$5,000,000
83080 Overseas Highway
Upper Matecumbe Key Islamorada, FL 33036
MLS# 579804
Status: Closed
5 beds  |  5.1 baths  |  4503 sqft


7.5 Acres Bayfront Islamorada
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7.5 Acres Bayfront Islamorada Large Bayfront Residence Front Entrance Front View Front of Main House Back of Main House Back at Twighlight Bayfront Lawn Bayfront Lawn Bayfront Bayfront & 600' Canal Entrance Gorgeous Sunsets Year Round Sunset on the Bay Sunset View Sunset Pool Living Room Living Room to Patio Living Room Bedroom 1 Bedroom 2 Bedroom 2 Bedroom 3 Bedroom 3 Bathroom 2 Bedroom 4 Bathroom 4 Bedroom 5 Bedroom 5 Bathroom 5 Kitchen Kitchen Kitchen Family Room Family Room Family Room Elevator 2nd Living Room 2nd Living Room Kitchenette Off Guest Suite Kitchenette Off Guest Suite Large Screened Patio Bath with Outdoor Shower Outdoor Shower Large Open Patio Bayside Pool Entrance Pool Pool Pool Pool Pool 7.5 Acre Estate 7.5 Acre Estate 7.5 Acre Estate 7.5 Acre Estate 7.5 Acre Estate 7.5 Acre Estate 7.5 Acre Estate Long Winding Drive Long Winding Drive Main Entrance Sunset on the Bay Sunset on the Bay Welcome to Picroc Ali

Property Description
Picroc Ali, also known as The Historic Russell Estate, boasts 7.69 luscious acres of some of the most beautiful land the Florida Keys has to offer. Situated on the Florida Bay, this lovely estate offers 600' of private canal frontage with protected dockage, an elegant pool & spa and private gated entry with long winding driveway. One can enjoy gorgeous sunsets year-round at this supreme location. With over 4,500 square feet of living, this 5B/5.5B home is constructed of CBS block with a concrete roof. The layout of this well-thought-out residence affords full privacy in the master suite and all of the guest suites. The elevator and 4 enclosed garage bays are centrally and conveniently located.

