$10,999,999
57 Garden Cove Drive
Key Largo, FL 33037
OCEAN ISLE ESTATE
Explore the area: Monroe County real estate
Price Check
How this price compares
- List price
- $10,999,999
- Price per sq ft
- $2,151
- Original price
- $12,500,000
- Days on market
- 282
This 6-bedroom single-family home is listed at $10,999,999, or $2,151 per square foot. The asking price has come down 12% from its original $12,500,000. It has been on the market for 282 days.
Estimated monthly payment
$57,810 /mo
Principal and interest only, based on $2,200,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $10,999,999
- Days on Site
- 282 Days
- Bedrooms
- 6
- Total Baths
- 6
- Full Baths
- 5
- Partial Baths
- 1
- Living Area
- 5,113 sqft
- Year Built
- 2013
- Property Type
- Single Family
- MLS #
- A11930774
- Property Tax
- $33,349 (2025)
- Subdivision
- OCEAN ISLE ESTATE
- County
- Monroe
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
57 Garden Cove Drive is a rare Key Largo waterfront compound set on nearly 26,000 SF, offered together with an adjacent vacant residential lot for added flexibility and future potential.The property features 6 bedrooms, 6 bathrooms, a private elevator, and bright, open living spaces that flow seamlessly into the tropical surroundings. Boaters will appreciate 100 feet of dockage with direct access to open water.Approved for 7-day short-term rentals, the home is a successful vacation rental and wedding venue with strong income history. Combined with the additional parcel, it offers exceptional opportunities for expansion, added amenities, or the creation of a private resort-style estate.A turnkey waterfront investment with income, lifestyle, and development potential in one of the Florida Keys’ most desirable locations.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 2013
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 0
- Parking
- Driveway / Paver Block
- Direction Faces
- Southwest
- Living Sq Ft
- 5,113
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- MIX
Interior Features
- Appliances
- Dryer / Dishwasher / Disposal / Gas Range / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Marble / Other / Tile
- Interior Features
- Wet Bar / Built In Features / Bathtub / Closet Cabinetry / Dual Sinks / Entrance Foyer / Other / Sitting Area In Primary / Split Bedrooms / Soaking Tub / Separate Shower / Walk In Closets
Exterior Features
- Construction
- Block
- Roof
- Metal
- Exterior Features
- Balcony / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- Heated / In Ground
- Patio & Porch
- Deck / Open / Porch / Balcony
- Lot Features
- Quarter To Half Acre Lot
- Waterfront
- Yes
- Waterfront Features
- Ocean Front
- Frontage
- Waterfront
- Frontage Length
- 350.00 ft
- View
- Ocean / Water
Community & HOA
- Association Amenities
- None
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 5940 - Other Florida County
Schools
- Elementary School
- Key Largo
- Middle School
- Key Largo
- High School
- Coral Shores
About the Area
- Homes for Sale
- 222
- Median List Price
- $897,000
- Median $/Sq Ft
- $699
- Avg Days on Market
- 157
Frequently Asked Questions
- How do I schedule a tour of 57 Garden Cove Drive, Key Largo, FL 33037?
- Use the Tour button on this listing to request a showing of 57 Garden Cove Drive, Key Largo, FL 33037. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 57 Garden Cove Drive, Key Largo, FL 33037 still available?
- 57 Garden Cove Drive, Key Largo, FL 33037 is currently listed as Active, and has been on the market 282 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 57 Garden Cove Drive, Key Largo, FL 33037?
- With 20% down ($2,200,000) on the $10,999,999 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 57 Garden Cove Drive, Key Largo, FL 33037 is about $57,810/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 57 Garden Cove Drive, Key Largo, FL 33037?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 57 Garden Cove Drive, Key Largo, FL 33037. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 57 Garden Cove Drive, Key Largo, FL 33037?
- 57 Garden Cove Drive, Key Largo, FL 33037 is zoned for Key Largo (elementary), Key Largo (middle), Coral Shores (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 57 Garden Cove Drive, Key Largo, FL 33037?
- Often, yes. The right offer on 57 Garden Cove Drive, Key Largo, FL 33037 depends on how it's priced against comparable single family sales in Key Largo, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Serhant
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 25, 2026.
$10,999,999
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Listed by Angel Oscar Nicolas, Serhant
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