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Pending
  • Price cut: $545K (1/21)
    $6,750,000

    20 Bay Ridge Rd, Key Largo, FL 33037

    4beds
    3,018sqft
    : 
    Single Family Residence
    Built in 1973
    0.45 Acres Lot
    $6,221,900 Zestimate®
    $2,237/sqft
    $-- HOA

    What's special

    Large poolAbundance of natural lightFour spacious bedroomsStylish outdoor furnitureOversized master suiteCustom built-in barComfortable warm and inviting
    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.”
    149 days
    |
    77
    |
    2
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 28, 2026 at 01:12pm

    Listed by:

    Cassy Everhart, Morgan Smith,

    Ocean Reef Club Sotheby's International Realty

    Source: CLS at Ocean Reef,MLS#: 2912MLS Logo

      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: $2,237/sqft
      • Tax assessed value: $4,187,867
      • Annual tax amount: $18,599
      • Date on market: 10/27/2025
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        Estimated market value

        $6,221,900

        $5.91M - $6.53M

        $7,979/mo

        Price history

        Price history
        DateEventPrice
        1/28/2026Pending sale$6,750,000$2,237/sqft
        Source: CLS at Ocean Reef #2912 Report a problem
        1/21/2026Price change$6,750,000-7.5%$2,237/sqft
        Source: CLS at Ocean Reef #2912 Report a problem
        12/17/2025Price change$7,295,000-7.1%$2,417/sqft
        Source: CLS at Ocean Reef #2912 Report a problem
        10/27/2025Listed for sale$7,850,000+361.8%$2,601/sqft
        Source: CLS at Ocean Reef #2912 Report a problem
        8/11/2017Sold$1,700,000-11.7%$563/sqft
        Source: Public Record Report a problem
        4/14/2017Price change$1,925,000-2.5%$638/sqft
        Source: Ocean Reef Club Real Estate Company #1247 Report a problem
        3/9/2017Price change$1,975,000-0.3%$654/sqft
        Source: Ocean Reef Club Real Estate Company #1247 Report a problem
        11/16/2016Price change$1,980,000-0.9%$656/sqft
        Source: Owner Report a problem
        7/21/2016Price change$1,998,000+8%$662/sqft
        Source: Owner Report a problem
        6/18/2016Listed for sale$1,850,000+146.7%$613/sqft
        Source: Visual Tour Report a problem
        2/12/2016Sold$750,000-44.4%$249/sqft
        Source: FLKMLS #569439 Report a problem
        7/29/2015Listing removed$1,350,000$447/sqft
        Source: Russell Post Sotheby's International Realty #OR958 Report a problem
        7/10/2015Price change$1,350,000+23.3%$447/sqft
        Source: Russell Post Sotheby's International Realty #958 Report a problem
        7/20/2012Listed for sale$1,095,000-4.8%$363/sqft
        Source: Russell Post Sotheby's International Realty #OR49 Report a problem
        9/21/2011Listing removed$1,150,000$381/sqft
        Source: Russell Post Sotheby's International Realty #1704415 Report a problem
        2/25/2011Listed for sale$1,150,000+35.3%$381/sqft
        Source: Russell Post Sotheby's International Realty #1704415 Report a problem
        6/11/2001Sold$850,000$282/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax 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%
        2022$14,190 +29.3%$1,633,335 +10%
        2021$10,976 +2.7%$1,484,850 +3.5%
        2020$10,688 $1,434,095 -0.5%
        2019$10,688 -0.6%$1,440,988 -0.3%
        2018$10,752 -2.5%$1,445,376 +23.7%
        2017$11,022 +22.9%$1,168,504 +5.6%
        2016$8,965 0%$1,106,955 -3.2%
        2015$8,969 $1,143,149

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $39,018/mo
        Principal & interest
        $34406
        Property taxes
        $4612
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          Climate risks

          Neighborhood: 33037

          Getting around

          26 / 100
          Car-Dependent
          55 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 33037

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