranty Deed $1,000,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 New Conventional
Source: Public Records

About the Listing Agent

Carolyn Ambler

American Caribbean Real Estate, Christie's International Real Estate

(645) 215-8185

Section Image

Carolyn Ambler offers high-end real estate services to both buyers and sellers, catering to a wide range of price points. She has been honored with an invitation to the prestigious 2023 Christie's International Real Estate Master's Circle, which positions her among the elite agents globally, representing Christie's and achieving remarkable success as a top producer with American Caribbean Real Estate, the exclusive affiliate of Christie's International Real Estate in the Florida Keys. Through

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Source: Florida Keys Board of REALTORS®

MLS Number: 617259

Florida Keys Board of REALTORS®

APN: 00453475-017100