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Deep-Water Marina Property
For Sale
$5,200,000

522 Caribbean Drive, Key Largo, FL 33037

Commercial Sale, Key Largo, FL

Property Size5,508 SF
Lot Size1.43 Acres
Price / SF$944.08
Days on Market656

Property Features for 522 Caribbean Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning UC - Urban Commercial Dis
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1
Subdivision Port Largo (100.0)
Directions Downtown Key Largo. Turn Oceanside onto Atlantic Blvd at the light near Walgreens, go past the new Pickle ball courts and the Key Largo Park, take the left onto Caribbean Dr. a short drive away.
Standard status Active
APN 00453475-013800
Lot size 1.43 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOTS 518 THRU 522 PORT LARGO FIFTH ADDITION KEY LARGO
Tax Annual Amount 32363
Legal Description LOTS 518 THRU 522 PORT LARGO FIFTH ADDITION KEY LARGO

Utilities

Heating system Electric (Heating)
Cooling system Central Air
Water front 1

Building Details

Year built 1983
Floors in Building 2
Flooring type Concrete
Building materials CBS
Roof type Concrete
Listing Agency: American Caribbean Real Estate, Christie's International Real Estate
Listed By: Amy L Bruggeman · License #3387593
Added: Dec 6, 2024 Changed: Sep 12 Last Checked: Sep 23 at 1:06AM
MLS# 612573

Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This marina property combines waterfront land, commercial improvements, and direct ocean access. The site includes a 5,508-square-foot concrete building with a concrete roof, along with more than 62,000 square feet of land across five combined lots. Each lot measures 100 by 125 feet. Commercial zoning is identified as UC - Urban Commercial Dis.

Boating-related infrastructure includes 500 feet of concrete deep-water dockage, gas and diesel tanks, and a sewage pump-out facility. The property also has three tenants in place under active leases. Built in 1983, the building features concrete flooring, central air, and electric heating.

Key Highlights

  • 500 ft. of concrete deep‑water dockage with direct ocean access
  • Five combined 100 x 125 ft. lots totaling 1.43 acres
  • 5,508 sq. ft. concrete building with concrete roof

Property Analytics

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Current Use

Rainbow Reef Dive ... (Bike/Boat/Book/etc) Store Sharkys Cafe & Coffee Shop Sharkey’s Sharkbite Grill Restaurant

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Electrical Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

620
Businesses Nearby

Demographics for 33037, FL

13,875
Population
10,494
Households
1.3
Avg Household Size
53
Median Age
41%
College-Educated
95%
High-School Grad
32.9 sq mi
ZIP Area
422
Density / Sq Mi
$80,911
Median Household Income
$40,641
Median Earnings
$1,896
Median Rent
$660,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Marina - Commercially zoned waterfront property with direct ocean access, dock infrastructure, and an existing concrete building.
Where is this marina located?
The property is located at 522 Caribbean Drive Key Largo, FL.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: 500 ft. of concrete deep‑water dockage with direct ocean access; Five combined 100 x 125 ft. lots totaling 1.43 acres; 5,508 sq. ft. concrete building with concrete roof
More about this property
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