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Land with Home for Sale in Upper Matecumbe Key, Florida

79775 Overseas Hwy, Upper Matecumbe Key, FL 33036

$29,500,000
15.8 acres
Active
ago
Est $151,554/mo

A once-in-a-lifetime opportunity to own one of South Florida's most iconic properties.Welcome to Tea Table Key, a breathtaking 15-acre private island estate, accessible by car or by boat, located just minutes from downtown Islamorada and directly across from the iconic Alligator Reef Lighthouse.Surrounded by vivid turquoise waters, this extraordinary sanctuary offers complete privacy and a front-row seat to nature's daily spectacle -- herons and egrets gliding overhead, pelicans diving at sunrise, and eagles soaring above your shoreline.Enjoy the rare luxury of total seclusion without sacrificing convenience. Within minutes, you're immersed in Islamorada's finest restaurants, art galleries, and shopping, yet at home you're embraced by the stillness of your own island world.Conveniently located approximately 1 hour and 30 minutes from Miami International Airport, or a 25-minute helicopter or seaplane ride, Tea Table Key offers an unmatched combination of accessibility and exclusivity.The island features a beautifully updated 6-bedroom residence, along with a tennis court and private dockage. Whether you choose to enjoy the comfort of the existing home or envision an entirely new luxury residence, Tea Table Key presents a truly incomparable canvas in one of the most sought-after destinations in the Florida Keys.

3,104
Sq feet
6
Beds
6
Full baths
1971
Built

Location

Street address
79775 Overseas Hwy
Community
Tea Table (79.5)
Elevation
26 feet
Coordinates
24.8938, -80.6596

Property details

Acreage
15.84 acres
Zoning
NR - Native Residential
MLS #
FLKEYSMLS 618152
Posted

Property taxes

2025
$84,132

Parcels

  • 00097000-000000

Legal description

Resources

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Ocean
Waterfront
Oceanfront, Waterfront

Exterior

Structures
Tennis Court(s)
Features
Bar, Chickee Hut, Detached Guest QTRS, Outdoor Shower, Sandy Beach, Tennis Court(s)

Structure

Stories
2
Roof
Metal

Interior

Rooms
Bathroom x 5, Bedroom x 5
Appliances
Dishwasher, Dryer, Freezer, Refrigerator, Washer

Listing history

DateEventPriceChangeSource
Jan 16, 2026New listing$29,500,000FLKEYSMLS
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This 15.84-acre property is located at 79775 Overseas Hwy in Upper Matecumbe Key, FL 33036. The property is available for sale for $29,500,000. It has a 3,104 sq ft 6 bedroom, 6 bath house built in 1971.

Checked 2 hours ago — Updated

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Copyright (C) 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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