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34 Atlantic Drive, Key Largo, FL 33037

New Listing
$2,890,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,112 Lot Size (sq. ft.): 29,185 Status: Active
Current Price: $2,890,000 List Date: 4/24/2026 Last Modified: 4/30/2026

Overview

Description

Huge Direct Oceanfront Compound -- One-of-a-Kind with 276-Foot Concrete Dock Adjacent to World-Famous John Pennekamp, Coral Reef State Park & Molasses Reef. Discover a truly exceptional and private oceanfront compound designed for boating enthusiasts, investors, or multi-generational living. Spread across three expansive lots, this rare property includes two distinct homes and direct water access -- a combination that's nearly impossible to find in today's market. The primary residence features a Modern Style 3 bedrooms and 2 full baths, offering bright, comfortable living spaces and sweeping ocean views. The second home, complete Modern Style 2 bedrooms and 2 baths on a separate meter, is ideal for guests, or extended family. Step outside to unparalleled oceanfront living with a 276-foot concrete dock, perfect for accommodating large vessels, fishing, and launching watercraft. The grounds offer generous room for entertaining, expansion, or simply enjoying the peaceful surrou ...

Listing Details MLS# 619621

Location, Tax & Legal

Street #
34
Street Name
Atlantic
Street Suffix
Drive
Key/Island
Key Largo
State/Province
FL
Zip Code
33037
County
Monroe
Subdivision
Ocean Reef Shores (905.0)
Area
28 - Key Largo N of MM 107 Incl Ocean Reef
City
KEY LARGO
Mile Marker
905
Marathon Neighborhood
N/A
Side
Ocean
Flood Zone
AE,AE,VE,AE
Alternate Key #
1691488
Parcel #
00564760-000000
Zoning
IS - Improved Subivision District
Deed Restrictions
Unknown
Legal
PT TRACT B 1ST ADDN TO KNOWLSON COLONY KEY LARGO PB3-110 OR518-1019 OR759-410 OR1422-1595 OR2947-0414 OR3325-1282
Taxes
13133.26
Tax Year
2025
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Florida Keys
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Multi-family
Style
Multi-Units
Waterfront
Yes
Control Depth
3
Pool
Yes
Year Built
1943
Lot SqFt
29185
Lot Sqft Source
Property Data Card
Acres
0.98
Living Apx SqFt
3112
SqFt Source
Property Data Card
Total Bedrooms
5
Full Baths
4
Total Baths
4
Rentals Allowed
With Restrictions
Total Units
0

Association Info

Mandatory Home Owners Asc
No
Voluntary Home Owners Asc
Yes
1st Right of Refusal
No
Association Fee $
0

Dockage

Dock
Concrete

More Information

Building Style

Above Flood
Unknown
Stories
1 Story
Ground Level
Yes

Vehicle Storage

Car(s)
4+
Garage
Yes
RV Parking Open
Yes

Financial Status

Auction
No
Bank Owned
No
Potential Short Sale
No
Standard Sale
Yes

Remarks & Misc

Remarks – Consumer
Huge Direct Oceanfront Compound -- One-of-a-Kind with 276-Foot Concrete Dock Adjacent to World-Famous John Pennekamp, Coral Reef State Park & Molasses Reef. Discover a truly exceptional and private oceanfront compound designed for boating enthusiasts, investors, or multi-generational living. Spread across three expansive lots, this rare property includes two distinct homes and direct water access -- a combination that's nearly impossible to find in today's market. The primary residence features a Modern Style 3 bedrooms and 2 full baths, offering bright, comfortable living spaces and sweeping ocean views. The second home, complete Modern Style 2 bedrooms and 2 baths on a separate meter, is ideal for guests, or extended family. Step outside to unparalleled oceanfront living with a 276-foot concrete dock, perfect for accommodating large vessels, fishing, and launching watercraft. The grounds offer generous room for entertaining, expansion, or simply enjoying the peaceful surroundings of this secluded coastal haven. Highlights: 3 lots with two homes and a 276-ft dock, Turn-Key Direct ocean access -- idea for boating on the Ocean or Bay. Steps from John Pennekamp Coral Reef State Park Perfect for entertaining, investing, or creating a family retreat Unmatched privacy and coastal lifestyle potential.
Directions
Use GPS/Off of the 905 Old Road, Turn on Gulfstream Dr. Then Right on NE 1st St& Left on Atlantic Dr.

Fee Includes

None
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
More Appliances
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes
Stainless Steel Appliance(s)
Yes
Washer
Yes

Pets

Pets Allowed
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes

Heating

Central
Yes

Waterfront

Open Water
Yes

Waterview

Ocean View
Yes

Floor

Tile
Yes

Neighborhood Feature

Community Boat Ramp
Yes

Interior Features

Granite Counter Top
Yes
Walk-in Closet(s)
Yes

Windows/Doors

Impact Rstnce Doors
Yes
Impact Rstnce Window
Yes

Construction

CBS
Yes
Concrete
Yes

Land Size

More than 1 Lot
Yes

Furnished

Negotiable
Yes

Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Utilities

Buyer to Verify
Yes
FKAA
Yes
Municipal Sewer
Yes

Porch/Balcony

Open Porch/Balcony
Yes
Patio
Yes

Title

Title Ins - Buyer
Yes

Exterior Features

Built-in Grill
Yes
Lighting
Yes
Outdoor Kitchen
Yes

Pool Info

In Ground
Yes
Concrete
Yes

Roof

Metal Roof
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Open Water Waterview: Ocean View Building Style: Ground Level Vehicle Storage: Garage; RV Parking Open Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Buyer to Verify; FKAA; Municipal Sewer Interior Features: Granite Counter Top; Walk-in Closet(s) Appliances: Dishwasher; Dryer; Microwave; More Appliances; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Built-in Grill; Lighting; Outdoor Kitchen Pool Info: In Ground; Concrete Construction: CBS; Concrete Floor: Tile Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Community Boat Ramp Land Size: More than 1 Lot Terms: Cash; Conventional; FHA; VA Title: Title Ins - Buyer
Listing Office: Venture Realty Group
Last Updated: April - 30 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.