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.
| MLS # | 617713 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2014 |
| Days On Site | 252 |
| Listing Provided By | Serhant Florida LLC - Coconut Grove | Courtney Conley |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 5,113 |
| Pool | Yes |
| Zoning | MIX - County Mixed Zoning |
| Acreage | 0.11 |
| Water Front | Yes |
| Property View | Open Water View, Ocean |
| Property | 34738 |
|---|
| State | FL |
|---|---|
| County | Monroe |
| City | KEY LARGO |
| Zip Code | 33037 |
| Area | 27 Key Largo MM 97 107 |
| Community Name | Ocean Isle Estates (106.0) |
| Listing VS Median (in Ocean Isle Estates (106.0)) | |
Price: $10,999,999 low | high Med: $847,000 sqft: 5,113 low | high Med: 1,899 $ / sqft: $2,151 low | high Med: $530 On site: 252 low | high Med: 204 | |
| State | FL |
|---|---|
| County | Monroe |
| City | KEY LARGO |
| Zip Code | 33037 |
| Area | 27 Key Largo MM 97 107 |
| Community Name | Ocean Isle Estates (106.0) |
| Listing VS Median (in Ocean Isle Estates (106.0)) | |
Price: $10,999,999 low | high Med: $847,000 sqft: 5,113 low | high Med: 1,899 $ / sqft: $2,151 low | high Med: $530 On site: 252 low | high Med: 204 | |
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