$4,499,500
$401K PRICE DROP

Estimated payment $25,446/month

Total Views 24,029
0.78 Acre
$5,768,590 Price per Acre
34,000 Sq Ft Lot

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 Lot

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 for a 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 ISSUED 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. 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 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

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,995

Lot Details

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

Additional Features

  • Bay Views
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 00399820000000

Community Details

Overview

  • Strattons Subdivision

Recreation

  • Open Water Access
  • Dock made with wood

Property Details

Property Type

Land

Est. Annual Taxes

$5,995

Lot Details

0.78 Acres

Listing Details

  • Property Type: Land
  • Dockage Dock: Wood
  • Dockage Dock Permit: Applied For
  • First Right of Refusal: No
  • Miscellaneous Info Mobile Home Lot: No
  • LotSizeAcres: 0.78
  • Co List Office Mls Id: 2022737
  • Co List Office Phone: 305-712-8888
  • Subdivision Name: Strattons (82.5)
  • Waterview: Open Water View, Bay View
  • Financial Status: Bank Owned: No
  • Financial Status: Potential Short Sale: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Yes
  • Waterfront: Bay Front, Gulf Front, Open Water

Utilities

  • Electric: Electric on Site
  • Existing Utilities: Electric on Site, Sewer, Water Meter, Other Utilities

Lot Info

  • Parcel Number: 00399820000000
  • Lot Size Sq Ft: 34000.0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5995.43

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/17/2026 08/17/26 Price Changed $4,499,500 -3.2% --
08/17/2026 08/17/26 Price Changed $4,650,000 -5.1% --
03/04/2026 03/04/26 For Sale $4,900,000 -- --
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: 618920

Florida Keys Board of REALTORS®

APN: 00399820-000000

Your Personal Tour Guide

Ask me questions while you tour the home.