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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: 12/16/2025

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 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.

More Information MLS# 615996

Contract Information

Listing Board: Florida Keys Current Price: $2,600,000 Listing Date: 2025-07-31 List Price: $2,600,000

Location, Tax & Legal

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 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

General Property Description

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

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.

Association Info

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

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Common Area Mnt: 1

Dockage

Dock Length: 150 First Come Dock: 1

Tax Exemptions

None: 1

Appliances

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

Pets

Pets Allowed: 1

Cooling

Central Air: 1

Waterfront

Bay Front: 1

Waterview

Bay/Gulf View: 1

Floor

Laminate: 1 Tile: 1

Neighborhood Feature

Beach: 1 Community Dockage: 1 Community Pool: 1 Tennis Courts: 1

Interior Features

Built-in Cabinets: 1 Drapes/Blinds Incl: 1 Entrance Foyer: 1 Pantry: 1 Quartz Countertops: 1 Walk-in Closet(s): 1 Wet Bar: 1

Specialty Rooms

Workshop: 1

Building Style

Above Flood: Yes Stories: 3 Stories

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Carport: 1 Covered Parking: 1 Guest Parking: 1 Off Street Parking: 1

Security

Electric Gate: 1

Construction

CBS: 1

Land Size

2 Less Than 5 Acres: 1

Furnished

Furnished: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1

Exterior Features

Gazebo: 1 Sandy Beach: 1 Tennis Court(s): 1

Pool Info

In Ground: 1 Heated: Yes Concrete: 1

Roof

Metal Roof: 1

Status Change Info

Status: Active

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: December - 16 - 2025
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