79901 Overseas Highway Unit 516, Islamorada, FL 33036

$1,450,000
3
BD
2
BA
1,484
SqFt

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Sold Price
$1,450,000
List Price
$1,500,000
Closing Date
Jan 15, 2026
MLS#
616222
Status
CLOSED
Island
Upper Matecumbe Key Islamorada
County
Monroe
City
Islamorada
Area
Upper Matecumbe
Subdivision
Palms of Isla (80.0)
Neighborhood
23 - Upper Matecumbe
Bedrooms
3
Bathrooms
2
Living Area
1,484
Year Built
1976
Days on Market
147

Property Description

Stunning and Expansive Open Ocean Views and views of Alligator Lighthouse from almost every room! This one-of-a-kind beautifully updated condo at The Palms is an absolute must see for THE MOST spectacular open ocean views in Islamorada! Top floor penthouses are rarely on the market, and this fully updated 3 bedroom/ 2 bathroom was renovated down to the studs with new plumbing, wiring and electric. It was also completely re-imagined to create an elegant split bedroom floor plan that creates a much more private primary suite with spectacular ocean views. The view from this condo is so remarkable that it was even tapped to shoot a scene in the Bloodline TV series that was filmed in the Florida Keys! In addition to constructing an all new open kitchen with open ocean views and high-end appliances, the renovation also added additional cabinet storage and space for an in-unit laundry. The penthouse has impact windows and sliding glass doors plus accordian shutters on the porch to keep your porch furniture safe and out of the weather when you're away. There's also an ocean view community pool, hot tub, men's and women's gyms, kayak storage and launch, a community room and a dedicated parking spot plus additional guest parking. The Palms of Islamorada is also just steps away from the famous Lazy Days and Papa Joe's restaurants and Bud N' Mary's Marina. This one-of-a-kind penthouse will not last... call today!

Additional Information

Hoa Fee
$1,124
Taxes
$8,784
Interior Features
Granite Counters, Storage, Walk-In Closet(s)
Appliances
Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
Exterior Features
Chicken Coop, Gazebo, Hot Tub, Outdoor Shower
Roof
Concrete
Pool
Yes
Property Condition
Updated/Remodeled
Waterfront
Yes
Control Depth
1
Zoning
MF - Multi-Family Attached
Terms
Cash, Conventional

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

Selling Office: .