$1,525,000
87851 Old Hwy M42 M42
Islamorada, FL 33036
Ocean Harbour
Explore the area: Monroe County real estate
Price Check
How this price compares
- List price
- $1,525,000
- Price per sq ft
- $878
- Original price
- Unchanged
- Days on market
- 41
This 3-bedroom condo is listed at $1,525,000, or $878 per square foot. It has been on the market for 41 days.
Estimated monthly payment
$8,015 /mo
Principal and interest only, based on $305,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,525,000
- Days on Site
- 41 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,736 sqft
- Total Sq Ft
- 1,736 sqft
- Year Built
- 1989
- Property Type
- Condo
- MLS #
- A12024447
- Property Tax
- $4,906 (2025)
- HOA Fees
- $4,049 / Quarterly
- Subdivision
- Ocean Harbour
- County
- Monroe
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1989
- Number of Stories
- 4
- Garage Spaces
- 0
- Parking
- Attached Carport / Assigned / Covered / Carport
- Living Sq Ft
- 1,736
- Total Sq Ft
- 1,736
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator / Washer
- Cooling
- Central Air / Ceiling Fans
- Heating
- Heat Strip
- Flooring
- Tile
- Interior Features
- Breakfast Bar / Bedroom On Main Level / Dual Sinks / Elevator / Family Dining Room / Separate Shower / Walk In Closets
- Laundry
- Washer Hookup / Dryer Hookup
- Furnished
- Negotiable
Exterior Features
- Construction
- Block / Frame / Stucco
- Exterior Features
- Barbecue
- Architectural Style
- Other
- Pool Features
- Association / Heated
- Waterfront
- Yes
- Waterfront Features
- Ocean Access / Ocean Front
- View
- Ocean / Water
Community & HOA
- HOA Fee
- $4,049 / Quarterly
- HOA Includes
- Common Areas / Maintenance Grounds / Maintenance Structure / Pools / Security
- Association Amenities
- Bike Storage / Fitness Center / Maintenance Grounds / Management / Picnic Area / Pool / Parking / Tennis Courts / Elevators
- Security
- Fire Sprinkler System / Security Fence
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- MLS Area
- 5940 - Other Florida County
Schools
- Elementary School
- Plantation Key
- Middle School
- Plantation Key
- High School
- Coral Shores
About the Area
- Homes for Sale
- 57
- Median List Price
- $3,350,000
- Median $/Sq Ft
- $1,192
- Avg Days on Market
- 140
Frequently Asked Questions
- How do I schedule a tour of 87851 Old Hwy M42 M42, Islamorada, FL 33036?
- Use the Tour button on this listing to request a showing of 87851 Old Hwy M42 M42, Islamorada, FL 33036. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 87851 Old Hwy M42 M42, Islamorada, FL 33036 still available?
- 87851 Old Hwy M42 M42, Islamorada, FL 33036 is currently listed as Active, and has been on the market 41 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 87851 Old Hwy M42 M42, Islamorada, FL 33036?
- With 20% down ($305,000) on the $1,525,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 87851 Old Hwy M42 M42, Islamorada, FL 33036 is about $8,015/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 87851 Old Hwy M42 M42, Islamorada, FL 33036?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 87851 Old Hwy M42 M42, Islamorada, FL 33036. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 87851 Old Hwy M42 M42, Islamorada, FL 33036 have an HOA fee?
- Yes: 87851 Old Hwy M42 M42, Islamorada, FL 33036 carries an HOA fee of about $4,049 quarterly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 87851 Old Hwy M42 M42, Islamorada, FL 33036?
- 87851 Old Hwy M42 M42, Islamorada, FL 33036 is zoned for Plantation Key (elementary), Plantation Key (middle), Coral Shores (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 87851 Old Hwy M42 M42, Islamorada, FL 33036?
- Often, yes. The right offer on 87851 Old Hwy M42 M42, Islamorada, FL 33036 depends on how it's priced against comparable condo sales in Islamorada, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of American Caribbean Real Estate
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 25, 2026.
$1,525,000
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Listed by Carolyn Cotter Ambler, American Caribbean Real Estate
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