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For sale
  • $699,000

    81801 Overseas Hwy #729, Islamorada, FL 33036

    1beds
    550sqft
    : 
    $5,835/mo
    Get pre-qualified
    Condominium
    Built in 1988
    -- sqft lot
    $662,800 Zestimate®
    $1,271/sqft
    $1,567/mo HOA

    What's special

    Lighted tennis courtsMultiple resort-style poolsLush tropical landscapingPickleball courtsOwners closetDock accessPrivate screened in balcony
    Welcome to the iconic Cheeca Lodge & Spa Resort--a rare opportunity to own a premier, income-producing property in the heart of Islamorada. This beautifully appointed one king-bedded room with kitchen, private screened in balcony, with owners closet, offers the ideal blend of personal retreat and investment potential. Set within one of the Florida Keys' most celebrated resorts, owners and guests enjoy a true luxury experience, featuring exceptional dining, new ballroom, two tiki bars, a full-service spa, fitness center, and multiple resort-style pools, 9 hole, Par 3 golf course, The property boasts direct beach and dock access, along with lighted tennis courts, pickleball courts and a wide array of water sports, all surrounded by lush tropical landscaping. Nightly rentals are permitted, creating strong income potential, while professional onsite management provides seamless maintenance and guest services. Ideally located just moments from Islamorada's renowned restaurants, galleries, breweries, shopping, and vibrant art district, this is a unique chance to own within one of the Keys' most historic and sought-after destinations.
    91 days
    |
    133
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ana G. Zalesky, P.A. 305-394-1404,

    Coldwell Banker Schmitt Key Largo

    Source: FLKMLS,MLS#: 619668MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Refrigerator, Microwave, Stainless Steel Appliance(s)
      Features
      • Built-in Features, Granite Counters, Tray Ceiling(s)
      • Flooring: Tile
      • Furnished: Yes
      Interior area
      • Total structure area: 550
      • Total interior livable area: 550 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Open
      • Has uncovered spaces: Yes
      Features
      • Exterior features: Bar, Chickee Hut, Lighting, Outdoor Shower, Sandy Beach, 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
      • On waterfront: Yes
      Details
      • Parcel number: 00401340000729
      • Zoning: TC - Tourist Commercial
      • Other equipment: Irrigation Equipment

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • CBS
      Condition
      • Year built: 1988

      Community & HOA

      Community
      • Features: Community Boat Ramp, Manager on Premises, Fire Hydrant, Beach, Bike Paths
      • Security: Security Gate, Gated with 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: $1,567 monthly
      Location
      • Region: Islamorada

      Financial & listing details

      • Price per square foot: $1,271/sqft
      • Tax assessed value: $568,220
      • Annual tax amount: $4,797
      • Date on market: 4/28/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $662,800

        $630,000 - $696,000

        $2,202/mo

        Price history

        DateEventPrice
        4/28/2026Listed for sale$699,000+119.8%$1,271/sqft
        Source: FLKMLS #619668 Report a problem
        3/24/2016Sold$318,000$578/sqft
        Source: FLKMLS #569547 Report a problem
        3/2/2016Pending sale$318,000$578/sqft
        Source: CENTURY 21 Schwartz Realty #569547 Report a problem
        2/17/2016Price change$318,000-4.2%$578/sqft
        Source: CENTURY 21 Schwartz Realty #569547 Report a problem
        1/15/2016Listed for sale$332,000-9%$604/sqft
        Source: Century 21 Schwartz Realty (ISL) #569547 Report a problem
        3/21/2015Listing removed$365,000$664/sqft
        Source: Moorings Realty, Inc #565300 Report a problem
        9/21/2014Listed for sale$365,000-14.1%$664/sqft
        Source: Moorings Realty, Inc #565300 Report a problem
        11/15/2013Listing removed$425,000$773/sqft
        Source: Moorings Realty, Inc #559450 Report a problem
        11/15/2012Listed for sale$425,000-10.5%$773/sqft
        Source: Moorings Realty, Inc #559450 Report a problem
        3/31/2012Listing removed$475,000$864/sqft
        Source: Freewheeler Realty #552656 Report a problem
        12/3/2010Price change$475,000-9.5%$864/sqft
        Source: Freewheeler Realty #552656 Report a problem
        8/1/2010Listed for sale$525,000-16%$955/sqft
        Source: Freewheeler Realty #552656 Report a problem
        2/3/2006Sold$625,000$1,136/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,798 +6%$436,408 +10%
        2024$4,528 +16.3%$396,735 +10%
        2023$3,895 +8.3%$360,669 +10%
        2022$3,595 +6.2%$327,881 +10%
        2021$3,385 -0.4%$298,074
        2020$3,397 $298,074 -2.5%
        2019$3,397 -3.8%$305,649 +1.1%
        2018$3,531 $302,406
        2017-- $302,406 +1.7%
        2016$3,428 -3.6%$297,284 -10.7%
        2015$3,557 $332,914
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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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