$14,500,000
 $77,839 est/mo Sourced by Back At You

87895 Old Highway , ISLAMORADA, FL 33036

ISLAMORADA, FL 33036

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Description

Nestled in the panoramic setting of Islamorada, Florida, the brand new construction at 87895 Old Hwy offers a premium blend of luxury, privacy, and elegant island living. Sprawled over two acres on the azure Atlantic, this opulent abode stretches a massive 9,011 sq ft under air, extending to over 15,000 sq ft under roof. The expansive property includes five spacious bedrooms, five state-of-the-art baths, along with three additional half baths. The home features Thermador /Uline appliances including ice makers & upgraded eco-insulated commercial CGI windows and doors, an additional investment of $200k over the original allowance, that enhance the comfort and luxury of the interiors. Experience unmatched waterfront vistas with the house's 160 ft concrete jetty wrapped in a retaining wall and an 80 ft dock with electric and water facilities. Preserve your luxury vessels on the 20k 4 post elevator lift, adding convenience to lifestyle. The residence also includes an exercise room w/ possible conversion to 6th bedroom, theater room w/ possible conversion to 7th bedroom , office/den, & a laundry room on each level. An elevator ensures smooth movement across the floors. Indulge in outdoor living with the private pool, jacuzzi & around 1735 sqft of porches for lavish entertainment & serene lounging. The property comes protected by a concrete retention wall along the entire perimeter of the shoreline, ensuring complete tranquility. A private gated entrance exudes grandeur while providing security. This estate is zoned (Residential Estate), allowing the owner to apply for vacation rentals, if desired. Currently under construction with an estimated completion date in February or March 2024, the property is perfect for those seeking a custom luxury experience. Enjoy a world-class island living experience in this architecturally significant estate filled with premium luxuries nestled right on the turquoise-blue waters of the Atlantic. Agents please check agent remarks Pre-Construction Sale: House and Dock Plans on file. Boat ramp will be closed off and sealed with concrete retaining wall. ETA for C/O about Feb or March of 2024. Thermador and Uline Appliances, fixture's, cabinetry, upgraded insulated windows package 200k over allowance, a/c, audio visual equipment package about 183k, have already been ordered. Windows have been received already. Pool ETA about 2 months, dock plans have been approved, includes transfer switch for future generator, power, and water on dock, 20k lift, Do not walk property without appointment listing agent must be present this is a construction site hard hats must be worn.

Details

MLS#606146
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2023
Days On Site433
Listing Provided ByColdwell Banker Schmitt Real Estate Co. | Samuel Davis Williams

Features

Bed(s)5
Bath(s) 8 Total
SQ Feet9,011
PoolYes
ZoningR1 - Residential Single
Acreage0.16
Water FrontYes
Property ViewOpen Water View, Ocean

Market Activity 33036

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The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Key Colony Beach Realty, Inc. are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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Listings Checked: 2 minutes ago
StateFL
CountyMonroe
CityISLAMORADA
Zip Code33036
Area25 Plantation Key
Community NamePlant Beach (87.5)
Listing VS Median (in Plant Beach (87.5))
Price:
$14,500,000
low | high
Med:
$4,400,000
100% of Average
SqFt:
9,011
low | high
Med:
2,764
100% of Average
$ / SqFt:
$1,609
low | high
Med:
$1,592
51.071909775937% of Average
On Site:
433
low | high
Med:
224.000000
100% of Average
Sourced by Back At You
Listing Updated: October 4, 2024 at 10:20:42 AM PDT