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$12,500,000
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Property Description
Discover an extraordinary oceanfront retreat in Key Largo, perfectly positioned on a rare point lot overlooking the open Atlantic with close proximity to Ocean Reef & South Miami. A boater's dream with 100 feet of premium dockage & direct ocean access-no bridges, no delays. The property's waterfront setting provides both privacy and panoramic views, creating a truly unmatched coastal backdrop. Currently operating as a successful vacation rental and wedding venue, this home boasts impressive rental history & exceptional income potential. With just under 26,000SQFT of land, the property's open layout, outdoor entertainment areas, and breathtaking setting make it a sought-after destination for gatherings, events, and luxury getaways. Expansive patios, lush tropical landscaping, and generous waterfront lounging areas offer endless possibilities for relaxation or celebration. The home is being sold together with the adjacent vacant residential land parcel, identified as RE # 00539680.
Full Property Details
Full Property Details for 57 Garden Cove Dr
General
- Price: $12,500,000
- Taxes: $33,349 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11930774
- Updated: 12/15/2025
- Added to Site: 33 day(s) ago
Interior
- Interior Features: Built-in Features, Closet Cabinetry, Entrance Foyer, Other, Split Bedroom, Walk-In Closet(s), Wet Bar, Family Room
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator, Washer
- Flooring: Marble, Other, Tile
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 5
- Half Bathrooms: 1
- Primary Bathroom: Dual Sinks, Separate Tub & Shower
Bedrooms
- Total Bedrooms: 6
- Bedroom Features: Primary Bath Shower, Primary Bath Tub, Sitting Area - Primary Bedroom
Other Rooms
- Living Room: Family Room Sq. Ft.
Additional Information
- Pool: Yes
- Pool Description: In Ground, Heated, -
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Deck, Open Balcony, Open Porch
Parking
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Driveway, Paver Block
Location
- Area: Ocean Isle Estate
- County: Monroe County
- Subdivision: OCEAN ISLE ESTATE
- Building Name: OCEAN ISLE ESTATE
- Direction Faces: Southwest
Community
- Community Name: Ocean Isle Estate
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached, Two Story
- Structure Type: House
- Detached/Attached: Detached
- Construction: Concrete Block Construction, CBS Construction
- Roof: Metal Roof
- Doors: High Impact Doors
- Entry Location: Foyer
- Square Feet: 5,113
- Living Area: 5,113 Sq. Ft.
- Year Built: 2013
Lot Features
- Property View: Ocean, Water
- Frontage Feet: 350
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Zoning: MIX
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Ocean Access, Ocean Front
Financial Considerations
- Price Per Sq. Ft.: $2,444.75
- Tax Amount: $33,349
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 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
- Restrictions: Other Restrictions
- Inclusions: Private Dock, Dock Owned/Included, Private Dock, Up to 100 Ft Boat
- Property ID: 00539670-000000
Listed by Serhant
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Schools
Schools serving 57 Garden Cove Dr
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Key Largo School 104801 Overseas Highway, Key Largo, FL 33037 | PK-8 | 1.7 mi |
Key West High School 2100 Flagler Avenue, Key West, FL 33040 | 9-12 | 98.1 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 57 Garden Cove Dr
Date
Details
Price
Change
Source
12/15/2025
Listed
$12,500,000
525%
MLS
8/01/2014
Sold
$2,000,000
—
Public Record
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
Tax History for 57 Garden Cove Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$30,498
—
$5,339,419
14%
2024
$30,498
21%
$4,697,728
40%
2023
$25,229
23%
$3,353,206
36%
2021
$20,446
-8%
$2,468,976
-18%
2022
$22,159
8%
$3,029,155
22%
2021
$20,446
3%
$2,486,340
5%
2019
$19,824
1%
$2,373,706
4%
2018
$19,567
11%
$2,282,150
10%
2017
$17,693
3%
$2,074,685
5%
2016
$17,103
14%
$1,974,888
19%
2015
$14,958
380%
$1,656,170
640%
2014
$3,119
-1%
$223,665
10%
2013
$3,149
—
$203,332
—
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
Estimate the Cost for 57 Garden Cove Dr
57 Garden Cove Dr, Key Largo, FL 33037 (MLS# A11930774) is a Single Family property with 6 bedrooms, 5 full bathrooms and 1 partial bathroom. 57 Garden Cove Dr is currently listed for $12,500,000 and was received on December 15, 2025. Want to learn more about 57 Garden Cove Dr? Do you have questions about finding other Single Family 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.

