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New construction
    • Price cut: $250K (5/29)
    $4,750,000

    88 W Plaza Del Lago, Lower Matecumbe Key, FL 33036

    5beds
    4,064sqft
    : 
    $29,322/mo
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    Single Family Residence
    Built in 2023
    7,405 Square Feet Lot
    $-- Zestimate®
    $1,169/sqft
    $43/mo HOA

    What's special

    Experience elevated coastal living in this elegant Port Antigua retreat. Thoughtfully designed for comfort, privacy, effortless entertaining and situated in a prime waterfront location, this beautiful resort-style residence offers generous living spaces, including both upstairs and downstairs primary suites, three additional guest suites, a dedicated office, shaded porches on both levels and a spacious garage for ultimate flexibility. The gourmet kitchen flows seamlessly to a fully equipped outdoor kitchen and shaded lounge area--ideal for al fresco dining by the pool amid lush tropical landscaping. A rare combination of classic design, modern amenities, and timeless island charm. Effortless boating and space for all of your waterfront toys with 75' of deepwater dockage and quick access to both ocean and bay. Nearby homeowner's park provides the added bonuses of a private, sandy beach and boat ramp. With the serene, wide canal views and cooling bay breezes, and this is where luxury, comfort, and natural beauty, convenience converge.
    390 days
    |
    471
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sabrina Wampler & Sarah Ewald 305-393-0585,

    Ocean Sotheby's International Realty

    Source: FLKMLS,MLS#: 615676MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Dishwasher, Refrigerator, Range, Oven, Wine Cooler
      • Laundry: Laundry Room
      Features
      • Built-in Features, Storage, Walk-in Closet(s)
      • Flooring: Tile
      Interior area
      • Total structure area: 4,064
      • Total interior livable area: 4,064 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Patio & porch: Open Porch/Balcony, Deck, Patio
      • Exterior features: Outdoor Kitchen, Storage
      • Has private pool: Yes
      • Pool features: In Ground
      • On waterfront: Yes
      Lot
      • Size: 7,405 Square Feet
      Details
      • Parcel number: 00394487005200
      • Zoning: R1 - Residential Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2023

      Community & HOA

      Community
      • Features: Beach
      • Security: No Security, Security System
      • Subdivision: Port Antigua (74.5)
      HOA
      • Has HOA: No
      • Services included: None, Other
      • HOA fee: $510 annually
      Location
      • Region: Lower Matecumbe Key

      Financial & listing details

      • Price per square foot: $1,169/sqft
      • Tax assessed value: $2,906,909
      • Annual tax amount: $26,695
      • Date on market: 7/4/2025
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/29/2026Price change$4,750,000-5%$1,169/sqft
        Source: FLKMLS #615676 Report a problem
        7/4/2025Listed for sale$5,000,000+16.3%$1,230/sqft
        Source: Key West AOR #615676 Report a problem
        11/1/2023Sold$4,300,000$1,058/sqft
        Source: Key West AOR #607111 Report a problem
        10/20/2023Pending sale$4,300,000+681.8%$1,058/sqft
        Source: FLKMLS #607111 Report a problem
        4/9/2021Sold$550,000$135/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$26,983 +1.1%$2,906,909 +0.5%
        2024$26,696 +158.3%$2,892,636 +167.4%
        2023$10,334 +75.8%$1,081,875 +84.9%
        2022$5,877 +76.1%$585,000 +154.3%
        2021$3,337 +7.2%$230,028 +10%
        2020$3,114 $209,116 -37.3%
        2019$3,114 +8.6%$333,750 +1.7%
        2018$2,867 +4.9%$328,125 +22%
        2017$2,732 +13.8%$268,913 -0.3%
        2016$2,400 -0.6%$269,631 +10.1%
        2015$2,415 $244,947
        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

        7 / 100
        Car-Dependent
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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