PORT LARGO 5TH ADD

505 Caribbean Dr, Key Largo FL 33037

4 beds · 3 baths · 4,204 ft²

Closed

$3,790,000

5.13%

Est. Payment $20,172/mo

MLS Sheet Video

4

Bedrooms

3

Bathrooms

4,204

Sq. Ft.

2001

Year Built

81

Days on Market

Description

A Waterfront Masterpiece — 166 feet of pristine canal frontage, resort-style pool, and a massive owner's suite define this one-of-a-kind residence. Beautiful and spacious 3-story waterfront residence offering an impressive 166 feet of canal frontage with direct access the ocean. Designed for comfort and entertaining, this home blends elegant interiors with resort-style outdoor living. Inside, the main living area boasts soaring ceilings, natural light, and balconies that frame tranquil water views from every room. The open kitchen features custom wood cabinetry, stainless steel appliances, granite countertops, and an expansive breakfast bar that flows into the great room and dining space. Elegant stone flooring and quality finishes throughout. Seller Financing Possible to right buyer.

Facts

MLS#
A11865914
Subdivision
PORT LARGO 5TH ADD
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
2001
Lot Size
12,196 ft²
Sq. Ft.
4,204 ft²
Sq. Mt.
391 m²
Price per sq. ft.
$902/ft²
Price per sq. mt.
$9,693/m²
Stories
Garage
Pool
Days on Market
81 days
Listed
Aug 26, 2025
Last Updated
Dec 19, 2025
Price/Lot Sq.Ft.
$311/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Key Largo

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

48

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

12/19/2025Sold$3,790,000
10/30/2025Price change$3,790,000-5.1%
8/26/2025Listed for sale$3,995,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

505 Caribbean Dr, Key Largo FL 33037Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$23,480/mo

Principal & Interest

$20,172

Property Tax

$3,158

Insurance

$150

HOA

$0

20% ($758,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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