80902 Old Hwy, Upper Matecumbe Key, FL 33036
What's special
RARE OPPORTUNITY IN CORAL COVE! Welcome to Island Hopper, an award-winning tropical plantation-style home in one of Islamorada's most private gated communities. Set on an oversized double lot, this beautifully updated 4-bedroom, 3-bath home offers 3,550 sq. ft. of living space plus 1,200 sq. ft. of covered outdoor living. A spectacular wraparound porch, soaring windows, and abundant natural light capture the relaxed elegance of Keys living. The private top-floor primary suite features a walk-in closet, Jacuzzi tub, and adjoining office. Recent upgrades include impact windows and doors, four new A/C units, approximately 5,000 sq. ft. of new marble pavers, 7,500 sq. ft. of new turf, and lush tropical landscaping with mature orchids and privacy hedging. Enjoy the privacy of a dry-lot home with the benefits of waterfront living. Coral Cove's amenities include community boat dockage with water and power, fish-cleaning station, oceanfront pool, and tiki huts. Four covered parking spaces plus dedicated golf-cart parking complete the property. Ideally located in the heart of Islamorada, within walking distance of restaurants, shopping, and entertainment. With only 9 homes in Coral Cove, opportunities to own in this special community are exceptionally rare.
- 43 days
- 983
- 38
Travel times
Living Room
Kitchen
Bedroom
Zillow last checked:
Listing updated:
Caroline Hendrix 786-847-3705,
Coldwell Banker Schmitt Islamorada
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Gas Appliances, Stainless Steel Appliance(s)
Features
- Pantry, Walk-in Closet(s)
Interior area
- Total structure area: 3,550
- Total interior livable area: 3,550 sqft
Property
Parking
- Parking features: Storage
Features
- Patio & porch: Open Porch/Balcony, Deck
- Exterior features: Storage
- Has private pool: Yes
- Pool features: In Ground
Lot
- Size: 0.34 Acres
Details
- Parcel number: 00096190000800
- Zoning: R1 - Residential Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1961
Community & HOA
Community
- Features: Community Dockage
- Security: Security Gate
- Subdivision: Misc Upper Matacumbe (82.0)
HOA
- Has HOA: Yes
- Services included: Common Area Mnt, Other
- HOA fee: $5,500 annually
Location
- Region: Upper Matecumbe Key
Financial & listing details
- Price per square foot: $831/sqft
- Tax assessed value: $2,219,537
- Annual tax amount: $6,564
- Date on market: 9/25/2026
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Listed for sale | $2,950,000+378.2%$831/sqft |
Source:  FLKMLS #621398 Report a problem | ||
| 9/10/2014 | Sold | $616,875-38%$174/sqft |
Source: Public Record Report a problem | ||
| 1/3/2009 | Listing removed | $995,000$280/sqft |
Source: NCI #544005 Report a problem | ||
| 7/21/2008 | Listed for sale | $995,000$280/sqft |
Source: NCI #544005 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,564 +3.3% | $717,160 +2.9% |
| 2024 | $6,355 +0.8% | $696,949 +3% |
| 2023 | $6,306 +2% | $676,650 +3% |
| 2022 | $6,184 -1.5% | $656,942 +3% |
| 2021 | $6,281 +0.9% | $637,808 +1.4% |
| 2020 | $6,223 | $629,002 +2.3% |
| 2019 | $6,223 +0.4% | $614,861 +1.9% |
| 2018 | $6,198 +2.2% | $603,397 +2.1% |
| 2017 | $6,066 +4% | $590,987 +2.1% |
| 2016 | $5,836 -3.4% | $578,832 +0.7% |
| 2015 | $6,040 | $575,044 |
Monthly payment
Estimated market value
$2,700,700
$2.57M - $2.84M
$6,536/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.