57 Garden Cove Drive, Key Largo, FL 33037

$10,999,999
Property Type: Residential Bedrooms: 6 Baths: 6 Square Footage: 5,113 Status: Active
Current Price: $10,999,999 List Date: 12/15/2025 Last Modified: 8/26/2026

Overview

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.

Listing Details MLS# A11930774

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
6
Bathrooms Total
6
Bathrooms Full
5
Bathrooms Half
Yes
Living Area Main
5113
Year Built
2013
Carport YN
Yes
Carport Spaces
Yes
Covered Spaces
Yes
Senior Community YN
Yes
Waterfront YN
Yes
Water Frontage Feet
350
Outdoor Living Spaces YN
Yes
Stories Total
2
Direction Faces
Southwest
Pool Private YN
Yes

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

Contract Information

Comp Sale YN
No
Original List Price
12500000
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

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

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

More Information

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

Originating Details

Originating System Key
424326913
Originating System ID
M00000151

Room Information

Room Name
Family Room
IDX
Listing Office: Serhant
Last Updated: August - 26 - 2026
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