$699,000

Palms of Islamorda 79901 Overseas Hwy Unit 403 Islamorada, FL 33036

Estimated payment $5,369/month

Total Views 12,507
2 Beds
2 Baths
981 Sq Ft
$713 Price per Sq Ft

Highlights

  • Ocean Front
  • Concrete Pool
  • Whirlpool Bathtub
  • Plantation Key School Rated A-
  • Clubhouse
  • 1-minute walk to Lignumvitae Key Botanical State Park

About This Home

LOVE AT FIRST SIGHT! This is an Unbelievable opportunity to own a TURN KEY unit at The Palms of Islamorada. Endless views of the Atlantic Ocean including Alligator Reef Lighthouse from the balcony or the over 200 feet of seawall. Unit comes completely furnished - ready to move in or rent. Conveniently located within walking distance to fine dining with sunset views, marinas and dive opportunities. All you need to settle into this exceptional unit are your personal items. Everything is done and ready for you. All furnishings, linens, kitchen essentials and artwork are included. There are two large bedrooms both with king size beds. The master suite features a full wall of built-in closets and drawers hidden behind attractive sliding cabinet style and mirrored doors. The ensuite bath is completely updated featuring a Jacuzzi jetted bathtub, large tiled stall shower, and a double vanity - your own PRIVATE spa! The 2nd bedroom area has a king bed, full closet, private updated bathroom and pocket door for a private experience for your guests. The kitchen has everything...updated cabinets in today's colors, new Cambria quartz countertop and all newer stainless-steel appliances. You will love having your own new Bosch stack front loading washer and dryer in the unit. The kitchen offers casual dining with 4 bar stools for casual dining at the counter and you'll love the hand carved teak dining table for more formal dining. The living room seating provides a cozy place to relax after a hard day of fishing and diving. The balcony overlooking the ocean presents endless views of the ocean and comfortable outdoor furnishings. Hurricane impact certified. Passed the Milestone inspection. Covered parking space. EVERYTHING is included!!''The Palms'' is one of the most sought-after condo complexes in the Islamorada area due to the unparalleled ocean views. There have been very few units for sale in the past several years. Now is your opportunity to own one!

Listing Agent

Andrea (Andi) Saylor

Realty One Group Engage the Keys License #3427827 Listed on: 03/18/2025

Realty One Group Engage the Keys

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,662

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • Fenced

HOA Fees

  • $1,119 Monthly HOA Fees

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 981 Sq Ft Home
  • 5-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Vinyl Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Covered Parking
  • Electric Gate
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Ramps

Pool

  • Concrete Pool
  • In Ground Pool
  • Spa
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Gazebo
  • Tiki or Chickee Hut
  • Attached Grill

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00096770-004700

Community Details

Overview

  • Association fees include cable, security, common area mnt, building insurance, bldg exterior mnt, water, exterminating, sewer
  • 84 Units
  • Palms Of Isla Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction: 1 Pet 20 lbs.

Security

  • Resident Manager or Management On Site
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,662

Year Built

Built in 1976 | Remodeled

Lot Details

0

HOA Fees

$1,119 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 1119.00
  • Mandatory HOA: Yes
  • Contingent: None
  • Control Depth: 1
  • Document Count: 5
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 80.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Spa, Fire Hydrant, Manager on Premises, Clubhouse
  • Off Shore Island: No
  • Pets W Restrictions: 1 Pet 20 lbs.
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 4662.22
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Covered Parking, Off Street Parking, Guest Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1976
  • Alternate Key Number: 1112895
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 5 Stories
  • Estimated Living Sq Ft: 981.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • G F Interior Features: Tankless Hot Wtr Htr
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Quartz Countertops, Window Treatments, Whirlpool Bath Tub, Elevator, Split Bedroom
  • Floor Number: 4.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Vinyl
  • Windows/Doors: Sliding Glass Doors, Aluminum Windows
  • Appliances Other: Electric outdoor gri
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed, Wheelchair Ramp

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Built-in Grill, Outdoor Shower, Lighting, Hot Tub, Gazebo, Fencing, Chickee Hut
  • Roof: Concrete Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Elect Separate Meter, Cable Available, Buyer to Verify, Municipal Sewer
  • Heating: Central, Electric

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: VE,AE,AE,VE,AE,AE,AE
  • Parcel Number: 00096770-004700
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 84.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,441 $540,928 -- $540,928
2023 $4,441 $527,533 $0 $527,533
2022 $3,925 $427,069 $0 $427,069
2021 $3,473 $360,093 $0 $360,093
2020 $3,248 $335,260 $0 $335,260
2019 $3,288 $332,567 $0 $332,567
2018 $3,789 $332,567 $0 $0
2017 $3,093 $308,519 $0 $0
2016 $3,252 $308,519 $0 $0
2015 $3,197 $266,846 $0 $0
2014 $3,179 $261,785 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 For Sale $699,000 +44.1% $713 / Sq Ft
05/17/2021 05/17/21 Sold $485,000 +2.1% $494 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $475,000 +14.5% $484 / Sq Ft
06/26/2019 06/26/19 Sold $415,000 -6.4% $423 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
09/10/2018 09/10/18 For Sale $443,390 +21.5% $452 / Sq Ft
06/10/2015 06/10/15 Sold $365,000 -8.3% $372 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $398,000 -- $406 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $485,000 The Title Station Inc
Warranty Deed $415,000 Dba Florida Title Of Keys
Warranty Deed $365,000 Attorney
Warranty Deed $115,000 --
Warranty Deed $53,900 --
Deed $60,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,000 New Conventional
Previous Owner $332,000 No Value Available
Previous Owner $332,000 Adjustable Rate Mortgage/ARM
Previous Owner $346,750 New Conventional
Previous Owner $200,000 New Conventional
Source: Public Records

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Source: Florida Keys Board of REALTORS®

MLS Number: 614262

Florida Keys Board of REALTORS®

APN: 00096770-004700