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  • 57 Garden Cove Drive, Key Largo, FL 33037 (MLS# 617713)

57 Garden Cove Drive, Key Largo, FL 33037

$10,999,999
Property Type: Residential Bedrooms: 6 Baths: 6 Square Footage: 5,113 Lot Size (sq. ft.): 26,000 Status: Active
Current Price: $10,999,999 List Date: 12/16/2025 Last Modified: 5/29/2026

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.

More Information MLS# 617713

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Current Price: $10,999,999 Listing Date: 2025-12-15 List Price: $10,999,999

Location, Tax & Legal

City: KEY LARGO Mile Marker: 106 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,AE Alternate Key #: 1663182 Parcel #: 00539670-000000 Zoning: MIX - County Mixed Zoning Deed Restrictions: Unknown Legal: 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 Taxes: 34738.97 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 57 Street Name: Garden Cove Street Suffix: Drive Key/Island: Key Largo State/Province: FL Zip Code: 33037 County: Monroe Subdivision: Ocean Isle Estates (106.0) Area: 27 - Key Largo MM 97-107

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 6 Lot SqFt: 26000 Pool: Yes Lot Sqft Source: Seller Total Units: 0 Acres: 0.11 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 7 Style: Single Family Year Built: 2014 Living Apx SqFt: 5113 Total Bedrooms: 6 Full Baths: 5 Half Baths: 1 Total Baths: 6

Remarks & Misc

Remarks – Consumer: 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.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

License Info

Transient Rntl Licns: Yes

Fee Includes

None: 1

Dockage

Dock Length: 100

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Central Air: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Ocean View: 1 Open Water View: 1

Interior Features

Bar: 1 Built-in Cabinets: 1 Elevator: 1 Entrance Foyer: 1 Granite Counter Top: 1 Storage: 1 Walk-in Closet(s): 1

Specialty Rooms

Laundry Room: 1

Building Style

Above Flood: Unknown

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Carport: 1 Open Parking: 1 Off Street Parking: 1

Construction

CBS: 1 Concrete: 1

Land Size

1/2 - Less Than 1 AC: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

Buyer to Verify: 1 FKAA: 1

Porch/Balcony

Open Porch/Balcony: 1 Patio: 1 Screened Patio: 1

Title

Title Ins - Buyer: 1

Exterior Features

Chickee Hut: 1 Fencing: 1 Lighting: 1

Pool Info

In Ground: 1

Pre-Wired

Cable: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Vehicle Storage: Carport; Off Street Parking; Open Parking Furnished: Furnished Cooling: Central Air Utilities: Buyer to Verify; FKAA Interior Features: Bar; Built-in Cabinets; Elevator; Entrance Foyer; Granite Counter Top; Storage; Walk-in Closet(s) Pre-Wired: Cable Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Microwave; Washer Exterior Features: Chickee Hut; Fencing; Lighting Pool Info: In Ground Construction: CBS; Concrete Pets: Pets Allowed Land Size: 1/2 - Less Than 1 AC Terms: Cash; Conventional Title: Title Ins - Buyer
Listing Office: Serhant Florida LLC - Coconut Grove
Last Updated: May - 29 - 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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