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  • 304 Melaleuca Street, Duck Key, FL 33050 (MLS# 618198)

304 Melaleuca Street, Duck Key, FL 33050

$12,950,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 6,391 Lot Size (sq. ft.): 29,317 Status: Active
Current Price: $12,950,000 List Date: 1/19/2026 Last Modified: 2/23/2026

Description

Welcome to an extraordinary opportunity to own a BRAND NEW construction estate on one of Duck Key's RARE TRIPLE OCEANFRONT parcels—a masterpiece designed for refined island living and world-class waterfront enjoyment. This estate is under construction offers five bedrooms and six full baths, totaling 6,391 sq ft under air: 3,893 sq ft on the first floor, 2,498 sq ft on the second, plus a 959 sq ft elevated, climate-controlled garage. A private elevator serves all levels, while a custom gym can convert to a sixth bedroom or guest suite. Situated on 138 FEET OF DEEPWATER OCEAN FRONTAGE along a flow-through canal with breakwater protection, the residence includes a concrete seawall, direct ocean access, a tackle room, and cabana bath. Outdoor living features an infinity-edge heated/chilled pool with jacuzzi, an elevated covered bistro deck with grill, refrigerator, deep-fry burner, and bar seating, expansive entertaining spaces, luxury roll-down electric shutters for comfort, security, and privacy, and an exterior gas fireplace for year-round ambiance. The chef's kitchen boasts LUXURY HIGH END FINISHES including stainless Viking appliances, Miele coffee maker, quartz countertops with island seating, and a fully equipped butler's kitchen. Interiors feature wood floors throughout, a coastal palette of white, Sea Salt blue, and warm browns, two gas fireplaces, oversized laundry with double-stacked LG washer/dryer, walk-in closets, and a five-zone A/C system. Built for strength and style, the home includes galvanized rebar construction, impact windows and doors with floor-to-ceiling glass, standing seam aluminum roof, decorative exterior columns, colonial-style louvered shutters, smooth stucco coastal cottage siding, and paver walkways and driveway. This estate perfectly combines elegance, functionality, and waterfront lifestyle, offering an unparalleled residence in the Florida Keys.

More Information MLS# 618198

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Current Price: $12,950,000 Listing Date: 2026-01-17 List Price: $12,950,000

Location, Tax & Legal

City: Duck Mile Marker: 61 Marathon Neighborhood: N/A Side: Ocean Flood Zone: AE,AE,VE,AE Alternate Key #: 9102534 Parcel #: 00384830-000100 Zoning: ISM - Improved Sub Masonry Deed Restrictions: Yes Legal: BK 1 SLY 1/2 LT 73 AND ALL LTS 74 THRU 76 YACHT CLUB ISLAND SEC-4 TOMS HARBOR PB5-82 Taxes: 23356.94 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 304 Street Name: Melaleuca Street Suffix: Street Key/Island: Duck Key State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Yacht Club Island (61.0) Area: 20 - Duck Key, Coral Key, Conch Key

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 10 Lot Size: 271 x 138 Lot SqFt: 29317 Pool: Yes Lot Sqft Source: Property Data Card Acres: 0.67 SqFt Source: Blue Print Rentals Allowed: Yes Min Rental Days: 28 Style: Single Family Year Built: 2026 Living Apx SqFt: 6391 Total Bedrooms: 5 Full Baths: 5 Half Baths: 1 Total Baths: 6

Remarks & Misc

Remarks – Consumer: Welcome to an extraordinary opportunity to own a BRAND NEW construction estate on one of Duck Key's RARE TRIPLE OCEANFRONT parcels—a masterpiece designed for refined island living and world-class waterfront enjoyment. This estate is under construction offers five bedrooms and six full baths, totaling 6,391 sq ft under air: 3,893 sq ft on the first floor, 2,498 sq ft on the second, plus a 959 sq ft elevated, climate-controlled garage. A private elevator serves all levels, while a custom gym can convert to a sixth bedroom or guest suite. Situated on 138 FEET OF DEEPWATER OCEAN FRONTAGE along a flow-through canal with breakwater protection, the residence includes a concrete seawall, direct ocean access, a tackle room, and cabana bath. Outdoor living features an infinity-edge heated/chilled pool with jacuzzi, an elevated covered bistro deck with grill, refrigerator, deep-fry burner, and bar seating, expansive entertaining spaces, luxury roll-down electric shutters for comfort, security, and privacy, and an exterior gas fireplace for year-round ambiance. The chef's kitchen boasts LUXURY HIGH END FINISHES including stainless Viking appliances, Miele coffee maker, quartz countertops with island seating, and a fully equipped butler's kitchen. Interiors feature wood floors throughout, a coastal palette of white, Sea Salt blue, and warm browns, two gas fireplaces, oversized laundry with double-stacked LG washer/dryer, walk-in closets, and a five-zone A/C system. Built for strength and style, the home includes galvanized rebar construction, impact windows and doors with floor-to-ceiling glass, standing seam aluminum roof, decorative exterior columns, colonial-style louvered shutters, smooth stucco coastal cottage siding, and paver walkways and driveway. This estate perfectly combines elegance, functionality, and waterfront lifestyle, offering an unparalleled residence in the Florida Keys. Directions: Overseas Hwy to Duck Key (MM 61) Go past Hawks Cay Resort over Truman bridge, the Bimini Bridge and follow W Seaview Drive to Yacht Club island. Go over the Seaview Bridge. Turn on Melaleuca Street.

