28 Pen Key Drive
ISLAMORADA, Florida FL 33036
$5,495,000 Price
Active Status
4 Bedrooms
4 Full Baths
4 Total Baths
3,044 SqFt
0.490 Acres
599529 Listing ID
First time offered for sale... the most exclusive spot in Islamorada's most exclusive gated community! This open bayfront Old Florida home rests on nearly half an acre with the most enchantingly beautiful shoreline and crystal clear water in Islamorada. Tucked into its own private corner of prestigious Pen Key Club, this ground level home is one of only seven in the 31-home community that is directly on the open bay. It also has its own private dock (in need of repair) and a large private pool, in addition to enjoying use of the community boat basin and the community pool if desired. Another unique feature of Pen Key is that the club employs a full-time property manager living on site to help maintain the pristine grounds and common areas. After a day out fishing or boating, come home and watch the sunset from your own back yard and then stroll through the meticulously landscaped neighborhood and out the secure front gates to enjoy fine dining just steps away. This original concrete home has a concrete roof and is ready for you to come in and make it your own. The unique floor plan features a spacious living area with coral rock fireplace that opens to a glassed-in Florida room with sliders directly to the pool. In the main home are two bedrooms with two adjoining full baths. Outside the front door on the opposite side of the carport are two private guest suites, both with ensuite full baths. Both of these guest suites have their own private entrances. Outside is a large shady grass yard with beautiful mature trees. This one-of-a-kind community is also perfectly situated in downtown near fine dining, bars, shops, art galleries, museums and of course, the monthly Art Walk and Full Moon Party. If you are ready to live the good life in the heart of downtown Islamorada, then it's time to discover the peace, security and lush tranquility of Pen Key Club.
Schedule Showing
Status Active
County Monroe
Year Built 1964
Property Type Residential
Property Sub Type Residential - Single Family

Primary Features

County: Monroe
Property Sub Type: Residential - Single Family
Property Type: Residential
Subdivision: Penn Key Club (83.0)
Year Built: 1964
Zoning: R1 - Residential Single Family


Appliances: Oven, Range, Refrigerator
Cooling/Heating: Central A/C, Combination A/C, Window/Wall Unit
Floor: Carpet, Combo, Tile Floor
Furnished: Unfurnished
Guest/Servant Quarters: Legal
Interior Features: Fireplace(s)
SqFt Source: Tax Records


Above Flood: Unknown
Building Style: Conch, Ground Level
Construction: CBS
Control Depth: 4
Dock: Wood
Dockage: Assigned Dock, Basin, Boat Slip, Dock Privileges
Flood Zone: AE,VE
Land Size: 1/4 - 1/2 Acre
Lot Size: 100 x 200 approx.
Lot SqFt: 21250
Neighborhood Feature: Community Dockage, Community Pool, Manager on Premises
Off Shore Island: no
Pool: yes
Pool Info: Concrete, Decked, In Ground
Porch/Balcony: Screened Patio
Pub Sewer Hook Up: yes
Roof: Concrete Roof
Security: Electric Gate
Side: right
Style: Single Family
Total Units: 1
Vehicle Storage: Carport, Covered Parking, Guest Parking, Off Street Parking, Open Parking
Waterfront: yes
Waterfront Type: Bay Front, Open Water
Waterview: Bay/Gulf View, Open Water View
Windows/Doors: Awning Windows, Other Windows/Doors, Sliding Glass Doors


Area: 23 - Upper Matecumbe
Key/Island: Upper Matecumbe Key Islamorada
Marathon Neighborhood: N/A
Mile Marker: 83
Parcel Number: 00402700-000000


Association Approval Required: yes
FEMA List: no
Handicap Access: yes
Pets: Pets Allowed
Utilities: Cable Available, Elect Separate Meter, FKAA, Municipal Sewer, Water Separate Meter


1st Right of Refusal: no
As Is/Right To Inspect: yes
Association Fee: 6500
Association/Maintenance Fee Frequency: Yearly
Deed Restrictions: Unknown
Fee Includes: Common Area Mnt, Security
HOA: yes
Rentals Allowed: No
Tax Exemptions: Homestead
Tax Year: 2021
Taxes: 5668.92

Zoning Info

©2022 Florida Keys MLS, Inc. The data relating to real estate for sale on this web site comes in part from the Florida Keys Multiple Listing Service. Listing courtesy of Coldwell Banker Schmitt Islamorada. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated: Tuesday, June 28th, 2022 at 11:27:50 PM.

Contact - Listing ID 599529

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Kimberly Gray

PO Box 102
Tavernier, FL 33070
Phone: 3053937726

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