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For Sale

89505 Old Highway

89505 Old Highway, Plantation Key, FL 33070

$28,800,000

Escape to Palm Paradise, a one-of-a-kind oceanfront estate in Islamorada, Florida Keys, where luxury and privacy intertwine on 7.64 secluded acres. This magnificent property boasts 369 feet of pristine ocean frontage, revealing breathtaking panoramic views from nearly every corner. The sprawling 8,988 square foot main residence boasts five spacious bedrooms, five full bathrooms, three half bathrooms, and an array of lavish amenities, including a chef's dream kitchen, a 500-bottle wine cellar, a private gym, an elevator, and a custom pool with a soothing water feature. Expansive outdoor living spaces beckon with a tiki bar, outdoor kitchen, beachside fire pit, lighted tennis court with cabana and half bathroom, and a private beach fringed with swaying palms. A separate two bedroom, one bathroom guest house provides privacy and comfort for visitors, while a whole-house generator ensures uninterrupted tranquility. Indulge in breathtaking sunrises from your private observation pier or perfect your short game on the estate's putting green. Palm Paradise is more than just a home; it's an invitation to embrace a life of unparalleled luxury, seclusion, and the laid-back allure of the Florida Keys.

7
beds

10
baths

8,988 Sq.Ft. LIVING AREA

4.76 Acres lot

Leslie Leopold

title Global Real Estate Advisor
PHONE 305.942.0215
EMAIL lleopold@oceansir.com

Cheri Tindall

title Broker Associate
PHONE 305.664.7661
EMAIL ctindall@oceansir.com

Features & Amenities

Interior

total bedrooms7
Total bathrooms10
full bathrooms6
half bathrooms4
Flooring Tile, Marble, Wood
APPLIANCES Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Gas Appliances, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
other interior Features Wet Bar, Built-in Cabinets, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Elevator, Granite Counter Top, Entrance Foyer, Fireplace(s), Split Bedroom, Cathedral Ceilings, Gym, Utility Room, Sun/Florida Room, Sauna/Steam Room, Loft, Laundry Room, Impact Rstnce Window, Impact Rstnce Doors

Area & Lot

Status For Sale
Living Area8,988 Sq.Ft.
Lot Area4.76 Acres
MLS® ID616051
TypeResidential
YEAR BUILT2008
NeighborhoodIslamorada
Water FrontageOceanfront, Open Water
View DescriptionOcean View, Open Water View
School DistrictYes

Exterior

STORIES3
utilitiesFKAA, Propane, Cable Available, Water Separate Meter, Whole House Generatr, Municipal Sewer
PoolIn Ground, Decked, Concrete, Salt Water
roofMetal Roof
parkingGarage, Covered Parking, Auto Door Opener
HEAT TYPECentral
AIR CONDITIONINGCentral Air, Ceiling Fans(s)
Disability FeaturesAccessible Elevator Installed
HOA AmenitiesNone
security FeaturesElectric Gate, Patrolled Area
other exterior FeaturesBar, Water Display, Tennis Court(s), Storage, Sprinkler System, Sandy Beach, Privacy Wall/Fence, Outdoor Shower, Outdoor Kitchen, Lanai, Lighting, Hot Tub, Detached Guest Qtrs, Fencing, Chickee Hut, Built-in Grill

Financial

Sales Price$28,800,000
Real Estate Tax $56,368/yr
Zoning NR - Native Residential

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