This large canal front property offers many possibilities. With over 27,000 square feet of lot, this property presents a wonderful opportunity to design your island paradise. Renovate and enjoy the beautiful water views for a few years while designing your dream home or build to suit. Built in 1986, this waterfront property features 2,084 air-conditioned square feet in a true island-style floor plan, featuring three bedrooms, three baths, vaulted ceilings in the living room and pocket sliding doors that open to the pool patio and canal. This property provides unprecedented privacy and 70 ft. of water frontage in the exclusive community of Ocean Reef. Nestled in 2,500 secluded, tropical acres on the northernmost tip of Key Largo in the Florida Keys, Ocean Reef is considered one of the country's most comprehensive communities. Offering 1,700 waterfront estates, private homes, condominiums and boat slips, Ocean Reef also features an oceanfront Inn, full-service spa and salon, and an array of dining and shopping options. Leisure amenities include a world class 175-slip marina for boating, fishing and diving; championship golf courses; world-class tennis and lawn sports; art league; cultural center; and more. The Club is also equipped with a fully staffed Medical Center, gourmet grocery store, veterinary care and The Academy, an independent K-8th grade "school within a school". Located within an hour from Miami International Airport and 1.5 hours from Fort Lauderdale/Hollywood International Airport, Ocean Reef is also serviced by its own private 4,456-foot lighted runway.