Home in 57 Garden Cove Drive, Key Largo, FL 33037 for sale with MLS# A11930774

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.

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57 Garden Cove Drive, Key Largo, FL 33037

Price
Price:
$10,999,999.00
Original List Price:
$12,500,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Price Reduced
Last Major Update on:
May 29, 2026 1:25 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
6
Bathrooms Total:
6
Full Bath:
5
Half Bath:
1
Room Type:
Family Room
Master Bedroom Bath:
Master Bdrm - Sitting, Separate Shower, Dual Sinks, Separate Tub
Measures
Living Area:
5,113 Sqft
Property Features
View from the Property:
Ocean, Water
Waterfront:
Yes
Waterfront Features:
Ocean Front
Frontage Length:
350
Private Pool
Swimming Pool Features:
Heated, In Ground
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Other, Gas Range
Interior:
Walk-In Closet(s), Closet Cabinetry, Entrance Foyer, Built-in Features, Other, Wet Bar, Bedroom Layout - Split
Exterior:
Balcony
Patio and Porch:
Deck, Porch, Porch - Open
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Boat and Dock Features:
Private Dock
Boat Dock Accommodates:
Up To 100 Ft Boat
Property Entrance Faces:
Southwest
Other Equipment:
Other
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Partial
Construction
Year Built:
2013
Roof:
Metal
Levels:
Two
Construction Materials:
Block, CBS
Flooring:
Tile, Other, Marble
Number of stories:
2
Taxes and Expenses
Tax Annual Amount:
$33,349.00
Tax Year:
2025
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Carport Spaces:
1
Covered Spaces:
1
Parking Features:
Driveway, Paver Block
Carport
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Subdivision Name:
OCEAN ISLE ESTATE
Senior Community:
Yes
Restrictions:
Other Restrictions
Community Dock
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
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
Real Estate Folio Number (Parcel Number):
00539670000000
Zoning:
MIX
Public Schools Assigned
Elementary School:
Phillis Wheatley
High School:
Coral Shores
Middle Or Junior School:
Key Largo
Listing History
Active on the market since:
December 15, 2025
Listing Agreement executed on:
December 15, 2025
Price change occurred on:
May 29, 2026 1:25 pm
Listing Status Last Changed On:
December 15, 2025 5:55 pm
Photos updated on:
May 29, 2026 12:25 pm
Last Modified:
May 31, 2026 7:02 am
Additional Information
Courtesy of:
Serhant
Attribution:
Not provided
Location
Street Name:
Garden Cove
Street Number:
57
City:
Key Largo
State:
Florida
Zip Code:
33037
County:
Monroe
Latitude:
N25° 10' 14.4''
Longitude:
W81° 37' 56.9''
Street Suffix:
Drive
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $80,911
Median Home Value $660,700
Median Rent $1,896/mo
Median Age 54
Population 13,674
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.