505 Caribbean Drive, Key Largo, FL 33037

$3,400,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 4,204 Lot Size (sq. ft.): 12,196 Status: Closed
Current Price: $3,400,000 List Date: 8/24/2025 Last Modified: 12/19/2025

Description

'Every day feels like vacation at this Key Largo waterfront haven—where sunsets glow over the canal and the Keys lifestyle begins at your own dock.' A Waterfront Masterpiece — 166 feet of pristine canal frontage, resort-style pool, and a massive owner's suite define this one-of-a-kind residence. Beautiful and spacious 3-story waterfront residence offering an impressive 166 feet of canal frontage with direct access to the ocean. Designed for comfort and entertaining, this home blends elegant interiors with resort-style outdoor living. Inside, the main living area boasts soaring ceilings, natural light, and balconies that frame tranquil water views from every room. The open kitchen features custom wood cabinetry, stainless steel appliances, granite countertops, and an expansive breakfast bar that flows into the great room and dining space. Elegant marble, stone flooring and quality finishes throughout. The massive owner's suite is a true retreat, complete with a spa-inspired bath, private balcony, and plenty of room to unwind. Three additional bedrooms and two bathrooms ensure comfort and privacy for family and friends. Outdoors, enjoy resort-style amenities including a sparkling pool with spa, expansive sun decks, and a covered entertaining patio perfect for lounging, dining, and enjoying Keys breezes. The property is surrounded by lush tropical landscaping, providing privacy and a true island feel. Boaters will appreciate the concrete dockage along the wide canal, offering unmatched convenience and room for multiple vessels. Private gated entry with covered parking and storage. Outdoor living with pool, spa, and multiple lounging areas Just one hour from Miami, this home is the perfect blend of luxury, privacy, and world-class boating access. The perfect holiday getaway home or full time residence. Seller Financing Possible.

More Information MLS# 616251

Contract Information

Current Price: $3,400,000 Listing Date: 2025-08-24 Listing Board: Florida Keys Sold Price: $3,400,000 As is Rght to Inspct: Yes

Location Tax Legal

Street #: 505 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 Style: Single Family Waterfront: Yes Control Depth: 6 Pool: Yes Year Built: 2001 Lot SqFt: 12196 Lot Sqft Source: Property Data Card Acres: 0.28 Living Apx SqFt: 4204 SqFt Source: Tax Records Total Bedrooms: 4 Full Baths: 3 Total Baths: 3 Rentals Allowed: Yes Min Rental Days: 28

Status Change Info

Sold Date: 2025-12-19 Sold Price: $3,400,000 Status: Closed

Association Info

Mandatory Home Owners Asc: No Voluntary Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 375

Dockage

Dock Length: 115 Dock: Concrete

Building Style

Above Flood: Yes Stories: 3 Stories

Vehicle Storage

Car(s): 4+

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View; Harbor/Marina View Dockage: Davits Property Condition: Updated/Remodeled Vehicle Storage: Carport; Covered Parking; Trailer Storage Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: FKAA; Municipal Sewer Interior Features: Cathedral Ceilings; Drapes/Blinds Incl; Entrance Foyer; Granite Counter Top; Lobby; Pantry; Quartz Countertops; Split Bedroom; Storage; Walk-in Closet(s) Specialty Rooms: Workshop Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Built-in Grill; Chickee Hut; Fencing; Gazebo; Lanai; Lighting; Outdoor Shower; Privacy Wall/Fence; Rain Gutters; Sprinkler System; Storage Pool Info: In Ground; Concrete; Decked Construction: CBS; Concrete; Stucco Floor: Tile Roof: Concrete Roof; Metal Roof Pets: Pets Allowed Neighborhood Feature: Community Boat Ramp Security: Electric Gate Land Size: 1/4 - 1/2 Acre Terms: Cash; Conventional; Seller Finance Psble Title: Title Ins - Buyer
Listing Office: American Caribbean Real Estate, Christie's International Real Estate
Last Updated: December - 19 - 2025
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