Located in the desirable neighborhood of Sunrise Cay within the private gated community of Ocean Reef Club in Key Largo, Florida, this beautiful 4-bedroom, 4-bath canal-front home offers the perfect blend of tropical living and modern comfort. Situated on 100 feet of canal frontage, this elevated residence features spacious, light-filled interiors with vaulted ceilings, open living and dining areas, and large glass doors that frame stunning water and garden views. The modern kitchen and living spaces flow seamlessly to a screened-in pool terrace surrounded by lush landscaping and swaying palms. Enjoy direct water access with private dockage and a 16,000 lb. boat lift, ideal for boating and water enthusiasts. The home's exterior showcases elegant architectural details, a grand curved staircase entry, and abundant outdoor living areas. Experience the best of the Ocean Reef lifestyle — privacy, comfort, and resort-style amenities — all just minutes from open water access.
Contingent
$9,500,000
32 Cardinal Ln, Key Largo, FL 33037
4beds
3,457sqft
Est.:
Single Family Residence
Built in 1990
0.58 Acres Lot
$9,136,300 Zestimate®
$2,748/sqft
$-- HOA
What's special
Screened-in pool terraceBoat liftPrivate dockageCanal-front homeVaulted ceilingsSpacious light-filled interiorsModern kitchen
- 85 days |
- 54 |
- 0 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 07, 2025 at 07:47am
Listed by:
Barbara Sibley,
Ocean Reef Club Sotheby's International Realty
Source: CLS at Ocean Reef,MLS#: 2915
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Microwave
- Laundry: Laundry Closet
Features
- Office/Den
- Windows: Accordian Shutters, Impact Glass
- Has fireplace: Yes
- Furnished: Yes
Interior area
- Total structure area: 3,457
- Total interior livable area: 3,457 sqft
Video & virtual tour
Property
Features
- Stories: 2
- Exterior features: Dock, Garden
- On waterfront: Yes
Lot
- Size: 0.58 Acres
Details
- Parcel number: 00569443003200
- Special conditions: Traditional
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- As Is
- New construction: No
- Year built: 1990
- Major remodel year: 2015
Community & HOA
Community
- Subdivision: Not Condo or Condo Outside MLS Area
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $2,748/sqft
- Tax assessed value: $7,650,208
- Annual tax amount: $17,030
- Date on market: 10/28/2025
Estimated market value
$9,136,300
$8.68M - $9.59M
$7,867/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Contingent | $9,500,000$2,748/sqft |
Source: | ||
| 10/28/2025 | Listed for sale | $9,500,000+239.3%$2,748/sqft |
Source: | ||
| 2/24/2000 | Sold | $2,800,000$810/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,030 +3.7% | $2,482,517 +2.9% |
| 2024 | $16,416 +2.3% | $2,412,553 +3% |
| 2023 | $16,044 +4.7% | $2,342,285 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$57,824/mo
Principal & interest
$48007
Property taxes
$6492
Home insurance
$3325
Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 14.7 mi
- 4/10Coral Shores High SchoolGrades: 9-12Distance: 29.2 mi







