304 Melaleuca Street
Duck Key, FL 33050
MLS# 618198
5 beds | 6 baths | 6391 sqft
Property DescriptionWelcome to an extraordinary opportunity to own a NEW construction estate on one of Duck Key's RARE triple oceanfront parcels—a masterpiece designed for refined island living and world-class waterfront enjoyment. This residence under construction offers five bedrooms and six full baths, totaling 6,391 sq ft under air: 3,893 sq ft on the first floor, 2,498 sq ft on the second, plus a 959 sq ft elevated, climate-controlled garage. A private elevator serves all levels, while a custom gym can convert to a sixth bedroom or guest suite. Situated on 138 ft of deepwater frontage along a flow-through canal with breakwater protection, the estate includes a concrete seawall, direct ocean access, a tackle room, and cabana bath. Outdoor living features an infinity-edge heated/chilled pool with jacuzzi, an elevated covered bistro deck with grill, refrigerator, deep-fry burner, and bar seating, expansive entertaining spaces, luxury roll-down electric shutters for comfort, security, and privacy, and an exterior gas fireplace for year-round ambiance. The chef's kitchen boasts stainless Viking appliances, Miele coffee maker, quartz countertops with island seating, and a fully equipped butler's kitchen. Interiors feature wood floors throughout, a coastal palette of white, Sea Salt blue, and warm browns, two gas fireplaces, oversized laundry with double-stacked LG washer/dryer, walk-in closets, and a five-zone A/C system. Built for strength and style, the home includes galvanized rebar construction, impact windows and doors with floor-to-ceiling glass, standing seam aluminum roof, decorative exterior columns, colonial-style louvered shutters, smooth stucco coastal cottage siding, and paver walkways and driveway. This estate perfectly combines elegance, functionality, and waterfront lifestyle, offering an unparalleled residence in the Florida Keys.
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Current Price: $14,975,000
Listing Date: 2026-01-17
City: Duck
Mile Marker: 61
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE,AE,VE,AE
Alternate Key #: 9102534
Parcel #: 00384830-000100
Zoning: ISM - Improved Sub Masonry
Deed Restrictions: Yes
Legal: BK 1 SLY 1/2 LT 73 AND ALL LTS 74 THRU 76 YACHT CLUB ISLAND SEC-4 TOMS HARBOR PB5-82
Taxes: 23356.94
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 304
Street Name: Melaleuca
Street Suffix: Street
Key/Island: Duck Key
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Yacht Club Island (61.0)
Area: 20 - Duck Key, Coral Key, Conch Key
Realtor.COM Type: Residential - Single Family
Waterfront: Yes
Control Depth: 10
Lot Size: 271 x 138
Lot Sqft Source: Property Data Card
Acres: 0.67
SqFt Source: Blue Print
Rentals Allowed: Yes
Min Rental Days: 28
Style: Single Family
Year Built: 2026
Living Apx SqFt: 6391
Total Bedrooms: 5
Full Baths: 5
Half Baths: 1
Total Baths: 6
Remarks – Consumer: Welcome to an extraordinary opportunity to own a NEW construction estate on one of Duck Key's RARE triple oceanfront parcels—a masterpiece designed for refined island living and world-class waterfront enjoyment. This residence under construction offers five bedrooms and six full baths, totaling 6,391 sq ft under air: 3,893 sq ft on the first floor, 2,498 sq ft on the second, plus a 959 sq ft elevated, climate-controlled garage. A private elevator serves all levels, while a custom gym can convert to a sixth bedroom or guest suite. Situated on 138 ft of deepwater frontage along a flow-through canal with breakwater protection, the estate includes a concrete seawall, direct ocean access, a tackle room, and cabana bath. Outdoor living features an infinity-edge heated/chilled pool with jacuzzi, an elevated covered bistro deck with grill, refrigerator, deep-fry burner, and bar seating, expansive entertaining spaces, luxury roll-down electric shutters for comfort, security, and privacy, and an exterior gas fireplace for year-round ambiance. The chef's kitchen boasts stainless Viking appliances, Miele coffee maker, quartz countertops with island seating, and a fully equipped butler's kitchen. Interiors feature wood floors throughout, a coastal palette of white, Sea Salt blue, and warm browns, two gas fireplaces, oversized laundry with double-stacked LG washer/dryer, walk-in closets, and a five-zone A/C system. Built for strength and style, the home includes galvanized rebar construction, impact windows and doors with floor-to-ceiling glass, standing seam aluminum roof, decorative exterior columns, colonial-style louvered shutters, smooth stucco coastal cottage siding, and paver walkways and driveway. This estate perfectly combines elegance, functionality, and waterfront lifestyle, offering an unparalleled residence in the Florida Keys.
Directions: Overseas Hwy to Duck Key (MM 61) Go past Hawks Cay Resort over Truman bridge, the Bimini Bridge and follow W Seaview Drive to Yacht Club island. Go over the Seaview Bridge. Turn on Melaleuca Street.
Mandatory Home Owners Asc: No
Voluntary Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 350
Dock Length: 138
Dock: Concrete
Gas Appliances: 1
Ice Machine: 1
Microwave: 1
More Appliances: 1
Stainless Steel Appliance(s): 1
Washer: 1
Ceiling Fans(s): 1
Central Air: 1
Oceanfront: 1
Open Water: 1
Ocean View: 1
Open Water View: 1
Community Boat Ramp: 1
Fire Hydrant: 1
Bar: 1
Built-in Cabinets: 1
Cathedral Ceilings: 1
Elevator: 1
Entrance Foyer: 1
Fireplace(s): 1
Pantry: 1
Quartz Countertops: 1
Smoke Alarms: 1
Split Bedroom: 1
Storage: 1
Walk-in Closet(s): 1
New Construction: 1
Under Construction: 1
Above Flood: Yes
Stilt Column Height: Medium - 5Ft - 9Ft
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Cable Available: 1
Community Swr Plant: 1
Sewer Available: 1
Whole House Generatr: 1
Deck: 1
Open Porch/Balcony: 1
Outdoor Kitchen: 1
Outdoor Shower: 1
Privacy Wall/Fence: 1
Storage: 1
Metal Roof: 1
Other Roof: 1
Roll Down Electric: 1
Other: 1
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Property Condition: New Construction; Under Construction
Vehicle Storage: Garage; Attached
Cooling: Ceiling Fans(s); Central Air; Heat Pump
Heating: Central; Electric
Utilities: Cable Available; Community Swr Plant; FKAA; Propane; Sewer Available; Whole House Generatr
Interior Features: Bar; Built-in Cabinets; Cathedral Ceilings; Elevator; Entrance Foyer; Fireplace(s); Pantry; Quartz Countertops; Smoke Alarms; Split Bedroom; Storage; Walk-in Closet(s); Wet Bar
Specialty Rooms: Laundry Room
Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Appliances; Ice Machine; Microwave; More Appliances; Oven; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Bar; Built-in Grill; Fencing; Lighting; Outdoor Kitchen; Outdoor Shower; Privacy Wall/Fence; Storage
Pool Info: In Ground; Concrete; Decked
Shutters: Roll Down Electric; Other
Roof: Metal Roof; Other Roof
Neighborhood Feature: Community Boat Ramp; Fire Hydrant; Other Area Features
Land Size: 1/2 - Less Than 1 AC
Terms: Cash; Conventional
Listing Office: Florida Keys Real Estate Group
Last Updated: January - 19 - 2026
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.