$2,500,000

81250 Overseas Hwy Unit 5 Islamorada, FL 33036

Estimated payment $17,531/month

Total Views 26,562
4 Beds
3 Baths
2,336 Sq Ft
$1,070 Price per Sq Ft

Highlights

  • Boat Dock
  • Beach
  • Property Fronts a Bay or Harbor
  • Plantation Key School Rated A-
  • Sandy Beach
  • 1-minute walk to Lignumvitae Key Botanical State Park

About This Home

Only sophistication and class represented in Islamorada's most exclusive development, Tarpon Flats. This rare offering has underwent a full high-end renovation to satisfy the most distinguished buyer. The elegant paver driveway leads up to pristine grounds showing off it's manicured landscaping. One of only 12 luxury bayfront homes on a sprawling four-acre parcel. The property exudes a unique charm blending Old Florida allure with the timeless essence of Nantucket. Covered parking and a versatile multi-purpose room on the ground floor with a foyer entry. On the second floor you will find an open living space with the kitchen & dining room overlooking the bay, 2 bedrooms/2 bathrooms, and serene positioning for nightly sunsets. The third floor is dedicated to the master suite and maid's quarters with more amazing views from the private balcony. If amenities are what you're after, Tarpon Flats delivers on all fronts: a beautiful tennis court with covered seating for spectators, a rare greenhouse to nurture your beloved plants, a waterfront pool & gazebo leading down to the beachfront, and plenty of dockage for your skiff. Come see the exclusivity of Tarpon Flats for yourself.

Listing Agent

AJ Vetter

Palm House Real Estate License #3296730 Listed on: 07/31/2025

Co-Listing Agent

Drew Moret

Palm House Real Estate License #3463076

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,920

Year Built

  • Built in 1985

Lot Details

  • 3.83 Acre Lot
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Property is zoned MF - Multi-Family Attached

HOA Fees

  • $2,683 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 2,336 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Blinds
  • Entrance Foyer
  • Workshop
  • Gulf Views
  • Impact Glass

Kitchen

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

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Electric Gate
  • Guest Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • First Come-First Served Dock
  • Tennis Courts
  • Balcony
  • Gazebo

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00404641-000500

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • Tarpon Flats Subdivision
  • Rental Restrictions

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,920

Year Built

Built in 1985

Lot Details

0

HOA Fees

$2,683 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: Yes
  • Association Fee: 8050.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Dockage Dock Length: 150
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 81.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Beach, Tennis Courts, Community Dockage
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 13920.20
  • Vehicle Storage: Carport, Covered Parking, Off Street Parking, Guest Parking
  • Year Built: 1985
  • Alternate Key Number: 8689969
  • Cooling Heating: Central Air
  • Lot Sq Ft: 167000.00
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2336.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Quartz Countertops, Walk-in Closet(s), Built-in Cabinets, Entrance Foyer, Pantry, Wet Bar
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Gas Appliances, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Laminate
  • Specialty Rooms: Workshop
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: First Come Dock
  • Waterfront: Bay Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Gazebo, Tennis Court(s), Sandy Beach
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,0.2 PCT ANNUAL
  • Parcel Number: 00404641-000500
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $13,089 $1,521,695 $1,015,410 $506,285
2023 $13,089 $1,407,574 $923,100 $484,474
2022 $12,210 $1,314,128 $824,500 $489,628
2021 $11,261 $1,066,560 $637,500 $429,060
2020 $12,556 $1,195,842 $775,000 $420,842
2019 $13,676 $1,285,416 $860,000 $425,416
2018 $13,265 $1,251,065 $860,000 $391,065
2017 $13,040 $1,255,721 $0 $0
2016 $13,853 $1,261,347 $0 $0
2015 $11,294 $1,105,117 $0 $0
2014 $10,070 $901,092 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 For Sale $2,500,000 +66.7% $1,070 / Sq Ft
10/30/2015 10/30/15 Sold $1,500,000 -6.3% $724 / Sq Ft
08/25/2015 08/25/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $1,600,000 -- $772 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,500,000 Attorney
Warranty Deed $325,000 --
Source: Public Records

Similar Homes in the area

  • 81250 Overseas Hwy Unit 1, Islamorada, FL 33036

    $2,850,000

    • 3 Beds
    • 3 Baths
    • 2,072 Sq Ft
    • 81250 Overseas Hwy
    • Unit 1
    • Islamorada, FL

    Welcome to Tarpon Flats, an exclusive gated enclave at the very heart of downtown Islamorada. Spanning four acres of beautifully landscaped grounds, this intimate bayfront community of just 12 private residences offers total privacy and tranquility in one of the most desirable locations in the entire Florida Keys.This southernmost unit is the most private residence in Tarpon Flats, capturing

    Pierre Bellion Ocean Sotheby's International Realty

    Section Image
  • 112 Leoni Dr, Islamorada, FL 33036

    $2,999,000

    • 4 Beds
    • 4 Baths
    • 2,478 Sq Ft
    • 112 Leoni Dr
    • Islamorada, FL

    LOOKING FOR THE PREMIER DEEP WATER OCEAN/BAY ACCESS COMMUNITY? Discover the epitome of waterfront living in the exclusive community of Venetian Shores in Islamorada. Renowned for its expansive 100-foot-wide canals, this neighborhood provides unparalleled access to both the Atlantic Ocean and Florida Bay via Snake Creek--ideal for boating enthusiasts. This meticulously updated residence boasts 4

    Shane Wilson Cypress Realty, Inc.

