$709,000
$10K PRICE INCREASE

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

Estimated payment $5,252/month

Total Views 20,284
2 Beds
2 Baths
981 Sq Ft
$723 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

RARE KEYS LIFESTYLE OPPORTUNITYThis isn't just a condo--it's your front-row seat to paradise. Where most people come to escape, you'll wake up every morning to the turquoise Atlantic and iconic views of Alligator Reef Lighthouse. The shoreline isn't getting any bigger, and opportunities like this are becoming increasingly rare.Step into a fully curated 2 BR, 2 BA luxury residence--turnkey and waiting for you to write your next chapter. Every detail is designed for comfort and style: new Cambria quartz countertops, hand-carved teak dining table, Bosch washer and dryer, spa-like main suite with jetted tub, double vanities, and walk-in tiled shower. Relax on your private balcony with resort furnishings and sweeping ocean views--or walk down to the water and live the island rhythm.What sets this apart is not just the home, but the lifestyle ROI: Immediate enjoyment--all furnishings, decor, and essentials included. Stress-free ownership--hurricane-impact certified, milestone inspection passed, and covered parking. Extraordinary value--Seller will pay 4 months of HOA fees plus up to $5,000 toward buyer closing costs.Invest in more than property--invest in time, beauty, and a piece of the Florida Keys to share with family, friends, or future renters. Whether as a first-class vacation home, income opportunity, or your forever escape, this is the chance to own what so many only dream of.Let the sellers help you step into paradise. Schedule your private showing today, and claim your slice of Islamorada before it slips away.

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

  • Entry on the 4th floor
  • 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
08/16/2025 08/16/25 Price Changed $709,000 +1.4% $723 / Sq Ft
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

About the Listing Agent

Andrea (Andi) Saylor

Realty One Group Engage the Keys

(786) 807-9672

Section Image

Andrea (Andi)'s Other Listings

  • 79901 Overseas Hwy Unit 218, Islamorada, FL 33036

    $449,900

    • 1 Bed
    • 1.5 Baths
    • 827 Sq Ft
    • 79901 Overseas Hwy
    • Unit 218
    • Islamorada, FL

    This condominium apartment is located at The Palms of Islamorada, one of the area's premier condo complexes. This unit is one of the lowest priced 1 BR units at this complex to come on the market. Priced at $449,900 it features 1.5 bathrooms, and 827 sq. ft. of living space and has a monthly condo fee of $723. There have been numerous recent updates including; New stainless dishwasher,

    Andrea (Andi) Saylor Realty One Group Engage the Keys

    Section Image
  • 79901 Overseas Hwy Unit 404, Islamorada, FL 33036

    $590,000 Sold Sep 23, 2024

    • 2 Beds
    • 2 Baths
    • 981 Sq Ft
    • 79901 Overseas Hwy
    • Unit 404
    • Islamorada, FL

    New offering of a 2 bedroom/2 bath condo in an ocean front complex and priced under $600,000 in Islamorada! THE PALMS OF ISLAMORADA is one of the most desired and well-situated condo complexes in the heart of Islamorada. Conveniently located between Lazy Days Restaurant, Bud 'n Mary's Marina/Dive Center and Amara Cay Resort and the newly re-opened Papa Joe's Bar and Grill. Access to exceptional

    Andrea (Andi) Saylor Realty One Group Engage the Keys

Source: Florida Keys Board of REALTORS®

MLS Number: 614262

Florida Keys Board of REALTORS®

APN: 00096770-004700