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Pending
  • Price cut: $345K (1/21)
    $8,950,000

    5 Diana Rd, Key Largo, FL 33037

    4beds
    3,433sqft
    : 
    Single Family Residence
    Built in 2015
    0.25 Acres Lot
    $8,214,100 Zestimate®
    $2,607/sqft
    $-- HOA

    What's special

    Private pool and patioWelcoming veranda in frontAbundant natural lightOpen gourmet kitchenSoaring ceilingsPowder room
    Discover a beautifully designed Key West style residence in the desirable Villa Cay neighborhood of Ocean Reef. This newer construction home, crafted by celebrated architect Hilario Candela, and dcor by interior designer Lizzie Lynn, welcomes you with bright, spacious living areas, soaring ceilings, and abundant natural light. Featuring four comfortable bedrooms—each with an en-suite bath—and a powder room, this home epitomizes ease and elegance. The open gourmet kitchen flows into the dining and living spaces, overlooking a private pool and patio with multiple dining options, grill, and TV for seamless indoor/outdoor living. The generous primary bedroom opens to the pool patio and park views, creating a relaxing retreat. Additional highlights include a large covered carport under the home and a welcoming veranda in front. Experience comfort, style, and a truly inviting atmosphere at the end of a peaceful cul-de-sac, just steps from the adjacent beautiful and serene park.
    119 days
    |
    364
    |
    6
    |

    Likely to sell faster than

    Zillow last checked: 8 hours ago

    Listing updated: February 13, 2026 at 07:00am

    Listed by:

    Cassy Everhart, Morgan Smith,

    Ocean Reef Club Sotheby's International Realty,

    Richard Romeo,

    Ocean Reef Club Sotheby's International Realty

    Source: CLS at Ocean Reef,MLS#: 2909MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Microwave
    • Laundry: Laundry Room
    Features
    • Windows: Impact Glass
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total structure area: 3,433
    • Total interior livable area: 3,433 sqft
    Video & virtual tour

    Property

    Features
    • Stories: 2
    • Patio & porch: Deck/Patio
    Lot
    • Size: 0.25 Acres
    Details
    • Parcel number: 00570010000000
    • Special conditions: Traditional

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 2015

    Community & HOA

    Community
    • Subdivision: Not Condo or Condo Outside MLS Area
    Location
    • Region: Key Largo

    Financial & listing details

    • Price per square foot: $2,607/sqft
    • Tax assessed value: $5,622,709
    • Annual tax amount: $35,207
    • Date on market: 10/26/2025
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    $8,214,100

    $7.80M - $8.62M

    $7,673/mo

    Price history

    Price history
    DateEventPrice
    2/13/2026Pending sale$8,950,000$2,607/sqft
    Source: CLS at Ocean Reef #2909 Report a problem
    1/21/2026Price change$8,950,000-3.7%$2,607/sqft
    Source: CLS at Ocean Reef #2909 Report a problem
    1/12/2026Price change$9,295,000-4.7%$2,708/sqft
    Source: CLS at Ocean Reef #2909 Report a problem
    10/26/2025Listed for sale$9,750,000-2%$2,840/sqft
    Source: CLS at Ocean Reef #2909 Report a problem
    5/30/2025Listing removed$9,950,000$2,898/sqft
    Source: CLS at Ocean Reef #2780 Report a problem
    3/21/2025Price change$9,950,000-4.8%$2,898/sqft
    Source: CLS at Ocean Reef #2780 Report a problem
    11/27/2024Listed for sale$10,450,000+100%$3,044/sqft
    Source: CLS at Ocean Reef #2780 Report a problem
    5/12/2021Sold$5,225,000-5.9%$1,522/sqft
    Source: Public Record Report a problem
    4/15/2021Pending sale$5,550,000$1,617/sqft
    Source: CLS at Ocean Reef #2159 Report a problem
    3/6/2021Listed for sale$5,550,000+76.2%$1,617/sqft
    Source: Ocean Reef Club Sotheby's International Realty #2159 Report a problem
    11/11/2015Listing removed$3,150,000$918/sqft
    Source: Russell Post Sotheby's International Realty #OR970 Report a problem
    8/25/2015Listed for sale$3,150,000+306.5%$918/sqft
    Source: Russell Post Sotheby's International Realty #970 Report a problem
    11/15/2010Listing removed$775,000+14.8%$226/sqft
    Source: Big Sky Real Estate #539220 Report a problem
    7/27/2010Sold$675,000-12.9%$197/sqft
    Source: Public Record Report a problem
    6/12/2010Pending sale$775,000$226/sqft
    Source: Big Sky Real Estate #539220 Report a problem
    5/1/2010Price change$775,000-3.1%$226/sqft
    Source: Big Sky Real Estate #539220 Report a problem
    2/26/2010Price change$800,000-11.1%$233/sqft
    Source: Big Sky Real Estate #539220 Report a problem
    8/1/2009Price change$900,000-10%$262/sqft
    Source: Big Sky Real Estate #539220 Report a problem
    6/13/2009Price change$1,000,000-20%$291/sqft
    Source: Big Sky Real Estate #539220 Report a problem
    5/16/2009Listed for sale$1,250,000$364/sqft
    Source: Big Sky Real Estate #539220 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$38,443 +4.8%$5,622,709 +6.1%
    2024$36,674 +11%$5,298,057 +10%
    2023$33,054 +9%$4,816,415 +7.2%
    2022$30,335 +56%$4,492,503 +113.6%
    2021$19,442 +15.7%$2,103,677 +10%
    2020$16,811 $1,912,434 -28.8%
    2019$16,811 +4.7%$2,685,604 +30%
    2018$16,055 +17.7%$2,065,938 +32.6%
    2017$13,646 +20.3%$1,557,950 +3.9%
    2016$11,342 +1.4%$1,499,624 +193.7%
    2015$11,187 $510,655

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $49,853/mo
    Principal & interest
    $43737
    Property taxes
    $6116

      Climate risks

      Neighborhood: 33037

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      Local experts in 33037

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