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79901 Overseas Highway , #516

Upper Matecumbe Key Islamorada, FL 33036
  • $1,450,000
  • STATUS: Closed
  • ON SITE: 259 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
  • $0
    $/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 Saltwater Real Estate Florida Keys Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.saltwaterkeys.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: 259 Days
  • Updated: 40 min ago
  • MLS #: 616222
3
Beds
2
Baths
0
½ Baths
N/A
Acres
1,484
SQFT
$0
$/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

Architectural Style [] Attached Garage YN No Building Stories 5 Stories Construction Materials CBSConcrete Dockage Boat RampNone Exterior Features Chickee HutGazeboHot TubOutdoor Shower Floor Number 5 Parking Features [] Patio And Porch Features Open Porch/Balcony Pool Features In GroundConcreteDecked Pool Heated Yes Pool Private YN Yes Roof Concrete Roof Shutters Accordion Vehicle Storage Assigned ParkingGuest ParkingOff Street Parking View [] Waterview Ocean ViewOpen Water View Window Features [] Windows Doors Other Windows/DoorsImpact Rstnce WindowImpact Rstnce Doors

Interior Features

Accessibility Features [] Appliances WasherDryerDishwasherRefrigeratorRangeOvenMicrowaveStainless Steel Appliance(s) Cooling Central AirCeiling Fans(s) Cooling YN Yes Flooring Tile Furnished Furnished Heating Electric Heating YN True Interior Drapes/Blinds InclSplit BedroomGranite Counter TopStorageWalk-in Closet(s) Interior Features Granite Counter TopStorageWalk-in Closet(s) Laundry Features [] Levels [] Rooms Total 0

Property Features

Above Flood Yes Association Fee 1124 Association Fee Frequency Monthly Association Fee Includes Cable TVSewerExterminatingWaterBldg Exterior MntBuilding InsuranceCommon Area MntSecurity Association YN Yes Association1st Right Of Refusal No Building Features [] Community Features ClubhouseManager on PremisesFire HydrantSpaBike Paths Control Depth 1 Deed Restricts Unknown Electric Cat 5 Flood Zone VEAE Frontage Type [] Green Energy Generation [] Green Water Conservation [] Handicap Access Yes Land Size 2 Less Than 5 Acres Listing Terms CashConventional Marathon Nbhd N/A Mile Marker 80 Min Rental Days 28 New Construction YN No Off Shore Island YN No Other Equipment [] Other Structures [] Pets Allowed Yes Pets WRestrictions 1 pet 20 lbs. Pre Wired Cat 5 Property Condition Updated/Remodeled Property Sub Type Condominium Public Sewer Hookup Yes Rental Allowed Yes Security Features Electric Gate Special Licenses [] Tax Annual Amount 8784.04 Tax Legal Description UNIT 516 THE PALMS OF ISLAMORADA A CONDOMINIUM (see deed) Tax Year 2024 Title Title Ins - Buyer Utilities Elect Separate MeterCable Available Utilities Info FKAAMunicipal SewerElect Separate MeterCable Available Water Source [] Waterfrnt Yes Waterfront OceanfrontOpen Water Waterfront Features [] Waterfront YN Yes 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 Saltwater Real Estate Florida Keys Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Key West FL, 33040