430 Palm Drive, Lower Matecumbe, FL 33036

New Listing
$6,500,000
Property Type: Residential Bedrooms: 5 Baths: 7 Square Footage: 5,153 Lot Size (sq. ft.): 10,000 Status: Active
Current Price: $6,500,000 List Date: 12/26/2025 Last Modified: 12/26/2025

Description

Experience modern coastal luxury in Islamorada, where elevated design meets premier waterfront living. Built in 2017, this custom contemporary estate offers over 5,100sf of thoughtfully designed living space, set just one lot from the bay and across from a tranquil mangrove preserve that enhances both privacy and natural beauty. Boaters will love the setup - 100' of dockage with 2 elevator boat lifts (20,000lb and 15,000lb), plus easy access to Everglades National Park and the Atlantic Ocean through the 65' Channel 5 Bridge. Inside, the home feels open, bright, and refined. There are 5 ensuite bedrooms and 2 half baths, each bedroom featuring its own ductless A/C along with the central system. The primary suite includes a cozy sitting area, his-and-hers closets, and partial bay views. A secondary primary suite opens directly to the pool deck, offering privacy for guests or family. The top level centers around a stunning great room with vaulted ceilings, fireplace, and a chef's kitchen with high-end appliances - the perfect setting for entertaining. On the lower level, a relaxed family room with fireplace and wet bar creates another comfortable gathering space. Additional features include laundry on both floors, an elevator, 2-car garage, and gated circular drive. Out back, the saltwater pool, outdoor kitchen, and sound system create a true resort-style atmosphere. The east-facing orientation means warm morning sunshine, shady afternoons, and gentle ocean breezes. With CBS construction, metal roof, and impact windows and doors, this home blends luxury, comfort, and peace of mind. This is waterfront living for those who value both elegance and ease - the Keys lifestyle at its finest.

More Information MLS# 617828

Contract Information

Listing Board: Florida Keys Current Price: $6,500,000 Listing Date: 2025-12-26 List Price: $6,500,000

Location, Tax & Legal

City: ISLAMORADA Mile Marker: 74 Marathon Neighborhood: N/A Side: Bay/Gulf Flood Zone: AE,AE Alternate Key #: 1479578 Parcel #: 00391250-000000 Zoning: R1 - Residential Single Family Deed Restrictions: Unknown Legal: BK 3 LT 10 SAFETY HARBOR PB 3-69 SEC-1 LOWER MATECUMBE KEY OR480-844 OR832-483 OR865-2468 OR1265-2191 OR1345-446/47 OR17 Taxes: 31236.36 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 430 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: 6 Lot SqFt: 10000 Pool: Yes Total Units: 0 Acres: 0.23 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 28 Style: Single Family Year Built: 2017 Living Apx SqFt: 5153 Total Bedrooms: 5 Full Baths: 5 Half Baths: 2 Total Baths: 7

Remarks & Misc

Remarks – Consumer: Experience modern coastal luxury in Islamorada, where elevated design meets premier waterfront living. Built in 2017, this custom contemporary estate offers over 5,100sf of thoughtfully designed living space, set just one lot from the bay and across from a tranquil mangrove preserve that enhances both privacy and natural beauty. Boaters will love the setup - 100' of dockage with 2 elevator boat lifts (20,000lb and 15,000lb), plus easy access to Everglades National Park and the Atlantic Ocean through the 65' Channel 5 Bridge. Inside, the home feels open, bright, and refined. There are 5 ensuite bedrooms and 2 half baths, each bedroom featuring its own ductless A/C along with the central system. The primary suite includes a cozy sitting area, his-and-hers closets, and partial bay views. A secondary primary suite opens directly to the pool deck, offering privacy for guests or family. The top level centers around a stunning great room with vaulted ceilings, fireplace, and a chef's kitchen with high-end appliances - the perfect setting for entertaining. On the lower level, a relaxed family room with fireplace and wet bar creates another comfortable gathering space. Additional features include laundry on both floors, an elevator, 2-car garage, and gated circular drive. Out back, the saltwater pool, outdoor kitchen, and sound system create a true resort-style atmosphere. The east-facing orientation means warm morning sunshine, shady afternoons, and gentle ocean breezes. With CBS construction, metal roof, and impact windows and doors, this home blends luxury, comfort, and peace of mind. This is waterfront living for those who value both elegance and ease - the Keys lifestyle at its finest. Directions: located at MM 74 bayside - turn into Safety Harbor onto Palm Dr. - take a right onto Palm Dr. House is located just before the bend on the right side.

Association Info

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

Fee Includes

None: 1

Dockage

Dock Length: 100

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Heating

Fireplace(s): 1

Waterfront

Canal Front: 1

Waterview

Bay/Gulf View: 1 Canal View: 1

Interior Features

Elevator: 1 Fireplace(s): 1 Pantry: 1 Security System: 1 Walk-in Closet(s): 1

Building Style

Above Flood: Yes

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Garage: 1 Attached: 1

Security

Electric Gate: 1

Construction

CBS: 1

Land Size

1/4 - 1/2 Acre: 1

Furnished

Furnished: 1

Terms

No Seller Finance: 1

Utilities

Cable Available: 1 FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1 Patio: 1

Title

Title Ins - Buyer: 1

Pool Info

In Ground: 1 Salt Water: 1 Heated: Yes

Roof

Metal Roof: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Bay/Gulf View; Canal View Vehicle Storage: Garage; Attached Furnished: Furnished Heating: Fireplace(s) Utilities: Cable Available; FKAA; Municipal Sewer Interior Features: Elevator; Fireplace(s); Pantry; Security System; Walk-in Closet(s) Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer Pool Info: In Ground; Salt Water Construction: CBS Roof: Metal Roof Pets: Pets Allowed Security: Electric Gate Land Size: 1/4 - 1/2 Acre Terms: No Seller Finance Title: Title Ins - Buyer
Listing Office: Coastal Realty of the Florida Keys
Last Updated: December - 26 - 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.