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$5,000,000
Upper Matecumbe Key Islamorada, FL 33036
MLS# 579804
Status: Closed
5 beds | 5.1 baths | 4503 sqft
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Property Description
Picroc Ali, also known as The Historic Russell Estate, boasts 7.69 luscious acres of some of the most beautiful land the Florida Keys has to offer. Situated on the Florida Bay, this lovely estate offers 600' of private canal frontage with protected dockage, an elegant pool & spa and private gated entry with long winding driveway. One can enjoy gorgeous sunsets year-round at this supreme location. With over 4,500 square feet of living, this 5B/5.5B home is constructed of CBS block with a concrete roof. The layout of this well-thought-out residence affords full privacy in the master suite and all of the guest suites. The elevator and 4 enclosed garage bays are centrally and conveniently located.
Details
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Documents
Contract Information
Current Price: $5,000,000
Listing Date: 2018-04-16
Listing Board: Florida Keys
Sold Price: $5,000,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 83080
Street Name: Overseas
Street Suffix: Highway
Key/Island: Upper Matecumbe Key Islamorada
State/Province: FL
Zip Code: 33036
County: Monroe
Subdivision: Russell Estates (83.2)
Mile Marker: 83.2
Area: 23 - Upper Matecumbe
Side: Bay/Gulf
Flood Zone: AE,AE,VE,AE
Handicap Access: Yes
Alternate Key #: 1109894
Add'l Parcel #1: 3 Parcels of Land
Add'l Parcel #2: 1 RE# for Taxes
Parcel #: 00094660-000000
Zoning: NR - Native Residential
Deed Restrictions: Unknown
Legal: T28 63 37 PT GOVT LOT 2 AND ADJ BAY BTM NWLY PT LOTS 2 AND 3 ISLAND OF UPPER MATECUMBE OR199-480 OR235-200/02 OR1133-223
Taxes: 14928.83
Tax Year: 2017
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 4
Pool: Yes
Year Built: 1978
Lot SqFt: 334976
Acres: 7.69
Living Apx SqFt: 4503
SqFt Source: Property Data Card
Total Bedrooms: 5
Full Baths: 5
Half Baths: 1
Total Baths: 5.1
Rentals Allowed: With Restrictions
Min Rental Days: 7
Remarks & Misc
Remarks – Consumer: Picroc Ali, also known as The Historic Russell Estate, boasts 7.69 luscious acres of some of the most beautiful land the Florida Keys has to offer. Situated on the Florida Bay, this lovely estate offers 600' of private canal frontage with protected dockage, an elegant pool & spa and private gated entry with long winding driveway. One can enjoy gorgeous sunsets year-round at this supreme location. With over 4,500 square feet of living, this 5B/5.5B home is constructed of CBS block with a concrete roof. The layout of this well-thought-out residence affords full privacy in the master suite and all of the guest suites. The elevator and 4 enclosed garage bays are centrally and conveniently located.
Directions: M.M. 83.1 bayside, private gated entry, name Picroc Ali on electric gate.
Status Change Info
Sold Date: 2019-05-31
Sold Price: $5,000,000
Status: Closed
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Seawall: Cut/Natural
Building Style
Above Flood: Yes
Stories: 2 Stories
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Bay Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Vehicle Storage: Garage; Auto Door Opener; Covered Parking; Guest Parking; Off Street Parking; RV Parking Open; Trailer Storage
Furnished: Unfurnished
Cooling: Ceiling Fans(s); Central Air
Porch/Balcony: Open Porch/Balcony; Patio; Screened Patio
Utilities: Buyer to Verify; Cable Available; Cistern; FKAA; Municipal Sewer; Propane
Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Elevator; Storage; Walk-in Closet(s)
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer
Exterior Features: Fruit Tree(s); Lighting; Outdoor Shower; Shed; Sprinkler System; Storage
Pool Info: In Ground; Concrete; Decked
Construction: CBS
Shutters: Other
Floor: Carpet; Tile; Other
Roof: Concrete Roof
Pets: Pets Allowed
Security: Electric Gate
Land Size: 5 Less Than 10 Acres
Terms: Buyer Obtain Finance
Title: Title Ins - Buyer
Supplements
Enjoy the open-water views from the large open patio, balcony or screened-in outdoor living room, with 5th bath that features a large, enclosed outdoor shower. Meandering through this Estate is reminiscent of days gone by, and energizing relative to today's Islamorada lifestyle. There is plenty of room to build a guest house and caretaker's cottage, which is allowed for this zoning (minimum of 4 acres required). Enjoy fruit from trees on property, such as Avocado, Mango, Key Lime, Tangelo & Calamondin. 7.69 Acres includes baybottom. The Russell Estate was the first and only land grant given to a woman, in the United States, in 1884. Richard and Mary Ann Russell settled with their children, in Islamorada, between 1854 and 1856. They applied for a land grant in both names, but Richard died before the land was granted. Therefore, the land was granted to Mary Ann Russell in 1882.
Survey & Elevation Certificate 
Russell Family Survivors -1935 Hurricane 
Listing Office: American Caribbean Real Estate, Christie's International Real Estate
Last Updated: February - 16 - 2023
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