KEY LARGO, Fla.--(BUSINESS WIRE)--Pumpkin Key, a private island in the Florida Keys — part of the exclusive Ocean Reef community and less than an hour from Miami — was today placed on the market for $110 million, announced Russell Post, CEO of Russell Post Sotheby’s International Realty, Ocean Reef’s leading residential real estate firm.
Pumpkin Key offers a unique mix of seclusion, splendor and convenience. It is part of one of the nation’s most prestigious club communities, Ocean Reef — members of which include a roster of “who’s who of American business” and favored for its fairways, mega yacht marinas and lighted 4,456-foot airport runway capable of accommodating large and mid-size business jets.
The 26-acre haven, dotted with palms and bougainvillea and lined with winding golf cart paths, is a literal “club within a club.” The island serves as an ideal family compound or could be developed to include 12 bay front homes owned by several families. All building rights are in place and each lot has water, electric, and telephone extended from shore. Valued by those seeking privacy and security, access to all the amenities of Ocean Reef, and who also appreciate the convenience of being able to make a 10-minute helicopter jaunt to Miami's bustling South Beach.
The main home is orientated due west facing the sunset and features a spectacular one-story estate with swimming pool. The Island includes two caretaker's cottages, a boat captain’s apartment, private office, and 12 one and one-half-acre bay front lots. Complete with its own 20-slip marina and able to accommodate a mega-yacht, the island’s amenities additionally include a beach area and tennis courts that double as a helipad. A single-family residence and garage with dockage and water access is included on shore within the Ocean Reef community.
“Pumpkin Key represents one of the most exceptional opportunities in real estate today, anywhere in the world,” said Russell Post, Founder and President of Russell Post Sotheby’s International Realty. “From creating a family compound or a private ‘club-within-a-club’ within Ocean Reef, the possibilities are endless. Pumpkin Key offers the unique opportunity for privacy, while still being part of the Ocean Reef community, and just a quick ten minute helicopter ride or fifty minute boat trip to Miami.”
Buyers of Pumpkin Key will enjoy the best of a private club community and private island living. Nestled among 2,500 secluded, tropical acres on the northernmost tip of Key Largo in the Florida Keys, Ocean Reef is located within an hour from Miami International Airport. Amenities include an oceanfront Inn; full-service spa and salon; array of dining and shopping options; a world-class 175-slip marina; access to Ocean and flats fishing; two championship golf courses; tennis and lawn sports; an art league; and a cultural center. The Club is also equipped with a fully staffed Medical Center, gourmet grocery store, veterinary care and The Academy, an independent K-8th grade school.
Russell Post Sotheby’s International Realty is Ocean Reef’s leading residential real estate firm with a history of unparalleled success spanning 20 years. As Ocean Reef’s market leader, Russell Post Sotheby’s International Realty accounts for more than 70 percent of all real estate sales in the area.
About Russell Post Sotheby’s International Realty
Located at the northern tip of Key Largo in the Florida Keys, is the exclusive community of Ocean Reef. Russell Post Sotheby's International Realty is Ocean Reef's leading residential real estate firm with a history of unparalleled success spanning more than 20 years. Combined with the remarkable contributions of an extremely professional sales team and tremendous global exposure of a Sotheby's International Realty Affiliate, Russell Post Sotheby's International Realty continually provides the highest level of service to their clients. At the heart of the firm's success is their unwavering commitment to their clients, their families and the Ocean Reef community.
About Sotheby's International Realty Affiliates, Inc.
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com.