$3,400,000
SOLD DEC 19, 2025

505 Caribbean Dr Key Largo, FL 33037

4 Beds
3 Baths
4,204 Sq Ft
0.28 Acres

Recently Sold

$809 Per Sq Ft

15% Below List Price

83 Days on Market

Highlights

  • Boat Ramp
  • Dock made with concrete
  • Harbor Views
  • Coral Shores High School Rated A
  • Concrete Pool
  • 1-minute walk to Schwingggg

About This Home

As of December 2025

'Every day feels like vacation at this Key Largo waterfront haven--where sunsets glow over the canal and the Keys lifestyle begins at your own dock.' 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 to 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 marble, stone flooring and quality finishes throughout. The massive owner's suite is a true retreat, complete with a spa-inspired bath, private balcony, and plenty of room to unwind. Three additional bedrooms and two bathrooms ensure comfort and privacy for family and friends. Outdoors, enjoy resort-style amenities including a sparkling pool with spa, expansive sun decks, and a covered entertaining patio perfect for lounging, dining, and enjoying Keys breezes. The property is surrounded by lush tropical landscaping, providing privacy and a true island feel.Boaters will appreciate the concrete dockage along the wide canal, offering unmatched convenience and room for multiple vessels.Private gated entry with covered parking and storage.Outdoor living with pool, spa, and multiple lounging areasJust one hour from Miami, this home is the perfect blend of luxury, privacy, and world-class boating access. The perfect holiday getaway home or full time residence.Seller Financing Possible.

Last Agent to Sell the Property

Terry Canto

American Caribbean Real Estate, Christie's International Real Estate License #626852 Listed on: 08/24/2025

Last Buyer's Agent

Terry Canto

American Caribbean Real Estate, Christie's International Real Estate License #626852 Listed on: 08/24/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,985

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Property is zoned IS - Improved Subivision District

Property Views

  • Harbor
  • Canal

Home Design

  • Widow's Walk
  • Concrete Roof
  • Metal Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 4,204 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Workshop
  • Storage
  • Tile Flooring
  • Impact Glass

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport
  • Electric Gate

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Davits
  • Dock made with concrete
  • Balcony
  • Deck
  • Patio
  • Lanai
  • Exterior Lighting
  • Gazebo
  • Outdoor Storage
  • Tiki or Chickee Hut
  • Attached Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00453475-012100

Community Details

Overview

  • No Home Owners Association
  • Port Largo Subdivision

Amenities

  • Lobby

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,985

Year Built

Built in 2001 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 375.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 100.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 18984.70
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Trailer Storage, Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2001
  • Alternate Key Number: 1556301
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 12196.00
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony, Deck, Patio, Widow's Walk, Roof Top Deck
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 4204.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Quartz Countertops, Walk-in Closet(s), Storage, Lobby, Granite Counter Top, Entrance Foyer, Pantry, Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Workshop
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Stucco, Concrete
  • Exterior Features: Built-in Grill, Storage, Sprinkler System, Privacy Wall/Fence, Outdoor Shower, Lanai, Lighting, Rain Gutters, Gazebo, Fencing, Chickee Hut
  • Roof: Metal Roof, Concrete Roof
  • Waterview: Canal View, Harbor/Marina View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00453475-012100
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.28

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2004
Sold by
Tejidor Leon E and Tejidor Maria Elena
Bought by
Tejidor Investments Ltd

Purchase Details

Closed on
Mar 16, 2000
Sold by
Reboredo Elizabeth
Bought by
Tejidor Leon E and Tejidor Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,400
Interest Rate
8.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 1996
Sold by
Alvarez Eladio
Bought by
Reboredo Elizabeth

Purchase Details

Closed on
Feb 1, 1989
Bought by
Tejidor Investments Ltd

Purchase Details

Closed on
Jan 1, 1986
Bought by
Tejidor Investments Ltd

Purchase Details

Closed on
Dec 1, 1980
Bought by
Tejidor Investments Ltd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $283,000 --
Quit Claim Deed -- --
Warranty Deed $80,000 --
Warranty Deed $80,000 --
Warranty Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $486,400 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2025 12/19/25 Sold $3,400,000 -10.3% $809 / Sq Ft
11/15/2025 11/15/25 Pending -- -- --
10/30/2025 10/30/25 Price Changed $3,790,000 -5.1% $902 / Sq Ft
08/24/2025 08/24/25 For Sale $3,995,000 -- $950 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 616251

Florida Keys Board of REALTORS®

APN: 00453475-012100