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89505 Old Highway

Plantation Key, FL 33070
  • $26,400,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 620022
UPDATED: 217 min ago
$26,400,000
  • 7
    BEDS
  • 7.64
    ACRES
  • 6
    BATHS
  • 4
    1/2 BATHS
  • 8,988
    SQFT
  • $2,937
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2008
County:

School Ratings & Info

Description

Escape to Palm Paradise, a breathtaking oceanfront estate on 7.64 private acres in Islamorada, offering 369 feet of shoreline and sweeping Atlantic views. Tucked behind gates on Plantation Key, this secluded retreat combines lush tropical landscaping with unmatched privacy for the ultimate island escape. The 8,988-square-foot main residence showcases exceptional craftsmanship and thoughtful design. One wing features a dramatic two-story primary suite with a private office, while the opposite wing includes four additional bedrooms and four bathrooms across two levels. A separate two-bedroom guest house provides extra space for visitors, and a whole-house generator adds convenience and peace of mind. Inside, custom woodwork, coffered ceilings, built-ins, and high-end finishes create a warm yet refined atmosphere. Amenities include a chef's kitchen, wine cellar, private gym, elevator, and seamless indoor-outdoor living spaces ideal for entertaining or relaxing by the water. Resort-style outdoor features include a custom pool, tiki bar, outdoor kitchen, beachside fire pit, putting green, observation pier, and a lighted tennis court with cabana. Convenient access by seaplane, helicopter, or a 90-minute drive from Miami makes travel effortless. Perfect for boating enthusiasts, the estate is near dockage and concierge dry storage options. Located in the heart of Islamorada, Palm Paradise offers easy access to world-class fishing, boating, dining, and the laid-back luxury of the Florida Keys. Offered at $26.4M, Palm Paradise is a rare opportunity to own a private waterfront compound ideal for luxury living, family retreats, or executive escapes.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Beach Club Brokers are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.kwrealhomesforsale.com/homes/176825891
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89505 Old Highway Plantation Key, FL 33070

  • Price: $26,400,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 217 min ago
  • MLS #: 620022
7
Beds
6
Baths
4
½ Baths
7.64
Acres
8,988
SQFT
$2,937
$/SQFT
2008
Built
Neighborhood:
Trop Coral Reef (89.0)
County:
Monroe
Area:
25 - Plantation Key
Property Description
Escape to Palm Paradise, a breathtaking oceanfront estate on 7.64 private acres in Islamorada, offering 369 feet of shoreline and sweeping Atlantic views. Tucked behind gates on Plantation Key, this secluded retreat combines lush tropical landscaping with unmatched privacy for the ultimate island escape. The 8,988-square-foot main residence showcases exceptional craftsmanship and thoughtful design. One wing features a dramatic two-story primary suite with a private office, while the opposite wing includes four additional bedrooms and four bathrooms across two levels. A separate two-bedroom guest house provides extra space for visitors, and a whole-house generator adds convenience and peace of mind. Inside, custom woodwork, coffered ceilings, built-ins, and high-end finishes create a warm yet refined atmosphere. Amenities include a chef's kitchen, wine cellar, private gym, elevator, and seamless indoor-outdoor living spaces ideal for entertaining or relaxing by the water. Resort-style outdoor features include a custom pool, tiki bar, outdoor kitchen, beachside fire pit, putting green, observation pier, and a lighted tennis court with cabana. Convenient access by seaplane, helicopter, or a 90-minute drive from Miami makes travel effortless. Perfect for boating enthusiasts, the estate is near dockage and concierge dry storage options. Located in the heart of Islamorada, Palm Paradise offers easy access to world-class fishing, boating, dining, and the laid-back luxury of the Florida Keys. Offered at $26.4M, Palm Paradise is a rare opportunity to own a private waterfront compound ideal for luxury living, family retreats, or executive escapes.
Exterior Features

Architectural Style [] Attached Garage YN Yes Building Stories 3 Stories Construction Materials CBSConcrete Dockage Other Dockage Exterior Features BarBuilt-in GrillChickee HutFencingGazeboDetached Guest QtrsHot TubLightingLanaiOutdoor KitchenOutdoor ShowerPrivacy Wall/FenceSandy BeachSprinkler SystemStorageTennis Court(s)Water Display Garage YN Yes Parking Features AttachedGarage Door Opener Patio And Porch Features Open Porch/BalconyDeckPatioScreened Patio Pool Features In GroundSalt WaterConcreteDecked Pool Heated Yes Pool Private YN Yes Roof Metal Roof Vehicle Storage GarageAttachedAuto Door OpenerCovered Parking Vehicle Storage Cars 4+ View [] Waterview Ocean ViewOpen Water View Window Features [] Windows Doors Impact Rstnce WindowImpact Rstnce Doors

Interior Features

Accessibility Features Accessible Elevator Installed Appliances WasherDryerDishwasherRefrigeratorRangeOvenMicrowaveDisposalGas AppliancesIce MachineWine CoolerStainless Steel Appliance(s) Cooling Central AirCeiling Fans(s)Ductless Cooling YN Yes Flooring TileWoodMarble Furnished Unfurnished Guest Servant Qtrs Legal Heating Central Heating YN True Interior Drapes/Blinds InclWet BarCathedral CeilingsSplit BedroomFireplace(s)Entrance FoyerBuilt-in CabinetsGranite Counter TopElevatorSecurity SystemSmoke AlarmsStorageWalk-in Closet(s)Bar Interior Features Built-in CabinetsGranite Counter TopElevatorSecurity SystemStorageWalk-in Closet(s)BarGymLoftSaunaSun/Florida Room Laundry Features Laundry Room Levels [] Rooms Total 0 Specialty Rooms GymLaundry RoomLoftSauna/Steam RoomSun/Florida RoomUtility Room

Property Features

Above Flood Unknown Association Fee 0 Association Fee Includes None Association YN No Association1st Right Of Refusal No Building Features [] Community Features Community Boat RampBeachBike Paths Control Depth 3 Deed Restricts Unknown Electric [] Flood Zone VEAEAEAEVEVE Frontage Type [] Green Energy Generation [] Green Water Conservation [] Handicap Access Yes Land Size 5 Less Than 10 Acres Listing Terms [] Marathon Nbhd N/A Mile Marker 89 Min Rental Days 7 New Construction YN No Other Equipment [] Other Structures [] Pets Allowed Yes Property Condition Updated/Remodeled Property Sub Type Single Family Residence Public Sewer Hookup Yes Rental Allowed With Restrictions Security Features Electric GatePatrolled AreaOn Premises System Special Licenses [] Tax Annual Amount 58331.33 Tax Legal Description 5 63 38 Plantation Key Or Long Island Pt Govt Lot 6 & Adj Bay Btm Se'ly G37-221 Or186-271(Ii Deed 22485) Or556-986/89 Or Tax Year 2025 Title Title Ins - Buyer Utilities Whole House GeneratrWater Separate MeterCable Available Utilities Info FKAAMunicipal SewerPropaneWhole House GeneratrWater Separate MeterCable Available Water Source [] Waterfrnt Yes Waterfront OceanfrontOpen Water Waterfront Features [] Waterfront YN Yes Zoning NR - Native Residential

Listing courtesy of Leslie Leopold of Ocean Sotheby's International Realty: 305-712-8888.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Beach Club Brokers are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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