
Residential Land with Home for Sale in Plantation Key, Florida
89505 Old Hwy, Plantation Key, FL 33070
Escape to Palm Paradise, a one-of-a-kind oceanfront estate in Islamorada, Florida Keys, where luxury and privacy intertwine on 7.64 secluded acres. This magnificent property boasts 369 feet of pristine ocean frontage, revealing breathtaking panoramic views from nearly every corner. The sprawling 8,988 square foot main residence boasts five spacious bedrooms, five full bathrooms, three half bathrooms, and an array of lavish amenities, including a chef's dream kitchen, a 500-bottle wine cellar, a private gym, an elevator, and a custom pool with a soothing water feature. Expansive outdoor living spaces beckon with a tiki bar, outdoor kitchen, beachside fire pit, lighted tennis court with cabana and half bathroom, and a private beach fringed with swaying palms. A separate two bedroom, one bathroom guest house provides privacy and comfort for visitors, while a whole-house generator ensures uninterrupted tranquility. Indulge in breathtaking sunrises from your private observation pier or perfect your short game on the estate's putting green. Palm Paradise is more than just a home; it's an invitation to embrace a life of unparalleled luxury, seclusion, and the laid-back allure of the Florida Keys.
Location
- Street address
- 89505 Old Hwy
- County
- Monroe County
- Community
- Trop Coral Reef (89.0)
- Elevation
- 3 feet
Directions
MM 89.5 oceanside Old Hwy. No sign on property.
Property details
- Acreage
- 7.64 acres
- Zoning
- NR - Native Residential
- MLS #
- FLKEYSMLS 616051
- Posted
Property taxes
- 2024
- $56,368
Parcels
- 00092570-000100
Legal description
5 63 38 PLANTATION KEY OR LONG ISLAND PT GOVT LOT 6 & ADJ BAY BTM SE'LY G37-221 OR186-271(II DEED 22485) OR556-986/89 OR
Resources
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- View
- Ocean, Water
- Waterfront
- Oceanfront, Waterfront
Exterior
- Parking
- Covered, Garage
- Fencing
- Fenced, Privacy
- Structures
- Outdoor Kitchen, Storage, Tennis Court(s)
- Features
- Bar, Built-In Grill, Chickee Hut, Detached Guest QTRS, Fencing, Hot Tub, Lanai, Lighting, Outdoor Shower, Privacy Wall/Fence, Sandy Beach, Sprinkler System, Tennis Court(s), Water Display
Structure
- Stories
- 3
- Cooling
- Ceiling Fan(s)
- Materials
- Concrete
- Roof
- Metal
Interior
- Rooms
- Bathroom x 5, Bedroom x 5
- Flooring
- Marble, Tile, Wood
- Appliances
- Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
- Security
- Security System
- Accessibility
- Accessible Elevator Installed
- Features
- Built-In Cabinets, Cathedral Ceilings, Elevator, Entrance Foyer, Fireplace(s), Granite Counter Top, Smoke Alarms, Split Bedroom, Walk-In Closet(s), Wet Bar
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 2, 2025 | Price drop | $27,800,000 | $1,000,000 -3.5% | FLKEYSMLS |
| Aug 6, 2025 | New listing | $28,800,000 | — | FLKEYSMLS |





























































































































