1565 Ocean Bay Dr Key Largo, FL 33037

$13,750,000
4 beds
4 full, 1 partial
2,000 sqft
1.5 acres
$6,875 / sqft
House

Property details

About 1565 Ocean Bay Dr

Aptly named The Sanctuary Islet, this secluded peninsula is a rare gem nestled within a protected 25 acre private park like preserve of native trees and mangroves in scenic Key Largo, the first island of the Florida Keys. Where privacy is a top perk. The Sanctuary Islet is an incomparable resort-like home that comes with all the amenities you can imagine except for neighbors. A one-of-a-kind, private peninsula surrounded by the Atlantic Ocean, it is comparable only to living on a private island - yet walking distance to restaurants, bars, grocery stores and pharmacies. Offers the ultimate privacy - behind two private entry gates, is likely to be the most secluded and private property in all the keys. Home foot print is 4,000 sq ft. upstairs with over 2,000 sq feet of balcony and 4,000 sq ft downstairs. Includes additional separate guest house plans pre approved for 3 bedroom 3 baths with similar design as main house. As featured in Global Mansions -The Wall Street Journal, this estate was designed by a world renowned architect-engineer team and built to withstand direct impact cat 5 storm with minimal or no damage. Navigate your boat into your own protected boat slip. Accommodates a 45' boat - 24,000 pounds lift offering a large turning radius - into the wide open turning basin. No more fairway maneuvers needed. Conveniently located adjacent to the property and accessible via your own private road. A truly magical property that exudes peaceful tranquility unlike no other property in the keys.Possible unity with adjacent property - creating a family compound estate resort style- all behind a private gated entrance offering absolute seclusion. Offering privacy unlike no other.Owner- Broker.

Highlights

Home typeSingle Family Residence
StatusActive
Size2,000 sqft
Lot size1.5 Acres
Year builtNew Const., 2017
MLS #612839
Garage4 spaces
WaterfrontOcean Front
ViewOcean
Private poolYes

Virtual tour

Summary

  • MLS Number: 612839
  • MLS Name: KeyWest
  • Office Name: Diversified Realty Exchange, LLC
  • Office Phone: (786) 298-1110
  • Listing Agent: Jorge Gaviria

The data relating to real estate for sale on this web site comes in part from the IDX Program of Key West Association of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Key West Association of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 12:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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pool at dusk featuring a water view

$13,750,000

1565 Ocean Bay Dr

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$1,639,548$13,520
2022$1,591,795$12,701
2021$1,545,433$12,701
2020$1,524,096$12,976
2018$1,500,437$13,013
2017$663,746$4,367

History based on county public records data.

Nearby schools

7

Ocean Studies Charter

Public Charter KG-5

6.4 mi

92295 Old Hwy

4

Miami Community Charter School

Public Charter KG-5

25.5 mi

101 S Redland Rd

5

Florida City Elementary School

Public District PK-5

25.9 mi

364 NW 6th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $93,349. Most Key Largo, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

13%
<35k
43%
35k-100k
30%
100k-200k
14%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

48%
Single, No Kids
6%
Single, with Kids
30%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
8%
12-17 yrs old
15%
18-34 yrs old
50%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • College FootballCollege Football

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • LincolnLincoln

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1565 Ocean Bay Dr

This home is located at 1565 Ocean Bay Dr in Key Largo, FL and zip code 33037. This 2,000 square foot home, which was built in 2017, sits on a 1.50 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $13,750,000.

In January 2025, from all listings sold in Key Largo, FL there were more than 0 sold above asking price, over 4 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Key Largo, FL between December and January 2025 increased by 24.1%. The median list price of listings available in January 2025 was $885,000, while the average time on the real estate market was 92 days.

From Rocket Homes Real Estate and based on county public records data.

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