Quantifying the response of plant diversity to large‐scale restoration is essential for measuring management success. One of the world's largest restoration efforts began in 2000 in the Everglades ecosystem in Florida, United States, through the Comprehensive Everglades Restoration Plan. In coordination with ongoing fire management, this restoration effort aims to restore natural hydrologic and fire regimes in this dynamic ecosystem. Restored water and fire regimes in the Everglades interact along an elevational gradient between seasonally inundated marl prairie and frequently burned pine rockland on Long Pine Key in Everglades National Park. To determine the impact of management on plant community richness and composition, we resampled transects spanning the elevational gradient between marl prairie and pine rockland initially sampled prior to the implementation of current restoration efforts (circa 1997–1999). We measured percent plant cover and developed generalized linear mixed models to determine the effects of fire frequency, average water depth, and elevation on plant species richness and composition across the two time periods. Additionally, we used species‐level random effects to examine how individual species respond to each environmental variable. We failed to detect any systematic shifts in plant composition in response to fire and water management. However, we found that complex interactions between fire and water structure plant composition and maximize species richness along gradients of water depth and elevation, with low, moderate, and high burn frequencies increasing richness in wet, moderately wet, and dry sites, respectively.