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$3,725,000
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Property Description
Experience elevated coastal living in this exceptional 4-bedroom, 4-bathroom bayside estate offering 4,144 sq ft of refined waterfront luxury in highly desirable Plantation Key Colony. Designed to capture breathtaking sunset views, this residence offers expansive living spaces filled with natural light and seamless indoor-outdoor living. The chef's kitchen features stainless steel appliances, double ovens, gas cooking, generous counter space, and custom finishes, ideal for entertaining. Two luxurious primary suites include spa-inspired baths and oversized walk-in closets, creating private retreats. A separate downstairs guest quarters provides comfort and independence for extended family or visitors. The rooftop deck showcases unobstructed open-water bay views and spectacular Keys sunsets year-round. Built for durability and peace of mind, the home offers a metal roof, impact windows and doors, full fencing, and a private electric gate. All-new professional landscaping enhances the lush tropical setting. The brand-new dock features a 20,000 lb boat lift and double jet ski lift, providing exceptional dockage and immediate access to open water. Marine life is abundant right off the dock, including manatees, parrot fish, goliath grouper, tarpon, eels, and starfish. Located on the bay side, this property is ideal for backcountry fishing while still offering a quick boating commute to the ocean side for reef and offshore adventures--truly the best of both worlds. Seller is offering a $75,000 credit toward a pool currently in the permit process. Seller has already paid a $10,000 non-refundable deposit, which is not part of the $75,000 credit. A rare opportunity to own a premier waterfront home in the Florida Keys.
Full Property Details
Full Property Details for 406 S Coconut Palm Blvd
General
- Sold For: $3,725,000
- HOA FEE: $21/month
- HOA FEE FREQ.: Yearly
- Taxes: $34,917 (2025)
- Status: Closed
- Type: Single Family
- Source: 927
- MLS ID: 618729
- Added to Site: 97 day(s) ago
Interior
- Interior Features: Entrance Foyer, Walk-in Closet(s), Drapes/Blinds Incl, Quartz Countertops
- Appliances: Stainless Steel Appliance(s), Dishwasher, Dryer, Gas Appliances, Microwave, Oven, Range, Refrigerator, Washer
- Flooring: Tile, Marble
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Shared Amenities: Community Boat Ramp
- Pool: Yes
- Pool Description: Concrete, In Ground
Exterior
- Exterior Features: Lighting, Fencing, Privacy Wall/Fence
- Deck/Patio: Roof Top Deck, Open Porch/Balcony
- Porch/Patio/Deck: Roof Top Deck, Open Porch/Balcony
Parking
- Parking Features: Off Street, Covered
Location
- Area: 25 - Plantation Key
- County: Monroe
- Subdivision: Plant Key Colony (90.0)
- Driving Directions: From Overseas Highway turn onto Royal Poinciana Blvd. towards Bayside. Turn left onto S Coconut Palm Blvd. House is on the left.
Community
- Assoc. Fees Include: Other
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fans(s)
- Heating Type: Heat Pump
Structural Information
- Architectural Style: Above Flood
- Construction Status: Updated/Remodeled
- Construction: CBS, Combo Construction
- Roof: Metal
- Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window, Other Windows/Doors
- Square Feet: 4,144
- Sq. Ft. Source: Property Data Card
- Year Built: 1966
- Property Condition: Updated/Remodeled
Lot Features
- Property View: Open Water View, Ocean, Bay
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,325
- Lot Size Source: Property Data Card
- Zoning: R1 - Residential Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bay Front, Gulf Front, Open Water
Financial Considerations
- Association Fee: Yes
- Association Fee: $250
- Assoc Fee Freq.: Yearly
- Tax Amount: $34,917
- Tax Year: 2025
Disclosures and Reports
- Legal Description: BK 1 LT 9 REVISED PLAT OF PT OF PLANTATION KEY COLONY PLANTATION KEY PB4-64
- Flood Zone: VE, VE, AE
Listed and Sold by Coldwell Banker Schmitt Key Largo, April Struhs (305) 399-6297
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Schools
Schools serving 406 S Coconut Palm Blvd
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Plantation Key School 100 Lake Road, Tavernier, FL 33070 | PK-8 | 0.5 mi |
Coral Shores High School 89901 Old Highway, Tavernier, FL 33070 | 9-12 | 0.5 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 406 S Coconut Palm Blvd
Date
Details
Price
Change
Source
5/04/2026
Sold
$3,725,000
-11.1%
MLS
3/23/2026
Price Reduced
$4,190,000
-3.68%
MLS
2/19/2026
Listed
$4,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
406 S Coconut Palm Boulevard, Plantation Key, FL 33070 (MLS# 618729) is a Single Family property that was sold at $3,725,000 on May 04, 2026. Want to learn more about 406 S Coconut Palm Boulevard? Do you have questions about finding other Single Family real estate for sale in Plantation Key? You can browse all Plantation Key real estate or contact a Coldwell Banker agent to request more information.

