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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
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