89251 Old Highway, Plantation Key, FL 33070

$12,500,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,243 Lot Size (sq. ft.): 302,742 Status: Active
Current Price: $12,500,000 List Date: 5/30/2025 Last Modified: 10/27/2025

Description

Pure magic. Every step on this property is like a step back in time. Once you pass through the gated coral rock entrance you are instantly transported back to the Old Keys as you wind down the driveway through the shady tropical hammock and meander your way to the settler's beach home circa 1934. The charming 3/3 fishing cabin was meticulously updated to add modern comforts but still maintain its relaxing Old Florida appeal. The kitchen, living room and primary bedroom all enjoy open ocean views and all three bedrooms are ensuite. Just sitting on the shady back porch, enjoying the hush of the palms, you could mistake this breathtaking oceanfront for a postcard of yesterday's Florida Keys a century ago. This one-of-a-kind oceanfront estate property includes 4.3 acres of upland plus another 2.65 acres of baybottom and approximately 400 feet along the water! There is also a deep water dock (going into permitting for repair) and a unique collection of rare mature palms. The Native Residential (NR) Zoning allows for many different options for future development and also allows for weekly rentals. This is one of the rare, truly private large parcels on Plantation Key in Islamorada. Don't miss the opportunity to make this unspoiled piece of the past part of your future in the Keys! Call today for more details and to request a private showing.

More Information MLS# 615248

Contract Information

Listing Board: Florida Keys As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: Yes Current Price: $12,500,000 Listing Date: 2025-05-30 List Price: $12,500,000

Location, Tax & Legal

City: ISLAMORADA Off Shore Island: No Mile Marker: 89 Marathon Neighborhood: N/A Side: Ocean Flood Zone: VE,AE Alternate Key #: 8885555 Parcel #: 00092870-000100 Zoning: NR - Native Residential Deed Restrictions: Unknown Legal: 8 63 38 PLANTATION KEY OR LONG ISLAND PT GOVT LOT 1 AND ADJ BB LYING SE'LY GOVT LOT 1 (see deed) Taxes: 45353.97 Tax Year: 2024 Pub Sewer HkUp: Yes Street #: 89251 Street Name: Old Street Suffix: Highway Key/Island: Plantation Key State/Province: FL Zip Code: 33070 County: Monroe Subdivision: Trop Coral Reef (89.0) Area: 25 - Plantation Key

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 4 Lot Size: 4.3 acres upland + 2.65 acres bay bottom Lot SqFt: 302742 Pool: No Lot Sqft Source: Tax Records Total Units: 1 Acres: 6.95 SqFt Source: Tax Records Rentals Allowed: Yes Min Rental Days: 7 Style: Single Family Year Built: 1934 Living Apx SqFt: 1243 Total Bedrooms: 3 Full Baths: 3 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Pure magic. Every step on this property is like a step back in time. Once you pass through the gated coral rock entrance you are instantly transported back to the Old Keys as you wind down the driveway through the shady tropical hammock and meander your way to the settler's beach home circa 1934. The charming 3/3 fishing cabin was meticulously updated to add modern comforts but still maintain its relaxing Old Florida appeal. The kitchen, living room and primary bedroom all enjoy open ocean views and all three bedrooms are ensuite. Just sitting on the shady back porch, enjoying the hush of the palms, you could mistake this breathtaking oceanfront for a postcard of yesterday's Florida Keys a century ago. This one-of-a-kind oceanfront estate property includes 4.3 acres of upland plus another 2.65 acres of baybottom and approximately 400 feet along the water! There is also a deep water dock (going into permitting for repair) and a unique collection of rare mature palms. The Native Residential (NR) Zoning allows for many different options for future development and also allows for weekly rentals. This is one of the rare, truly private large parcels on Plantation Key in Islamorada. Don't miss the opportunity to make this unspoiled piece of the past part of your future in the Keys! Call today for more details and to request a private showing. Directions: Mile marker 89 Old Highway oceanside. Privately gated. No entry without an appointment and listing agent present.

Association Info

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

Fee Includes

None: 1

Dockage

Dock Length: 200 Dock: Wood Dock Permit: Applied For

Tax Exemptions

None: 1

Appliances

Oven: 1 Range: 1 Refrigerator: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Ocean View: 1 Open Water View: 1

Floor

Wood: 1

Building Style

Above Flood: Unknown Conch: 1

Windows/Doors

Other Windows/Doors: 1

Vehicle Storage

Garage: 1 Guest Parking: 1 Open Parking: 1 RV Parking Open: 1 Attached: 1 Off Street Parking: 1 Trailer Storage: 1

Construction

Concrete: 1 Other: 1

Land Size

2 Less Than 5 Acres: 1

Furnished

Negotiable: 1

Utilities

Buyer to Verify: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1 Water Separate Meter: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1

Title

Title Ins - Buyer: 1

Exterior Features

Fruit Tree(s): 1 Outdoor Shower: 1 Sandy Beach: 1 Storage: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Shutters

Other: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Building Style: Conch Vehicle Storage: Garage; Attached; Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Appliances: Oven; Range; Refrigerator Exterior Features: Fruit Tree(s); Outdoor Shower; Sandy Beach; Storage Construction: Concrete; Other Shutters: Other Floor: Wood Roof: Metal Roof Pets: Pets Allowed Land Size: 2 Less Than 5 Acres Title: Title Ins - Buyer
Listing Office: Coldwell Banker Schmitt Islamorada
Last Updated: October - 27 - 2025
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