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Sold for $9,000,000
  • $9,000,000

    88011 Old Hwy, Plantation Key, FL 33036

    5beds
    7,813sqft
    Single Family Residence
    Built in 2006
    7.89 Acres Lot
    $9,231,300 Zestimate®
    $1,152/sqft
    $46,637 Estimated rent

    Home value

    $9,231,300

    $8.22M - $10.43M

    $46,637/mo

    Zestimate® history
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    $53,875/mo

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    What's special

    Luxury Oceanfront Estate in Islamorada - Island Living at Its Finest! Welcome to your private paradise where luxury meets tranquility. This exquisite oceanfront estate is a true gem, offering unparalleled elegance, stunning Atlantic Ocean views and a harmonious blend of island living and modern luxury. Nestled on the Atlantic Ocean, this estate boasts a prime location with 450 feet of pristine beachfront accessible via a private, gated entrance and a long winding breathtaking road. Spanning almost 8 acres of upland and an additional 2 acres of bay bottom, this expansive property provides a rare and generous slice of paradise in the Florida Keys. Between the main house and the guest house lies a heated pool and hot tub with a Keystone deck, creating the perfect spot to bask in the island lifestyle while overlooking the Atlantic Ocean. Grand porches at the back of the home invite you to enjoy the refreshing ocean breeze.The main house, encompassing 6652 sqft of living space. The entrance features marble flooring with two elegant staircases, setting the tone for the opulence that awaits within. Floor-to-ceiling windows in the living area invite abundant natural light and offer uninterrupted views of the Atlantic Ocean.The gourmet kitchen is a culinary masterpiece, featuring artisan-style cabinetry, a gas Thermador stove with double ovens, an oversized pantry, and a Sub Zero refrigerator.The main floor includes a luxurious guest suite with a Jacuzzi tub and spa-like showers, while the third story is dedicated to two grand master suites, ensuring privacy and comfort. A separate guest house, comprising 1161sqft, offers two oversized bedrooms with ensuite bathrooms, living room with an abundance of natural light. Both the main house and the guest house feature Brazilian Mahogany throughout, adding an extra touch of sophistication to this already magnificent residence. This property is not a home; it's a lifestyle. DOCK PERMIT APPLIED FOR! WEEKLY RENTALS ALLOWED!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Frins P.A. 305-522-1479,

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    Bought with:

    Lisa Frins P.A., 0672871

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    Source: FLKMLS,MLS#: 608065MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Gas Appliances, Stainless Steel Appliance(s)
    • Laundry: Laundry Room
    Features
    • Built-in Features, Granite Counters, Storage, Walk-in Closet(s)
    • Flooring: Wood, Marble
    • Attic: Pull Down Stairs
    Interior area
    • Total structure area: 7,813
    • Total interior livable area: 7,813 sqft

    Property

    Parking
    • Parking features: Attached, Open
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Widow's Walk
    • Exterior features: Sandy Beach, Storage
    • Has private pool: Yes
    • Pool features: In Ground, Concrete
    • On waterfront: Yes
    Lot
    • Size: 7.89 Acres
    • Dimensions: 10.85 AC / 2.1 AC is bay bottom
    Details
    • Additional structures: Guest House
    • Parcel number: 00415020000000
    • Zoning: R1 - Residential Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS, Concrete
    Condition
    • Year built: 2006

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $1,152/sqft
    • Tax assessed value: $7,494,204
    • Annual tax amount: $47,847
    • Date on market: 1/7/2024

    Price history

    DateEventPrice
    7/15/2024Sold$9,000,000-9.1%$1,152/sqft
    Source: FLKMLS #608065 Report a problem
    6/7/2024Contingent$9,900,000$1,267/sqft
    Source: MIAMI #A11520630 Report a problem
    5/28/2024Pending sale$9,900,000$1,267/sqft
    Source: MIAMI #A11520630 Report a problem
    5/28/2024Contingent$9,900,000$1,267/sqft
    Source: FLKMLS #608065 Report a problem
    3/21/2024Price change$9,900,000-16.8%$1,267/sqft
    Source: FLKMLS #608065 Report a problem
    1/7/2024Listed for sale$11,900,000+9.2%$1,523/sqft
    Source: Key West AOR #608065 Report a problem
    4/1/2023Listing removed--
    Source: FLKMLS #598598 Report a problem
    12/1/2022Listed for sale$10,900,000$1,395/sqft
    Source: FLKMLS #598598 Report a problem
    11/24/2022Listing removed--
    Source: FLKMLS #598598 Report a problem
    11/23/2021Listed for sale$10,900,000-8.4%$1,395/sqft
    Source: FLKMLS #598598 Report a problem
    8/11/2021Listing removed--
    Source: FLKMLS #592156 Report a problem
    8/19/2020Listed for sale$11,900,000+3708%$1,523/sqft
    Source: Ocean Sotheby's International Realty #592156 Report a problem
    1/13/1995Sold$312,500$40/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$68,956 +36.5%$7,494,204 +72.2%
    2024$50,532 +5.6%$4,351,852 +10%
    2023$47,848 +11%$3,956,229 +10%
    2022$43,093 +15.1%$3,596,572 +10%
    2021$37,432 +21.8%$3,269,611 +10%
    2020$30,723 $2,972,374 +3.1%
    2019$30,723 +0.9%$2,883,386 -1%
    2018$30,434 +1.1%$2,912,596 -7.7%
    2017$30,088 +4.9%$3,155,490 +3.4%
    2016$28,679 +1.1%$3,052,030 -2.5%
    2015$28,361 $3,129,939
    Find assessor info on the county website

    Neighborhood: 33036

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $9,231,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $9,231,300