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87445 Old Highway

Plantation Key, FL 33036
  • $3,995,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 620430
$3,995,000
  • 5
    BEDS
  • 1.82
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,014
    SQFT
  • $995
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1999
County:

School Ratings & Info

Description

Discover a rare opportunity to own an exceptional oceanfront estate in the heart of Islamorada that seamlessly combines luxury living with an established, successful vacation rental history. Situated on 1.82 private acres with approximately 225 feet of ocean frontage, this Residential Estate-zoned property is currently licensed for legal 7-day vacation rentals, making it one of the limited number of properties within the Village of Islamorada offering this highly sought-after privilege. With a documented history as a successful income-producing vacation rental, this property offers the opportunity to enjoy an extraordinary Florida Keys lifestyle while rental income may help offset the costs of ownership. A gated entrance welcomes you through a majestic Royal Palm-lined circular driveway to an impressive, covered portico. Inside, a dramatic foyer and elegant wrought-iron staircase set the tone for a home featuring five spacious bedrooms, four beautifully appointed bathrooms, and breathtaking ocean views throughout. Enjoy spectacular sunrises from the observation pier or relax year-round in the heated and chilled saltwater pool. The home is beautifully appointed with quartz countertops, premium appliances, impact-resistant windows, and exceptional craftsmanship throughout. Whether you're seeking a luxurious private residence or a proven income-producing property to help offset costs, this ideal combination of both is a remarkable Islamorada estate that offers an exceptional blend of privacy, oceanfront beauty, and one of the most desirable licensed weekly vacation rental opportunities in the Florida Keys.

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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 Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keyshomenetwork.com/homes/178209344
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87445 Old Highway Plantation Key, FL 33036

  • Price: $3,995,000
  • Status: Active
  • On Site: 21 Days
  • MLS #: 620430
5
Beds
4
Baths
0
½ Baths
1.82
Acres
4,014
SQFT
$995
$/SQFT
1999
Built
Neighborhood:
Plant Beach (87.5)
County:
Monroe
Area:
25 - Plantation Key
Property Description
Discover a rare opportunity to own an exceptional oceanfront estate in the heart of Islamorada that seamlessly combines luxury living with an established, successful vacation rental history. Situated on 1.82 private acres with approximately 225 feet of ocean frontage, this Residential Estate-zoned property is currently licensed for legal 7-day vacation rentals, making it one of the limited number of properties within the Village of Islamorada offering this highly sought-after privilege. With a documented history as a successful income-producing vacation rental, this property offers the opportunity to enjoy an extraordinary Florida Keys lifestyle while rental income may help offset the costs of ownership. A gated entrance welcomes you through a majestic Royal Palm-lined circular driveway to an impressive, covered portico. Inside, a dramatic foyer and elegant wrought-iron staircase set the tone for a home featuring five spacious bedrooms, four beautifully appointed bathrooms, and breathtaking ocean views throughout. Enjoy spectacular sunrises from the observation pier or relax year-round in the heated and chilled saltwater pool. The home is beautifully appointed with quartz countertops, premium appliances, impact-resistant windows, and exceptional craftsmanship throughout. Whether you're seeking a luxurious private residence or a proven income-producing property to help offset costs, this ideal combination of both is a remarkable Islamorada estate that offers an exceptional blend of privacy, oceanfront beauty, and one of the most desirable licensed weekly vacation rental opportunities in the Florida Keys.
Exterior Features

Architectural Style [] Attached Garage YN No Building Stories 3 Stories Construction Materials CBSConcrete Dockage Other Dockage Exterior Features Privacy Wall/Fence Garage YN Yes Parking Features [] Patio And Porch Features Open Porch/BalconyPatio Pool Features In GroundSalt Water Pool Heated Yes Pool Private YN Yes Roof Metal Roof Shutters Accordion Vehicle Storage GarageCarportOff Street ParkingCovered Parking View [] Waterview Ocean ViewOpen Water View Window Features [] Windows Doors Sliding Glass DoorsImpact Rstnce Window

Interior Features

Accessibility Features [] Appliances More AppliancesWasherDryerDishwasherRefrigeratorOvenMicrowaveStainless Steel Appliance(s) Cooling Central AirCeiling Fans(s) Cooling YN Yes Flooring Tile Furnished Unfurnished Heating CentralElectric Heating YN True Interior Drapes/Blinds InclSplit BedroomEntrance FoyerWindow TreatmentsQuartz Countertops Interior Features Quartz Countertops Laundry Features [] Levels [] Rooms Total 0

Property Features

Above Flood Unknown Association Fee 0 Association Fee Includes None Association YN No Association1st Right Of Refusal No Building Features [] Community Features [] Control Depth 3 Deed Restricts Unknown Electric [] Flood Zone AEAEAEVE Frontage Type [] Green Energy Generation [] Green Water Conservation [] Handicap Access No Land Size 1 Less Than 2 Acres Listing Terms [] Marathon Nbhd N/A Mile Marker 87.5 Min Rental Days 7 Other Equipment [] Other Structures [] Pets Allowed Yes Pre Wired Cable Property Condition [] Property Sub Type Single Family Residence Public Sewer Hookup Yes Rental Allowed Yes Security Features Electric GatePatrolled Area Special Licenses [] Tax Annual Amount 23895.75 Tax Legal Description Tr M Plantation Beach Pb2-76 Plantation Key Or559-723 Or781-687 Or1143-2292 Or1368-1602 Or1479-1205 Or1718-1824 Or2122-1 Tax Year 2025 Title Title Ins - Buyer Utilities [] Utilities Info FKAAMunicipal Sewer Water Source [] Waterfrnt Yes Waterfront OceanfrontOpen Water Waterfront Features [] Waterfront YN Yes Zoning RE - Residential Estate

Listing courtesy of Cheri Tindall 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 Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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