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Listed By:
This listing is courtesy of LoKation
Address
34 Atlantic Drive, Key Largo, FL
Price
$ 2,890,000
Property Attributes
  • MLS#A12006854
  • TypeSingle Family
  • Listing Status Active
  • CountyMonroe
  • CityKey Largo
  • Area98 Florida Keys
  • NeighborhoodKnowlson Colony
  • Zip33037
  • Style
  • Year Built1943
  • Taxes$ 13133
  • Price$ 2,890,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

Huge Direct Oceanfront Compound — One-of-a-Kind with 276-Foot Concrete Dock Adjacent to World-Famous John Pennekamp, Coral Reef State Park & Molasses Reef. Discover a truly exceptional and private oceanfront compound designed for boating enthusiasts, investors, or multi-generational living. Spread across three expansive lots, this rare property includes two distinct homes and direct water access — a combination that’s nearly impossible to find in today’s market. Seller will consider all reasonable offers. The primary residence features 3 bedrooms and 2 full baths, offering bright, comfortable living spaces and sweeping ocean views. The second home, complete with 2 bedrooms and 2 baths on a separate meter, is ideal for guests, extended family, or short-term rental opportunities. Step outside to unparalleled oceanfront living with a 276-foot concrete dock, perfect for accommodating large vessels, fishing, and launching watercraft. The grounds offer generous room for entertaining, expansion, or simply enjoying the peaceful surroundings of this secluded coastal haven. Highlights: 3 lots with two homes and a 276-ft dock Direct ocean access — idea for boating on the Ocean or Bay. Steps from John Pennekamp Coral Reef State Park Perfect for entertaining, investing, or creating a family retreat Unmatched privacy and coastal lifestyle potential.

Price History
4/24/2026 Listed $2,890,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air,Ceiling Fan(s)
Possession Closing & Funding,Close Of Escrow
Roof Metal
Appliances Dryer,Dishwasher,Electric Range,Microwave,Refrigerator,Washer
Garage Spaces 2
Patio/Porch Features Balcony,Open
Architectural Style Detached,Other,One Story
Pool Features In Ground,Pool
Restrictions OK To Lease,Rental Restriction
Construction Materials Block
Year Built 1943
View Ocean
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Ocean Access,Ocean Front
Community Features Other
County Monroe
Property Type Residential
Subdivision Name Knowlson Colony
Facing Direction North
Garage Y/N true
Other Structures Guest House
Full Baths 4
Status Active
Directions Use GPS/Off of the 905 Old Road, Turn on Gulfstream Dr. Then Right on NE 1st St& Left on Atlantic Dr.
City Key Largo
Disclosures None
Senior Community Y/N false
Zoning Description Multi-Family Duplex
MLS Area 98 Florida Keys
Lot Size Units Square Feet
Listing Terms Cash,Conventional,FHA,VA Loan
Year Built Details Resale
Tax Annual Amount 13133
MLS Area Minor Other Geographic Area (Out Of Area Only)
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12006854
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Single Family Residence
PostalCity Key Largo
Legal Description Pt Tract B 1st Addn To Knowlson Colony Key Largo Pb3-110 Or518-1019 Or759-410 Or1422-1595 Or2947-0414 Or3325-1282

Interior Features

Interior Amenities Built-in Features,Bedroom on Main Level,Kitchen Island,Upper Level Primary
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 5
Total Baths 4

Exterior Features

Exterior Amenities Balcony,Security/High Impact Doors,Outdoor Grill
Parking Features Circular Driveway,Covered,Driveway,Guest,RV Access/Parking
Lot Features 1/4 to 1/2 Acre Lot
Water Source Public
Frontage Length 55
Private Pool true
Waterfront Y/N true
Covered Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33037

Price
AVG $1.91M
$2.89M
Taxes
AVG $8,858
$13,133
Year Built
AVG 1997
1943

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