Exquisite Oceanfront Historic Cheeca Lodge Resort and Spa in Islamorada! Welcome to your unparalleled opportunity to own an exceptional income-producing property in the heart of Islamorada, the Sportfishing Capital of the World. This top floor double queen bed condotel, situated in the renowned Cheeca Lodge Resort and Spa, offers the perfect blend of luxury, convenience, and investment potential. Beautiful turn-key suite provides you with resort style living. Experience the epitome of luxury with 5-star dining options. Immerse yourself in the tropical paradise with 2 tiki bars, spa and fitness facility, and three heated swimming pools. Enjoy direct access to the beach and dock. Stay active with 6 lighted courts offering tennis, pickleball and basketball. Indulge in various water sports amidst lush tropical gardens. Nightly rentals allowed, providing a lucrative income stream. Onsite management ensures hassle-free property maintenance and guest services. Walking distance to outstanding restaurants, galleries, breweries, and boutiques. Proximity to Islamorada's famous art district adds cultural charm to the surroundings. Seize this rare opportunity to own a piece of paradise in one of Islamorada's most iconic and historic destinations.
Sold for $505,000
$505,000
81801 Overseas Hwy #631, Islamorada, FL 33036
1beds
358sqft
Condominium
Built in 1988
-- sqft lot
$502,900 Zestimate®
$1,411/sqft
$1,785 Estimated rent
Home value
$502,900
$458,000 - $553,000
$1,785/mo
Zestimate® history
Owner options
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$1,785/mo
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$1,785/mo
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$4,855/mo
Est. payment
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$4,855/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Lisa Frins P.A. 305-522-1479,
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Bought with:
Lisa Karp, 3087973
LoKation Real Estate - Pompano Beach
Source: FLKMLS,MLS#: 608764
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- Central Air, Ceiling Fans(s)
Appliances
- Included: None
Features
- Elevator, Lobby, Gym, Sauna
- Furnished: Yes
Interior area
- Total structure area: 358
- Total interior livable area: 358 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed, Handicap Facilities
Features
- Patio & porch: Open Porch/Balcony, Lanai
- Exterior features: Bar, Chickee Hut, Fruit Tree(s), Lighting, Outdoor Shower, Sandy Beach, Tennis Court(s), Water Display
- 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: 00401340000631
- Zoning: TC - Tourist Commercial
- Other equipment: Irrigation Equipment
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- CBS, Concrete
Condition
- Year built: 1988
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Clubhouse, Manager on Premises, Beach, Other, Bike Paths
- Security: Gated with Guard, Security Guard, Fire Sprinkler System, Security System
- Subdivision: Strattons (82.5)
HOA
- Has HOA: Yes
- Services included: Cable TV, Sewer, Pest Control, Water, Maintenance Structure, Insurance, Common Area Mnt, Security
- HOA fee: $1,768 monthly
Location
- Region: Islamorada
Financial & listing details
- Price per square foot: $1,411/sqft
- Tax assessed value: $406,705
- Annual tax amount: $3,565
- Date on market: 2/16/2024
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2024 | Sold | $505,000-12.2%$1,411/sqft |
Source:  FLKMLS #608764 Report a problem | ||
| 6/11/2024 | Contingent | $575,000$1,606/sqft |
Source:  Key West AOR #608764 Report a problem | ||
| 4/23/2024 | Price change | $575,000-4%$1,606/sqft |
Source: Key West AOR #608764 Report a problem | ||
| 4/1/2024 | Price change | $599,000-4%$1,673/sqft |
Source: Key West AOR #608764 Report a problem | ||
| 3/16/2024 | Price change | $624,000-3.9%$1,743/sqft |
Source: Key West AOR #608764 Report a problem | ||
| 2/16/2024 | Listed for sale | $649,000+41.1%$1,813/sqft |
Source: Key West AOR #608764 Report a problem | ||
| 1/18/2005 | Sold | $460,000$1,285/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,145 +4.4% | $406,705 +16.6% |
| 2024 | $3,969 +11.3% | $348,815 +10% |
| 2023 | $3,566 +8.2% | $317,105 +10% |
| 2022 | $3,297 +8.5% | $288,278 +10% |
| 2021 | $3,038 -0.4% | $262,071 |
| 2020 | $3,049 | $262,071 -11.8% |
| 2019 | $3,049 -11.5% | $297,019 -0.3% |
| 2018 | $3,446 +0% | $297,974 |
| 2017 | $3,445 +2.9% | $297,974 +1.7% |
| 2016 | $3,348 +0.6% | $293,040 +5.6% |
| 2015 | $3,328 | $277,567 |
Find assessor info on the county website
Neighborhood: 33036
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Nearby schools
GreatSchools rating
- 10/10Plantation Key SchoolGrades: PK-8Distance: 7.8 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 8 mi
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Estimated market value
$502,900
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
$502,900
- Florida
- Monroe County
- Islamorada
- 33036
- 81801 Overseas Hwy Unit 631
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