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For sale
    • $2,890,000

    34 Atlantic Dr, Key Largo, FL 33037

    5beds
    3,112sqft
    : 
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    Multi Family
    Built in 1943
    -- sqft lot
    $-- Zestimate®
    $929/sqft
    $-- HOA

    What's special

    Direct ocean accessDirect oceanfront compoundUnparalleled oceanfront livingTwo distinct homesBright comfortable living spacesSweeping ocean viewsSecluded coastal haven
    Huge Direct Oceanfront Compound -- One-of-a-Kind with 276-Foot Concrete DockAdjacent 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.The primary residence features a Modern Style 3 bedrooms and 2 full baths, offering bright, comfortable living spaces and sweeping ocean views. The second home, complete Modern Style 2 bedrooms and 2 baths on a separate meter, is ideal for guests, or extended family.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, Turn-KeyDirect ocean access -- idea for boating on the Ocean or Bay.Steps from John Pennekamp Coral Reef State ParkPerfect for entertaining, investing, or creating a family retreatUnmatched privacy and coastal lifestyle potential.
    68 days
    |
    614
    |
    28
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracey E. Petrusha 305-896-1080,

    Venture Realty Group,

    Michael Petrusha 954-608-4901,

    Venture Realty Group

    Source: FLKMLS,MLS#: 619621MLS LogoOriginating MLS: Florida Keys

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: More Appliances, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer, Washer
      Features
      • Granite Counters, Walk-In Closet(s)
      • Flooring: Tile
      • Doors: Impact Rstnce Doors
      • Windows: Impact Rstnce Window
      Interior area
      • Total interior livable area: 3,112 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage, RV Parking Open
      • Has garage: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: One,Ground Level
      • Stories: 1
      • Patio & porch: Open Porch/Balcony, Patio
      • Exterior features: Built-in Barbecue, Outdoor Kitchen, Lighting
      • Has private pool: Yes
      • Pool features: In Ground, Concrete
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: Open Water, Waterfront, Dock: Concrete
      Lot
      • Size: 0.98 Acres
      • Features: More than 1 Lot
      Details
      • Parcel number: 00564760000000
      • Zoning: IS
      • Zoning description: Improved Subivision District
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • CBS, Concrete
      • Roof: Metal
      Condition
      • Year built: 1943

      Utilities & green energy

      • Sewer: Municipal Sewer, Public Sewer
      • Utilities for property: FKAA, Buyer to Verify

      Community & HOA

      Community
      • Features: Community Boat Ramp
      • Subdivision: Ocean Reef Shores (905.0)
      HOA
      • Has HOA: Yes
      • Services included: None
      Location
      • Region: Key Largo

      Financial & listing details

      • Price per square foot: $929/sqft
      • Tax assessed value: $1,738,453
      • Annual tax amount: $13,133
      • Date on market: 4/24/2026
      • Listing terms: Cash,FHA,VA Loan,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $7,891/mo

        Price history

        DateEventPrice
        4/24/2026Listed for sale$2,890,000+41%$929/sqft
        Source: MIAMI #A12006854 Report a problem
        5/5/2025Sold$2,050,000-6.8%$659/sqft
        Source: FLKMLS #613125 Report a problem
        4/9/2025Contingent$2,199,999$707/sqft
        Source: FLKMLS #613125 Report a problem
        3/17/2025Pending sale$2,199,999$707/sqft
        Source: FLKMLS #613125 Report a problem
        3/17/2025Contingent$2,199,999$707/sqft
        Source: FLKMLS #613125 Report a problem
        1/14/2025Listed for sale$2,199,999-4.3%$707/sqft
        Source: FLKMLS #613125 Report a problem
        6/29/2024Listing removed$2,299,0000%$739/sqft
        Source: MIAMI #A11433108 Report a problem
        3/5/2024Listing removed--
        Source: Key West AOR #606356 Report a problem
        8/17/2023Price change$2,300,000+0%$739/sqft
        Source: MIAMI #A11433108 Report a problem
        8/17/2023Listed for sale$2,299,000+15%$739/sqft
        Source: Key West AOR #606356 Report a problem
        6/22/2023Listing removed--
        Source: FLKMLS #603501 Report a problem
        2/3/2023Price change$1,999,000-11.1%$642/sqft
        Source: MIAMI #A11288257 Report a problem
        11/28/2022Price change$2,249,000-10%$723/sqft
        Source: MIAMI #A11288257 Report a problem
        10/13/2022Listed for sale$2,499,000+177.7%$803/sqft
        Source: MIAMI #A11288257 Report a problem
        2/4/2019Sold$900,000$289/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,133 +10.3%$1,122,454 +10%
        2024$11,902 +4.4%$1,020,413 +10%
        2023$11,405 +20.2%$927,648 +12.9%
        2022$9,486 +16.7%$821,334 +10%
        2021$8,130 -0.9%$746,667 -0.2%
        2020$8,207 $748,156 -16.6%
        2019$8,207 -13.2%$897,306 +2.4%
        2018$9,456 +6.4%$876,225 +0.1%
        2017$8,886 +3.9%$875,458 +5.7%
        2016$8,549 +2.7%$828,549 -0.1%
        2015$8,323 $829,195

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33037

        Getting around

        0 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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