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New construction
  • $2,495,000

    81906 Overseas Hwy #2, Islamorada, FL 33036

    3beds
    1,829sqft
    : 
    $15,418/mo
    Get pre-qualified
    Single Family Residence
    Built in 2020
    2,593 Square Feet Lot
    $2,334,600 Zestimate®
    $1,364/sqft
    $996/mo HOA

    What's special

    Thoughtful detailsExceptional craftsmanship throughoutElegant interiorsUpscale finishesAll stainless-steel bosch appliancesRefined designPrivately gated
    Perfectly positioned in the heart of Upper Matecumbe Key, this stunning residence places you in downtown Islamorada--just a short stroll to the area's most celebrated restaurants, art galleries, and island attractions.Privately gated and approached by a Chicago paver driveway, this absolutely turn-key 3-bedroom, 3.5-bath residence is part of an exclusive collection of just eight bayfront homes and was completed in 2020 with refined design, upscale finishes, all stainless-steel Bosch appliances, and exceptional craftsmanship throughout. Elegant interiors and thoughtful details create a sophisticated yet relaxed island lifestyle.The home features a private pool with a wood deck at the rear--ideal for entertaining or unwinding in complete privacy--while residents also enjoy access to a community bayfront pool overlooking breathtaking sunset views. An assigned boat slip on the bay provides effortless access to Florida Bay and the Atlantic beyond. Boat lift currently in place can hold boats up to 5,000Lbs.Adding to its appeal, 7-day rentals are permitted, making this property a rare and superior investment opportunity in one of Islamorada's most walkable and desirable locations. Ideal for a full-time residence, island getaway, or income-producing asset, this home offers an exceptional blend of luxury, lifestyle, and flexibility. Coral Cove is located in an X flood zone, providing additional peace of mind.
    212 days
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    411
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    20
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    Zillow last checked:

    Listing updated:

    Listed by:

    Pierre Marc Bellion 305-731-3356,

    Ocean Sotheby's International Realty,

    Bettina Garber 305-517-3785,

    Ocean Sotheby's International Realty

    Source: Key West AOR,MLS#: 617838MLS LogoOriginating MLS: Florida Keys

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Cooling
      • Central Air
      Appliances
      • Included: Washer, Stainless Steel Appliance(s), Freezer, Oven, Refrigerator, Dishwasher, Dryer
      Features
      • Cathedral Ceiling(s), Built-in Cabinets, Quartz Countertops, Entrance Foyer
      • Flooring: Vinyl
      • Doors: Impact Rstnce Doors
      • Windows: Impact Rstnce Window
      Interior area
      • Total structure area: 1,829
      • Total interior livable area: 1,829 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Assigned, Off Street
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Open Porch/Balcony, Deck, Patio
      • Exterior features: Built-in Barbecue, Outdoor Kitchen, Composite Dock
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Concrete
      • Has view: Yes
      • View description: Bay/Gulf View, Water
      • Has water view: Yes
      • Water view: Bay/Gulf View,Water
      • Waterfront features: Bay Front
      Lot
      • Size: 2,593 Square Feet
      • Features: Less Than 1/4 Acre
      Details
      • Additional structures: Assigned Dock, Boat Slip, Boat Lift
      • Parcel number: 00399270000200
      • Zoning: VC - Village Center
      • Zoning description: Village Center

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS
      • Roof: Metal
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2020

      Utilities & green energy

      • Electric: Elect Separate Meter
      • Sewer: Public Sewer
      • Water: FKAA, Water Separate Meter
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Pool
      • Security: Electric Gate
      • Subdivision: Strattons (82.5)
      HOA
      • Services included: Common Area Mnt
      • HOA fee: $2,988 quarterly
      Location
      • Region: Islamorada

      Financial & listing details

      • Price per square foot: $1,364/sqft
      • Tax assessed value: $1,687,324
      • Annual tax amount: $15,592
      • Date on market: 12/26/2025
      • Listing terms: Cash,Conventional

        Estimated market value

        $2,334,600

        $2.22M - $2.45M

        $5,500/mo

        Price history

        DateEventPrice
        12/26/2025Listed for sale$2,495,000+193.5%$1,364/sqft
        Source: Key West AOR #617838 Report a problem
        2/25/2020Sold$850,000$465/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$15,593 +0.8%$1,687,324 +0.2%
        2024$15,463 +108%$1,684,138 +109.6%
        2023$7,436 +2%$803,536 +3%
        2022$7,292 -1.1%$780,133 +3%
        2021$7,376 +130.1%$757,411 +169.4%
        2020$3,205 $281,188
        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

        53 / 100
        Somewhat Walkable
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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