89505 Old Highway, Plantation Key, FL 33070
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: leslie leopold, cheri tindall
Office: ocean sotheby's international realty
MLS#:620022
Source:FL_FKBOR
Price summary
- Price:$26,400,000
- Price per sq. ft.:$2,937.25
About this home
Escape to Palm Paradise, a breathtaking oceanfront estate on 7.64 private acres in Islamorada, offering 369 feet of shoreline and sweeping Atlantic views. Tucked behind gates on Plantation Key, this secluded retreat combines lush tropical landscaping with unmatched privacy for the ultimate island escape.
The 8,988-square-foot main residence showcases exceptional craftsmanship and thoughtful design. One wing features a dramatic two-story primary suite with a private office, while the opposite wing includes four additional bedrooms and four bathrooms across two levels. A separate two-bedroom guest house provides extra space for visitors, and a whole-house generator adds convenience and peace of mind.
Inside, custom woodwork, coffered ceilings, built-ins, and high-end finishes create a warm yet refined atmosphere. Amenities include a chef's kitchen, wine cellar, private gym, elevator, and seamless indoor-outdoor living spaces ideal for entertaining or relaxing by the water.
Resort-style outdoor features include a custom pool, tiki bar, outdoor kitchen, beachside fire pit, putting green, observation pier, and a lighted tennis court with cabana. Convenient access by seaplane, helicopter, or a 90-minute drive from Miami makes travel effortless.
Perfect for boating enthusiasts, the estate is near dockage and concierge dry storage options. Located in the heart of Islamorada, Palm Paradise offers easy access to world-class fishing, boating, dining, and the laid-back luxury of the Florida Keys.
Offered at $26.4M, Palm Paradise is a rare opportunity to own a private waterfront compound ideal for luxury living, family retreats, or executive escapes....
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Home facts
- Year built:2008
- Subdivision & Development:Trop Coral Reef (89.0)
- Listing ID #:620022
- Added:169 day(s) ago
- Updated:November 09, 2026 at 05:49 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:10
- Kitchen Description:Built-in Cabinets, Granite Counter Top
- Living area:8,988 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans(s), Central Air, Ductless
- Heating:Central
Structure and exterior
- Year built:2008
- Building area:8,988 sq. ft.
- Lot area:7.64 Acres
- Construction Materials:Concrete
- Exterior Features:Bar, Built-in Grill, Chickee Hut, Fencing, Gazebo, Hot Tub, Lanai, Lighting, Outdoor Kitchen, Outdoor Shower, Privacy Wall/Fence, Sandy Beach, Sprinkler System, Storage, Tennis Court(s), Water Display
Finances and disclosures
- Price:$26,400,000
- Price per sq. ft.:$2,937.25
- Tax amount:$58,331
Features and amenities
- Amenities:Bar, Built-in Cabinets, Cathedral Ceilings, Security System, Smoke Alarms, Storage, Wet Bar
Parking
- Parking description:Attached, Covered, Garage Door Opener
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