🌊 Spectacular Direct Ocean Views!
✨ Islamorada's Best-Kept Secret!
This beautifully appointed 2-bedroom, 2-bath residence offers breathtaking, unobstructed ocean views from your private waterfront balcony. Step outside and enjoy a refreshing swim in the oceanfront pool or take a dip directly in the crystal-clear Atlantic.
Perfectly situated near Bud & Mary's Marina and just minutes from Islamorada's most beloved restaurants, this location captures the very best of island living.
This property is truly a must-see--and it's priced to sell. Seller will consider all reasonable offers.
For sale
Price cut: $30K (6/13)
$469,000
79901 Overseas Hwy APT 204, Upper Matecumbe Key, FL 33036
2beds
981sqft
:
Get pre-qualified$4,045/mo
Condominium
Built in 1976
-- sqft lot
$461,100 Zestimate®
$478/sqft
$1,181/mo HOA
What's special
Spectacular direct ocean viewsPrivate waterfront balcony
- 189 days |
- 1,757 |
- 40 |
Zillow last checked:
Listing updated:
Listed by:
Tracey E. Petrusha 305-896-1080,
Venture Realty Group,
Michael Petrusha 954-608-4901,
Venture Realty Group
Source: FLKMLS,MLS#: 618199
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Dishwasher, Refrigerator, Oven, Microwave
Features
- Elevator
Interior area
- Total structure area: 981
- Total interior livable area: 981 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed, Accessible Approach with Ramp
Features
- Exterior features: Chickee Hut, Lighting, Outdoor Shower, Sandy Beach
- Has private pool: Yes
- Pool features: In Ground, Concrete, Decked
- Has spa: Yes
- Spa features: Heated, Community
- Fencing: Fenced
- On waterfront: Yes
Details
- Parcel number: 00096770000800
- Zoning: MF - Multi-Family Attached
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- CBS, Concrete
Condition
- Year built: 1976
Utilities & green energy
- Utilities for property: Elect Separate Meter, Cable Available
Community & HOA
Community
- Features: Clubhouse, Manager on Premises, Fire Hydrant, Beach, Other, Bike Paths
- Security: Security Gate
- Subdivision: Palms of Isla (80.0)
HOA
- Has HOA: Yes
- Services included: Cable TV, Sewer, Pest Control, Water, Maintenance Structure, Insurance, Common Area Mnt, Security
- HOA fee: $3,543 quarterly
Location
- Region: Upper Matecumbe Key
Financial & listing details
- Price per square foot: $478/sqft
- Tax assessed value: $476,402
- Annual tax amount: $4,598
- Date on market: 6/19/2026
- Listing terms: Cash,Conventional
Estimated market value
$461,100
$438,000 - $484,000
$3,119/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Listed for sale | $469,000$478/sqft |
Source:  Key West AOR #618199 Report a problem | ||
| 6/18/2026 | Contingent | $469,000$478/sqft |
Source:  FLKMLS #618199 Report a problem | ||
| 6/13/2026 | Price change | $469,000-6%$478/sqft |
Source: FLKMLS #618199 Report a problem | ||
| 5/28/2026 | Price change | $499,000-5%$509/sqft |
Source: FLKMLS #618199 Report a problem | ||
| 5/8/2026 | Price change | $524,999-4.4%$535/sqft |
Source: Key West AOR #618199 Report a problem | ||
| 4/21/2026 | Price change | $549,000-1.8%$560/sqft |
Source: FLKMLS #618199 Report a problem | ||
| 4/4/2026 | Price change | $559,000-1.8%$570/sqft |
Source: Key West AOR #618199 Report a problem | ||
| 3/11/2026 | Price change | $569,000-1.9%$580/sqft |
Source: FLKMLS #618199 Report a problem | ||
| 2/19/2026 | Price change | $580,000-1.7%$591/sqft |
Source: Key West AOR #618199 Report a problem | ||
| 1/19/2026 | Listed for sale | $590,000+391.7%$601/sqft |
Source: FLKMLS #618199 Report a problem | ||
| 10/7/1994 | Sold | $120,000$122/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,599 +6.5% | $447,697 +10% |
| 2024 | $4,316 +4.3% | $406,997 +10% |
| 2023 | $4,138 +12% | $369,997 +10% |
| 2022 | $3,696 +6.8% | $336,361 +10% |
| 2021 | $3,463 +3.5% | $305,783 +4.6% |
| 2020 | $3,346 | $292,412 +90.8% |
| 2019 | $3,346 +106.2% | $153,286 +1.9% |
| 2018 | $1,623 +2% | $150,428 +2.1% |
| 2017 | $1,592 +3.2% | $147,334 +2.1% |
| 2016 | $1,542 -2% | $144,304 +0.7% |
| 2015 | $1,572 | $143,301 |
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.Climate risks
Neighborhood: 33036
Nearby schools
GreatSchools rating
- 10/10Plantation Key SchoolGrades: PK-8Distance: 9.7 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 9.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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