121 Beach Rd #306, Key Largo, FL 33037
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FOR SALE
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121 Beach Rd #306
Key Largo, FL 33037

  • 4 Beds
  • 4.5 Baths
  • 3,650 sqft

$14,650,000

Est. Mortgage $102,776/mo*

$14,650,000

Est. Mortgage $102,776/mo*
4 Beds
4.5 Baths
3,650 sqft

Home Highlights

HOA
$5,465/Monthly
Price/Sqft
$4,014
Listed
154 days ago

Local Information

  • Map ViewExplore the area around 121 Beach Rd #306.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

121 Marina at Ocean Reef is among the community's most sought-after waterfront condominium residences, offering 750 feet of marina frontage. This expansive 4-bedroom, 4 full and 1 half bath home spans 3,650 air-conditioned square feet of refined coastal living. Designed with an open floor plan and soaring 9-foot ceilings, the residence features generous living spaces and a seamless indoor-outdoor flow. The outdoor terrace, over 650 square feet, is ideal for entertaining, complete with a gas BBQ, roll-down sunshades, and beautiful waterfront views. The chef's kitchen is thoughtfully appointed with MiaCucina Italian cabinetry, elegant stone countertops, and premium Sub-Zero and Wolf appliances. A built-in espresso and cappuccino station, along with a Sub-Zero wine cooler, enhances the home's inviting bar and entertaining area. The primary suite offers a private retreat with oversized walk-in closets, custom built-in cabinetry, and a spa-inspired bath featuring dual vanities, a deep-soaking tub, a separate water closet, and luxurious finishes throughout. Each guest bedroom includes its own en-suite bath, ensuring comfort and privacy. Additional features include Smart Home technology, high-speed internet pre-wiring, a full laundry room with ample storage, two dedicated car spaces, and two golf cart spaces. A large private storage area is also located in the garage. Residents of 121 Marina enjoy exceptional amenities, including on-site property management, a Junior Olympic swimming pool with a lap lane, fitness center, steam room, sauna, and Beacon House, where you can host private parties. Secure, private, and impeccably maintained, 121 Marina offers effortless waterfront living in the heart of Ocean Reef.
Last check for updates: about 2 hours ago
Listing courtesy of Mary Lee
Ocean Reef Club Sotheby's International Realty
Source: CLS at Ocean Reef, MLS#4996

Home Details for 121 Beach Rd #306

Interior Features

Interior Details
Number of Rooms: 11
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3650 Square Feet
Appliances & Utilities
Appliances: Washer, Dryer, Dishwasher, Freezer, Refrigerator, MicrowaveDishwasherDryerLaundry: Laundry RoomMicrowaveRefrigeratorWasher
Windows, Doors, Floors & Walls
Window: Impact Glass
Levels, Entrance, & Accessibility
Stories: 1Accessibility: Wheel Chair Accessible

Exterior Features

Exterior Home Features
Exterior: Dock, Outdoor Kitchen

Days on Market

Days on Market: 154

Property Information

Year Built
Year Built: 2018
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium
Building
Building Name: 121 Marina Unit 306 - Ocean ReefNot a New Construction
Property Information
Parcel Number: 00569471006306

Price & Status

Price
List Price: $14,650,000Price Per Sqft: $4,014

Active Status

MLS Status: Active

Location

Direction & Address
City: Key LargoCommunity: 121 Marina at Ocean Reef

Agent Information

Listing Agent
Listing ID: 4996

Building

Building Area
Building Area: 3650 Square Feet

HOA

Has an HOAHOA Fee: $5,465/Monthly

Listing Info

Special Conditions: Traditional

Miscellaneous

Mls Number: 4996

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.
  • Cn68dgn6hz
    "They have Dogs ism assuming they happy with the neighborhood as they are very much friendly is a very nice neighborhood "
  • Shaun Matthews
    "I drive everywhere I need to go. Golf carts are permissible in most neighborhoods. Everything is within a 5 min car ride. "
  • Dr.mahoney
    "We take care of each other in times of need hurricanes a good example. Animals are safe and people are friendly "
  • DC
    "Imagine living in a neighborhood where everyone knows each other and looks out for one another—where you can spend lazy afternoons lounging in beautiful parks or embark on thrilling marine adventures. Your kids will have a blast playing in sports leagues and attending top-notch schools. And the best part? The whole vibe is super chill and welcoming. That's the kind of community you'll find here!"
  • Carol Painter
    "Silver Shores is a beautiful 55 and older park! All yards are beautiful with grass, flowers, and trees! All the owners love it here!"
  • Deborah Clarke
    "Great neighbors, wonderful parks, beautiful sunsets, great church, great schools to choose from. The bond of our community. Every year our street throws an annual Keys Christmas Party. There is a sense of peace and connection knowing that you are safe and valued in your neighborhood. Everyone is so friendly, which makes it so inviting."
  • Karen M.
    "its a tourist spot area and very close to everything that you may need its a small city but very nice place"
  • Davius C.
    "It’s pretty dog friendly around here. I always see people walking their dogs. I have three of my own. The neighbors wave and say hi to my dogs while they are walking their dogs"
  • Diamonddegree
    "Private and secluded neighborhood at the beginning of the Florida keys. Great diving and snorkeling options "
  • Stuart G.
    "my commute is 20 miles but with traffic it takes anywhere from 35 minutes to 2 hours. just depends on the traffic "
  • Danlsteadman
    "Dogs are welcome at local restaurants with outside seating. Water bowls are available at these restaurants. "
  • Lmgkeys
    "Safe area. Surrounded by the water. Good schools. Great fishing and boating. Kayak and canoeing. Small island nearby."
  • Virgil R.
    "There are lots of kids here and watchful parents. So it’s safe for them to play outside and ride their bikes on the back streets. The fathers are outside and monitoring the speed people drive. "
  • Ruthrich41
    "We have allowed activities here so we get acquainted with a lot of people in our area and you get to know them and you make friends here we have 240 homes in our compound and a lot of good neighbours are very good friends are here"
  • Virgil R.
    "It’s next to the ocean and boat launches and public pools And Public parks where you can walk your dog play tennis do a fitness circuit and volleyball and it’s raining in downtown so it’s easy to leave there and get something to eat"
  • mdasca
    "This area is unique because it is close to Miami yet feels like worlds away. This community had neighbors that all have a passion for boating. There is no place in the world like the Florida keys!"
  • sherieann2008
    "This is one of the friendliest communities I have ever lived in. The neighbors all know each other and watch out for everyone. We are close to all of the entertainment and dining we want but have the quiet and privacy of a small community - the best of both worlds"
  • Lian A.
    "GATED COMMUNITY WITH DEEP WATER DOCKAGE - FAMILY FRIENDLY"
  • Kathy D.
    "Key Largo is known for its commuting ease from the Miami Dade area. It has a great Aquatic center, lots of dining options and, as with the rest of the Keys, is known for its water sports which include fishing, diving, kayaking, snorkeling, jet skies etc. The Keys are considered the Caribbean of the US. All the beauty and nice people, no passport."
  • Alicia O. L.
    "I have lived here for 7 years and absolutely love it!!!! A.L."

