Skip main navigation
Sold for $2,600,000
  • $2,600,000

    81250 Overseas Hwy #1, Upper Matecumbe Key, FL 33036

    3beds
    2,072sqft
    Single Family Residence
    Built in 1985
    -- sqft lot
    $2,624,000 Zestimate®
    $1,255/sqft
    $4,619 Estimated rent

    Home value

    $2,624,000

    $2.28M - $3.02M

    $4,619/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $4,619/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $4,619/mo

    Rent Zestimate®

    Refinance and save

    $24,046/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $24,046/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Welcome to Tarpon Flats, an exclusive gated enclave at the very heart of downtown Islamorada. Spanning four acres of beautifully landscaped grounds, this intimate bayfront community of just 12 private residences offers total privacy and tranquility in one of the most desirable locations in the entire Florida Keys. This southernmost unit is the most private residence in Tarpon Flats, capturing sweeping views of the bay and pool from its elegant porch. Thoughtfully designed with timeless style and high-end materials, this three-bedroom, three-bath home features rich wood floors and refined finishes throughout. Enjoy breathtaking sunsets over the bay, direct access to world-class fishing with dockage ideal for your skiff, and an array of premium amenities including a full-time concierge, tennis court, large resort-style pool, gazebo, greenhouse, and playgrounds for your children or grandchildren. The property also offers a dedicated workshop for your projects or hobbies, as well as extended parking for multiple cars and trailers—perfect for hosting guests or storing your fishing and boating equipment. Best of all, you're within walking distance to Islamorada's finest restaurants, charming cafes, and renowned art galleries, immersing you in the vibrant cultural and culinary scene of the Keys. Experience refined waterfront living in this rare Islamorada offering—where privacy, luxury, and the ultimate Keys lifestyle come together seamlessly amidst lush tropical landscapes.

    Zillow last checked:

    Listing updated:

    Listed by:

    Pierre Marc Bellion 305-731-3356,

    Ocean Sotheby's International Realty

    Bought with:

    CHARLOTTE PORTER, 3026666

    Coldwell Banker Schmitt Islamorada

    Jan Keller, 0670883

    Coldwell Banker Schmitt Islamorada

    Source: FLKMLS,MLS#: 615755MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Freezer, Stainless Steel Appliance(s)
    Features
    • Built-in Features, Granite Counters, Storage
    • Flooring: Tile, Wood, Laminate
    Interior area
    • Total structure area: 2,072
    • Total interior livable area: 2,072 sqft

    Property

    Parking
    • Parking features: Storage
    Features
    • Patio & porch: Open Porch/Balcony
    • Exterior features: Sandy Beach, Storage, Tennis Court(s)
    • Has private pool: Yes
    • Pool features: In Ground, Concrete
    • On waterfront: Yes
    Details
    • Additional structures: Gazebo
    • Parcel number: 00404641000100
    • Zoning: MF - Multi-Family Attached

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Townhouse
    • Property subtype: Single Family Residence
    Materials
    • CBS
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Community Dockage, Beach
    • Security: Security Gate
    • Subdivision: Tarpon Flats (81.5)
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Structure, Common Area Mnt
    • HOA fee: $8,050 quarterly
    Location
    • Region: Upper Matecumbe Key

    Financial & listing details

    • Price per square foot: $1,255/sqft
    • Tax assessed value: $1,733,760
    • Annual tax amount: $15,609
    • Date on market: 7/10/2025
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    9/5/2025Sold$2,600,000-8.8%$1,255/sqft
    Source: FLKMLS #615755 Report a problem
    8/19/2025Pending sale$2,850,000$1,375/sqft
    Source: FLKMLS #615755 Report a problem
    8/9/2025Contingent$2,850,000$1,375/sqft
    Source: Key West AOR #615755 Report a problem
    7/10/2025Listed for sale$2,850,000+83.9%$1,375/sqft
    Source: FLKMLS #615755 Report a problem
    4/27/2015Sold$1,550,000-11.4%$748/sqft
    Source: FLKMLS #566280 Report a problem
    10/24/2014Listing removed$1,750,000$845/sqft
    Source: Moorings Realty Inc. Report a problem
    10/21/2014Price change$1,750,000+25.4%$845/sqft
    Source: Moorings Realty Inc. Report a problem
    10/16/2014Listed for sale$1,395,000$673/sqft
    Source: Moorings Realty Inc. Report a problem
    10/22/2013Listing removed$1,395,000$673/sqft
    Source: Moorings Realty Inc. Report a problem
    9/19/2013Listed for sale$1,395,000-7%$673/sqft
    Source: Moorings Realty Inc. Report a problem
    3/11/2005Sold$1,500,000$724/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,519 +5.8%$1,733,760 +8.2%
    2024$15,609 +6.5%$1,601,659 +10%
    2023$14,663 +7.4%$1,456,054 +10%
    2022$13,657 +8.6%$1,323,685 +10%
    2021$12,577 -0.9%$1,203,350 -0.6%
    2020$12,695 $1,210,254 -6.9%
    2019$12,695 -8.1%$1,299,985 -1%
    2018$13,819 -0.4%$1,312,794 -0.4%
    2017$13,871 +1.7%$1,317,611 -0.8%
    2016$13,636 -6.2%$1,328,417 +20.2%
    2015$14,539 $1,105,117
    Find assessor info on the county website

    Neighborhood: 33036

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,624,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,624,000