57 Garden Cove Dr, Key Largo, FL 33037

$10,999,999
6
BD
6
BA
5,113
SqFt

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List Price
$10,999,999
Price Change
▼ $1,500,001 1780075977
MLS#
617713
Status
ACTIVE
Island
Key Largo
County
Monroe
City
Key Largo
Area
Key Largo MM 97-107
Subdivision
Ocean Isle Estates (106.0)
Neighborhood
27 - Key Largo MM 97-107
Bedrooms
6
Bathrooms
6
Half Baths
1
Living Area
5,113
Acres
0.11
Year Built
2014
Days on Market
223

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.

Additional Information

Taxes
$34,738
Interior Features
Custom Cabinets, Granite Counters, Elevator, Storage, Walk-In Closet(s), Bar
Furnished
Furnished
Appliances
Washer, Dryer, Dishwasher, Microwave
Exterior Features
Chicken Coop, Fence, Lighting
Pool
Yes
Waterfront
Yes
Control Depth
6
Zoning
MIX - County Mixed Zoning
Terms
Cash, Conventional

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Listing Courtesy Of Serhant Florida LLC - Coconut Grove, Contact: 646-480-7665