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For sale
    • $585,000

    81801 Overseas Hwy #727, Islamorada, FL 33036

    1beds
    358sqft
    : 
    $5,358/mo
    Get pre-qualified
    Condominium
    Built in 1988
    -- sqft lot
    $545,100 Zestimate®
    $1,634/sqft
    $1,768/mo HOA

    What's special

    Beautiful sandy beachPool side cabanasSoaking tubSpacious beautiful bathroomWalk-in shower
    Attention Investors! Own a piece of the legendary Cheeca Lodge Resort and Spa. Located in Islamorada, the ''Sportfishing Capital of the World''. This spacious Two Queen bed Suite offers a spacious beautiful bathroom featuring a walk-in shower and soaking tub, a private screened in porch with views of the lush landscaping and large swaying palm trees. This exceptional income-producing property allows nightly rentals. Owners enjoy occupancy of their units up to 28 days a year and receive a monthly check for the remainder of the time. It's a hands-off income generator! Enjoy the 27 acres of Islamorada oceanfront that includes 3 world class restaurants, 2 open-air tiki bars, 1,200' of private beach, 525' fishing pier, 2 family pools, 1 adults only pool by the spa, beautiful sandy beach and pool side cabanas, 9 hole golf course, 6 sports courts, 15,000 sq. ft of event space, valet parking, 24 hour shuttle service, concierge service, on site boat trailer parking, watersports activities, fitness center and Camp Cheeca, for the children's entertainment, when only the best will do!
    116 days
    |
    226
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jan Keller 305-664-7069,

    Coldwell Banker Schmitt Islamorada,

    CHARLOTTE PORTER 305-393-2749,

    Coldwell Banker Schmitt Islamorada

    Source: FLKMLS,MLS#: 619365MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Cooling
      • Central Air
      Appliances
      • Included: None
      Features
      • Built-in Features, Granite Counters, Elevator, Lobby, Tray Ceiling(s), Gym, Sauna
      • Flooring: Carpet, Marble
      • Furnished: Yes
      Interior area
      • Total structure area: 358
      • Total interior livable area: 358 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Open
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Accessible Elevator Installed, Parking, Handicap Facilities
      Features
      • Exterior features: Bar, Chickee Hut, Lighting, Outdoor Shower, Sandy Beach, Storage, Tennis Court(s), Water Display
      • Has private pool: Yes
      • Pool features: In Ground, Lap, Concrete, Decked
      • Has spa: Yes
      • Spa features: Heated, Community
      • Fencing: Fenced
      Details
      • Parcel number: 00401340000727
      • Zoning: TC - Tourist Commercial

      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: Community Boat Ramp, Manager on Premises, Beach, Bike Paths
      • Security: Security Gate, Gated with Guard, Security Guard
      • 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: $1,634/sqft
      • Tax assessed value: $389,199
      • Annual tax amount: $3,848
      • Date on market: 4/5/2026
      • Listing terms: No Seller Finance,Cash,Conventional

        Estimated market value

        $545,100

        $518,000 - $572,000

        $1,746/mo

        Price history

        DateEventPrice
        4/5/2026Listed for sale$585,000-9.9%$1,634/sqft
        Source: FLKMLS #619365 Report a problem
        6/1/2024Listing removed--
        Source: FLKMLS #607644 Report a problem
        2/16/2024Price change$649,000-4.6%$1,813/sqft
        Source: Key West AOR #607644 Report a problem
        12/1/2023Listed for sale$680,000+72.2%$1,899/sqft
        Source: Key West AOR #607644 Report a problem
        2/3/2006Sold$395,000$1,103/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,849 +1.1%$365,817 +10%
        2024$3,809 +9.1%$332,561 +10%
        2023$3,493 +9.6%$302,329 +10%
        2022$3,185 +9.1%$274,845 +10%
        2021$2,921 -0.4%$249,859
        2020$2,931 $249,859 -12.6%
        2019$2,931 -12.1%$285,903 0%
        2018$3,336 +0.3%$286,040
        2017$3,328 +6.5%$286,040 +1.7%
        2016$3,125 +0.5%$281,307 +8.9%
        2015$3,108 $258,402
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33036

        Getting around

        54 / 100
        Somewhat Walkable
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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