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$8,500,000
89707 Old Highway
Plantation Key, FL 33070
MLS# 608024
5 beds  |  6 baths  |  6269 sqft


89707 Old Highway, Plantation Key, FL 33070
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Property Description
Live the ultimate island life at The Point ... one of Islamorada's most elegant oceanfront estates with a one-of-a-kind peninsula stretching out into the Atlantic for breathtaking sunrises and torch-lit evenings soaking in the tropical breezes. Beautifully situated on a sprawling 1.5 acres of upland, The Point boasts your own private boat basin with boat lift and jet ski davits and an expansive sandy beach surrounding the lagoon-style pool and spa. There is also a hand-painted poolside tiki bar with custom wood counters, bar sink, mini-frig, and poolside entertainment system for resort-style fun in the sun. This property stands out on Islamorada's ''Millionaires' Row,'' which is an eclectic collection of unique open water estates all with distinctive entry gates, winding driveways and lush tropical foliage. This privately gated estate also includes a shady, lighted tennis court with courtside tiki hut, plus a wide circular driveway that offers plenty of room for parking RVs and trailers. There is also a two-car garage and an air-conditioned tackle/storage room. Upstairs on the main level is an expansive living room with open water views, tongue and groove wood ceilings, ocean view dining room, and a spacious kitchen with gas cooktop and high-end appliances. Also on the main level is a bedroom wing with the sprawling ocean view primary suite, private ocean view porch, and a roomy primary bath with soaker tub and wrap-around views of the beach and the endless turquoise ocean. Around the corner from the primary suite is a second bedroom with its own porch which shares a full bath with the office. The office could also be used as an upstairs third bedroom or extra guest room if desired. The downstairs area adds three bedrooms and three full baths in two private, fully appointed efficiency guest suites. Enjoy the serenity and privacy of The Point with immediate family or invite your friends with plenty of room for entertaining inside and out. Must see!

Details
Maps
Contract Information
Current Price: $8,500,000
Listing Date: 2024-01-04
Listing Board: Florida Keys
List Price: $8,500,000
As is Rght to Inspct: Yes
Species List: Yes
Location, Tax & Legal
Street #: 89707
Street Name: Old
Street Suffix: Highway
Key/Island: Plantation Key
State/Province: FL
Zip Code: 33070
Off Shore Island: No
County: Monroe
Subdivision: Lake Harbor (89.5)
Mile Marker: 89.5
Area: 25 - Plantation Key
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: VE,AE
Handicap Access: Yes
Alternate Key #: 1107191
Parcel #: 00092450-000000
Zoning: NR - Native Residential
Deed Restrictions: Unknown
Legal: 5 63 38 PLANTATION KEY OR LONG ISLAND PT GOV LOT 5 & ADJ BAY BTM G32-337 (see deed)
Taxes: 50575.45
Tax Year: 2023
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 3
Pool: Yes
Year Built: 1963
Total Units: 1
Lot Size: 1.51 acres upland + .76 acres baybottom
Lot SqFt: 53776
Lot Sqft Source: Tax Records
Acres: 1.51
Living Apx SqFt: 6269
SqFt Source: Seller
Total Bedrooms: 5
Full Baths: 5
Half Baths: 1
Total Baths: 6
Rentals Allowed: Yes
Min Rental Days: 7
Remarks & Misc
Remarks – Consumer: Live the ultimate island life at The Point ... one of Islamorada's most elegant oceanfront estates with a one-of-a-kind peninsula stretching out into the Atlantic for breathtaking sunrises and torch-lit evenings soaking in the tropical breezes. Beautifully situated on a sprawling 1.5 acres of upland, The Point boasts your own private boat basin with boat lift and jet ski davits and an expansive sandy beach surrounding the lagoon-style pool and spa. There is also a hand-painted poolside tiki bar with custom wood counters, bar sink, mini-frig, and poolside entertainment system for resort-style fun in the sun. This property stands out on Islamorada's ''Millionaires' Row,'' which is an eclectic collection of unique open water estates all with distinctive entry gates, winding driveways and lush tropical foliage. This privately gated estate also includes a shady, lighted tennis court with courtside tiki hut, plus a wide circular driveway that offers plenty of room for parking RVs and trailers. There is also a two-car garage and an air-conditioned tackle/storage room. Upstairs on the main level is an expansive living room with open water views, tongue and groove wood ceilings, ocean view dining room, and a spacious kitchen with gas cooktop and high-end appliances. Also on the main level is a bedroom wing with the sprawling ocean view primary suite, private ocean view porch, and a roomy primary bath with soaker tub and wrap-around views of the beach and the endless turquoise ocean. Around the corner from the primary suite is a second bedroom with its own porch which shares a full bath with the office. The office could also be used as an upstairs third bedroom or extra guest room if desired. The downstairs area adds three bedrooms and three full baths in two private, fully appointed efficiency guest suites. Enjoy the serenity and privacy of The Point with immediate family or invite your friends with plenty of room for entertaining inside and out. Must see!
Directions: Mile Marker 89.5 oceanside on Old Highway. Gated with no sign. Appointment only.
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock Length: 75
Dock: Concrete
Seawall: Rip Rap
Building Style
Above Flood: Unknown
Property Features
Fee Includes: None
Tax Exemptions: Homestead
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Dockage: Basin; Boat Lift; Davits
Property Condition: Updated/Remodeled
Vehicle Storage: Garage; Covered Parking; Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage
Furnished: Negotiable
Cooling: Central Air
Porch/Balcony: Open Porch/Balcony; Patio
Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Cathedral Ceilings; Entrance Foyer; Fireplace(s); Granite Counter Top; Pantry; Quartz Countertops; Split Bedroom; Storage; Walk-in Closet(s)
Specialty Rooms: Laundry Room; Workshop
Appliances: Dishwasher; Dryer; Oven; Range; Refrigerator; Washer
Exterior Features: Bar; Chickee Hut; Lighting; Sandy Beach; Sprinkler System; Storage; Tennis Court(s)
Pool Info: In Ground; Concrete; Decked
Construction: CBS
Windows/Doors: Impact Rstnce Doors; Impact Rstnce Window; Other Windows/Doors; Sliding Glass Doors
Shutters: Accordion; Panel; Roll Down Electric
Floor: Carpet; Combo; Marble; Tile
Roof: Tile Roof
Pets: Pets Allowed
Security: Electric Gate; On Premises System
Land Size: 1 Less Than 2 Acres
Title: Title Ins - Buyer

Listing Office: Coldwell Banker Schmitt Islamorada

Last Updated: January - 24 - 2024


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