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Property Description & Video
87851 Old Hwy #M42, Islamorada, FLVideo Tour of 87851 Old Hwy #M42, Islamorada, FL.
Islamorada top-floor condo at Ocean Harbour with Atlantic ocean views and a boat slip. 3 bedroom, 2 bathroom luxury condo offers expansive ocean views and comfortable living space. The thoughtfully redesigned floor plan enhances the primary suite layout, adds a third bedroom, updates both bathrooms, and expands the living area by enclosing the porch as additional interior living space; maximizing functionality, comfort, and guest accommodations. Features updated appliances, hurricane impact glass, boat slip #33 and one covered parking space. Elevated waterfront living within this premier gated community featuring beach areas, oceanfront clubhouse, swimming pool, spa, gym, pickleball and tennis courts, EV charging station, boat ramp, and boat trailer storage. The beach tiki is ideal for entertaining with a grill, ice maker, and TV. Pets allowed with restrictions. Enjoy boating, fishing, kayaking, paddle boarding, nearby restaurants, medical care, boutique shopping, and art galleries. Bring your boat and experience the best of Florida Keys waterfront living.
Full Property Details
Full Property Details for 87851 Old Hwy #M42
General
- Price: $1,525,000
- HOA FEE: $1,350/month
- HOA FEE FREQ.: Quarterly
- Taxes: $4,906 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12024447
- Updated: 5/26/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Elevator, Fire Sprinklers, Walk-In Closet(s)
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
- Furnishings: Furniture For Sale, Furniture Negotiable
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Dual Sinks
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Entry Level, Primary Bath Shower
Other Rooms
- Dining Room: Family/Dining Combination, Snack Bar/Counter
- Laundry: Washer/Dryer Hook-Up
Additional Information
- Shared Amenities: Barbecue, Bike Storage, Boat Dock, Elevator(s), Exercise Room, Heated Pool, Pickleball, Pool, Tennis Court(s)
- Maint. Includes: All Amenities, Building Exterior, Common Area, Elevator, Landscaping/Lawn Maintenance, Manager, Outside Maintenance, Parking, Pool Service, Security
- Security/Safety: Fire Sprinklers, Complex Fenced
Exterior
- Exterior Features: Other, Barbecue
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Attached Carport, 1 Space, Assigned, Covered, Other
Location
- Area: Ocean Harbour
- County: Monroe County
- Subdivision: Ocean Harbour
- Building Name: Ocean Harbour
- Driving Directions: Florida Keys, Mile Marker 87.5 oceanside. Gated complex.
Community
- Community Name: Ocean Harbour
- Association: Yes
- Units Assoc/Comm: 68
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Heat Strip
Structural Information
- Structure Type: Condo 1-4 Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction, CBS Construction, Frame With Stucco
- Doors: High Impact Doors
- Entry Floor Number: 4
- Building Size: 1736
- Square Feet: 1,736
- Living Area: 1,736 Sq. Ft.
- Year Built: 1989
Unit Information
- Units in Complex: 68
Lot Features
- Property View: Ocean View, Water View
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Ocean Access, Ocean Front
Financial Considerations
- Price Per Sq. Ft.: $878.46
- Association Fee: $4,049
- Assoc Fee Freq.: Quarterly
- Tax Amount: $4,906
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: UNIT M-42 OCEAN HARBOUR A CONDOMINIUM OR1138-2377
- Restrictions: No Daily Rentals
- Inclusions: Community Boat Ramp, Community Marina, Community Ramp, Dock Owned/Included, Up to 30 Ft Boat
- Property ID: 00415140-000120
Listed by American Caribbean Real Estate
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Price & Sales History for 87851 Old Hwy #M42
Date
Details
Price
Change
Source
5/26/2026
Listed
$1,525,000
—
MLS
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
Tax History for 87851 Old Hwy #M42
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,734
—
$590,217
3%
2024
$4,734
1%
$573,584
3%
2023
$4,692
—
$556,878
6%
2021
$4,669
2%
$524,912
-3%
2022
$4,592
-2%
$540,659
4%
2021
$4,669
2%
$517,665
2%
2019
$4,599
2%
$506,027
2%
2018
$4,491
4%
$496,592
2%
2017
$4,303
-4%
$486,379
2%
2016
$4,466
3%
$476,376
1%
2015
$4,349
—
$473,065
1%
2014
$4,366
1%
$469,311
2%
2013
$4,336
—
$462,375
—
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
Estimate the Cost for 87851 Old Hwy #M42
87851 Old Hwy #M42, Islamorada, FL 33036 (MLS# A12024447) is a Condo property with 3 bedrooms and 2 full bathrooms. 87851 Old Hwy #M42 is currently listed for $1,525,000 and was received on May 26, 2026. Want to learn more about 87851 Old Hwy #M42? 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.

