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: 5/30/2026

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

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

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

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Style: Condo Waterfront: Yes Control Depth: 3 Unit/Complex: Complex Pool: Yes Year Built: 1976 Lot Size: X 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

Status Change Info

Status: Active

Association Info

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

Building Style

Above Flood: Yes Stories: 5 Stories

Pets

Pets w/Restrictions: 1 pet up to 20 lbs

Financial Status

Bank Owned: No Potential Short Sale: No

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 - 30 - 2026
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