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28 Pen Key Drive

Upper Matecumbe Key Islamorada, FL 33036
  • $3,800,000
  • STATUS: Closed
  • ON SITE: 1002 Days
  • MLS #: 599529
Sold - 05/09/2024
$3,800,000
SOLD - 05/09/2024
  • 4
    BEDS
  • 0.49
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,044
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1964
County:

School Ratings & Info

Description

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 home is one of only seven in the 31-home community directly on the open bay and is on one of the largest lots with nearly half an acre of upland and another half an acre of baybottom. It also has a large private pool and had its own private dock on the property (in need of repair), 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.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buyinthekeys.com/homes/125450573
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28 Pen Key Drive Upper Matecumbe Key Islamorada, FL 33036

  • Price: $4,195,000
  • Status: Closed
  • On Site: 1002 Days
  • Updated: 61 min ago
  • MLS #: 599529
4
Beds
4
Baths
0
½ Baths
0.49
Acres
3,044
SQFT
$0
$/SQFT
1964
Built
Neighborhood:
Penn Key Club (83.0)
County:
Monroe
Area:
23 - Upper Matecumbe
Property Description
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 home is one of only seven in the 31-home community directly on the open bay and is on one of the largest lots with nearly half an acre of upland and another half an acre of baybottom. It also has a large private pool and had its own private dock on the property (in need of repair), 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.
Exterior Features

Above Flood Unknown Building Style ConchGround Level Construction CBS Dockage Assigned DockDock PrivilegesBoat SlipBasin Dockage Dock Wood Land Size 1/4 - 1/2 Acre Lot Size 100 x 200 approx. Pool Info ConcreteIn GroundDecked Pool YN Yes Porch Balcony Screened Patio Roof Concrete Roof Side Bay/Gulf Style Single Family Vehicle Storage CarportGuest ParkingOpen ParkingOff Street ParkingCovered Parking Waterfront Bay FrontOpen Water Waterfront YN Yes Waterview Bay/Gulf ViewOpen Water View

Interior Features

Appliances OvenRefrigeratorRange Cooling Heating Central AirWall/Window Unit(s)Heat Pump Floor CarpetTileCombo Furnished Unfurnished Guest Servant Quarters Legal Interior Features Fireplace(s) Windows Doors Awning WindowsOther Windows/DoorsSliding Glass Doors

Property Features

Assoc Approval Req Yes Assoc Fee 8000.00 Assoc Hoa YN Yes Assoc Maint Fee Per Yearly Assoc Right Of Refusal No City ISLAMORADA Control Depth 4 Deed Restrictions Unknown Fee Includes Common Area MntSecurity Flood Zone AEVE Handicap Access Yes Listing Board Florida Keys Mile Marker 83.00 Neighborhood Features Community DockageManager on PremisesCommunity Pool Off Shore Island No Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed No Security Electric Gate Species List No Sq Ft Source Tax Records Tax Exemptions None Tax Year 2022 Taxes 26039.00 Title Title Ins - Buyer Utilities Cable AvailableWater Separate MeterMunicipal SewerFKAAElect Separate Meter Zoning R1 - Residential Single Family

Listing courtesy of Brett Newman of Coldwell Banker Schmitt Islamorada: (305) 664-4470.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co
85996 Overseas Highway
Islamorada FL, 33036