Premier Brokers International
34 Atlantic Drive, Key Largo, FL 33037
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12006854
$2,890,000

34 Atlantic Drive, Key Largo, FL 33037

Beds
5
Baths
4
Sqft
—
Est. payment$17,535/mo
Home type
Single Family Residence
Year built
1943
Lot size
—
Price / sqft
—
HOA
$0/mo
Community
Knowlson Colony

Property description

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.

Listing activity

Days on market
153
Listed
Apr 24, 2026
MLS listing updated
Sep 24, 2026
Feed last checked
14 minutes ago

Listed by Tracey E Petrusha · LoKation

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
5
Bathrooms
4
Bathrooms (decimal)
4
Full bathrooms
4

Rooms & features

Rooms
2
Interior features
Built-in Features, Kitchen Island
Flooring
Tile
Appliances
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer

Heating & cooling

Heating
Central
Cooling
Ceiling Fan(s), Central Air
Property

Parking

Garage spaces
2
Garage
Yes
Covered spaces
2
Parking features
Boat Access/Parking, Circular Driveway, Covered, Driveway, Guest, RV Access/Parking
Attached garage
No

Exterior

Stories
1
Exterior features
Balcony, Built-in Barbecue
Pool
Yes
Pool features
In Ground
View
Ocean
Waterfront
Ocean Access, Ocean
Waterfront property
Yes

Lot

Zoning
Multi-Family Duplex
Construction

Type & style

Home type
Single Family Residence
Architectural style
Other
Year built
1943
New construction
No

Materials

Construction
CBS
Roof
Metal
Property condition
Resale
Levels
One
Faces
North
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Community & HOA

Community

Subdivision
Knowlson Colony
MLS area
5940 - Other Florida County
MLS subarea
Other
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Amenities
Other
Lease details

Not reported by the listing source.

Location

Area details

City
Key Largo
County
Monroe
ZIP code
33037
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12006854
Possession
Close Of Escrow, Negotiable
Original list price
$2,890,000
Parcel number
00564760000000
Annual property tax
$13,133
Tax year
2025
Tax legal description
Pt Tract B 1st Addn To Knowlson Colony Key Largo Pb3-110 Or518-1019 Or759-410 Or1422-1595 Or2947-0414 Or3325-1282
Additional MLS details

Reported by the listing source

Association Amenities
Other
Association
No
Bathrooms Total Decimal
4
Bathrooms Total Integer
4
Construction Materials
CBS
County Or Parish
Monroe
Days On Market
153
Direction Faces
North
Elementary School
Key Largo
High School
Coral Shores
List Price
2890000
Listing Contract Date
2026-04-24
MLSArea Major
5940 - Other Florida County
MLSArea Minor
Other
Middle Or Junior School
Key Largo
Mls Status
Active
On Market Date
2026-04-24
Photos Count
100
Postal Code
33037
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
2
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-04-24T04:00:00Z
Stories Total
1
Subdivision Name
Knowlson Colony
Water Source
Public
Waterfront Features
Ocean Access, Ocean
Tax Annual Amount
13133
Bathrooms Full
4
Pool Private
Yes
Bedrooms Total
5

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Apr 24, 2026ListedMIAMI REALTORS® MLS$2,890,000

Public tax history

YearProperty taxesAssessment
2025$13,133—

Payment calculator

Estimated monthly payment$17,535/moIllustrative estimate, not a loan offer.
Principal & interest
$14,996
Property taxes
$1,094
Insurance
$1,445
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

Knowlson Colony

Key Largo · Monroe County · 33037

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Key LargoElementary
—
Key LargoMiddle
—
Coral ShoresHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of LoKation. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.