A thin strip of asphalt reaches out into the Atlantic Ocean south of Islamorada, and leads to an idyllic looking private island. Patti Stanley, a Coldwell Banker Schmitt real estate agent, is one of the few who’ve ever set foot there. She represented the former owner, who sold the nearly 16-acre lot for $10 million in December.
Amid a pandemic-fueled real estate boom in South Florida, real estate agents who’ve tapped into the niche private island and investment property market say they’re seeing unprecedented action.
“I’ve sold more real estate in the last year than I’ve ever done in my life,” she said, “and I’m 67 years old. I’ve been in the business for quite a while.”
