Brand New Luxury Oceanfront Estate | 300+ Ft of Water FrontageExperience exceptional coastal living in this brand-new luxury oceanfront estate in Key Largo, offering over 300 feet of water frontage with sweeping open-water views and direct boating access. Expertly built by renowned Nivar Group, Ocean Reef builders known for elite craftsmanship and high-end coastal construction, this newly completed residence offers the quality and lifestyle many buyers seek in Ocean Reef in a private oceanfront setting.The home features 4 spacious bedrooms, each with its own ensuite bathroom, plus a private office that can serve as a fifth bedroom and a stylish half bath for guests. The expansive primary suite includes custom his-and-hers walk-in closets with built-in shelving and drawers. Open living spaces are designed to capture breathtaking ocean views while creating a seamless indoor-outdoor lifestyle.The chef's kitchen is equipped with premium Sub-Zero and Wolf appliances, making it ideal for entertaining and everyday living. Outside, a resort-style pool and hot tub overlook the Atlantic, creating a stunning waterfront retreat.Boaters will appreciate several dockage spaces, including a cut-in dock with a 12,000 lb elevator lift and an additional 24,000 lb lift, and a dock specific for loading and unloading, providing outstanding accommodations for multiple vessels and quick ocean access.Additional features include a private elevator, an enclosed ground level ideal for storage or waterside entertaining, and a whole-home backup generator for comfort and security year-round.For buyers searching for a luxury oceanfront home in Key Largo or a private alternative to Ocean Reef, this exceptional waterfront estate delivers panoramic views, premier boating access, and the Florida Keys lifestyle at its finest.
New construction
$7,299,000
1002 Snapper Ln, Key Largo, FL 33037
5beds
3,490sqft
Est.:
Single Family Residence
Built in 2026
0.36 Acres Lot
$-- Zestimate®
$2,091/sqft
$-- HOA
What's special
Private elevatorDirect boating accessSweeping open-water viewsExpansive primary suitePanoramic viewsSeamless indoor-outdoor lifestylePremier boating access
- 29 days |
- 2,289 |
- 108 |
Zillow last checked: 7 hours ago
Listing updated: April 01, 2026 at 12:14am
Listed by:
Brooke Vega 305-394-5759,
American Caribbean Real Estate, Christie's International Real Estate
Source: FLKMLS,MLS#: 619063
Originating MLS: Florida Keys
Originating MLS: Florida KeysTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Washer, Stainless Steel Appliance(s), Wine Cooler, Freezer, Microwave, Oven, Refrigerator, Dishwasher, Dryer, Tankless Water Heater
Features
- Cathedral Ceiling(s), Elevator, Quartz Countertops, Walk-In Closet(s), Storage, Entrance Foyer
- Flooring: Tile
- Doors: Impact Rstnce Doors
- Windows: Impact Rstnce Window
- Furnished: Yes
Interior area
- Total interior livable area: 3,490 sqft
Property
Parking
- Parking features: Carport, Covered, Off Street, Open
- Has carport: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Yes, Accessible Elevator Installed
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open Porch/Balcony, Deck, Patio
- Exterior features: Rain Gutters, Outdoor Kitchen, Lighting, Boat Slip
- Has private pool: Yes
- Pool features: Heated, In Ground, Concrete
- Has spa: Yes
- Spa features: Private
- Has view: Yes
- View description: Ocean, Water, Canal
- Has water view: Yes
- Water view: Ocean,Water,Canal
- Waterfront features: Oceanfront, Open Water, Waterfront, Dock: Concrete, Dockage: Boat Lift, Boat Slip, Boat Ramp
Lot
- Size: 0.36 Acres
- Features: 1/4 - 1/2 Acre
Details
- Parcel number: 00485030000000
- Zoning: IS
- Zoning description: Improved Subivision District
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS
- Roof: Metal
Condition
- New Construction
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Electric: Elect Separate Meter, Generator
- Sewer: Public Sewer
- Utilities for property: FKAA, Propane, Cable Available, Buyer to Verify
Green energy
- Energy efficient items: Lighting
- Water conservation: Dual Flush, Low-Flow Fixtures
Community & HOA
Community
- Security: Smoke Detector(s), Security System, On Premises System
- Subdivision: Sunrise Point (95.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $2,091/sqft
- Tax assessed value: $2,084,200
- Annual tax amount: $17,642
- Date on market: 3/13/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Listed for sale | $7,299,000$2,091/sqft |
Source:  FLKMLS #619063 Report a problem | ||
| 3/11/2026 | Listing removed | $7,299,000$2,091/sqft |
Source: FLKMLS #616596 Report a problem | ||
| 9/23/2025 | Listed for sale | $7,299,000+263.1%$2,091/sqft |
Source: FLKMLS #616596 Report a problem | ||
| 8/1/2023 | Sold | $2,010,000-15.4%$576/sqft |
Source: Public Record Report a problem | ||
| 4/26/2023 | Listing removed | -- |
Source: FLKMLS #601996 Report a problem | ||
| 10/28/2022 | Pending sale | $2,375,000$681/sqft |
Source: FLKMLS #601996 Report a problem | ||
| 8/19/2022 | Price change | $2,375,000-4%$681/sqft |
Source:  Key West AOR #601996 Report a problem | ||
| 7/27/2022 | Listed for sale | $2,475,000-11.6%$709/sqft |
Source: Key West AOR #601996 Report a problem | ||
| 4/16/2022 | Listing removed | -- |
Source: Key West AOR #599624 Report a problem | ||
| 2/11/2022 | Listed for sale | $2,800,000+47.4%$802/sqft |
Source: FLKMLS #599624 Report a problem | ||
| 11/30/2021 | Sold | $1,900,000$544/sqft |
Source: FLKMLS #597825 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,643 -11.3% | $2,084,200 -13.7% |
| 2024 | $19,899 +15.9% | $2,415,650 +33.4% |
| 2023 | $17,168 +28.5% | $1,810,635 +10% |
| 2022 | $13,364 +20.6% | $1,646,032 +29.2% |
| 2021 | $11,084 -5% | $1,274,399 -4.7% |
| 2020 | $11,668 | $1,336,857 +2.6% |
| 2019 | $11,668 +2.2% | $1,303,277 -0.4% |
| 2018 | $11,414 -2.3% | $1,309,093 -0.5% |
| 2017 | $11,683 -0.3% | $1,315,643 +54.3% |
| 2016 | $11,719 +50.6% | $852,817 +0.7% |
| 2015 | $7,781 | $846,889 |
Find assessor info on the county website
Monthly payment
Est. payment
$41,681/mo
Principal & interest
$36693
Property taxes
$4988
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Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 9.6 mi
- 4/10Coral Shores High SchoolGrades: 9-12Distance: 4.9 mi
Local experts in 33037
- Florida
- Monroe County
- Key Largo
- 33037
- 1002 Snapper Ln
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