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This Large property is on the Oceanside of Downtown Key Largo with 500 ft of concrete Deep Water Dockage that has direct ocean access. 5 combined lots of 100 x 125 ft each, where most lots in Port Largo are only 75 ft. X 125. 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 sewage pump out to service 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.

  • Bathrooms
    4
  • Year Built
    1983
  • Stories
    2.0
  • Parking Features
    Common
  • Flooring
    Concrete
  • Cooling
    Central Air
  • Heating
    Electric

  • Acres
    1.43
  • Water Front Features
    Canal Front
  • Water Front
    Yes
  • View
    Canal

  • Area
    27 - Key Largo MM 97-107
  • County
    Monroe
  • City
    Key Largo
  • Neighborhood
    Port Largo (100.0)
  • Zip Code
    33037

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Frequently Asked Questions

How do I schedule a tour of 522 Caribbean Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 522 Caribbean Dr.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 522 Caribbean Dr?

Click Ask a Question to talk with our team. You already know it is a N/A bed, 4 bath, listed for $5,200,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Key Largo, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 522 Caribbean Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 522 Caribbean Dr at around $32,289. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 522 Caribbean Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Monroe County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 522 Caribbean Dr?

In most cases, yes. Whether 522 Caribbean Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Key Largo's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 522 Caribbean Dr?

We can handle that for you. Our preferred local agent specializes in commercial sales in Key Largo and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

522 Caribbean Dr was listed on December 05, 2024, which means it's been on the market for 708 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1983, making it approximately 43 years old.

What is the lot size of this property?

522 Caribbean Dr sits on a 1.43-acre lot, which is 62,291 square feet.

What are the property taxes for 522 Caribbean Dr?

The most recent public record shows annual property taxes for 522 Caribbean Dr were approximately $32,363. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 522 Caribbean Dr still available for sale?

This home is under contract, but may still accept backup offers. Click ♥ to track updates or connect with our local expert to see if it's still worth pursuing.

Source: ez Home Search, MLS Data

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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2026 Florida Keys Board of REALTORS®, Inc.