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$3,100,000
430 Palm Drive
Lower Matecumbe, FL 33036
MLS# 575172
Status: Closed
5 beds  |  5.2 baths  |  4802 sqft


Aerial
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Aerial Aerial Aerial Aerial Aerial Aerial Aerial Aerial Aerial Aerial Aerial Aerial Exterior Front Exterior Front Entry on First Floor IMG_6070[1] IMG_6067[1] Downstairs Living Area Downstairs Living Area IMG_6069[1] First Floor Bar Area Elevator (2) Elevator (1) First Floor Half Bath First Floor Main Laundry Room 1st Floor Front Guest Room 1 1st Floor Front Guest Room 4 1st Floor Front Guest Bath 2 1st Floor Front Guest Bath 3 1st Floor Pool Side Guest Room 1 1st Floor Pool Side Guest Room 2 1st Floor Pool Side Guest-Cabana Bath 1 1st Floor Pool Side Guest-Cabana Bath 2 First Floor Master Bedroom 2 First Floor Master Bedroom 3 First Floor Master Bedroom 5 First Floor Master Bathroom 1 First Floor Master Bathroom 2 Main Level Living Area Living Room 1 Main Level Living Area Main Level Living Area Open Dining/Living Area Dining Area Dining Table Dining Area/Fireplace Kitchen Kitchen Kitchen Kitchen Bar Kitchen 2nd Floor half bath 2nd Floor Laundry Closet 2nd Floor Guest Bedroom 3 2nd Floor Guest Bedroom 2 2nd Floor Front Guest Bath 2 2nd Floor Front Guest Bath Master Bedroom Master Bedroom Master w/Bay Views Master Bedroom Master w/Bay Views Master Bath 1 Master Bathroom Master Bath Shower Upstairs Balcony Upstairs Balcony Upstairs Balcony View of the Pool from Upstairs Balcony Canal View 1 Dock and Canal Veiw of Rear Exterior from Dock 2 Veiw of Rear Exterior from Dock Outdoor Kitchen 1 Outdoor Kitchen 2 Outdoor Patio Pool Pool Pool Pool Pool Pool Aerial

Property Description
Exceptional Quality abounds in this New Construction home located on desirable Lower Matecumbe Key. The features of this 4800sf, 5 bedroom, 7 bath home, with Florida Bay views are endless & must be seen in person! The owners took great care in the design & construction & was built above the required building codes. This solid concrete, 2 story, luxury home was built above flood. Features include:

Details
Maps
Contract Information
Current Price: $3,100,000
Listing Date: 2017-04-14
Listing Board: Florida Keys
Leased Price Monthly: $3,100,000
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 430
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
Style: Single Family
Waterfront: Yes
Control Depth: 5
Pool: Yes
Year Built: 2017
Lot SqFt: 10000
Acres: 0.23
Living Apx SqFt: 4802
SqFt Source: Seller
Total Bedrooms: 5
Full Baths: 5
Half Baths: 2
Total Baths: 5.2
Rentals Allowed: With Restrictions
Min Rental Days: 28
Association Info
Mandatory Home Owners Asc: No
Voluntary Home Owners Asc: Yes
1st Right of Refusal: No
Dockage
Dock Length: 100
Dock: Wood
Building Style
Above Flood: Unknown
# Stories: 2 Stories
Vehicle Storage
Car(s): 4+
Pool Info
Other: Spa
Heated: Yes
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2017-12-02
Leased Date: 2017-12-15
Leased Price Monthly: $3,100,000
Status: Closed
Property Features
Fee Includes: Other
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Bay/Gulf View; Canal View; Open Water View
Vehicle Storage: Garage; Attached; Auto Door Opener; Off Street Parking
Furnished: Unfurnished
Cooling: Ceiling Fans(s); Central Air; Heat; Heat Pump
Utilities: Municipal Sewer
Interior Features: Bar; Built-in Cabinets; Cathedral Ceilings; Elevator; Entrance Foyer; Fireplace(s); Granite Counter Top; Pantry; Quartz Countertops; Smoke Alarms; Storage; Tray Ceilings; Walk-in Closet(s); Wet Bar; Whirlpool Bath Tub
Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Appliances; Ice Machine; Microwave; More Appliances; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler
Exterior Features: Bar; Gazebo; Outdoor Kitchen; Outdoor Shower; Storage
Accessibility Feat: Accessible; Accessible Doors; Accessible Elevator Installed; Accessible Full Bath
Pool Info: In Ground
Construction: CBS
Shutters: Bahama
Floor: Tile; Wood
Roof: Metal Roof
Land Size: Less Than 1/4 Acre
Terms: Buyer Obtain Finance
Supplements
amazing views of the Florida Bay from almost every room as well as both master bedrooms. The new 100' dock is constructed of Cumaru Brazilian hardwood, as are the steps and decking leading to the dock, great choice of material for the natural elements of the Keys. Enjoy the benefit and privacy of being situated on a deep water canal that is directly across from an 83 acre conservation area, so you never have to worry about neighbors. The outdoor living area will entice you with the spa pool designed with a lap area. There is an outdoor hot/cold shower. The Gazebo, which was permitted as its own structure, houses the outdoor kitchen and bar with outdoor tile counters and stainless storage. Throughout the interior of the home you will find Brazilian Santos hardwood floors, as well as Shell stone tile floors on the first level,two beautiful Keystone Fireplaces, 3-stop Elevator, Cumaru wood banisters that were milled on site, crown molding, custom quality cabinetry, granite, marble and quartz counters throughout, top-of-the-line appliance such as Wolf and Subzero. Open floor plan with high vaulted ceilings with custom wood beams, crafted crown molding and window/door casing. Every window and door in the home is impact and rated for 180 mph winds. Every sliding door was designed to fully pocket into the walls so you can merge your indoor/outdoor living and always enjoy the island breeze throughout the house. Custom bar area on the first and second floors are great for entertaining and are equipped with wine cooler fridge, ice makers, cabinetry, under shelf lighting, and hammered copper sinks with matching faucets. Keep your vehicles protect in the spacious 2-car finished garage.A brick paver circular drive, native landscaping and all underground utilities give a clean curb appeal. Other exterior touches include clean neutral paint colors, banded windows, and brass nautical light fixtures on both the front and rear of the home. The list of features goes on and on! Don't miss this rare opportunity to own a brand new Keys home.

Listing Office: Coldwell Banker Schmitt Islamorada

Last Updated: March - 31 - 2025

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