Island Opportunity is knocking! Enjoy your own Islamorada vacation home...with the option to generate excellent rental income when you're not using it. Set in a private, peaceful oceanfront community of just 10 townhomes, you'll have a beach, pool and your own slip for boat up to 30'. Spend the day on the water, relax by the pool or head up to the rooftop deck for ocean breezes & a peekaboo water view. There are four balconies - so you can enjoy some shade at any time of day. Although this seller never rented, the home is eligible for a coveted weekly rental license, giving a new owner the flexibility to enjoy it personally while also taking advantage of the strong Keys vacation rental market. The 2 bedroom, 2.5 bath townhome has a comfortable layout, with a private bath for each bedroom, a half bath on the main living level, and *straight interior* stairs rather than a spiral staircase. It's also refreshingly low maintenance, with concrete construction, a concrete roof, impact windows and doors, and an HOA that takes care of the grounds. Because this is a townhome rather than a condo, owners choose how much insurance to carry, and current insurance costs are surprisingly low. It's even in an X flood zone, so no flood insurance is required. Covered parking and an entry from underneath the home are two more practical touches that make coming and going easy, rain or shine. Trailer/boat storage is allowed under the home. The location works just as well by water as it does by land, with fantastic fishing and diving just steps from home and a great Old Highway location close to Founders Park, restaurants and everything you come to Islamorada to enjoy. Breezy and relaxed when you're here, with the ability to generate income when you're not. It's a rare and excellent combination.. good for your heart and your wallet.
For sale
Price cut: $5K (10/3)
$785,000
136 Aregood Ln, Plantation Key, FL 33036
2beds
1,152sqft
Townhouse
Built in 1991
2,052 Acres Lot
$-- Zestimate®
$681/sqft
$750/mo HOA
What's special
Impact windows and doorsFour balconies
- 53 days
- 443
- 38
Zillow last checked:
Listing updated:
Listed by:
Christy Hughes 305-393-6190,
Coldwell Banker Schmitt Islamorada
Source: FLKMLS,MLS#: 620945
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Cooling
- Central Air
Appliances
- Included: Washer, Dryer, Refrigerator, Range, Microwave, Disposal, Freezer, Stainless Steel Appliance(s)
Features
- Storage, Walk-in Closet(s)
- Flooring: Tile
Interior area
- Total structure area: 1,152
- Total interior livable area: 1,152 sqft
Property
Parking
- Parking features: Storage
Accessibility
- Accessibility features: None
Features
- Patio & porch: Open Porch/Balcony, Deck, Roof Top Deck, Patio, Screened Patio
- Exterior features: Sandy Beach
- Has private pool: Yes
- Pool features: In Ground
Lot
- Size: 2,052 Acres
Details
- Parcel number: 00414991000100
- Zoning: MF - Multi-Family Attached
Construction
Type & style
- Home type: Townhouse
- Architectural style: Townhouse
- Property subtype: Townhouse
Materials
- Concrete
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1991
Utilities & green energy
- Utilities for property: Water Separate Meter
Community & HOA
Community
- Features: Community Dockage, Beach
- Subdivision: Port of Call (88.5)
HOA
- Has HOA: Yes
- Services included: Common Area Mnt
- HOA fee: $750 monthly
Location
- Region: Plantation Key
Financial & listing details
- Price per square foot: $681/sqft
- Tax assessed value: $835,720
- Annual tax amount: $7,488
- Date on market: 8/11/2026
- Listing terms: No Seller Finance,Cash,Conventional,FHA
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2026 | Price change | $785,000-0.6%$681/sqft |
Source: | ||
| 9/26/2026 | Price change | $790,000-0.6%$686/sqft |
Source: | ||
| 8/31/2026 | Price change | $795,000-3.6%$690/sqft |
Source: | ||
| 8/11/2026 | Listed for sale | $825,000+46%$716/sqft |
Source: | ||
| 2/26/2021 | Sold | $565,000+43%$490/sqft |
Source: Public Record Report a problem | ||
| 11/3/2014 | Sold | $395,000-39.2%$343/sqft |
Source: Public Record Report a problem | ||
| 12/6/2004 | Sold | $650,000$564/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,488 +6.3% | $750,255 +10% |
| 2024 | $7,046 +14.1% | $682,050 +10% |
| 2023 | $6,173 +4.8% | $620,045 +6.4% |
| 2022 | $5,889 +7.9% | $582,872 +25.7% |
| 2021 | $5,460 +5.8% | $463,625 +7.7% |
| 2020 | $5,161 | $430,620 +2.4% |
| 2019 | $5,161 +0.2% | $420,691 -7.2% |
| 2018 | $5,148 +2.9% | $453,442 +28.5% |
| 2017 | $5,004 +15% | $352,941 +5.1% |
| 2016 | $4,350 -0.9% | $335,870 0% |
| 2015 | $4,387 | $335,922 |
Find assessor info on the county website
Monthly payment
Est. payment





