About This Home

This 5-bedroom, 4-bathroom single family at 34 Atlantic Drive in Key Largo, FL is listed for $2,890,000. Built in 1943, on a N/A lot.

Key Features

  • Built in 1943
  • Private pool
  • Waterfront

Property Details

1 story
4 full
2-car garage
1943

Amenities

PoolWaterfrontViewA/CRV Parking
Listing Description

Huge Direct Oceanfront Compound - One-of-a-Kind with 276-Foot Concrete Dock Adjacent 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 dock Direct ocean access - idea for boating on the Ocean or Bay. Steps from John Pennekamp Coral Reef State Park Perfect for entertaining, investing, or creating a family retreat Unmatched privacy and coastal lifestyle potential.

Monthly Cost Estimate

$15,456/mo

20% down · 6.5% · 30 years

Principal$2,090
Interest$12,523
Insurance$843

Estimates only. Actual payments may vary.

Location

34 Atlantic Drive

Key Largo, FL 33037

Knowlson Colony

Features & Amenities

Interior Features

Built-in FeaturesBedroom on Main LevelKitchen IslandUpper Level Primary

Exterior Features

BalconySecurity/High Impact DoorsOutdoor Grill

Property Details

Flooring

Tile

Construction

Block

Views

Ocean

Pool Features

Pool

Parking

CoveredDrivewayRVGuest

Heating

Central

Cooling

Ceiling Fan(s)Central Air

Appliances

DryerDishwasherElectric RangeMicrowaveRefrigeratorWasher

Questions & Answers

This 5-bedroom, 4-bathroom single family at 34 Atlantic Drive is listed at $2,890,000. The estimated monthly payment is $15,456 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1943, Private pool, Waterfront. Interior Features: Built-in Features, Bedroom on Main Level, Kitchen Island. Exterior Features: Balcony, Security/High Impact Doors, Outdoor Grill.

This property is listed by Tracey Petrusha and can be reached at 3058961080.

TP

Tracey Petrusha

License 0651549

Agent at LoKation Real Estate

(305) 896-1080
Agent website

Listed by LoKation Real Estate · Broker phone: (954) 545-5583 · View on Broker Site · Broker website

MLS# A12006854· Source: Miami REALTORS®· 156 days on PropertySimple

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

34 Atlantic Drive, Key Largo, FL 33037

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