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79901 Overseas Highway , #516

Upper Matecumbe Key Islamorada, FL 33036
  • $1,450,000
  • STATUS: Closed
  • ON SITE: 197 Days
  • MLS #: 616222
Sold - 01/15/2026
$1,450,000
SOLD - 01/15/2026
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,484
    SQFT
  • $977
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1976
County:

School Ratings & Info

Description

Stunning and Expansive Open Ocean Views and views of Alligator Lighthouse from almost every room! This one-of-a-kind beautifully updated condo at The Palms is an absolute must see for THE MOST spectacular open ocean views in Islamorada! Top floor penthouses are rarely on the market, and this fully updated 3 bedroom/ 2 bathroom was renovated down to the studs with new plumbing, wiring and electric. It was also completely re-imagined to create an elegant split bedroom floor plan that creates a much more private primary suite with spectacular ocean views. The view from this condo is so remarkable that it was even tapped to shoot a scene in the Bloodline TV series that was filmed in the Florida Keys! In addition to constructing an all new open kitchen with open ocean views and high-end appliances, the renovation also added additional cabinet storage and space for an in-unit laundry. The penthouse has impact windows and sliding glass doors plus accordian shutters on the porch to keep your porch furniture safe and out of the weather when you're away. There's also an ocean view community pool, hot tub, men's and women's gyms, kayak storage and launch, a community room and a dedicated parking spot plus additional guest parking. The Palms of Islamorada is also just steps away from the famous Lazy Days and Papa Joe's restaurants and Bud N' Mary's Marina. This one-of-a-kind penthouse will not last... call today!

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keyshomenetwork.com/homes/167214548
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79901 Overseas Highway , #516 Upper Matecumbe Key Islamorada, FL 33036

  • Price: $1,500,000
  • Status: Closed
  • On Site: 197 Days
  • Updated: 76 min ago
  • MLS #: 616222
3
Beds
2
Baths
0
½ Baths
N/A
Acres
1,484
SQFT
$977
$/SQFT
1976
Built
Neighborhood:
Palms Of Isla (80.0)
County:
Monroe
Area:
23 - Upper Matecumbe
Property Description
Stunning and Expansive Open Ocean Views and views of Alligator Lighthouse from almost every room! This one-of-a-kind beautifully updated condo at The Palms is an absolute must see for THE MOST spectacular open ocean views in Islamorada! Top floor penthouses are rarely on the market, and this fully updated 3 bedroom/ 2 bathroom was renovated down to the studs with new plumbing, wiring and electric. It was also completely re-imagined to create an elegant split bedroom floor plan that creates a much more private primary suite with spectacular ocean views. The view from this condo is so remarkable that it was even tapped to shoot a scene in the Bloodline TV series that was filmed in the Florida Keys! In addition to constructing an all new open kitchen with open ocean views and high-end appliances, the renovation also added additional cabinet storage and space for an in-unit laundry. The penthouse has impact windows and sliding glass doors plus accordian shutters on the porch to keep your porch furniture safe and out of the weather when you're away. There's also an ocean view community pool, hot tub, men's and women's gyms, kayak storage and launch, a community room and a dedicated parking spot plus additional guest parking. The Palms of Islamorada is also just steps away from the famous Lazy Days and Papa Joe's restaurants and Bud N' Mary's Marina. This one-of-a-kind penthouse will not last... call today!
Exterior Features

Above Flood Yes Construction CBSConcrete Dockage Boat RampNone Exterior Features Chickee HutOutdoor ShowerHot TubGazebo Floor Number 5.00 Land Size 2 Less Than 5 Acres Pool Info In GroundDeckedConcrete Pool Info Heated Yes Pool YN Yes Porch Balcony Open Porch/Balcony Roof Concrete Roof Shutters Accordion Side Ocean Stories 5 Stories Style Condo Vehicle Storage Assigned ParkingOff Street ParkingGuest Parking Waterfront OceanfrontOpen Water Waterfront YN Yes Waterview Ocean ViewOpen Water View

Interior Features

Appliances WasherStainless Steel Appliance(s)MicrowaveOvenRangeRefrigeratorDishwasherDryer Cooling Heating Central AirCeiling Fans(s) Floor Tile Furnished Furnished Interior Features Drapes/Blinds InclGranite Counter TopWalk-in Closet(s)StorageSplit Bedroom Pre Wired Cat 5 Windows Doors Other Windows/DoorsImpact Rstnce WindowImpact Rstnce Doors

Property Features

Assoc Fee 1124.00 Assoc Hoa YN Yes Assoc Maint Fee Per Monthly Assoc Right Of Refusal No City ISLAMORADA Condition Updated/Remodeled Condo Unit Complex Unit Control Depth 1 Deed Restrictions Unknown Fee Includes CableSecurityCommon Area MntBuilding InsuranceBldg Exterior MntWaterExterminatingSewer Flood Zone VEAE Handicap Access Yes Listing Board Florida Keys Mile Marker 80.00 Min Rental Days 28.00 Neighborhood Features Community PoolBike PathsSpaFire HydrantManager on PremisesClubhouse Off Shore Island No Pets Pets Allowed Pets With Restrictions 1 pet 20 lbs. Public Sewer Hookup Yes Rentals Allowed Yes Security Electric Gate Species List No Sq Ft Source Tax Records Tax Exemptions None Tax Year 2024 Taxes 8784.04 Terms CashConventional Title Title Ins - Buyer Utilities FKAAElect Separate MeterCable AvailableMunicipal Sewer Zoning MF - Multi-Family Attached

Listing courtesy of Brett Newman of Coldwell Banker Schmitt Islamorada: (305) 664-4470.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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