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$3,800,000
28 Pen Key Drive
Upper Matecumbe Key Islamorada, FL 33036
MLS# 599529
Status: Closed
4 beds  |  4 baths  |  3044 sqft


28 Pen Key Drive, Upper Matecumbe Key Islamorada, FL 33036
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Property Description
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.

Details
Maps
Contract Information
Current Price: $3,800,000
Listing Date: 2022-02-06
Listing Board: Florida Keys
Sold Price: $3,800,000
As is Rght to Inspct: Yes
Species List: No
Location Tax Legal
Street #: 28
Street Name: Pen Key
Street Suffix: Drive
Key/Island: Upper Matecumbe Key Islamorada
State/Province: FL
Zip Code: 33036
County: Monroe
Subdivision: Penn Key Club (83.0)
Area: 23 - Upper Matecumbe
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 4
Pool: Yes
Year Built: 1964
Total Units: 1
Lot Size: 100 x 200 approx.
Lot SqFt: 21250
Lot Sqft Source: Tax Records
Acres: 0.49
Living Apx SqFt: 3044
SqFt Source: Tax Records
Total Bedrooms: 4
Full Baths: 4
Total Baths: 4
Rentals Allowed: No
Status Change Info
Sold Date: 2024-05-09
Sold Price: $3,800,000
Status: Closed
Association Info
Mandatory Home Owners Asc: Yes
Condo Doc's: Yes
1st Right of Refusal: No
Assoc Approval Req: Yes
Association Fee $: 8000
Assoc/Mnt Fee Per: Yearly
Dockage
Dock: Wood
Building Style
Above Flood: Unknown
Specialty Rooms
Guest/Servant Qtrs: Legal
Property Features
Fee Includes: Common Area Mnt; Security
Tax Exemptions: None
Waterfront: Bay Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Dockage: Assigned Dock; Basin; Boat Slip; Dock Privileges
Building Style: Conch; Ground Level
Vehicle Storage: Carport; Covered Parking; Guest Parking; Off Street Parking; Open Parking
Furnished: Unfurnished
Cooling: Central Air; Heat Pump; Wall/Window Unit(s)
Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Fireplace(s)
Appliances: Oven; Range; Refrigerator
Pool Info: In Ground; Concrete; Decked
Construction: CBS
Floor: Carpet; Combo; Tile
Roof: Concrete Roof
Pets: Pets Allowed
Neighborhood Feature: Community Dockage; Community Pool; Manager on Premises
Security: Electric Gate
Land Size: 1/4 - 1/2 Acre
Title: Title Ins - Buyer

Listing Office: Coldwell Banker Schmitt Islamorada

Last Updated: September - 03 - 2024

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.