Association Info

Mandatory Home Owners Asc: No Voluntary Home Owners Asc: Yes 1st Right of Refusal: No Association Fee $: 350

Fee Includes

None: 1

Dockage

Dock Length: 138 Dock: Concrete Seawall: Concrete

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Freezer: 1 Gas Appliances: 1 Ice Machine: 1 Microwave: 1 More Appliances: 1 Oven: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1 Other: Vikiing and Miele

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1 Heat Pump: 1

Heating

Central: 1 Electric: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Ocean View: 1 Open Water View: 1

Floor

Tile: 1 Wood: 1

Neighborhood Feature

Community Boat Ramp: 1 Fire Hydrant: 1 Other Area Features: 1

Interior Features

Bar: 1 Built-in Cabinets: 1 Cathedral Ceilings: 1 Elevator: 1 Entrance Foyer: 1 Fireplace(s): 1 Pantry: 1 Quartz Countertops: 1 Smoke Alarms: 1 Split Bedroom: 1 Storage: 1 Walk-in Closet(s): 1 Wet Bar: 1

Property Condition

New Construction: 1 Under Construction: 1

Specialty Rooms

Laundry Room: 1

Building Style

Above Flood: Yes Stilt Column Height: Medium - 5Ft - 9Ft Stories: 2 Stories

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Car(s): 3 Garage: 1 Attached: 1

Security

Patrolled Area: 1

Construction

CBS: 1

Land Size

1/2 - Less Than 1 AC: 1

Furnished

Unfurnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

Cable Available: 1 Community Swr Plant: 1 FKAA: 1 Propane: 1 Sewer Available: 1 Whole House Generatr: 1

Porch/Balcony

Deck: 1 Open Porch/Balcony: 1 Patio: 1

Title

Title Ins - Buyer: 1

Exterior Features

Bar: 1 Built-in Grill: 1 Fencing: 1 Lighting: 1 Outdoor Kitchen: 1 Outdoor Shower: 1 Privacy Wall/Fence: 1 Storage: 1

Pool Info

In Ground: 1 Heated: Yes Concrete: 1 Decked: 1

Roof

Metal Roof: 1 Other Roof: 1

Shutters

Roll Down Electric: 1 Other: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Property Condition: New Construction; Under Construction Vehicle Storage: Garage; Attached Furnished: Unfurnished Cooling: Ceiling Fans(s); Central Air; Heat Pump Heating: Central; Electric Utilities: Cable Available; Community Swr Plant; FKAA; Propane; Sewer Available; Whole House Generatr Interior Features: Bar; Built-in Cabinets; Cathedral Ceilings; Elevator; Entrance Foyer; Fireplace(s); Pantry; Quartz Countertops; Smoke Alarms; Split Bedroom; Storage; Walk-in Closet(s); Wet Bar Specialty Rooms: Laundry Room Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Appliances; Ice Machine; Microwave; More Appliances; Oven; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Bar; Built-in Grill; Fencing; Lighting; Outdoor Kitchen; Outdoor Shower; Privacy Wall/Fence; Storage Pool Info: In Ground; Concrete; Decked Construction: CBS Shutters: Roll Down Electric; Other Floor: Tile; Wood Roof: Metal Roof; Other Roof Pets: Pets Allowed Neighborhood Feature: Community Boat Ramp; Fire Hydrant; Other Area Features Security: Patrolled Area Land Size: 1/2 - Less Than 1 AC Terms: Cash; Conventional Title: Title Ins - Buyer
Listing Office: Florida Keys Real Estate Group
Last Updated: February - 23 - 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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