400 Palm Drive, Lower Matecumbe, FL 33036

$5,600,000
Property Type: Residential Bedrooms: 6 Baths: 8 Square Footage: 4,700 Lot Size (sq. ft.): 10,000 Status: Closed
Current Price: $5,600,000 List Date: 1/26/2025 Last Modified: 5/12/2025

Description

Welcome to Mykonos Villa, a luxurious 6-bedroom, 7.5-bathroom estate in Islamorada, FL. This home features an open layout with natural light, sleek finishes, and refined design. The gourmet kitchen, with a La Cornue stove, high-end appliances, and custom cabinetry, flows seamlessly into the living and dining areas, perfect for entertaining. A smart home system manages temperature, security, and pool features. Each bedroom includes a private en-suite bathroom. The master suite offers breathtaking views, a private balcony, spa-inspired bathroom, and spacious walk-in closet. Outdoors, enjoy a pool, hot tub, kitchen, 100 feet of private dockage, two boat lifts, and a fish cleaning station. Mykonos Villa—Live where the ocean greets luxury, and paradise is your everyday address.

More Information MLS# 613346

Contract Information

Listing Board: Florida Keys Potential Short Sale: No Bank Owned: No Current Price: $5,600,000 Listing Date: 2025-01-26 Sold Price: $5,600,000

Location, Tax & Legal

City: ISLAMORADA Mile Marker: 74 Marathon Neighborhood: N/A Side: Bay/Gulf Flood Zone: AE Alternate Key #: 1479667 Parcel #: 00391340-000000 Zoning: R1 - Residential Single Family Deed Restrictions: Unknown Legal: BK 3 LOT 19 SAFETY HARBOR PB3-69 SEC 1 LOWER MATECUMBE KEY OR560-874 OR622-84 OR622-82 OR772-1952 OR823-1251 OR2496-913 Taxes: 19835.47 Tax Year: 2023 Pub Sewer HkUp: Yes Street #: 400 Street Name: Palm Street Suffix: Drive Key/Island: Lower Matecumbe State/Province: FL Zip Code: 33036 County: Monroe Subdivision: Safety Harbor (74.0) Area: 22 - Lower Matecumbe

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 5 Lot SqFt: 10000 Pool: Yes Total Units: 0 Acres: 0.23 SqFt Source: Seller Rentals Allowed: With Restrictions Style: Single Family Year Built: 1989 Living Apx SqFt: 4700 Total Bedrooms: 6 Full Baths: 7 Half Baths: 1 Total Baths: 8

Remarks & Misc

Remarks – Consumer: Welcome to Mykonos Villa, a luxurious 6-bedroom, 7.5-bathroom estate in Islamorada, FL. This home features an open layout with natural light, sleek finishes, and refined design. The gourmet kitchen, with a La Cornue stove, high-end appliances, and custom cabinetry, flows seamlessly into the living and dining areas, perfect for entertaining. A smart home system manages temperature, security, and pool features. Each bedroom includes a private en-suite bathroom. The master suite offers breathtaking views, a private balcony, spa-inspired bathroom, and spacious walk-in closet. Outdoors, enjoy a pool, hot tub, kitchen, 100 feet of private dockage, two boat lifts, and a fish cleaning station. Mykonos Villa—Live where the ocean greets luxury, and paradise is your everyday address.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

Dock Length: 100 Dock: Concrete Boat Lift: 1 Seawall: Concrete

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Freezer: 1 Gas Appliances: 1 Ice Machine: 1 Microwave: 1 Oven: 1 Refrigerator: 1 Washer: 1 Wine Cooler: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Heating

Central: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1

Interior Features

Bar: 1 Built-in Cabinets: 1 Drapes/Blinds Incl: 1 Elevator: 1 Pantry: 1 Quartz Countertops: 1 Walk-in Closet(s): 1 Wet Bar: 1 Window Treatments: 1

Property Condition

New Construction: 1 Updated/Remodeled: 1

Specialty Rooms

Laundry Room: 1 Media Room: 1

Building Style

Above Flood: Yes Stories: 2 Stories

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1 Sliding Glass Doors: 1

Vehicle Storage

Carport: 1 Covered Parking: 1 Garage: 1 Guest Parking: 1 Open Parking: 1

Security

On Premises System: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1 Patio: 1

Exterior Features

Bar: 1 Built-in Grill: 1 Chickee Hut: 1 Fencing: 1 Lighting: 1 Outdoor Kitchen: 1 Privacy Wall/Fence: 1 Rain Gutters: 1

Pool Info

In Ground: 1

Pre-Wired

Cat 5: 1 Surround Sound: 1

Roof

Metal Roof: 1

Financial Status

Auction: No Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Status Change Info

Sold Date: 2025-05-09 Sold Price: $5,600,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Dockage: Boat Lift Property Condition: New Construction; Updated/Remodeled Vehicle Storage: Garage; Carport; Covered Parking; Guest Parking; Open Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Heating: Central Utilities: Municipal Sewer Interior Features: Bar; Built-in Cabinets; Drapes/Blinds Incl; Elevator; Pantry; Quartz Countertops; Walk-in Closet(s); Wet Bar; Window Treatments Pre-Wired: Cat 5; Surround Sound Specialty Rooms: Laundry Room; Media Room Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Appliances; Ice Machine; Microwave; Oven; Refrigerator; Washer; Wine Cooler Exterior Features: Bar; Built-in Grill; Chickee Hut; Fencing; Lighting; Outdoor Kitchen; Privacy Wall/Fence; Rain Gutters Pool Info: In Ground Construction: CBS Roof: Metal Roof Pets: Pets Allowed Security: On Premises System Land Size: Less Than 1/4 Acre Terms: Cash; Conventional
Listing Office: Pine River Realty, LLC
Last Updated: May - 12 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.