Welcome to your legacy retreat in Islamorada's premier gated waterfront community. A rare blend of privacy, prestige, and resort-style living awaits in this Key West-inspired residence, set within one of Islamorada's most exclusive gated bayfront communities. Surrounded by manicured tropical landscaping and timeless architectural charm, this home offers an elevated island lifestyle defined by serenity and sophistication.
A palm-lined entrance leads to a vibrant exterior with wraparound porches and sun-filled interiors framed by lush garden views. The spacious three-bedroom layout is designed for effortless indoor-outdoor living, with multiple gathering spaces opening to expansive patios ideal for entertaining, unwinding, or savoring golden sunsets. Mature palms, bougainvillea, and the scent of salt air create a secluded sanctuary that feels worlds away.
Residents enjoy exclusive access to a resort-style pool, private beach, kayak launch, and a breathtaking sunset point reserved for owners. A protected marina provides direct access to world-class sport fishing and boating, while full-time on-site property management ensures peace of mind whether you're home or away.
Perfectly positioned in the heart of Islamorada, the home offers effortless proximity to fine dining, boutique shopping, and the legendary waters that define the sport fishing capital of the world.
Whether you're seeking a seasonal escape or a long-term legacy investment, this property delivers enduring value wrapped in unmatched natural beauty. Experience the rare combination of luxury, leisure, and privacy that makes the Legacy Retreat truly exceptional.
For sale
$2,195,000
33 Pen Key Clb, Islamorada, FL 33036
3beds
4,537sqft
Single Family Residence
Built in 1987
0.3 Acres Lot
$-- Zestimate®
$484/sqft
$646/mo HOA
What's special
Resort-style poolPrivate beachWraparound porchesKey west-inspired residenceTimeless architectural charmKayak launchSpacious three-bedroom layout
- 118 days |
- 453 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Eric M. Rizzo 305-394-3062,
Ocean Sotheby's International Realty,
Jamie Daniels 305-522-6872,
Ocean Sotheby's International Realty
Source: FLKMLS,MLS#: 619577
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Ceiling Fans(s), Ductless
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Freezer, Gas Appliances, Wine Cooler
- Laundry: Laundry Room
Features
- Built-in Features, Elevator, Storage, Walk-in Closet(s), Quartz Countertops
- Flooring: Tile, Wood, Carpet
Interior area
- Total structure area: 4,537
- Total interior livable area: 4,537 sqft
Property
Parking
- Parking features: Attached, Garage Door Opener, Open
- Has attached garage: Yes
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed, Parking
Features
- Patio & porch: Open Porch/Balcony, Windowed P/B, Screened Patio
- Exterior features: Rain Gutters, Lighting
- Has private pool: Yes
- Pool features: In Ground, Above Ground, Concrete, Decked
Lot
- Size: 0.3 Acres
Details
- Parcel number: 00402800000000
- Zoning: R1 - Residential Single Family
- Other equipment: Satellite Dish, Irrigation Equipment
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- CBS
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1987
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Community Dockage, Manager on Premises, Beach, Other
- Security: Security Gate
- Subdivision: Penn Key Club (83.0)
HOA
- Has HOA: Yes
- Services included: Common Area Mnt, Security, Other
- HOA fee: $646 monthly
Location
- Region: Islamorada
Financial & listing details
- Price per square foot: $484/sqft
- Tax assessed value: $1,795,418
- Annual tax amount: $17,068
- Date on market: 4/21/2026
- Listing terms: No Seller Finance,Cash,Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2026 | Listed for sale | $2,195,000-12%$484/sqft |
Source: | ||
| 4/20/2026 | Listing removed | $2,495,000$550/sqft |
Source: | ||
| 1/23/2026 | Listed for sale | $2,495,000$550/sqft |
Source: | ||
| 1/19/2026 | Listing removed | $2,495,000$550/sqft |
Source: | ||
| 8/1/2025 | Listed for sale | $2,495,000-10.9%$550/sqft |
Source: | ||
| 8/1/2025 | Listing removed | $2,800,000$617/sqft |
Source: | ||
| 1/18/2025 | Listed for sale | $2,800,000+243.6%$617/sqft |
Source: | ||
| 8/8/2012 | Sold | $815,000-11.9%$180/sqft |
Source: | ||
| 3/22/2012 | Listing removed | $925,000$204/sqft |
Source: Mabel Vasniles #546516 Report a problem | ||
| 12/2/2011 | Listed for sale | $925,000$204/sqft |
Source: Mabel Vasniles #546516 Report a problem | ||
| 8/4/2011 | Listing removed | $925,000$204/sqft |
Source: Moorings Realty Inc. Report a problem | ||
| 3/12/2010 | Price change | $925,000-19.6%$204/sqft |
Source: Moorings Realty Inc. Report a problem | ||
| 1/10/2009 | Listed for sale | $1,150,000+243.3%$253/sqft |
Source: Homes & Land Report a problem | ||
| 4/17/1996 | Sold | $335,000$74/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,069 +62.2% | $1,795,418 +60.8% |
| 2024 | $10,526 +0.7% | $1,116,839 +3% |
| 2023 | $10,451 +1.5% | $1,084,310 +3% |
| 2022 | $10,299 -1.2% | $1,052,729 +3% |
| 2021 | $10,429 +0.9% | $1,022,067 +1.4% |
| 2020 | $10,336 | $1,007,956 +2.3% |
| 2019 | $10,336 +0.3% | $985,295 +1.9% |
| 2018 | $10,302 +2.4% | $966,924 +2.1% |
| 2017 | $10,060 +4.1% | $947,037 +2.1% |
| 2016 | $9,667 -3.4% | $927,559 -6.3% |
| 2015 | $10,010 | $989,488 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 33036
Nearby schools
GreatSchools rating
- 10/10Plantation Key SchoolGrades: PK-8Distance: 6.5 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 6.7 mi
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