$95,000,000

10 Cannon Point

Key Largo FL, 33037

Description

Pumpkin Key is an extraordinary private island totaling 26 acres in the tropics of Card Sound Bay located in the Florida Keys. Just 10 minutes by helicopter to Miami's famous South Beach and 3 minutes by boat to its shore home with dockage at the Ocean Reef Club, a private club in Key Largo, with an airstrip for private jets. This island with its proximity to Ocean Reef and Miami offers the opportunity for privacy without isolation. The lush and vibrant landscape offers endless possibilities for development. Self-sufficient with water and electricity in place from shore to the 12 large bay front lots. Currently, the island features one main home with three bedrooms, two caretaker's cottages, and a dock master's apartment. Additional features include a dock master office and a 20-slip marina able to accommodate a mega-yacht. In the center of the island are tennis courts that also serve as a helipad and golf cart paths circle the island. A suggested development could entail a family compound with several large bay front homes or this island could be created into a club within the private club of Ocean Reef and include up to 12 homes, each on one-acre bay front lots. Enjoy panoramic views of Card Sound Bay with the most spectacular sunsets all year long.

Details

MLS#568695
Listing TypeFor Sale
StyleHouse
HOA Dues$73,000
Sub-TypeResale
StatusActive
Year1985
Days On Site1705

Features

Bed(s)10
Bath(s) 14 Total
SQ Feet5,000
Units4
ZoningOS - Offshore Island
Acreage26.00
Water FrontYes

Market Activity 33037

Russell A Post LogoMLS Number: 568695
Listing Provided By:
Russell A Post  of  Ocean Sotheby's International Realty
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Area Information
StateFL
CountyMonroe
CityKey Largo
Zip Code33037
AreaKey Largo N of MM 107 Incl Ocean Reef
SubareaKey Largo N of MM 107 Incl Ocean Reef
Community NameOcean Reef Club (905.0)
Listing VS Median (in Ocean Reef Club (905.0))
Price:
$95,000,000
low | high
Med:
$48,750,000
98.684210526316% of Average
SqFt:
5,000
low | high
Med:
2,500
100% of Average
$ / SqFt:
$19,000
low | high
Med:
$9,500
100% of Average
On Site:
1705
low | high
Med:
949
100% of Average
Sourced by Back At You
Listing Updated: November 27, 2021 5:22:29 PM PST
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.