Prime location! Rare bayfront property in a private gated

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Home Off Market

28 Pen Key Drive

Upper Matecumbe Key, Florida 33036

Monroe County

Waterfront: Yes

Water View: Yes

Community: Penn Key Club (83)

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$4,195,000 4 br, 4.0 bath 3044 sq. ft. 0.490 acres

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.

Interior:
  • Bedrooms: 4
  • Baths: 4.0
  • Sq Ft: 3044
  • Year Built: 1964
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 
  • Heat/AC: Fireplace
  • Garage: 
Exterior:
  • Lot Size: 0.490 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: Water
  • Yard: 
  • Siding: 
  • Roof: Concrete Tile
  • Property Taxes: $26,039
  • Yearly HOA Fee: $8,000
  • MLS #: 599529
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Contact Information:
Beach Home Off Market in Upper Matecumbe Key, Florida
Ad Number: 2377972
Viewed 397 times.
Updated: Nov 10, 2023

This property is a Home located at 28 Pen Key Drive, Upper Matecumbe Key, Florida 33036, and is currently Off Market at $4,195,000. This Home has 4 bedrooms, 4.0 baths, 3044 sq ft.

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