34 Atlantic Drive, Key Largo, FL 33037

$2,890,000 — Active

Property Features

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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 Details

  • Listing ID: A12006854
  • Status: Active
  • Listing Date: 2026-04-24
  • Property Type: Single Family Residence
  • Subdivision: Knowlson Colony
  • County: Monroe
  • MLS Area: 5940 - Other Florida County
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Living Area Sq Ft: N/A
  • Year Built: 1943

Financial

  • List Price: $2,890,000
  • HOA Fee: None
  • Taxes: $13,133/yr

Features & Amenities

  • View: Ocean
  • Parking: Circular Driveway, Covered, Driveway, Guest, RV Access/Parking, Boat
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Flooring: Tile
  • Construction: CBS
  • Roof: Metal
  • Interior Features: Built-in Features, Kitchen Island
  • Exterior Features: Built-in Barbecue, Balcony
  • Community Amenities: Other

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© 2026 Starfish Real Estate. Listings updated Nov 8, 2026 2:03 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.