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  • 79901 Overseas Highway 511, Upper Matecumbe Key Islamorada, FL 33036 (MLS# 620084)

79901 Overseas Highway 511, Upper Matecumbe Key Islamorada, FL 33036

New Listing
$695,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 981 Status: Active
Current Price: $695,000 List Date: 5/29/2026 Last Modified: 5/29/2026

Description

Spectacular Top-Floor Views and Expansive Covered Porch! Experience the ultimate Florida Keys backdrop from this 5th-floor condo at The Palms of Islamorada. Being on the top floor means you get the absolute best vantage point--boasting a huge covered porch designed for true outdoor living, with breathtaking, unobstructed ocean views and a direct line of sight to Alligator Lighthouse. Offered completely furnished and in excellent condition, the highly desirable split floor plan ensures maximum privacy. The generous primary suite is a true highlight, offering great space and its own beautiful ocean views. Guests will also love the comfortable second bedroom featuring its own private ensuite bath. The bright interior includes a sleek, modern European-style kitchen and the ultimate convenience of an in-unit washer and dryer. The Palms is a secure, gated complex in downtown Islamorada offering fantastic amenities: a resort-style pool, a large oceanfront tiki hut (plus 6 smaller satellite tikis), a community room, separate men's and women's gyms, and assigned covered parking. Best of all, you are within easy walking distance to premier local dining favorites like Lazy Days and Papa Joe's. This is one you definitely don't want to miss out on--call today to schedule your private showing!

More Information MLS# 620084

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $695,000 Listing Date: 2026-05-29 List Price: $695,000

Location, Tax & Legal

Unit #: 511 City: ISLAMORADA Off Shore Island: No Mile Marker: 80 Marathon Neighborhood: N/A Senior Community YN: No Side: Ocean Flood Zone: AE Alternate Key #: 1113174 Parcel #: 00096770-007500 Zoning: MF - Multi-Family Attached Deed Restrictions: Yes Legal: THE PALMS OF ISLAMORADA A CONDOMINIUM UNIT 511 Taxes: 4723.34 Tax Year: 2025 Pub Sewer HkUp: Yes Street #: 79901 Street Name: Overseas Street Suffix: Highway Key/Island: Upper Matecumbe Key Islamorada State/Province: FL Zip Code: 33036 County: Monroe Subdivision: Palms of Isla (80.0) Area: 23 - Upper Matecumbe

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Waterfront: Yes Control Depth: 3 Lot Size: X Lot SqFt: 0 Unit/Complex: Complex Pool: Yes Total Units: 0 Acres: 0 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 30 Floor Number: 5 Style: Condo Year Built: 1976 Living Apx SqFt: 981 Total Bedrooms: 2 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Spectacular Top-Floor Views and Expansive Covered Porch! Experience the ultimate Florida Keys backdrop from this 5th-floor condo at The Palms of Islamorada. Being on the top floor means you get the absolute best vantage point--boasting a huge covered porch designed for true outdoor living, with breathtaking, unobstructed ocean views and a direct line of sight to Alligator Lighthouse. Offered completely furnished and in excellent condition, the highly desirable split floor plan ensures maximum privacy. The generous primary suite is a true highlight, offering great space and its own beautiful ocean views. Guests will also love the comfortable second bedroom featuring its own private ensuite bath. The bright interior includes a sleek, modern European-style kitchen and the ultimate convenience of an in-unit washer and dryer. The Palms is a secure, gated complex in downtown Islamorada offering fantastic amenities: a resort-style pool, a large oceanfront tiki hut (plus 6 smaller satellite tikis), a community room, separate men's and women's gyms, and assigned covered parking. Best of all, you are within easy walking distance to premier local dining favorites like Lazy Days and Papa Joe's. This is one you definitely don't want to miss out on--call today to schedule your private showing! Directions: MM 79.9, oceanside, Islamorada.

Association Info

Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Assoc Approval Req: Yes Association Fee $: 0 Maintenance Fee $: 3543 Assoc/Mnt Fee Per: Quarterly

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Cable: 1 Common Area Mnt: 1 Exterminating: 1 Security: 1 Sewer: 1 Water: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets w/Restrictions: 1 pet up to 20 lbs

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Ocean View: 1 Open Water View: 1

Floor

Tile: 1

Neighborhood Feature

Bike Paths: 1 Clubhouse: 1 Community Pool: 1 Manager on Premises: 1 Other Area Features: 1

Interior Features

Drapes/Blinds Incl: 1 Granite Counter Top: 1 Split Bedroom: 1 Walk-in Closet(s): 1

Building Style

Above Flood: Yes Stories: 5 Stories

Windows/Doors

Aluminum Windows: 1 Sliding Glass Doors: 1

Vehicle Storage

Covered Parking: 1 Guest Parking: 1 Open Parking: 1 Assigned Parking: 1

Security

Electric Gate: 1

Construction

CBS: 1 Concrete: 1

Land Size

2 Less Than 5 Acres: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1 No Seller Finance: 1

Utilities

Cable Available: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1

Title

Title Ins - Buyer: 1

Exterior Features

Chickee Hut: 1 Hot Tub: 1

Pool Info

In Ground: 1 Concrete: 1 Decked: 1

Pre-Wired

Cable: 1

Roof

Other Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Shutters

Accordion: 1

Status Change Info

Status: Active

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating; Security; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: None Vehicle Storage: Assigned Parking; Covered Parking; Guest Parking; Open Parking Furnished: Furnished Cooling: Ceiling Fans(s); Central Air Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer Interior Features: Drapes/Blinds Incl; Granite Counter Top; Split Bedroom; Walk-in Closet(s) Pre-Wired: Cable Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Chickee Hut; Hot Tub Pool Info: In Ground; Concrete; Decked Construction: CBS; Concrete Shutters: Accordion Floor: Tile Roof: Other Roof Neighborhood Feature: Bike Paths; Clubhouse; Community Pool; Manager on Premises; Other Area Features Security: Electric Gate Land Size: 2 Less Than 5 Acres Terms: Cash; Conventional; No Seller Finance Title: Title Ins - Buyer
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: May - 29 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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