This is the best-priced waterfront condominium at Ocean Reef! Bright and inviting, it features two bedrooms and three full baths, including a master bath with a double shower. The family room offers stunning views of the Pumpkin Cay canal, with easy access to the ocean and breathtaking sunsets every evening. The oversized golf cart garage provides ample storage, along with convenient assigned parking. Just a short walk away are three community pools. A new seawall, completed in spring 2023, offers 32 feet of dockage, and a Bellingham Marine floating dock project is set to begin on May 15, with completion expected by November 2024. Ideal as an excellent rental property or a serene private retreat for owners.
Sold for $2,495,000
$2,495,000
12 Marlin Ln #B, Key Largo, FL 33037
2beds
1,544sqft
Condominium
Built in 1973
-- sqft lot
$2,470,000 Zestimate®
$1,616/sqft
$5,091 Estimated rent
Home value
$2,470,000
$2.15M - $2.84M
$5,091/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: March 20, 2025 at 08:23pm
Listed by:
Mary Brady,
Ocean Reef Club Sotheby's International Realty
Bought with:
Patricia Simms, BK3097422
Watson Luxury Properties at Ocean Reef
Source: CLS at Ocean Reef,MLS#: 2561
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Microwave
- Laundry: Laundry Closet
Features
- Granite Counters
- Windows: Impact Glass
- Furnished: Yes
Interior area
- Total structure area: 1,544
- Total interior livable area: 1,544 sqft
Property
Features
- Stories: 1
- Exterior features: Dock
Details
- Parcel number: 00569513000712
- Special conditions: Traditional
Construction
Type & style
- Home type: Condo
- Architectural style: Condominium
- Property subtype: Condominium
Materials
- Concrete Block
Condition
- New construction: No
- Year built: 1973
- Major remodel year: 2007
Community & neighborhood
Location
- Region: Key Largo
- Subdivision: Pumpkin Cay
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $4,450 quarterly
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2025 | Sold | $2,495,000-4%$1,616/sqft |
Source: Public Record Report a problem | ||
| 1/27/2025 | Pending sale | $2,600,000$1,684/sqft |
Source:  CLS at Ocean Reef #2561 Report a problem | ||
| 12/26/2024 | Contingent | $2,600,000$1,684/sqft |
Source: CLS at Ocean Reef #2561 Report a problem | ||
| 12/22/2024 | Price change | $2,600,000-7.1%$1,684/sqft |
Source: CLS at Ocean Reef #2561 Report a problem | ||
| 11/19/2024 | Price change | $2,800,000-3.4%$1,813/sqft |
Source: CLS at Ocean Reef #2561 Report a problem | ||
| 6/26/2024 | Listed for sale | $2,900,000$1,878/sqft |
Source: CLS at Ocean Reef #2561 Report a problem | ||
| 5/30/2024 | Contingent | $2,900,000$1,878/sqft |
Source: CLS at Ocean Reef #2561 Report a problem | ||
| 5/26/2024 | Listed for sale | $2,900,000$1,878/sqft |
Source: CLS at Ocean Reef #2561 Report a problem | ||
| 5/23/2024 | Contingent | $2,900,000$1,878/sqft |
Source: CLS at Ocean Reef #2561 Report a problem | ||
| 1/22/2024 | Price change | $2,900,000-9.4%$1,878/sqft |
Source: CLS at Ocean Reef #2561 Report a problem | ||
| 10/4/2023 | Price change | $3,200,000-5.2%$2,073/sqft |
Source: CLS at Ocean Reef #2561 Report a problem | ||
| 8/16/2023 | Price change | $3,375,000-3.6%$2,186/sqft |
Source: CLS at Ocean Reef #2561 Report a problem | ||
| 7/14/2023 | Listed for sale | $3,500,000+40.3%$2,267/sqft |
Source: CLS at Ocean Reef #2561 Report a problem | ||
| 5/19/2022 | Sold | $2,495,000$1,616/sqft |
Source: Public Record Report a problem | ||
| 3/15/2022 | Pending sale | $2,495,000$1,616/sqft |
Source: CLS at Ocean Reef #2255 Report a problem | ||
| 1/20/2022 | Price change | $2,495,000+9.7%$1,616/sqft |
Source: CLS at Ocean Reef #2255 Report a problem | ||
| 7/26/2021 | Listed for sale | $2,275,000+89.6%$1,473/sqft |
Source: CLS at Ocean Reef #2255 Report a problem | ||
| 3/16/2021 | Sold | $1,200,000+0.4%$777/sqft |
Source: Public Record Report a problem | ||
| 2/16/2021 | Pending sale | $1,195,000$774/sqft |
Source: Swenson & Ecuyer Realty #2018 Report a problem | ||
| 2/12/2021 | Price change | $1,195,000-6.3%$774/sqft |
Source: Swenson & Ecuyer Realty #2018 Report a problem | ||
| 11/3/2020 | Price change | $1,275,000-2.7%$826/sqft |
Source: Swenson & Ecuyer Realty #2018 Report a problem | ||
| 9/2/2020 | Listed for sale | $1,310,000+208.2%$848/sqft |
Source: Swenson & Ecuyer Realty #2018 Report a problem | ||
| 4/18/2005 | Sold | $425,000$275/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,956 +9.1% | $2,413,545 +10% |
| 2024 | $15,547 +11.4% | $2,194,132 +10% |
| 2023 | $13,957 +40.1% | $1,994,665 +39.5% |
| 2022 | $9,961 +37.3% | $1,430,233 +49.8% |
| 2021 | $7,257 +4% | $954,935 +10% |
| 2020 | $6,976 | $868,123 -11.7% |
| 2019 | $6,976 +3.8% | $983,503 -0.3% |
| 2018 | $6,720 +2.2% | $986,496 +11.5% |
| 2017 | $6,573 +10.4% | $884,470 +2.9% |
| 2016 | $5,954 +0.7% | $859,890 +29.4% |
| 2015 | $5,913 | $664,391 |
Find assessor info on the county website
Neighborhood: 33037
Nearby schools
GreatSchools rating
- 8/10Key Largo SchoolGrades: PK-8Distance: 13.8 mi
- 4/10Coral Shores High SchoolGrades: 9-12Distance: 28.2 mi
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Estimated market value
$2,470,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,470,000
- Florida
- Monroe County
- Key Largo
- 33037
- 12 Marlin Ln Unit B