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81250 Overseas Highway 5, Upper Matecumbe Key Islamorada, FL 33036

$2,600,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,336 Lot Size (sq. ft.): 167,000 Status: Active
Current Price: $2,600,000 List Date: 7/31/2025 Last Modified: 1/28/2026

Overview

Description

Only sophistication and class represented in Islamorada's most exclusive development, Tarpon Flats. This rare offering has underwent a full high-end renovation to satisfy the most distinguished buyer. The elegant paver driveway leads up to pristine grounds showing off it's manicured landscaping. One of only 12 luxury bayfront homes on a sprawling four-acre parcel. The property exudes a unique charm blending Old Florida allure with the timeless essence of Nantucket. Covered parking and a versatile multi-purpose room on the ground floor with a foyer entry. On the second floor you will find an open living space with the kitchen & dining room overlooking the bay, 2 bedrooms/2 bathrooms, and serene positioning for nightly sunsets. The third floor is dedicated to the master suite and maid's quarters with more amazing views from the private balcony. If amenities are what you're after, Tarpon Flats delivers on all fronts: a beautiful tennis court with covered seating for spectators, a rare gre ...

Listing Details MLS# 615996

Location, Tax & Legal

Street #
81250
Street Name
Overseas
Street Suffix
Highway
Key/Island
Upper Matecumbe Key Islamorada
State/Province
FL
Zip Code
33036
County
Monroe
Subdivision
Tarpon Flats (81.5)
Area
23 - Upper Matecumbe
Unit #
5
City
ISLAMORADA
Mile Marker
81.5
Marathon Neighborhood
N/A
Side
Bay/Gulf
Flood Zone
AE,AE,0.2 PCT ANNUAL
Alternate Key #
8689969
Parcel #
00404641-000500
Zoning
MF - Multi-Family Attached
Deed Restrictions
Unknown
Legal
BAY COLONY VILLAS A/K/A PT TR 8 UNIT 5 BLDG 2 AND UPPER MATECUMBE TRACTS 9 - 10 SUBD OF LOTS 3-4 PB2-59 OR1497-1863/64 O
Taxes
13920.2
Tax Year
2024
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Florida Keys

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
Yes
Control Depth
3
Pool
Yes
Year Built
1985
Lot SqFt
167000
Living Apx SqFt
2336
SqFt Source
Tax Records
Total Bedrooms
4
Full Baths
3
Total Baths
3
Rentals Allowed
With Restrictions
Total Units
0

Association Info

Mandatory Home Owners Asc
Yes
1st Right of Refusal
Yes
Association Fee $
8050
Assoc/Mnt Fee Per
Quarterly

Dockage

Dock Length
150
First Come Dock
Yes

More Information

Building Style

Above Flood
Yes
Stories
3 Stories

Pool Info

Heated
Yes
In Ground
Yes
Concrete
Yes

Remarks & Misc

Remarks – Consumer
Only sophistication and class represented in Islamorada's most exclusive development, Tarpon Flats. This rare offering has underwent a full high-end renovation to satisfy the most distinguished buyer. The elegant paver driveway leads up to pristine grounds showing off it's manicured landscaping. One of only 12 luxury bayfront homes on a sprawling four-acre parcel. The property exudes a unique charm blending Old Florida allure with the timeless essence of Nantucket. Covered parking and a versatile multi-purpose room on the ground floor with a foyer entry. On the second floor you will find an open living space with the kitchen & dining room overlooking the bay, 2 bedrooms/2 bathrooms, and serene positioning for nightly sunsets. The third floor is dedicated to the master suite and maid's quarters with more amazing views from the private balcony. If amenities are what you're after, Tarpon Flats delivers on all fronts: a beautiful tennis court with covered seating for spectators, a rare greenhouse to nurture your beloved plants, a waterfront pool & gazebo leading down to the beachfront, and plenty of dockage for your skiff. Come see the exclusivity of Tarpon Flats for yourself.

Fee Includes

Bldg Exterior Mnt
Yes
Building Insurance
Yes
Common Area Mnt
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Gas Appliances
Yes
Microwave
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes
Stainless Steel Appliance(s)
Yes
Washer
Yes

Pets

Pets Allowed
Yes

Cooling

Central Air
Yes

Waterfront

Bay Front
Yes

Waterview

Bay/Gulf View
Yes

Floor

Laminate
Yes
Tile
Yes

Neighborhood Feature

Beach
Yes
Community Dockage
Yes
Community Pool
Yes
Tennis Courts
Yes

Interior Features

Built-in Cabinets
Yes
Drapes/Blinds Incl
Yes
Entrance Foyer
Yes
Pantry
Yes
Quartz Countertops
Yes
Walk-in Closet(s)
Yes
Wet Bar
Yes

Specialty Rooms

Workshop
Yes

Windows/Doors

Impact Rstnce Doors
Yes
Impact Rstnce Window
Yes

Vehicle Storage

Carport
Yes
Covered Parking
Yes
Guest Parking
Yes
Off Street Parking
Yes

Security

Electric Gate
Yes

Construction

CBS
Yes

Land Size

2 Less Than 5 Acres
Yes

Furnished

Furnished
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Porch/Balcony

Open Porch/Balcony
Yes

Exterior Features

Gazebo
Yes
Sandy Beach
Yes
Tennis Court(s)
Yes

Roof

Metal Roof
Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Common Area Mnt Tax Exemptions: None Waterfront: Bay Front Waterview: Bay/Gulf View Dockage: First Come Dock Vehicle Storage: Carport; Covered Parking; Guest Parking; Off Street Parking Furnished: Furnished Cooling: Central Air Utilities: FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Entrance Foyer; Pantry; Quartz Countertops; Walk-in Closet(s); Wet Bar Specialty Rooms: Workshop Appliances: Dishwasher; Disposal; Dryer; Gas Appliances; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Gazebo; Sandy Beach; Tennis Court(s) Pool Info: In Ground; Concrete Construction: CBS Floor: Laminate; Tile Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Beach; Community Dockage; Community Pool; Tennis Courts Security: Electric Gate Land Size: 2 Less Than 5 Acres
Listing Office: Palm House Real Estate
Last Updated: January - 28 - 2026
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