Ocean Reef Shores
172 Valois, Key Largo FL 33037
3 beds · 3 baths · 2,824 ft²
3
Bedrooms
3
Bathrooms
2,824
Sq. Ft.
1985
Year Built
1
Garage
2
Stories
325
Days on Market
Description
Direct Ocean view of Caryfort Lighthouse, 3/3 with ground floor apt and garage. This Ocean view home is currently an Air B&B with a very impressive income stream( min 28 day rental zoning). The canal to the ocean is plugged but is still used for small boats and kayaks. The ocean depth is shallow but perfect for kayak and coastal exploring by paddle board.The 3 bedrooms up stairs each has a full bathroom with dual sinks. Kitchen is equipped with gas stove, stand alone ice maker and plenty of room for cooking. A screened patio on the east side is complete with a swing to enjoy the ocean view and breeze. Store your boat or launch just south at ocean front marina. Fantastic opportunity to aquire an ocean front property. Custom made stilt home built in 1998.
Facts
- MLS#
- F10408104
- Subdivision
- Ocean Reef Shores
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 9,453 ft²
- Sq. Ft.
- 2,824 ft²
- Sq. Mt.
- 262 m²
- Price per sq. ft.
- $529/ft²
- Price per sq. mt.
- $5,706/m²
- Stories
- 2
- Garage
- 1 spaces
- Pool
- Private
- Days on Market
- 325 days
- Listed
- Nov 3, 2023
- Last Updated
- Sep 10, 2026
- Price/Lot Sq.Ft.
- $158/ft²
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Market insights for Key Largo
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
October 2026
52
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 9/10/2026 | Sold | $1,495,000 |
| 5/26/2024 | Price change | $1,495,000-6.0% |
| 11/3/2023 | Listed for sale | $1,590,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$9,353/mo
Principal & Interest
$7,957
Property Tax
$1,246
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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