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28 Pen Key Drive, Upper Matecumbe Key Islamorada, FL 33036

$3,800,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,044 Lot Size (sq. ft.): 21,250 Status: Closed
Current Price: $3,800,000 List Date: 1/25/2023 Last Modified: 9/03/2024

Overview

Description

Prime location! Rare bayfront property in a private gated community located in the heart of downtown Islamorada with gorgeous sunset views, private pool and dockage! This original 4 bed/4 bath concrete home has a concrete roof and is ready for you to come in and make it your own, or take advantage of the existing building right to create your dream home in Islamorada's most exclusive community. Tucked into its own private corner of prestigious Pen Key Club, this ground level home is one of only seven in the 31-home community directly on the open bay and is on one of the largest lots with nearly half an acre of upland and another half an acre of baybottom. It also has a large private pool and had its own private dock on the property (in need of repair), in addition to enjoying use of the community boat basin and the community pool if desired. The current home is 2/2 in the main house and has 2 separate 1/1 guest suites, each with its own private entrance. Outside is a large shady grass ...

Listing Details MLS# 599529

Location, Tax & Legal

Street #
28
Street Name
Pen Key
Street Suffix
Drive
Key/Island
Upper Matecumbe Key Islamorada
State/Province
FL
Zip Code
33036
County
Monroe
Subdivision
Penn Key Club (83.0)
Area
23 - Upper Matecumbe
City
ISLAMORADA
Off Shore Island
No
Mile Marker
83
Marathon Neighborhood
N/A
Side
Bay/Gulf
Flood Zone
AE,VE
Alternate Key #
1495042
Handicap Access
Yes
Add'l Parcel #1
00094680-000000
Parcel #
00402700-000000
Zoning
R1 - Residential Single Family
Deed Restrictions
Unknown
Legal
LOT 28 PEN KEY CLUB SUBD UPPER MATECUMBE KEY PB3-170 (see Deed) plus Additional Parcel of Adjacent Bay Bottom
Taxes
26039
Tax Year
2022
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Florida Keys
As is Rght to Inspct
Yes
Species List
No

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
Yes
Control Depth
4
Pool
Yes
Year Built
1964
Total Units
Yes
Lot SqFt
21250
Lot Sqft Source
Tax Records
Acres
0.49
Living Apx SqFt
3044
SqFt Source
Tax Records
Total Bedrooms
4
Full Baths
4
Total Baths
4
Rentals Allowed
No

Status Change Info

Sold Date
2024-05-09

Association Info

Mandatory Home Owners Asc
Yes
Condo Doc's
Yes
1st Right of Refusal
No
Assoc Approval Req
Yes
Association Fee $
8000
Assoc/Mnt Fee Per
Yearly

Dockage

Dock
Wood
Assigned Dock
Yes
Basin
Yes
Boat Slip
Yes
Dock Privileges
Yes

More Information

Building Style

Above Flood
Unknown
Conch
Yes
Ground Level
Yes

Specialty Rooms

Guest/Servant Qtrs
Legal

Remarks & Misc

Remarks – Consumer
Prime location! Rare bayfront property in a private gated community located in the heart of downtown Islamorada with gorgeous sunset views, private pool and dockage! This original 4 bed/4 bath concrete home has a concrete roof and is ready for you to come in and make it your own, or take advantage of the existing building right to create your dream home in Islamorada's most exclusive community. Tucked into its own private corner of prestigious Pen Key Club, this ground level home is one of only seven in the 31-home community directly on the open bay and is on one of the largest lots with nearly half an acre of upland and another half an acre of baybottom. It also has a large private pool and had its own private dock on the property (in need of repair), in addition to enjoying use of the community boat basin and the community pool if desired. The current home is 2/2 in the main house and has 2 separate 1/1 guest suites, each with its own private entrance. Outside is a large shady grass yard with beautiful mature trees, including a stunning Haden mango. Another unique feature of Pen Key is that the club employs a full-time property manager living on site to maintain the grounds and common areas. After a day out fishing or boating, come home and watch the sunset from your own back yard and then stroll through the meticulously landscaped neighborhood and out the secure front gates to enjoy fine dining just steps away at Ziggie & Mad Dog's. This community is also perfectly situated in downtown near fine dining, bars, boutiques, salons, shops, art galleries, museums and of course, the monthly Art Walk and famous monthly Full Moon Party. The Village of Islamorada also offers Freebee Electric Vehicle Ridesharing for added convenience. If you are ready to live the good life in the heart of downtown Islamorada, then it's time to discover the peace, security and lush tranquility of Pen Key.
Directions
Pen Key Club private gated entrance is between Ziggie & Mad Dog's and the Dive Museum. Call for appointment. Agent must accompany.

Fee Includes

Common Area Mnt
Yes
Security
Yes

Tax Exemptions

None
Yes

Appliances

Oven
Yes
Range
Yes
Refrigerator
Yes

Pets

Pets Allowed
Yes

Cooling

Central Air
Yes
Heat Pump
Yes
Wall/Window Unit(s)
Yes

Waterfront

Bay Front
Yes
Open Water
Yes

Waterview

Bay/Gulf View
Yes
Open Water View
Yes

Floor

Carpet
Yes
Combo
Yes
Tile
Yes

Neighborhood Feature

Community Dockage
Yes
Community Pool
Yes
Manager on Premises
Yes

Interior Features

Fireplace(s)
Yes

Windows/Doors

Awning Windows
Yes
Other Windows/Doors
Yes
Sliding Glass Doors
Yes

Vehicle Storage

Carport
Yes
Covered Parking
Yes
Guest Parking
Yes
Open Parking
Yes
Off Street Parking
Yes

Security

Electric Gate
Yes

Construction

CBS
Yes

Land Size

1/4 - 1/2 Acre
Yes

Furnished

Unfurnished
Yes

Utilities

Cable Available
Yes
Elect Separate Meter
Yes
FKAA
Yes
Municipal Sewer
Yes
Water Separate Meter
Yes

Porch/Balcony

Screened Patio
Yes

Title

Title Ins - Buyer
Yes

Pool Info

In Ground
Yes
Concrete
Yes
Decked
Yes

Roof

Concrete Roof
Yes

Property Features

Fee Includes: Common Area Mnt; Security Tax Exemptions: None Waterfront: Bay Front; Open Water Waterview: Bay/Gulf View; Open Water View Dockage: Assigned Dock; Basin; Boat Slip; Dock Privileges Building Style: Conch; Ground Level Vehicle Storage: Carport; Covered Parking; Guest Parking; Off Street Parking; Open Parking Furnished: Unfurnished Cooling: Central Air; Heat Pump; Wall/Window Unit(s) Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Fireplace(s) Appliances: Oven; Range; Refrigerator Pool Info: In Ground; Concrete; Decked Construction: CBS Floor: Carpet; Combo; Tile Roof: Concrete Roof Pets: Pets Allowed Neighborhood Feature: Community Dockage; Community Pool; Manager on Premises Security: Electric Gate Land Size: 1/4 - 1/2 Acre Title: Title Ins - Buyer
Listing Office: Coldwell Banker Schmitt Islamorada
Last Updated: September - 03 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.