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  • 501 Caribbean Drive, Key Largo, FL 33037 (MLS# 616173)

501 Caribbean Drive, Key Largo, FL 33037

$3,500,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,700 Lot Size (sq. ft.): 9,375 Status: Active
Current Price: $3,500,000 List Date: 8/18/2025 Last Modified: 1/24/2026

Description

Port Largo Waterfront Paradise Located in one of Key Largo's most desirable neighborhoods, this canal front 4-bedroom, 3.5-bath pool home is truly a boater's dream. Whether you're bringing the whole family or your fishing crew, there's room here for everyone—and all the gear that goes along with all the water sports! Inside, the home welcomes you with light-filled living spaces, stunning marble floors, recessed ceilings with crown molding, and an open floor plan that flows seamlessly to the outdoors. The kitchen is designed for both style and function, with crisp white coastal cabinetry, granite countertops, stainless appliances, and a spacious breakfast bar. A large utility room with washer/dryer makes Keys living easy. The bedrooms are generously sized with ample storage, including king beds, queen beds, and twin bed setups to accommodate all guests comfortably. Step outside and discover a private backyard retreat: a heated/chilled pool recently refinished ($25,000 upgrade), surrounded by lush, low-maintenance tropical landscaping (recent $27,000 investment). After a day on the water, unwind poolside, host a barbecue, or watch the kids play—there's plenty of space for everyone. For boaters, this property checks every box: 75 feet of dockage with a 25,000 lb. lift (currently holding a 39' Seavee), 50-amp shore power, and a custom built fish-cleaning station. Finally secure all the toys and equipment in a very spacious lower-level storage area with canal-side garage door. It's perfect for all your rods, dive tanks, and water toys.

More Information MLS# 616173

Contract Information

Listing Board: Florida Keys Current Price: $3,500,000 Listing Date: 2025-08-15 List Price: $3,500,000

Location, Tax & Legal

City: KEY LARGO Mile Marker: 100 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE Alternate Key #: 1556262 Parcel #: 00453475-011700 Zoning: IS - Improved Subivision District Deed Restrictions: Unknown Legal: LT 501 PORT LARGO FIFTH ADDITION KEY LARGO PB6-109 OR796-2450 OR802-1569 OR802-1610 OR2505-1111/12 Taxes: 13472.13 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 501 Street Name: Caribbean Street Suffix: Drive Key/Island: Key Largo State/Province: FL Zip Code: 33037 County: Monroe Subdivision: Port Largo (100.0) Area: 27 - Key Largo MM 97-107

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 5 Lot SqFt: 9375 Pool: Yes Lot Sqft Source: Tax Records Total Units: 1 Acres: 0.22 SqFt Source: Tax Records Rentals Allowed: With Restrictions Min Rental Days: 28 Style: Single Family Year Built: 2006 Living Apx SqFt: 2700 Total Bedrooms: 4 Full Baths: 3 Half Baths: 1 Total Baths: 4

Remarks & Misc

Remarks – Consumer: Port Largo Waterfront Paradise Located in one of Key Largo's most desirable neighborhoods, this canal front 4-bedroom, 3.5-bath pool home is truly a boater's dream. Whether you're bringing the whole family or your fishing crew, there's room here for everyone—and all the gear that goes along with all the water sports! Inside, the home welcomes you with light-filled living spaces, stunning marble floors, recessed ceilings with crown molding, and an open floor plan that flows seamlessly to the outdoors. The kitchen is designed for both style and function, with crisp white coastal cabinetry, granite countertops, stainless appliances, and a spacious breakfast bar. A large utility room with washer/dryer makes Keys living easy. The bedrooms are generously sized with ample storage, including king beds, queen beds, and twin bed setups to accommodate all guests comfortably. Step outside and discover a private backyard retreat: a heated/chilled pool recently refinished ($25,000 upgrade), surrounded by lush, low-maintenance tropical landscaping (recent $27,000 investment). After a day on the water, unwind poolside, host a barbecue, or watch the kids play—there's plenty of space for everyone. For boaters, this property checks every box: 75 feet of dockage with a 25,000 lb. lift (currently holding a 39' Seavee), 50-amp shore power, and a custom built fish-cleaning station. Finally secure all the toys and equipment in a very spacious lower-level storage area with canal-side garage door. It's perfect for all your rods, dive tanks, and water toys. Directions: US1 to Laguna or Atlantic . Left on Caribbean Drive follow past Sharkeys. House down on right.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 300 Assoc/Mnt Fee Per: Yearly

Fee Includes

Other: 1

Dockage

Dock Length: 75 Dock: Concrete Boat Lift: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Freezer: 1 Ice Machine: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Heating

Central: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1

Floor

Carpet: 1 Marble: 1

Interior Features

Built-in Cabinets: 1 Drapes/Blinds Incl: 1 Granite Counter Top: 1 Smoke Alarms: 1 Storage: 1 Tray Ceilings: 1 Walk-in Closet(s): 1 Window Treatments: 1

Property Condition

Updated/Remodeled: 1

Specialty Rooms

Laundry Room: 1 Utility Room: 1 Other: 1

Building Style

Above Flood: Unknown

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Car(s): 4+ Carport: 1 Covered Parking: 1 RV Parking Open: 1 Off Street Parking: 1 Trailer Storage: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1 Negotiable: 1

Terms

Cash: 1 Conventional: 1 VA: 1

Utilities

Buyer to Verify: 1 FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1 Patio: 1

Title

Title Ins - Buyer: 1

Exterior Features

Fencing: 1 Fruit Tree(s): 1 Sprinkler System: 1 Storage: 1

Pool Info

In Ground: 1 Other: Chilled Heated: Yes Concrete: 1

Pre-Wired

Cable: 1

Roof

Metal Roof: 1

Status Change Info

Status: Active

Property Features

Fee Includes: Other Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Dockage: Boat Lift Property Condition: Updated/Remodeled Vehicle Storage: Carport; Covered Parking; Off Street Parking; RV Parking Open; Trailer Storage Furnished: Furnished; Negotiable Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Buyer to Verify; FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Granite Counter Top; Smoke Alarms; Storage; Tray Ceilings; Walk-in Closet(s); Window Treatments Pre-Wired: Cable Specialty Rooms: Laundry Room; Utility Room; Other Appliances: Dishwasher; Disposal; Dryer; Freezer; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Fencing; Fruit Tree(s); Sprinkler System; Storage Pool Info: In Ground; Concrete Construction: CBS Floor: Carpet; Marble Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; VA Title: Title Ins - Buyer
Listing Office: Realty ONE Group Destination (ISL)
Last Updated: January - 24 - 2026
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 being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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