Search for Property

87445 Old Highway, Plantation Key, FL 33036

$3,995,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 4,014 Lot Size (sq. ft.): 79,399 Status: Pending
Current Price: $3,995,000 List Date: 6/27/2026 Last Modified: 8/18/2026

Overview

Description

Discover a rare opportunity to own an exceptional oceanfront estate in the heart of Islamorada that seamlessly combines luxury living with an established, successful vacation rental history. Situated on 1.82 private acres with approximately 225 feet of ocean frontage, this Residential Estate-zoned property is currently licensed for legal 7-day vacation rentals, making it one of the limited number of properties within the Village of Islamorada offering this highly sought-after privilege. With a documented history as a successful income-producing vacation rental, this property offers the opportunity to enjoy an extraordinary Florida Keys lifestyle while rental income may help offset the costs of ownership. A gated entrance welcomes you through a majestic Royal Palm-lined circular driveway to an impressive, covered portico. Inside, a dramatic foyer and elegant wrought-iron staircase set the tone for a home featuring five spacious bedrooms, four beautifully appointed bathrooms, and breat ...

Listing Details MLS# 620430

Location, Tax & Legal

Street #
87445
Street Name
Old
Street Suffix
Highway
Key/Island
Plantation Key
State/Province
FL
Zip Code
33036
County
Monroe
Subdivision
Plant Beach (87.5)
Area
25 - Plantation Key

Contract Information

Listing Board
Florida Keys
As is Rght to Inspct
Yes
Species List
Yes

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
Yes
Control Depth
3
Pool
Yes
Year Built
1999
Lot SqFt
79399
Lot Sqft Source
Property Data Card
Acres
1.82
Living Apx SqFt
4014
SqFt Source
Seller
Total Bedrooms
5
Full Baths
4
Total Baths
4
Rentals Allowed
Yes
Min Rental Days
7

Status Change Info

Under Contract Date
2026-08-18
Contingent
Contingent/Show

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Building Style

Above Flood
Unknown
# Stories
3 Stories

More Information

Pool Info

Heated
Yes

Financial Status

Standard Sale
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: Other Dockage Vehicle Storage: Garage; Carport; Covered Parking; Off Street Parking Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: FKAA; Municipal Sewer Interior Features: Drapes/Blinds Incl; Entrance Foyer; Quartz Countertops; Split Bedroom; Window Treatments Pre-Wired: Cable Appliances: Dishwasher; Dryer; Microwave; More Appliances; Oven; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Privacy Wall/Fence Pool Info: In Ground; Salt Water Construction: CBS; Concrete Shutters: Accordion Floor: Tile Roof: Metal Roof Pets: Pets Allowed Security: Electric Gate; Patrolled Area Land Size: 1 Less Than 2 Acres Title: Title Ins - Buyer
Listing Office: Ocean Sotheby's International Realty
Last Updated: August - 18 - 2026
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.