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$399,900 Contingent

  • For Sale
  • Contingent
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 1 Partial Bath
  • 827 Sq. Ft.
  • Updated 11 days ago
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LET'S MAKE A DEAL! Seller has just reduced this condo by $50,000. At this price, this updated 1BR/1.5BA condo is the largest one bedroom condo available for sale in the Upper Keys. Located at The Palms of Islamorada, Mile Marker 79.9, this is one of the area's premier ocean front complexes. Jump on this opportunity now. Grab this unit before someone else does. The Palms of Islamorada oceanfront condominium complex offers many luxuries heated pool, hot tub, several small Tiki's for sun shade, large Tiki with outdoor TV, fish cleaning station, boat rack and ramp for non-motorized water toys, fire pit, separate men's and women's exercise rooms with updated equipment, community gathering room with kitchen, and lush tropical landscaping. Minimum 28 day rentals ensure minimum turnover. While this unit does not have ocean views, the complex does. The property has unobstructed views of the Atlantic Ocean and faces Alligator Reef lighthouse. Have your morning coffee on the 2nd floor veranda just steps from this unit and watch the fishing boats head out for the day. Why pay rent when you can own? 827 SF of living space and lots of storage make this unit a comfortable place to call home or rent for income. Numerous recent updates include: new stainless dishwasher; new range/oven; and refrigerator; on-demand hot water heater; central air; balcony; luxury waterproof engineered floors; and walk-in closet. The Palms Condominiums has completed the state mandated SIRS and MILESTONE inspections. Reports are available upon request and this unit has a wind mitigation certification. The furnishings in the photos are 'virtual' to help envision how spacious each room is. There is no furniture included. Islamorada, Florida, is known as the ''Sportfishing Capital of the World'' and offers numerous water sports, fishing charters, marine parks and coral reefs for snorkeling and diving.

Full Property Details for 79901 Overseas Hwy #218

General

  • Price: $399,900
  • HOA FEE: $763/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $2,985 (2025)
  • Status: Contingent
  • Type: Condo
  • Source: 927
  • MLS ID: 616424
  • Updated: 1/7/2026
  • Added to Site: 131 day(s) ago

Interior

  • Rooms/Areas: Gym, Laundry Room
  • Interior Features: Drapes/Blinds Incl, Built-in Cabinets, Quartz Countertops, Window Treatments, Walk-in Closet(s), Elevator, Pantry
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Freezer, Disposal, Microwave, Oven, Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Additional Information

  • Shared Amenities: Community Pool, Spa, Bike Paths, Other Area Features, Fire Hydrant, Manager on Premises, Clubhouse
  • Pool: Yes
  • Pool Description: In Ground, Decked, Concrete
  • Spa: Yes
  • Security/Safety: Electric Gate

Exterior

  • Exterior Features: Chickee Hut, Outdoor Shower, Lighting, Hot Tub, Fencing
  • Deck/Patio: Open Porch/Balcony

Parking

  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking: Assigned Parking, Vehicle Restrictions, Off Street Parking, Guest Parking

Location

  • Area: 23 - Upper Matecumbe
  • County: Monroe
  • Subdivision: Palms of Isla (80.0)
  • Driving Directions: Located at MM 79.9 on the ocean side between Bud n' Mary's, Lazy Days Restaurant and Amara Cay.

Community

  • Assoc. Fees Include: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • Pets Allowed: Yes
  • Pet Restrictions: Max 20 lbs.

Heating & Cooling

  • Cooling Type: Central Air, Ceiling Fans(s)
  • Heating Type: Central, Electric

Utilities

  • Water: No Waterview
  • Utility Description: FKAA, Elect Separate Meter, Municipal Sewer

Structural Information

  • Architectural Style: Condo
  • Construction Status: Updated/Remodeled
  • Construction: CBS, Concrete
  • Roof: Concrete Roof
  • Windows/Doors: Glass Doors, Impact Rstnce Window, Casement, Sliding Glass Doors
  • Wiring: Cable
  • Entry Floor Number: 2
  • Stories/Levels: 5 Stories
  • Square Feet: 827
  • Sq. Ft. Source: Property Data Card
  • Year Built: 1976
  • Property Condition: Updated/Remodeled

Unit Information

  • Unit Floor in Bldg.: 2
  • Unit Type: Complex

Lot Features

  • Zoning: MF - Multi-Family Attached

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Oceanfront
  • Dock Description: None

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $2,289
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $2,985
  • Tax Year: 2025
  • Terms: No Seller Finance, Cash, Conventional

Disclosures and Reports

  • Legal Description: THE PALMS OF ISLAMORADA A CONDOMINIUM UNIT 218 & .84% COMMON ELEMENTS OR825-1360
  • Restrictions: Yes
  • Flood Zone: VE, AE, AE, VE, AE, AE, AE
  • APN: 00096770-002200

Listed by Paradise Florida Keys Real Estate, Andrea (Andi) Saylor (305) 407-4326

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Listing agent

— 79901 Overseas Hwy #218 —

  • Andrea (Andi) Saylor

    Paradise Florida Keys Real Estate

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 79901 Overseas Hwy #218

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Plantation Key School
100 Lake Road, Tavernier, FL 33070
PK-89.6 mi
Key West High School
2100 Flagler Avenue, Key West, FL 33040
9-1274.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 79901 Overseas Hwy #218 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/15/2025
Price Reduced
$399,900
-11.11%
MLS
9/09/2025
Listed
$449,900
—
MLS
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 79901 Overseas Hwy #218

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,986
—
$343,088
3%
2024
$2,986
4%
$334,642
3%
2023
$2,859
20%
$326,184
48%
2021
$2,386
-6%
$220,456
-16%
2022
$2,548
7%
$262,748
22%
2021
$2,386
8%
$216,227
10%
2019
$2,200
—
$196,217
—
2018
$2,193
5%
$196,217
4%
2017
$2,087
-5%
$189,361
—
2016
$2,201
5%
$189,361
4%
2015
$2,102
8%
$182,068
10%
2014
$1,945
4%
$165,517
6%
2013
$1,862
—
$155,912
—
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 79901 Overseas Hwy #218

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

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NMLS#: 1598647

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Listed by Paradise Florida Keys Real Estate, Andrea (Andi) Saylor (305) 407-4326

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Recent Sales near 79901 Overseas Hwy #218

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79901 Overseas Highway #218, Islamorada, FL 33036 (MLS# 616424) is a Condo property with 1 bedroom, 1 full bathroom and 1 partial bathroom. 79901 Overseas Highway #218 is currently listed for $399,900 and was received on September 09, 2025. Want to learn more about 79901 Overseas Highway #218? Do you have questions about finding other Condo 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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