515 Caribbean Dr Key Largo, FL 33037
Key Largo AreaEstimated payment $14,447/month
Total Views
10,768
5
Beds
3
Baths
2,748
Sq Ft
$909
Price per Sq Ft
Highlights
- Hot Property
- Boat Ramp
- Home fronts a canal
- Coral Shores High School Rated A
- Boat Lift
- Stainless Steel Appliances
About This Home
Waterfront Boater's Paradise in Premier Port Largo Welcome to 515 Caribbean Drive, an exceptional waterfront property in sought-after Port Largo, one of the Upper Keys' premier boating neighborhoods. This solid CBS home, built in 1993, offers 2,748 sq. ft. of living space, 5 bedrooms, 3 baths, serious boating infrastructure, and direct open-ocean access through deep, wide canals. The home features custom cabinetry in the kitchen and baths, a 2019 metal roof, and a 13,000-pound boat lift with functional davits. But the true showstopper is downstairs: an extraordinary 3,144-square-foot climate-controlled garage, offering rare and highly versatile space for boats, vehicles, water toys, equipment, storage, or a workshop. Set on a 12,500-square-foot lot with 100 feet of seawall, this property is designed for the ultimate Keys lifestyle. Deep, wide canals provide an exceptional launch point for boating, fishing, diving, and exploring the Florida Keys and beyond. The location is equally compelling--approximately one hour from Miami, steps from Key Largo Park and Jacobs Aquatic Center, and minutes from excellent restaurants, shopping, and everyday conveniences. For the serious boater or anyone seeking an exceptional waterfront lifestyle, 515 Caribbean Drive offers a rare combination of open-ocean access, substantial climate-controlled garage space, 100 feet of seawall, and outstanding boating infrastructure in one of the Upper Keys' most desirable neighborhoods.
Listing Agent
Coldwell Banker Schmitt Key Largo License #3376345 Listed on: 08/21/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,893
Year Built
- Built in 1993
Lot Details
- 12,500 Sq Ft Lot
- Lot Dimensions are 100 x 125
- Home fronts a canal
- Property is zoned IS - Improved Subivision District
Parking
- Garage
Home Design
- Metal Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 2,748 Sq Ft Home
- Skylights
- Shutters
- Single Hung Windows
- Canal Views
- Impact Glass
Kitchen
- Oven
- Range
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Built-In or Custom Kitchen Cabinets
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Davits
- Boat Lift
- Boat Ramp
Utilities
- Central Air
Community Details
- Port Largo Subdivision
Listing and Financial Details
- Assessor Parcel Number 00453475013100
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,893 | $914,309 | ||
| 2024 | $7,287 | $888,542 | ||
| 2023 | $7,287 | $862,663 | $0 | $0 |
| 2022 | $6,861 | $837,537 | $0 | $0 |
| 2021 | $7,010 | $813,143 | $0 | $0 |
| 2020 | $6,966 | $801,917 | $0 | $0 |
| 2019 | $6,831 | $783,888 | $0 | $0 |
| 2018 | $6,783 | $763,384 | $0 | $0 |
| 2017 | $6,641 | $747,683 | $0 | $0 |
| 2016 | $6,735 | $732,305 | $0 | $0 |
| 2015 | $6,678 | $712,319 | $0 | $0 |
| 2014 | $6,812 | $706,666 | $0 | $0 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/03/2026 09/03/26 | Price Changed | $2,499,000 | -8.8% | $909 / Sq Ft |
| 08/21/2026 08/21/26 | For Sale | $2,740,000 | -- | $997 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $780,000 | Coral Reef Title Company | |
| Warranty Deed | $100 | -- | |
| Warranty Deed | $68,000 | -- | |
| Warranty Deed | $27,500 | -- | |
| Deed | $12,700 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $280,000 | Stand Alone First | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Public Records
About the Listing Agent
Phil’s connection to the Florida Keys began the moment he first dove the iconic Spiegel Grove in Key Largo. After an adventurous career that included captaining dive boats in the Cayman Islands, restoring reefs as a scientific diver, serving aboard a South Pacific research vessel, and spending more than 1,500 days at sea, he made Key Largo his permanent home—and has never looked back.
Since 2017, Phil has been helping buyers and sellers navigate the Florida Keys real estate market as a
Philip's Other Listings
-
$769,000 $86K PRICE DROP
- 2 Beds
- 1.5 Baths
- 947 Sq Ft
- 104350 Overseas Hwy
- Unit A-402 & Boat Slip
- Key Largo, FL
Source: Florida Keys Board of REALTORS®
MLS Number: 621052
APN: 00453475-013100
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