A rare opportunity to acquire one of the few homes at Ocean Reef with a canal on one side and a lagoon on the other. Experience the pinnacle of waterfront living with 153’ of frontage on the canal and a 40’ dock. The home has had renovations in 2017, 2020 and 2023, it has 4 bedrooms and 3 full baths along with a large pool deck and a 2 cart / 1 car garage. Features include:
• totally renovated in 2017, including a new roof
• 2,680 sf under A/C
• Expandable to 6BR / 6BA (plan available)
• Salt water pool
• 40’ dock with 110v, 30amp and 50amp service
• New kitchen with all new appliances in 2021
• New A/C units in 2023
• New propane generator installed in 2023
For sale by owner
Price cut: $1M (3/2)
$15,000,000
32 E Snapper Point Dr, Key Largo, FL 33037
4beds
2,680sqft
Est.:
SingleFamily
Built in 1977
0.5 Acres Lot
$-- Zestimate®
$5,597/sqft
$11,000/mo HOA
What's special
Modern updatesSaltwater poolSpacious pool deckPropane generatorEndless waterfront viewsCanal frontage
What the owner loves about this home
Features:
• Complete renovation 2017 including the roof
• 4 BR / 3 BA (expansion possible to 6 BR / 6BA)
• 6,186 sf gross
• 2,680 sf A/C
• 2020 New kitchen including all appliances
• Salt water generator for pool
• Garage – 1 car / 2 carts
• 153’ canal frontage
• 2017 - 40’ dock w/110v, 50 amp & 30 amp
• 2023 22KW generator & 1,000 gal propane tank
• 2023 A/C replacement
o 5 ton compressor / air handler / ductwork – 10 yr warranty
o 2 ton compressor / air handler – 10 yr warranty
• Hot water circulator pump with direct supply from hot water heater to MBA
• Expansions to the north and south possible (plans available)
- 265 days |
- 599 |
- 14 |
Listed by:
Property Owner (617) 694-4700
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Carpet, Hardwood
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 2,680 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Stucco
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.5 Acres
Details
- Parcel number: 00571971003200
Construction
Type & style
- Home type: SingleFamily
Materials
- Concrete Block
- Foundation: Piling
- Roof: Tile
Condition
- New construction: No
- Year built: 1977
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $11,000 monthly
Location
- Region: Key Largo
Financial & listing details
- Price per square foot: $5,597/sqft
- Tax assessed value: $10,324,462
- Annual tax amount: $40,940
- Date on market: 7/30/2025
Estimated market value
Not available
Estimated sales range
Not available
$6,987/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/2/2026 | Price change | $15,000,000-6.3%$5,597/sqft |
Source: Owner Report a problem | ||
| 2/24/2026 | Listed for sale | $16,000,000+6.7%$5,970/sqft |
Source: Owner Report a problem | ||
| 2/13/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/6/2025 | Listed for sale | $15,000,000$5,597/sqft |
Source: Owner Report a problem | ||
| 11/23/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/30/2025 | Listed for sale | $15,000,000-11.2%$5,597/sqft |
Source: Owner Report a problem | ||
| 5/1/2024 | Listing removed | $16,900,000$6,306/sqft |
Source:  CLS at Ocean Reef #2652 Report a problem | ||
| 2/9/2024 | Listed for sale | $16,900,000+333.3%$6,306/sqft |
Source: CLS at Ocean Reef #2652 Report a problem | ||
| 6/5/2017 | Sold | $3,900,000-21.2%$1,455/sqft |
Source: Public Record Report a problem | ||
| 1/31/2017 | Price change | $4,950,000-3.9%$1,847/sqft |
Source: Russell Post Sotheby's International Realty #OR899 Report a problem | ||
| 5/4/2016 | Price change | $5,150,000-2.6%$1,922/sqft |
Source: Russell Post Sotheby's International Realty #OR899 Report a problem | ||
| 1/28/2016 | Listed for sale | $5,290,000+522.4%$1,974/sqft |
Source: Russell Post Sotheby's International Realty #OR899 Report a problem | ||
| 11/2/1995 | Sold | $850,000$317/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $40,940 +3.7% | $6,038,064 +2.9% |
| 2024 | $39,485 +2% | $5,867,896 +3% |
| 2023 | $38,714 +4.8% | $5,696,987 +3% |
| 2022 | $36,953 +40% | $5,531,056 +51.4% |
| 2021 | $26,403 -1.1% | $3,653,552 -0.4% |
| 2020 | $26,701 | $3,667,643 +3.1% |
| 2019 | $26,701 +2.9% | $3,558,197 +2.2% |
| 2018 | $25,958 -0.2% | $3,482,296 +21.8% |
| 2017 | $26,000 +23.2% | $2,860,191 +2.1% |
| 2016 | $21,103 -3.2% | $2,801,363 +0.7% |
| 2015 | $21,806 | $2,781,890 |
Find assessor info on the county website
Monthly payment
Est. payment
$95,464/mo
Principal & interest
$74214
HOA Fees
$11000
Property taxes
$10250
More affordability tools
Climate risks
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 13.2 mi
- 4/10Coral Shores High SchoolGrades: 9-12Distance: 27.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Monroe County
- Key Largo
- 33037
- 32 E Snapper Point Dr
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