$4,250,000
NEW CONSTRUCTION

82779 Old Hwy Unit 8 Islamorada, FL 33036

Estimated payment $34,865/month

Total Views 7,698
4 Beds
4.5 Baths
2,574 Sq Ft
$1,651 Price per Sq Ft

Highlights

  • 615 Feet of Waterfront
  • Ocean View
  • Property has ocean access
  • Plantation Key School Rated A-
  • Boat Ramp
  • 1-minute walk to Founders Park

About This Home

Welcome to The Islands of Islamorada, a private gated enclave that epitomizes coastal luxury. Our stunning waterfront residences feature four spacious bedrooms and four and one-half bathrooms, all designed for your comfort. Each three-floor villa offers 3,137 square feet of interior space and 930 square feet of outdoor living, showcasing contemporary island architecture with an open, airy design. Three king-sized bedrooms come with en-suite bathrooms, while the fourth is a charming bunk room, ideal for family gatherings. Offered fully furnished with exquisite artwork from local Florida artists, these homes embody the spirit of coastal living.Enjoy a state-of-the-art kitchen that flows into open-concept dining and living areas. Additional features include a powder room, ample

Listing Agent

William Volpe

Serhant License #3336652 Listed on: 04/10/2025

Serhant

Co-Listing Agent

Richard Lemon

Serhant License #3426739

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $85,000

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 615 Feet of Waterfront
  • Ocean Front
  • Property is zoned TC

HOA Fees

  • $4,309 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Metal Roof

Interior Spaces

  • 2,574 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Tile Flooring
  • Ocean Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $25,000
  • Assessor Parcel Number 00404340000000

Community Details

Overview

  • Russell Estates Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$85,000

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$4,309 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2020
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Tile
  • Living Area: 2574.0
  • Dining Room Type: Laundry
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony
  • View: Ocean
  • Road Frontage Type: Waterfront
  • Lot Features: < 1/4 Acre
  • Pool Features: Heated, Pool, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: New Construction
  • Roof: Metal
  • FrontageLengthRemarks: 615

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Security: Key Card Entry
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 4309.0
  • Community Features: Boat Facilities, Gated, Property Manager On-Site, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Management, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 00404340000000
  • Lot Size: < 1/4 Acre
  • Zoning Description: TC

Rental Info

  • Security Deposit: 25000.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 85000.0

Map

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

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
2024 $185,185 $21,490,143 $5,151,596 $16,338,547
2023 $185,185 $20,391,644 $4,829,842 $15,561,802
2022 $188,782 $20,580,193 $4,829,842 $15,750,351
2021 $197,691 $20,542,540 $4,829,842 $15,712,698
2020 $26,386 $6,628,398 $4,592,627 $2,035,771
2019 $22,769 $5,639,457 $4,807,460 $831,997
2018 $5,294 $538,733 $527,778 $10,955
2017 $3,139 $617,903 $0 $0
2016 $2,308 $289,910 $0 $0
2015 $2,192 $289,015 $0 $0
2014 $2,136 $288,623 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 For Sale $4,250,000 -- $1,651 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Reef Title
Warranty Deed $72,000,000 Reef Title
Warranty Deed -- Trident Title
Interfamily Deed Transfer -- Attorney
Warranty Deed $3,900,000 Florida Title Of The Keys
Warranty Deed $300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $15,000,000 No Value Available
Open $37,500,000 Seller Take Back
Source: Public Records

Similar Homes in the area

  • 230 Biscayne Blvd, Islamorada, FL 33036

    $3,750,000

    • 5 Beds
    • 3 Baths
    • 2,425 Sq Ft
    • 230 Biscayne Blvd
    • Islamorada, FL

    Exquisite Canal Front Retreat in Prestigious Port Antigua, IslamoradaWelcome to your dream waterfront oasis in the highly coveted Port Antigua community of Islamorada. This meticulously remodeled 5-bedroom, 3-bath (3 Up / 2 Down) residence embodies luxury coastal living with 100 feet of premier dockage, offering effortless access to Florida Bay, Channel 2, and Channel 5, placing the Atlantic

    Krissy Carnahan Realty ONE Group Destination (ISL)

    Section Image
  • 257 Normandy Dr, Tavernier, FL 33070

    $3,950,000

    • 6 Beds
    • 5 Baths
    • 3,240 Sq Ft
    • 257 Normandy Dr
    • Tavernier, FL

