121 Beach Rd #306
Key Largo, FL 33037
- 4 Beds
- 4.5 Baths
- 3,650 sqft
4 Beds
4.5 Baths
3,650 sqft
Home Highlights
HOA
$5,465/Monthly
Price/Sqft
$4,014
Listed
154 days ago
Local Information
-- mins to
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
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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 |
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Exterior Home Features Exterior: Dock, Outdoor Kitchen |
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Days on Market: 154 |
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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 |
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Price List Price: $14,650,000Price Per Sqft: $4,014 |
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MLS Status: Active |
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Direction & Address City: Key LargoCommunity: 121 Marina at Ocean Reef |
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Listing Agent Listing ID: 4996 |
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Building Area Building Area: 3650 Square Feet |
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Has an HOAHOA Fee: $5,465/Monthly |
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Special Conditions: Traditional |
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Mls Number: 4996 |
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.
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
Home Value
Trulia Estimate
$13.6MSince 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
| Month | Estimated 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
| Date | Event | Price |
|---|---|---|
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 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $67,256 | $9,940,769 |
Home facts updated by county records
LGBTQ Local Legal Protections
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.

