Newly Listed to the market for the first time in 34 years. This is truly a rare opportunity to own and build your Dream Home on one of the best Lots in all of Ocean Reef. The lot is 38,000 sq. ft. with 375' of Bay Water Frontage. Spectacular Florida Keys sunsets await you along with panoramic Card Sound Bay Views of the Angler's Club Marina, Card Sound Bridge, Pumpkin Key Island and W. Snapper Point. The Lot is located in a private setting at the end of the prestigious Card Sound Road on a Cul-De-Sac. The attached renderings features an 8,500 sq. ft. house under air with an Estate Driveway and a Courtyard Entrance. A perfect Legacy Property for years to come.
Lot/land
$29,500,000
48 Card Sound Rd, Ocean Reef, FL 33037
--beds
--baths
0.87Acres
Vacant Lot
Built in ----
0.87 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Private settingBay water frontage
- 345 days |
- 406 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Karyn Thiele,
Ocean Reef Club Sotheby's International Realty,
Kelsey Thiele,
Ocean Reef Club Sotheby's International Realty
Source: CLS at Ocean Reef,MLS#: 2748
Facts & features
Interior
Video & virtual tour
Property
Features
- On waterfront: Yes
Lot
- Size: 0.87 Acres
Details
- Parcel number: 00572222001000
- Special conditions: Traditional
Community & HOA
Location
- Region: Ocean Reef
Financial & listing details
- Tax assessed value: $21,731,250
- Annual tax amount: $146,346
- Date on market: 8/6/2025
Estimated market value
Not available
Estimated sales range
Not available
$7,556/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2025 | Listed for sale | $29,500,000+13.5% |
Source:  CLS at Ocean Reef #2748 Report a problem | ||
| 4/10/2023 | Sold | $26,000,000-3.7% |
Source: Public Record Report a problem | ||
| 2/15/2023 | Pending sale | $27,000,000 |
Source: CLS at Ocean Reef #2483 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $146,924 -4.6% | $21,731,250 -5.3% |
| 2024 | $153,940 +237.9% | $22,942,500 +242% |
| 2023 | $45,563 +4.7% | $6,708,944 +3% |
| 2022 | $43,519 -3.6% | $6,513,538 +3% |
| 2021 | $45,122 +0.6% | $6,323,824 +1.4% |
| 2020 | $44,840 | $6,236,513 +2.3% |
| 2019 | $44,840 +2.1% | $6,096,299 +1.9% |
| 2018 | $43,908 -0.4% | $5,982,630 +2.1% |
| 2017 | $44,099 +2.3% | $5,859,579 +2.1% |
| 2016 | $43,121 -3.3% | $5,739,059 +0.7% |
| 2015 | $44,579 | $5,699,165 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 12.4 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 26.8 mi
- $3,583,678-- bd-- ba-- sqft48 Card Sound Rd, Key Largo, FL 33037Off Market
- $18,087,9004 bd4 ba3.2k sqft45 Card Sound Rd, Key Largo, FL 33037Off Market
- $33,432,0005 bd6 ba7.3k sqft50 Card Sound Rd, Key Largo, FL 33037Off Market
- $24,087,1004 bd4 ba7.1k sqft43 Card Sound Rd, Key Largo, FL 33037Off Market
- $22,329,6004 bd6 ba7k sqft41 Card Sound Rd, Key Largo, FL 33037Off Market
- $4,648,9003 bd3 ba2.7k sqft46 Card Sound Rd, Key Largo, FL 33037Off Market
- $4,950,0004 bd5 ba3.5k sqft68 W Lake Rd, Key Largo, FL 33037Sold
- $14,495,0007 bd9 ba7.3k sqft44 Card Sound Rd, Ocean Reef, FL 33037Pending
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.
