Parmelee Key

Islamorada · Florida Keys

Parmelee Key
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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.

~57Platted acres
25Parcels of record
0.9–6.0Acre homesite range
9Family compound concepts
15,000Sq ft design target per residence
Presented in its entirety $300,000,000

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.

Clubhouse, concept view Resort pool, concept view Tennis and pickleball, concept view Short-game golf, concept view Pond and gardens, concept view
A low pavilion with a deep verandah, at the centre of the island.

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.

The house from above

Faces
Program
15,000 sf design target: main residence, linked guest wing, eight suites
Where it sits on the key
Parmelee Key today, from the air

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.

Request the documents

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

06   Panoramas

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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
Satellite map of Parmelee Key between the Bay of Florida and Hawk Channel The nine studied homesites outlined on satellite imagery, north up Recorded plat of Parmelee Key, Plat Book 7, Page 88

08   Inquire

A private
conversation

Parmelee Key is presented by Camilo Lopez. Inquiries are handled privately.

Camilo Lopez

Camilo Lopez

Presenting Parmelee Key

Annie Lopez

Annie Lopez

Annie Lopez Real Estate

Request an introduction

Inquiries are handled privately.