About This Home

This 3-bedroom, 3-bathroom single family at 81250 Overseas Highway #2 in Upper Matecumbe Key Islamorada, FL is listed for $2,485,000 ($1,199 per sqft). Built in 1985, the home offers 2,072 sqft of living space on a 1657.00 acres lot.

Key Features

  • Built in 1985
  • 1657.00 acre lot
  • Private pool
  • Waterfront

Property Details

3 full
#2
1985

Amenities

PoolWaterfrontViewA/C
Listing Description

Refined coastal living at Tarpon Flats, Islamorada's most exclusive bayfront enclave. This intimate, gated community consists of just 12 luxury residences spread across four beautifully landscaped acres. A stately paver driveway welcomes you to impeccably manicured grounds, where the charm of Old Florida meets the timeless elegance of Nantucket.

This three-story home offers a thoughtful layout and spectacular bay views throughout. The ground floor features covered parking, a versatile multi-purpose room, and access through a gracious foyer entry. Upstairs, the main living level boasts an open-concept kitchen and dining area with panoramic bay vistas, two bedrooms, two bathrooms, and a tranquil porch ideal for enjoying sunset skies.

The top floor is reserved for the expansive master suite, complete with a private balcony and sweeping waterfront views. Tarpon Flats offers an amenity-rich lifestyle tailored to the discerning buyer. Enjoy a waterfront pool and gazebo, private beachfront access, generous dockage for your skiff, a charming greenhouse, and a tennis court with shaded seating for guests.

Adding to the ease of ownership, the community provides a full-time concierge service and an on-site handyman, ensuring both comfort and convenience year-round. Sophistication, privacy, and natural beauty converge in this exceptional Islamorada retreat--come discover what makes Tarpon Flats truly one of a kind.

Monthly Cost Estimate

$21,340/mo

20% down · 6.5% · 30 years

Principal$1,797
Interest$10,768
Insurance$725
HOA$8,050

Estimates only. Actual payments may vary.

Location

81250 Overseas Highway #2

Upper Matecumbe Key Islamorada, FL 33036

Bay Colony Villas (81.5)

Features & Amenities

Interior Features

StorageWalk-in Closet(s)Quartz Countertops

Exterior Features

FencingGazeboSandy BeachTennis Court(s)

Property Details

Flooring

Tile

Construction

CBS

Views

Water

Pool Features

Pool

Cooling

Central Air

Appliances

WasherDryerDishwasherRefrigeratorRangeOvenMicrowaveDisposalGas AppliancesStainless Steel Appliance(s)

Questions & Answers

This 3-bedroom, 3-bathroom single family at 81250 Overseas Highway is listed at $2,485,000 ($1,199/sqft). The estimated monthly payment is $21,341 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $8050/month.

Key features include: Built in 1985, 1657.00 acre lot, Private pool, Waterfront. Interior Features: Storage, Walk-in Closet(s), Quartz Countertops. Exterior Features: Fencing, Gazebo, Sandy Beach.

This property is listed by Drew Moret.

DM

Drew Moret

License 3463076

Agent at Palm House Real Estate

Listed by Palm House Real Estate · Broker phone: (305) 304-8841 · View on Broker Site · Broker website

MLS# 620704· Source: Florida Keys Board of REALTORS®· 102 days on PropertySimple

Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

81250 Overseas Highway #2, Upper Matecumbe Key Islamorada, FL 33036

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