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Improved Mixed-Use Land for Sale in Upper Matecumbe Key, Florida

82779 Old Hwy, Upper Matecumbe Key, FL 33036

$3,800,000
7.6 acres
Active
ago
Est $20,947/mo

The Villas at the Islands of Islamorada is a meticulously designed, private gated community now offering fee-simple waterfront single family residences. Every comfort considered and exuding coastal living with stunning ocean views. Four bedrooms, four and one-half bathrooms three-floor villa offers 2,574 sq ft of interior plus 1,169 sq ft patios. Contemporary island architecture with an open, airy, and light-filled design. Residences are being offered fully furnished and amenities include open-concept kitchen, dining, and living spaces, powder room, ample closets, two oceanfront balconies, laundry room, 8 ft interior doors, and a 2-car garage with electric charging and added storage. The Beach Club delivers a luxurious experience with its pristine 600ft beach, private boat basin with ample dockage, two oceanfront pools, an oceanfront bar, fitness center, playgrounds for the kids, pickleball courts, unique driving range that extends into the ocean, plus a plethora of water activities allowing guests to fully immerse themselves in the Keys lifestyle. The privacy and exclusivity of this community set itself apart as a gated secluded beach destination environment surrounded by lush, mature landscaping that allows for either full time residency or effortless multigenerational vacations complete with and attentive staff. Open model unit available to show anytime.

2,574
Sq feet
4
Beds
4
Full baths
1
1/2 bath
2020
Built

Location

Street address
82779 Old Hwy, Unit 14
Community
Russell Estates (83.2)
Elevation
2 feet
Coordinates
24.9278, -80.6218

Property details

Acreage
7.61 acres
Zoning
TC - Tourist Commercial
MLS #
FLKEYSMLS 618400
Posted

Property taxes

2025
$4,000

Expenses

Home Owner Assessments Fee
$1,995 monthly

Parcels

  • 00404340-001400

Legal description

Resources

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Harbor, Marina, Ocean, Water
Waterfront
Oceanfront, Waterfront

Exterior

Parking
Garage, Guest
Structures
Gazebo, Tennis Court(s)
Features
Chickee Hut, Hot Tub, Lighting, Outdoor Shower, Sandy Beach, Tennis Court(s)

Structure

Stories
3
Cooling
Ceiling Fan(s)
Materials
Concrete
Roof
Metal

Interior

Rooms
Bathroom x 5, Bedroom x 4
Flooring
Tile
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Features
Fire Sprinkler, Quartz Countertops, Smoke Alarms, Storage, Walk-In Closet(s)

Listing history

DateEventPriceChangeSource
Jan 30, 2026New listing$3,800,000FLKEYSMLS
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This 7.61-acre property is located at 82779 Old Hwy Unit 14 in Upper Matecumbe Key, FL 33036. The property is available for sale for $3,800,000. It has a 2,574 sq ft 4 bedroom, 4 bath house built in 2020.

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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