Price Reduction - Waterfront
Address
515 Caribbean Drive, Key Largo, FL
Price
$ 2,499,000
Property Attributes
- MLS#621052
- TypeSingle Family
- Listing Status Active
- CountyMONROE
- CityKey Largo
- AreaKey Largo MM 97-107
- NeighborhoodPort Largo
- Zip33037
- StyleSingle Family
- Year Built1993
- Taxes$ 7892
- Price$ 2,499,000
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2748
- Lot Size0.28 Acres
Data Source:
Florida Keys MLS (FLKMLS)
Property Description
Waterfront Boater's Paradise in Premier Port Largo Welcome to 515 Caribbean Drive, an exceptional waterfront property in sought-after Port Largo, one of the Upper Keys' premier boating neighborhoods. This solid CBS home, built in 1993, offers 2,748 sq. ft. of living space, 5 bedrooms, 3 baths, serious boating infrastructure, and direct open-ocean access through deep, wide canals. The home features custom cabinetry in the kitchen and baths, a 2019 metal roof, and a 13,000-pound boat lift with functional davits. But the true showstopper is downstairs: an extraordinary 3,144-square-foot climate-controlled garage, offering rare and highly versatile space for boats, vehicles, water toys, equipment, storage, or a workshop. Set on a 12,500-square-foot lot with 100 feet of seawall, this property is designed for the ultimate Keys lifestyle. Deep, wide canals provide an exceptional launch point for boating, fishing, diving, and exploring the Florida Keys and beyond. The location is equally compelling--approximately one hour from Miami, steps from Key Largo Park and Jacobs Aquatic Center, and minutes from excellent restaurants, shopping, and everyday conveniences. For the serious boater or anyone seeking an exceptional waterfront lifestyle, 515 Caribbean Drive offers a rare combination of open-ocean access, substantial climate-controlled garage space, 100 feet of seawall, and outstanding boating infrastructure in one of the Upper Keys' most desirable neighborhoods.
| Price History | |
|---|---|
| 8/21/2026 | Listed $2,740,000 |
| 9/3/2026 | 9$2,499,000 |
General Features
| Living Area | 2748.00 |
|---|---|
| Construction | CBS |
| Utilities | FKAA,Municipal Sewer |
| Roof | Metal Roof |
| Appliances | Washer,Stainless Steel Appliance(s),Freezer,Disposal,Microwave,Oven,Range,Refrigerator,Dishwasher,Dryer |
| Flood Zone | AE |
| Zoning | IS - Improved Subivision District |
| HOA Fee | 350.00 |
| Pets Allowed Y/N | Pets Allowed |
| Status | Active |
| Full Baths | 3 |
| Year Built | 1993 |
| Subdivision | Port Largo (100.0) |
| Style | Single Family |
| View | Canal View |
| Property Type | A |
| Neighborhood Feature | Community Pool,Tennis Courts,Community Boat Ramp |
| Fee Includes | Common Area Mnt |
| Acres | 0.28 |
| Lot Sqft | 12500.00 |
| Bank Owned | No |
| Rental Allowed | With Restrictions |
| Building Style: Above Flood | Yes |
| Control Depth | 5 |
| Dockage | Davits,Boat Ramp,Boat Lift |
| Virtual Tour | https://my.matterport.com/show/?m=QX9UtH22ctY |
| Min Rental Days | 28.00 |
Interior Features
| Interior Amenities | Built-in Cabinets,Sky Light(s) |
|---|---|
| Furnished Y/N | Negotiable |
| Flooring | Tile |
Exterior Features
| Pool | No |
|---|---|
| Waterfront | Canal Front |
| Lot Size | 100 X 125 |
| Land Size | 1/4 - 1/2 Acre |
| Porch/Balcony | Open Porch/Balcony |
| Public Sewer Hookup | Yes |
| Shutters | Panel |
| Side | Ocean |
| Species List | No |
| Vehicle Storage | Garage |
| Vehicle Storage: Car(s) | 4+ |
| Windows/Doors | Single Hung Windows,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
Taxes
Year Built
Visits
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Data Last Updated: September 15, 2026 4:07 PM UTC
Information is deemed to be reliable, but is not guaranteed. © 2026 MLS and FBS. Prepared by Florida Keys MLS, Inc. on September 15, 2026 4:05 PM UTC The information on this sheet has been made available by the MLS and may not be the listing of the provider. 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
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
