Date
Details
Price
Change
Source
3/27/2026
Listed
$4,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$4,500,000 Just Listed
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Property Description
Build your legacy on one of the largest available lots in The Hammock at Ocean Reef. Spanning nearly an acre (40,700 sq. ft.), this prime cul-de-sac location offers unparalleled seclusion and stunning lake views. This property provides the scale to accommodate your grandest designs. This is a unique opportunity to design a residence that prioritizes indoor-outdoor living, lake views, and absolute tranquility.
Full Property Details
Full Property Details for 48 Thatch Palm Way
General
- Price: $4,500,000
- Taxes: $18,540 (2025)
- Status: Active
- Type: Land Residential
- Source: Greater_Miami
- MLS ID: A11991076
- Updated: 3/29/2026
- Added to Site: 5 day(s) ago
Location
- Area: Ocean Reef Club
- County: Monroe County
- Subdivision: Ocean Reef Club
- Building Name: Ocean Reef Club
- Driving Directions: USE GPS to Ocean Reef Club
- Direction Faces: East
Community
- Community Name: Ocean Reef Club
- Gated community: Yes
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Residential
Additional Structures
- Other Structures: None
Lot Features
- Property View: Lake View
- Lot Size (Acres): 0.93
- Lot Features: No Misc/Improvements
- Development Status: Recorded Plat, Undeveloped
- Trees/Vegetation: Heavily Wooded, Other Trees, Wooded
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake
Financial Considerations
- Tax Amount: $18,540
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: BLK 7 LT 16 HARBOR COURSE SOUTH SEC III OCEAN REEF PLAT NO 18 PB7-53 OR1352-840/43
- Inclusions: None
- Property ID: 8769598
- Lot Number: 40700
Listed by Swenson & Ecuyer Realty and Paradise Florida Keys Real Est
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Listing agents
— 48 Thatch Palm Way —
Swenson & Ecuyer Realty
Paradise Florida Keys Real Est
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 48 Thatch Palm Way
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Key Largo School 104801 Overseas Highway, Key Largo, FL 33037 | PK-8 | 11.2 mi |
Coral Shores High School 89901 Old Highway, Tavernier, FL 33070 | 9-12 | 25.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48 Thatch Palm Way
Tax History
Tax History for 48 Thatch Palm Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,240
—
$4,690,268
10%
2024
$17,240
8%
$4,260,781
9%
2023
$15,919
84%
$3,894,990
162%
2021
$8,666
-5%
$1,484,126
-13%
2022
$9,093
5%
$1,712,453
19%
2021
$8,666
9%
$1,443,833
76%
2019
$7,946
6%
$818,338
10%
2018
$7,482
7%
$743,944
-42%
2017
$6,978
24%
$1,275,945
49%
2016
$5,607
10%
$855,970
53%
2015
$5,100
-30%
$558,937
10%
2014
$7,255
-2%
$508,125
10%
2013
$7,402
—
$461,932
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 48 Thatch Palm Way
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 3Total Baths
- 1,380Sq. Ft.
- Single Family
- Active
- Updated 23 hours ago
- 3Beds
- 3Total Baths
- 1,667Sq. Ft.
- Condo
- Active
- Updated 15 hours ago
- 2Beds
- 2Total Baths
- 1,179Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 5Beds
- 5Total Baths
- 4,170Sq. Ft.
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- Condo
- Active
- Updated 6 days ago
- 2Beds
- 2Total Baths
- 826Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 4Total Baths
- 3,817Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
- 2,128Sq. Ft.
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48 Thatch Palm Way, Key Largo, FL 33037 (MLS# A11991076) is a Land Residential property with a lot size of 0.93 acres. 48 Thatch Palm Way is currently listed for $4,500,000 and was received on March 27, 2026. Want to learn more about 48 Thatch Palm Way? Do you have questions about finding other Land Residential real estate for sale in Key Largo? You can browse all Key Largo real estate or contact a Coldwell Banker agent to request more information.