NOT LISTED FOR SALE

552 Ocean Cay Dr Key Largo, FL 33037

Estimated Value: $4,384,000 - $5,539,000

3 Beds
3 Baths
3,442 Sq Ft
$1,443/Sq Ft Est. Value

Last Sold December 02, 2020

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

Est. 43% increase in value since last sale

Current estimated payment $28,709/month

115 Days on Market

Highlights

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

Marr Properties, Inc. License #524075

Last Buyer's Agent

Lisa Frins

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

  • 0.28 Acre 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

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

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2020
Closed on
Dec 1, 2020
Sold by
Golder Joshua M
Bought by
Douglas J Rudd Revocable Trust and Rudd
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
$4,965,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,495,624
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Jun 20, 2019
Sold by
Watkins Barney and Watkins Gina
Bought by
Golder Joshua M

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
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2016
Sold by
Kuijvenhoven Yvonne M
Bought by
Watkins Barney and Watkins Gina

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
3.61%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 7, 2014
Sold by
Kuijvenhoven Arend J and Kuijvenhoven Yvonne M
Bought by
Kuijvenhoven Yvonne M

Purchase Details

Closed on
Oct 2, 2006
Sold by
Amen Callahan Robin Sternbergh
Bought by
Kuijvenhoven Arend J and Kuijvenhoven Yvonne M

Purchase Details

Closed on
May 5, 2005
Sold by
Callahan Robin Sternbergh and Callahan Raymond J
Bought by
Callahan Raymond J and Callahan Robin Sternbergh

Purchase Details

Closed on
Nov 8, 2002
Sold by
Lasseter Kathy
Bought by
Graves Frank

Purchase Details

Closed on
Jul 19, 1999
Bought by
Watkins Barney and Watkins Gina

Purchase Details

Closed on
Aug 1, 1991
Bought by
Watkins Barney and Watkins Gina

Purchase Details

Closed on
Mar 1, 1989
Bought by
Watkins Barney and Watkins Gina

Purchase Details

Closed on
May 1, 1988
Bought by
Watkins Barney and Watkins Gina

Purchase Details

Closed on
Sep 1, 1982
Bought by
Watkins Barney and Watkins Gina
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Douglas J Rudd Revocable Trust $3,470,000 None Listed On Document
Golder Joshua M $3,447,500 Attorney
Watkins Barney $2,100,000 None Available
Kuijvenhoven Yvonne M -- None Available
Kuijvenhoven Arend J $3,500,000 Attorney
Callahan Raymond J -- --
Graves Frank -- --
Watkins Barney $1,200,000 --
Watkins Barney $220,000 --
Watkins Barney -- --
Watkins Barney -- --
Watkins Barney -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Golder Joshua M $2,758,000
Previous Owner Watkins Barney $1,600,000
Source: Public Records

Property History

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 Compared to Growth

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 $31,933 $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

    (203) 395-6773

    9 in this area

    56 Total Sales

    Carolyn Ambler
    Section Image
  • Joy Martin

    Seller Co-Listing Agent in 2020

    Joy Martin

    Marr Properties, Inc.

    (305) 394-7866

    43 in this area

    123 Total Sales

    Joy Martin
    Section Image

  • L

    Buyer's Agent in 2020

    Lisa Frins

    Century 21 Prestige Realty Grp, Tavernier

See All Agents

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

Not Listed for Sale

Detached

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.

Nearby Homes