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Sold for $625,000
  • $625,000

    79901 Overseas Hwy APT 502, Upper Matecumbe Key, FL 33036

    2beds
    1,053sqft
    Condominium
    Built in 1976
    -- sqft lot
    $616,900 Zestimate®
    $594/sqft
    $3,397 Estimated rent

    Home value

    $616,900

    $574,000 - $666,000

    $3,397/mo

    Zestimate® history
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    What's special

    Plenty of guest parkingOceanfront poolBay viewsImpact windowsAssigned parkingSliding glass doors
    This terrific condo has ocean AND bay views from the living room and office area. Impact windows have been installed and lovely neutral tile extends throughout the condo. Both bedrooms are spacious and the main bedroom has sliding glass doors to your terrace with beautiful ocean views. The Palms of Islamorada is conveniently located close to the downtown Islamorada area. You are only minutes from enjoying shopping in the boutiques and galleries and eating in numerous restaurants that are very close by. The Palms has an oceanfront pool, assigned parking with plenty of guest parking, gym as well as kayak and paddleboard storage. This condo is being offered furnished, so just bring your toothbrush and begin enjoying the Islamorada lifestyle. A fantastic view of Alligator Lighthouse is included at no extra cost.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alina Davis 305-393-0541,

    Coldwell Banker Schmitt Islamorada

    Bought with:

    Krissy Carnahan, 3508306

    Realty ONE Group Destination (ISL)

    Source: FLKMLS,MLS#: 603982MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Dishwasher, Refrigerator, Range, Oven, Microwave
    Features
    • Built-in Features, Granite Counters, Elevator
    • Flooring: Tile
    • Furnished: Yes
    Interior area
    • Total structure area: 1,053
    • Total interior livable area: 1,053 sqft

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Elevator Installed, Accessible Approach with Ramp
    Features
    • Patio & porch: Open Porch/Balcony
    • Exterior features: Chickee Hut
    • Has private pool: Yes
    • Pool features: In Ground, Decked
    • Fencing: Fenced
    • On waterfront: Yes
    Details
    • Parcel number: 00096770006600
    • 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

    Community & HOA

    Community
    • Features: Manager on Premises
    • 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
    • HOA fee: $850 monthly
    Location
    • Region: Upper Matecumbe Key

    Financial & listing details

    • Price per square foot: $594/sqft
    • Tax assessed value: $530,433
    • Annual tax amount: $4,304
    • Date on market: 1/28/2023

    Price history

    DateEventPrice
    3/15/2024Sold$625,000-7.4%$594/sqft
    Source: FLKMLS #603982 Report a problem
    2/24/2024Pending sale$675,000$641/sqft
    Source: FLKMLS #603982 Report a problem
    2/11/2024Contingent$675,000$641/sqft
    Source: Key West AOR #603982 Report a problem
    3/30/2023Price change$675,000-3.4%$641/sqft
    Source: Key West AOR #603982 Report a problem
    1/28/2023Listed for sale$699,000+50.3%$664/sqft
    Source: Key West AOR #603982 Report a problem
    4/6/2021Listing removed--
    Source: FLKMLS #590716 Report a problem
    5/1/2020Listed for sale$465,000+132.5%$442/sqft
    Source: Ocean Sotheby's International Realty #590716 Report a problem
    2/25/2013Sold$200,000-16.7%$190/sqft
    Source: FLKMLS #558793 Report a problem
    2/23/2013Pending sale$240,000$228/sqft
    Source: CENTURY 21 Schwartz Realty #558793 Report a problem
    1/29/2013Price change$240,000-9.4%$228/sqft
    Source: CENTURY 21 Schwartz Realty #558793 Report a problem
    11/26/2012Price change$265,000-1.5%$252/sqft
    Source: CENTURY 21 Schwartz Realty #558793 Report a problem
    8/23/2012Price change$269,000-2.2%$255/sqft
    Source: Schwartz Property Sales #558793 Report a problem
    6/3/2012Price change$275,000-1.8%$261/sqft
    Source: CENTURY 21 Schwartz Realty #555653 Report a problem
    1/11/2012Listed for sale$280,000+77.2%$266/sqft
    Source: CENTURY 21 Schwartz Realty #555653 Report a problem
    1/19/2000Sold$158,000$150/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,875 -2.8%$530,433 +10%
    2024$5,014 +4.3%$482,216 +10%
    2023$4,806 +11.7%$438,378 +10%
    2022$4,304 +7.2%$398,525 +10%
    2021$4,015 +8.4%$362,295 +10%
    2020$3,703 $329,359 +8.7%
    2019$3,703 +5.6%$302,955
    2018$3,508 +0.3%$302,955 +10.1%
    2017$3,497 +10.3%$275,272
    2016$3,171 -4.3%$275,272 +11.3%
    2015$3,314 $247,221
    Find assessor info on the county website

    Neighborhood: 33036

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $616,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $616,900