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A beautiful property in Upper Matecumbe Key Islamorada, FL1 / 30

$4,499,500

150 List Street, Upper Matecumbe Key Islamorada, FL 33036

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  • Waterfront

About this home

Discover an extraordinary opportunity to own 34,000 square feet of prime bayfront real estate in one of Islamorada's most coveted and private enclaves. Boasting 100+ feet of pristine bay frontage, this exceptional property captures open water views, serene sunsets, and the essence of the Florida Keys lifestyle. Tucked within the property is a charming ground level 1950s cottage offering one bedroom and one bathroom - ideal for a comfortable interim residence while you bring your custom waterfront vision to life. For boating enthusiasts, the estate offers dockage with direct bay access, placing world-class fishing, sandbars, and crystal-clear waters just moments away. A PERMIT HAS BEEN ISSUED to repair and expand the existing dock and add two boat lifts (20,000 lb and 16,000 lb), significantly enhancing the property's boating capabilities and long-term value. With the existing estate slated for demolition and redevelopment, the conceptual renderings unveil a spectacular 4,872-square-foot custom residence offering five bedrooms, five and a half bathrooms, a three-car garage, and a resort style pool - all thoughtfully designed to capture water views from every vantage point. This remarkable bayfront estate offers endless possibilities in an unparalleled setting.

Property details

Lot Size
34,000 sq ft
Annual Taxes
$5,995/yr
Subdivision
Strattons (82.5)
Days on Market
209
Listed
March 4, 2026
MLS #
618920

Location

Listed With Ocean Sotheby's International Realty

Listing information is provided courtesy of the Florida Keys MLS. Information deemed reliable but not guaranteed.

150 List Street, Upper Matecumbe Key Islamorada, FL 33036 | KeysCations Realty