316 N Dr

Islamorada, FL 33036

$2,400,000

3Beds

3.5Baths

—Sq ft

1989Year built

Single-family homeType

About this home

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.

Features

Waterfront

Property details

Listing

MLS #: A11861732
Status: For sale
Listed on: Aug 20, 2025
Days on market: 354 days
Listing data updated: Jul 2, 2026

Interior

Beds: 3
Baths: 3.5

Building & community

Type: Single-family home
Year built: 1989
HOA fee: $52/mo
County: Monroe

Lot & exterior

Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $12,136
Property taxes (est.): $2,200
Home insurance (est.): $600
Flood insurance (est.): —
HOA fee: $52

Estimated total$14,988*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?