550 Ocean Cay Drive, Key Largo, FL 33037 (MLS# 593996)

550 Ocean Cay Drive, Key Largo, FL 33037

$4,500,000

Virtual Tour

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Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 5,422 Lot Size (sq. ft.): 12,120 Status: Closed

Current Price: $4,500,000 List Date: 1/06/2021 Last Modified: 9/05/2024

Description

Oceanfront Elegance on the Cay! Ocean Cay is a premier gated community, an enclave of oceanfront homes sought after for their protected deep-water dockage. Upon entering the commanding residence, soaring ceilings and the open design only serve to enhance the ocean vistas. Four large bedrooms, four and a half baths and a beautifully Bali-themed secondary living area. Expansive home theatre/media room plus a temperature-controlled wine room to delight any wine connoisseur. The chef's kitchen includes stainless steel appliances, central island and sit-up counter, all with the utmost in finishes and ideally located adjacent to the formal dining area and Great Room. The unique wrought-iron staircase to the main level leads to the main bedroom with walk-in closet, which captures sweeping ocean

Supplements: vistas including from the luxurious bathtub. Exquisite lighting and plumbing fixtures are featured throughout the home. Erected by a noted local builder to the owners' exacting specifications, the residence features Concrete Block Construction with a metal roof. The zero-entry oceanfront pool features a waterfall. Outdoor entertainment area for all your family & friends. The paver driveway enhances an enclosed two-car garage with lots of storage for all your fishing, diving and paddle boarding gear. Bring your BIG boat and enjoy 100-foot of coveted deep-water protected dockage with water and shore power. Located in a gated community, Ocean Cay Estates, on its own peninsula in famed Key Largo, the first of the Keys closest to the mainland.

More Information MLS# 593996

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Current Price: $4,500,000 Listing Date: 2021-01-05 Sold Price: $4,500,000

Location, Tax & Legal

City: KEY LARGO Mile Marker: 100 Marathon Neighborhood: N/A Side: Ocean Flood Zone: VE,VE Alternate Key #: 1556751 Parcel #: 00453475-016600 Zoning: IS - Improved Subivision District Deed Restrictions: Unknown Legal: PORT LARGO FIFTH ADDITION KEY LARGO PB6-109 LOT 550, OUTLOT 550 & PT PVT RD OR796-2450 OR918-29 OR1003-1510/13E OR1029-2 Taxes: 15262.01 Tax Year: 2020 Pub Sewer HkUp: Yes Street #: 550 Street Name: Ocean Cay Street Suffix: Drive Key/Island: Key Largo State/Province: FL Zip Code: 33037 County: Monroe Subdivision: Port Largo (100.0) Area: 27 - Key Largo MM 97-107

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 6 Lot SqFt: 12120 Pool: Yes Total Units: 0 Acres: 0.28 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 28 Style: Single Family Year Built: 2005 Living Apx SqFt: 5422 Total Bedrooms: 4 Full Baths: 4 Half Baths: 1 Total Baths: 5

Remarks & Misc

Remarks – Consumer: Oceanfront Elegance on the Cay! Ocean Cay is a premier gated community, an enclave of oceanfront homes sought after for their protected deep-water dockage. Upon entering the commanding residence, soaring ceilings and the open design only serve to enhance the ocean vistas. Four large bedrooms, four and a half baths and a beautifully Bali-themed secondary living area. Expansive home theatre/media room plus a temperature-controlled wine room to delight any wine connoisseur. The chef's kitchen includes stainless steel appliances, central island and sit-up counter, all with the utmost in finishes and ideally located adjacent to the formal dining area and Great Room. The unique wrought-iron staircase to the main level leads to the main bedroom with walk-in closet, which captures sweeping ocean Directions: MM100-- Ocean side. Turn onto Ocean Dr. Take Ocean Dr. all the way to the end. Gated entry, code required.

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 1000 Assoc/Mnt Fee Per: Yearly

Fee Includes

Common Area Mnt: 1

Dockage

Dock Length: 100 Dock: Concrete Davits: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Gas Appliances: 1 Microwave: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1 Wine Cooler: 1 Other: Wine Room

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

Canal Front: 1 Oceanfront: 1

Waterview

Canal View: 1 Ocean View: 1 Open Water View: 1

Floor

Marble: 1 Tile: 1

Interior Features

Bar: 1 Built-in Cabinets: 1 Cathedral Ceilings: 1 Drapes/Blinds Incl: 1 Entrance Foyer: 1 Granite Counter Top: 1 Pantry: 1 Security System: 1 Storage: 1 Walk-in Closet(s): 1 Wet Bar: 1

Specialty Rooms

Laundry Room: 1 Media Room: 1 Theater Room: 1

Building Style

Above Flood: No Stories: 3 Stories

Windows/Doors

Glass Doors: 1 Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Covered Parking: 1 Garage: 1 Open Parking: 1 Attached: 1

Security

Electric Gate: 1

Construction

CBS: 1

Land Size

1/4 - 1/2 Acre: 1

Furnished

Unfurnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

Buyer to Verify: 1 FKAA: 1 Municipal Sewer: 1 Propane: 1

Porch/Balcony

Open Porch/Balcony: 1 Patio: 1

Exterior Features

Bar: 1 Fencing: 1 Lighting: 1 Privacy Wall/Fence: 1 Storage: 1 Water Display: 1

Pool Info

In Ground: 1 Concrete: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2021-03-19 Sold Price: $4,500,000 Status: Closed

Property Features

Fee Includes: Common Area Mnt Tax Exemptions: None Waterfront: Canal Front; Oceanfront Waterview: Canal View; Ocean View; Open Water View Dockage: Davits Vehicle Storage: Garage; Attached; Covered Parking; Open Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; FKAA; Municipal Sewer; Propane Interior Features: Bar; Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Entrance Foyer; Granite Counter Top; Pantry; Security System; Storage; Walk-in Closet(s); Wet Bar Specialty Rooms: Laundry Room; Media Room; Theater Room Appliances: Dishwasher; Disposal; Dryer; Gas Appliances; Microwave; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Bar; Fencing; Lighting; Privacy Wall/Fence; Storage; Water Display Pool Info: In Ground; Concrete Construction: CBS Floor: Marble; Tile Roof: Metal Roof Pets: Pets Allowed Security: Electric Gate Land Size: 1/4 - 1/2 Acre Terms: Cash; Conventional

Listing Office: American Caribbean Real Estate, Christie's International Real Estate

Last Updated: September - 05 - 2024

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