$5,480,000
OPEN SUN 2PM - 4PM $880K PRICE DROP PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

60 Ocean Front Dr Key Largo, FL 33037

Estimated payment $30,376/month

Total Views 7,349
3 Beds
3 Baths
2,511 Sq Ft
$2,182 Price per Sq Ft

Highlights

  • Ocean Front
  • Beach
  • Tennis Courts
  • Coral Shores High School Rated A
  • Sandy Beach
  • 1-minute walk to Schwingggg

About This Home

LUXURY PRIVATE AUCTION Sellers may accept or reject bids at any time. Introducing The Oasis, an extraordinary oceanfront sanctuary in the heart of Key Largo, where modern elegance meets timeless coastal design. This newly renovated villa offers 86 feet of direct Atlantic frontage and spans an impressive 20784 square feet of prime oceanfront land and additional bay bottom creating an unparalleled sense of space and serenity. Designed to seamlessly merge indoor and outdoor living, the residence features 3 bedrooms, 3 bathrooms, and approximately 2,500 sq ft of refined interiors with floor-to-ceiling glass walls framing endless turquoise views and infusing the home with natural light. Outdoors, experience the ultimate resort-style living with a 75-foot infinity-edge heated pool that appears to flow directly into the Atlantic, a private sandy beach, and a ramp with ocean access for effortless days on the water. Expansive terraces, a covered patio, and a gas-powered summer kitchen offer the perfect setting for entertaining or quiet relaxation beneath swaying palms. The home's solid concrete construction, impact glass, and metal roof ensure strength and peace of mind, while tropical landscaping and privacy fencing create a secluded retreat surrounded by nature's beauty. Inside, an open-concept layout connects the chef's kitchen, dining, and living spaces to the oceanfront terraces beyond, capturing gentle breezes and glowing sunrises. Conceptual architectural expansion plans are available for an additional four bedrooms and two bathrooms, along with dock plans for a private pier dock, providing an exceptional investment immersed in the tranquil rhythm of the sea. Perfectly positioned, the Oasis is within minutes from fine dining, and boutique shopping yet feels worlds away, surrounded by turquoise waters and tropical serenity. resort-style luxury with architectural elegance.

Listing Agent

TEAM Walters Gloria, Rachel and Michae

Ocean Sotheby's International Realty License #662034_1 Listed on: 10/27/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,023

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 0.47 Acre Lot
  • Ocean Front
  • Sandy Beach
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,511 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bar
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Home Theater
  • Storage
  • Utility Room
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Flush Toilets

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Electric Gate
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Pool

  • Concrete Pool
  • Heated Lap Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Tennis Courts
  • Balcony
  • Deck
  • Patio
  • Outdoor Kitchen
  • Exterior Lighting
  • Shed
  • Attached Grill

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Hot Water Heating System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Accessible Parking
  • ENERGY STAR/CFL/LED Lights

Listing and Financial Details

  • Assessor Parcel Number 00498730-000100

Community Details

Overview

  • No Home Owners Association
  • Key Largo Ocn Shores Subdivision
  • RV Parking in Community

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,023

Year Built

Built in 1990 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Voluntary HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • 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
  • Neighborhood Feature: Tennis Courts, Bike Paths, Other Area Features, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 23022.63
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Trailer Storage, Covered Parking, RV Parking Covered, RV Parking Open, Off Street Parking, Guest Parking, Open Parking, Attached, Carport
  • Year Built: 1990
  • Alternate Key Number: 8785666
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 20784.00
  • Pool Info: In Ground, Decked, Concrete, Lap, Salt Water
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Association Info Condo Docs: No
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2511.00
  • Pre Wired: Cable, Surround Sound
  • Financial Status Standard Sale: Yes
  • G F Interior Features: Dual Flush, LED Lighting
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: OpenHouse
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Cathedral Ceilings, Built-in Cabinets, Tray Ceilings, Bar, Window Treatments, Walk-in Closet(s), Storage, Smoke Alarms, Granite Counter Top, Entrance Foyer, Pantry, Split Bedroom
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Gas Appliances, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood, Marble
  • Specialty Rooms: Media Room, Utility Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3
  • Accessibility Features: Parking
  • Sq Ft Remarks: Lot is so large and easily able to remodel with additional living space

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Bar, Storage, Sprinkler System, Shed, Sandy Beach, Privacy Wall/Fence, Outdoor Shower, Outdoor Kitchen, Lighting, Fruit Tree(s), Fencing, Built-in Grill
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, No Security
  • Utilities: FKAA, Elect Separate Meter, Cable Available, Buyer to Verify, Municipal Sewer, Community Swr Plant
  • Heating: Central, Propane, Hot Water, Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,VE,VE
  • Parcel Number: 00498730-000100
  • Land Size: 1 Less Than 2 Acres
  • Acres: 0.47

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished, Negotiable

Tax Info

  • Tax Year: 2024

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 $23,023 $3,073,330 $2,138,025 $935,305
2024 $23,484 $2,812,813 $1,905,422 $907,391
2023 $23,484 $2,862,423 $1,854,417 $1,008,006
2022 $19,354 $2,470,014 $1,272,657 $1,197,357
2021 $16,362 $1,925,865 $836,337 $1,089,528
2020 $8,656 $1,008,895 $0 $0
2019 $8,030 $930,465 $0 $0
2018 $8,034 $913,116 $0 $0
2017 $7,864 $894,335 $0 $0
2016 $7,978 $875,941 $0 $0
2015 $8,062 $869,852 $0 $0
2014 $8,224 $862,948 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2026 01/08/26 Price Changed $5,480,000 -8.7% $2,182 / Sq Ft
10/27/2025 10/27/25 Price Changed $6,000,000 -5.7% $2,389 / Sq Ft
10/27/2025 10/27/25 For Sale $6,360,000 +88.4% $2,533 / Sq Ft
05/24/2023 05/24/23 Sold $3,375,000 -15.6% $1,344 / Sq Ft View Prior Sale
05/19/2023 05/19/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $3,999,000 0.0% $1,593 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $3,999,000 +70.2% $1,593 / Sq Ft
07/10/2020 07/10/20 Sold $2,350,000 -5.6% $1,015 / Sq Ft View Prior Sale
04/23/2020 04/23/20 Pending -- -- --
02/26/2020 02/26/20 Price Changed $2,490,000 -3.9% $1,076 / Sq Ft
06/24/2019 06/24/19 For Sale $2,590,000 -- $1,119 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,375,000 Florida Closing & Escrow
Warranty Deed $3,375,000 Florida Closing & Escrow
Warranty Deed $656,000 --
Warranty Deed $600,000 --
Warranty Deed $130,000 --
Warranty Deed $325,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,500,000 New Conventional
Closed $2,500,000 New Conventional
Previous Owner $450,000 New Conventional
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 617050

Florida Keys Board of REALTORS®

APN: 00498730-000100