$2,345,000
Key Largo, FL 33037
MLS# 617384
4 beds | 2 baths | 1716 sqft
1 / 50
Property Description
Ocean views, deepwater dockage, dock is being replaced with a lift 9/26, and the rare ability to legally operate nightly rentals - it doesn't get any better! The seller has approval for a 20,000lb boat lift and improvement of the dock. There is also approval for an observation deck into the open ocean. This exceptional oceanfront estate offers a standout turnkey investment opportunity, combining the perfect trifecta for your portfolio: panoramic ocean views, deepwater dockage, and approved nightly rental capability. An ideal family compound and a rare chance to own a fully versatile, income-producing Keys property. Enjoy oceanfront living with two beautifully updated units, each featuring 2 bedrooms and 1 bathroom, separate entrances, and its own oceanfront porch. The property showcases panoramic blue-water views that are simply breathtaking, a rare find for both investors and those seeking a spectacular coastal retreat. Boating enthusiasts will appreciate the 100 feet of concrete dockage with immediate ocean access, along with the unique benefit of ownership of the ocean bottom, offering added value, flexibility, and long-term security. Zoning permits rentals with a minimum stay of just one night, giving you maximum income potential or the option to enjoy it as a private getaway. Whether you're looking to expand your investment portfolio or create your future oceanfront dream home, this home offers unmatched versatility and incredible potential in a beautiful setting. Plenty of parking and room for a pool, expansion or redevelopment! Call today for more details.
Details
Maps
Contract Information
Current Price: $2,345,000
Listing Date: 2025-11-20
Listing Board: Florida Keys
Monthly Rent: $2,345,000
As is Rght to Inspct: Yes
Location, Tax & Legal
Street #: 127
Street Name: Seaside
Street Suffix: Avenue
Key/Island: Key Largo
State/Province: FL
Zip Code: 33037
County: Monroe
Subdivision: Seaside Sub (94.5)
Area: 26 - Key Largo S of MM 96.9
General Property Description
Realtor.COM Type: Multi-family
Style: Single Family
Waterfront: Yes
Control Depth: 6
Pool: No
Year Built: 1962
Total Units: 2
Lot SqFt: 12348
Lot Sqft Source: Property Data Card
Acres: 0.2
Living Apx SqFt: 1716
SqFt Source: Property Data Card
Total Bedrooms: 4
Full Baths: 2
Total Baths: 2
Rentals Allowed: Yes
Min Rental Days: 1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of County License: 2
Transient Rntl Licns: Yes
Dockage
Dock Length: 100
Dock: Concrete
Building Style
Above Flood: No
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Vehicle Storage: Open Parking; RV Parking Open; Trailer Storage
Furnished: Furnished
Cooling: Central Air
Heating: Central
Utilities: Cable Available; FKAA; Municipal Sewer
Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer
Construction: CBS
Roof: Concrete Roof
Pets: Pets Allowed
Land Size: 1/4 - 1/2 Acre
Terms: Cash; Conventional
Listing Office: American Caribbean Real Estate, Christie's International Real Estate
Last Updated: August - 13 - 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.