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87851 Old Hwy M42, Islamorada, FL 33036

Ocean Harbour · Monroe County

Key Facts

3Beds
2Baths
1,736Sq Ft
1989Year Built
4Stories

Description

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.

Property Information

Property Type

Residential

Sub-Type

Condominium

Style

Other

Year Built

1989

Stories

4

Living Area

1,736 sq ft

MLS® Listing#

A12024447

Property Features

Interior

Breakfast BarElevatorWalk-In Closet(s)Master Downstairs

Exterior

Barbecue

Appliances

DryerDishwasherElectric RangeElectric Water HeaterMicrowaveRefrigeratorWasher

Cooling

Central AirCeiling Fan(s)

Flooring

Tile

Pool

AssociationHeated

Parking

Attached CarportAssignedCoveredOther

Laundry

Washer Hookup

Lot Features

Waterfront

Construction

BlockFrameStucco

Security

Fire Sprinkler SystemSecurity Fence

Financial Details

HOA

$4,049 / Quarterly

Annual Taxes

$4,906

Tax year 2025

Parcel Number

00415140-000120

Directions

Florida Keys, Mile Marker 87.5 oceanside. Gated complex.

Affordability Calculator

$305,000

Estimated monthly payment

$8,117/mo

Principal $1,220,000 · Est. interest $1,702,009 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Islamorada, FL

$1,000,000
Median Listing Price
96
Median Days on Market
1,736
Median Sq Ft
$1,291
Median Price / Sq Ft
32
Active Listings
  • This home’s price is 53% above the area median.
  • Its price per sq ft is 32% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Islamorada, FL.

Location

Map showing the location of 87851 Old Hwy M42, Islamorada, FL 33036

Points of Interest in Islamorada, FL

Showing the Islamorada area map.

Nearby Schools

  • Treasure Village Montessori

    Elementary · 0.9 mi away

  • Upper Keys Academic Connections for Excellence

    Secondary · 1.1 mi away

  • Plantation Key School

    Elementary · 2.1 mi away

  • Coral Shores High School

    Secondary · 2.3 mi away

  • Montessori Island School

    Elementary · 4.4 mi away

  • Ocean Studies Charter School

    Elementary · 4.4 mi away

  • Island Community Church

    School · 4.4 mi away

  • Dolphin Montessori Children's House

    Elementary · 7.0 mi away

  • Key Largo Law

    School · 11.4 mi away

  • Ocean Studies Charter School

    Elementary · 12.2 mi away

  • Key Largo School

    Elementary · 16.7 mi away

  • Dolphin Montessori Childrens House

    Elementary · 16.9 mi away

  • The Academy at Ocean Reef

    School · 28.4 mi away

  • Abl Dade Juvenile Residential Facility

    School · 28.5 mi away

  • Miami Community Charter School

    Secondary · 33.4 mi away

  • Martin Luther Chapel

    School · 33.5 mi away

  • Lawrence Academy

    School · 33.5 mi away

  • Avant Schools of Excellence

    School · 33.5 mi away

  • Ebenezer Christian School

    Elementary · 33.5 mi away

  • First Assembly Christian Academy

    School · 33.5 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
102 Anglers Way, Islamorada, FL$1,150,000231,376
111 Anglers Way, Islamorada, FL$1,199,990231,376
87851 Old Highway M5, Islamorada, FL$1,300,000221,732
164 Venetian Dr, Islamorada, FL$1,549,000421,680

Moving Cost Estimate

EXIT Agents in Islamorada

Listing Courtesy: American Caribbean Real Estate - 3054514078

Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by MiamiAssociationOfRealtors. MLS® Listing#A12024447. © 2026EXIT Realty®. All rights reserved.