$4,900,000

Estimated payment $27,199/month

Total Views 18,230
1 Bed
1 Bath
946 Sq Ft
$5,180 Price per Sq Ft

Highlights

  • Property fronts gulf or ocean
  • Dock made with wood
  • Bay View
  • Plantation Key School Rated A-
  • Open Water Access
  • 1-minute walk to Founders Park

About This Home

Discover an extraordinary opportunity to own 34,000 square feet of prime bayfront real estate in one of Islamorada's most coveted and private enclaves. Boasting 100+ feet of pristine bay frontage, this exceptional property captures open water views, serene sunsets, and the essence of the Florida Keys lifestyle. Tucked within the property is a charming ground level 1950s cottage offering one bedroom and one bathroom - ideal as a weekend escape, guest retreat, or comfortable interim residence while you bring your custom waterfront vision to life. For boating enthusiasts, the estate offers dockage with direct bay access, placing world-class fishing, sandbars, and crystal-clear waters just moments away. A permit has been submitted to repair and expand the existing dock and add two boat lifts (20,000 lb and 16,000 lb), significantly enhancing the property's boating capabilities and long-term value. Surrounded by multimillion-dollar estate home sales, this offering represents a rare chance to secure a premier bayfront parcel in one of Islamorada's most sought-after locations. With the existing estate slated for demolition and redevelopment, the conceptual renderings unveil a spectacular 4,872-square-foot custom residence offering five bedrooms, five and a half bathrooms, a three-car garage, and a resort style pool - all thoughtfully designed to capture water views from every vantage point. This vision blends refined indoor living with outdoor elegance, creating a seamless waterfront sanctuary. Whether you envision a private coastal retreat or an entertainer's paradise, this remarkable bayfront estate offers endless possibilities in an unparalleled setting.

Listing Agent

Bonnie Oliver

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #3186690 Listed on: 03/04/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,995

Year Built

  • Built in 1950

Lot Details

  • 34,000 Sq Ft Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Property is zoned RE - Residential Estate

Parking

  • Open Parking

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 946 Sq Ft Home
  • Ceiling Fan
  • Bay Views
  • Impact Glass

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Open Water Access
  • Dock made with wood

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Separate Meters

Community Details

  • Strattons Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00399820-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,995

Year Built

Built in 1950

Lot Details

0.78 Acres

Listing Details

  • Property Type: Residential
  • Dockage Dock: Wood
  • Year Built: 1950
  • Dockage Dock Permit: Applied For
  • Building Style Above Flood: No
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 2022737
  • Co List Office Phone: 305-712-8888
  • Subdivision Name: Strattons (82.5)
  • Vehicle Storage: Open Parking
  • Waterview: Bay/Gulf View, Open Water View
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Granite Counter Top
  • Appliances: Dishwasher, Refrigerator, Range, Microwave
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Features: Granite Counter Top
  • WindowsDoors: Impact Rstnce Window, Impact Rstnce Doors

Exterior Features

  • Waterfront: Yes
  • Construction Type: CBS
  • General Property Description: Waterfront: Yes
  • Waterfront: Bay Front, Gulf Front, Open Water
  • Roof: Concrete Roof

Utilities

  • Utilities: Elect Separate Meter
  • Cooling: Wall/Window Unit(s), Ceiling Fans(s), Ductless
  • Utilities: FKAA, Municipal Sewer, Elect Separate Meter

Condo/Co-op/Association

  • Pets Allowed: Yes

Lot Info

  • Parcel Number: 00399820-000000
  • Lot Size Sq Ft: 34000.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5995.43

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,995 $596,202
2024 $5,802 $579,400
2023 $5,760 $562,525 $0 $0
2022 $5,658 $546,141 $0 $0
2021 $5,702 $530,234 $0 $0
2020 $5,653 $522,914 $0 $0
2019 $5,631 $511,158 $0 $0
2018 $5,492 $501,628 $0 $0
2017 $5,284 $491,311 $0 $0
2016 $5,450 $481,206 $0 $0
2015 $5,329 $477,861 $0 $0
2014 $5,318 $474,068 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/04/2026 03/04/26 For Sale $4,900,000 -- $5,180 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $3,100,000 None Listed On Document
Deed $53,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed $430,000 --
Deed $100 --
Deed $100 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $1,900,000 Construction
Previous Owner $625,000 No Value Available
Previous Owner $490,500 No Value Available
Previous Owner $33,000 No Value Available
Previous Owner $250,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $300,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $300,000 Unknown
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 618918

Florida Keys Board of REALTORS®

APN: 00399820-000000

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