Villa Cay Pre-Construction Luxury: 5 Bed | 5.5 Bath | $11,995,000. This new-build is pure elegance, and just a short stroll to Buccaneer Island Inside, has high 10ft ceilings and gleaming hardwood floors. The open layout flows from a sunlit living room straight into a showstopper kitchen with a marble island and Wolf-Sub-Zero appliances. Downstairs: Master suite and guest suite, both ensuite. Upstairs: three additional bedrooms, three baths, with sliding doors. Out back, your own private patio with outdoor Firplace, heated pool surrounded by palms, and a stunning outdoor kitchen. It's the kind of spot you dream about: cocktails under the stars, soft breeze rolling in, total relaxation, zero effort. Demo beginning in May 2026, Completion scheduled for November 2027.
For sale
$11,995,000
402 Carysfort Rd, Key Largo, FL 33037
5beds
3,278sqft
Est.:
Single Family Residence
Built in 1963
10,743 Square Feet Lot
$10,981,900 Zestimate®
$3,659/sqft
$-- HOA
What's special
Marble islandPrivate patioStunning outdoor kitchenOpen layoutShowstopper kitchenGleaming hardwood floorsSliding doors
- 71 days |
- 217 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
John Grunow,
Ocean Reef Homes,
Morgan Baskin,
Ocean Reef Homes
Source: CLS at Ocean Reef,MLS#: 4990
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Appliances
- Included: Washer, Dryer, Dishwasher, Freezer, Refrigerator, Microwave
- Laundry: Laundry Room
Features
- Private Elevator
- Windows: Impact Glass
Interior area
- Total structure area: 3,278
- Total interior livable area: 3,278 sqft
Property
Features
- Stories: 2
- Exterior features: Outdoor Kitchen
- Has spa: Yes
- Spa features: Spa/Hot Tub, Bath
Lot
- Size: 10,743 Square Feet
Details
- Parcel number: 1703061
- Special conditions: Traditional
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- As Is
- New construction: No
- Year built: 1963
Utilities & green energy
- Gas: Propane Tank-Owned
Community & HOA
Community
- Subdivision: Not Condo or Condo Outside MLS Area
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $3,659/sqft
- Tax assessed value: $3,160,090
- Annual tax amount: $15,755
- Date on market: 3/6/2026
Estimated market value
$10,981,900
$10.43M - $11.53M
$6,029/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Listed for sale | $11,995,000+182.2%$3,659/sqft |
Source: | ||
| 7/29/2022 | Listing removed | -- |
Source: | ||
| 6/28/2022 | Listed for sale | $4,250,000+347.4%$1,297/sqft |
Source: | ||
| 7/18/2016 | Sold | $950,000-4.5%$290/sqft |
Source: Public Record Report a problem | ||
| 3/11/2016 | Listing removed | $995,000$304/sqft |
Source: Swenson & Ecuyer Realty #1048 Report a problem | ||
| 2/22/2016 | Price change | $995,000-5.2%$304/sqft |
Source: Swenson & Ecuyer Realty #1048 Report a problem | ||
| 1/17/2016 | Listed for sale | $1,050,000+281.8%$320/sqft |
Source: Swenson & Ecuyer Realty #1048 Report a problem | ||
| 7/16/1996 | Sold | $275,000$84/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,412 +1.4% | $1,721,963 +10% |
| 2024 | $16,185 +20% | $1,565,421 +10% |
| 2023 | $13,482 +12.8% | $1,423,110 +10% |
| 2022 | $11,950 +20.2% | $1,293,736 +10% |
| 2021 | $9,941 +3.3% | $1,176,124 +10% |
| 2020 | $9,624 | $1,069,204 -29% |
| 2019 | $9,624 +5% | $1,504,936 +70.3% |
| 2018 | $9,165 +33% | $883,640 +4.2% |
| 2017 | $6,892 +4.2% | $847,856 +19.5% |
| 2016 | $6,611 +18.4% | $709,645 +0.7% |
| 2015 | $5,584 | $704,712 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 13 mi
- 4/10Coral Shores High SchoolGrades: 9-12Distance: 27.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Monroe County
- Key Largo
- 33037
- 402 Carysfort Rd






