$13,750,000

1565 Ocean Bay Dr Key Largo, FL 33037

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 rare, secluded peninsula is a hidden gem within a protected 25-acre private preserve of native trees and mangroves in scenic Key Largo-- the first island of the Florida Keys. Privacy is a key feature of this property, offering breathtaking views, lush tropical vegetation and daily visits from exotic birds. Enjoy year-round sunrises over the Atlantic from this truly unique retreat.Surrounded by pristine ocean yet walking distance to restaurants, bars, etc. this resort-like estate provides an experience comparable to a private island--but with all the conveniences of mainland living. Behind two private entry gates, this estate offers what is likely the most secluded and private setting in all of the Florida Keys.The 4,000 sq. ft. main home features 2,000 sq. ft. of balconies plus 4,000 sq. ft. of additional space downstairs. With four spacious bedrooms, including luxurious ensuite bathrooms, this home is designed for ultimate comfort and convenience. The indoor-outdoor tropical bathrooms add a touch of luxury, blending sophistication with nature. The seamless integration of indoor and outdoor living spaces immerses you in the lush surroundings, with ample space for al fresco dining, lounging, and entertaining.Pre-approved plans for a 3-bedroom, 3-bath guest house are included. As featured in The Wall Street Journal's Global Mansions, this estate was designed by a world-renowned architect-engineer team and built to withstand direct-impact Category 5 storms.For boating enthusiasts, navigate your vessel into your own protected boat slip, accommodating a 45' boat on a 24,000-pound lift, with an expansive turning radius and direct access to a wide-open turning basin--no fairway maneuvers required.Whether you plan to make this your primary residence or an investment property, this turnkey home comes with a great management team in place. Opportunity to unite with an adjacent property, creating your won compound.

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: 3/14/2025, 5:15:57 AM 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

9

Ocean Studies Charter

Public Charter KG-5

6.4 mi

92295 Old Hwy

3

Miami Community Charter School

Public Charter KG-5

25.5 mi

101 S Redland Rd

2

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. The most common annual income of people living in Key Largo, FL is between $35k-100k. Most families are single, no kids. 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.

While more than 2 listings in Key Largo, FL in February 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 15 were sold below. The number of homes for sale in Key Largo, FL increased by 13.2% between January and February 2025. Listings spent 148 days on the market in February 2025, and had a median list price of $883,000 during the same period.

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

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