by Global Lifestyle Properties

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Key Largo 33037
522 Caribbean Dr
$5,200,000
● Land - For Sale

522 Caribbean Dr

Key Largo, FL 33037
bedrooms
Studio
bathrooms
0 Bath
$28,328
Est. Monthly

About This Property

This Large property is on the Oceanside of Downtown Key Largo with 500 ft of concrete Deep Water Dockage that has direct ocean access. 5 combined lots of 100 x 125 ft each, where most lots in Port Largo are only 75 ft. X 125. 3 residential lots and 2 suburban commercial lots. 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 with a fuel pump on the property and a sewage pump out to service 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.
Unit Size
-
Days on Market
18 days
Land Size
1.43 acres
Price per sqft
-
Property Type
Land
Property Taxes
$2,795
HOA Dues
-
Year Built
1983

Listed By

Amy Bruggeman
American Caribbean Real Estate

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Last updated: 18 days ago (Miami MLS #A12092939)

Price History

Date / Event Date Event Price
Sep 21, 2026 Listed by American Caribbean Real Estate $5,200,000
Listed by American Caribbean Real Estate
Jul 2, 2018 Sold
Sold
May 29, 2013 Sold
Sold

Property Highlights

Exterior Details
Waterfront Features: Canal Front, Ocean Access, No Fixed Bridges
Building Name: PORT LARGO 5TH ADD
Building Area Units: Square Feet
Lot Features: County Location, Other Location, 1-2.5 Acres
Lot Size Area: 62500
Lot Size Units: Square Feet
Lot Size Acres: 1.43
Lot Size Square Feet: 62500
Lot Size Dimensions: 500x125
Water Source: Municipal Water
Financial Details
Tax Annual Amount: $33,536
Utilities Details
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Business/Commerical Units Count: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 62,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 5,000
  • Total Building Area: 5,508
  • Gross Building Area: 5,508
  • Building Area: 5,508
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 5,508
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 3
  • Property Class: C
  • Subdivision: PORT LARGO 5TH ADD
  • Land Acres: 0000001435
  • Standard Land Use Code: 2012
  • County Land Use Code: 2100
  • State Land Use Code: 021
  • Legal Description 1: LOTS 518 THRU 522 PORT LARGO FIFTH ADDITION KEY LARGO PB6-109 OR796-2450 OR805-236 OR805-238 OR805-240 OR805-242 OR809-898/99 OR816-1592 OR816-1593 OR838-1945 OR838-1946 OR866-1357/58 OR867-1875 OR907-1988 OR910-882 OR 910-883 OR919-1453/54 OR961-102

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 970500

Zoning

  • Zoning: UC

Geography

  • Assessors Map Reference: 24-33
  • Account Number: 1556475
  • Parcel: 00453475-013800
  • Lot: 518-5
  • Meridian: SEC 33 TWN 61S RNG 39E
  • Municipality: KEY LARGO FROM SOUTH BAY HARBO
  • Latitude: 25.096
  • Longitude: -80.4347

    Address

  • Full Address: 522 Caribbean Dr
  • Address - House Number: 522
  • Address - Street Name: Caribbean
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Key Largo
  • Carrier Code: R005
  • 4-Digit Zip Code: 4342
  • Zip Code: 33037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,322,963
  • Tax Rate Code Area: 500K

    Market Valuation

  • Market Total Value: $4,293,624
  • Market Land Value: $3,341,250
  • Market Improvement Value: $952,374

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,293,624
  • Assessed Land Value: $3,341,250
  • Assessed Improvements Value: $952,374

    Sales

  • Current Sale Contract Date: Jun 29, 2018
  • Current Sale Recording Date: Jul 02, 2018
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2176257
  • Previous Sale Recording Date: May 29, 2013
  • Previous Sale Contract Date: May 29, 2013
  • Previous Sale Amount: $100
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Key Largo


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Nearby Rentals

Unit for rent at 164 Ocean Bay Drive, Key Largo, FL, 33037

$4,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,722 ft²
164 Ocean Bay Drive #3C, Key Largo, FL, 33037 Listing by Shannon Pettiford


Frequently Asked Questions

When was property at 522 Caribbean Drive built and last sold?
The property at 522 Caribbean Drive was built in 1983 and last sold on Jun 29, 2018 for $3,900,000.
How much is this home worth?
The estimated value of the home located at 522 Caribbean Drive is $5,252,000.
What are some comparable homes to 522 Caribbean Drive?
There are currently no comparable homes to 522 Caribbean Drive.