501 Caribbean Drive, Key Largo, FL 33037 (MLS# 616173)

501 Caribbean Drive, Key Largo, FL 33037

$3,500,000

Virtual Tour

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Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,008 Lot Size (sq. ft.): 9,375 Status: Active

Current Price: $3,500,000 List Date: 8/18/2025 Last Modified: 4/25/2026

Overview

Description

Port Largo Waterfront Paradise Located in one of Key Largo's most desirable neighborhoods, this canal front 4-bedroom, 3.5-bath pool home is truly a boater's dream. Whether you're bringing the whole family or your fishing crew, there's room here for everyone--and all the gear that goes along with all the water sports! Inside, the home welcomes you with light-filled living spaces, stunning marble floors, recessed ceilings with crown molding, and an open floor plan that flows seamlessly to the outdoors. The kitchen is designed for both style and function, with crisp white coastal cabinetry, granite countertops, stainless appliances, and a spacious breakfast bar. A large utility room with washer/dryer makes Keys living easy. The bedrooms are generously sized with ample storage, including king beds, queen beds, and twin bed setups to accommodate all guests comfortably. Step outside and discover a private backyard retreat: a heated/chilled pool recently refinished ($25,000 upgrade) ... (Read more)

Listing Details MLS# 616173

Location, Tax & Legal

Street #: 501
Street Name: Caribbean
Street Suffix: Drive
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
County: Monroe
Subdivision: Port Largo (100.0)
Area: 27 - Key Largo MM 97-107
City: KEY LARGO
Mile Marker: 100
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE
Alternate Key #: 1556262
Parcel #: 00453475-011700
Zoning: IS - Improved Subivision District
Deed Restrictions: Unknown
Legal: LT 501 PORT LARGO FIFTH ADDITION KEY LARGO PB6-109 OR796-2450 OR802-1569 OR802-1610 OR2505-1111/12
Taxes: 13472.13
Tax Year: 2024
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Florida Keys

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 5
Pool: Yes
Year Built: 2006
Total Units: Yes
Lot SqFt: 9375
Lot Sqft Source: Tax Records
Acres: 0.22
Living Apx SqFt: 3008
SqFt Source: Tax Records
Total Bedrooms: 4
Full Baths: 3
Half Baths: Yes
Total Baths: 4
Rentals Allowed: With Restrictions
Min Rental Days: 28

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 300
Assoc/Mnt Fee Per: Yearly

Dockage

Dock Length: 75
Dock: Concrete
Boat Lift: Yes

More Information

Building Style

Above Flood: Unknown

Vehicle Storage

Car(s): 4+
Carport: Yes
Covered Parking: Yes
RV Parking Open: Yes
Off Street Parking: Yes
Trailer Storage: Yes

Pool Info

Other: Chilled
Heated: Yes
In Ground: Yes
Concrete: Yes

Remarks & Misc

Remarks – Consumer: Port Largo Waterfront Paradise Located in one of Key Largo's most desirable neighborhoods, this canal front 4-bedroom, 3.5-bath pool home is truly a boater's dream. Whether you're bringing the whole family or your fishing crew, there's room here for everyone--and all the gear that goes along with all the water sports! Inside, the home welcomes you with light-filled living spaces, stunning marble floors, recessed ceilings with crown molding, and an open floor plan that flows seamlessly to the outdoors. The kitchen is designed for both style and function, with crisp white coastal cabinetry, granite countertops, stainless appliances, and a spacious breakfast bar. A large utility room with washer/dryer makes Keys living easy. The bedrooms are generously sized with ample storage, including king beds, queen beds, and twin bed setups to accommodate all guests comfortably. Step outside and discover a private backyard retreat: a heated/chilled pool recently refinished ($25,000 upgrade), surrounded by lush, low-maintenance tropical landscaping (recent $27,000 investment). After a day on the water, unwind poolside, host a barbecue, or watch the kids play--there's plenty of space for everyone. Roof Replaced March 2026 ! For boaters, this property checks every box: 75 feet of dockage with a 25,000 lb. lift (currently holding a 39' Seavee), 50-amp shore power, and a custom built fish-cleaning station. Finally secure all the toys and equipment in a very spacious lower-level storage area with canal-side garage door. It's perfect for all your rods, dive tanks, and water toys.
Directions: US1 to Laguna or Atlantic . Left on Caribbean Drive follow past Sharkeys. House down on right.

Fee Includes

Other: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Ice Machine: Yes
Microwave: 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

Canal Front: Yes

Waterview

Canal View: Yes

Floor

Carpet: Yes
Marble: Yes

Interior Features

Built-in Cabinets: Yes
Drapes/Blinds Incl: Yes
Granite Counter Top: Yes
Smoke Alarms: Yes
Storage: Yes
Tray Ceilings: Yes
Walk-in Closet(s): Yes
Window Treatments: Yes

Property Condition

Updated/Remodeled: Yes

Specialty Rooms

Laundry Room: Yes
Utility Room: Yes
Other: Yes

Windows/Doors

Impact Rstnce Doors: Yes
Impact Rstnce Window: Yes

Construction

CBS: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Furnished: Yes
Negotiable: Yes

Terms

Cash: Yes
Conventional: 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

Fencing: Yes
Fruit Tree(s): Yes
Sprinkler System: Yes
Storage: Yes

Pre-Wired

Cable: Yes

Roof

Metal Roof: Yes

Property Features

Fee Includes: Other Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Dockage: Boat Lift Property Condition: Updated/Remodeled Vehicle Storage: Carport; Covered Parking; Off Street Parking; RV Parking Open; Trailer Storage Furnished: Furnished; Negotiable Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Buyer to Verify; FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Granite Counter Top; Smoke Alarms; Storage; Tray Ceilings; Walk-in Closet(s); Window Treatments Pre-Wired: Cable Specialty Rooms: Laundry Room; Utility Room; Other Appliances: Dishwasher; Disposal; Dryer; Freezer; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Fencing; Fruit Tree(s); Sprinkler System; Storage Pool Info: In Ground; Concrete Construction: CBS Floor: Carpet; Marble Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional; VA Title: Title Ins - Buyer

Listing Office: Realty ONE Group Destination (ISL)

Last Updated: April - 25 - 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.