89505 Old Highway, Plantation Key, FL 33070 (MLS# 616051)

89505 Old Highway, Plantation Key, FL 33070

$27,800,000

Virtual Tour

https://bcove.video/4bm5cYm

Plenty of covered parking, and 3 garages

Double vanity, His and hers water closets, marble countertops

Property Type: Residential Bedrooms: 7 Baths: 10 Square Footage: 8,988 Lot Size (sq. ft.): 207,346 Status: Active

Current Price: $27,800,000 List Date: 8/05/2025 Last Modified: 12/02/2025

Overview

Description

Escape to Palm Paradise, a one-of-a-kind oceanfront estate in Islamorada, Florida Keys, where luxury and privacy intertwine on 7.64 secluded acres. This magnificent property boasts 369 feet of pristine ocean frontage, revealing breathtaking panoramic views from nearly every corner. The sprawling 8,988 square foot main residence boasts five spacious bedrooms, five full bathrooms, three half bathrooms, and an array of lavish amenities, including a chef's dream kitchen, a 500-bottle wine cellar, a private gym, an elevator, and a custom pool with a soothing water feature. Expansive outdoor living spaces beckon with a tiki bar, outdoor kitchen, beachside fire pit, lighted tennis court with cabana and half bathroom, and a private beach fringed with swaying palms. A separate two bedroom, one bathroom guest house provides privacy and comfort for visitors, while a whole-house generator ensures uninterrupted tranquility. Indulge in breathtaking sunrises from your private observation pier or perf ... (Read more)

Listing Details MLS# 616051

Location, Tax & Legal

Street #: 89505
Street Name: Old
Street Suffix: Highway
Key/Island: Plantation Key
State/Province: FL
Zip Code: 33070
County: Monroe
Subdivision: Trop Coral Reef (89.0)
Area: 25 - Plantation Key
City: Tavernier
Mile Marker: 89
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: VE,AE,AE,AE,VE,VE
Alternate Key #: 8574436
Handicap Access: Yes
Parcel #: 00092570-000100
Zoning: NR - Native Residential
Deed Restrictions: Unknown
Legal: 5 63 38 PLANTATION KEY OR LONG ISLAND PT GOVT LOT 6 & ADJ BAY BTM SE'LY G37-221 OR186-271(II DEED 22485) OR556-986/89 OR
Taxes: 56367.5
Tax Year: 2024
Pub Sewer HkUp: Yes

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: 2008
Lot SqFt: 207346
Acres: 7.64
Living Apx SqFt: 8988
SqFt Source: Property Data Card
Total Bedrooms: 7
Full Baths: 6
Half Baths: 4
Total Baths: 10
Rentals Allowed: With Restrictions
Total Units: 0

Association Info

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

Building Style

Above Flood: Unknown
Stories: 3 Stories
Split Level: Yes

More Information

Vehicle Storage

Car(s): 4+
Covered Parking: Yes
Garage: Yes
Auto Door Opener: Yes

Pool Info

Heated: Yes
In Ground: Yes
Salt Water: Yes
Concrete: Yes
Decked: Yes

Financial Status

Standard Sale: Yes

Remarks & Misc

Remarks – Consumer: Escape to Palm Paradise, a one-of-a-kind oceanfront estate in Islamorada, Florida Keys, where luxury and privacy intertwine on 7.64 secluded acres. This magnificent property boasts 369 feet of pristine ocean frontage, revealing breathtaking panoramic views from nearly every corner. The sprawling 8,988 square foot main residence boasts five spacious bedrooms, five full bathrooms, three half bathrooms, and an array of lavish amenities, including a chef's dream kitchen, a 500-bottle wine cellar, a private gym, an elevator, and a custom pool with a soothing water feature. Expansive outdoor living spaces beckon with a tiki bar, outdoor kitchen, beachside fire pit, lighted tennis court with cabana and half bathroom, and a private beach fringed with swaying palms. A separate two bedroom, one bathroom guest house provides privacy and comfort for visitors, while a whole-house generator ensures uninterrupted tranquility. Indulge in breathtaking sunrises from your private observation pier or perfect your short game on the estate's putting green. Palm Paradise is more than just a home; it's an invitation to embrace a life of unparalleled luxury, seclusion, and the laid-back allure of the Florida Keys.
Directions: MM 89.5 oceanside Old Hwy. No sign on property.

