Prime location! Rare bayfront property in a private gated community located in the heart of downtown Islamorada with gorgeous sunset views, private pool and dockage! This original 4 bed/4 bath concrete home has a concrete roof and is ready for you to come in and make it your own, or take advantage of the existing building right to create your dream home in Islamorada's most exclusive community. Tucked into its own private corner of prestigious Pen Key Club, this ground level concrete home is one of only seven in the 31-home community directly on the open bay and is on one of the largest lots. It also has its own private dock (in need of repair) and a large private pool, in addition to enjoying use of the community boat basin and the community pool if desired. The current home is 2/2 in the main house and has 2 separate 1/1 guest suites, each with its own private entrance. Outside is a large shady grass yard with beautiful mature trees, including a stunning Haden mango. Another unique feature of Pen Key is that the club employs a full-time property manager living on site to maintain the grounds and common areas. After a day out fishing or boating, come home and watch the sunset from your own back yard and then stroll through the meticulously landscaped neighborhood and out the secure front gates to enjoy fine dining just steps away at Ziggie & Mad Dog's. This community is also perfectly situated in downtown near fine dining, bars, boutiques, salons, shops, art galleries, museums and of course, the monthly Art Walk and famous monthly Full Moon Party. The Village of Islamorada also offers Freebee Electric Vehicle Ridesharing for added convenience. If you are ready to live the good life in the heart of downtown Islamorada, then it's time to discover the peace, security and lush tranquility of Pen Key.
MLS# | 603577 |
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Listing Type | For Sale |
HOA Dues | $6,500 |
Sub-Type | Resale |
Status | Active |
Year | 1964 |
Days On Site | 675 |
Listing Provided By | Coldwell Banker Schmitt Islamorada | Brett Newman |
Bed(s) | 4 |
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Bath(s) | 4 Total |
SQ Feet | 3,044 |
Units | 1 |
Zoning | R1 - Residential Single |
Acreage | 0.49 |
State | FL |
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County | Monroe |
City | Upper Matecumbe Key Islamorada |
Zip Code | 33036 |
Area | 23 Upper Matecumbe |
Community Name | Penn Key Club (83.0) |
Listing VS Median (in Penn Key Club (83.0)) | |
Price: $5,450,000 low | high Med: $5,450,000 SqFt: 3,044 low | high Med: 3,044 $ / SqFt: $1,790 low | high Med: $1,790 On Site: 675 low | high Med: 675.000000 |