$10,999,999
Key Largo, FL 33037
MLS# A11930774
6 beds | 6 baths
1 / 29
Property Description
57 Garden Cove Drive is a rare Key Largo waterfront compound set on nearly 26,000 SF, offered together with an adjacent vacant residential lot for added flexibility and future potential.The property features 6 bedrooms, 6 bathrooms, a private elevator, and bright, open living spaces that flow seamlessly into the tropical surroundings. Boaters will appreciate 100 feet of dockage with direct access to open water.Approved for 7-day short-term rentals, the home is a successful vacation rental and wedding venue with strong income history. Combined with the additional parcel, it offers exceptional opportunities for expansion, added amenities, or the creation of a private resort-style estate.A turnkey waterfront investment with income, lifestyle, and development potential in one of the Florida Keys’ most desirable locations.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2025-12-15
Status: Active
Original List Price: 12500000
List Price: $10,999,999
Current Price: $10,999,999
Occupant Type: Vacant
Location and Legal
Country: United States
County Or Parish: Monroe
County Parish Name: Monroe
Street Number: 57
Street Name: Garden Cove
Street Suffix: Drive
City Name: Key Largo
State Or Province: FL
Postal Code: 33037
Postal Zip: 33037
Subdivision Name: OCEAN ISLE ESTATE
Area: 5940 - Other Florida County
Geographic Area: Other
Elementary School: Key Largo
Middle Or Junior School: Key Largo
High School: Coral Shores
Parcel Number: 00539670000000
Zoning: MIX
General Property Information
Property Sub Type: Single Family Residence
Bedrooms Total: 6
Bathrooms Total: 6
Bathrooms Full: 5
Bathrooms Half: 1
Living Area Main: 5113
Year Built: 2013
Carport YN: 1
Carport Spaces: 1
Covered Spaces: 1
Senior Community YN: Yes
Waterfront YN: 1
Water Frontage Feet: 350
Outdoor Living Spaces YN: Yes
Stories Total: 2
Direction Faces: Southwest
Pool Private YN: Yes
Financial Information
Membership Fee Required YN: No
Tax Annual Amount: 33349
Tax Year: 2025
Tax Legal Description: BK 7 LT 1 OCEAN ISLE EST PB5-14 KEY LARGO OR330-327-328 OR1092-2054/55RS OR1118-1487 OR1122-911 OR1226-301 OR1354-1378C OR1580-623 OR1611-20
Boat and Dock Information
Dock: Yes
Boat Dock Accommodates: Up to 100 Ft Boat
Pool Size Details
Pool Size (WxL): -
Storm Protection
Impact Glass: Partial
Price Calculations
Current Price To SqFt: 2151.37
Section Details
Parcel Number MLX: 1923
Status Change Information
Major Change Timestamp: 2026-05-29T13:25:22Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-05-29T13:25:22Z
Status Change Date: 2025-12-15
Originating Details
Originating System Key: 424326913
Originating System ID: M00000151
Property Features
Flooring: Marble; Tile; Other
Parking Features: Driveway; Paver Block
Appliances: Dishwasher; Disposal; Dryer; Gas Range; Microwave; Refrigerator; Washer; Other
Boat and Dock Features: Private Dock
Construction Materials: Block; CBS
Cooling: Central Air
Heating: Central
Interior Features: Bedroom Layout - Split; Built-in Features; Closet Cabinetry; Entrance Foyer; Walk-In Closet(s); Wet Bar; Other
Levels: Two
Listing Terms: Cash; Conventional
Other Equipment: Other
Pool Features: Heated; In Ground
Possession: Negotiable
Restrictions: Other Restrictions
Roof: Metal
Sewer: Public Sewer
Special Information: Sold As-Is
Tax Information: Tax Reflects No Exemptions
View: Water
Water Source: Public
Water View: Ocean
Waterfront Features: Ocean Front
Showing Requirements: Appointment Only; Call Listing Agent
Outdoor Living Spaces: Balcony; Deck; Porch
Balcony Details: Balcony - Open
Porch Details: Porch - Open
Room Types: Family Room
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Room Information
| Room Name |
| Family Room |
Listing Office: Serhant
Last Updated: August - 26 - 2026
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