5 Ocean Reef Dr, Ocean Reef, FL 33037
Property image
Property image
SOLD
JAN 26, 2026

5 Ocean Reef Dr
Ocean Reef, FL 33037

  • 3 Beds
  • 3 Baths
  • 2,650 sqft (on 0.40 acres)

$5,750,000

Last Sold: Jan 26, 2026
4% below list $6M
$2,170/sqft
Est. Refi. Payment $37,335/mo*
Refinance Your Home

$5,750,000

Last Sold: Jan 26, 2026
4% below list $6M
$2,170/sqft
Est. Refi. Payment $37,335/mo*
Refinance Your Home
3 Beds
3 Baths
2,650 sqft
(on 0.40 acres)

Local Information

  • Map ViewExplore the area around 5 Ocean Reef Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

A "wow" turn-key home in the heart of Ocean Reef Club! Beautifully appointed, bright, airy, and cheery, this home is perfect for families or entertaining guests. It features three bedrooms, plus a bunk room with two bunk beds. This home is ready to enjoy and is centrally located, a quick walk to Buccanear Island, Fishing Village, and the club's amenities. Recent upgrades include new furnishings, new HVAC, new pool equipment, new refrigerator and hood, new driveway, lush new lawn, landscape design, and exterior lighting. And inside, all lighting and electrical systems are brand new, offering both style and peace of mind. Enjoy this home with your family and make memories to last a lifetime, or put it in the rental program. It is a fan favorite! All smiles to be found at 5 Ocean Reef Drive. Come see this happy home today! "Ocean Reef Club is a private, 2,500-acre club community at the northern tip of Key Largo, offering an unmatched lifestyle in the Florida Keys. Members enjoy two championship golf courses, a world-class 175-slip marina, private airport, tennis and pickleball, a full-service spa and fitness center, and a wide selection of dining, shopping, and cultural venues. With its own medical center, school, and even a private beach club on Buccaneer Island, Ocean Reef provides a truly complete, secure, and resort-style way of life—making it one of the most exclusive communities in the country."
5 Ocean Reef Dr, Ocean Reef, FL 33037 is a 3 bedroom, 3 bathroom, 2,650 sqft single-family home built in 1968. It last sold for $5,750,000 on Jan 26, 2026 (4% below the $5,995,000 asking price). It is currently off market. The Trulia Estimate is $5,762,600, with a rent estimate of $7,421/month.

Home Highlights

Parking
No Info
Outdoor
Patio, Deck
View
No Info
HOA
None
Price/Sqft
$2,170/sqft
Listed
180+ days ago

Home Details for 5 Ocean Reef Dr

Interior Features

Interior Details
Number of Rooms: 8
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2650 Square Feet
Appliances & Utilities
Appliances: Washer, Dryer, Dishwasher, MicrowaveDishwasherDryerLaundry: Laundry ClosetMicrowaveWasher
Fireplace & Spa
Has a Fireplace
Windows, Doors, Floors & Walls
Window: Impact Glass
Levels, Entrance, & Accessibility
Stories: 1
Room & Shared Space
Shared space is furnished

Exterior Features

Exterior Home Features
Patio / Porch: Terrace, Deck/Patio

Property Information

Year Built
Year Built: 1968Year Renovated: 2022
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Building Name: 5 Ocean Reef DriveNot a New Construction
Property Information
Parcel Number: 00571760000000

Price & Status

Price
List Price: $5,995,000Price Per Sqft: $2,170/sqft

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: Key LargoCommunity: Not Condo or Condo Outside MLS Area

Building

Building Area
Building Area: 2650 Square Feet

Lot Information

Lot Area: 0.40 acres

Listing Info

Special Conditions: Traditional

Rental Terms, Policies & Fees

Furnished

Miscellaneous

Mls Number: 2893
Last check for updates: about 1 hour ago
Listed by Parris Everhart
Ocean Reef Club Sotheby's International Realty
Bought with: William (Bill) Henneberry, Ocean Reef Club Sotheby's International Realty
Source: CLS at Ocean Reef, MLS#2893