Market trends in Key Largo

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.4M
$41.67K
MoM
Sale-to-List Price
95.7%
0.4%
MoM
Price per sq ft
$803
$38
MoM
Available listings
241
14
MoM

Home Value

Trulia Estimate
$13.6M
Since last month
Increased$94K (+0.7%)
Since last year
Increased$3M (+29.9%)
Since last sale
Increased$8M (+137.8%)
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 +1,528% in the last 10 years
MonthEstimated value
2026
August 2026$13.56M
July 2026$13.46M
June 2026$13.46M
May 2026$13.61M
April 2026$13.74M
March 2026$14.13M
February 2026$11.79M
January 2026$11.67M
2025
2024
2023
2022
2021
2020
2019
2018

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
0.02
Condo
$12,000,000
09/15/25
4
4.5
3,650
0.06
Condo
$6,000,000
01/21/26
3
3
1,853
0.10
Condo
$7,100,000
06/23/26
3
3
1,725
0.10
Condo
$9,000,000
06/22/26
3
3
1,725
0.10
Condo
$9,800,000
05/14/26
3
3
1,725
0.11
Condo
$6,250,000
04/01/26
2
2
1,400
0.70
Condo
$5,800,000
11/14/25
4
3.5
2,198
0.14
Condo
$3,135,000
09/18/25
2
2.5
1,240
0.46
Condo
$4,000,000
04/17/26
3
3.5
1,425
0.74
Condo
$9,700,000
02/17/26
5
4.5
3,522

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
$13,263,500
4
3.5
3,191
Off Market
0.01
$14,508,700
4
3.5
3,207
Off Market
0.01
$13,367,200
4
4.5
3,364
Off Market
0.00
$13,897,200
4
4.5
3,364
Off Market
0.04
-
-
-
-
Off Market
0.04
-
-
-
-
Off Market
0.04
$2,925,000
-
-
-
Recently Sold
0.04
$3,350,000
-
-
-
Recently Sold
0.02
$13,895,000
4
4.5
3,364
For Sale
0.02
$12,111,300
4
4.5
3,650
Off Market
0.06
$6,000,000
3
3
1,853
Recently Sold

Price and Tax history

DateEventPrice
Mar 18, 2026
Source: CLS at Ocean Reef #4996
Listed For Sale
$14,650,000
May 31, 2019
Source: CLS at Ocean Reef #1073
Sold
$5,700,000

LGBTQ Local Legal Protections

Mary Lee, Ocean Reef Club Sotheby's International Realty
Copyright Central Listing Service at Ocean Reef, Inc. All rights reserved. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 121 Beach Rd #306

  • What is the estimated monthly payment for 121 Beach Rd #306?
    Based on a $14,650,000 list price with 20% down at today's rates, the estimated monthly payment for 121 Beach Rd #306 in Key Largo, FL is approximately $98,507 (about $75,969 principal & interest, $22,463 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 121 Beach Rd #306 compare to homes in Key Largo?
    121 Beach Rd #306 in Key Largo, FL is listed at $14,650,000, about 945% above the $1.4M median sale price in Key Largo.
  • What do residents say about Key Largo?
    Residents describe Key Largo, FL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Key Largo, FL.
  • What are the closest schools to 121 Beach Rd #306?
    The closest schools to 121 Beach Rd #306 in Key Largo, FL are Coral Shores High School (rated 5/10), Key Largo School (Pre-K/Elementary/Middle, rated 8/10).
  • Does 121 Beach Rd #306 have laundry facilities?
    Yes, 121 Beach Rd #306 in Key Largo, FL has in-unit laundry.
  • Is there a virtual tour of 121 Beach Rd #306?
    Yes, a virtual tour of 121 Beach Rd #306 in Key Largo, FL is available.
121 Beach Rd #306, Key Largo, FL 33037 is a 4 bedroom, 5 bathroom, 3,650 sqft condo built in 2018. This property is currently available for sale and was listed by CLS at Ocean Reef on Mar 18, 2026. The MLS # for this home is MLS# 4996.