79775 Overseas Highway $13,000,000
- 5 Beds
- 4 Baths
- 3,104 sq. ft.
- Single-Family
- MLS# 585835
Listing provided courtesy of: Coldwell Banker Schmitt Islamorada
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Property Details
An extremely rare and stunning private island, accessible by car, Terra's Key is a gated Caribbean Island located at Mile Marker 79.7 in Islamorada. Jutting into the blue-green waters of the Atlantic Ocean, Terra's Key features a 2,000'+- driveway enabling you to reach restaurants and shopping easily.Enjoy the conveniences of the modern world, including all utilities, while surrounded with the privacy of your own +15.5 Acre Island with miles of open water views and views of Alligator Reef Light. The compound includes 5 bedrooms and 4 baths, pool, cabana, dockage, and a tennis court. This extraordinary private island is a landmark in Islamorada and the Florida Keys and has not been offered for sale for over 27 years.
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General Features
- Acreage 15.84
- Square Footage 3,104
- Stories 2Stories
- Fee Includes None
- Deed Restrictions Unknown
- Key Island Upper Matecumbe Key Islamorada
- Subdivision Tea Table (79.5)
- Off Shore Island Yes
- Pets Pets Allowed
- Rentals Allowed Yes
- Taxes $33,762
- Tax Exemptions None
- Tax Year 2017
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Building Features
- Appliances Dishwasher, Dryer, Range, Refrigerator, Washer
- Construction CBS
- Furnished Unfurnished
- Roofing Metal Roof
- Shutters Panel
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Property Features
- Exterior Features Tennis Court
- Dockage Davits
- Pool Yes
- Pool Heated Yes
- Pool Info In Ground
- Side Ocean
- Water View Ocean View, Open Water View
- Waterfront Property Yes
- Waterfront Type Oceanfront, Open Water
- Utilities Aerobic System, Buyer to Verify
- Pub Sewer HkUp No
- Zoning NR - Native Residential
Contact
Neighborhood
33036 (Upper Matecumbe Key Islamorada) Demographics
58 Median Age
561 Population Density (per sq. mile)
40% College Educated
$71,375 Estimated Median Income
1,140 Estimated Total Home Owners
257 Estimated Total Renters
82% / 18% Estimated Owner / Renter Divide
3 Estimated Average Household Size
3,293 Total Population
Community data courtesy of LiveBy, Inc.
Market Last 30 Days In This Postal Code
$1,097,500
Median Sales Price
14
Homes Sold
29
New On Market
Average Days on Site
Properties for Sale
Calculations provided by Reliance Network
Property History
| Date | Price |
|---|---|
| -- | New Value: $13,000,000 |
| 10/6/2020 12:23:27 PM | New Value: $13,000,000 |
| 9/18/2020 3:25:13 PM | New Value: $13,500,000 |
| 9/1/2020 3:23:29 PM | New Value: $14,000,000 |
| 8/10/2020 9:23:41 PM | New Value: $14,500,000 |
| 5/24/2019 6:24:00 PM | New Value: $15,000,000 |
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**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Listing information is provided in part by the Internet Data Exchange (IDX) program of the Florida Keys Board of REALTORS®, Inc. The information on this website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2021 Florida Keys Board of REALTORS®, Inc. All rights reserved.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.