For sale by owner

$15,000,000

32 E Snapper Point Dr, Key Largo, FL 33037

4beds

2,680sqft

$92,982/mo

Get pre-qualified

SingleFamily

Built in 1977

0.5 Acres Lot

$-- Zestimate^®

$5,597/sqft

$1,000/mo HOA

What's special

Modern updatesSaltwater poolSpacious pool deckPropane generatorEndless waterfront viewsCanal frontage

A rare opportunity to acquire one of the few homes at Ocean Reef with a canal on one side and a lagoon on the other. Experience the pinnacle of waterfront living with 153’ of frontage on the canal and a 40’ dock. The home has had renovations in 2017, 2020 and 2023, it has 4 bedrooms and 3 full baths along with a large pool deck and a 2 cart / 1 car garage. Features include: • totally renovated in 2017, including a new roof • 2,680 sf under A/C • Expandable to 6BR / 6BA (plan available) • Salt water pool • 40’ dock with 110v, 30amp and 50amp service • New kitchen with all new appliances in 2021 • New A/C units in 2023 • New propane generator installed in 2023

What the owner loves about this home

Features: • Complete renovation 2017 including the roof • 4 BR / 3 BA (expansion possible to 6 BR / 6BA) • 6,186 sf gross • 2,680 sf A/C • 2020 New kitchen including all appliances • Salt water generator for pool • Garage – 1 car / 2 carts • 153’ canal frontage • 2017 - 40’ dock w/110v, 50 amp & 30 amp • 2023 22KW generator & 1,000 gal propane tank • 2023 A/C replacement o 5 ton compressor / air handler / ductwork – 10 yr warranty o 2 ton compressor / air handler – 10 yr warranty • Hot water circulator pump with direct supply from hot water heater to MBA • Expansions to the north and south possible (plans available)

379 days

933

14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

Forced air, Electric

Cooling

Central

Appliances

Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer

Features

Flooring: Tile, Carpet, Hardwood
Basement: None
Has fireplace: No

Interior area

Total interior livable area: 2,680 sqft

Property

Parking

Parking features: Garage - Attached

Features

Exterior features: Stucco
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water

Lot

Size: 0.5 Acres

Details

Parcel number: 00571971003200

Construction

Type & style

Home type: SingleFamily

Materials

Concrete Block
Foundation: Piling
Roof: Tile

Condition

New construction: No
Year built: 1977

Community & HOA

HOA

Has HOA: Yes
HOA fee: $1,000 monthly

Location

Region: Key Largo

Financial & listing details

Price per square foot: $5,597/sqft
Tax assessed value: $10,324,462
Annual tax amount: $40,940
Date on market: 7/30/2025

Estimated market value

Not available

Estimated sales range

Not available

$6,759/mo

Price history

Date	Event	Price
3/2/2026	Price change	$15,000,000-6.3%$5,597/sqft
Source: Owner Report a problem
2/24/2026	Listed for sale	$16,000,000+6.7%$5,970/sqft
Source: Owner Report a problem
2/13/2026	Listing removed	--
Source: Owner Report a problem
12/6/2025	Listed for sale	$15,000,000$5,597/sqft
Source: Owner Report a problem
11/23/2025	Listing removed	--
Source: Owner Report a problem
7/30/2025	Listed for sale	$15,000,000-11.2%$5,597/sqft
Source: Owner Report a problem
5/1/2024	Listing removed	$16,900,000$6,306/sqft
Source: CLS at Ocean Reef #2652 Report a problem
2/9/2024	Listed for sale	$16,900,000+333.3%$6,306/sqft
Source: CLS at Ocean Reef #2652 Report a problem
6/5/2017	Sold	$3,900,000-21.2%$1,455/sqft
Source: Public Record Report a problem
1/31/2017	Price change	$4,950,000-3.9%$1,847/sqft
Source: Russell Post Sotheby's International Realty #OR899 Report a problem
5/4/2016	Price change	$5,150,000-2.6%$1,922/sqft
Source: Russell Post Sotheby's International Realty #OR899 Report a problem
1/28/2016	Listed for sale	$5,290,000+522.4%$1,974/sqft
Source: Russell Post Sotheby's International Realty #OR899 Report a problem
11/2/1995	Sold	$850,000$317/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$40,940 +3.7%	$6,038,064 +2.9%
2024	$39,485 +2%	$5,867,896 +3%
2023	$38,714 +4.8%	$5,696,987 +3%
2022	$36,953 +40%	$5,531,056 +51.4%
2021	$26,403 -1.1%	$3,653,552 -0.4%
2020	$26,701	$3,667,643 +3.1%
2019	$26,701 +2.9%	$3,558,197 +2.2%
2018	$25,958 -0.2%	$3,482,296 +21.8%
2017	$26,000 +23.2%	$2,860,191 +2.1%
2016	$21,103 -3.2%	$2,801,363 +0.7%
2015	$21,806	$2,781,890