Price History for 5 Ocean Reef Dr

DatePriceEventSource
01/26/2026$5,750,000Sold
N/A
12/01/2025$5,995,000PendingCLS at Ocean Reef #2893
09/24/2025$5,995,000Listed For SaleCLS at Ocean Reef #2893
05/06/2024$4,500,000Sold
N/A
04/08/2024$4,995,000PendingCLS at Ocean Reef #2609
02/28/2024$4,995,000PriceChange
CLS at Ocean Reef #2609
02/16/2024$5,290,000PriceChange
CLS at Ocean Reef #2609
11/07/2023$5,490,000Listed For SaleCLS at Ocean Reef #2609
05/05/2023$3,900,000Sold
CLS at Ocean Reef #2451
01/16/2023$4,300,000PendingCLS at Ocean Reef #2451
01/04/2023$4,300,000PriceChange
CLS at Ocean Reef #2451
12/26/2022$4,650,000Listed For SaleCLS at Ocean Reef #2451
07/16/2004$1,165,000Sold
N/A
01/28/2000$725,000Sold
N/A
11/20/1997$425,000Sold
N/A

Market trends in Key Largo

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.11M
$65KMoM
Sale-to-List Price
95.3%
0.1%MoM
Price per sq ft
$722
$23MoM
Available listings
276
18MoM
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Property Tax and Assessment

Year2025
Tax$25,590
Assessment$3,714,136
Home facts updated by county records

Comparable Sales for 5 Ocean Reef Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2 Bay Ridge Rd, Key Largo, FL
0.13
Single-Family Home
$5,495,000
04/20/26
4
3
1,960
1 Golf Ter, Key Largo, FL
0.04
Single-Family Home
$6,250,000
09/10/25
4
4.5
3,721
20 Bay Ridge Rd, Key Largo, FL
0.10
Single-Family Home
$6,520,000
05/07/26
4
5
3,018
19 Country Club Rd, Key Largo, FL
0.30
Single-Family Home
$5,055,000
03/02/26
3
4
2,990
20 Card Sound Rd, Key Largo, FL
0.48
Single-Family Home
$6,200,000
09/26/25
3
2.5
2,162
31 Halfway Rd, Key Largo, FL
0.35
Single-Family Home
$6,300,000
10/15/25
4
4
3,008
10 Grayvik Dr, Key Largo, FL
0.19
Single-Family Home
$5,200,000
04/06/26
2
2
2,423
28 Halfway Rd, Key Largo, FL
0.37
Single-Family Home
$7,400,000
12/18/25
4
4
3,311

Nearby homes

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Assigned Schools

These are the assigned schools for 5 Ocean Reef Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

  • 46 % 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 "
    0
    Flag
  • Shaun Matthews
    "I drive everywhere I need to go. Golf carts are permissible in most neighborhoods. Everything is within a 5 min car ride. "
    0
    Flag
  • Dr.mahoney
    "We take care of each other in times of need hurricanes a good example. Animals are safe and people are friendly "
    0
    Flag
  • 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!"
    0
    Flag
  • 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!"
    0
    Flag
  • 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."
    0
    Flag
  • Karen M.
    "its a tourist spot area and very close to everything that you may need its a small city but very nice place"
    0
    Flag
  • 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"
    0
    Flag
  • Diamonddegree
    "Private and secluded neighborhood at the beginning of the Florida keys. Great diving and snorkeling options "
    1
    Flag
  • Stuart G.
    "my commute is 20 miles but with traffic it takes anywhere from 35 minutes to 2 hours. just depends on the traffic "
    1
    Flag
  • Danlsteadman
    "Dogs are welcome at local restaurants with outside seating. Water bowls are available at these restaurants. "
    0
    Flag
  • Lmgkeys
    "Safe area. Surrounded by the water. Good schools. Great fishing and boating. Kayak and canoeing. Small island nearby."
    0
    Flag
  • 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. "
    0
    Flag
  • 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"
    1
    Flag
  • 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"
    1
    Flag
  • 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!"
    0
    Flag
  • 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"
    0
    Flag
  • Lian A.
    "GATED COMMUNITY WITH DEEP WATER DOCKAGE - FAMILY FRIENDLY"
    0
    Flag
  • 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."
    0
    Flag
  • Alicia O. L.
    "I have lived here for 7 years and absolutely love it!!!! A.L."
    1
    Flag

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Explore by feature - Pet Friendly

51 pet-friendly rentals in Ocean Reef, FL

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Explore by feature - Outdoor Space

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Homes for sale near 5 Ocean Reef Dr

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Off Market Homes Near 5 Ocean Reef Dr

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Copyright Central Listing Service at Ocean Reef, Inc. All rights reserved. Information is deemed reliable but not guaranteed.