430 Palm Drive
Lower Matecumbe, FL 33036
MLS# 617828
5 beds | 7 baths | 5153 sqft
Property DescriptionExperience modern coastal luxury in Islamorada, where elevated design meets premier waterfront living. Built in 2017, this custom contemporary estate offers over 5,100sf of thoughtfully designed living space, set just 2 lots from the bay and across from a tranquil mangrove preserve that enhances both privacy and natural beauty.
Boaters will love the setup - 100' of dockage with 2 elevator boat lifts (20,000lb and 15,000lb), plus easy access to Everglades National Park and the Atlantic Ocean through the 65' Channel 5 Bridge.
Inside, the home feels open, bright, and refined. There are 5 ensuite bedrooms and 2 half baths, each bedroom featuring its own ductless A/C along with the central system. The primary suite includes a cozy sitting area, his-and-hers closets, and partial bay views. A secondary primary suite opens directly to the pool deck, offering privacy for guests or family.
The top level centers around a stunning great room with vaulted ceilings, fireplace, and a chef's kitchen with high-end appliances - the perfect setting for entertaining. On the lower level, a relaxed family room with fireplace and wet bar creates another comfortable gathering space. Additional features include laundry on both floors, an elevator, 2-car garage, and gated circular drive.
Out back, the saltwater pool, outdoor kitchen, and sound system create a true resort-style atmosphere. The east-facing orientation means warm morning sunshine, shady afternoons, and gentle ocean breezes. With CBS construction, metal roof, whole house generator and impact windows and doors, this home blends luxury, comfort, and peace of mind.
This is waterfront living for those who value both elegance and ease - the Keys lifestyle at its finest.
Listing Board: Florida Keys
Current Price: $5,999,000
Listing Date: 2025-12-26
List Price: $5,999,000
City: ISLAMORADA
Mile Marker: 74
Marathon Neighborhood: N/A
Side: Bay/Gulf
Flood Zone: AE,AE
Alternate Key #: 1479578
Parcel #: 00391250-000000
Zoning: R1 - Residential Single Family
Deed Restrictions: Unknown
Legal: BK 3 LT 10 SAFETY HARBOR PB 3-69 SEC-1 LOWER MATECUMBE KEY OR480-844 OR832-483 OR865-2468 OR1265-2191 OR1345-446/47 OR1
Taxes: 31236.36
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 430
Street Name: Palm
Street Suffix: Drive
Key/Island: Lower Matecumbe
State/Province: FL
Zip Code: 33036
County: Monroe
Subdivision: Safety Harbor (74.0)
Area: 22 - Lower Matecumbe
Realtor.COM Type: Residential - Single Family
Waterfront: Yes
Control Depth: 6
Lot SqFt: 10000
Acres: 0.23
SqFt Source: Property Data Card
Rentals Allowed: With Restrictions
Min Rental Days: 28
Style: Single Family
Year Built: 2017
Living Apx SqFt: 5153
Total Bedrooms: 5
Full Baths: 5
Half Baths: 2
Remarks – Consumer: Experience modern coastal luxury in Islamorada, where elevated design meets premier waterfront living. Built in 2017, this custom contemporary estate offers over 5,100sf of thoughtfully designed living space, set just 2 lots from the bay and across from a tranquil mangrove preserve that enhances both privacy and natural beauty.
Boaters will love the setup - 100' of dockage with 2 elevator boat lifts (20,000lb and 15,000lb), plus easy access to Everglades National Park and the Atlantic Ocean through the 65' Channel 5 Bridge.
Inside, the home feels open, bright, and refined. There are 5 ensuite bedrooms and 2 half baths, each bedroom featuring its own ductless A/C along with the central system. The primary suite includes a cozy sitting area, his-and-hers closets, and partial bay views. A secondary primary suite opens directly to the pool deck, offering privacy for guests or family.
The top level centers around a stunning great room with vaulted ceilings, fireplace, and a chef's kitchen with high-end appliances - the perfect setting for entertaining. On the lower level, a relaxed family room with fireplace and wet bar creates another comfortable gathering space. Additional features include laundry on both floors, an elevator, 2-car garage, and gated circular drive.
Out back, the saltwater pool, outdoor kitchen, and sound system create a true resort-style atmosphere. The east-facing orientation means warm morning sunshine, shady afternoons, and gentle ocean breezes. With CBS construction, metal roof, whole house generator and impact windows and doors, this home blends luxury, comfort, and peace of mind.
This is waterfront living for those who value both elegance and ease - the Keys lifestyle at its finest.
Directions: located at MM 74 bayside - turn into Safety Harbor onto Palm Dr. - take a right onto Palm Dr. House is located just before the bend on the right side.
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Bay/Gulf View: 1
Canal View: 1
Elevator: 1
Fireplace(s): 1
Pantry: 1
Security System: 1
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Cable Available: 1
FKAA: 1
Open Porch/Balcony: 1
Patio: 1
In Ground: 1
Salt Water: 1
Waterview: Bay/Gulf View; Canal View
Vehicle Storage: Garage; Attached
Utilities: Cable Available; FKAA; Municipal Sewer
Interior Features: Elevator; Fireplace(s); Pantry; Security System; Walk-in Closet(s)
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer
Pool Info: In Ground; Salt Water
Land Size: 1/4 - 1/2 Acre
Listing Office: Coastal Realty of the Florida Keys
Last Updated: April - 29 - 2026
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