    Spectacular Tavernier Oceanfront Concrete Home with Stunning Atlantic Views & Prime Boating AccessDiscover your dream waterfront retreat in the heart of the Florida Keys! This impressive 6-bedroom, 5-bathroom three-story concrete masterpiece in Tavernier offers breathtaking panoramic views of the turquoise Atlantic Ocean from nearly every room.Designed for spacious island living and effortless

    Terry Canto American Caribbean Real Estate, Christie's International Real Estate

    Section Image
  • 80151 Overseas Hwy, Islamorada, FL 33036

    $3,499,000

    • 2 Beds
    • 2 Baths
    • 1,578 Sq Ft
    • 80151 Overseas Hwy
    • Islamorada, FL

    Seize the rare opportunity to build your dream home in one of Islamorada's most coveted locations! Located directly across from the iconic Alligator Reef Lighthouse. Across the street from a protected preserve that will never be developed, and featuring a deep water channel capable of accommodating boats up to 40 feet, this property offers unmatched privacy and access.Imagine living just a short

    Richard Lemon Serhant Florida LLC - Delray Beach Office

    Section Image
  • 153 Stromboli Dr, Islamorada, FL 33036

    $5,299,000

    • 6 Beds
    • 5 Baths
    • 4,964 Sq Ft
    • 153 Stromboli Dr
    • Islamorada, FL

    Exquisite Tri-Level Waterfront Estate in Islamorada!Step into luxury with this remarkable home in the prestigious Venetian Shores, designed for the most discerning buyer. Offering six bedrooms, five bathrooms, and a spacious 5000sqft of magnificently designed living space, this residence boasts an open-concept floor plan with soaring ceilings, a fireplace and a grand living area.Enjoy seamless

    Lisa Frins Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    Section Image
  • 126 Villa Bella Dr, Islamorada, FL 33036

    $4,200,000

    • 3 Beds
    • 3 Baths
    • 2,088 Sq Ft
    • 126 Villa Bella Dr
    • Islamorada, FL

    OPEN HOUSE SUNDAY AUGUST 3RD, 2-4PM!!Welcome to your Keys escape -- a fresh, modern coastal home with 100 feet of dockage, just one lot in from Snake Creek, where the ocean and bay meet. Recently reimagined from top to bottom, this offers the perfect mix of luxury, comfort, and boater-friendly features behind a private electric gate on a spacious 10,000 sq ft lot. Impact windows/doors, metal

    Christy Hughes Coldwell Banker Schmitt Islamorada

    Section Image
  • 140 Stromboli Dr, Islamorada, FL 33036

    $3,795,000

    • 4 Beds
    • 6 Baths
    • 4,008 Sq Ft
    • 140 Stromboli Dr
    • Islamorada, FL

    Welcome to Your Waterfront Oasis in Venetian Shores. Discover the ideal blend of luxury and laid-back island living in this elegant three-story canal-front home, perfectly situated in the coveted community of Venetian Shores. Boasting 100 feet of dockage and a 14,000 lb. boat lift, this property offers effortless access to both the Atlantic Ocean and Florida Bay via scenic Snake Creek--making it

    Alina Davis Coldwell Banker Schmitt Islamorada

    Section Image
  • 128 Leoni Dr, Islamorada, FL 33036

    $4,799,000

    • 5 Beds
    • 4.5 Baths
    • 3,556 Sq Ft
    • 128 Leoni Dr
    • Islamorada, FL

    SPECTACULAR HOME IN VENETIAN SHORES! 70' concrete dock on deep water canal which opens directly to Snake Creek for easy and quick access to bay or ocean; 5 bedrooms/4.5 baths; private master retreat with gorgeous bath on third level; marble floors throughout; elevator; FABULOUS chef's kitchen with Wolf gas range and huge island; large terraces and fantastic entertaining spaces; sound system

    Emily Romberg Real Estate Sales Force

    Section Image
  • 117 Leoni Dr, Islamorada, FL 33036

    $4,950,000

    • 5 Beds
    • 6 Baths
    • 4,100 Sq Ft
    • 117 Leoni Dr
    • Islamorada, FL

    Welcome to paradise at 117 Leoni Drive in the exclusive Venetian Shores neighborhood! This stunning 4,100 sq. ft., canal-front home offers bay and ocean access via snake creek, 70 feet of dockage, and luxurious living with 5 bedrooms and 6 bathrooms. Built with precision and modern style, this brand-new custom CBS residence boasts lush landscaping, a sparkling pool, and high-end finishes

    Mike Jones Fairchild Partners, Inc.

    Section Image

Source: BeachesMLS

MLS Number: R11080342

BeachesMLS

APN: 00404340-000000