SHADY PALMS, A CONDOMINIU
76777 Overseas Hwy #2, Islamorada FL 33036
2 beds · 1 baths · 504 ft²
$749,000
Est. Payment $3,986/mo
2
Bedrooms
1
Bathrooms
504
Sq. Ft.
1970
Year Built
13
Days on Market
Description
Invest in the Florida Keys! Opportunities abound with this distinctive property in Islamorada. It is ideal for investors interested in a vacation rental property as it is zoned as a motel and can be rented nightly. This stand-alone Villa is located in the Shady Palms Condo Association on Lower Matecumbe Key and features a private backyard and side yard. Complete with two bedrooms and one bathroom, this residence has been impeccably renovated and tastefully decorated with a new kitchen, bathroom, deck, washer/dryer, concrete columns under the house, new furniture, and extensive improvements. There are 7 units in this community that offers a private pool, community boat ramp on the street, low monthly HOA, and beautiful landscaping.
Facts
- MLS#
- A11260248
- Subdivision
- SHADY PALMS, A CONDOMINIU
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1970
- Lot Size
- 37,500 ft²
- Sq. Ft.
- 504 ft²
- Sq. Mt.
- 47 m²
- Price per sq. ft.
- $1,486/ft²
- Price per sq. mt.
- $15,936/m²
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 13 days
- Listed
- Aug 19, 2022
- Last Updated
- Sep 30, 2022
- Price/Lot Sq.Ft.
- $20/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
$724,999
2 bd · 1 ba · 504 sqft
76777 Overseas Highway, Other City - Keys/Islands/Caribbean FL 33036
SOLD$750,000
2 bd · 2 ba · —
81801 Overseas Highway # 743, Islamorada FL 33036
SOLD$729,900
2 bd · 3 ba · 1,345 sqft
87200 Overseas Hwy # R2, Islamorada FL 33036
SOLD$719,000
2 bd · 2 ba · 1,224 sqft
82207 Old Hwy, Islamorada FL 33036
SOLD$699,000
2 bd · 2 ba · 1,359 sqft
87200 Overseas Hwy # H4, Islamorada FL 33036
SOLD$649,000
2 bd · 2 ba · —
87455 Old Hwy # 254, Islamorada FL 33036
SOLD$649,000
2 bd · 1 ba · 504 sqft
76777 Overseas Hwy, Islamorada FL 33036
SOLD$750,000
3 bd · 2 ba · 1,593 sqft
88181 Old Hwy 2g Hwy # 2G, Islamorada FL 33036
Market insights for Islamorada
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
October 2026
84
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).
| 9/30/2022 | Sold | $749,000 |
| 8/19/2022 | Listed for sale | $749,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$4,761/mo
Principal & Interest
$3,986
Property Tax
$624
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours