89505 Old Highway, Plantation Key, FL 33070
$27,800,000
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
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 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.
More Information MLS# 616051
Contract Information
Listing Board: Florida Keys
As is Rght to Inspct: Yes
Species List: Yes
Current Price: $27,800,000
Listing Date: 2025-08-05
List Price: $27,800,000
Location, Tax & Legal
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
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
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: Yes
Control Depth: 3
Lot SqFt: 207346
Pool: Yes
Total Units: 0
Acres: 7.64
SqFt Source: Property Data Card
Rentals Allowed: With Restrictions
Style: Single Family
Year Built: 2008
Living Apx SqFt: 8988
Total Bedrooms: 7
Full Baths: 6
Half Baths: 4
Total Baths: 10
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.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
Other Dockage: 1
Tax Exemptions
Homestead: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Gas Appliances: 1
Ice Machine: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Washer: 1
Wine Cooler: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Heating
Central: 1
Waterfront
Oceanfront: 1
Open Water: 1
Waterview
Ocean View: 1
Open Water View: 1
Floor
Marble: 1
Tile: 1
Wood: 1
Neighborhood Feature
Beach: 1
Bike Paths: 1
Community Boat Ramp: 1
Community Pool: 1
Tennis Courts: 1
Interior Features
Built-in Cabinets: 1
Cathedral Ceilings: 1
Elevator: 1
Entrance Foyer: 1
Fireplace(s): 1
Granite Counter Top: 1
Security System: 1
Smoke Alarms: 1
Split Bedroom: 1
Storage: 1
Walk-in Closet(s): 1
Wet Bar: 1
Specialty Rooms
Gym: 1
Laundry Room: 1
Loft: 1
Sauna/Steam Room: 1
Sun/Florida Room: 1
Utility Room: 1
Building Style
Above Flood: Unknown
Split Level: 1
Stories: 3 Stories
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Vehicle Storage
Car(s): 4+
Covered Parking: 1
Garage: 1
Auto Door Opener: 1
Security
Electric Gate: 1
Patrolled Area: 1
Construction
CBS: 1
Concrete: 1
Land Size
5 Less Than 10 Acres: 1
Furnished
Furnished: 1
Utilities
Cable Available: 1
FKAA: 1
Municipal Sewer: 1
Propane: 1
Water Separate Meter: 1
Whole House Generatr: 1
Porch/Balcony
Deck: 1
Open Porch/Balcony: 1
Patio: 1
Screened Patio: 1
Title
Title Ins - Buyer: 1
Exterior Features
Bar: 1
Built-in Grill: 1
Chickee Hut: 1
Detached Guest Qtrs: 1
Fencing: 1
Hot Tub: 1
Lanai: 1
Lighting: 1
Outdoor Kitchen: 1
Outdoor Shower: 1
Privacy Wall/Fence: 1
Sandy Beach: 1
Sprinkler System: 1
Storage: 1
Tennis Court(s): 1
Water Display: 1
Pool Info
In Ground: 1
Salt Water: 1
Heated: Yes
Concrete: 1
Decked: 1
Roof
Metal Roof: 1
Financial Status
Standard Sale: Yes
Accessibility Feat
Accessible Elevator Installed: 1
Status Change Info
Status: Active
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.