28 Pen Key Drive in ISLAMORADA for $4,195,000
Listing ID599529
Price$4,195,000$255K
StatusContingent/Show
Bedrooms4
Total Baths4
Full Baths4
SqFt
3,044
Acres
0.490
CountyMonroe
SubdivisionPenn Key Club (83.0)
Year Built1964
Property TypeResidential
Property Sub TypeResidential - Single Family
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.
County
Monroe
Property Sub Type
Residential - Single Family
Property Type
Residential
Subdivision
Penn Key Club (83.0)
Year Built
1964
Zoning
R1 - Residential Single Family
Appliances
Oven, Refrigerator, Range
Cooling/Heating
Central Air, Wall/Window Unit(s), Heat Pump
Floor
Carpet, Tile, Combo
Furnished
Unfurnished
Guest/Servant Quarters
Legal
Interior Features
Fireplace(s)
SqFt Source
Tax Records
Above Flood
Unknown
Building Style
Conch, Ground Level
Construction
CBS
Control Depth
4
Dock
Wood
Dockage
Assigned Dock, Dock Privileges, Boat Slip, Basin
Flood Zone
AE,VE
Land Size
1/4 - 1/2 Acre
Lot Size
100 x 200 approx.
Lot SqFt
21250
Neighborhood Feature
Community Dockage, Manager on Premises, Community Pool
Off Shore Island
no
Pool
yes
Pool Info
Concrete, In Ground, Decked
Porch/Balcony
Screened Patio
Pub Sewer Hook Up
yes
Roof
Concrete Roof
Security
Electric Gate
Side
right
Style
Single Family
Total Units
1
Vehicle Storage
Carport, Guest Parking, Open Parking, Off Street Parking, Covered Parking
Waterfront
yes
Waterfront Type
Bay Front, Open Water
Waterview
Bay/Gulf View, Open Water View
Windows/Doors
Awning Windows, Other Windows/Doors, Sliding Glass Doors
Area
23 - Upper Matecumbe
Key/Island
Upper Matecumbe Key Islamorada
Marathon Neighborhood
N/A
Mile Marker
83
Parcel Number
00402700-000000
Association Approval Required
yes
Days On Market
755
FEMA List
no
Handicap Access
yes
Pets
Pets Allowed
Utilities
Cable Available, Water Separate Meter, Municipal Sewer, FKAA, Elect Separate Meter
1st Right of Refusal
no
As Is/Right To Inspect
yes
Association Fee
8000
Association/Maintenance Fee Frequency
Yearly
Contingent
Contingent/Show
Deed Restrictions
Unknown
Fee Includes
Common Area Mnt, Security
HOA
yes
Legal
LOT 28 PEN KEY CLUB SUBD UPPER MATECUMBE KEY PB3-170 (see Deed) plus Additional Parcel of Adjacent Bay Bottom
Rentals Allowed
No
Tax Exemptions
None
Tax Year
2022
Taxes
26039
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