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400 Palm Drive, Lower Matecumbe, FL 33036

$5,600,000
Property Type: Residential Bedrooms: 6 Baths: 8 Square Footage: 4,700 Lot Size (sq. ft.): 10,000 Status: Closed
Current Price: $5,600,000 List Date: 1/26/2025 Last Modified: 5/12/2025

Overview

Description

Welcome to Mykonos Villa, a luxurious 6-bedroom, 7.5-bathroom estate in Islamorada, FL. This home features an open layout with natural light, sleek finishes, and refined design. The gourmet kitchen, with a La Cornue stove, high-end appliances, and custom cabinetry, flows seamlessly into the living and dining areas, perfect for entertaining. A smart home system manages temperature, security, and pool features. Each bedroom includes a private en-suite bathroom. The master suite offers breathtaking views, a private balcony, spa-inspired bathroom, and spacious walk-in closet. Outdoors, enjoy a pool, hot tub, kitchen, 100 feet of private dockage, two boat lifts, and a fish cleaning station. Mykonos Villa—Live where the ocean greets luxury, and paradise is your everyday address.

Listing Details MLS# 613346

Location, Tax & Legal

Street #
400
Street Name
Palm
Street Suffix
Drive
Key/Island
Lower Matecumbe
State/Province
FL
Zip Code
33036
County
Monroe
Subdivision
Safety Harbor (74.0)
Area
22 - Lower Matecumbe
City
ISLAMORADA
Mile Marker
74
Marathon Neighborhood
N/A
Side
Bay/Gulf
Flood Zone
AE
Alternate Key #
1479667
Parcel #
00391340-000000
Zoning
R1 - Residential Single Family
Deed Restrictions
Unknown
Legal
BK 3 LOT 19 SAFETY HARBOR PB3-69 SEC 1 LOWER MATECUMBE KEY OR560-874 OR622-84 OR622-82 OR772-1952 OR823-1251 OR2496-913
Taxes
19835.47
Tax Year
2023
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Florida Keys
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
Yes
Control Depth
5
Pool
Yes
Year Built
1989
Lot SqFt
10000
Acres
0.23
Living Apx SqFt
4700
SqFt Source
Seller
Total Bedrooms
6
Full Baths
7
Half Baths
Yes
Total Baths
8
Rentals Allowed
With Restrictions
Total Units
0

Status Change Info

Sold Date
2025-05-09

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Association Fee $
0

Dockage

Dock Length
100
Dock
Concrete
Seawall
Concrete
Boat Lift
Yes

More Information

Building Style

Above Flood
Yes
Stories
2 Stories

Financial Status

Auction
No
Bank Owned
No
Potential Short Sale
No
Standard Sale
Yes

Remarks & Misc

Remarks – Consumer
Welcome to Mykonos Villa, a luxurious 6-bedroom, 7.5-bathroom estate in Islamorada, FL. This home features an open layout with natural light, sleek finishes, and refined design. The gourmet kitchen, with a La Cornue stove, high-end appliances, and custom cabinetry, flows seamlessly into the living and dining areas, perfect for entertaining. A smart home system manages temperature, security, and pool features. Each bedroom includes a private en-suite bathroom. The master suite offers breathtaking views, a private balcony, spa-inspired bathroom, and spacious walk-in closet. Outdoors, enjoy a pool, hot tub, kitchen, 100 feet of private dockage, two boat lifts, and a fish cleaning station. Mykonos Villa—Live where the ocean greets luxury, and paradise is your everyday address.

Fee Includes

None
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Freezer
Yes
Gas Appliances
Yes
Ice Machine
Yes
Microwave
Yes
Oven
Yes
Refrigerator
Yes
Washer
Yes
Wine Cooler
Yes

Pets

Pets Allowed
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes

Heating

Central
Yes

Waterfront

Canal Front
Yes

Waterview

Canal View
Yes

Interior Features

Bar
Yes
Built-in Cabinets
Yes
Drapes/Blinds Incl
Yes
Elevator
Yes
Pantry
Yes
Quartz Countertops
Yes
Walk-in Closet(s)
Yes
Wet Bar
Yes
Window Treatments
Yes

Property Condition

New Construction
Yes
Updated/Remodeled
Yes

Specialty Rooms

Laundry Room
Yes
Media Room
Yes

Windows/Doors

Impact Rstnce Doors
Yes
Impact Rstnce Window
Yes
Sliding Glass Doors
Yes

Vehicle Storage

Carport
Yes
Covered Parking
Yes
Garage
Yes
Guest Parking
Yes
Open Parking
Yes

Security

On Premises System
Yes

Construction

CBS
Yes

Land Size

Less Than 1/4 Acre
Yes

Furnished

Furnished
Yes

Terms

Cash
Yes
Conventional
Yes

Utilities

Municipal Sewer
Yes

Porch/Balcony

Open Porch/Balcony
Yes
Patio
Yes

Exterior Features

Bar
Yes
Built-in Grill
Yes
Chickee Hut
Yes
Fencing
Yes
Lighting
Yes
Outdoor Kitchen
Yes
Privacy Wall/Fence
Yes
Rain Gutters
Yes

Pool Info

In Ground
Yes

Pre-Wired

Cat 5
Yes
Surround Sound
Yes

Roof

Metal Roof
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Dockage: Boat Lift Property Condition: New Construction; Updated/Remodeled Vehicle Storage: Garage; Carport; Covered Parking; Guest Parking; Open Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Municipal Sewer Interior Features: Bar; Built-in Cabinets; Drapes/Blinds Incl; Elevator; Pantry; Quartz Countertops; Walk-in Closet(s); Wet Bar; Window Treatments Pre-Wired: Cat 5; Surround Sound Specialty Rooms: Laundry Room; Media Room Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Appliances; Ice Machine; Microwave; Oven; Refrigerator; Washer; Wine Cooler Exterior Features: Bar; Built-in Grill; Chickee Hut; Fencing; Lighting; Outdoor Kitchen; Privacy Wall/Fence; Rain Gutters Pool Info: In Ground Construction: CBS Roof: Metal Roof Pets: Pets Allowed Security: On Premises System Land Size: Less Than 1/4 Acre Terms: Cash; Conventional
Listing Office: Pine River Realty, LLC
Last Updated: May - 12 - 2025
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.