Description

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.

Address

Open on Google Maps

Address: Array
City: Key Largo
State/county: Monroe
Zip/Postal Code: Array

Details

Updated on August 27, 2026 at 6:57 am

Property ID Array
Price $10,999,999
Property Size 5113 Sq Ft
Bedrooms 6
Bathrooms 5
Garage 0
Year Built 2013
Type Single Family Residence
Property Status Residential

Additional details

BathroomsFull 5
BathroomsHalf 1
CLIP 6655379175
CarportSpaces 1
ConstructionMaterials Block
ContractStatusChangeDate 2025-12-15
Cooling Central Air
CoveredSpaces 1
CumulativeDaysOnMarket 254
CurrentPrice 10999999
DaysOnMarket 254
DaysOnMarketReplication 254
DaysOnMarketReplicationDate 2026-08-26
DaysOnMarketReplicationIncreasingYN 1
DirectionFaces Southwest
DocumentsChangeTimestamp 2026-02-20T06:05:24.000-00:00
DocumentsCount 0
ElementarySchool Key Largo
Flooring Marble, Other, Tile
FrontageLength 350.00
FrontageType Waterfront
Heating Central
HighSchool Coral Shores
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
Levels Two
ListAOR Miami REALTORS
ListAgentAOR Miami Association of REALTORS
ListAgentDirectPhone 305-409-9093
ListAgentEmail angel@thenicolasgroup.com
ListAgentFirstName Angel
ListAgentFullName Angel Oscar Nicolas
ListAgentKey 26736420
ListAgentKeyNumeric 26736420
ListAgentLastName Nicolas
ListAgentMiddleName Oscar
ListAgentMlsId SEF3371634
ListAgentNationalAssociationId 279610432
ListAgentOfficePhone 646-480-7665
ListAgentPreferredPhone 305-409-9093
ListAgentStateLicense 3371634
ListAgentURL http://www.thenicolasgroup.com
ListOfficeAOR Miami Association of REALTORS
ListOfficeEmail helloflorida@serhant.com
ListOfficeKey 5899345
ListOfficeKeyNumeric 5899345
ListOfficeMlsId SEFSHTF01
ListOfficeName Serhant
ListOfficePhone 646-480-7665
ListingAgreement Exclusive Right To Sell
ListingContractDate 2025-12-15
ListingKeyNumeric 1149523842
ListingTerms Cash, Conventional
LotFeatures 1/4 to 1/2 Acre Lot
MLSAreaMajor 5940 - Other Florida County
MLSAreaMinor Other
MajorChangeTimestamp 2026-05-29T09:25:22.000-00:00
MajorChangeType Price Change
MapCoordinateSource Imported
MiddleOrJuniorSchool Key Largo
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp 2026-08-27T04:55:55.983-00:00
OccupantType Vacant
OnMarketDate 2025-12-15
OnMarketTimestamp 2025-12-15T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-08-26T19:23:57.183-00:00
OriginalEntryTimestamp 2025-12-15T13:48:59.000-00:00
OriginalListPrice 12500000
OriginatingSystemID M00000151
OriginatingSystemKey 454504740
OriginatingSystemListAgentMemberKey 1192207
OriginatingSystemListOfficeKey 1252711
OriginatingSystemModificationTimestamp 2026-08-26T19:23:57.183-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_MIAMI
OtherEquipment Other
OtherParking CarportSpaces:1.00
ParcelNumber 00539670000000
ParkingFeatures Driveway, Paver Block
PatioAndPorchFeatures Deck, Open, Porch, Balcony
Permission IDX
PhotosChangeTimestamp 2026-08-27T04:55:55.860-00:00
PhotosCount 26
PoolFeatures Heated, In Ground
Possession Negotiable
PostalCity Key Largo
PreviousListPrice 12500000
PriceChangeTimestamp 2026-05-29T09:25:22.000-00:00
PropertySubTypeAdditional Single Family Residence
Roof Metal
Sewer Public Sewer
SourceSystemID TRESTLE
SourceSystemKey 1149523842
SourceSystemName flexmls
SpecialListingConditions Listed As-Is
StateOrProvince FL
StatusChangeTimestamp 2025-12-15T12:55:37.000-00:00
Stories 2
StoriesTotal 2
StreetName Garden Cove
StreetNumber 57
StreetNumberNumeric 57
StreetSuffix Drive
SubdivisionName OCEAN ISLE ESTATE
TaxAnnualAmount 33349
TaxLegalDescription BK 7 LT 1 OCEAN ISLE EST PB5-14 KEY LARGO OR330-327-328 OR1092-2054/55RS OR1118-1487 OR1122-911 OR1226-301 OR1354-1378C OR1580-623 OR1611-20
TaxYear 2025
UniversalPropertyId US-12087-N-00539670000000-R-N
VideosChangeTimestamp 2026-08-27T04:55:55.860-00:00
VideosCount 0
View Ocean, Water
WaterSource Public
WaterfrontFeatures Ocean Front
Zoning MIX