diff --git a/dvc/data_cloud.py b/dvc/data_cloud.py
index 12d40317a7..9eeead819b 100644
--- a/dvc/data_cloud.py
+++ b/dvc/data_cloud.py
@@ -1,10 +1,12 @@
 """Manages dvc remotes that user can use with push/pull/status commands."""
 
+import json
 from collections.abc import Iterable
-from typing import TYPE_CHECKING, Optional
+from typing import TYPE_CHECKING, ClassVar, Optional
 
 from dvc.config import NoRemoteError, RemoteConfigError
 from dvc.log import logger
+from dvc.utils import bytes_hash
 from dvc.utils.objects import cached_property
 from dvc_data.hashfile.db import get_index
 from dvc_data.hashfile.transfer import TransferResult
@@ -19,15 +21,69 @@
 
 
 class Remote:
+    _CACHE: ClassVar[dict[tuple[str, ...], "FileSystem"]] = {}
+    _NAME_TO_KEY: ClassVar[dict[str, tuple[str, ...]]] = {}
+
     def __init__(self, name: str, path: str, fs: "FileSystem", *, index=None, **config):
         self.path = path
         self.fs = fs
         self.name = name
         self.index = index
-
         self.worktree: bool = config.pop("worktree", False)
         self.config = config
 
+        self._ensure_cached_fs()
+
+    @classmethod
+    def _fs_cache_key(
+        cls,
+        remote_name: str,
+        fs_cls,
+        config: dict,
+        fs_path: str,
+    ) -> tuple[str, ...]:
+        serialized_config = json.dumps(config, sort_keys=True, default=str)
+        config_hash = bytes_hash(serialized_config.encode("utf-8"), "sha256")
+        return (
+            remote_name.lower(),
+            fs_cls.__module__ or "",
+            getattr(fs_cls, "__qualname__", getattr(fs_cls, "__name__", "")),
+            fs_path,
+            config_hash,
+        )
+
+    def _close_fs(self) -> None:
+        close = getattr(self.fs, "close", None)
+        if callable(close):
+            close()
+
+    def _ensure_cached_fs(self) -> None:
+        cls = type(self)
+        cache_key = cls._fs_cache_key(
+            self.name,
+            type(self.fs),
+            self.config,
+            self.path,
+        )
+
+        cached_fs = cls._CACHE.get(cache_key)
+        if cached_fs is not None and cached_fs is not self.fs:
+            self._close_fs()
+            self.fs = cached_fs
+        else:
+            cls._CACHE[cache_key] = self.fs
+
+        name_key = self.name.lower()
+        prev_key = cls._NAME_TO_KEY.get(name_key)
+        if prev_key and prev_key != cache_key:
+            prev_fs = cls._CACHE.pop(prev_key, None)
+            if prev_fs is not None and prev_fs is not self.fs:
+                close = getattr(prev_fs, "close", None)
+                if callable(close):
+                    close()
+
+        cls._NAME_TO_KEY[name_key] = cache_key
+
     @cached_property
     def odb(self) -> "HashFileDB":
         from dvc.cachemgr import CacheManager
@@ -100,13 +156,20 @@ def get_remote(
                 if version_aware is None:
                     config["version_aware"] = True
 
-            fs = cls(**config)
-            config["tmp_dir"] = self.repo.site_cache_dir
+            fs_config = dict(config)
+            fs = cls(**fs_config)
+            runtime_config = {**fs_config, "tmp_dir": self.repo.site_cache_dir}
             if self.repo.data_index is not None:
                 index = self.repo.data_index.view(("remote", name))
             else:
                 index = None
-            return Remote(name, fs_path, fs, index=index, **config)
+            return Remote(
+                name,
+                fs_path,
+                fs,
+                index=index,
+                **runtime_config,
+            )
 
         if bool(self.repo.config["remote"]):
             error_msg = (