    Section Image
  • 159 Iroquois Dr, Islamorada, FL 33036

    $1,990,000

    • 3 Beds
    • 3 Baths
    • 2,150 Sq Ft
    • 159 Iroquois Dr
    • Islamorada, FL

    Welcome to your dream home in the heart of Islamorada! This beautifully remodeled 3-bedroom, 3-bathroom 'Florida modern' home offers the perfect blend of luxury and convenience. Located on a fantastic canal just moments from the ocean, this turn-key property is ready for you to move in and start living the ultimate Florida lifestyle.The spacious, open-concept floor plan is bathed in natural

    Pierre Bellion Ocean Sotheby's International Realty

    Section Image
  • 188 Indian Mound Trail, Tavernier, FL 33070

    $2,875,000

    • 3 Beds
    • 2 Baths
    • 2,250 Sq Ft
    • 188 Indian Mound Trail
    • Tavernier, FL

    Welcome to 188 Indian Mound Trail, an exceptional waterfront estate nestled in the prestigious Indian Waterways neighborhood of Islamorada. This meticulously maintained 10,250 SF property offers an unparalleled lifestyle just steps from the renowned Sunset Point, combining refined living with direct access to the best of the Florida Bay. A solid concrete home designed for comfort and

    Sebastian Del Negro Ocean Sotheby's International Realty

    Section Image
  • 81250 Overseas Hwy Unit 2, Islamorada, FL 33036

    $2,850,000

    • 3 Beds
    • 3 Baths
    • 2,072 Sq Ft
    • 81250 Overseas Hwy
    • Unit 2
    • Islamorada, FL

    Experience refined coastal living at Tarpon Flats, Islamorada's most exclusive bayfront enclave. This intimate, gated community consists of just 12 luxury residences spread across four beautifully landscaped acres. A stately paver driveway welcomes you to impeccably manicured grounds, where the charm of Old Florida meets the timeless elegance of Nantucket.This three-story home offers a thoughtful

    AJ Vetter Palm House Real Estate

    Section Image
  • 82762 Overseas Hwy Unit 3, Islamorada, FL 33036

    $2,595,000

    • 4 Beds
    • 4 Baths
    • 2,728 Sq Ft
    • 82762 Overseas Hwy
    • Unit 3
    • Islamorada, FL

    Open Bay Views, Boat Dockage, Pool and more... all in the Heart of Downtown Islamorada! Have you been dreaming of living downtown, but can't find a home with dedicated boat dockage and open water views? If so, this custom 4/4 home in Madeira Bay is your dream come true! Enjoy open water views from the porch, living room, kitchen, loft and bedroom plus soaring ceilings and nearly 3,000 sf of

    Brett Newman Coldwell Banker Schmitt Islamorada

    Section Image
  • 33 Pen Key Dr, Upper Matecumbe Key Islamorada, FL 33036

    $2,495,000

    • 3 Beds
    • 2.5 Baths
    • 4,537 Sq Ft
    • 33 Pen Key Dr
    • Upper Matecumbe Key Islamorada, FL

    Legacy Retreat in Islamorada - Gated Waterfront Estate with Marina, Pool & Sunset Point in Exclusive Private Bayfront Club Community. Discover the pinnacle of tropical living in Islamorada, where privacy, elegance, and world-class amenities converge. This expansive Key West-style residence is nestled within one of the Florida Keys' most prestigious gated communities, offering full-time property

    Eric Rizzo Ocean Sotheby's International Realty

    Section Image
  • 150 Columbus Dr, Islamorada, FL 33036

    $1,995,000

    • 3 Beds
    • 2 Baths
    • 1,802 Sq Ft
    • 150 Columbus Dr
    • Islamorada, FL

    Welcome to Matecumba Ocean View! Ocean Views from this home, feel the ocean breeze.This recently up dated home is your Island Dream Home Come True. Newly updated kitchen with Island eat in kitchen counter, all new stainless steel appliances, all new floors throughout. All master suite on the 3rd floor with private balcony and ocean views.Extra large 2nd and 3rd bedrooms, with walk in closet,

    Diana Fiddes Coldwell Banker Schmitt Key Largo

    Section Image
  • 125 Cortez Dr, Islamorada, FL 33036

    $2,000,000

    • 2 Beds
    • 2 Baths
    • 1,071 Sq Ft
    • 125 Cortez Dr
    • Islamorada, FL

    Welcome to your slice of paradise in the sought-after Matecumbe Ocean View neighborhood! This beautifully upgraded concrete home (including the roof) is built for durability, comfort, and style. Fully fenced and thoughtfully designed, the exterior grounds features sleek new concrete and turf along the sides of the house for a clean, modern look.The backyard is an entertainer's dream with a full

    Natalie Ardis Coldwell Banker Schmitt Real Estate Co.

    Section Image

Source: Florida Keys Board of REALTORS®

MLS Number: 615996

Florida Keys Board of REALTORS®

APN: 00404641-000500