Fee Includes

None: Yes

Dockage

Other Dockage: Yes

Tax Exemptions

Homestead: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Gas Appliances: Yes
Ice Machine: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Stainless Steel Appliance(s): Yes
Washer: Yes
Wine Cooler: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Heating

Central: Yes

Waterfront

Oceanfront: Yes
Open Water: Yes

Waterview

Ocean View: Yes
Open Water View: Yes

Floor

Marble: Yes
Tile: Yes
Wood: Yes

Neighborhood Feature

Beach: Yes
Bike Paths: Yes
Community Boat Ramp: Yes
Community Pool: Yes
Tennis Courts: Yes

Interior Features

Built-in Cabinets: Yes
Cathedral Ceilings: Yes
Elevator: Yes
Entrance Foyer: Yes
Fireplace(s): Yes
Granite Counter Top: Yes
Security System: Yes
Smoke Alarms: Yes
Split Bedroom: Yes
Storage: Yes
Walk-in Closet(s): Yes
Wet Bar: Yes

Specialty Rooms

Gym: Yes
Laundry Room: Yes
Loft: Yes
Sauna/Steam Room: Yes
Sun/Florida Room: Yes
Utility Room: Yes

Windows/Doors

Impact Rstnce Doors: Yes
Impact Rstnce Window: Yes

Security

Electric Gate: Yes
Patrolled Area: Yes

Construction

CBS: Yes
Concrete: Yes

Land Size

5 Less Than 10 Acres: Yes

Furnished

Furnished: Yes

Utilities

Cable Available: Yes
FKAA: Yes
Municipal Sewer: Yes
Propane: Yes
Water Separate Meter: Yes
Whole House Generatr: Yes

Porch/Balcony

Deck: Yes
Open Porch/Balcony: Yes
Patio: Yes
Screened Patio: Yes

Title

Title Ins - Buyer: Yes

Exterior Features

Bar: Yes
Built-in Grill: Yes
Chickee Hut: Yes
Detached Guest Qtrs: Yes
Fencing: Yes
Hot Tub: Yes
Lanai: Yes
Lighting: Yes
Outdoor Kitchen: Yes
Outdoor Shower: Yes
Privacy Wall/Fence: Yes
Sandy Beach: Yes
Sprinkler System: Yes
Storage: Yes
Tennis Court(s): Yes
Water Display: Yes

Roof

Metal Roof: Yes

Accessibility Feat

Accessible Elevator Installed: Yes

Property Features

Fee Includes: None Tax Exemptions: Homestead Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: Other Dockage Building Style: Split Level Vehicle Storage: Garage; Auto Door Opener; Covered Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Cable Available; FKAA; Municipal Sewer; Propane; Water Separate Meter; Whole House Generatr Interior Features: Built-in Cabinets; Cathedral Ceilings; Elevator; Entrance Foyer; Fireplace(s); Granite Counter Top; Security System; Smoke Alarms; Split Bedroom; Storage; Walk-in Closet(s); Wet Bar Specialty Rooms: Gym; Laundry Room; Loft; Sauna/Steam Room; Sun/Florida Room; Utility Room Appliances: Dishwasher; Disposal; Dryer; Gas Appliances; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Bar; Built-in Grill; Chickee Hut; Detached Guest Qtrs; Fencing; Hot Tub; Lanai; Lighting; Outdoor Kitchen; Outdoor Shower; Privacy Wall/Fence; Sandy Beach; Sprinkler System; Storage; Tennis Court(s); Water Display Accessibility Feat: Accessible Elevator Installed Pool Info: In Ground; Salt Water; Concrete; Decked Construction: CBS; Concrete Floor: Marble; Tile; Wood Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Beach; Bike Paths; Community Boat Ramp; Community Pool; Tennis Courts Security: Electric Gate; Patrolled Area Land Size: 5 Less Than 10 Acres Title: Title Ins - Buyer

Listing Office: Ocean Sotheby's International Realty

Last Updated: December - 02 - 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.