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316 N Dr, Islamorada FL 33036

House For Sale
$2,500,000

BTC: 40.71661238

ETH: 1,431.84421535

-$400K (2026/04/27)
290 days
Waterfront
3 bds
3 ba

Overview

Simply the best location, exclusive & extremely private. It's tucked away in the prestigious "Plantation Lake Estates," a highly sought-after gated community with an on-site boat ramp and park. This Coastal-Styled Beach Home is in a prime location at Mile Marker 87, across the street from Founders Park, which has a beach, tennis courts, a full-service marina, a dog park, sports fields, and Olympic-size lap pools. This home boasts a stunning great room with a gorgeous coral fireplace and soaring wood beam ceilings. They all overlook the glistening Atlantic Ocean, providing priceless views and sunrises. The home has a modern kitchen and updated baths, as well as impact windows and doors. The exterior has been reinforced with rebar and stucco. There are three inviting bedrooms, including a third-floor primary en-suite with a private porch.

Location

Details

Type:
Residential
Parking:
None
Year Built:
1989
Lot:
No Data
Heating:
Central
Price/sqft:
No Data
Cooling:
Central Air
HOA:
$625

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,592,000
$817K – $4.4M
Confidence Low
List vs. estimate
$908K above estimate
List $2,500,000 · +57.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$21,478
2024
HOA
$625/yr
View
Ocean, Direct Ocean
Waterfront
WF/Ocean Access, Ocean Front
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • French Doors

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    • Recreation Room

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • None

    Property

    • Exterior Features: Lighting

    Other Property Information

    • Parcel Number: 00093420000900

    • Zoning: Residential

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • HOA: $625

    • HOA Frequency: Annually

    • Annual tax amount: $21,478

  • Source details

    • MLS ID: A11861732

    Other facts

    • Construction Materials: Other

    • Fireplace Features: Fireplace

    • Laundry Features: Utility Room/Laundry

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Window Features: Clear Impact Glass / Blinds / Impact Glass

    • Direction Faces: West

    • Architectural Style: Detached / Multi Level

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Source: Municipal Water

    • Subdivision Name: Plantation Lake Estates

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX Advance Realty II