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57 Garden Cove Drive DRIVE

KEY LARGO, FL 33037

$10,999,999 $46,376/Mo

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Overview

Bed

Bath

5,113

Sqft

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.

Property Details

Property Type : Residential - Single Family

Price : $10,999,999

AD Id : 71013933

MLS Id : 617713

Beds : 6

Living Area Size : 5,113

Year Built : 2014

County : Monroe

Subdivision: The Redlands

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 6 Laundry Room

Bathroom Information

Total Baths: 6 Full Baths: 5 Half Baths: 1
Interior Features

Entrance Foyer,Bar,Walk-in Closet(s),Storage,Elevator,Granite Counter Top,Built-in Cabinets Appliances: Washer,Microwave,Dishwasher,Dryer
Heating & Cooling

Cooling: Central Air Water Front: Yes Oceanfront,Open Water Ocean View,Open Water View

Window Information

Window Treatments: Impact Rstnce Window,Impact Rstnce Doors

Building Information

Year Built: 2014 Total Units: 0.00 Floor Location: 26000 Construction: CBS,Concrete
Exterior Features

Chickee Hut,Lighting,Fencing

Pool Information

In Ground

Lot Information

Lot SqFt: 26,000 Lot SqFt Source: Seller 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
Property Information

SQ ft (Living Area): 5,113 View: Ocean View,Open Water View Subdivision: Ocean Isle Estates (106.0)

Listing Price Information

List Price: $10,999,999
Listing Information

Cash,Conventional

Tax Information

Taxes: $34,739 Tax Year: 2025 Parcel Number: 00539670-000000 Tax Exemptions: None

Multi-Unit Information

Pets Allowed: Pets Allowed
Homeowners Association Information

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee: $0.00

Utility Information

FKAA,Buyer to Verify

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
325 Calusa St #499, Key Largo, FL, 33037	$460,000	2	1	708	708 SqFt
94825 Overseas Hwy 100, Key Largo, FL, 33037	$849,900	4	3	1,762	1,762 SqFt
20 Eagle Dr, Key Largo, FL, 33037	$1,590,000	4	4	1,350	1,350 SqFt
1126 Grand St, Key Largo, FL, 33037	$1,399,000	2	1	1,000	1,000 SqFt
128 La Paloma Rd, Key Largo, FL, 33037	$2,500,000	3	2	1,100	1,100 SqFt
53 Bonefish Ave, Key Largo, FL, 33037	$859,000	3	2	1,120	1,120 SqFt
367 Buttonwood Shores Dr, Key Largo, FL, 33037	$725,000	4	2	1,520	1,520 SqFt
56 SE Marlin Ave, Key Largo, FL, 33037	$599,000	2	1	828	828 SqFt
325 Calusa Street, Key Largo, FL, 33037	$430,000	1	2	--
443 4th Rd, Key Largo, FL, 33037	$1,350,000	5	4	1,357	1,357 SqFt