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Sold for $22,855,000 on 03/15/24
  • $22,855,000

    5 Bay Ridge Rd, Key Largo, FL 33037

    4beds
    4,988sqft
    Single Family Residence
    Built in 2024
    0.49 Acres Lot
    $24,573,400 Zestimate®
    $4,582/sqft
    $121,261 Estimated rent

    Home value

    $24,573,400

    $21.87M - $27.77M

    $121,261/mo

    Zestimate® history
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    $137,542/mo

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    What's special

    Beautiful new home with gorgeous Bay views and sunsets!

    Zillow last checked: 8 hours ago

    Listing updated: March 20, 2025 at 08:23pm

    Listed by:

    Mary Lee,

    Ocean Reef Club Sotheby's International Realty

    Bought with:

    Mary Lee, SL3186578

    Ocean Reef Club Sotheby's International Realty

    Source: CLS at Ocean Reef,MLS#: 2681MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Appliances
    • Included: Washer, Dryer, Dishwasher, Freezer, Refrigerator, Microwave
    Features
    • Office/Den
    • Windows: Impact Glass
    • Number of fireplaces: 1
    • Furnished: Yes
    Interior area
    • Total structure area: 4,988
    • Total interior livable area: 4,988 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, 2 Car Garage
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Handicap Accessible
    Features
    • Stories: 1
    • Exterior features: Dock
    Lot
    • Size: 0.49 Acres
    Details
    • Parcel number: 00571490000000
    • Special conditions: Traditional

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom
    • Property subtype: Single Family Residence
    Materials
    • Concrete Block
    Condition
    • New construction: No
    • Year built: 2024

    Community & neighborhood

    Location
    • Region: Key Largo
    • Subdivision: Not Condo or Condo Outside MLS Area

    Price history

    DateEventPrice
    3/15/2024Sold$22,855,000+240.7%$4,582/sqft
    Source: CLS at Ocean Reef #2681
    9/30/2019Sold$6,709,000-14.5%$1,345/sqft
    Source: Public Record
    8/19/2019Pending sale$7,850,000$1,574/sqft
    Source: Ocean Reef Club Sotheby's International Realty #1730
    5/7/2019Listed for sale$7,850,000$1,574/sqft
    Source: Ocean Reef Club Sotheby's International Realty #1730

    Public tax history

    YearProperty taxesTax assessment
    2025$124,025 +318.3%$18,330,896 +309.7%
    2024$29,653 +1.8%$4,474,394 +3%
    2023$29,134 +4.8%$4,344,072 +3%

    Find assessor info on the county website

    Neighborhood: 33037

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $24.6M
    2% more+ $491K
    With Zillow Showcase(estimated)
    $25.1M