The Parmelee Estate
100 Sapodilla Drive Islamorada, Florida 33036 United States

$19,000,000
The Parmelee Estate is a well-maintained yet undeveloped Islamorada haven with an island at its center. The 40-acre property is situated on the bayside of Lower Matecumbe Key and is accessed by way of a private road. Owned by the same family...
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Ocean Sotheby's International Realty

Phone: +1 305.393.2787
Phone: +1 305.712.8888
81888 Overseas Highway
Islamorada, Florida 33036 United States
$19,000,000
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Annual taxes:
$73,314
2
Bedrooms
2
Full Baths
1.09 Acres
Exterior
Land
1961
Year Built
5HSSK2
Web Id
566120
MLS ID
Monroe
School District
Monroe County Schools
Elementary

About 100 Sapodilla Drive

The Parmelee Estate is a well-maintained yet undeveloped Islamorada haven with an island at its center. The 40-acre property is situated on the bayside of Lower Matecumbe Key and is accessed by way of a private road. Owned by the same family since the 1950s, the parcel is ensconced in 4,000 Jamaica Tall and Maypan coconut palms, silver and green buttonwoods and other native plants that the family has lovingly planted and tended for four generations. Currently, the property is surrounded by water on three sides and holds one modest home, situated on the Florida Bay. This quaint old Florida one-level cottage offers two bedrooms, two baths, and a kitchen overlooking the water. The land remains primed for future development on 10-4 acre building sites, including two located on the central island. Each parcel is allowed one main home and a guest home and all building sites have water access and magnificent views! The Parmelee Estate is one of the few remaining gems within the Florida Keys that is untouched by past development, and therefore holds practically endless possibilities. This pristine piece of land offers buyers an idyllic opportunity to develop the land as they wish, enjoying a private escape as well as the many conveniences available in Islamorada.

Amenities

  •  Boat Ramp / Boat Dock
  •  Car Port
  •  Carpeted Floors
  •  Gated Community
  •  Patio
  •  Refrigerator
  •  Storage
  •  Gardens
  •  Privacy Fence
  •  Washer Included
  •  Dryer Included
  •  Tub and Shower
  •  Area Boat Dock
  •  Area Boat Ramp
  •  Deep Water Mooring

features

lot description
Resort, Water View, Waterfront, Bay View, Jogging / Biking Path, Canal, Beach Front, Access Type Road, Ceramic, Private Road, Concrete Block, Access Type - Water, Dock Rights

Property Feature

Property Description 
Acreage

Additional Information

Special Market 
Vacation / Second Home