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2 Beds
2 Baths
1,187 sqft

$5,250,000

308 Carysfort Road, Key Largo FL, 33037

Price per sqft$4,422.91
Built in1985
Property size1,187 sqft
Property typeResidential

Overview

Active

Listed Feb 3, 2026

Updated 24h ago

Welcome to a rare and exceptional homesite steps from the beach. Perfectly positioned on a coveted corner lot just steps from the ocean and Buccaneer Island, this property presents an incredible opportunity in one of Ocean Reef's most desirable neighborhoods. The lot offers endless potential to create a legacy home in a premier coastal setting. Currently, a charming, sun-filled cottage sits on the property—a 2-bedroom, 2-bath residence with an additional den that could be used as a 3rd bedroom—ideal for immediate enjoyment while you thoughtfully plan your custom renovation or future new construction. Light, airy, and undeniably “Keysey,” this is the property for you! Villa Cay is prized for its unbeatable proximity to the ocean and its walkable access to Ocean Reef's world-class amenities, making this location especially compelling for those seeking both lifestyle and long-term value. This is a rare chance to secure an extraordinary lot, enjoy a delightful cottage now, and build something truly special for generations to come. About Ocean Reef: Ocean Reef Club is a private, 2,500-acre club community located at the northern tip of Key Largo, offering one of the most comprehensive and exclusive lifestyles in the country. Members enjoy two championship golf courses, a 175-slip marina, private airport, tennis and pickleball facilities, spa and fitness center, diverse dining and boutique shopping, medical center, school, and a private beach on Buccaneer Island—all within a secure, private club/resort style environment.

$34,928/mo

Est. mortgage payment based on a $5,250,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
3971
Available since
February 3, 2026

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.26 Acres

Other Property Details

Taxes
$16,827
Tax Frequency
Annually

 Courtesy of Parris Everhart | Ocean Reef Club Sotheby's International Realty

Based on information from DASH - Sotheby's International Realty (SIR) as of 10/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2026 DASH - Sotheby's International Realty (SIR). All rights reserved. 

Data last updated 7:18 AM UTC, 10/10/2026

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