CENTURY 21 Edge
$22,500,0007 bd8 ba$131,113 /mo all-in ↓

, ISLAMORADA, FL, 33036

Active165 days on marketListed Feb 6, 2026MLS #A11962802

New constructionWaterfrontSingle Family ResidenceUpper Matecumbe

About this home

Introducing Isla House. A truly exceptional waterfront estate in the heart of downtown Islamorada, which exemplifies the serene beauty and elegance of Keys living. Set on a 5.82 acre double lot, Isla House overlooks 500+ feet of pristine Florida Bay waterfront. New custom construction melds traditional Caribbean architecture with clean modern aesthetics. The over 8,800 square feet of air conditioned living space is thoughtfully designed with bright open interiors which blend sophistication and comfort while framing breathtaking views of Florida Bay. You enter a sunlit two-story foyer leading you upstairs to a bespoke great room, encapsulating a dramatic vaulted wood ceiling, spacious living area, and a custom gourmet chef's kitchen. Floor to ceiling glass doors frame an unobstructed view of the spacious bay-view terrace, which features a 50 foot elevated infinity edge swimming pool and outdoor kitchen with bar. On the upstairs level you will also find a serene primary suite, five generous en-suite guest bedrooms, a powder room, and a large laundry room. The lower level offers a separate one bed en-suite with its own entrance and patio. A Media room with adjoining bathroom is the ideal flex space. A 1,600 square foot three car garage and a carport area completes the lower level. All told, there is nearly 25,000 square feet under roof cover. The estate's tropical grounds are designed to complement the home's architecture.

Facts & features

The home at a glance

7

Bedrooms

8

Bathrooms

3

Garage

2026

Year built

WaterfrontBay & Water view

Inside

FlooringTile
InteriorFirst Floor Entry · Second Floor Entry · Elevator · Walk-In Closet(s) · Maid/In-Law Quarters · Media Room · Utility Room/Laundry
LaundryUtility Room/Laundry
CoolingCentral Air
HeatingOther

Outside & construction

RoofMetal Roof
ConstructionConcrete Block Construction · CBS Construction
ViewBay · Water
FacesWest
ParkingAdditional Spaces Available · Covered · Driveway
ExteriorOpen Balcony

Community & fees

Taxes (2025)$13,278/yr
CommunityNone

Utilities & systems

WaterMunicipal Water

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$131,113 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$121,409
PMI (est., until 20% equity)$8,438
Property tax — 2025 actual bill$1,107
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $2,250,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $2,250,000
Interest rate6.00%
Loan term

Estimated payment

$131,113/mo

Principal & interest$121,409
PMI (est., until 20% equity)$8,438
Property taxes (actual bill)$1,107
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside ISLAMORADA 33036

Map of

ISLAMORADA 33036 — neighborhood snapshot

Population

3,632

Median age

56.1

Median income

$88,214

Median home value

$995,600

Avg household

2.17

Households w/ children

235

For the school run

Monroe County School District

HighCoral Shores High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The ISLAMORADA 33036 market

This home is listed 1493% above the ISLAMORADA 33036 median.

Paper trail

This home's history

Feb 6, 2026Listed at $22,500,000 · 165 days on market since
2026Built · Upper Matecumbe

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Lacie Springstead

Your agent

Lacie Springstead

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for — before you fall in love.

See it in person

Schedule a tour

Live availability from Lacie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

FAQs

What would the monthly payment be for ?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $131,113/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on ?+

The most recent tax bill on record (2025) was $13,278. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in ISLAMORADA 33036?+

At $22,500,000, this home is listed about 1493% above the ISLAMORADA 33036 median of $1,412,500. The market section on this page shows how the area is trending.

Which schools are assigned to ?+

Coral Shores High School (high) — Monroe County School District. Always verify school assignments with the district before relying on them.

Listing courtesy of American Caribbean Real Estate · Joy Martin. MLS #A11962802.

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. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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