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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
Pending sale
Under contract

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. *Some interior photos are from comparable villas within the property and not exact villa listed.

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

Location

Street address
82779 Old Hwy, # 16
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 619832
Posted

Property taxes

2025
$38,000

Expenses

Homeowner Association Fee
$1,995 monthly

Parcels

  • 00404340-000000

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Harbor, Ocean, Water
Waterfront
Ocean Front

Exterior

Pool
Porch
Features
Outdoor Shower, Sandy Beach

Structure

Condition
Under Construction
Cooling
Central Air
Materials
CBS
Roof
Metal

Interior

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

Listing history

DateEventPriceChangeSource
May 22, 2026New listing$3,800,000FLKEYSMLS
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This 7.61-acre property is located at 82779 Old Hwy # 16 in Upper Matecumbe Key, FL 33036. The property is pending sale. It has a 2,574 sq ft 4 bedroom, 4 bath house built in 2020.

Listed by Ocean Sotheby's International Realty, (305) 712-8888

Checked 2 hours agoUpdated Source

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