Islamorada · Florida Keys
Parmelee Key
A private island vision on Lower Matecumbe Key.
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01 The vision
One of the last
of its kind
On Lower Matecumbe Key, in the heart of Islamorada, Parmelee Key is envisioned as one of the last private island estate communities in the Florida Keys. A low-density collection of waterfront homesites, set behind a protected community waterway.
The vision pairs a small number of large, private estates with a shared amenity island. The privacy of a family compound with the service of a club, on land that simply does not come to market in the Keys anymore.
The development
From key
to community
The key as it stands today, and the estate community envisioned for it: nine family compounds around a lagoon, with a club at its centre.
02 At the center
The amenity
island
A shared island is envisioned for the hours spent outside the compound.
Walk-through
Inside a concept residence
03 Private concept study
Nine family compounds.
One real setting.
A private concept study of nine homesites. Each is imagined as a main residence with a linked guest wing, eight suites, and a principal view toward the bay.
- Faces
- Program
- 15,000 sf design target: main residence, linked guest wing, eight suites
04 The opportunity
A key that cannot
be repeated
1
One allocation, all of 2025
The state caps Islamorada at 22 market-rate building allocations a year. The Village set one for all of 2025 and has paused new applications since 2023.
Fla. Admin. Code 28-19.310 · Village Res. 24-11-131
In Islamorada the right to build a new home is rationed by the state. Parmelee Key is presented with its homesites platted and its development rights already recorded on the island.
Entitlement information is drawn from recorded public documents and current Village ordinances and should be independently verified with the Village of Islamorada. Nothing on this page is a projection of value.
The video
Parmelee Key
from the air
05 Gallery
The island
in pictures
The key as it is today, the vision for it, and the nine concept residences, room by room.
06 Panoramas
Drag to look around · Select a point to move
Drag to move · Scroll to zoom · Ctrl + drag to tilt · Select a point to step inside
07 The site
Lower Matecumbe Key,
Islamorada
A recorded key in the Village of Islamorada, between open bay and the Atlantic.
- Address
- Parmelee Key, Lower Matecumbe Key, Village of Islamorada, Monroe County, Florida
- Water
- Open bay to the north; the Atlantic by way of Hawk Channel to the south
- Access
- Near mile marker 75 of the Overseas Highway, on the bay side
- Record
- Plat Book 7, Page 88, Monroe County Records. Approximately 57 platted acres across 25 parcels of record
08 Inquire
A private
conversation
Parmelee Key is presented by Camilo Lopez. Inquiries are handled privately.

Camilo Lopez

Annie Lopez