81801 Overseas Highway Highway # 714, Islamorada FL 33036, ISLAMORADA, FL, 33036
Active74 days on marketListed Jun 3, 2026MLS #B26036550
About this home
81801 Overseas Highway Highway # 714, Islamorada FL 33036
Oceanfront Historic Cheeca Lodge Resort and Spa in Islamorada! Great vacation and income producing condotel in the Sport Fishing Capital of the World. This 27-acre oceanfront Islamorada resort set in a lush tropical landscape has everything from fine dining restaurants, spa and wellness, fitness center, three resort style pools, two tiki bars, par 3 golf course, four lighted tennis courts, pickleball, basketball, bicycles, huge pier for fishing, kayaking, paddleboarding, and more. This top floor corner unit is a beautifully appointed one king bedroom with expansive master bath, kitchen and private screened in balcony. Accomplished on-site professional management has delivered high occupancy and rental rates far above many other lodging properties in the Keys!
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
550
Sqft
0 ac
Lot size
1988
Year built
1
Levels
$1,291
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.
$7,061 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
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
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$7,061/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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
$1,291 vs $1,593
Days on market
74 vs 83 typical
Where $1,291/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 Cheeca Lodge Resort
Get to know Islamorada. See the full Islamorada guide →
Cheeca Lodge Resort — neighborhood snapshot
Population
144
Median age
56
Median income
$69,737
Median home value
$595,600
Avg household
3
Households w/ children
17%
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 50% below the ISLAMORADA 33036 median. See the full Islamorada market guide →
Paper trail
This home's history
Reality check
What actually sold near 81801 Overseas Highway Highway # 714
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’25$750,711
81975 Old Hwy, Islamorada FL 33036
2 bd · 2 ba · 1,000 sqft · $751/sqft · 3 DOM
Sold · Oct ’25$610,000
82207 Old Hwy, Islamorada FL 33036
2 bd · 2 ba · 1,224 sqft · $498/sqft · 45 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 81801 Overseas Highway Highway # 714 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 81801 Overseas Highway Highway # 714 — 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
81801 Overseas Highway Highway # 714 FAQs
What would the monthly payment be for 81801 Overseas Highway Highway # 714, Islamorada FL 33036?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $7,061/mo — principal and interest, the actual property-tax bill, the $2,421/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 81801 Overseas Highway Highway # 714, Islamorada FL 33036?+
The association fee works out to $2,421 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 81801 Overseas Highway Highway # 714, Islamorada FL 33036?+
The most recent tax bill on record (2025) was $4,588. 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 81801 Overseas Highway Highway # 714, Islamorada FL 33036?+
The listing reports pets: No, Yes. 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 $710,000, this home is listed about 80% 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 81801 Overseas Highway Highway # 714, 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
Three things that matter here
01Under the ISLAMORADA 33036 market on paper
$710,000 is 50% below the ISLAMORADA 33036 median of $1,412,500, and at $1,291/sqft it sits under the Islamorada average of $1,741.
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 $2,421/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
Keep looking
Similar homes nearby
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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