89707 Old Hwy, Plantation Key, FL 33070
FOR SALE1.51 ACRES

89707 Old Hwy
Plantation Key, FL 33070

  • 5 Beds
  • 6 Baths
  • 6,269 sqft (on 1.51 acres)
  • 5 Beds
  • 6 Baths
  • 6,269 sqft (on 1.51 acres)

$8,500,000

Est. Mortgage $48,741/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Live the ultimate island life at The Point ... one of Islamorada's most elegant oceanfront estates with a one-of-a-kind peninsula stretching out into the Atlantic for breathtaking sunrises and torch-lit evenings soaking in the tropical breezes. Beautifully situated on a sprawling 1.5 acres of upland, The Point boasts your own private boat basin with boat lift and jet ski davits and an expansive sandy beach surrounding the lagoon-style pool and spa. There is also a hand-painted poolside tiki bar with custom wood counters, bar sink, mini-frig, and poolside entertainment system for resort-style fun in the sun. This property stands out on Islamorada's ''Millionaires' Row,'' which is an eclectic collection of unique open water estates all with distinctive entry gates, winding driveways and lush tropical foliage. This privately gated estate also includes a shady, lighted tennis court with courtside tiki hut, plus a wide circular driveway that offers plenty of room for parking RVs and trailers. There is also a two-car garage and an air-conditioned tackle/storage room. Upstairs on the main level is an expansive living room with open water views, tongue and groove wood ceilings, ocean view dining room, and a spacious kitchen with gas cooktop and high-end appliances. Also on the main level is a bedroom wing with the sprawling ocean view primary suite, private ocean view porch, and a roomy primary bath with soaker tub and wrap-around views of the beach and the endless turquoise ocean. Around the corner from the primary suite is a second bedroom with its own porch which shares a full bath with the office. The office could also be used as an upstairs third bedroom or extra guest room if desired. The downstairs area adds three bedrooms and three full baths in two private, fully appointed efficiency guest suites. Enjoy the serenity and privacy of The Point with immediate family or invite your friends with plenty of room for entertaining inside and out. Must see!

Home Highlights

Parking
Garage
Outdoor
Porch, Patio, Pool
View
Ocean, Water
HOA
None
Price/Sqft
$1,356
Listed
116 days ago

Home Details for 89707 Old Hwy

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 6Number of Bathrooms (full): 5Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 6269 Square Feet
Appliances & Utilities
Utilities: Cable Available, FKAAAppliances: Dishwasher, Washer, Oven, Refrigerator, Range, DryerDishwasherDryerLaundry: Laundry RoomRefrigeratorWasher
Heating & Cooling
Has CoolingAir Conditioning: Central AirNo Heating
Fireplace & Spa
Has a Fireplace
Gas & Electric
Electric: Elect Separate Meter
Windows, Doors, Floors & Walls
Window: Other Windows/Doors, Impact Rstnce Window, Accordion, Roll Down Electric, PanelDoor: Impact Rstnce Doors, Sliding Glass DoorsFlooring: Carpet, Tile, Marble, Combination
Levels, Entrance, & Accessibility
Accessibility: YesFloors: Carpet, Tile, Marble, Combination
View
Has a ViewView: Ocean, Water
Security
Security: Electric Gate, On Premises System

Exterior Features

Exterior Home Features
Roof: TilePatio / Porch: Open Porch/Balcony, PatioOther Structures: Workshop, Chickee HutExterior: Bar, Sandy Beach, Tennis Court(s), Storage, Sprinkler System, LightingSprinkler System
Parking & Garage
No CarportHas a GarageNo Attached GarageHas Open ParkingParking: Covered,Off Street,Trailer Storage,RV Parking Open,Open,Garage,Guest
Pool
Pool: Concrete, In Ground, DeckedPool
Frontage
WaterfrontWaterfront: Oceanfront, Open Water, Waterfront, Sandy Beach, Seawall: Rip Rap, Dock: Concrete, Dock Length: 75, Dockage: Basin, Davits, Boat LiftOn Waterfront
Water & Sewer
Sewer: Municipal Sewer, Public Sewer

Days on Market

Days on Market: 116

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: CBSNot a New Construction
Property Information
Condition: Updated/RemodeledParcel Number: 00092450000000

Price & Status

Price
List Price: $8,500,000Price Per Sqft: $1,356

Active Status

MLS Status: Active

Location

Direction & Address
City: IslamoradaCommunity: Lake Harbor (89.5)

Agent Information

Listing Agent
Listing ID: 608024

HOA

HOA Fee Includes: NoneAssociation for this Listing: Florida KeysNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 1.51 Acres

Miscellaneous

Mls Number: 608024Water ViewWater View: Ocean, Water
Last check for updates: about 12 hours ago
Listing courtesy of Brett Newman, (305) 393-1770
Coldwell Banker Schmitt Islamorada
Margo Newman, (305) 393-1770
Coldwell Banker Schmitt Islamorada
Originating MLS: Florida Keys
Source: FLKMLS, MLS#608024
Also Listed on Key West AOR.

Price History for 89707 Old Hwy

DatePriceEventSource
01/04/2024$8,500,000Listed For SaleFLKMLS #608024
07/12/2022ListingRemovedFLKMLS #599164
01/12/2022$8,500,000Listed For SaleFLKMLS #599164
11/01/2021ListingRemovedFLKMLS #587281
09/11/2019$8,300,000Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2023
Tax$50,575
Assessment$6,483,729
Home facts updated by county records

Comparable Sales for 89707 Old Hwy

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.25
Single-Family Home
$6,385,000
03/05/24
4
6
6,962
0.28
Single-Family Home
$2,475,000
10/17/23
4
4
2,740
0.19
Single-Family Home
$2,175,000
06/16/23
4
3
2,625
0.77
Single-Family Home
$4,100,000
09/22/23
5
8
7,281
0.63
Single-Family Home
$3,100,000
03/19/24
5
5
3,355
0.57
Single-Family Home
$1,300,000
06/29/23
4
3
3,444
0.40
Single-Family Home
$2,100,000
11/03/23
4
3
2,252
0.70
Single-Family Home
$2,477,000
11/06/23
4
4
2,776
0.41
Single-Family Home
$1,700,000
04/18/24
3
2
2,669
0.77
Single-Family Home
$3,300,000
10/26/23
4
5
3,452

LGBTQ Local Legal Protections

Brett Newman, Coldwell Banker Schmitt Islamorada
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
89707 Old Hwy, Plantation Key, FL 33070 is a 5 bedroom, 6 bathroom, 6,269 sqft single-family home built in 1963. This property is currently available for sale and was listed by FLKMLS on Jan 4, 2024. The MLS # for this home is MLS# 608024.