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Dulce Monahan
REALTOR®, CRS, SRES
Cell: (386) 852-9420

515 Caribbean Drive, Key Largo, FL 33037

$2,494,000
  • 515 Caribbean Drive, Key Largo, FL 33037 Main Photo

46 Photos

Active
BEDS5 BATHS3 full SQUARE FEET2,748 MLS#621052
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONPort Largo (1000)

Property Description

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.Seller financing available with 20% down, 6% interest rate, 5 year balloon!

515 Caribbean Drive | MLS# 621052

This single family home located at 515 Caribbean Drive, Key Largo, FL 33037 is currently listed for sale with an asking price of $2,494,000. This property was built in 1993 and has 5 bedrooms and 3 full baths with 2748 sq. ft. Caribbean Drive is located in the Port Largo (1000) subdivision. Search Port Largo (1000) real estate on dulcemonahan.adamscameron.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Ceiling Fans(s)
Garage: 4
Heating: Central
Lot Size: 0.28 Acres
Roof Type: Metal Roof
Stories: 2.0
Taxes: $7,892
Year Built: 1993

Feature Descriptions

Appliances: Washer, Stainless Steel Appliance(s), Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
Building Above Flood: Yes
Community Features: Community Pool, Tennis Courts, Community Boat Ramp
Days on Site: 42
Dock: Concrete
Dockage: Davits, Boat Ramp, Boat Lift
Dock Length: 100
Exterior: CBS
Fee Includes: Common Area Mnt
Flood Zone: AE
Flooring: Tile
Furnished: Negotiable
HOA (1st Right of Refusal) Y/N: No
HOA (Mandatory) Y/N: No
HOA Fee: 350.00
Interior: Built-in Cabinets, Sky Light(s)
Key/Island: Key Largo
Listing Board: Florida Keys
Lot Dimensions: 0.28Acre(s)
Parcel #: 00453475013100
Parking: Garage
Parking Space(s): 4+
Pets: Pets Allowed
Porch/Balcony: Open Porch/Balcony
Security: No Security
Sewer Hookup: Yes
Shutters: Panel
Tax exemptions: Homestead
Utilities: FKAA, Municipal Sewer
Waterfront: Canal Front
Waterview: Canal View
Windows/Doors: Single Hung Windows, Impact Rstnce Doors
Zoning: IS - Improved Subivision District

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Schmitt Key Largo
Agency Phone: (305) 451-4422

Shown By

Agent Name: Dulce Monahan
Agent Phone: Cell: (386) 852-9420
Agency Title: Adams Cameron & Co. REALTORS

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Estimated Payment

$ 14,659.20 per month $13,274.12 Principal & Interest $657.67 Property Tax $727.42 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/09/2026. The listing information on this page last changed on 10/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 10/09/2026 12:45:26 AM EST) or Miami MLS (last updated Fri 10/09/2026 12:29:13 AM EST) or Stellar MLS (last updated Fri 10/09/2026 12:39:48 AM EST) or Daytona MLS (last updated Thu 10/08/2026 11:36:46 PM EST) or Tallahassee MLS (last updated Thu 10/08/2026 10:48:01 PM EST) or Northeast Florida MLS (last updated Fri 10/09/2026 12:18:55 AM EST) or My State MLS (last updated Thu 10/08/2026 11:30:08 PM EST) or Florida Keys MLS (last updated Fri 10/09/2026 12:30:45 AM EST). Real estate listings held by brokerage firms other than Adams Cameron & Co. REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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