PALMS OF ISLAMORADA

79901 Overseas Hwy # 403, Islamorada FL 33036

2 beds · 2 baths · 981 ft²

Closed

$475,000

Est. Payment $2,528/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

981

Sq. Ft.

1976

Year Built

4

Stories

11

Days on Market

Description

LOWEST PRICED OCEANFRONT CONDO in Islamorada! Enjoy magnificent views of Alligator Lighthouse from your patio in this rare 2 bed/2 bath condo in one of the most sought after locations in the Florida Keys. Successful rental history makes this unit a great investment property. Washer/Dryer in unit. Gated entrance for your privacy and security. Amenities include heated pool and spa, covered parking, kayak and paddle board storage, tiki hut with outdoor grills, ice machine, exercise facilities, etc. The grounds are impeccably maintained by onsite management. Easy to show, this won't last long!

Facts

MLS#
A11030901
Subdivision
PALMS OF ISLAMORADA
Property Type
Residential
Property Sub Type
Condominium
Year Built
1976
Lot Size
0 sqft
Sq. Ft.
981 ft²
Sq. Mt.
91 m²
Price per sq. ft.
$484/ft²
Price per sq. mt.
$5,220/m²
Stories
4
Garage
Pool
Days on Market
11 days
Listed
Apr 15, 2021
Last Updated
May 19, 2021
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Islamorada

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

36

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/19/2021Sold$475,000
4/15/2021Listed for sale$475,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

79901 Overseas Hwy # 403, Islamorada FL 33036Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$3,074/mo

Principal & Interest

$2,528

Property Tax

$396

Insurance

$150

HOA

$0

20% ($95,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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