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$5,400,000

  • For Sale
  • Active
  • Commercial Service
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This property is on the Oceanside of Downtown Key Largo with 500 ft of Deep Water Dockage that has direct ocean access. 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 on the property and a pump to service boats. There is also a sewage pump out for 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.

Full Property Details for 522 Caribbean Dr

General

  • Price: $5,400,000
  • Taxes: $32,363 (2024)
  • Status: Active
  • Type: Commercial Service
  • Source: 927
  • MLS ID: 612573
  • Updated: 10/10/2025
  • Added to Site: 442 day(s) ago

Interior

  • Flooring: Concrete

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Exterior

  • Exterior Features: Restaurant, Professional Service

Location

  • Area: 27 - Key Largo MM 97-107
  • County: Monroe
  • Subdivision: Port Largo (100.0)
  • Driving Directions: Downtown Key Largo. Turn Oceanside onto Atlantic Blvd at the light near Walgreens, go past the new Pickle ball courts and the Key Largo Park, take the left onto Caribbean Dr. a short drive away.

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Electric

Utilities

  • Water: Canal View
  • Utility Description: FKAA, Municipal Sewer

Structural Information

  • # Buildings: 1
  • Architectural Style: Commercial
  • Construction: CBS
  • Roof: Concrete Roof
  • Dock Size: 500
  • Stories/Levels: 2.0
  • Square Feet: 5,508
  • Sq. Ft. Source: Property Data Card
  • Year Built: 1983

Lot Features

  • Lot Size (Sq. Ft.): 62,500
  • Lot Dimensions: 500 x 125
  • Zoning: UC - Urban Commercial District

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Canal Front

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $32,363
  • Tax Year: 2024
  • Terms: No Seller Finance, Buyer Obtain Finance

Disclosures and Reports

  • Legal Description: LOTS 518 THRU 522 PORT LARGO FIFTH ADDITION KEY LARGO
  • Flood Zone: AE
  • APN: 00453475-013800

Listed by American Caribbean Real Estate, Christie's International Real Estate, Amy L Bruggeman (305) 619-0818 and American Caribbean Real Estate, Christie's International Real Estate, Tom Rodriguez (305) 394-0688

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Listing agents

— 522 Caribbean Dr —

  • Amy L Bruggeman

    American Caribbean Real Estate, Christie's International Real Estate

  • Tom Rodriguez

    American Caribbean Real Estate, Christie's International Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 522 Caribbean Dr

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Key Largo School
104801 Overseas Highway, Key Largo, FL 33037
PK-85 mi
Key West High School
2100 Flagler Avenue, Key West, FL 33040
9-1292.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 522 Caribbean Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/10/2025
Price Reduced
$5,400,000
-1.82%
MLS
5/30/2025
Price Reduced
$5,500,000
-6.78%
MLS
12/06/2024
Listed
$5,900,000
51.28%
MLS
6/29/2018
Sold
$3,900,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 522 Caribbean Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$33,712
—
$4,523,514
-15%
2024
$33,712
14%
$5,336,137
24%
2023
$29,562
25%
$4,293,624
52%
2021
$23,584
2%
$2,829,637
2%
2022
$23,230
-2%
$2,784,409
-2%
2021
$23,584
24%
$2,839,115
46%
2019
$18,991
11%
$1,943,093
16%
2018
$17,169
-5%
$1,678,826
-6%
2017
$18,022
-7%
$1,778,516
-4%
2016
$19,332
36%
$1,858,455
126%
2015
$14,177
35%
$824,019
10%
2014
$10,471
-3%
$746,669
—
2013
$10,776
—
$747,686
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 522 Caribbean Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by American Caribbean Real Estate, Christie's International Real Estate, Amy L Bruggeman (305) 619-0818 and American Caribbean Real Estate, Christie's International Real Estate, Tom Rodriguez (305) 394-0688

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522 Caribbean Drive, Key Largo, FL 33037 (MLS# 612573) is a Commercial Service property. 522 Caribbean Drive is currently listed for $5,400,000 and was received on December 06, 2024. Want to learn more about 522 Caribbean Drive? Do you have questions about finding other Commercial Service real estate for sale in Key Largo? You can browse all Key Largo real estate or contact a Coldwell Banker agent to request more information.

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