$1,600,000
80639 Old Highway, 305
Upper Matecumbe Key Islamorada, FL 33036
MLS# 603297
3 beds  |  3 baths  |  2251 sqft


80639 Old Highway, 305, Upper Matecumbe Key Islamorada, FL 33036
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Property Description
Located on the Old Road and tucked in along the famous blue-green waters of the Atlantic Ocean, is the gated enclave known as Masion Matecumbe. This oceanfront townhome is located poolside with a sunrise visible from every balcony. Only 21 condo units share the 3 acres of immaculately kept, resort-style tropical grounds. The palm tree dotted beachfront features over 300 feet of white sand beach frontage, a heated pool, hot tub, chickee hut, and 150 ft fishing pier. All located on Upper Matecumbe Key, in the 'Heart of Islamorada' just minutes away from nearby art galleries, restaurants, breweries, shops and festivals. Light, bright, spacious and modern layout features a townhome style floor plan with multiple balconies and expansive water views. The main floor has an open concept living room, kitchen and dining that features large sliding glass doors to a screened patio overlooking the pool and beach. The main floor is completed with a guest bedroom and updated bathroom with an accessible walk-in shower. Upstairs opens to a generous master bedroom with wet bar and sliding glass doors with world famous sunrise views. The newly updated master bath features a large shower & soaking tub, as well as a sizable walk in closet. A second guest bedroom and ensuite bath completes the upstairs. Currently, Island Villa Rentals are marketing this townhome for weekly rentals. 2022 the gross rental income $80,000 plus. Future rentals , thus far, are in excess of $30,000 and will convey at closing. Full reservation details provided upon request.

Details
Maps
Contract Information
Current Price: $1,600,000
Listing Date: 2022-12-02
Listing Board: Florida Keys
List Price: $1,600,000
Location, Tax & Legal
Street #: 80639
Street Name: Old
Street Suffix: Highway
Unit #: 305
Key/Island: Upper Matecumbe Key Islamorada
State/Province: FL
Zip Code: 33036
Off Shore Island: No
County: Monroe
Subdivision: Maison Matecumbe (81.0)
Mile Marker: 81
Area: 23 - Upper Matecumbe
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE,AE,AE,AE,AE,VE
Handicap Access: Yes
Alternate Key #: 8847017
Parcel #: 00397700-000105
Zoning: MF - Multi-Family Attached
Deed Restrictions: Unknown
Legal: UNIT 305 MAISON MATECUMBE, A CONDOMINIUM OR1380-136 OR2948-2395 OR2976-0868 OR3119-1594
Taxes: 8645.03
Tax Year: 2021
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Residential - Condo/Townhouse
Style: Townhouse
Waterfront: Yes
Control Depth: 1
Unit/Complex: Unit
Pool: Yes
Year Built: 1994
Total Units: 1
Living Apx SqFt: 2251
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: 7
Remarks & Misc
Remarks – Consumer: Located on the Old Road and tucked in along the famous blue-green waters of the Atlantic Ocean, is the gated enclave known as Masion Matecumbe. This oceanfront townhome is located poolside with a sunrise visible from every balcony. Only 21 condo units share the 3 acres of immaculately kept, resort-style tropical grounds. The palm tree dotted beachfront features over 300 feet of white sand beach frontage, a heated pool, hot tub, chickee hut, and 150 ft fishing pier. All located on Upper Matecumbe Key, in the 'Heart of Islamorada' just minutes away from nearby art galleries, restaurants, breweries, shops and festivals. Light, bright, spacious and modern layout features a townhome style floor plan with multiple balconies and expansive water views. The main floor has an open concept living room, kitchen and dining that features large sliding glass doors to a screened patio overlooking the pool and beach. The main floor is completed with a guest bedroom and updated bathroom with an accessible walk-in shower. Upstairs opens to a generous master bedroom with wet bar and sliding glass doors with world famous sunrise views. The newly updated master bath features a large shower & soaking tub, as well as a sizable walk in closet. A second guest bedroom and ensuite bath completes the upstairs. Currently, Island Villa Rentals are marketing this townhome for weekly rentals. 2022 the gross rental income $80,000 plus. Future rentals , thus far, are in excess of $30,000 and will convey at closing. Full reservation details provided upon request.
Directions: On the Old Rd near Midway Cafe at MM 80.6 Oceanside.
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 5286
Assoc/Mnt Fee Per: Quarterly
Building Style
Above Flood: Yes
Pool Info
Heated: Yes
Property Features
Fee Includes: Bldg Exterior Mnt; Building Insurance; Common Area Mnt
Tax Exemptions: None
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Dockage: None
Property Condition: Updated/Remodeled
Building Style: Townhouse
Vehicle Storage: Assigned Parking; Covered Parking
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air; Heat Pump
Heating: Central
Utilities: Buyer to Verify
Pre-Wired: Cable
Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Refrigerator; Washer
Accessibility Feat: Accessible Elevator Installed; Accessible Full Bath; Grab Bars
Pool Info: In Ground
Construction: CBS
Land Size: Less Than 1/4 Acre

Listing Office: Coldwell Banker Schmitt Islamorada

Last Updated: January - 26 - 2023

80639 Old Highway, 305, Upper Matecumbe Key Islamorada, FL 33036 - MLS# 603297
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The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.