79901 Overseas Higway # 204, Islamorada FL 33036, ISLAMORADA, FL, 33036
Active207 days on marketListed Jan 19, 2026MLS #A11952214
About this home
79901 Overseas Higway # 204, Islamorada FL 33036
Spectacular Direct Ocean Views! Islamorada's Best-Kept Secret! This beautifully appointed 2-bedroom, 2-bath residence offers breathtaking, unobstructed ocean views from your private waterfront balcony. Step outside and enjoy a refreshing swim in the oceanfront pool or take a dip directly in the crystal-clear Atlantic. Perfectly situated near Bud & Mary's Marina and just minutes from Islamorada's most beloved restaurants, this location captures the very best of island living. This property is truly a must-see—and it's priced to sell. Seller will consider all reasonable offers.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1976
Year built
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$4,693 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$4,693/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Islamorada
Get to know Islamorada. See the full Islamorada guide →
ISLAMORADA 33036 — neighborhood snapshot
Population
3,632
Median age
56.1
Median income
$88,214
Median home value
$995,600
Avg household
2.17
Households w/ children
235
For the school run
Monroe County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Islamorada market
$2.9M → $1.5M
Islamorada median sold, yr/yr
89.9%
Sale-to-list ratio (12 mo)
This home is listed 67% below the ISLAMORADA 33036 median. See the full Islamorada market guide →
Paper trail
This home's history
Reality check
What actually sold near 79901 Overseas Higway # 204
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$1,200,000
218 Matecumbe Ave, Islamorada FL 33036
3 bd · 2.5 ba · 1,071 sqft · $1,120/sqft · 29 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 79901 Overseas Higway # 204 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 79901 Overseas Higway # 204 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
79901 Overseas Higway # 204 FAQs
What would the monthly payment be for 79901 Overseas Higway # 204, Islamorada FL 33036?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,693/mo — principal and interest, the actual property-tax bill, the $1,181/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 79901 Overseas Higway # 204, Islamorada FL 33036?+
The association fee works out to $1,181 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 79901 Overseas Higway # 204, Islamorada FL 33036?+
The most recent tax bill on record (2025) was $4,598. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 79901 Overseas Higway # 204, Islamorada FL 33036?+
The listing reports pets: Maximum 20 Lbs. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Islamorada?+
At $469,000, this home is listed about 87% below the Islamorada median of $3,595,000. The market section on this page shows how the area is trending.
Which schools are assigned to 79901 Overseas Higway # 204, Islamorada FL 33036?+
Coral Shores High School (high) — Monroe County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Under the ISLAMORADA 33036 market on paper
$469,000 is 67% below the ISLAMORADA 33036 median of $1,412,500.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $1,181/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
207 days on market against a Islamorada median of 83 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $590,000, now $469,000 — a $121K cut. The full history is in the market section below.
Listing courtesy of LoKation · Tracey Petrusha. MLS #A11952214.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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