PORT LARGO 5TH ADD

541 Ocean Cay Dr, Key Largo FL 33037

3 beds · 4.5 baths · 2,960 ft²

Closed

$5,800,000

Est. Payment $30,870/mo

MLS Sheet Video

3

Bedrooms

4.5

Bathrooms

2,960

Sq. Ft.

1998

Year Built

15

Days on Market

Description

Indulge in luxury living with this exquisite residence in the exclusive gated community of Ocean Cay, situated along the pristine shores of Port Largo on the island of Key Largo. An impressive 100 feet of canal front and 85 feet of protected dockage featuring a 40,000-pound lift and davits, deep-water canal provides direct access to the Atlantic Ocean with unparalleled fishing and beautiful reefs. Third-floor total remodel with epic shower and tub area, coffee and wine bar, porch overlooking the ocean, spacious closet. Pool and jacuzzi with cabana and grill area. Sturdy concrete structure, concrete roof providing 360-degree views of the island, and impact windows.

Facts

MLS#
A11517491
Subdivision
PORT LARGO 5TH ADD
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1998
Lot Size
12,820 ft²
Sq. Ft.
2,960 ft²
Sq. Mt.
275 m²
Price per sq. ft.
$1,959/ft²
Price per sq. mt.
$21,091/m²
Stories
Garage
Pool
Days on Market
15 days
Listed
Jan 16, 2024
Last Updated
Feb 22, 2024
Price/Lot Sq.Ft.
$452/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Key Largo

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Buyers market

May 2026

0/100
Buyers marketSellers market

30

Median days to sold

-1.2%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

2/22/2024Sold$5,800,000
1/16/2024Listed for sale$5,800,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

541 Ocean Cay Dr, Key Largo FL 33037Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$35,853/mo

Principal & Interest

$30,870

Property Tax

$4,833

Insurance

$150

HOA

$0

20% ($1,160,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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