Details
Maps
Documents
Contract Information
Listing Board: Florida Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Current Price: $5,000,000
Listing Date: 2018-04-16
Sold Price: $5,000,000
Location, Tax & Legal
City: ISLAMORADA
Mile Marker: 83.2
Side: Bay/Gulf
Flood Zone: AE,AE,VE,AE
Alternate Key #: 1109894
Handicap Access: Yes
Add'l Parcel #1: 3 Parcels of Land
Parcel #: 00094660-000000
Add'l Parcel #2: 1 RE# for Taxes
Zoning: NR - Native Residential
Deed Restrictions: Unknown
Legal: T28 63 37 PT GOVT LOT 2 AND ADJ BAY BTM NWLY PT LOTS 2 AND 3 ISLAND OF UPPER MATECUMBE OR199-480 OR235-200/02 OR1133-223
Taxes: 14928.83
Tax Year: 2017
Pub Sewer HkUp: Yes
Street #: 83080
Street Name: Overseas
Street Suffix: Highway
Key/Island: Upper Matecumbe Key Islamorada
State/Province: FL
Zip Code: 33036
County: Monroe
Subdivision: Russell Estates (83.2)
Area: 23 - Upper Matecumbe
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: Yes
Control Depth: 4
Lot SqFt: 334976
Pool: Yes
Total Units: 0
Acres: 7.69
SqFt Source: Property Data Card
Rentals Allowed: With Restrictions
Min Rental Days: 7
Style: Single Family
Year Built: 1978
Living Apx SqFt: 4503
Total Bedrooms: 5
Full Baths: 5
Half Baths: 1
Total Baths: 5.1
Remarks & Misc
Remarks – Consumer: Picroc Ali, also known as The Historic Russell Estate, boasts 7.69 luscious acres of some of the most beautiful land the Florida Keys has to offer. Situated on the Florida Bay, this lovely estate offers 600' of private canal frontage with protected dockage, an elegant pool & spa and private gated entry with long winding driveway. One can enjoy gorgeous sunsets year-round at this supreme location. With over 4,500 square feet of living, this 5B/5.5B home is constructed of CBS block with a concrete roof. The layout of this well-thought-out residence affords full privacy in the master suite and all of the guest suites. The elevator and 4 enclosed garage bays are centrally and conveniently located.
Directions: M.M. 83.1 bayside, private gated entry, name Picroc Ali on electric gate.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
Seawall: Cut/Natural
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Waterfront
Bay Front: 1
Open Water: 1
Waterview
Bay/Gulf View: 1
Open Water View: 1
Floor
Carpet: 1
Tile: 1
Other: 1
Interior Features
Built-in Cabinets: 1
Drapes/Blinds Incl: 1
Elevator: 1
Storage: 1
Walk-in Closet(s): 1
Building Style
Above Flood: Yes
Stories: 2 Stories
Vehicle Storage
Covered Parking: 1
Garage: 1
Guest Parking: 1
RV Parking Open: 1
Auto Door Opener: 1
Off Street Parking: 1
Trailer Storage: 1
Security
Electric Gate: 1
Construction
CBS: 1
Land Size
5 Less Than 10 Acres: 1
Furnished
Unfurnished: 1
Terms
Buyer Obtain Finance: 1
Utilities
Buyer to Verify: 1
Cable Available: 1
Cistern: 1
FKAA: 1
Municipal Sewer: 1
Propane: 1
Porch/Balcony
Open Porch/Balcony: 1
Patio: 1
Screened Patio: 1
Title
Title Ins - Buyer: 1
Exterior Features
Fruit Tree(s): 1
Lighting: 1
Outdoor Shower: 1
Shed: 1
Sprinkler System: 1
Storage: 1
Pool Info
In Ground: 1
Concrete: 1
Decked: 1
Roof
Concrete Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Shutters
Other: 1
Status Change Info
Sold Date: 2019-05-31
Sold Price: $5,000,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Bay Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Vehicle Storage: Garage; Auto Door Opener; Covered Parking; Guest Parking; Off Street Parking; RV Parking Open; Trailer Storage
Furnished: Unfurnished
Cooling: Ceiling Fans(s); Central Air
Utilities: Buyer to Verify; Cable Available; Cistern; FKAA; Municipal Sewer; Propane
Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Elevator; Storage; Walk-in Closet(s)
Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer
Exterior Features: Fruit Tree(s); Lighting; Outdoor Shower; Shed; Sprinkler System; Storage
Pool Info: In Ground; Concrete; Decked
Construction: CBS
Shutters: Other
Floor: Carpet; Tile; Other
Roof: Concrete Roof
Pets: Pets Allowed
Security: Electric Gate
Land Size: 5 Less Than 10 Acres
Terms: Buyer Obtain Finance
Title: Title Ins - Buyer
Supplements
Enjoy the open-water views from the large open patio, balcony or screened-in outdoor living room, with 5th bath that features a large, enclosed outdoor shower. Meandering through this Estate is reminiscent of days gone by, and energizing relative to today's Islamorada lifestyle. There is plenty of room to build a guest house and caretaker's cottage, which is allowed for this zoning (minimum of 4 acres required). Enjoy fruit from trees on property, such as Avocado, Mango, Key Lime, Tangelo & Calamondin. 7.69 Acres includes baybottom. The Russell Estate was the first and only land grant given to a woman, in the United States, in 1884. Richard and Mary Ann Russell settled with their children, in Islamorada, between 1854 and 1856. They applied for a land grant in both names, but Richard died before the land was granted. Therefore, the land was granted to Mary Ann Russell in 1882.

Listing Office: American Caribbean Real Estate, Christie's International Real Estate

Last Updated: September - 03 - 2024

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