79775 Overseas Highway $13,000,000

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    79775 Overseas Highway Upper Matecumbe Key Islamorada, FL 33036

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    $13,000,000

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    • 5 Beds
    • 4 Baths
    • 3,104 sq. ft.
    • Single-Family
    • MLS# 585835
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    Views: 197 Days On Site: 610

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    Property Details

    Description Tours Print

    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.

    • 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
    • Building Features
      • Appliances Dishwasher, Dryer, Range, Refrigerator, Washer
      • Construction CBS
      • Furnished Unfurnished
      • Roofing Metal Roof
      • Shutters Panel
    • 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

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    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 Event Price Percent Change
        -- Current Price Source New Value: $13,000,000
        10/6/2020 12:23:27 PM Price Reduced Source New Value: $13,000,000 -3.7%
        9/18/2020 3:25:13 PM Price Reduced Source New Value: $13,500,000 -3.57%
        9/1/2020 3:23:29 PM Price Reduced Source New Value: $14,000,000 -3.45%
        8/10/2020 9:23:41 PM Price Reduced Source New Value: $14,500,000 -3.33%
        5/24/2019 6:24:00 PM New in Database Source New Value: $15,000,000

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        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.