Home34 Atlantic Drive, Key Largo, FL 33037

Residential in Key Largo

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. 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 dockDirect 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.

Property Highlights

Roof

  • Metal

View

  • Ocean

Sewer

  • Public Sewer

Levels

  • One

Cooling

  • Ceiling Fan(s)
  • Central Air

Heating

  • Central

Flooring

  • Tile

Amenities

  • Other

Appliances

  • Dishwasher
  • Dryer
  • Electric Range
  • Microwave
  • Refrigerator
  • Washer

Possession

  • Close Of Escrow
  • Negotiable

Room Types

  • MaidIn-Law Quarters
  • Other

Water View

  • Ocean

WaterSource

  • Public

PoolFeatures

  • In Ground

Restrictions

  • Lease Restrictions

Water Access

  • Ocean Access

Water Source

  • Public

Listing Terms

  • Cash
  • Conventional
  • FHA
  • FHA-VA Approved

Pool Features

  • In Ground

Balcony Details

  • Balcony - Open

ParkingFeatures

  • Boat Access/Parking
  • Circular Driveway
  • Covered
  • Driveway
  • Guest
  • RV Access/Parking

Tax Information

  • Tax Reflects No Exemptions

ExteriorFeatures

  • Balcony
  • Built-in Barbecue

InteriorFeatures

  • Built-in Features
  • Kitchen Island

Parking Features

  • Boat AccessParking
  • Circular Driveway
  • Covered
  • Driveway
  • Guest
  • RV AccessParking

Exterior Features

  • Built-in Barbecue

Interior Features

  • Built-in Features
  • Kitchen Island

ArchitecturalStyle

  • Other

Master BedroomBath

  • 2 Master Baths
  • Master Bdrm - Ground
  • Master Bdrm - Upstairs

Property Condition

  • Resale

WaterfrontFeatures

  • Ocean Access
  • Ocean

Acreage Description

  • 14 To Less Than 12 Acre Lot

Architectural Style

  • Other

Waterfront Features

  • Ocean

AssociationAmenities

  • Other

Showing Requirements

  • 24 Hour Notice
  • Appointment Only

Outdoor Living Spaces

  • Balcony

Boat and Dock Features

  • Deeded Private Dock
  • Ramp

Construction Materials

  • CBS

Leasing Permitted Details

  • Okay To Lease With Restrictions

Property Details

Property TypeResidential
StyleSingle Family Residence
Year Built1943
CountyMonroe
SubdivisionKnowlson Colony
Bedrooms5
Baths4
WaterfrontYes
Private PoolYes
Annual Tax$13,133 (2025)
Listing OfficeLoKation
Listing AgentTracey E Petrusha
Office Phone954-545-5583

34 Atlantic Drive, Key Largo, FL 33037, Key Largo, FL 33037