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For sale
  • $14,650,000

    121 Beach Rd Unit 306, Key Largo, FL 33037

    4beds
    3,650sqft
    : 
    Condominium
    Built in 2018
    -- sqft lot
    $13,681,300 Zestimate®
    $4,014/sqft
    $5,465/mo HOA

    What's special

    Luxurious finishes throughoutCustom built-in cabinetryOpen floor planGas bbqSmart home technologyMiacucina italian cabinetrySpa-inspired bath
    121 Marina at Ocean Reef is among the community's most sought-after waterfront condominium residences, offering 750 feet of marina frontage. This expansive 4-bedroom, 4 full and 1 half bath home spans 3,650 air-conditioned square feet of refined coastal living. Designed with an open floor plan and soaring 9-foot ceilings, the residence features generous living spaces and a seamless indoor-outdoor flow. The outdoor terrace, over 650 square feet, is ideal for entertaining, complete with a gas BBQ, roll-down sunshades, and beautiful waterfront views. The chef's kitchen is thoughtfully appointed with MiaCucina Italian cabinetry, elegant stone countertops, and premium Sub-Zero and Wolf appliances. A built-in espresso and cappuccino station, along with a Sub-Zero wine cooler, enhances the home's inviting bar and entertaining area. The primary suite offers a private retreat with oversized walk-in closets, custom built-in cabinetry, and a spa-inspired bath featuring dual vanities, a deep-soaking tub, a separate water closet, and luxurious finishes throughout. Each guest bedroom includes its own en-suite bath, ensuring comfort and privacy. Additional features include Smart Home technology, high-speed internet pre-wiring, a full laundry room with ample storage, two dedicated car spaces, and two golf cart spaces. A large private storage area is also located in the garage. Residents of 121 Marina enjoy exceptional amenities, including on-site property management, a Junior Olympic swimming pool with a lap lane, fitness center, steam room, sauna, and Beacon House, where you can host private parties. Secure, private, and impeccably maintained, 121 Marina offers effortless waterfront living in the heart of Ocean Reef.
    19 days
    |
    558
    |
    9
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: March 19, 2026 at 05:39am

    Listed by:

    Mary Lee,

    Ocean Reef Club Sotheby's International Realty

    Source: CLS at Ocean Reef,MLS#: 4996MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Appliances
      • Included: Washer, Dryer, Dishwasher, Freezer, Refrigerator, Microwave
      • Laundry: Laundry Room
      Features
      • Private Elevator, Central Vacuum
      • Windows: Impact Glass
      Interior area
      • Total structure area: 3,650
      • Total interior livable area: 3,650 sqft
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      Property

      Accessibility
      • Accessibility features: Wheel Chair Accessible
      Features
      • Stories: 1
      • Exterior features: Dock, Outdoor Kitchen
      Details
      • Parcel number: 00569471006306
      • Special conditions: Traditional

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Condition
      • New construction: No
      • Year built: 2018

      Community & HOA

      Community
      • Subdivision: 121 Marina at Ocean Reef
      HOA
      • Has HOA: Yes
      • HOA fee: $5,465 monthly
      Location
      • Region: Key Largo

      Financial & listing details

      • Price per square foot: $4,014/sqft
      • Tax assessed value: $9,940,769
      • Annual tax amount: $64,566
      • Date on market: 3/18/2026
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        Estimated market value

        $13,681,300

        $13.00M - $14.37M

        $7,476/mo

        Price history

        Price history
        DateEventPrice
        3/18/2026Listed for sale$14,650,000+157%$4,014/sqft
        Source: CLS at Ocean Reef #4996 Report a problem
        5/31/2019Sold$5,700,000$1,562/sqft
        Source: CLS at Ocean Reef #1073 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$67,256 +40%$9,940,769 +50.2%
        2024$48,053 +14.2%$6,617,283 +10%
        2023$42,090 +6.9%$6,015,712 +10%
        2022$39,390 +10.1%$5,468,829 +10%
        2021$35,780 +6.7%$4,971,663 +7.6%
        2020$33,546 $4,622,324 -2.1%
        2019$33,546 -2.2%$4,721,471 +696.2%
        2018$34,313 $593,000

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $88,532/mo
        Principal & interest
        $73056
        Property taxes
        $10011
        HOA Fees
        $5465
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          Climate risks

          Neighborhood: 33037

          Getting around

          44 / 100
          Car-Dependent
          60 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 33037

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