$1,190,000

87851 Old Hwy Unit M32 Islamorada, FL 33036

Estimated payment $8,871/month

Total Views 5,930
2 Beds
2 Baths
1,736 Sq Ft
$685 Price per Sq Ft

Highlights

  • Very Popular Property
  • Ocean Front
  • Dock Facilities
  • Plantation Key School Rated A-
  • Boat Ramp
  • 1-minute walk to Indian Key

About This Home

Welcome to Ocean Harbour Condominiums, one of Islamorada's most sought-after addresses where tropical luxury meets Keys serenity. Built in 1989 and meticulously maintained, this gated oceanfront community is a true hidden gem boasting lush, resort-style grounds with hundreds of swaying palms and panoramic views that stretch endlessly across the caribbean blue Atlantic ocean.This 2-bedroom, 2-bath condominium offers an immaculate, light-filled interior -- the perfect clean slate for your own personal design vision. Featuring upgraded hurricane-impact windows and doors, the residence invites gentle sea breezes and showcases tranquil ocean views from sunrise through sunset.Enjoy world-class amenities including a stunning free-form oceanfront pool and jacuzzi, tennis and pickleball courts, a spacious clubhouse with full gym, social area, and TV lounge, plus two TIKI huts with community BBQ areas ideal for gatherings under the stars. The property also offers a boat ramp, assigned covered parking for each unit, trailer storage, and available boat slips for daily or long-term use.Whether you're seeking a permanent island retreat, a vacation getaway, or an income-producing property with a proven rental clientele, Ocean Harbour delivers the ultimate in Florida Keys living -- beauty, convenience, and that peaceful ''toes-in-the-sand'' lifestyle you've been dreaming of.

Listing Agent

Krissy Carnahan

Realty ONE Group Destination (ISL) License #3508306 Listed on: 10/17/2025

Realty ONE Group Destination (ISL)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,462

Year Built

  • Built in 1989

Lot Details

  • Ocean Front
  • Sandy Beach
  • Privacy Fence
  • Fenced
  • Fruit Trees

HOA Fees

  • $2,047 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Tar and Gravel Roof
  • HardiePlank Siding
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,736 Sq Ft Home
  • 5-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Electric Gate
  • Guest Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Pool

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

Outdoor Features

  • Dock Facilities
  • Dock made with Composite Material
  • Screened Balcony
  • Patio
  • Exterior Lighting
  • Gazebo
  • Outdoor Storage
  • Tiki or Chickee Hut
  • Attached Grill

Utilities

  • Central Heating and Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00415140-000114

Community Details

Overview

  • Association fees include cable, security, common area mnt, building insurance, bldg exterior mnt, exterminating, sewer
  • 68 Units
  • Ocean Harbor Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool
  • Bike Trail

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Resident Manager or Management On Site
  • Building Security System
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,462

Year Built

Built in 1989

Lot Details

0

HOA Fees

$2,047 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 6142.00
  • Mandatory HOA: Yes
  • Dockage Dock: Composite
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Exterminating, Sewer
  • Handicap Access: Yes
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 87.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Bike Paths, Other Area Features, Beach, Fire Hydrant, Manager on Premises, Tennis Courts, Clubhouse, Community Boat Ramp, Community Dockage
  • Pets: Pets Allowed
  • Pets W Restrictions: 2 Pets
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 6462.06
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Covered Parking, Vehicle Restrictions, Guest Parking
  • Year Built: 1989
  • Alternate Key Number: 8763514
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 609840.00
  • Pool Info: In Ground, Decked, Concrete, Salt Water
  • Porch Balcony: Screened P/B, Patio, Windowed P/B
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 5 Stories
  • Estimated Living Sq Ft: 1736.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Storage, Smoke Alarms
  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed
  • Sq Ft Remarks: Included enclosed patio

Exterior Features

  • Dockage: Dock Privileges, Other Dockage
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Hardi Board Siding, Combo Construction, Concrete
  • Exterior Features: Built-in Grill, Tennis Court(s), Storage, Sandy Beach, Privacy Wall/Fence, Outdoor Shower, Lighting, Hot Tub, Gazebo, Fruit Tree(s), Fencing, Chickee Hut
  • Roof: Tar/Gravel Roof, Combo Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Central Station Sys
  • Utilities: FKAA, Water Separate Meter, Buyer to Verify, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00415140-000114
  • Lot Size: 14 Acres / Half Hammock
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 68.00

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $6,245 $759,360 -- $759,360
2023 $6,245 $759,577 $0 $759,577
2022 $5,532 $605,300 $0 $605,300
2021 $5,051 $469,910 $0 $469,910
2020 $5,012 $463,848 $0 $463,848
2019 $5,044 $457,786 $0 $457,786
2018 $5,442 $499,843 $0 $0
2017 $5,793 $546,759 $0 $0
2016 $5,933 $528,246 $0 $0
2015 $5,488 $494,380 $0 $0
2014 $5,822 $521,225 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 For Sale $1,190,000 -- $685 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $560,000 Absolute First Title Llc
Warranty Deed $580,000 Absolute First Title Llc
Warranty Deed $1,100,000 --
Warranty Deed $460,000 --
Warranty Deed $269,000 --
Warranty Deed $230,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $417,000 New Conventional
Previous Owner $414,000 New Conventional
Source: Public Records

About the Listing Agent

Krissy Carnahan

Realty ONE Group Destination (ISL)

(786) 551-1072

Section Image

Hi there! I’m Krissy (Gustinger) Carnahan — your friendly, go-to real estate agent here in the beautiful Florida Keys. Whether you’re buying, selling, or just dreaming of a home in paradise, I’m here to help make it happen.

I grew up in Miami and have been lucky enough to call the Keys my second home since 1967 when my family purchased property here. That deep-rooted connection has given me a true understanding of island life — from the hidden gems and local hot spots to the tides,

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Source: Florida Keys Board of REALTORS®

MLS Number: 616998

Florida Keys Board of REALTORS®

APN: 00415140-000114