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$6,950,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 4,728 Sq. Ft.
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Where the ocean meets elegance, 545 Ocean Cay delivers an extraordinary expression of Keys coastal living. Set within the coveted, gated enclave of Ocean Cay Estates, this oceanfront residence is crafted for those who value refined comfort, effortless entertaining, and world-class boating. A private tropical oasis unfolds along the water's edge, anchored by an award-winning resort-style pool featuring five waterfalls, a walk-over bridge, a swim-up table, and a separate infinity spa overlooking the blue horizon. The outdoor living spaces feel like a retreat of their own--sun terraces, shaded lounging, lush landscaping, and uninterrupted ocean breezes.Two fully equipped outdoor grill/kitchen areas allow for seamless entertaining, from casual afternoons by the pool to unforgettable sunset dinners. For boaters, this is the ultimate base. Enjoy 100 ft of deep-water dockage with premium Zuri decking, multiple dock boxes, a shaded Tiki, dedicated lounging area, boat lift, and a specialty-designed kayak elevator for easy launching. Inside, the home blends soaring ceilings, natural light, and thoughtful craftsmanship. The chef's kitchen impresses with a Miele gas stove, oversized Sub-Zero refrigeration, stone countertops with integrated backlighting, and seamless flow to the dining and great rooms. A second bar area creates the perfect spot for conversation and cocktails.A private elevator services all three levels. The second floor features two bedrooms, two full baths, a laundry room, ocean-view dining, and expansive indoor- outdoor living. The third level hosts two generous office spaces and a serene oceanfront primary suite with a spacious spa-style bath. Built for peace of mind, the home includes impact-rated bi-fold doors and windows, electric rolladen shutters, and hurricane rated electric screens to protect your porches and furnishings at the touch of a button. Additional features include a lower-level carport, storage rooms, irrigation, landscape lighting, and

Full Property Details for 545 Ocean Cay Dr

General

  • Price: $6,950,000
  • HOA FEE: $250/month
  • HOA FEE FREQ.: Yearly
  • Taxes: $17,540 (2025)
  • Status: Active
  • Type: Single Family
  • Source: 927
  • MLS ID: 617309
  • Updated: 12/29/2025
  • Added to Site: 143 day(s) ago

Interior

  • Rooms/Areas: Laundry Room
  • Interior Features: Cathedral Ceilings, Bar, Walk-in Closet(s), Storage, Security System, Elevator, Built-in Cabinets, Pantry
  • Appliances: More Appliances, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Gas Appliances, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer, Washer
  • Furnishings: Unfurnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Pool: Yes
  • Pool Description: In Ground, Salt Water, Spa is Gas
  • Security/Safety: Electric Gate

Exterior

  • Exterior Features: Built-in Grill, Water Display, Sprinkler System, Outdoor Kitchen, Lighting, Hot Tub, Gazebo, Fencing, Chickee Hut
  • Deck/Patio: Open Porch/Balcony

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Carports: Yes
  • Parking: Garage, Covered Parking, Open Parking, Attached, Carport

Location

  • Area: 27 - Key Largo MM 97-107
  • County: Monroe
  • Subdivision: Port Largo (100.0)
  • Driving Directions: MM 100-- Turn east onto Ocean Cay Dr and follow to gate at end of street. Gated Community.

Community

  • Assoc. Fees Include: Security
  • Pets Allowed: Yes

Heating & Cooling

  • Cooling Type: Central Air, Ceiling Fans(s)

Utilities

  • Water: Ocean View, Open Water View, Canal View
  • Utility Description: FKAA, Buyer to Verify, Municipal Sewer

Structural Information

  • Architectural Style: Single Family
  • Construction: CBS
  • Roof: Metal Roof
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Dock Size: 100
  • Sprinklers: Yes
  • Stories/Levels: 3 Stories
  • Square Feet: 4,728
  • Sq. Ft. Source: Property Data Card
  • Year Built: 2001

Lot Features

  • Lot Size (Sq. Ft.): 12,120
  • Zoning: IS - Improved Subivision District

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Oceanfront, Open Water, Canal Front
  • Dock Description: Boat Lift

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $3,000
  • Assoc Fee Freq.: Yearly
  • Tax Amount: $17,540
  • Tax Year: 2025
  • Terms: Cash, FHA, VA, Conventional

Disclosures and Reports

  • Legal Description: PORT LARGO FIFTH ADDITION KEY LARGO PB6-109 LOT 545 & PT PVT RD OR796-2450 OR866-293/295 OR1003-1510/1513E OR1010-904/90
  • Flood Zone: VE, VE
  • APN: 00453475-016100

Listed by American Caribbean Real Estate, Christie's International Real Estate, JOY C MARTIN (305) 394-7866

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Listing agent

— 545 Ocean Cay Dr —

  • JOY C MARTIN

    American Caribbean Real Estate, Christie's International Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 545 Ocean Cay Dr

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Key Largo School
104801 Overseas Highway, Key Largo, FL 33037
PK-84.9 mi
Key West High School
2100 Flagler Avenue, Key West, FL 33040
9-1292.4 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 545 Ocean Cay Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/08/2026
Sold
$6,500,000
-6.47%
Public Record
11/13/2025
Listed
$6,950,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 545 Ocean Cay Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,709
—
$2,128,706
3%
2024
$16,709
3%
$2,068,714
3%
2023
$16,254
4%
$2,008,461
6%
2021
$15,639
3%
$1,893,168
-3%
2022
$15,244
-3%
$1,949,963
4%
2021
$15,639
3%
$1,867,030
2%
2019
$15,208
—
$1,825,054
2%
2018
$15,223
2%
$1,791,025
2%
2017
$14,891
-1%
$1,754,188
2%
2016
$15,117
-1%
$1,718,108
1%
2015
$15,259
-2%
$1,706,165
1%
2014
$15,556
-1%
$1,692,624
1%
2013
$15,701
—
$1,667,610
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by American Caribbean Real Estate, Christie's International Real Estate, JOY C MARTIN (305) 394-7866

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545 Ocean Cay Drive, Key Largo, FL 33037 (MLS# 617309) is a Single Family property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 545 Ocean Cay Drive is currently listed for $6,950,000 and was received on November 13, 2025. Want to learn more about 545 Ocean Cay Drive? Do you have questions about finding other Single Family 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.

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