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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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$15,000,000
86600 Overseas Highway
Plantation Key, FL 33036
MLS# 621011



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Property Description
Discover an extraordinary opportunity on Florida Bay in Plantation Key, offering a rare combination of privacy, natural beauty and approximately 1,250 feet of waterfront with sweeping open-water views and spectacular sunsets. The property encompasses 21+ acres, with approximately 5 acres already cleared for the homesite and improvements. The remaining acreage creates an exceptional natural backdrop and sense of seclusion rarely found in the Florida Keys. A private drive winds through the tropical surroundings to the homesite, while a completed observation dock offers a beautiful setting to enjoy Florida Bay. Designed for this remarkable property is an exceptional 8-bedroom luxury residence created for sophisticated Keys living. Plans feature eight bedroom suites, expansive living and entertaining spaces, a chef-inspired kitchen with oversized island, private office, game room, elevator, extensive garage and storage areas, covered balconies and terraces, plus a pool and spa with generous outdoor living areas. For a buyer who purchases prior to completion, a unique opportunity awaits. The seller will pay the building costs for the planned residence, subject to the terms, specifications and allowances of the purchase agreement. Depending on the stage of construction, the buyer may also have the opportunity to personalize available finishes, selections and certain design elements. Ideally positioned near Snake Creek, enjoy convenient Bay-to-Ocean access with no fixed-bridge restriction and proximity to Founders Park. A remarkable opportunity to create a private Florida Bay retreat where luxury, privacy and the natural beauty of the Keys come together in one exceptional setting.

Details
Maps
Contract Information
Listing Board: Florida Keys
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Current Price: $15,000,000
Listing Date: 2026-08-17
List Price: $15,000,000
Location, Tax & Legal
City: ISLAMORADA
Off Shore Island: No
Mile Marker: 88
Marathon Neighborhood: N/A
Side: Bay/Gulf
Alternate Key #: 1106208
Parcel #: 00092120000000
Zoning: NR - Native Residential
Deed Restrictions: Unknown
Legal: 13 63 37 Pt Gov Lot 1 & Pt W670 Ft Of Se1/4 Of Se1/4 N Of H/W Plantation Key Or584-499 Or2794-497/500 Or2794-501/04 Or29
Taxes: 43978.69
Tax Year: 2025
Street #: 86600
Street Name: Overseas
Street Suffix: Highway
Key/Island: Plantation Key
State/Province: FL
Zip Code: 33036
County: Monroe
Subdivision: Unplatted Windley Key (88.0)
Area: 24 - Windley Key
General Property Description
Realtor.COM Type: Vacant Land
Waterfront: Yes
Control Depth: 5
Lot SqFt: 933490
Lot Dimensions: X
Lot Sqft Source: Tax Records
Remarks & Misc
Remarks – Consumer: Discover an extraordinary opportunity on Florida Bay in Plantation Key, offering a rare combination of privacy, natural beauty and approximately 1,250 feet of waterfront with sweeping open-water views and spectacular sunsets. The property encompasses 21+ acres, with approximately 5 acres already cleared for the homesite and improvements. The remaining acreage creates an exceptional natural backdrop and sense of seclusion rarely found in the Florida Keys. A private drive winds through the tropical surroundings to the homesite, while a completed observation dock offers a beautiful setting to enjoy Florida Bay. Designed for this remarkable property is an exceptional 8-bedroom luxury residence created for sophisticated Keys living. Plans feature eight bedroom suites, expansive living and entertaining spaces, a chef-inspired kitchen with oversized island, private office, game room, elevator, extensive garage and storage areas, covered balconies and terraces, plus a pool and spa with generous outdoor living areas. For a buyer who purchases prior to completion, a unique opportunity awaits. The seller will pay the building costs for the planned residence, subject to the terms, specifications and allowances of the purchase agreement. Depending on the stage of construction, the buyer may also have the opportunity to personalize available finishes, selections and certain design elements. Ideally positioned near Snake Creek, enjoy convenient Bay-to-Ocean access with no fixed-bridge restriction and proximity to Founders Park. A remarkable opportunity to create a private Florida Bay retreat where luxury, privacy and the natural beauty of the Keys come together in one exceptional setting.
Assoc/Misc Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Miscellaneous Info
Mobile Home Lot: No
Dockage
Dock: Wood
Tax Exemptions
None: 1
Waterfront
Bay Front: 1
Open Water: 1
Waterview
Bay View: 1
Open Water View: 1
Location/Site
Cleared Site: 1
Water Frontage: 1
Existing Utilities
Undergrnd Utilities: 1
BuildingPermit
Active Permit: 1
Security
No Security: 1
Land Size
10 or more Acres: 1
Terms
Buyer Obtain Finance: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
Tax Exemptions: None
Waterfront: Bay Front; Open Water
Waterview: Bay View; Open Water View
Existing Utilities: Undergrnd Utilities
BuildingPermit: Active Permit
Security: No Security
Land Size: 10 or more Acres
Terms: Buyer Obtain Finance

Listing Office: Real Estate Sales Force, Inc.

Last Updated: August - 17 - 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.


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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)