ACTIVE BUILDING PERMIT IN PLACE -- DIRECT OCEANFRONT & READY TO BUILD.This rare opportunity offers one of the largest vacant oceanfront parcels in the Upper Keys, spanning approximately 23,238 sq ft (plus bay bottom) and already equipped with an approved building permit and mangrove-height reduction permit. Step directly into building your custom oceanfront estate in one of Islamorada's most desirable locations. Dock application can be made to enhance the property even more. Uninterrupted Atlantic vistas stretch from east to southwest, delivering breathtaking sunrise views and sweeping ocean panoramas year-round. With direct ocean frontage and swift bay access via nearby Snake Creek, the location is ideal for boating and sport fishing in the heart of Florida Keys. Just a short stroll from the vibrant lifestyle of Islamorada, you'll enjoy easy access to dining, recreation, and the shallow-water beach, sand-volleyball courts, and family-friendly amenities at Founders Park. For owners or guests with boats, nearby slips, dry-dock facilities, and public ramps add convenience -- and there is also the potential for a long-boat dock or private observation deck, subject to permitting. This property also offers the flexibility for vacation-rental use, investment potential, or a serene private retreat. Please note: rendering media is conceptual; final construction will reflect the approved plans. Investors and new homeowners can revise the approved home design to suit your lifestyle in the fabulous Florida Keys.
Lot/land
Price cut: $25K (4/2)
$1,650,000
229 Coral Rd, Plantation Key, FL 33036
--beds
--baths
0.48Acres
Unimproved Land
Built in ----
0.48 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Direct oceanfrontDirect ocean frontageSweeping ocean panoramas year-roundBreathtaking sunrise views
- 144 days |
- 472 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Walters Luxury Group Gloria, Rachel and Michaela Walters 305-942-6834,
Ocean Sotheby's International Realty
Source: FLKMLS,MLS#: 617474
Originating MLS: Florida Keys
Facts & features
Property
Features
- Fencing: Fenced
- Has view: Yes
- View description: Water, Ocean
- Water view: Water,Ocean
- Waterfront features: Oceanfront, Open Water, Waterfront, Water Frontage, Dockage: None
Lot
- Size: 0.48 Acres
- Features: 1/4 - 1/2 Acre, Cleared
Details
- Parcel number: 00411410000000
- Zoning: R1
- Zoning description: Residential Single Family
Utilities & green energy
- Water: Water Meter
- Utilities for property: Water Connected, Other
Community & HOA
Community
- Features: Community Boat Ramp
- Security: Electric Gate, No Security
- Subdivision: Coral Shores (86.5)
HOA
- Has HOA: No
Location
- Region: Plantation Key
Financial & listing details
- Tax assessed value: $510,623
- Annual tax amount: $2,909
- Date on market: 11/26/2025
- Listing terms: Buyer Obtain Finance
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$3,878/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Price change | $1,650,000-1.5% |
Source: | ||
| 1/18/2026 | Price change | $1,675,000-0.6% |
Source: | ||
| 11/26/2025 | Listed for sale | $1,685,000 |
Source: | ||
| 11/3/2025 | Listing removed | $1,685,000 |
Source: | ||
| 9/11/2025 | Listed for sale | $1,685,000 |
Source: | ||
| 8/20/2025 | Listing removed | $1,685,000 |
Source: | ||
| 7/21/2025 | Price change | $1,685,000-5.1% |
Source: | ||
| 3/27/2025 | Listed for sale | $1,775,000-6.1% |
Source: | ||
| 3/20/2025 | Listing removed | $1,890,000 |
Source: | ||
| 9/14/2024 | Listed for sale | $1,890,000+452.6% |
Source: | ||
| 3/15/2022 | Sold | $342,000-24% |
Source: Public Record Report a problem | ||
| 10/1/2021 | Listing removed | -- |
Source: | ||
| 9/25/2020 | Listed for sale | $450,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,660 +25.8% | $360,788 +10% |
| 2024 | $2,910 +2.8% | $327,989 +5.2% |
| 2023 | $2,831 +172.3% | $311,830 +901.8% |
| 2022 | $1,040 -1.5% | $31,128 +10% |
| 2021 | $1,055 -0.2% | $28,298 +10% |
| 2020 | $1,057 | $25,725 -89.9% |
| 2019 | $1,057 +5.4% | $254,265 +13% |
| 2018 | $1,002 +12.2% | $225,021 |
| 2017 | $893 +1.9% | $225,021 +9.7% |
| 2016 | $876 +5.2% | $205,073 +430.4% |
| 2015 | $833 | $38,665 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 33036
Nearby schools
GreatSchools rating
- 10/10Plantation Key SchoolGrades: PK-8Distance: 3.1 mi
- 4/10Coral Shores High SchoolGrades: 9-12Distance: 3.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Monroe County
- Islamorada
- 33036
- 229 Coral Rd







