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Palms of Islamorda

Palms of Islamorda

Palms of Islamorda
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

79901 Overseas Hwy
Islamorada, FL 33036
81 Units
4 Stories
1976 Year Built
$345K - $1.2M Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Ocean Front
  • Plantation Key School Rated A-
  • Fitness Center
  • Elevator
  • Concrete Pool
  • 1 min walk to Lignumvitae Key Botanical State Park

Oceanfront living in the heart of Islamorada

The Palms of Islamorada, completed in 1976, stands as a prominent oceanfront condominium in the Florida Keys. This four-story gated community houses 81 units, offering residents a prime location at mile marker 79.9. Situated between popular local establishments like Lazy Days Restaurant and Bud 'n Mary's Marina, the Palms provides easy access to Islamorada's vibrant culture and natural beauty. With its central location and array of amenities, the complex serves as an ideal gateway to the quintessential Keys lifestyle, whether as a full-time residence, weekend retreat, or investment property.

Versatile layouts with stunning ocean views

The Palms of Islamorada offers a range of floor plans to suit various needs, from cozy studios to spacious three-bedroom units. One-bedroom layouts span from 409 to 900 square feet, with one to two bathrooms, and are priced between $387,000 and $399,500. These units often feature updated kitchens with granite countertops and stainless steel appliances, as well as stylish bathrooms with walk-in showers. Two-bedroom units range from 827 to 1,053 square feet, all with two bathrooms, and are available from $510,000 to $690,000. Many of these residences boast open-concept living areas, large balconies, and floor-to-ceiling windows that frame breathtaking ocean views. Some units have been thoughtfully renovated with features like wide-plank flooring, quartz countertops, and custom cabinetry. The most expansive offerings are the three-bedroom units, measuring approximately 1,500 square feet with two bathrooms, and priced around $1,200,000. These premium residences often include luxurious touches such as gourmet kitchens with double ovens, spacious walk-in closets, and panoramic ocean vistas from multiple rooms. Throughout the building, many units have been fitted with impact windows and doors, providing both safety and unobstructed views. Some residences feature in-unit washers and dryers, while others have access to on-floor coin laundry facilities. Monthly HOA fees range from $500 to $1,000, covering building exterior maintenance, water, sewer, pest control, common area upkeep, and building insurance.

Resort-inspired amenities with an oceanfront focus

The Palms of Islamorada offers an array of amenities designed to enhance the Keys lifestyle. The centerpiece is the oceanfront heated pool and hot tub, surrounded by ample seating and several chickee-style shade umbrellas. A spacious tiki hut area, complete with a small kitchenette, sink, and ice machine, provides a perfect spot for socializing and enjoying the ocean breeze. For fitness enthusiasts, the complex features recently refurbished gyms, including separate areas for men and women. Water sports enthusiasts will appreciate the kayak and paddleboard storage racks with a convenient launch ramp, allowing easy access to the Atlantic Ocean. Wide steps leading directly into the water make for effortless ocean entry. Indoor amenities include a first-floor common area with restrooms and a kitchen, ideal for gatherings and events. The second-floor terrace offers additional seating with panoramic views. A clubhouse with a full kitchen is available for resident use. The gated community provides assigned covered parking for residents, with additional guest parking available. An on-site manager ensures smooth operations and addresses resident needs. For added convenience, some units come with in-unit washers and dryers, while others have access to on-floor coin laundry facilities.

A paradise for food lovers and outdoor enthusiasts

The Palms of Islamorada enjoys a prime location in the heart of the Florida Keys, surrounded by an array of dining options and outdoor activities. Just steps away, Lazy Days Restaurant offers fresh seafood with ocean views, while the newly reopened Papa Joe's Bar and Grill provides a casual spot for drinks and local fare. For those seeking culinary adventures, Chef Michael's, about a mile and a half away, serves upscale seafood and New American cuisine in a polished island-style setting. Pierre's Restaurant, also nearby, offers gourmet world cuisine in an elegant Colonial-style beachfront location, perfect for romantic sunset dinners. Outdoor enthusiasts will find paradise at Bud 'n Mary's Marina and Dive Center, located adjacent to the property. This renowned establishment offers various water activities, including world-class fishing charters, diving, and snorkeling expeditions to nearby reefs and wrecks. Shopping options abound, with boutiques like Island Trendz at the nearby Amara Cay Resort and Sea La Vie Beach Boutique within walking distance. For groceries and essentials, The Trading Post is a short drive away. The area surrounding the Palms of Islamorada captures the essence of Keys living, blending natural beauty with a laid-back atmosphere and providing endless opportunities for both relaxation and adventure.

Island living with easy access to the Keys

Transportation in Islamorada primarily revolves around personal vehicles, reflecting the laid-back island lifestyle and sprawling nature of the Florida Keys. The Palms of Islamorada's location along the Overseas Highway (U.S. Route 1) provides convenient access to other parts of the Keys and mainland Florida. For residents and visitors alike, renting a car is often the most practical option for exploring the area. The condominium's assigned covered parking ensures that vehicle owners have a secure spot upon returning home. While the area is not particularly walkable for daily errands, it does offer some opportunities for leisurely strolls to nearby restaurants and shops. Cycling is a popular alternative for short trips, with the Florida Keys Overseas Heritage Trail providing a scenic route for both transportation and recreation. For longer journeys, Key West International Airport is about a two-hour drive south, offering connections to major cities. Miami International Airport, providing a wider range of domestic and international flights, is approximately a two-hour drive north. Boat owners will appreciate the proximity to local marinas, including the adjacent Bud 'n Mary's, which offer docking facilities and easy access to both the Atlantic Ocean and Florida Bay.

Available Condos

No units matching this criteria are available right now.

Building Details

Recreation

  • Fitness Center
  • Concrete Pool
  • Heated In Ground Pool
  • Spa
  • Community Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Ocean Front

Amenities

  • Ocean Views
  • Resident Manager or Management On Site

Parking

  • 1 Parking Space
  • Covered Parking
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Condo Association

  • $1,119 Monthly HOA Fees
  • Monthly HOA Fees Range from $957 - $1,119
  • Association fees include cable, security, common area mnt, building insurance, bldg exterior mnt, water, exterminating, sewer
  • Palms Of Isla Subdivision
  • Rental Restrictions

Building Design

  • Elevator

Unit Features

  • Balcony

Unit Information

Unit
403
512
Beds
2 Beds
2 Beds
Baths
2 Baths
2 Baths
Sq Ft
981
981
Price
$699,000
$725,000
Price / Sq Ft
$713 / Sq Ft
$739 / Sq Ft
List Date
03/18/2025
10/05/2024

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
409
Est. Values
$345,186 - $557,910
2 Bedroom Units
Sq Ft Range
981
Est. Values
$468,717 - $808,294
3 Bedroom Units
Sq Ft Range
1,484
Est. Values
$845,566 - $1,225,970
All Units
Sq Ft Range
409 - 1,484
Est. Values
$345,186 - $1,225,970

Map

Area Factors

Bikeable

Bike Score®

56 / 100

Car-Dependent

Walk Score®

30 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

75 / 100

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Air Pollution®

N/A / 10

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Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$174K - $1.1M
Range of Taxes in Building
$1,160 - $9,291
Range of Taxes per Sq Ft
$1.40 - $6.97

Property Tax History

Source: Public Records
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