101 Oleander Circle
Key Largo, FL 33037
MLS# 618417
Status:
Closed7 beds | 7 baths | 4460 sqft
Property DescriptionWelcome to the iconic Key Largo Lighthouse, a one-of-a-kind oceanfront landmark set on 1.6 acres of lushly landscaped tropical paradise in Key Largo. With over 300 feet of seawalled waterfront, this private compound delivers an unmatched resort-style lifestyle in the Florida Keys. Surrounded by mature palms, the property offers an extraordinary array of amenities, including a private boat basin, pickleball court, working lighthouse, and a spectacular water-park-style infinity pool complete with a lazy river, grotto, hot tub, waterslide, and multiple cascading waterfalls. Designed for grand-scale entertaining or quality family time, the estate features three main buildings with accommodations for up to 20 guests. The main residence showcases a stunning great-room layout anchored by a chef's kitchen with a Wolf gas range, Sub-Zero refrigerator and six under-counter refrigerated drawers, full-size wine fridge, expansive pantry, and an oversized island ideal for gatherings. Additional living spaces include two separate units, each with full kitchens and bedrooms, along with three detached guest bedrooms with cabana baths, offering exceptional privacy and flexibility. Throughout the grounds, Old Chicago brick walkways, seven tiki huts, and thoughtfully designed lounging areas invite relaxation at every turn. Enjoy breathtaking ocean sunrises from the point and entertain under the cabana bar overlooking Pennekamp National Park, the Atlantic Ocean, and your private, secure boat basin—equipped with a boat lift, floating jet-ski lift, and kayak/paddleboard launch. The property is fully outfitted with impact windows and doors, a metal roof, and a standby generator capable of powering the entire estate, providing peace of mind year-round. This rare and irreplaceable oceanfront compound is the ultimate setting for unforgettable entertaining and luxurious island living. Simply too many impeccable details to capture—come see it in person and schedule your private showing today!
Current Price: $7,500,000
Listing Date: 2026-02-01
Listing Board: Florida Keys
Leased Price Monthly: $7,500,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Street #: 101
Street Name: Oleander
Street Suffix: Circle
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
County: Monroe
Subdivision: Key Largo Beach Addition (100.0)
Area: 27 - Key Largo MM 97-107
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 5
Pool: Yes
Year Built: 1959
Lot SqFt: 70613
Lot Sqft Source: Property Data Card
Acres: 1.62
Living Apx SqFt: 4460
SqFt Source: Property Data Card
Total Bedrooms: 7
Full Baths: 5
Half Baths: 2
Total Baths: 7
Rentals Allowed: With Restrictions
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dock Length: 300
Dock: Concrete
Heated: Yes
Other Surroundings: Grotto Hot Tub Slide
Bank Owned: No
Potential Short Sale: No
Under Contract Date: 2026-05-03
Leased Date: 2026-08-21
Leased Price Monthly: $7,500,000
Status: Closed
Waterfront: Canal Front; Oceanfront; Open Water
Waterview: Canal View; Ocean View; Open Water View
Dockage: Basin; Boat Lift; Boat Slip
Property Condition: Updated/Remodeled
Vehicle Storage: Carport; Covered Parking; Off Street Parking; RV Parking Open; Trailer Storage
Cooling: Ceiling Fans(s); Central Air; Ductless; Heat Pump
Heating: Central; Ductless
Utilities: Buyer to Verify; Cable Available; FKAA; Municipal Sewer; Propane; Whole House Generatr
Interior Features: Bar; Built-in Cabinets; Granite Counter Top; Pantry; Storage; Walk-in Closet(s)
Pre-Wired: Cable; Surround Sound
Specialty Rooms: Laundry Room; Workshop
Appliances: Dishwasher; Dryer; Freezer; Gas Appliances; Ice Machine; Microwave; More Appliances; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler
Exterior Features: Bar; Built-in Grill; Chickee Hut; Detached Guest Qtrs; Fencing; Gazebo; Lighting; Outdoor Kitchen; Outdoor Shower; Privacy Wall/Fence; Tennis Court(s)
Accessibility Feat: Accessible Full Bath; Accessible Kitchen; Grab Bars; Wheelchair Ramp
Pool Info: In Ground; Salt Water; Decked
Land Size: 1 Less Than 2 Acres
Terms: Cash; Conventional
| Room Name | Length | Level | Width |
| Family Room | 20.00 | Main | 17.00 |
Listing Office: Illustrated Properties, LLC
Last Updated: August - 26 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.