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$5,550,000
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Property Description
Experience modern coastal luxury in Islamorada, where elevated design meets premier waterfront living. Built in 2017, this custom contemporary estate offers over 5,100sf of thoughtfully designed living space, set just 2 lots from the bay and across from a tranquil mangrove preserve that enhances both privacy and natural beauty. Boaters will love the setup - 100' of dockage with 2 elevator boat lifts (20,000lb and 15,000lb), plus easy access to Everglades National Park and the Atlantic Ocean through the 65' Channel 5 Bridge. Inside, the home feels open, bright, and refined. There are 5 ensuite bedrooms and 2 half baths, each bedroom featuring its own ductless A/C along with the central system. The primary suite includes a cozy sitting area, his-and-hers closets, and partial bay views. A secondary primary suite opens directly to the pool deck, offering privacy for guests or family. The top level centers around a stunning great room with vaulted ceilings, fireplace, and a chef's kitchen with high-end appliances - the perfect setting for entertaining. On the lower level, a relaxed family room with fireplace and wet bar creates another comfortable gathering space. Additional features include laundry on both floors, an elevator, 2-car garage, and gated circular drive. Out back, the saltwater pool, outdoor kitchen, and sound system create a true resort-style atmosphere. The east-facing orientation means warm morning sunshine, shady afternoons, and gentle ocean breezes. With CBS construction, metal roof, whole house generator and impact windows and doors, this home blends luxury, comfort, and peace of mind. This is waterfront living for those who value both elegance and ease - the Keys lifestyle at its finest.
Full Property Details
Full Property Details for 430 Palm Dr
General
- Sold For: $5,550,000
- Taxes: $31,236 (2025)
- Status: Closed
- Type: Single Family
- Source: 927
- MLS ID: 620457
- Added to Site: 103 day(s) ago
Interior
- Interior Features: Walk-in Closet(s), Elevator, Fireplace(s), Pantry, Security System
- Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 5
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Additional Information
- Pool: Yes
- Pool Description: Heated, Salt Water, In Ground
- Security/Safety: Electric Gate
Exterior
- Deck/Patio: Open Porch/Balcony, Patio
- Porch/Patio/Deck: Open Porch/Balcony, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Parking Features: Attached
Location
- Area: 22 - Lower Matecumbe
- County: Monroe
- Subdivision: Safety Harbor (74.0)
- Driving Directions: Lower Mat - turn at MM74 Bayside on Palm Dr and follow around. House is on left. Sign out front
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
Heating & Cooling
- Heating Type: Fireplace(s)
Structural Information
- Architectural Style: Above Flood
- Construction: CBS
- Roof: Metal
- Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
- Square Feet: 5,153
- Sq. Ft. Source: Property Data Card
- Year Built: 2017
Lot Features
- Property View: Canal, Bay
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,000
- Lot Size Source: Property Data Card
- Zoning: R1 - Residential Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Front
Financial Considerations
- Tax Amount: $31,236.36
- Tax Year: 2025
Disclosures and Reports
- Legal Description: BK 3 LT 10 SAFETY HARBOR PB 3-69 SEC-1 LOWER MATECUMBE KEY OR480-844 OR832-483 OR865-2468 OR1265-2191 OR1345-446/47 OR17
- Flood Zone: AE, AE
- APN: 00391250-000000
Listed and Sold by Coastal Realty of the Florida Keys, Claire Johnson (305) 731-4602
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Schools
Schools serving 430 Palm Dr
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Plantation Key School 100 Lake Road, Tavernier, FL 33070 | PK-8 | 15.4 mi |
Coral Shores High School 89901 Old Highway, Tavernier, FL 33070 | 9-12 | 15.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 430 Palm Dr
Date
Details
Price
Change
Source
9/10/2026
Sold
$5,550,000
-7.48%
MLS
7/01/2026
Listed
$5,999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
430 Palm Drive, Lower Matecumbe, FL 33036 (MLS# 620457) is a Single Family property that was sold at $5,550,000 on September 10, 2026. Want to learn more about 430 Palm Drive? Do you have questions about finding other Single Family real estate for sale in Lower Matecumbe? You can browse all Lower Matecumbe real estate or contact a Coldwell Banker agent to request more information.

