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For sale
  • Price cut: $810K (3/28)
    $16,950,000

    5 Sail Point Ln, Key Largo, FL 33037

    5beds
    5,280sqft
    : 
    Single Family Residence
    Built in 2002
    0.38 Acres Lot
    $15,657,000 Zestimate®
    $3,210/sqft
    $-- HOA

    What's special

    Boat liftMeticulous craftsmanshipSummer kitchenWaterfront homeCovered living spacesStunning panoramic water views
    This exceptional waterfront home is ideally positioned to capture stunning panoramic water views. Meticulous craftsmanship is evident throughout, highlighted by a chef's kitchen with granite-topped islands and a butler's pantry with two wine coolers. First-floor master suite with beautiful water views. Four elegantly appointed guest suites offer luxurious en-suite baths. Experience the best of outdoor entertaining with covered living spaces and a summer kitchen. The property boasts 139 feet of seawall, accommodating multiple boats and water toys, complete with a boat lift. The beautiful screened pool patio creates an inviting outdoor living area. The expansive 2,685 SF garage provides ample space for vehicles and a possible game room, making this the perfect family retreat to enjoy all the Florida Keys has to offer. Quick access to the Bay for beautiful sunset cruises. Located on a quiet cul-de-sac with ultimate privacy.
    49 days
    |
    699
    |
    19
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 02, 2026 at 10:00am

    Listed by:

    Mary Lee,

    Ocean Reef Club Sotheby's International Realty

    Source: CLS at Ocean Reef,MLS#: 4975MLS Logo

    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, Refrigerator, Microwave
      Features
      • Private Elevator, Office/Den
      • Windows: Roll Down Shutters, Impact Glass
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 5,280
      • Total interior livable area: 5,280 sqft
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      Property

      Features
      • Stories: 3
      • Exterior features: Dock, Outdoor Kitchen
      • On waterfront: Yes
      Lot
      • Size: 0.38 Acres
      Details
      • Parcel number: 00572070000000
      • Special conditions: Traditional

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 2002

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $3,210/sqft
      • Tax assessed value: $10,003,141
      • Annual tax amount: $24,533
      • Date on market: 2/16/2026
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        Estimated market value

        $15,657,000

        $14.87M - $16.44M

        $7,654/mo

        Price history

        Price history
        DateEventPrice
        3/28/2026Price change$16,950,000-4.6%$3,210/sqft
        Source: CLS at Ocean Reef #4975 Report a problem
        2/16/2026Listed for sale$17,760,000+2437.1%$3,364/sqft
        Source: CLS at Ocean Reef #4975 Report a problem
        5/21/1997Sold$700,000+86.7%$133/sqft
        Source: Public Record Report a problem
        11/22/1994Sold$375,000$71/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$25,034 +3.7%$3,671,123 +2.9%
        2024$24,139 +2.1%$3,567,661 +3%
        2023$23,633 +4.8%$3,463,749 +3%
        2022$22,561 -3.4%$3,362,864 +3%
        2021$23,365 +0.6%$3,264,917 +1.4%
        2020$23,216 $3,219,840 +2.3%
        2019$23,216 +2.1%$3,147,449 +1.9%
        2018$22,732 -0.4%$3,088,763 +2.1%
        2017$22,823 +2.3%$3,025,234 +2.1%
        2016$22,314 -3.2%$2,963,011 +0.7%
        2015$23,059 $2,942,414

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $96,108/mo
        Principal & interest
        $84526
        Property taxes
        $11582
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          Climate risks

          Neighborhood: 33037

          Getting around

          3 / 100
          Car-Dependent
          45 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 33037

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