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515 Caribbean Drive, Key Largo, FL - photo 1

$2,494,000

515 Caribbean Drive

Key Largo, FL 33037

Estimated payment $13,186/month

HOA not listed, not included · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr

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5Beds
3Baths
2,748Sq Ft
$908Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

Built in 1993
12,196 sqft Lot

About This Home

Waterfront Boater's Paradise in Premier Port Largo Welcome to 515 Caribbean Drive, an exceptional waterfront property in sought-after Port Largo, one of the Upper Keys' premier boating neighborhoods. This solid CBS home, built in 1993, offers 2,748 sq. ft. of living space, 5 bedrooms, 3 baths, serious boating infrastructure, and direct open-ocean access through deep, wide canals. The home features custom cabinetry in the kitchen and baths, a 2019 metal roof, and a 13,000-pound boat lift with functional davits. But the true showstopper is downstairs: an extraordinary 3,144-square-foot climate-controlled garage, offering rare and highly versatile space for boats, vehicles, water toys, equipment, storage, or a workshop. Set on a 12,500-square-foot lot with 100 feet of seawall, this property is designed for the ultimate Keys lifestyle. Deep, wide canals provide an exceptional launch point for boating, fishing, diving, and exploring the Florida Keys and beyond. The location is equally compelling--approximately one hour from Miami, steps from Key Largo Park and Jacobs Aquatic Center, and minutes from excellent restaurants, shopping, and everyday conveniences. For the serious boater or anyone seeking an exceptional waterfront lifestyle, 515 Caribbean Drive offers a rare combination of open-ocean access, substantial climate-controlled garage space, 100 feet of seawall, and outstanding boating infrastructure in one of the Upper Keys' most desirable neighborhoods.Seller financing available with 20% down, 6% interest rate, 5 year balloon!

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:5
  • •Bathrooms:3
  • •Full bathrooms:3
  • •Half bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:2,748 sqft
  • •Total interior livable area:2,748 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:12,196 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Single Family Residence
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:1993

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Price history

DateEventPrice
10/30/2026Listed for sale$2,494,000$908/sqft

Listing Agent

Philip Kravitz

Coldwell Banker Schmitt Key Largo

Brokerage Phone: 305-451-4422

Source: Florida Keys MLS · MLS #621052

Data Powered by Home Junction, Inc.

Nearby

Schools

OCEAN STUDIES CHARTER

Elementary · 0.4 mi

Supermarkets

Publics

0.4 mi

Gordon Restaurant Market

0.5 mi

Remedy's Nutrition

0.7 mi

Dining

Rib Daddys

0.1 mi

Sharkey's Pub & Galley Restaurant

0.1 mi

Waffle House

0.3 mi

Parks

Key Largo Community Park

0.4 mi

Friendship Park

1.2 mi

Peace Park

2.0 mi

Beaches

North Beach

1.4 mi

South Beach

1.6 mi

Cannon Beach

2.7 mi

Nearby amenity locations include data © OpenStreetMap contributors.