Record-Breaking $23M Sale of “Palm Harbor” an Oceanfront Estate in Islamorada

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1682965074Islamorada, FL USA - American Caribbean Real Estate, the exclusive Christie’s International Real Estate Affiliate in the Florida Keys, is proud to announce the record-breaking sale of Palm Harbor, an exquisite oceanfront estate located in Islamorada. Palm Harbor was listed with Kelly K. Shaw and Trent M. P. Shaw, a Mother/Son Real Estate Team, with American Caribbean. This sale marks a historic milestone, with a record sales price of $23 million. But, this is not the first time this property has broken records. Palm Harbor also broke the record for highest sale in 2015, with the buyers represented by Kelly K. Shaw and Trent M. P. Shaw as well.1682965135     

Palm Harbor is an absolute oasis that offers unparalleled luxury and breathtaking views of the ocean. This is an incomparable estate, which would have inspired Hemingway beyond imagination. The Main house encompasses over 7,500 sq ft of living space boasting, 4-bedrooms, 4-baths, 2-half baths, a custom tackle room, lofted card/game room, crow’s nest, outdoor living space, and covered parking. The guest house offered 2 bedrooms, 2 baths, 2-garage bays, a caretaker’s office, and storage.   

One of the most captivating features of Palm Harbor is its natural 150-foot sandy beach and private peninsula, all overlooking incredible vistas. The harbor is a true marvel for avid boaters, divers, and fishermen, with its extensive 500’ of dockage. On any given day, you can see tarpon rolling and manatee frolicking.  Additional amenities feature a secluded pool and an expansive pool deck with summer kitchen and outdoor shower, perfect for a leisurely day of relaxation or entertaining guests.1682965184   

“Life at Palm Harbor was a once-in-a-lifetime experience. The property was designed and crafted with love and care, and we like to think we carried on that tradition when updating,” said Sheri and Tim Murray, the sellers of Palm Harbor. “There are literally dozens of nooks & crannies just waiting to be discovered and enjoyed, both inside and out.  With the beach, dock, and boat basin, there is always something beautiful to catch your eye.  Majestic birds & playful manatees call Palm Harbor home, and we feel so fortunate that we were able to call it home too for the last 8 years,” they continued.  

“Palm Harbor is truly a one-of-a-kind home in the Florida Keys, and we are thrilled to have represented this exceptional property,” said Kelly K. Shaw, broker associate with American Caribbean Real Estate. “This is the second time we have sold Palm Harbor, and both times, we were able to realize record-breaking prices for our area. One just needs to preview the listing to know why. It was an honor and a pleasure to represent such a unique and truly spectacular property.”  

Trent Shaw added “Palm Harbor is one of the finest estates in the Florida Keys. The sale of Palm Harbor highlights our extraordinary waterfront community, in the Florida Keys, and the continued appeal of this world-class destination, also known as The Fishing Capital of The World.”1682965255  

Palm Harbor is a property that offers an unrivaled lifestyle in the heart of Islamorada, known as the “Village of Islands.” With its crystal-clear waters and vibrant marine life, Islamorada is a haven for boaters, divers, and fishing enthusiasts, making it a highly sought-after destination for those seeking the ultimate tropical retreat.  

“Congratulations to Kelly and Trent Shaw, an exceptional luxury team, on the sale of this incredible property for the second time,” said Joy C. Martin, Broker/Owner of American Caribbean, Christie’s International Real Estate. “The sale of this extraordinary oceanfront estate demonstrates the demand for luxury, privacy, and dockage in the Florida Keys.”  

According to the Florida Keys MLS in 2022 there were 5 sales over $10 million with the highest being $16.5 million. Now, with the sale of Palm Harbor at $23 million, this solidifies the Florida Keys as a trophy home destination.   

American Caribbean, Christie’s International Real Estate is a luxury leader in the local real estate market, with a team of experienced professionals and an extensive portfolio.  With over 30 years of experience, American Caribbean is a leading real estate brokerage in the Florida Keys, known for its exceptional service, unparalleled market expertise, and commitment to delivering unmatched results for their clients.  

Photos and Captions

Full Property Video - https://vimeo.com/686968190

Detailed Website - https://www.palmharborestate.com/

Additional Photos - https://www.dropbox.com/scl/fo/c6dtjuqowwxs6gfylc19y/h?dl=0&rlkey=08nkwlfazckb5qumv7k9xcjun