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What is the most expensive private island in the Florida Keys?


What is the most expensive private island in the Florida Keys?

The Florida Keys are home to some of the most stunning and exclusive private islands in the world. These secluded paradises offer the ultimate luxury and privacy, attracting billionaires, celebrities, and high-profile individuals. Among the elite private islands in the Florida Keys, the most expensive one is undoubtedly Pumpkin Key.

Pumpkin Key is a remarkable 26-acre island located in the Florida Keys’ upper region, approximately 10 minutes away from downtown Key Largo. This exceptional island offers breathtaking views of the azure waters and is surrounded by lush tropical landscapes. Owning Pumpkin Key means having access to a wide range of amenities, including a private deep-water marina, a tennis court, a helipad, and a 20-slip marina that can accommodate large yachts.

Apart from its natural beauty and extensive amenities, Pumpkin Key features a stunning main house with three bedrooms, three bathrooms, and expansive living areas designed for relaxation and entertainment. The house boasts floor-to-ceiling windows that provide panoramic views of the surrounding ocean and lush greenery. Additionally, there are two caretaker’s cottages and a dockmaster’s apartment, ensuring the security and convenience of the island.

The price tag attached to Pumpkin Key is an astounding $95 million, making it the most expensive private island in the Florida Keys. This exclusive piece of paradise epitomizes luxury and offers a once-in-a-lifetime opportunity to experience the ultimate in island living.

FAQs about the most expensive private island in the Florida Keys

1. How does Pumpkin Key compare to other private islands in the Florida Keys?

Pumpkin Key stands out among other private islands in the Florida Keys due to its exceptional size, amenities, and luxurious accommodations. With 26 acres of land, it offers generous space for various activities, making it ideal for those seeking ample privacy and exclusivity. The island’s extensive amenities, including a marina and tennis court, further enhance its appeal.

2. Is Pumpkin Key accessible by boat?

Yes, Pumpkin Key is accessible by boat, and it features a private deep-water marina with 20 slips that can accommodate large vessels. Its convenient location in the upper region of the Florida Keys allows for easy access to downtown Key Largo and other nearby areas.

3. Are there any other notable properties on Pumpkin Key?

In addition to the main house on Pumpkin Key, there are also two caretaker’s cottages and a dockmaster’s apartment. These additional properties ensure the island’s security and provide space for staff members to reside, adding to the overall convenience and functionality of the island.

4. Can the main house on Pumpkin Key be customized?

Yes, the main house on Pumpkin Key offers an opportunity for customization. Buyers have the option to personalize the living spaces according to their preferences, allowing them to create a unique and personalized oasis on this exclusive island.

5. Are there any restrictions on owning a private island in the Florida Keys?

While owning a private island in the Florida Keys offers unparalleled luxury and privacy, there are certain regulations and restrictions to be aware of. These may include environmental regulations, building restrictions, and permits required for any construction or modifications on the island. It is essential to consult with legal and environmental experts before purchasing a private island to ensure compliance with all regulations.

6. Can Pumpkin Key accommodate large gatherings or events?

Yes, with its expansive living areas and exceptional amenities, Pumpkin Key is perfectly suited for hosting large gatherings or events. The island’s impressive main house provides ample space for entertaining guests, and the presence of a deep-water marina allows for easy access by yacht or boat.

7. Is Pumpkin Key a popular destination among celebrities?

Yes, Pumpkin Key is a sought-after destination among celebrities and high-profile individuals seeking utmost privacy and luxury. Its exclusivity and stunning natural beauty make it an ideal retreat for those who value discretion and tranquility.

8. Are there any notable features or attractions near Pumpkin Key?

Pumpkin Key is located in close proximity to various attractions and popular destinations in the Florida Keys. Key Largo, known for its vibrant marine life and diving opportunities, is just a short distance away.

9. Can Pumpkin Key be rented for a vacation?

As one of the most expensive private islands in the Florida Keys, Pumpkin Key is primarily available for purchase rather than rental. However, it is advisable to contact real estate agents or luxury rental agencies to inquire about any potential short-term rental opportunities.

10. Are there any additional costs associated with owning Pumpkin Key?

Apart from the initial purchase price, owning Pumpkin Key entails additional costs such as property taxes, maintenance fees, and staffing expenses. These costs should be carefully considered before purchasing a private island.

11. Can non-residents of the United States own Pumpkin Key?

Yes, non-residents of the United States can own private islands like Pumpkin Key. However, it is important to consult with legal experts familiar with international real estate regulations to ensure compliance with all relevant laws and procedures.

12. Can Pumpkin Key be considered a good real estate investment?

Private islands, including Pumpkin Key, can offer unique investment opportunities. However, the real estate market can be unpredictable, and the value of private islands may fluctuate. It is recommended to do thorough research and consult with real estate experts before making any investment decisions.

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