The 26 acre Pumpkin Key, within the exclusive confines of the Ocean Reef Club on the upper tip of Key Largo, has hit the market for a whopping $110 million. Mostly undeveloped, the Key comes with a main house, two cottages, a boat captain’s apartment, tennis courts that double as a helipad, a 20-slip marina capable of handling a superyacht, and a single family house located on shore in the Ocean Reef community with a garage and water access. The brokerbabble, however, emphasizes the island’s development potential, saying it’s “perfect for a family compound” or it “could be developed to include 12 bayfront homes owned by several families.” But then it wouldn’t be anyone’s own private island, would it.

http://miami.curbed.com/archives/2014/02/25/110-million-for-this-private-island-in-the-upper-keys.php