522 Caribbean Drive, Key Largo, FL 33037

$5,200,000
Property Type: Land & Docks Lot Size (sq. ft.): 62,500 Status: Active
Current Price: $5,200,000 List Date: 9/21/2026 Last Modified: 9/21/2026

Overview

Description

This Large property is on the Oceanside of Downtown Key Largo with 500 ft of concrete Deep Water Dockage that has direct ocean access. 5 combined lots of 100 x 125 ft each, where most lots in Port Largo are only 75 ft. X 125. 3 residential lots and 2 suburban commercial lots. There is a 5,508 sq. ft. concrete building with concrete roof that is commercially zoned. Sale includes the commercial building, and over 62,000 sq. ft. of land that has gas and diesel tanks with a fuel pump on the property and a sewage pump out to service boats. Currently 3 tenants are in place with active leases. This is a rare opportunity of an Iconic Key Largo Property. Please DO NOT walk the property or bother the tenants.

Listing Details MLS# A12092939

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
1.43
Lot Size Square Feet
62500
Lot Size Dimensions
500x125
Lot Depth
125
Waterfront YN
Yes
Lot Frontage
500
LP/SqFt
83.2

Property Features

Comprehensive Plan Use: Professional; Suburban; Other Current Use: Unimproved; Other Environmental Audit: None Income Includes: Recreation Location of Property: County Location; Other Possession: Close Of Escrow Possible Use: Commercial Sewer: Public Sewer Special Information: County Jurisdiction Utilities: Cable Available; Electricity Available; Sewer Available; Water Available; Trash Removal Source Of Expenses: Owner Provided Boat and Dock Features: Private Dock Road Frontage Type: County Road Road Responsibility: Public Maintained Road Water Access: Ocean Access Water Source: Public Water View: Canal Waterfront Features: Canal Front; No Fixed Bridges Showing Requirements: Call Listing Agent Acreage Description: 1 To Less Than 2 Acre Lot; 2 To Less Than 3 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
5200000
LP/Acre
3636363.64
LP/Frontage
10400

Location and Legal

Country
United States
County Or Parish
Monroe
County Parish Name
Monroe
Street Number
522
Street Name
Caribbean
Street Suffix
Drive
City Name
Key Largo
State Or Province
FL
Postal Code
33037
Postal Code +4
4342
Postal Zip
33037
Subdivision Name
PORT LARGO 5TH ADD
Area
5940 - Other Florida County
Geographic Area
Other
Elementary School
Key Largo
Middle Or Junior School
Key Largo
High School
Coral Shores
Parcel Number
00453475013800
Zoning
UC
Flood Zone
AE
Directions
From US1 turn onto Lagoona Ave, turn left onto Caribbean Dr, the property is on the left.

Financial Information

Tax Year
2025
Tax Annual Amount
33536
Tax Legal Description
LOTS 518 THRU 522 PORT LARGO FIFTH ADDITION KEY LARGO PB6-109 OR796-2450 OR805-236 OR805-238 OR805-240 OR805-242 OR809-898/99 OR816-1592 OR8

Status Change Information

Major Change Timestamp
2026-09-21T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-09-21

More Information

Income and Expenses

Gross Scheduled Income
28000
Inc/Exp Statement Period
12

Boat and Dock Information

Dock
Yes

Price Calculations

Current Price To SqFt
83.47

Section Details

Parcel Number MLX
Yes

Originating Details

Originating System Key
564255656
Originating System ID
M00000151
IDX
Listing Office: American Caribbean Real Estate
Source MLS Verified
Last Updated: September - 21 - 2026
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