Premier Brokers International
77350 Overseas Highway, Islamorada, FL 33036
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A12056007
$10,950,000

↓ Price reduced $750,000 on Sep 23, 2026

77350 Overseas Highway, Islamorada, FL 33036

Beds
6
Baths
8
Sqft
6,577
Est. payment$63,027/mo
Home type
Single Family Residence
Year built
2025
Lot size
33,541 sqft
Price / sqft
$1,665
HOA
$0/mo
Community
MATECUMBE OCEAN BAY SEC 2

Property description

Sunset Sanctuary. Natural beauty and captivating sunsets of the Florida Keys define this newly completed gated waterfront estate on Lower Matecumbe Key. Surrounded by a serene coastal landscape and native birdlife, the property offers boating access to both Florida Bay and the Atlantic Ocean. Completed in 2025, the three-level main residence features two primary suites, three guest bedroom suites, media room, an elevator, and a custom kitchen showcasing mahogany cabinetry and Thermador appliances. Expansive balconies extend the living spaces into the natural surroundings. The third-level Sunset Lounge elevates entertaining with a full bar, wine storage, generous seating, a mega-TV, and views toward Florida Bay. Outdoors, the property features a saltwater pool and spa, covered dining and entertaining areas, a private pickleball court, and a dock with boat lift. A detached guest house provides comfortable accommodations with added separation from the main residence. This distinctive Islamorada estate brings together natural beauty, recreation, boating access, and elevated island living.

Listing activity

Days on market
67
Listed
Jul 18, 2026
MLS listing updated
Sep 23, 2026
Feed last checked
9 minutes ago

Listed by Carolyn Cotter Ambler · American Caribbean Real Estate

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
6
Bathrooms
8
Bathrooms (decimal)
7
Full bathrooms
6
Half bathrooms
2

Rooms & features

Rooms
3
Interior features
Bar, Closet Cabinetry, Elevator, Entrance Foyer
Appliances
Electric Water Heater, Dishwasher, Dryer, Oven, Refrigerator, Washer, Other
Window features
Blinds
Other equipment
Other

Heating & cooling

Heating
Heat Strip
Cooling
Central Air
Property

Parking

Garage spaces
4
Garage
Yes
Covered spaces
4
Parking features
Attached, Attached Garage, Circular Driveway, Driveway, Garage, Guest
Attached garage
Yes

Exterior

Stories
3
Building area
10,228 sqft
Entry level
1
Patio & porch
Porch - Open, Porch, Patio
Exterior features
Balcony, Lighting
Fencing
Fenced
Pool
Yes
Pool features
In Ground
View
Canal, Water
Waterfront
Canal Front
Waterfront property
Yes
Spa
Yes

Lot

Lot size
33,541 sqft
Lot size (acres)
0.77 acres
Zoning
RE
Construction

Type & style

Home type
Single Family Residence
Year built
2025
New construction
Yes

Materials

Construction
Block, CBS, Other
Roof
Metal
Property condition
New Construction
Levels
Three Or More
Faces
Southeast
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Community & HOA

Community

Subdivision
MATECUMBE OCEAN BAY SEC 2
MLS area
5940 - Other Florida County
MLS subarea
Other
Pets allowed
Yes
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Amenities
None
Lease details

Not reported by the listing source.

Location

Area details

City
Islamorada
County
Monroe
ZIP code
33036
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12056007
Possession
Close Of Escrow
Original list price
$11,700,000
Parcel number
00397190000000
Annual property tax
$8,816
Tax year
2025
Tax legal description
BK 5 LT 4 MATECUMBE OCEAN BAY SEC 2 PB2-98 LOWER MATECUMBE KEY OR516-213 OR621-257 OR1694-84 OR1694-85 OR1694-86 OR2508-507/09 OR3096-0399
Additional MLS details

Reported by the listing source

Association Amenities
None
Association
No
Bathrooms Total Decimal
7
Bathrooms Total Integer
8
Building Area Total
10228
Construction Materials
Block, CBS, Other
County Or Parish
Monroe
Days On Market
67
Direction Faces
Southeast
Elementary School
Plantation Key
High School
Coral Shores
List Price
10950000
Listing Contract Date
2026-07-18
Living Area
6577
Lot Size Acres
0.77
Lot Size Area
33541
MLSArea Major
5940 - Other Florida County
MLSArea Minor
Other
Middle Or Junior School
Plantation Key
Mls Status
Active
On Market Date
2026-07-18
Patio And Porch Features
Porch - Open, Porch, Patio
Photos Count
33
Postal Code
33036
Price Change Timestamp
2026-09-23T14:34:25Z
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
3
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-07-18T04:00:00Z
Stories Total
3
Subdivision Name
MATECUMBE OCEAN BAY SEC 2
Water Source
Public
Waterfront Features
Canal Front
Tax Annual Amount
8816
Bathrooms Full
6
Pool Private
Yes
Bedrooms Total
6
Bathrooms Half
2

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jul 18, 2026ListedMIAMI REALTORS® MLS$11,700,000$1,779/sqft
Sep 23, 2026Price reducedMIAMI REALTORS® MLS$10,950,000$1,665/sqft

Public tax history

YearProperty taxesAssessment
2025$8,816—

Payment calculator

Estimated monthly payment$63,027/moIllustrative estimate, not a loan offer.
Principal & interest
$56,817
Property taxes
$735
Insurance
$5,475
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

MATECUMBE OCEAN BAY SEC 2

Islamorada · Monroe County · 33036

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Plantation KeyElementary
—
Plantation KeyMiddle
—
Coral ShoresHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

4 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of American Caribbean Real Estate. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.