Tucked away on Bay Ridge Road in one of the most sought-after neighborhoods, this elegant home which was renovated in 2024, offers a rare combination of style, privacy, and convenience. Its unbeatable location is only steps away from everything Ocean Reef has to offer! Four spacious bedrooms, each with its own en-suite bath, provide perfect accommodations for family and friends. The oversized master suite feels like a private hideaway. An abundance of natural light makes this home bright and cheerful from dawn to dusk. Soothing wall and furnishing colors combine with expertly curated design elements create an environment that is truly comfortable, warm, and inviting. Guests can be hosted casually in the breakfast nook or more formally in the spacious dining room, which abuts a large galley style kitchen. With seating for 14 at an expansive table positioned beneath a warm Pecky Cypress ceiling and a custom built-in bar and refreshment center, the Dining Room is the focal point of large social gatherings. Outside is a large pool, a sprawling pool patio outfitted with stylish outdoor furniture, and a full pool bath for added convenience. At night, lanterns that surround the pool create a welcoming glow. Landscaping that conveys simplicity with attractive elegance is complimented by soft, subtle low voltage lighting setting the mood from driveway to the very private backyard. Beautiful new driveway pavers provide a polished look leading to a garage that fits one car and two carts. All of this sits on an oversized 19,687-square-foot lot that provides the space for an approximately 1,100 square foot expansion. A plan for a casita with two bedrooms, two baths, and a living room has been prepared by a highly regarded Ocean Reef architect and is available upon request.”
For sale
Price cut: $555K (12/17)
$7,295,000
20 Bay Ridge Rd, Key Largo, FL 33037
4beds
3,018sqft
Est.:
Single Family Residence
Built in 1973
0.45 Acres Lot
$6,654,300 Zestimate®
$2,417/sqft
$-- HOA
What's special
Large poolAbundance of natural lightFour spacious bedroomsStylish outdoor furnitureOversized master suiteCustom built-in barComfortable warm and inviting
- 57 days |
- 535 |
- 8 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 17, 2025 at 06:41am
Listed by:
Cassy Everhart, Morgan Smith,
Ocean Reef Club Sotheby's International Realty
Source: CLS at Ocean Reef,MLS#: 2912
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 5
Appliances
- Included: Washer, Dryer, Dishwasher, Freezer, Refrigerator, Microwave
- Laundry: Laundry Room
Features
- Windows: Impact Glass
- Has fireplace: Yes
- Furnished: Yes
Interior area
- Total structure area: 3,018
- Total interior livable area: 3,018 sqft
Video & virtual tour
Property
Features
- Stories: 1
- Patio & porch: Deck/Patio
Lot
- Size: 0.45 Acres
Details
- Parcel number: 00571150000000
- Special conditions: Traditional
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1973
- Major remodel year: 2024
Community & HOA
Community
- Subdivision: Not Condo or Condo Outside MLS Area
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $2,417/sqft
- Tax assessed value: $4,187,867
- Annual tax amount: $18,599
- Date on market: 10/27/2025
Estimated market value
$6,654,300
$6.32M - $6.99M
$7,756/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/17/2025 | Price change | $7,295,000-7.1%$2,417/sqft |
Source: | ||
| 10/27/2025 | Listed for sale | $7,850,000+361.8%$2,601/sqft |
Source: | ||
| 8/11/2017 | Sold | $1,700,000-11.7%$563/sqft |
Source: Public Record Report a problem | ||
| 4/14/2017 | Price change | $1,925,000-2.5%$638/sqft |
Source: Ocean Reef Club Real Estate Company #1247 Report a problem | ||
| 3/9/2017 | Price change | $1,975,000-0.3%$654/sqft |
Source: Ocean Reef Club Real Estate Company #1247 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $21,152 +9.2% | $2,173,970 +10% |
| 2024 | $19,375 +12.6% | $1,976,336 +10% |
| 2023 | $17,206 +21.3% | $1,796,669 +10% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$43,901/mo
Principal & interest
$36363
Property taxes
$4985
Home insurance
$2553
Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 13.2 mi
- 4/10Coral Shores High SchoolGrades: 9-12Distance: 27.5 mi
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