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$5,600,000
400 Palm Drive
Lower Matecumbe, FL 33036
MLS# 613346
Status: Closed
6 beds  |  8 baths  |  4700 sqft


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Property Description
Welcome to Mykonos Villa, a luxurious 6-bedroom, 7.5-bathroom estate in Islamorada, FL. This home features an open layout with natural light, sleek finishes, and refined design. The gourmet kitchen, with a La Cornue stove, high-end appliances, and custom cabinetry, flows seamlessly into the living and dining areas, perfect for entertaining. A smart home system manages temperature, security, and pool features. Each bedroom includes a private en-suite bathroom. The master suite offers breathtaking views, a private balcony, spa-inspired bathroom, and spacious walk-in closet. Outdoors, enjoy a pool, hot tub, kitchen, 100 feet of private dockage, two boat lifts, and a fish cleaning station. Mykonos Villa—Live where the ocean greets luxury, and paradise is your everyday address.

Details
Maps
Contract Information
Listing Board: Florida Keys
Potential Short Sale: No
Bank Owned: No
Current Price: $5,600,000
Listing Date: 2025-01-26
Sold Price: $5,600,000
Location, Tax & Legal
City: ISLAMORADA
Mile Marker: 74
Marathon Neighborhood: N/A
Side: Bay/Gulf
Flood Zone: AE
Alternate Key #: 1479667
Parcel #: 00391340-000000
Zoning: R1 - Residential Single Family
Deed Restrictions: Unknown
Legal: BK 3 LOT 19 SAFETY HARBOR PB3-69 SEC 1 LOWER MATECUMBE KEY OR560-874 OR622-84 OR622-82 OR772-1952 OR823-1251 OR2496-913
Taxes: 19835.47
Tax Year: 2023
Pub Sewer HkUp: Yes
Street #: 400
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
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: Yes
Control Depth: 5
Lot SqFt: 10000
Pool: Yes
Total Units: 0
Acres: 0.23
SqFt Source: Seller
Rentals Allowed: With Restrictions
Style: Single Family
Year Built: 1989
Living Apx SqFt: 4700
Total Bedrooms: 6
Full Baths: 7
Half Baths: 1
Total Baths: 8
Remarks & Misc
Remarks – Consumer: Welcome to Mykonos Villa, a luxurious 6-bedroom, 7.5-bathroom estate in Islamorada, FL. This home features an open layout with natural light, sleek finishes, and refined design. The gourmet kitchen, with a La Cornue stove, high-end appliances, and custom cabinetry, flows seamlessly into the living and dining areas, perfect for entertaining. A smart home system manages temperature, security, and pool features. Each bedroom includes a private en-suite bathroom. The master suite offers breathtaking views, a private balcony, spa-inspired bathroom, and spacious walk-in closet. Outdoors, enjoy a pool, hot tub, kitchen, 100 feet of private dockage, two boat lifts, and a fish cleaning station. Mykonos Villa—Live where the ocean greets luxury, and paradise is your everyday address.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
Dock Length: 100
Dock: Concrete
Boat Lift: 1
Seawall: Concrete
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
Gas Appliances: 1
Ice Machine: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Washer: 1
Wine Cooler: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Heating
Central: 1
Waterfront
Canal Front: 1
Waterview
Canal View: 1
Interior Features
Bar: 1
Built-in Cabinets: 1
Drapes/Blinds Incl: 1
Elevator: 1
Pantry: 1
Quartz Countertops: 1
Walk-in Closet(s): 1
Wet Bar: 1
Window Treatments: 1
Property Condition
New Construction: 1
Updated/Remodeled: 1
Specialty Rooms
Laundry Room: 1
Media Room: 1
Building Style
Above Flood: Yes
Stories: 2 Stories
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Sliding Glass Doors: 1
Vehicle Storage
Carport: 1
Covered Parking: 1
Garage: 1
Guest Parking: 1
Open Parking: 1
Security
On Premises System: 1
Construction
CBS: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
Utilities
Municipal Sewer: 1
Porch/Balcony
Open Porch/Balcony: 1
Patio: 1
Exterior Features
Bar: 1
Built-in Grill: 1
Chickee Hut: 1
Fencing: 1
Lighting: 1
Outdoor Kitchen: 1
Privacy Wall/Fence: 1
Rain Gutters: 1
Pool Info
In Ground: 1
Pre-Wired
Cat 5: 1
Surround Sound: 1
Roof
Metal Roof: 1
Financial Status
Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Status Change Info
Sold Date: 2025-05-09
Sold Price: $5,600,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Canal View
Dockage: Boat Lift
Property Condition: New Construction; Updated/Remodeled
Vehicle Storage: Garage; Carport; Covered Parking; Guest Parking; Open Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Heating: Central
Utilities: Municipal Sewer
Interior Features: Bar; Built-in Cabinets; Drapes/Blinds Incl; Elevator; Pantry; Quartz Countertops; Walk-in Closet(s); Wet Bar; Window Treatments
Pre-Wired: Cat 5; Surround Sound
Specialty Rooms: Laundry Room; Media Room
Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Appliances; Ice Machine; Microwave; Oven; Refrigerator; Washer; Wine Cooler
Exterior Features: Bar; Built-in Grill; Chickee Hut; Fencing; Lighting; Outdoor Kitchen; Privacy Wall/Fence; Rain Gutters
Pool Info: In Ground
Construction: CBS
Roof: Metal Roof
Pets: Pets Allowed
Security: On Premises System
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional

Listing Office: Pine River Realty, LLC

Last Updated: May - 12 - 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.