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For sale
    • $3,800,000

    87950 Overseas Hwy, Plantation Key, FL 33036

    5beds
    2,464sqft
    : 
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    Single Family Residence
    Built in 1973
    0.52 Acres Lot
    $-- Zestimate®
    $1,542/sqft
    $-- HOA

    What's special

    Sweeping bay viewsSpacious screened-in terraceSliding glass doorsPrivate fully fenced grounds
    Tired of waiting on Uber or Freebee? Why not make this stunning bayfront estate your own private slice of paradise, right in the heart of Islamorada? Just a flip-flop stroll away from local favorites like MEAT Eatery, Shima, Marker 88, and City Hall Cafe, this property places you at the vibrant core of island living. Behind its private, fully fenced grounds, you'll discover sweeping bay views and a rare tiki hut at the end of the dock--your new go-to spot for toasting unforgettable sunsets. Upstairs, the open-concept living area spills out through sliding glass doors onto a spacious, screened-in terrace, perfect for laid-back evenings or lively gatherings. This level also features three bedrooms and two baths, providing plenty of space for guests or family. Step down from the terrace to your own tropical oasis, complete with a pool, backyard, beach, and dock. The ground floor adds even more flexibility with two additional bedrooms, a bath, and a relaxed living area--ideal for guests or extended family. Whether you're looking for your forever getaway in the Keys or a smart investment when you're not soaking it all in yourself, this property is a rare find. Come see why life really is better by the bay.
    179 days
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    866
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    57
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    Zillow last checked:

    Listing updated:

    Listed by:

    Alina Davis 305-393-0541,

    Coldwell Banker Schmitt Islamorada

    Source: FLKMLS,MLS#: 618165MLS LogoOriginating MLS: Florida Keys

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
      Features
      • Built-in Cabinets, Walk-In Closet(s), Storage, Pantry
      • Flooring: Tile, Carpet, Wood
      • Doors: Impact Rstnce Doors
      • Windows: Drapes/Blinds Incl, Aluminum Frames, Impact Rstnce Window, Accordion
      Interior area
      • Total interior livable area: 2,464 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Carport, Covered, Off Street, Guest, Open
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Screened P/B
      • Exterior features: Sandy Beach
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Decked
      • Fencing: Fenced
      • Has view: Yes
      • View description: Bay/Gulf View, Water
      • Has water view: Yes
      • Water view: Bay/Gulf View,Water
      • Waterfront features: Bay Front, Open Water, Gulf Front, Waterfront, Sandy Beach, Dock: Wood, Dock Length: 100
      Lot
      • Size: 0.52 Acres
      • Dimensions: 100 x 208 x 107 on bay x 247
      • Features: 1/2 - Less Than 1 AC
      Details
      • Parcel number: 00414630000000
      • Zoning: R1
      • Zoning description: Residential Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS, Concrete
      • Roof: Metal,Concrete
      Condition
      • Year built: 1973

      Utilities & green energy

      • Electric: Elect Separate Meter
      • Sewer: Municipal Sewer, Public Sewer
      • Utilities for property: FKAA, Buyer to Verify, Cable Connected

      Community & HOA

      Community
      • Features: Beach, Bike Paths
      • Security: Electric Gate
      • Subdivision: Plant Beach (87.5)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Plantation Key

      Financial & listing details

      • Price per square foot: $1,542/sqft
      • Tax assessed value: $5,257,884
      • Annual tax amount: $14,102
      • Date on market: 1/17/2026
      • Listing terms: No Seller Finance

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        1/17/2026Listed for sale$3,800,000$1,542/sqft
        Source: FLKMLS #618165 Report a problem
        1/16/2026Listing removed$3,800,000$1,542/sqft
        Source: Key West AOR #615167 Report a problem
        5/24/2025Listed for sale$3,800,000-13.6%$1,542/sqft
        Source: Key West AOR #615167 Report a problem
        4/12/2025Listing removed$4,400,000$1,786/sqft
        Source: Key West AOR #608885 Report a problem
        5/14/2024Price change$4,400,000-8.3%$1,786/sqft
        Source: Key West AOR #608885 Report a problem
        2/24/2024Listed for sale$4,800,000-7.7%$1,948/sqft
        Source: Key West AOR #608885 Report a problem
        2/19/2024Listing removed--
        Source: FLKMLS #607794 Report a problem
        12/14/2023Listed for sale$5,200,000$2,110/sqft
        Source: FLKMLS #607794 Report a problem
        12/14/2023Listing removed--
        Source: FLKMLS #605715 Report a problem
        6/18/2023Listed for sale$5,200,000+766.7%$2,110/sqft
        Source: FLKMLS #605715 Report a problem
        8/4/1999Sold$600,000$244/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$15,156 +3.4%$1,623,237 +2.9%
        2024$14,657 +0.7%$1,577,490 +3%
        2023$14,557 +1.9%$1,531,544 +3%
        2022$14,285 -1.4%$1,486,936 +3%
        2021$14,490 +0.9%$1,443,628 +1.4%
        2020$14,358 $1,423,697 +2.3%
        2019$14,358 +0.3%$1,391,689 +1.9%
        2018$14,314 +2.4%$1,365,740 +2.1%
        2017$13,984 +4.1%$1,337,650 +2.1%
        2016$13,432 -3.6%$1,310,138 +0.7%
        2015$13,928 $1,301,031
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33036

        Getting around

        27 / 100
        Car-Dependent
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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