Plantation Bay Estate
“2010 Tax Extenders Act” and Details of the Property
This private residential tract of land is one of the largest and most valuable in the Upper Keys for its location, allowing horses and additional buildings.

And now with the provisions of the “2010 Tax Extenders Act” the land owner would be able to reduce their Adjusted Gross Income, by up to 50% with a 15 year carry forward by creating a conservation easement on the front parcel. 

There is a substantial tax advantage for the top earners of up to $5 million dollars because of this property’s high hammock qualification to the Florida Keys Land Trust.

Are you looking for that water-front dream home with breathtaking open water vistas, in a great location and community?  

Announcing Plantation Bay Estate , a perfect family home located on prestigious Plantation Key, in the village of Islamorada ..

Don’t miss this opportunity to own a true one-of-a-kind bayfront property, located in the upper Florida keys, bordering the Everglades national park on one side and the Atlantic Ocean, the Gulf Stream and the largest  coral reef system in  the U.S., on the other. There is no other place in the country where you can see so many species of marine life in one place and it’s all surrounded by rich natural beauty !

This unique 5.6 acre “jungle nature paradise” fronts on the Overseas  Highway and extends down to the bay with crystal clear water. Platted as 2 parcels, this hi-hammock gives way to a deep-water boat basin with a marina setting and docks for 7 boats,  all seemingly right out of the movie “Flipper”.

This gem of an estate property offers casual living at its finest located in the Fishing Capital of the World, featuring fly-fishing in the gulfs’ flat-water or deep-sea sport-fishing off-shore.  all only minuets away from your dock.
Historic Islamorada and the surrounding communities comprise 6500 residents and is chock full of gourmet water-front restaurants, boutiques, galleries & shopping , a new hospital, award winning schools, museums, parks and cultural events year round.

The Florida Keys are truly a paradise located in the U.S. and it’s one of the sunniest and warmest places with a near perfect climate for its tropical breezes. No wonder Real estate is big business in the Florida Keys.

This water-front estate is “Casual Living, with spectacular views”!   It is perfectly placed, 10 ft above sea level, built into a natural solid coral bluff within the hi hammock canopy for shade.   It is  a comfortable  3 story, 4 bedroom 5 bath home with porches  and remarkable views from all floors .

All a “dream home” for entertaining,  surrounded by nature, only 100 ft. from Florida Bay 

Step into the ultimate marina with an original deep water protected basin, with multiple docks Enjoy easy access to the crystal clear waters from the boat ramp, 2 sets of davits, the inner basins or the outer slips, for vessels up to 60 feet.






                    
           Conservation Easement Consultants, LLC
        Estimated Easement Valuation Estimates
                                                June 15, 2010

Client Name:Alina Davis

Address:220 Plantation Blvd

City:Plantation Key, FL

County:Monroe, Fl.

Total acres in the tract     5.6

Acres to be included in the easement     3.650

Value per acre ESTIMATED1,500,000

Easement value - ESTIMATED  5,475,000

Estimated Federal Tax rate     35.0%

Estimated State tax rate         0.0%

Combined rate                      35.0%

Estimated tax savings       1,916,250


Conservation Easement production cost   150,000

NET AFTER TAX SAVINGS1,766,250