82762 Overseas Hwy Unit 3, Islamorada, FL 33036

$1,700,000
4
BD
4
BA
2,728
SqFt

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Sold Price
$1,700,000
List Price
$1,900,000
Closing Date
Mar 30, 2026
MLS#
614741
Status
CLOSED
Island
Upper Matecumbe Key Islamorada
County
Monroe
City
Islamorada
Area
Upper Matecumbe
Subdivision
Madeira Bay (82.5)
Neighborhood
23 - Upper Matecumbe
Bedrooms
4
Bathrooms
4
Living Area
2,728
Acres
0.17
Year Built
1992
Days on Market
343

Property Description

Open Bay Views, Boat Dockage, Pool and more... all in the Heart of Downtown Islamorada! Have you been dreaming of living downtown, but can't find a home with dedicated boat dockage and open water views? If so, this custom 4/4 home in Madeira Bay is your dream come true! Enjoy open water views from the porch, living room, kitchen, loft and bedroom plus soaring ceilings and nearly 3,000 sf of spacious living space perfect for a large or extended family. The Madeira Bay gated community is a hidden treasure of only 8 homes tucked in behind one of Islamorada's most beloved local restaurants in a peaceful private neighborhood. In addition to the community dock there is also a community pool and a gradual shoreline for launching a boat, paddle board or kayak or for wading directly into the bay with your rafts and floats! Inside, the stunning great room opens to the bay view porch on the main living level where there are also three bedrooms and two full baths in a split plan. There is also an open loft bedroom with full bath upstairs just off the great room featuring beautiful bay views. The fully permitted downstairs is connected by internal spiral stairs and adds a separate ground level entrance plus a spacious second living room, wet bar area for entertaining, plus a private guest bedroom with a full bath and outdoor porch. There is also an attached garage for protected parking and/or storage. The downtown location offers immediate access to shopping, fine dining, bars, galleries, art studios and all the regular local art festivals, full moon parties and events. Madeira Bay homes rarely come on the market and this one is a must see!

Additional Information

Hoa Fee
$5,950
Taxes
$12,738
Furnished
Unfurnished
Appliances
Washer, Dryer, Refrigerator, Range, Oven
Roof
Metal
Pool
Yes
Control Depth
4
Zoning
R1 - Residential Single Family

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Listing Courtesy Of Coldwell Banker Schmitt Islamorada, Contact: 305-664-4470

Selling Office: .