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

$695,000

Virtual Tour

https://idx.paradym.com/idx/4970721

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 981 Status: Pending

Current Price: $695,000 List Date: 5/29/2026 Last Modified: 6/17/2026

Overview

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 sa ... (Read more)

Listing Details MLS# 620084

Location, Tax & Legal

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
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

Contract Information

Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

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

Status Change Info

Under Contract Date: 2026-06-11
Contingent: Contingent

Association Info

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

Building Style

Above Flood: Yes
Stories: 5 Stories

More Information

Pets

Pets w/Restrictions: 1 pet up to 20 lbs

Financial Status

Bank Owned: No
Potential Short Sale: No

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.

Fee Includes

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

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

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

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Waterfront

Oceanfront: Yes
Open Water: Yes

Waterview

Ocean View: Yes
Open Water View: Yes

Floor

Tile: Yes

Neighborhood Feature

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

Interior Features

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

Windows/Doors

Aluminum Windows: Yes
Sliding Glass Doors: Yes

Vehicle Storage

Covered Parking: Yes
Guest Parking: Yes
Open Parking: Yes
Assigned Parking: Yes

Security

Electric Gate: Yes

Construction

CBS: Yes
Concrete: Yes

Land Size

2 Less Than 5 Acres: Yes

Furnished

Furnished: Yes

Terms

Cash: Yes
Conventional: Yes
No Seller Finance: Yes

Utilities

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

Porch/Balcony

Open Porch/Balcony: Yes

Title

Title Ins - Buyer: Yes

Exterior Features

Chickee Hut: Yes
Hot Tub: Yes

Pool Info

In Ground: Yes
Concrete: Yes
Decked: Yes

Pre-Wired

Cable: Yes

Roof

Other Roof: Yes

Shutters

Accordion: Yes

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: June - 17 - 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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