515 Caribbean Drive, Key Largo, FL 33037
New Listing
$2,740,000
Property Type:
Residential
Bedrooms:
5
Baths:
3
Square Footage:
2,748
Lot Size (sq. ft.):
12,500
Status:
Active
Current Price:
$2,740,000
List Date:
8/21/2026
Last Modified:
8/21/2026
Listing Details MLS# 621052
Location, Tax & Legal
- Street #
- 515
- 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
- City
- KEY LARGO
- Mile Marker
- 100
- Marathon Neighborhood
- N/A
- Side
- Ocean
- Flood Zone
- AE
- Alternate Key #
- 1556408
- Parcel #
- 00453475013100
- Zoning
- IS - Improved Subivision District
- Deed Restrictions
- No
- Legal
- Lt 515 Port Largo Fifth Addition Key Largo Pb6-109 Lot 515
- Taxes
- 7892.53
- Tax Year
- 2025
- Pub Sewer HkUp
- Yes
Contract Information
- Listing Board
- Florida Keys
- As is Rght to Inspct
- Yes
- Potential Short Sale
- No
- Bank Owned
- No
- Species List
- No
General Property Description
- Realtor.COM Type
- Residential - Single Family
- Style
- Single Family
- Waterfront
- Yes
- Control Depth
- 5
- Pool
- No
- Year Built
- 1993
- Lot SqFt
- 12500
- Acres
- 0.28
- Living Apx SqFt
- 2748
- SqFt Source
- Property Data Card
- Total Bedrooms
- 5
- Full Baths
- 3
- Total Baths
- 3
- Rentals Allowed
- With Restrictions
- Min Rental Days
- 28
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
- Association Fee $
- 350
Building Style
- Above Flood
- Yes
More Information
Vehicle Storage
- Car(s)
- 4+
- Garage
- Yes
Financial Status
- Auction
- No
- Bank Owned
- No
- Potential Short Sale
- No
- Standard Sale
- Yes
Remarks & Misc
- Remarks – Consumer
- Waterfront Boater's Paradise in Premier Port Largo Welcome to 515 Caribbean Drive, an exceptional waterfront property in sought-after Port Largo, one of the Upper Keys' premier boating neighborhoods. This solid CBS home, built in 1993, offers 2,748 sq. ft. of living space, 5 bedrooms, 3 baths, serious boating infrastructure, and direct open-ocean access through deep, wide canals. The home features custom cabinetry in the kitchen and baths, a 2019 metal roof, and a 13,000-pound boat lift with functional davits. But the true showstopper is downstairs: an extraordinary 3,144-square-foot climate-controlled garage, offering rare and highly versatile space for boats, vehicles, water toys, equipment, storage, or a workshop. Set on a 12,500-square-foot lot with 100 feet of seawall, this property is designed for the ultimate Keys lifestyle. Deep, wide canals provide an exceptional launch point for boating, fishing, diving, and exploring the Florida Keys and beyond. The location is equally compelling--approximately one hour from Miami, steps from Key Largo Park and Jacobs Aquatic Center, and minutes from excellent restaurants, shopping, and everyday conveniences. For the serious boater or anyone seeking an exceptional waterfront lifestyle, 515 Caribbean Drive offers a rare combination of open-ocean access, substantial climate-controlled garage space, 100 feet of seawall, and outstanding boating infrastructure in one of the Upper Keys' most desirable neighborhoods.
Fee Includes
- Common Area Mnt
- Yes
Dockage
- Boat Lift
- Yes
- Boat Ramp
- Yes
- Davits
- Yes
Tax Exemptions
- Homestead
- Yes
Appliances
- Dishwasher
- Yes
- Disposal
- Yes
- Dryer
- Yes
- Freezer
- Yes
- Microwave
- Yes
- Oven
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Stainless Steel Appliance(s)
- Yes
- Washer
- Yes
Pets
- Pets Allowed
- Yes
Cooling
- Central Air
- Yes
Heating
- Central
- Yes
Waterfront
- Canal Front
- Yes
Waterview
- Canal View
- Yes
Floor
- Tile
- Yes
Neighborhood Feature
- Community Boat Ramp
- Yes
- Community Pool
- Yes
- Tennis Courts
- Yes
Interior Features
- Built-in Cabinets
- Yes
- Sky Light(s)
- Yes
Windows/Doors
- Impact Rstnce Doors
- Yes
- Single Hung Windows
- Yes
Security
- No Security
- Yes
Construction
- CBS
- Yes
Land Size
- 1/4 - 1/2 Acre
- Yes
Furnished
- Negotiable
- Yes
Utilities
- FKAA
- Yes
- Municipal Sewer
- Yes
Porch/Balcony
- Open Porch/Balcony
- Yes
Roof
- Metal Roof
- Yes
Shutters
- Panel
- Yes
Property Features
Fee Includes:
Common Area Mnt
Tax Exemptions:
Homestead
Waterfront:
Canal Front
Waterview:
Canal View
Dockage:
Boat Lift; Boat Ramp; Davits
Vehicle Storage:
Garage
Furnished:
Negotiable
Cooling:
Central Air
Heating:
Central
Utilities:
FKAA; Municipal Sewer
Interior Features:
Built-in Cabinets; Sky Light(s)
Appliances:
Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Construction:
CBS
Shutters:
Panel
Floor:
Tile
Roof:
Metal Roof
Pets:
Pets Allowed
Neighborhood Feature:
Community Boat Ramp; Community Pool; Tennis Courts
Security:
No Security
Land Size:
1/4 - 1/2 Acre
Listing Office:
Coldwell Banker Schmitt Key Largo
Last Updated: August - 21 - 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.