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$2,950,000 Just Listed

  • For Sale
  • Active
  • Condo / Townhouse
  • 4 Beds
  • 3 Full Baths
  • 2,072 Sq. Ft.
  • Updated 4 days ago
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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.

Full Property Details for 81250 Overseas Hwy #5

General

  • Price: $2,950,000
  • HOA FEE: $2,683/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $13,089 (2023)
  • Status: Active
  • Type: Condo /Townhouse
  • Source: 927
  • MLS ID: 613383
  • Updated: 1/29/2025
  • Added to Site: 4 day(s) ago

Interior

  • Rooms/Areas: Workshop
  • Interior Features: Drapes/Blinds Incl, Quartz Countertops, Walk-in Closet(s), Pantry, Wet Bar
  • Appliances: More Appliances, Stainless Steel Appliance(s), Ice Machine, Gas Appliances, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer, Washer
  • Furnished: Yes
  • Furnishings: Furnished
  • Flooring: Tile, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Shared Amenities: Community Pool, Beach, Clubhouse, Community Dockage
  • Pool: Yes
  • Pool Description: In Ground, Concrete
  • Security/Safety: Electric Gate

Exterior

  • Exterior Features: Gazebo
  • Deck/Patio: Open Porch/Balcony

Parking

  • Carports: Yes
  • Parking: Carport, Guest Parking

Location

  • Area: 23 - Upper Matecumbe
  • County: Monroe
  • Subdivision: Bay Colony Villas (81.5)
  • Driving Directions: MM81.2 bayside

Community

  • Assoc. Fees Include: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Pets Allowed: Yes

Utilities

  • Water: Bay/Gulf View
  • Utility Description: FKAA, Municipal Sewer

Structural Information

  • Architectural Style: Single Family
  • Construction Status: Updated/Remodeled
  • Construction: CBS
  • Roof: Metal Roof
  • Windows/Doors: Other Windows/Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Dock Size: 150
  • Stories/Levels: 3 Stories
  • Square Feet: 2,072
  • Sq. Ft. Source: Tax Records
  • Year Built: 1985
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Sq. Ft.): 167,000
  • Zoning: MF - Multi-Family Attached

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Bay Front
  • Dock Description: First Come Dock

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $8,050
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $13,089
  • Tax Year: 2023

Disclosures and Reports

  • Legal Description: 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
  • APN: 00404641-000500

Listed by Coastal Realty of the Florida Keys, Drew Moret (305) 393-3331 and Coastal Realty of the Florida Keys, AJ Vetter (305) 304-8841

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Listing agents

— 81250 Overseas Hwy #5 —

  • Drew Moret

    Coastal Realty of the Florida Keys

  • AJ Vetter

    Coastal Realty of the Florida Keys

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 81250 Overseas Hwy #5

School District:Monroe County School District
RatingNameGradesDistance
8
Plantation Key School
100 Lake Rd, Tavernier, FL 33070
PK-88.5 mi
6
Key West High School
2100 Flagler Ave, Key West, FL 33040
6-1275.4 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 81250 Overseas Hwy #5 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/29/2025
Listed
$2,950,000
96.67%
MLS
10/26/2015
Sold
$1,500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 81250 Overseas Hwy #5

Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,920
6%
$1,521,695
8%
2023
$13,089
16%
$1,407,574
32%
2021
$11,261
-8%
$1,066,560
-19%
2022
$12,210
8%
$1,314,128
10%
2021
$11,261
-18%
$1,195,842
-7%
2019
$13,676
3%
$1,285,416
3%
2018
$13,265
2%
$1,251,065
—
2017
$13,040
-6%
$1,255,721
—
2016
$13,853
23%
$1,261,347
27%
2015
$11,294
12%
$991,201
10%
2014
$10,070
-1%
$901,092
—
2013
$10,196
—
$904,667
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 81250 Overseas Hwy #5

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Coastal Realty of the Florida Keys, Drew Moret (305) 393-3331 and Coastal Realty of the Florida Keys, AJ Vetter (305) 304-8841

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183 Azalea St  Tavernier, FL 33070

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113 Key Heights Dr, Tavernier, FL 33070 - Photo 1 Just Listed
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Listed by Coastal Realty of the Florida Keys, James Maybank

Price Reduced near 81250 Overseas Hwy #5

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200 Cuba Rd, Tavernier, FL 33070 - Photo 1 Price Reduced
-$59,900 (-10.42%)
$515,000

200 Cuba Rd  Tavernier, FL 33070

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173 Hibiscus St, Tavernier, FL 33070 - Photo 1 Price Reduced
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173 Hibiscus St  Tavernier, FL 33070

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Listed by The Keyes Company - Sarasota
219 Hispanola Rd, Tavernier, FL 33070 - Photo 1 Price Reduced
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219 Hispanola Rd  Tavernier, FL 33070

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136 Plantation Shores Dr, Tavernier, FL 33070 - Photo 1 Price Reduced
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136 Plantation Shores Dr  Tavernier, FL 33070

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Recent Sales near 81250 Overseas Hwy #5

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85327 Overseas Hwy, Islamorada, FL 33036 - Photo 1 Sold
$3,300,000

85327 Overseas Hwy  Islamorada, FL 33036

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  • 4
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  • 3
    Total Baths
  • 2,880
    Sq. Ft.
Listed by Island Equity Real Estate, Jocelyn Tiedemann and Island Equity Real Estate, Holly Hight
Sold by Island Equity Real Estate, Jocelyn Tiedemann
148 Leoni Dr, Islamorada, FL 33036 - Photo 1 Sold
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148 Leoni Dr  Islamorada, FL 33036

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    Sq. Ft.
Listed by Coldwell Banker Schmitt Islamorada, Brett Newman and Coldwell Banker Schmitt Islamorada, Margo Newman
Sold by Real Estate Sales Force, Inc., LeAnn Kiddell
140 Severino Dr, Islamorada, FL 33036 - Photo 1 Sold
$2,600,000

140 Severino Dr  Islamorada, FL 33036

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  • 2
    Total Baths
  • 1,512
    Sq. Ft.
Listed by Realty Executives of SWFL, Kelly J Barnes
Sold by Coldwell Banker Schmitt Islamorada, Brett Newman
140 Severino Dr, Islamorada, FL 33036 - Photo 1 Sold
$2,600,000

140 Severino Dr  Islamorada, FL 33036

  • Single Family
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,512
    Sq. Ft.

81250 Overseas Highway #5, Islamorada, FL 33036 (MLS# 613383) is a Condo / Townhouse property with 4 bedrooms and 3 full bathrooms. 81250 Overseas Highway #5 is currently listed for $2,950,000 and was received on January 29, 2025. Want to learn more about 81250 Overseas Highway #5? Do you have questions about finding other Condo / Townhouse real estate for sale in Islamorada? You can browse all Islamorada real estate or contact a Coldwell Banker agent to request more information.

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