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558 Ocean Cay Dr

Key Largo, FL 33037

7 bd 6 ba 7,249 sqft Built 1994 Lot 12,197 sqft single_family
Most recent sale
$5,000,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 5, 2024 Listing removed $2,799,000 FloridaKeys
Jul 1, 2022 Sold $5,000,000 MLS #600829
May 20, 2022 Price changed $5,750,000 MLS #600829
May 2, 2022 Listed $6,250,000 MLS #600829
Sep 30, 2020 Listing removed $3,100,000 Marathon
Jul 22, 2020 Listing removed $3,200,000 Marathon
Oct 22, 2014 Sold $2,555,000 MLS #A1875939
Jul 7, 2014 Relisted $2,699,000 MLS #A1875939
Jun 11, 2014 Listing removed $2,699,000 MiamiMLS
Apr 1, 2014 Relisted $2,799,000 MLS #562695
Mar 14, 2014 Price changed $2,699,000 MLS #A1875939
Dec 30, 2013 Relisted $2,799,000 MLS #A1875939
Dec 13, 2013 Listing removed $2,799,000 MiamiMLS
Dec 2, 2013 Listed $2,799,000 MLS #A1875939
Dec 1, 2013 Listing removed $2,799,000 Marathon
Dec 1, 2013 Listed $2,799,000 MLS #562695
Nov 6, 2013 Listing removed $2,799,000 Marathon
Sep 15, 2013 Listed $2,799,000 MLS #561325
Jun 3, 2013 Listed $2,799,000 MLS #561325
May 31, 2013 Listing removed $2,799,000 Marathon
Mar 11, 2013 Price changed $2,799,000 MLS #559342
Feb 25, 2013 Price changed $2,899,000 MLS #559342
Feb 2, 2013 Price changed $2,999,000 MLS #559342
Jan 2, 2013 Price changed $3,199,000 MLS #559342
Nov 16, 2012 Listing removed $3,299,000 KeyWest
Nov 1, 2012 Listed $3,299,000 MLS #559342
Oct 31, 2012 Listed $2,799,000 MLS #559342
Oct 30, 2012 Listing removed $3,500,000 Marathon
Jun 6, 2012 Listing removed $3,500,000 FloridaKeys
Sep 9, 2011 Listed $3,500,000 MLS #555239
Jun 11, 2011 Listed $3,500,000 MLS #555239
Jun 7, 2008 Listing removed $5,500,000 Marathon
Jun 8, 2007 Listing removed $6,200,000 Marathon
Jun 7, 2007 Listed $5,500,000 MLS #541772
Mar 24, 2007 Listed $6,200,000 MLS #540891
Jun 30, 2003 Listing removed $3,200,000 Marathon
Dec 1, 2002 Listed $3,200,000 MLS #514001
Aug 31, 2002 Listing removed $3,100,000 Marathon
Feb 1, 2002 Listed $3,100,000 MLS #510099
Apr 29, 1998 Sold $1,325,000 Public Record
Dec 3, 1991 Sold $150,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $2,021,110 $2,702,902 $4,724,012 $38,750
2023 $1,959,473 $2,363,542 $4,323,015 $34,949
2021 $2,616,945 $21,511
2020 $2,580,814 $21,360
2019 $2,522,790 $20,917
2018 $2,475,751 $20,943
2017 $1,182,389 $1,242,442 $2,424,831 $20,486
2016 $1,085,867 $1,151,543 $2,237,410 $19,956
2015 $1,039,056 $1,151,543 $2,190,599 $19,867
2014 $1,871,223 $18,603
2013 $1,701,112 $16,382
2012 $1,801,535 $16,849
2011 $1,809,178 $17,037
2010 $1,974,933 $19,409
2009 $2,182,625 $19,683
2008 $3,257,475 $25,426
2007 $3,534,709 $26,138

Property facts

Year built
1994
Property type
single_family
Stories
3
Beds
7
Baths
6
Living area
7,249 sqft
Lot size
12,197 sqft
ZIP code
33037
City
Key Largo
Street
Ocean Cay Dr
Coordinates
25.09051, -80.43028

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$30,000
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 558 Ocean Cay Dr last sell?
558 Ocean Cay Dr most recently sold on Jul 1, 2022 for $5,000,000.
What is the current tax assessment for 558 Ocean Cay Dr?
The most recent total assessment for 558 Ocean Cay Dr (year 2025) is $4,724,012 with $38,750 in property tax.
How does 558 Ocean Cay Dr's assessment compare to its last sale price?
The current assessment is 5.5% below the last sale price of $5,000,000.
When was 558 Ocean Cay Dr built?
558 Ocean Cay Dr was built in 1994.
How does 558 Ocean Cay Dr compare to others on Ocean Cay Dr?
We track 8 other properties on Ocean Cay Dr. Browse the list under "Other properties on Ocean Cay Dr" to compare beds, baths, and sale history.
What are the property facts for 558 Ocean Cay Dr?
558 Ocean Cay Dr is a 7 bed, 6 bath, 7,249 sqft, 12,197 sqft lot single_family.
Is 558 Ocean Cay Dr a flip candidate?
No — 558 Ocean Cay Dr does not appear in our flips dataset.
Is 558 Ocean Cay Dr a tax-appeal candidate?
No — 558 Ocean Cay Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$1.47M
2026 Q4
$1.45M
ZIP 33037 — Median Price History + Forecast

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