439 Palm Drive Drive, Lower Matecumbe, FL 33036

$1,950,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,294 Lot Size (sq. ft.): 11,080 Status: Closed

Current Price: $1,950,000 List Date: 12/24/2025 Last Modified: 6/12/2026

Overview

Description

VA Assumable! Experience refined waterfront living in the Florida Keys, where luxury meets effortless access to world-class boating and fishing. This exceptional canal-front residence is thoughtfully designed for discerning buyers who value privacy, convenience, and a true connection to the water. A private dock with newly added 15,000 lb boat lift provides seamless access to open water, allowing you to leave your backyard and reach premier fishing grounds in minutes. A utility elevator lift enhances everyday comfort, making it easy to move gear, provisions, and luggage between levels with ease. Outdoor living is elevated for both entertaining and function. A custom storage shed equipped with an ice machine and two deep freezers caters perfectly to avid anglers and boating enthusiasts, offering an ideal setup for bait, ice, and fresh catch storage—an uncommon and highly desirable feature in the Keys. Inside, the home offers a bright, coastal interior that complements the ... (Read more)

Listing Details MLS# 617822

Location, Tax & Legal

Street #: 439
Street Name: Palm Drive
Street Suffix: Drive
Key/Island: Lower Matecumbe
State/Province: FL
Zip Code: 33036
County: Monroe
Subdivision: Safety Harbor (74.0)
Area: 22 - Lower Matecumbe
City: ISLAMORADA
Off Shore Island: No
Mile Marker: 74
Marathon Neighborhood: N/A
Side: Bay/Gulf
Flood Zone: AE-9
Alternate Key #: 00391440-000000
Parcel #: 00391440-000000
Zoning: R1 - Residential Single Family
Deed Restrictions: No
Legal: BK 4 LT 6 SAFETY HARBOR PB3-69 SECTION 1 LOWER MATECUMBE KEY
Taxes: 16372
Tax Year: 2025
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Florida Keys
As is Rght to Inspct: Yes
Species List: No

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 5
Pool: Yes
Year Built: 1983
Lot SqFt: 11080
Lot Sqft Source: Property Data Card
Living Apx SqFt: 2294
SqFt Source: Property Data Card
Total Bedrooms: 4
Full Baths: 3
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: 28

Status Change Info

Under Contract Date: 2026-05-19
Sold Date: 2026-06-12

Association Info

Mandatory Home Owners Asc: No
Voluntary Home Owners Asc: Yes
1st Right of Refusal: No
Assoc Approval Req: No
Association Fee $: 100
Assoc/Mnt Fee Per: Yearly

Dockage

Dock Length: 40
Dock: Composite
Boat Lift: Yes

More Information

Building Style

Above Flood: Unknown

Pool Info

Heated: Yes
Concrete: Yes
Decked: Yes
Screened In: Yes

Remarks & Misc

Remarks – Consumer: VA Assumable! Experience refined waterfront living in the Florida Keys, where luxury meets effortless access to world-class boating and fishing. This exceptional canal-front residence is thoughtfully designed for discerning buyers who value privacy, convenience, and a true connection to the water. A private dock with newly added 15,000 lb boat lift provides seamless access to open water, allowing you to leave your backyard and reach premier fishing grounds in minutes. A utility elevator lift enhances everyday comfort, making it easy to move gear, provisions, and luggage between levels with ease. Outdoor living is elevated for both entertaining and function. A custom storage shed equipped with an ice machine and two deep freezers caters perfectly to avid anglers and boating enthusiasts, offering an ideal setup for bait, ice, and fresh catch storage—an uncommon and highly desirable feature in the Keys. Inside, the home offers a bright, coastal interior that complements the surrounding water views, creating a calm and inviting retreat. Designed for both full-time living and elegant escapes, the residence balances relaxed island style with upscale practicality. Whether hosting sunset gatherings, heading offshore at first light, or enjoying quiet evenings by the water, this property delivers a lifestyle defined by ease, sophistication, and the unparalleled beauty of the Florida Keys. An exceptional opportunity for those seeking a premier waterfront home that supports both luxury living and an active boating lifestyle.
Directions: Heading south on US1 take a right on Palm Dr. house is on the left.

Fee Includes

Other: Yes

Tax Exemptions

Homestead: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Freezer: Yes
Ice Machine: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Washer: Yes

Pets

Pets Allowed: Yes

Cooling

Central Air: Yes

Heating

Central: Yes

Waterfront

Canal Front: Yes

Waterview

Bay/Gulf View: Yes
Canal View: Yes
Open Water View: Yes

Floor

Tile: Yes

Interior Features

Walk-in Closet(s): Yes

Specialty Rooms

Utility Room: Yes
Workshop: Yes

Windows/Doors

Impact Rstnce Doors: Yes
Impact Rstnce Window: Yes

Vehicle Storage

Carport: Yes

Security

No Security: Yes

Construction

CBS: Yes

Land Size

Less Than 1/4 Acre: Yes

Furnished

Furnished: Yes
Negotiable: Yes

Terms

Assumable: Yes
Cash: Yes
Conventional: Yes
No Seller Finance: Yes
VA: Yes

Utilities

Buyer to Verify: Yes

Porch/Balcony

Open Porch/Balcony: Yes
Screened P/B: Yes

Exterior Features

Shed: Yes
Storage: Yes

Roof

Shingle Roof: Yes

Property Features

Fee Includes: Other Tax Exemptions: Homestead Waterfront: Canal Front Waterview: Bay/Gulf View; Canal View; Open Water View Dockage: Boat Lift Vehicle Storage: Carport Furnished: Furnished; Negotiable Cooling: Central Air Heating: Central Utilities: Buyer to Verify Interior Features: Walk-in Closet(s) Specialty Rooms: Utility Room; Workshop Appliances: Dishwasher; Dryer; Freezer; Ice Machine; Microwave; Oven; Refrigerator; Washer Exterior Features: Shed; Storage Pool Info: Concrete; Decked; Screened In Construction: CBS Floor: Tile Roof: Shingle Roof Pets: Pets Allowed Security: No Security Land Size: Less Than 1/4 Acre Terms: Assumable; Assumable; Cash; Conventional; No Seller Finance; VA

Listing Office: Coldwell Banker Schmitt Islamorada

Last Updated: June - 12 - 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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