86600 Overseas Hwy, Islamorada, FL 33036

Property Description

Discover an extraordinary opportunity on Florida Bay in Plantation Key, offering 21+ acres of privacy, natural beauty and approximately 1,250 feet of waterfront with sweeping open-water views and beautiful sunset vistas. Approximately 5 acres are currently cleared for the homesite and improvements, representing the full extent of allowable clearing. The remaining acreage provides a natural tropical backdrop and exceptional privacy rarely found in the Florida Keys. A private drive winds through the lush surroundings to the homesite, where a completed observation pier offers a beautiful vantage point to enjoy Florida Bay and spectacular sunsets. Included with the offering are architectural plans in hand for an approximately 18,000-square-foot, 8-bedroom luxury residence designed specifically for this property. The proposed home features eight bedroom suites, expansive living and entertaining spaces, a chef-inspired kitchen, private office, game room, elevator, extensive garage and storage areas, covered balconies and terraces, plus a pool and spa with generous outdoor living areas. Plans have not been submitted for review or approval, and no active building permit is in place. The $15M offering includes the 21+ acre property, architectural plans and existing improvements. The seller is willing to discuss completing the residence in accordance with the existing plans for a separately negotiated additional amount. Ideally positioned near Snake Creek, with convenient Bay-to-Ocean access and proximity to Founders Park, this is a rare opportunity to create a private Florida Bay estate in the heart of the Upper Keys.