522 Caribbean Drive, Key Largo, FL 33037 (MLS# 612573)

522 Caribbean Drive, Key Largo, FL 33037

$5,400,000

Property Type: Commercial Sale Baths: 4 Lot Size (sq. ft.): 62,500 Status: Active

Current Price: $5,400,000 List Date: 12/06/2024 Last Modified: 10/10/2025

Description

This property is on the Oceanside of Downtown Key Largo with 500 ft of Deep Water Dockage that has direct ocean access. 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 on the property and a pump to service boats. There is also a sewage pump out for 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.

More Information MLS# 612573

Contract Information

Listing Board: Florida Keys Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Current Price: $5,400,000 Listing Date: 2024-12-06 List Price: $5,400,000

Location, Tax & Legal

City: KEY LARGO Off Shore Island: No Mile Marker: 100 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE Alternate Key #: 1556475 Parcel #: 00453475-013800 Zoning: UC - Urban Commercial District Legal: LOTS 518 THRU 522 PORT LARGO FIFTH ADDITION KEY LARGO Taxes: 32363 Tax Year: 2024 Street #: 522 Street Name: Caribbean Street Suffix: Drive Key/Island: Key Largo State/Province: FL Zip Code: 33037 Subdivision: Port Largo (100.0) County: Monroe Area: 27 - Key Largo MM 97-107

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 6 Lot Size: 500 X125 Lot SqFt: 62500 # Parking Spaces: over 75 # Stories: 2 SqFt Source: Property Data Card Total # Buildings: 1 Building SqFt: 5508 Style: Commercial Year Built: 1983 Full Baths: 4 Total Baths: 4

Remarks & Misc

Remarks – Consumer: This property is on the Oceanside of Downtown Key Largo with 500 ft of Deep Water Dockage that has direct ocean access. 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 on the property and a pump to service boats. There is also a sewage pump out for 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. Directions: Downtown Key Largo. Turn Oceanside onto Atlantic Blvd at the light near Walgreens, go past the new Pickle ball courts and the Key Largo Park, take the left onto Caribbean Dr. a short drive away.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Type

Professional Service: 1 Restaurant: 1

Fee Includes

None: 1

Dockage

Dock Length: 500 Dock: Concrete

Appliances

Other: list to be provided

Cooling

Central Air: 1

Heating

Electric: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1

Floor

Concrete: 1

Vehicle Storage

Common Parking: 1

Construction

CBS: 1

Land Size

1 Less Than 2 Acres: 1

Terms

Buyer Obtain Finance: 1 No Seller Finance: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Title

Title Ins - Buyer: 1

Property Rights

Beverage License: 1

Roof

Concrete Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Status: Active

Property Features

Type: Professional Service; Restaurant Waterfront: Canal Front Waterview: Canal View Vehicle Storage: Common Parking Cooling: Central Air Heating: Electric Utilities: FKAA; Municipal Sewer Construction: CBS Floor: Concrete Roof: Concrete Roof Land Size: 1 Less Than 2 Acres Fee Includes: None Terms: Buyer Obtain Finance; No Seller Finance Title: Title Ins - Buyer Property Rights: Beverage License

Listing Office: American Caribbean Real Estate, Christie's International Real Estate

Last Updated: October - 10 - 2025

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.