57 Garden Cove Drive

    Key Largo, FL 33037
    • $4,999,000
    • STATUS: Active
    • ON SITE: 14 days
    • MLS #: 586333
    UPDATED: 45 min ago
    $4,999,000
    • 6
      BEDS
    • 0.11
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 4,224
      SQFT
    • $1,183
      $/SQFT
    Type:
    Single-Family Home
    Built:
    2014
    County:

    School Ratings & Info

    Description

    Outstanding Oceanfront Estate Home perfectly situated 5 minutes from Ocean Reef Club and 30 minutes from Miami on a point lot with direct access to John Pennekamp Coral Reef State Park. This 5,100 square foot, 6 bedroom, 5.5 bath estate sits on .72 acres with 300 linear feet of water frontage. It features many luxury appointments and finishes including an ADA accessible elevator, Italian marble floors, sub-zero refrigerator, wine chiller, wet bar, granite countertops, stainless steel appliances, and hard wood cabinets. This is a solid CBS building built in 2014 with a 50-year metal roof and hurricane impact windows and doors throughout.Enjoy floor to ceiling ocean vistas from the main living area or experience 180 degree ocean views from the master bedroom. Open porches make you feel like the ocean is at your feet. All bedrooms have ocean views, and the screened-in room off the kitchen is the perfect spot to take in the ocean breeze while sipping on a morning coffee or nightcap. Take a dip in the pool, relax under the Tiki, or sunbathe on the property's large sandy beach. The mature tropical landscaping and gated yard provide a secluded paradise so you and your guests to escape. If you want to do something more active, take a kayak or paddleboard and explore nearby islands around Garden Cove and North Sound Creek. You can also take a quick boat ride to molasses reef, rich fishing grounds, or a 10-minute boat ride will get you to Ocean Reef Club. When you get hungry, grab fresh seafood at one of the local restaurants (with that Key's charm) just a short walk from the house. Or, you can enjoy a meal in the home's dining room that accommodates 18 people. The home contains luxury furnishings and fixtures throughout, all of which convey with the home. Rather than pay millions more for a comparable home at Ocean Reef Club, this home is a short car or boat ride to Ocean Reef with MUCH more potential. Unlike most estate homes in the Keys, this property is located in the Mixed Use (MU) zoning district that allows for short-term vacation rentals. The house can sleep 17 people, with no rental restrictions! This is very rare for the Keys. You are not limited to 1 week or 28-day rentals. You can rent nightly! The current owner has operated the property as a vacation rental and nets approximately $300K annually. The sale includes the adjoining lot (Folio 00539680-000000), which is currently encompassed in the property's yard. The owner has a full set of construction plans for a 2,200+ sq. ft. guest house that could be built should the buyer want to expand.

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    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Doug Mayberry Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
    www.dougmayberry.com/homes/96434170

    57 Garden Cove Drive Key Largo, FL 33037

    • Price: $4,999,000
    • Status: Active
    • Updated: 45 min ago
    • MLS #: 586333
    6
    Beds
    1
    Baths
    0
    ½ Baths
    0.11
    Acres
    4,224
    SQFT
    $1,183
    $/SQFT
    2014
    Built
    Neighborhood:
    Ocean Isle Estates (106.0)
    County:
    Monroe
    Area:
    27 - Key Largo Mm 97-107
    Property Description
    Outstanding Oceanfront Estate Home perfectly situated 5 minutes from Ocean Reef Club and 30 minutes from Miami on a point lot with direct access to John Pennekamp Coral Reef State Park. This 5,100 square foot, 6 bedroom, 5.5 bath estate sits on .72 acres with 300 linear feet of water frontage. It features many luxury appointments and finishes including an ADA accessible elevator, Italian marble floors, sub-zero refrigerator, wine chiller, wet bar, granite countertops, stainless steel appliances, and hard wood cabinets. This is a solid CBS building built in 2014 with a 50-year metal roof and hurricane impact windows and doors throughout.Enjoy floor to ceiling ocean vistas from the main living area or experience 180 degree ocean views from the master bedroom. Open porches make you feel like the ocean is at your feet. All bedrooms have ocean views, and the screened-in room off the kitchen is the perfect spot to take in the ocean breeze while sipping on a morning coffee or nightcap. Take a dip in the pool, relax under the Tiki, or sunbathe on the property's large sandy beach. The mature tropical landscaping and gated yard provide a secluded paradise so you and your guests to escape. If you want to do something more active, take a kayak or paddleboard and explore nearby islands around Garden Cove and North Sound Creek. You can also take a quick boat ride to molasses reef, rich fishing grounds, or a 10-minute boat ride will get you to Ocean Reef Club. When you get hungry, grab fresh seafood at one of the local restaurants (with that Key's charm) just a short walk from the house. Or, you can enjoy a meal in the home's dining room that accommodates 18 people. The home contains luxury furnishings and fixtures throughout, all of which convey with the home. Rather than pay millions more for a comparable home at Ocean Reef Club, this home is a short car or boat ride to Ocean Reef with MUCH more potential. Unlike most estate homes in the Keys, this property is located in the Mixed Use (MU) zoning district that allows for short-term vacation rentals. The house can sleep 17 people, with no rental restrictions! This is very rare for the Keys. You are not limited to 1 week or 28-day rentals. You can rent nightly! The current owner has operated the property as a vacation rental and nets approximately $300K annually. The sale includes the adjoining lot (Folio 00539680-000000), which is currently encompassed in the property's yard. The owner has a full set of construction plans for a 2,200+ sq. ft. guest house that could be built should the buyer want to expand.
    Exterior Features

    Above Flood Yes Construction Cbs Dockage Other Dockage Dockage Dock Composite Exterior Features Chickee HutStorage Land Size 1/2 - Less Than 1 Ac Pool Info In Ground Pool YN Yes Roof Metal Roof Side Ocean Stilt Column Height Medium - 5Ft - 9Ft Style Single Family Vehicle Storage Guest ParkingOpen Parking Waterfront OceanfrontOpen Water Waterview Ocean ViewOpen Water View

    Interior Features

    Appliances DishwasherDryerMicrowaveRangeWasherWine Cooler Cooling Heating Central A/C Floor Marble Interior Features Elevator Pre Wired Cable Specialty Rooms Other Windows Doors Impact Rstnce DoorsImpact Rstnce Window

    Property Features

    Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No Auction No Bank Owned No Bank Owned Financial Status No City Key Largo Condition New ConstructionUpdated/Remodeled Control Depth 8 Deed Restrictions Unknown Fee Includes Other Flood Zone AeAe Handicap Access Yes Listing Board Florida Keys Mile Marker 106.00 Off Shore Island No Pets Pets Allowed Potential Short Sale No Potential Short Sale Financial Status No Public Sewer Hookup Yes Rentals Allowed Yes Species List No Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2017 Taxes 17307.24 Terms CashConventional Title Title Ins - Buyer Total Units 0.00 Transient License Yes Utilities Cable Available Zoning Mu - M - Mixed Use - Maritime

    Listing courtesy of Robert Ecuyer of Swenson & Ecuyer Realty.


    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Doug Mayberry Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
     
    Doug Mayberry Real Estate
    1075 Duval Street, Suite C23
    Key West FL, 33040