83201 Old Highway 504, Upper Matecumbe Key Islamorada, FL 33036
New Listing
$950,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
1,275
Status:
Active
Current Price:
$950,000
List Date:
12/22/2025
Last Modified:
12/22/2025
Description
Exclusive Beacon Reef Unit 504 presents a rare opportunity in the heart of downtown Islamorada. This updated top-floor residence offers higher ceilings, enhanced views, and a larger porch—creating a true penthouse feel. The property is impeccably maintained and delivers a resort-style lifestyle set against beautifully landscaped, oceanfront grounds.
Located just steps from world-class fishing, diving, acclaimed restaurants, galleries, shops, and island attractions, Beacon Reef places the best of Islamorada right outside your door. Residents enjoy an ocean-view fitness center, an oceanside pool just off the sandy beach, and a spacious hot tub overlooking the Atlantic.
For boaters and anglers, the recently renovated deep-water dock provides first-come, first-serve dockage for vessels up to 35 feet, complete with an ice maker and fish-cleaning station—plus the ability to fish directly from the dock. Outdoor living is equally well thought out, with a covered BBQ area ideal for preparing the day's catch while taking in open ocean views and enjoying time with family and friends in a true resort-style setting.
Whether you're a dedicated angler or seeking a turnkey island retreat, Unit 504 at Beacon Reef offers an exceptional combination of location, amenities, and effortless Keys living.
More Information MLS# 617798
Contract Information
Listing Board: Florida Keys
Current Price: $950,000
Listing Date: 2025-12-19
List Price: $950,000
Location, Tax & Legal
Unit #: 504
City: ISLAMORADA
Mile Marker: 83
Marathon Neighborhood: N/A
Side: Ocean
Alternate Key #: 8628137
Parcel #: 00094580-000186
Zoning: MF - Multi-Family Attached
Deed Restrictions: Unknown
Legal: UNIT 504 BLDG 2 BEACON REEF CONDOMINIUM OR854-1522/23 OR1095-1948 OR1634-593 OR1686-1755 OR1686-1756/57 OR2607-524/25
Taxes: 7152.87
Tax Year: 2025
Pub Sewer HkUp: Yes
Street #: 83201
Street Name: Old
Street Suffix: Highway
Key/Island: Upper Matecumbe Key Islamorada
State/Province: FL
Zip Code: 33036
County: Monroe
Subdivision: Beacon Reef (83.0)
Area: 23 - Upper Matecumbe
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Waterfront: Yes
Control Depth: 4
Lot SqFt: 0
Unit/Complex: Unit
Pool: Yes
Total Units: 0
SqFt Source: Tax Records
Rentals Allowed: With Restrictions
Style: Condo
Year Built: 1982
Living Apx SqFt: 1275
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: Exclusive Beacon Reef Unit 504 presents a rare opportunity in the heart of downtown Islamorada. This updated top-floor residence offers higher ceilings, enhanced views, and a larger porch—creating a true penthouse feel. The property is impeccably maintained and delivers a resort-style lifestyle set against beautifully landscaped, oceanfront grounds.
Located just steps from world-class fishing, diving, acclaimed restaurants, galleries, shops, and island attractions, Beacon Reef places the best of Islamorada right outside your door. Residents enjoy an ocean-view fitness center, an oceanside pool just off the sandy beach, and a spacious hot tub overlooking the Atlantic.
For boaters and anglers, the recently renovated deep-water dock provides first-come, first-serve dockage for vessels up to 35 feet, complete with an ice maker and fish-cleaning station—plus the ability to fish directly from the dock. Outdoor living is equally well thought out, with a covered BBQ area ideal for preparing the day's catch while taking in open ocean views and enjoying time with family and friends in a true resort-style setting.
Whether you're a dedicated angler or seeking a turnkey island retreat, Unit 504 at Beacon Reef offers an exceptional combination of location, amenities, and effortless Keys living.
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: Yes
Association Fee $: 5000
Assoc/Mnt Fee Per: Quarterly
Fee Includes
Bldg Exterior Mnt: 1
Building Insurance: 1
Cable: 1
Common Area Mnt: 1
Sewer: 1
Water: 1
Dockage
Dock Length: 465
Dock: Wood
Dock Privileges: 1
First Come Dock: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Washer: 1
Wine Cooler: 1
Pets
Pets w/Restrictions: 25 lb dog
Cooling
Central Air: 1
Waterfront
Oceanfront: 1
Open Water: 1
Waterview
Ocean View: 1
Open Water View: 1
Floor
Carpet: 1
Combo: 1
Tile: 1
Neighborhood Feature
Beach: 1
Clubhouse: 1
Community Dockage: 1
Community Pool: 1
Manager on Premises: 1
Interior Features
Bar: 1
Built-in Cabinets: 1
Elevator: 1
Granite Counter Top: 1
Pantry: 1
Wet Bar: 1
Building Style
Above Flood: Yes
Stories: 5 Stories
Windows/Doors
Impact Rstnce Window: 1
Security
Electric Gate: 1
Construction
CBS: 1
Land Size
2 Less Than 5 Acres: 1
Furnished
Negotiable: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Porch/Balcony
Open Porch/Balcony: 1
Exterior Features
Built-in Grill: 1
Chickee Hut: 1
Fencing: 1
Hot Tub: 1
Sandy Beach: 1
Sprinkler System: 1
Storage: 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; Cable; Common Area Mnt; Sewer; Water
Tax Exemptions: None
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Dockage: Dock Privileges; First Come Dock
Furnished: Negotiable
Cooling: Central Air
Utilities: FKAA; Municipal Sewer
Interior Features: Bar; Built-in Cabinets; Elevator; Granite Counter Top; Pantry; Wet Bar
Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer; Wine Cooler
Exterior Features: Built-in Grill; Chickee Hut; Fencing; Hot Tub; Sandy Beach; Sprinkler System; Storage
Pool Info: In Ground; Concrete
Construction: CBS
Floor: Carpet; Combo; Tile
Roof: Metal Roof
Neighborhood Feature: Beach; Clubhouse; Community Dockage; Community Pool; Manager on Premises
Security: Electric Gate
Land Size: 2 Less Than 5 Acres
Listing Office:
Palm House Real Estate
Last Updated: December - 22 - 2025
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.
