60 Ocean Front Dr, Key Largo, FL 33037 — MLS photo

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60 Ocean Front Dr, Key Largo, FL 33037

Active · SingleFamilyResidence

$4,890,000

60 Ocean Front Dr, Key Largo, FL 33037

Beds
3
Baths
3
Living area
2,950 sq ft
$ / sq ft
$1,658/sq ft
Year built
1990
Lot size
21,200 sq ft
HOA fee
—
Annual tax
—

About this property

Best opportunity with best view in Florida Keys! Experience coastal luxury at The Oasis, a striking oceanfront sanctuary with 86 feet of direct Atlantic frontage nestled within the most exclusive area of Key Largo. Designed to blur the lines between indoors and out, this 3-bedroom/3-bathroom stunning residence spans approximately 2,500 square feet and features floor-to-ceiling windows that flood interiors with natural light, while an open-concept layout connects elegant living spaces to expansive terraces overlooking the ocean. Resort style amenities are highlighted by a 75-foot infinity-edge pool stretching toward the horizon, creating a breathtaking centerpiece for relaxation and entertaining. The property’s lush tropical landscaping, covered patio, and outdoor gas-powered kitchen make it ideal for hosting gatherings or enjoying breathtaking panoramic ocean views and quiet moments by the sea. Built with solid concrete construction, impact glass, and a metal roof, the home offers lasting peace of mind in a coastal environment. Perfectly positioned in one of Key Largo’s most desirable enclaves, and minutes from fine dining, marinas, and boutique shopping, The Oasis delivers an unmatched combination of style, serenity, and elegant oceanfront living. Conceptual architectural expansion plans are available for an additional 4-bedrooms/2-bathrooms along with documentation for the addition of a 150 ft. private dock. See due diligence for more information.

Property location

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60 Ocean Front Dr, Key Largo, FL 33037

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,950 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1990
Lot size
21,200 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$0
County
Monroe
MLS listing ID
A12012115
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$16,894

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-14.8%
Gross yield
4.6%
Mortgage payment
$23,181/mo
Down payment
$1,222,500
Loan amount
$3,667,500
Annual NOI
$75,446

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.