40 High Point Rd # 402, Islamorada FL 33070, ISLAMORADA, FL, 33070
Active66 days on marketListed Jun 1, 2026MLS #A12028575
About this home
40 High Point Rd # 402, Islamorada FL 33070
Move-in ready townhouse located in the heart of Islamorada! This 2-bedroom, 1.5-bath home has been well maintained and features impact windows and doors, fresh interior paint, a metal roof in 2024, newer AC, upgraded electrical throughout and a washer and dryer in the unit. The galley kitchen provides ample cabinet space, induction stove top, dishwasher and pantry. Enjoy convenient access to the community pool right from your backdoor, and a designated parking spot directly in front of the unit. Plantation Villas is an ideal entry point into the Islamorada market--perfect as a primary residence or vacation getaway. Centrally located near schools, restaurants, shops, and grocery stores. Just a couple of miles south, Founders Park offers a wide range of amenities including an Olympic-size pool, tennis, pickleball, basketball courts, ball fields, a boat ramp, beach, and regular community events.
Facts & features
The home at a glance
2
Bedrooms
1.5
Bathrooms
1,156
Sqft
1974
Year built
$301
Per sqft
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.
$3,398 /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
$3,398/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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Islamorada actives
$301 vs $1,593
Days on market
66 vs 83 typical
Where $301/sqft sits among the 20 Islamorada actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Plantation Key
Get to know Islamorada. See the full Islamorada guide →
Plantation Key — neighborhood snapshot
Population
4,945
Median age
54
Median income
$66,425
Median home value
$857,007
Avg household
2
Households w/ children
367
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)
1 of 20
Islamorada actives have cut their price
This home is listed 61% below the ISLAMORADA 33070 median. See the full Islamorada market guide →
Paper trail
This home's history
Reality check
What actually sold near 40 High Point Rd # 402
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$1,640,000
254 Navajo St, Islamorada FL 33070
2 bd · 3 ba · 1,230 sqft · $1,333/sqft · 194 DOM
Sold · Jun ’26$405,000
87465 Old Hwy # 102, Islamorada FL 33036
2 bd · 2 ba · 1,032 sqft · $392/sqft · 121 DOM
Sold · Nov ’25$565,000
87200 Overseas Hwy # F4, Plantation Key FL 33036
2 bd · 2.5 ba · 1,350 sqft · $419/sqft · 191 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 40 High Point Rd # 402 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 40 High Point Rd # 402 — 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
40 High Point Rd # 402 FAQs
What would the monthly payment be for 40 High Point Rd # 402, Islamorada FL 33070?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,398/mo — principal and interest, the actual property-tax bill, the $881/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 40 High Point Rd # 402, Islamorada FL 33070?+
The association fee works out to $881 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 40 High Point Rd # 402, Islamorada FL 33070?+
The most recent tax bill on record (2025) was $1,851. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Islamorada?+
At $348,000, this home is listed about 90% 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 40 High Point Rd # 402, Islamorada FL 33070?+
Coral Shores High School (high) — Monroe County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the ISLAMORADA 33070 market on paper
$348,000 is 61% below the ISLAMORADA 33070 median of $895,000, and at $301/sqft it sits under the Islamorada average of $1,741.
02Pool Area View views
The pool area view view is part of what you're buying — views hold value independently of the structure.
03Know the monthly fee
The association fee is $881/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
Keep looking
Similar homes nearby
Listing courtesy of Coastal Realty Florida Keys · Claire Johnson. MLS #A12028575.
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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