$2,997,800
- 2 Beds
- 2 Baths
- 1,156 sqft
7 Ocean Reef Dr #E, Key Largo, FL 33037
Est. Refi. Payment $19,673/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 5, 2023 for $2,600,000
Home Value
Trulia Estimate
$3MSince last month
Increased$49K (+1.7%)Since last year
Increased$147K (+5.4%)Since last sale
Increased$278K (+10.7%)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 +5% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $2.88M |
| July 2026 | $2.83M |
| June 2026 | $2.96M |
| May 2026 | $2.94M |
| April 2026 | $2.93M |
| March 2026 | $2.82M |
| February 2026 | $2.57M |
| January 2026 | $2.79M |
2025 | |
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 |
|---|---|---|---|---|---|---|---|
0.03 | Condo | $3,815,000 | 05/19/26 | 2 | 2 | 1,156 | |
0.03 | Condo | $3,135,000 | 09/18/25 | 2 | 2.5 | 1,240 | |
0.23 | Condo | $2,600,000 | 05/07/26 | 2 | 2 | 1,280 | |
0.23 | Condo | $2,350,000 | 01/22/26 | 2 | 2 | 1,280 | |
0.32 | Condo | $2,600,000 | 04/03/26 | 2 | 2 | 1,186 | |
0.40 | Condo | $2,600,000 | 07/31/26 | 2 | 2 | 1,118 | |
0.36 | Condo | $2,825,000 | 03/20/26 | 2 | 2 | 1,280 | |
0.39 | Condo | $2,550,000 | 10/22/25 | 2 | 2 | 1,280 |
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 |
|---|---|---|---|---|---|---|
0.06 | $10,250,000 | 4 | 4.5 | 3,920 | Recently Sold | |
0.01 | - | 2 | 2 | 1,156 | Off Market | |
0.03 | $3,872,800 | 2 | 2 | 1,156 | Off Market | |
0.03 | $3,815,000 | 2 | 2 | 1,156 | Recently Sold | |
0.03 | $3,124,300 | 2 | 2.5 | 1,240 | Off Market | |
0.03 | $2,519,200 | 2 | 2 | 1,156 | Off Market | |
0.05 | $3,982,200 | 2 | 2 | 1,400 | Off Market | |
0.06 | $2,519,200 | 2 | 2 | 1,156 | Off Market | |
0.11 | $4,500,000 | - | - | 85 | Recently Sold | |
0.11 | $2,700,000 | - | - | - | Recently Sold | |
0.11 | $2,200,000 | - | - | - | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Condo
Year Built
1972
Living Area
1,156 sqft
Price/Sqft
$2,593
HOA
$1,167/Monthly
About this House
Renovated two bedroom, two bath condominium with a peek of an ocean view. Excellent rental property located in the heart of the Ocean Reef Club and within walking distance to all Club amenities, Buccaneer Island, and the Fishing Village. 40 feet of unassigned dockage with convenient parking in front and golf cart garage with room for bikes and fishing gear.
7 Ocean Reef Dr #E, Key Largo, FL 33037 is a 2 bedroom, 2 bathroom, 1,156 sqft condo built in 1972. It last sold for the $2,600,000 asking price on Jan 5, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $2,997,800, with a rent estimate of $3,666/month.
Last check for updates: about 1 hour ago
Listed by Albert J Rourke III, Megan Lyons
Ocean Reef Club Sotheby's International Realty
Bought with: Eric Woodward, Ocean Reef Club Sotheby's International Realty
Source: CLS at Ocean Reef, MLS#2446

Home Details for 7 Ocean Reef Dr #E
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Interior Details Number of Rooms: 7 |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1156 Square Feet |
Appliances & Utilities Appliances: Washer, Dryer, Dishwasher, Freezer, Refrigerator, MicrowaveDishwasherDryerLaundry: Laundry ClosetMicrowaveRefrigeratorWasher |
Levels, Entrance, & Accessibility Stories: 1 |
View No View |
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Exterior Home Features Exterior: Dock |
Parking & Garage No GarageNo Attached Garage |
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Year Built Year Built: 1972 |
Property Type / Style Property Type: ResidentialProperty Subtype: CondominiumArchitecture: Condominium |
Building Construction Materials: Concrete BlockNot a New Construction |
Property Information Condition: As IsParcel Number: 00081711003900 |
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Price List Price: $2,600,000 |
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MLS Status: Closed |
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Direction & Address City: Key LargoCommunity: Cay Harbor |
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Building Area Building Area: 1156 Square Feet |
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Has an HOAHOA Fee: $3,500/Quarterly |
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Special Conditions: Traditional |
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Mls Number: 2446 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 5, 2023 Source: CLS at Ocean Reef #2446 | Sold | $2,600,000 |
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 7 Ocean Reef Dr #E
- What is 7 Ocean Reef Dr #E estimated to be worth?Trulia's estimated value for 7 Ocean Reef Dr #E in Key Largo, FL is $2,997,800.
- What is the price history for 7 Ocean Reef Dr #E?7 Ocean Reef Dr #E in Key Largo, FL last sold for $2,600,000 in January 2023.
- 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 7 Ocean Reef Dr #E have laundry facilities?Yes, 7 Ocean Reef Dr #E in Key Largo, FL has in-unit laundry.