Waterfront
Address
57 Garden Cove Drive, Key Largo, FL
Price
$ 10,999,999
Property Attributes
  • MLS#617713
  • TypeSingle Family
  • Listing Status Active
  • CountyMONROE
  • CityKey Largo
  • AreaKey Largo MM 97-107
  • NeighborhoodOcean Isle Estates
  • Zip33037
  • StyleSingle Family
  • Year Built2014
  • Taxes$ 34738
  • Price$ 10,999,999
  • Bedrooms6
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage5113
  • Lot Size0.11 Acres
Data Source:
Florida Keys MLS (FLKMLS)
Property Description

Introducing 57 Garden Cove Drive, a rare opportunity to own a private, resort-style Key Largo waterfront compound set on nearly 26,000 square feet of land, now OFFERED TOGETHER with an additional adjacent vacant residential parcel, creating exceptional flexibility for future expansion or development.Thoughtfully designed to capture both scale and functionality, the residence features 6 bedrooms & 6 bathrooms, complemented by a private elevator for seamless access throughout. Expansive interiors are filled with natural light, effortlessly connecting indoor living spaces to the surrounding tropical landscape.For boating enthusiasts, the property offers 100FT of premium dockage delivering immediate & unrestricted access to open water -- a rare & highly desirable feature in the Keys.Beyond its lifestyle appeal, the property stands out as a proven income-producing asset. With 7-day short-term rental approval, it is currently operating as a successful vacation rental and wedding venue, supported by an exceptional rental history -- offering both immediate revenue & long-term investment potential.The true differentiator lies in the land and flexibility. With the inclusion of the adjacent parcel, the property presents a unique opportunity to further enhance the estate -- whether through additional structures, expanded amenities, or the creation of a fully realized private resort-style compound.Framed by swaying palms & open water views, this is more than a home -- it is a turnkey lifestyle investment with development upside, positioned in one of the most desirable waterfront enclaves in the Florida Keys.

Price History
12/16/2025 Listed $12,500,000
5/29/2026 13$10,999,999

General Features

Living Area 5113.00
Construction CBS,Concrete
Utilities FKAA,Buyer to Verify
Appliances Washer,Microwave,Dishwasher,Dryer
Flood Zone AE,AE
Zoning MIX - County Mixed Zoning
HOA Fee 0.00
Pets Allowed Y/N Pets Allowed
Status Active
Full Baths 5
Half Baths 1
Year Built 2014
Subdivision Ocean Isle Estates (106.0)
Style Single Family
View Ocean View,Open Water View
Property Type A
Fee Includes None
Acres 0.11
Lot Sqft 26000.00
Rental Allowed Yes
Building Style: Above Flood Unknown
Control Depth 6
Dockage: Dock Length 100
Min Rental Days 7.00
License Info: Transient Rntl Licns Yes

Interior Features

Interior Amenities Entrance Foyer,Bar,Walk-in Closet(s),Storage,Elevator,Granite Counter Top,Built-in Cabinets
Total Units 0.00
Furnished Y/N Furnished
Specialty Rooms Laundry Room
Pre-Wired Cable

Exterior Features

Exterior Amenities Chickee Hut,Lighting,Fencing
Pool Yes
Waterfront Oceanfront,Open Water
Land Size 1/2 - Less Than 1 AC
Pool Info In Ground
Porch/Balcony Open Porch/Balcony,Patio,Screened Patio
Public Sewer Hookup Yes
Side Ocean
Vehicle Storage Carport,Off Street Parking,Open Parking
Windows/Doors Impact Rstnce Window,Impact Rstnce Doors

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33037

Price
AVG $1.73M
$11M
Taxes
AVG $10,166
$34,738
Year Built
AVG 1997
2014
Visits
AVG 72
249
Data Provided by Inside Real Estate®

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