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Anchor Line Realty

Anchor Line Realty specializes in buyer brokerage, real estate sales listings, and long term property management in Key West & the Florida Keys.

Call: (305) 766-6835

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$5,500,000
84745 Old Highway
Windley Key, FL 33036
MLS# 592541
Status: Closed



Peaceful Palms Development Site
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Property Description
RARE SHOVEL READY ONE OF A KIND OCEAN FRONT DEVELOPMENT OPPORTUNITY in the heart of Islamorada. Build fifteen (15) market rate homes on this cleared ocean front parcel with dockage and its own private island. Tucked away off of the Old Highway offering privacy and peaceful living, this site is perfect for a private single family community or an income generating vacation rental community. Offering unparalleled access to world renowned offshore and back-country fishing grounds or the country's largest barrier reef this location appeals to everyone. Overlooking Alligator Reef Lighthouse and close to the world famous Islamorada sandbar and all of the amenities that have made Islamorada a world class resort destination makes this location beyond compare.

Details
Maps
Contract Information
Current Price: $5,500,000
Listing Date: 2020-09-10
Listing Board: Florida Keys
Leased Price Monthly: $5,500,000
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 84745
Street Name: Old
Street Suffix: Highway
Key/Island: Windley Key
State/Province: FL
Zip Code: 33036
County: Monroe
Subdivision: Windy Cove (84.0)
Area: 23 - Upper Matecumbe
General Property Description
Realtor.COM Type: Vacant Land
Waterfront: Yes
Control Depth: 4
Lot SqFt: 49870
Survey Available: Yes
Miscellaneous Info
Mobile Home Lot: No
Dockage
Dock: Wood
Seawall: Concrete
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2021-05-14
Leased Date: 2021-06-11
Leased Price Monthly: $5,500,000
Status: Closed
Property Features
Tax Exemptions: None
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Existing Utilities: Electric on Site; Other Utilities
BuildingPermit: Other Permit
Land Size: 1 Less Than 2 Acres
Terms: Buyer Obtain Finance
Title: Negotiable

Listing Office: American Caribbean Real Estate, Christie's International Real Estate

Last Updated: March - 05 - 2025

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.


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David Austin, Owner/Broker
Anchor Line Realty, LLC
820 Ashe Street
Key West, FL 33040
www.anchorlinerealty.com
[email protected]
305.766.6835
Member, National Association of Realtors (NAR)
Member, Florida Association of Realtors (FAR)
Member, Key West Association of Realtors (KWAR)