Pumpkin Key, a private island in the Florida Keys - part of the exclusive Ocean Reef community and less than an hour from Miami – has been placed on the market for $110 million, announced Russell Post, chief executive of Russell Post Sotheby’s International Realty, Ocean Reef’s leading residential real estate firm.

Pumpkin Key offers a unique mix of seclusion, splendour 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 favoured 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 ten-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 Post.

“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.”