$10,727,200
- 3 Beds
- 3 Baths
- 2,145 sqft (on 0.44 acres)
11 Grayvik Dr, Key Largo, FL 33037
Est. Refi. Payment $70,766/mo*
Refinance Your HomeCurrently Off Market - Sold Mar 17, 2025 for $8,750,000
Home Value
Trulia Estimate
$10.7MSince last month
Decreased$221K (-2.1%)Since last year
Increased$2M (+21%)Since last sale
Increased$2M (+19.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +174% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $10.47M |
| July 2026 | $10.69M |
| June 2026 | $10.62M |
| May 2026 | $9.46M |
| March 2026 | $8.41M |
| February 2026 | $8.51M |
| January 2026 | $8.4M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | $6,200,000 | 09/26/25 | 3 | 2.5 | 2,162 | |
0.19 | Single-Family Home | $5,495,000 | 04/20/26 | 4 | 3 | 1,960 | |
0.31 | Single-Family Home | $5,750,000 | 01/26/26 | 3 | 3 | 2,650 | |
0.14 | Single-Family Home | $6,300,000 | 10/15/25 | 4 | 4 | 3,008 | |
0.19 | Single-Family Home | $7,400,000 | 12/18/25 | 4 | 4 | 3,311 | |
0.09 | Single-Family Home | $4,300,000 | 08/18/26 | 3 | 2 | 1,322 | |
0.12 | Single-Family Home | $5,200,000 | 04/06/26 | 2 | 2 | 2,423 | |
0.34 | Single-Family Home | $6,520,000 | 05/07/26 | 4 | 5 | 3,018 | |
0.31 | Single-Family Home | $6,250,000 | 09/10/25 | 4 | 4.5 | 3,721 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $13,800,000 | 4 | 4.5 | 3,454 | For Sale | |
0.09 | $4,300,000 | 3 | 2 | 1,322 | Recently Sold | |
0.09 | - | 3 | 2 | 1,842 | Off Market | |
0.06 | $16,950,000 | 5 | 5.5 | 5,280 | For Sale | |
0.14 | $6,291,200 | 4 | 4 | 3,008 | Off Market | |
0.12 | - | 3 | 3 | 1,988 | Off Market | |
0.15 | $4,000,000 | 5 | 5.5 | 3,147 | Recently Sold | |
0.12 | $5,200,000 | 2 | 2 | 2,423 | Recently Sold | |
0.11 | $3,135,700 | 2 | 2 | 1,156 | Off Market | |
0.14 | $7,963,400 | 3 | 4 | 2,700 | Off Market | |
0.19 | $7,400,000 | 4 | 4 | 3,311 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1967
Lot Size
0.44 acres
Living Area
2,145 sqft
Price/Sqft
$5,001
Parking
Attached Garage
HOA
None
About this House
Wonderful opportunity to own a fantastic canal front property at Ocean Reef. This three bedroom home is nestled off of Grayvik Drive on a large 19,313 sq ft lot with 136 feet of seawall, large enough to handle a fleet of water toys. The landscaping is lush and mature and creates a tropical oasis. The home is 2,145 sq ft on one level with an attached two car garage. An expansive pool deck extends the length of the home and provides ample areas to lounge, entertain and dine while looking over the basin and our spectacular Florida Keys sunsets. A great space to spend your winters or a legacy property to build your dream home.
11 Grayvik Dr, Key Largo, FL 33037 is a 3 bedroom, 3 bathroom, 2,145 sqft single-family home built in 1967. It last sold for $8,750,000 on Mar 17, 2025 (12% below the $9,975,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $10,727,200, with a rent estimate of $6,101/month.
Last check for updates: about 21 hours ago
Listed by Molly Taylor, Russell Post
Ocean Reef Club Sotheby's International Realty
Bought with: Albert J Rourke III, Megan Lyons, Ocean Reef Club Sotheby's International Realty
Source: CLS at Ocean Reef, MLS#2552

Home Details for 11 Grayvik Dr
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Interior Details Number of Rooms: 9 |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 2145 Square Feet |
Appliances & Utilities Appliances: Washer, Dryer, Dishwasher, Refrigerator, MicrowaveDishwasherDryerMicrowaveRefrigeratorWasher |
Gas & Electric Gas: Propane Tank-Owned |
Windows, Doors, Floors & Walls Window: Accordian Shutters |
Levels, Entrance, & Accessibility Stories: 1 |
View No View |
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Exterior Home Features Exterior: Dock |
Parking & Garage Has a GarageHas an Attached GarageParking: Attached |
Frontage WaterfrontOn Waterfront |
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Year Built Year Built: 1967Year Renovated: 1990 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional |
Building Not a New Construction |
Property Information Condition: As IsParcel Number: 00572010000000 |
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Price List Price: $9,975,000 |
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MLS Status: Closed |
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Direction & Address City: Key LargoCommunity: Not Condo or Condo Outside MLS Area |
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Building Area Building Area: 2145 Square Feet |
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Lot Area: 0.44 acres |
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Special Conditions: Traditional |
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Furnished |
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Mls Number: 2552 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 17, 2025 Source: N/A | Sold | $8,750,000 |
Oct 11, 2024 Source: N/A | Sold | $8,500,000 |
Aug 19, 2024 Source: CLS at Ocean Reef #2552 | Pending | $9,975,000 |
Jul 23, 2024 Source: CLS at Ocean Reef #2552 | Contingent | $9,975,000 |
Mar 18, 2024 Source: CLS at Ocean Reef #2552 | PriceChange | $9,975,000 Price decreased by 13% |
Dec 13, 2023 Source: CLS at Ocean Reef #2552 | PriceChange | $11,450,000 Price decreased by 11% |
Jun 19, 2023 Source: CLS at Ocean Reef #2552 | Listed For Sale | $12,900,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $56,069 | $8,240,107 |
Home facts updated by county records
Market trends in Key Largo
Last updated July 2026
Avg. sale price
$1.4M
$41.67KMoM
Sale-to-List Price
95.7%
0.4%MoM
Price per sq ft
$803
$38MoM
Available listings
241
14MoM
Around this home
What Locals Say about Key Largo
At least 96 Trulia users voted on each feature.
92 % Say it's dog friendly
84 % Say parking is easy
79 % Say car is needed
78 % Say yards are well-kept
74 % Say people would walk alone at night
72 % Say there's holiday spirit
66 % Say it's quiet
66 % Say they plan to stay for at least 5 years
63 % Say it's walkable to restaurants
55 % Say neighbors are friendly
55 % Say kids play outside
52 % Say there's wildlife
47 % Say there are community events
45 % Say it's walkable to grocery stores
31 % Say streets are well-lit
23 % Say there are sidewalks
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Copyright Central Listing Service at Ocean Reef, Inc. All rights reserved. Information is deemed reliable but not guaranteed.
Frequently asked questions about 11 Grayvik Dr
- What is 11 Grayvik Dr estimated to be worth?Trulia's estimated value for 11 Grayvik Dr in Key Largo, FL is $10,727,200.
- What is the price history for 11 Grayvik Dr?11 Grayvik Dr in Key Largo, FL last sold for $8,750,000 in March 2025.
- Is Key Largo a buyer's or seller's market?Key Largo is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Key Largo?The median sale price in Key Largo is $1.4M. That is down $41.67K from the prior month.
- Does 11 Grayvik Dr have laundry facilities?Yes, 11 Grayvik Dr in Key Largo, FL has in-unit laundry.
- How big is the lot at 11 Grayvik Dr?The lot at 11 Grayvik Dr in Key Largo, FL is about 0.44 acres (19,313 sq ft).

