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127 Seaside Avenue, Key Largo, FL 33037

$2,345,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,716 Lot Size (sq. ft.): 12,348 Status: Active
Current Price: $2,345,000 List Date: 11/20/2025 Last Modified: 4/13/2026

Overview

Description

Ocean views, deepwater dockage, and the rare ability to legally operate nightly rentals - it doesn't get any better! The seller has approval for a 20,000lb boat lift and improvement of the dock. There is also approval for an observation deck into the open ocean. This exceptional oceanfront estate offers a standout turnkey investment opportunity, combining the perfect trifecta for your portfolio: panoramic ocean views, deepwater dockage, and approved nightly rental capability. An ideal family compound and a rare chance to own a fully versatile, income-producing Keys property. Enjoy oceanfront living with two beautifully updated units, each featuring 2 bedrooms and 1 bathroom, separate entrances, and its own oceanfront porch. The property showcases panoramic blue-water views that are simply breathtaking, a rare find for both investors and those seeking a spectacular coastal retreat. Boating enthusiasts will appreciate the 100 feet of concrete dockage with immediate ocean access, a ...

Listing Details MLS# 617384

Location, Tax & Legal

Street #
127
Street Name
Seaside
Street Suffix
Avenue
Key/Island
Key Largo
State/Province
FL
Zip Code
33037
County
Monroe
Subdivision
Seaside Sub (94.5)
Area
26 - Key Largo S of MM 96.9
City
KEY LARGO
Off Shore Island
No
Mile Marker
94.5
Marathon Neighborhood
N/A
Side
Ocean
Flood Zone
VE,AE,VE,VE,AE,AE
Alternate Key #
1608441
Parcel #
00492230-000000
Zoning
SC - Sub Urban Commercial District
Deed Restrictions
Unknown
Legal
RE-SUB SEASIDE PB2-10 KEY LARGO PT SQR 4 KNOWN AS LOT 6 SQR 4 AND 14 62 38 ISLAND OF KEY LARGO BAY BTM ADJ LTS 63 AND 64
Taxes
14667.8
Tax Year
2024
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Florida Keys
As is Rght to Inspct
Yes

General Property Description

Realtor.COM Type
Multi-family
Style
Single Family
Waterfront
Yes
Control Depth
6
Pool
No
Year Built
1962
Total Units
2
Lot SqFt
12348
Lot Sqft Source
Property Data Card
Acres
0.2
Living Apx SqFt
1716
SqFt Source
Property Data Card
Total Bedrooms
4
Full Baths
2
Total Baths
2
Rentals Allowed
Yes
Min Rental Days
Yes

Association Info

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

License Info

# of County License
2
Transient Rntl Licns
Yes

More Information

Dockage

Dock Length
100
Dock
Concrete

Building Style

Above Flood
No

Remarks & Misc

Remarks – Consumer
Ocean views, deepwater dockage, and the rare ability to legally operate nightly rentals - it doesn't get any better! The seller has approval for a 20,000lb boat lift and improvement of the dock. There is also approval for an observation deck into the open ocean. This exceptional oceanfront estate offers a standout turnkey investment opportunity, combining the perfect trifecta for your portfolio: panoramic ocean views, deepwater dockage, and approved nightly rental capability. An ideal family compound and a rare chance to own a fully versatile, income-producing Keys property. Enjoy oceanfront living with two beautifully updated units, each featuring 2 bedrooms and 1 bathroom, separate entrances, and its own oceanfront porch. The property showcases panoramic blue-water views that are simply breathtaking, a rare find for both investors and those seeking a spectacular coastal retreat. Boating enthusiasts will appreciate the 100 feet of concrete dockage with immediate ocean access, along with the unique benefit of ownership of the ocean bottom, offering added value, flexibility, and long-term security. Zoning permits rentals with a minimum stay of just one night, giving you maximum income potential or the option to enjoy it as a private getaway. Whether you're looking to expand your investment portfolio or create your future oceanfront dream home, this home offers unmatched versatility and incredible potential in a beautiful setting. Plenty of parking and room for a pool, expansion or redevelopment! Call today for more details.

Fee Includes

None
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Oven
Yes
Refrigerator
Yes
Washer
Yes

Pets

Pets Allowed
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Waterfront

Oceanfront
Yes
Open Water
Yes

Waterview

Ocean View
Yes
Open Water View
Yes

Windows/Doors

Impact Rstnce Window
Yes
Other Windows/Doors
Yes

Vehicle Storage

Open Parking
Yes
RV Parking Open
Yes
Trailer Storage
Yes

Construction

CBS
Yes

Land Size

1/4 - 1/2 Acre
Yes

Furnished

Furnished
Yes

Terms

Cash
Yes
Conventional
Yes

Utilities

Cable Available
Yes
FKAA
Yes
Municipal Sewer
Yes

Porch/Balcony

Open Porch/Balcony
Yes

Roof

Concrete Roof
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Vehicle Storage: Open Parking; RV Parking Open; Trailer Storage Furnished: Furnished Cooling: Central Air Heating: Central Utilities: Cable Available; FKAA; Municipal Sewer Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer Construction: CBS Roof: Concrete Roof Pets: Pets Allowed Land Size: 1/4 - 1/2 Acre Terms: Cash; Conventional
Listing Office: American Caribbean Real Estate, Christie's International Real Estate
Last Updated: April - 13 - 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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