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For sale
    • $1,890,000

    74980 Overseas Hwy Unit 3, Islamorada, FL 33036

    5beds
    2,845sqft
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    Condominium, Residential - Condo/Townhouse
    Built in 1989
    -- sqft lot
    $1,777,900 Zestimate®
    $664/sqft
    $1,300/mo HOA

    What's special

    Generously sized bedroomsCovered parkingBreathtaking water viewsSoaring ceilingsStunning split-level waterfront loftSleek modern kitchenBeautifully appointed bathrooms
    Experience the ultimate Florida Keys lifestyle in this stunning split-level waterfront loft and take advantage of the vacation rental revenue. Ideally located in highly sought-after Lower Matecumbe. This exceptional 5-bedroom, 3-bath residence combines contemporary design with breathtaking water views, creating a truly unique island retreat.The thoughtfully designed layout features three spacious bedrooms on the lower level and two additional bedrooms upstairs, connected by a spectacular modern staircase that serves as a striking architectural centerpiece. Soaring ceilings and expansive windows fill the home with natural light, while the open-concept floor plan seamlessly connects the living, dining, and entertaining spaces. The sleek, modern kitchen is perfectly positioned to serve both everyday living and waterfront gatherings.Generously sized bedrooms and beautifully appointed bathrooms provide comfort and privacy for family and guests alike. Step outside to an impressive 667-square-foot waterfront screened deck overlooking the tranquil lagoon, offering the perfect setting for outdoor dining, entertaining, or simply enjoying the peaceful surroundings.Boaters will appreciate the deep-water dockage featuring a large boat slip and 16k boat lift, with convenient access to both the Atlantic Ocean and Florida Bay. Enjoy stunning views of the bayside lagoon and the ocean, along with world-class fishing, diving, and boating right from your backyard.Additional amenities include covered parking and ample storage space for all your water toys. Offering the perfect blend of modern elegance, waterfront living, and premier boating access, this remarkable Lower Matecumbe property is a rare opportunity to own a piece of paradise in one of Islamorada's most desirable locations. Onsite property management for true peace of mind.
    37 days
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    551
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    18
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    Zillow last checked:

    Listing updated:

    Listed by:

    Pierre Marc Bellion 305-731-3356,

    Ocean Sotheby's International Realty,

    Bettina Garber 305-517-3785,

    Ocean Sotheby's International Realty

    Source: FLKMLS,MLS#: 620271MLS LogoOriginating MLS: Florida Keys

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
      Features
      • Built-in Cabinets, Bar, Whirlpool Bath Tub, Walk-In Closet(s), Storage, Entrance Foyer, Cathedral Ceiling(s), Loft
      • Flooring: Tile, Carpet, Vinyl
      • Doors: Sliding Glass Doors, Impact Rstnce Doors
      • Windows: Drapes/Blinds Incl, Window Treatments, Impact Rstnce Window, Roll Down Electric
      Interior area
      • Total interior livable area: 2,845 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Carport, Trailer Storage, Covered, RV Parking Open, Off Street, Guest, Open, Assigned
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: No
      Features
      • Patio & porch: Screened Patio
      • Exterior features: Lighting, Storage, Boat Slip
      • Fencing: Privacy
      • Has view: Yes
      • View description: Ocean, Water, Canal, Bay/Gulf View
      • Has water view: Yes
      • Water view: Ocean,Water,Canal,Bay/Gulf View
      • Waterfront features: Oceanfront, Open Water, Canal Front, Bay Front, Waterfront, Dock Length: 30, Dockage: Assigned Dock, Boat Slip, Boat Ramp, Boat Lift
      Lot
      • Features: 1/2 - Less Than 1 AC
      Details
      • Parcel number: 00097890000203
      • Zoning: OTH
      • Zoning description: Other Zoning

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium, Residential - Condo/Townhouse
      Materials
      • CBS, Concrete
      • Roof: Metal
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1989

      Utilities & green energy

      • Electric: Elect Separate Meter
      • Sewer: Municipal Sewer, Public Sewer
      • Utilities for property: FKAA, Cable Connected

      Community & HOA

      Community
      • Features: Community Dockage, Bike Paths, Beach, Manager on Premises, Community Boat Ramp
      • Security: Smoke Detector(s)
      • Subdivision: Sandglass (74.5)
      HOA
      • Has HOA: Yes
      • Services included: Cable TV, Maintenance Grounds, Building Insurance, Maintenance Structure, Pest Control
      • HOA fee: $1,300 monthly
      Location
      • Region: Islamorada

      Financial & listing details

      • Price per square foot: $664/sqft
      • Tax assessed value: $1,517,585
      • Annual tax amount: $13,018
      • Date on market: 6/13/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $1,777,900

        $1.69M - $1.87M

        $6,207/mo

        Price history

        DateEventPrice
        6/13/2026Listed for sale$1,890,000+11.2%$664/sqft
        Source: FLKMLS #620271 Report a problem
        3/30/2022Sold$1,700,000-2.9%$598/sqft
        Source: FLKMLS #599577 Report a problem
        3/10/2022Contingent$1,750,000$615/sqft
        Source: FLKMLS #599577 Report a problem
        2/10/2022Listed for sale$1,750,000+121.8%$615/sqft
        Source: FLKMLS #599577 Report a problem
        5/25/2017Sold$789,000-12.2%$277/sqft
        Source: FLKMLS #573618 Report a problem
        1/11/2017Price change$899,000-9.2%$316/sqft
        Source: Coldwell Banker Schmitt Real Estate Co. #571013 Report a problem
        10/8/2016Price change$990,000-9.2%$348/sqft
        Source: Coldwell Banker Schmitt Real Estate Co. #571013 Report a problem
        8/6/2016Price change$1,090,000-16.2%$383/sqft
        Source: Coldwell Banker Schmitt Real Estate Co. #571013 Report a problem
        5/28/2016Listed for sale$1,300,000+108%$457/sqft
        Source: Coldwell Banker Schmitt Islamorada #571013 Report a problem
        9/10/2013Sold$625,000-13.7%$220/sqft
        Source: Public Record Report a problem
        11/22/2012Price change$724,000-3.3%$254/sqft
        Source: Schwartz Property Sales #543652 Report a problem
        1/11/2012Price change$749,000-11.8%$263/sqft
        Source: CENTURY 21 Schwartz Realty #543652 Report a problem
        4/29/2011Listed for sale$849,000+187.8%$298/sqft
        Source: Schwartz Property Sales #543652 Report a problem
        12/31/1997Sold$295,000$104/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,561 +0.5%$1,517,585
        2024$13,487 -2.3%$1,517,585
        2023$13,802 +117.4%$1,517,585 +104.7%
        2022$6,348 -1.7%$741,519 +3%
        2021$6,455 -0.5%$719,922
        2020$6,485 -0.7%$719,922 +7.5%
        2019$6,533 -8.5%$669,753
        2018$7,141 +0.3%$669,753 +2.3%
        2017$7,118 +5.3%$654,492 -7.8%
        2016$6,760 -2.7%$709,762 +33.7%
        2015$6,947 $530,880
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33036

        Getting around

        1 / 100
        Car-Dependent
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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