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For sale
    • Price increase: $400K (5/23)
    $6,900,000

    82749 Old Hwy, Islamorada, FL 33036

    3beds
    1,485sqft
    : 
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    Single Family Residence
    Built in 1978
    1.38 Acres Lot
    $-- Zestimate®
    $4,646/sqft
    $-- HOA

    What's special

    Oceanfront estatePrivate jetty with dockageCovered lanaiTwo spacious bedroomsSoaring vaulted tongue-and-groove ceilingsVersatile bonus roomOpen floor plan
    Welcome to Casa Mar Azul, a one-of-a-kind oceanfront estate located along the iconic Old Highway in Islamorada -- a rare offering with 200 feet of oceanfront shoreline, a private jetty with dockage, and breathtaking panoramic views of the Atlantic Ocean. This elegant coastal retreat blends indoor-outdoor living with an open floor plan and soaring vaulted tongue-and-groove ceilings that bring warmth and character to the airy living space. Floor to ceiling windows and doors lead to an expansive open terrace, where unobstructed ocean views take center stage and sea breezes invite total relaxation. Upstairs, you'll find two spacious bedrooms and two full baths, each thoughtfully designed for comfort and ease. A versatile bonus room opens to a covered lanai that leads directly to your own sandy beach -- the perfect spot for morning coffee or sunset gatherings. The private jetty stretches 200 feet into the turquoise waters and offers dockage at the end, ideal for boating, fishing, or simply soaking in the serenity of the sea. Nestled within mature tropical landscaping, this estate offers a sense of seclusion while being just steps or a short bike ride from Islamorada's best -- charming restaurants, local boutiques, and vibrant art galleries. Whether you're looking for a serene island escape or a place to entertain in style, this exceptional property captures the spirit of the Florida Keys with timeless charm and coastal elegance. Offered by appointment only -- your piece of paradise awaits.
    305 days
    |
    450
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alina Davis 305-393-0541,

    Coldwell Banker Schmitt Islamorada

    Source: FLKMLS,MLS#: 616520MLS LogoOriginating MLS: Florida Keys

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
      • Laundry: Laundry Room
      Features
      • Built-in Cabinets, Storage, Entrance Foyer, Pantry, Split Bedroom, Cathedral Ceiling(s)
      • Flooring: Tile, Other, Wood
      • Doors: Impact Rstnce Doors
      • Windows: Drapes/Blinds Incl, Impact Rstnce Window
      Interior area
      • Total interior livable area: 1,485 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage, RV Parking Open, Off Street, Guest, Open
      • Has garage: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Lanai, Open Porch/Balcony, Deck
      • Exterior features: Storage, Sandy Beach
      • Has spa: Yes
      • Spa features: Private
      • Fencing: Fenced
      • Has view: Yes
      • View description: Ocean, Water
      • Has water view: Yes
      • Water view: Ocean,Water
      • Waterfront features: Oceanfront, Open Water, Waterfront, Sandy Beach, Dock: Wood
      Lot
      • Size: 1.38 Acres
      • Dimensions: appro x . 200 on waterfront, 400 deep plus baybottom
      • Features: 1 Less Than 2 Acres
      Details
      • Additional structures: Workshop
      • Parcel number: 00404380000000
      • Zoning: RE
      • Zoning description: Residential Estate

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS, Hardi Board Siding
      • Roof: Metal
      Condition
      • Year built: 1978

      Utilities & green energy

      • Electric: Elect Separate Meter
      • Sewer: Municipal Sewer, Public Sewer
      • Utilities for property: FKAA, Cable Available, Buyer to Verify, Cable Connected

      Community & HOA

      Community
      • Subdivision: Russell Estates (83.2)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Islamorada

      Financial & listing details

      • Price per square foot: $4,646/sqft
      • Tax assessed value: $5,179,927
      • Annual tax amount: $6,471
      • Date on market: 9/17/2025
      • Listing terms: No Seller Finance

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/23/2026Price change$6,900,000+6.2%$4,646/sqft
        Source: Key West AOR #616520 Report a problem
        4/2/2026Price change$6,500,000-7.1%$4,377/sqft
        Source: Key West AOR #616520 Report a problem
        2/18/2026Price change$6,999,999-6.7%$4,714/sqft
        Source: Key West AOR #616520 Report a problem
        12/16/2025Price change$7,499,000-3.2%$5,050/sqft
        Source: Key West AOR #616520 Report a problem
        9/17/2025Listed for sale$7,750,000$5,219/sqft
        Source: FLKMLS #616520 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,688 +3.3%$673,843 +2.9%
        2024$6,472 +0.7%$654,853 +3%
        2023$6,425 +1.8%$635,780 +3%
        2022$6,310 -0.9%$617,263 +3%
        2021$6,366 +0.9%$599,285 +1.4%
        2020$6,311 $591,011 +33.5%
        2019$6,311 +4.8%$442,860 -3.1%
        2018$6,023 -6.5%$457,054 +2.1%
        2017$6,445 +3%$447,654 +2.1%
        2016$6,255 -2.3%$438,447 +0.7%
        2015$6,403 $435,399
        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

        41 / 100
        Car-Dependent
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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