NOT LISTED FOR SALE

558 Ocean Cay Dr Key Largo, FL 33037

Estimated Value: $5,985,000 - $8,049,580

7 Beds
6 Baths
7,249 Sq Ft
$932/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $5,000,000 $690 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $37,957/month

55 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • Heated In Ground Pool
  • Coral Shores High School Rated A
  • Boat Lift
  • 1-minute walk to Jacobs Community Park

About This Home

As of July 2022

Ocean Cay Estates custom built Oceanfront Home in the best location in the Cay. Stunning 7 bedroom, 6 bathroom luxury home exquisitely designed for radiant coastal living with relaxing water views from every room. Enjoy 100 feet of protected yacht dockage, 20,000 lb boat slip and rare turning basin for superior navigation. The interior features multiple entertaining areas, custom gym, 2 garages. Custom built concrete home by one of Key Largo's premier home builders. Meticulously remodeled by the most coveted designer in the Keys. Rare opportunity to own in this premier gated community.

Last Agent to Sell the Property

Ana G Zalesky

Coldwell Banker Schmitt Key Largo License #3028693 Listed on: 04/30/2022

Coldwell Banker Schmitt Key Largo

Co-Listed By

Holly Hight

Ocean Sotheby's International Realty License #3234318

Last Buyer's Agent

Ana Zalesky, P.A.

Shoreline Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,511

Year Built

  • Built in 1994

Lot Details

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

HOA Fees

  • $125 Monthly HOA Fees

Property Views

  • Ocean
  • Canal

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 7,249 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Sliding Doors
  • Entrance Foyer
  • Sun or Florida Room
  • Home Gym
  • Tile Flooring

Kitchen

  • Oven
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Electric Power Shutters
  • Impact Glass

Parking

  • Garage
  • Electric Gate
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Fiberglass Pool

Outdoor Features

  • Boat Lift
  • Balcony
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00453475-017400

Community Details

Overview

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

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,511

Year Built

Built in 1994

Lot Details

0.28 Acres

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1500.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Other, Security
  • Handicap Access: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 21511.16
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Covered Parking, Off Street Parking
  • Year Built: 1994
  • Alternate Key Number: 1556831
  • Cooling Heating: Central Air
  • Lot Sq Ft: 12120.00
  • Pool Info: In Ground, Fiberglass
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Yearly
  • Shutters: Accordion, Roll Down Manual, Roll Down Electric
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 7249.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Entrance Foyer, Walk-in Closet(s)
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Appliances: Washer, Stainless Steel Appliance(s), Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Gym, Sun/Florida Room, Laundry Room
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Other Windows/Doors
  • Total Bedrooms: 7

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Oceanfront, Open Water, Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing
  • Roof: Concrete Roof
  • Waterview: Ocean View, Open Water View, Canal View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE
  • Parcel Number: 00453475-017400
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.28

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Jul 1, 2022
Sold by
Bell Hatten Penelope
Bought by
Torres Humberto and Torres Yadira
Seller's Agent
Ana G Zalesky
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Ana Zalesky, P.A.
Shoreline Properties
List Price
$6,250,000
Sold Price
$5,000,000
Premium/Discount to List
-$1,250,000
-20%
Current Estimated Value
$6,755,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,755,395
Avg. Annual Appreciation
8.50%

Purchase Details

Closed on
Apr 8, 2022
Sold by
Bell Hatten and Bell Penelope
Bought by
Hatten Penelope Bell

Purchase Details

Listed on
Dec 1, 2013
Closed on
Oct 22, 2014
Sold by
Mau Richard L and Mau Donna C
Bought by
Hatten Dean and Hatten Penelope Bell
Seller's Agent
Joy Martin
Marr Properties, Inc.
Buyer's Agent
Holly Hight
Ocean Sotheby's International Realty
List Price
$2,799,000
Sold Price
$2,555,000
Premium/Discount to List
-$244,000
-8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$1,788,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 20, 2010
Sold by
Mau Richard and Mau Donna C
Bought by
Mau Richard L and Mau Donna C

Purchase Details

Closed on
Oct 22, 2001
Sold by
Council Of Florida I
Bought by
Ohayon Elie and Ohayon Marie-Hele

Purchase Details

Closed on
Apr 29, 1998
Sold by
Felipe Juan
Bought by
Mau Richard and Mau Donna C

Purchase Details

Closed on
Nov 1, 1991
Bought by
Hatten Dean and Hatten Penelope Bell
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Buyer Sale Price Title Company
Torres Humberto $5,000,000 Cunningham Miller Rhyne Pa
Hatten Penelope Bell -- Henderson Franklin Starnes & H
Hatten Dean $2,555,000 None Available
Mau Richard L -- Attorney
Ohayon Elie $6,500 --
Mau Richard $1,325,000 --
Hatten Dean $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hatten Dean $1,788,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2022 07/01/22 Sold $5,000,000 -13.0% $690 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
05/20/2022 05/20/22 Price Changed $5,750,000 -8.0% $793 / Sq Ft
04/30/2022 04/30/22 For Sale $6,250,000 +144.6% $862 / Sq Ft
10/22/2014 10/22/14 Sold $2,555,000 -8.7% $352 / Sq Ft View Prior Sale
09/17/2014 09/17/14 Pending -- -- --
12/01/2013 12/01/13 For Sale $2,799,000 -- $386 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $36,797 $4,724,012 $2,702,902 $2,021,110
2024 $34,950 $4,575,870 $2,551,402 $2,024,468
2023 $34,950 $4,323,015 $2,363,542 $1,959,473
2022 $20,949 $2,695,453 $0 $0
2021 $21,511 $2,616,945 $0 $0
2020 $21,360 $2,580,814 $0 $0
2019 $20,917 $2,522,790 $0 $0
2018 $20,943 $2,475,751 $0 $0
2017 $20,486 $2,424,831 $0 $0
2016 $19,956 $2,237,410 $0 $0
2015 $19,867 $2,190,599 $0 $0
2014 $18,603 $2,167,221 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ana G Zalesky

    Seller's Agent in 2022

    Ana G Zalesky

    Coldwell Banker Schmitt Key Largo

    (305) 394-1404

    36 in this area

    56 Total Sales

    Ana G Zalesky
    Section Image
  • Holly Hight

    Seller Co-Listing Agent in 2022

    Holly Hight

    Ocean Sotheby's International Realty

    (305) 394-3083

    19 in this area

    57 Total Sales

    Holly Hight
    Section Image

  • A

    Buyer's Agent in 2022

    Ana Zalesky, P.A.

    Shoreline Properties

  • A

    Buyer's Agent in 2022

    Ana Zalesky

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

  • A

    Buyer's Agent in 2022

    Ana G. Zalesky, P.A.

    Island Equity Real Estate

  • Joy Martin

    Seller's Agent in 2014

    Joy Martin

    Marr Properties, Inc.

    (305) 394-7866

    39 in this area

    104 Total Sales

    Joy Martin
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 600829

Florida Keys Board of REALTORS®

APN: 00453475-017400

Florida Monroe County Key Largo 33037

558 Ocean Cay Dr, Key Largo, FL

Not Listed for Sale

Detached

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