Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Schmitt Real Estate Co.
Property view
Listing view 2
Listing view 3

79901 Overseas Highway #516, 
Islamorada, FL 33036

$1,500,000


3

Beds


2

Baths


1,484

Sq Ft


Condo

Active

Listed by

Brett Newman

Coldwell Banker Schmitt Islamorada

305-664-4470

Last updated:

September 14, 2025, 01:45 PM

MLS#

616222

Source:

FL FKBOR

About This Home

79901 Overseas Highway #516

Stunning and Expansive Open Ocean Views and views of Alligator Lighthouse from almost every room! This one-of-a-kind beautifully updated condo at The Palms is an absolute must see for THE MOST spectacular open ocean views in Islamorada! Top floor penthouses are rarely on the market, and this fully updated 3 bedroom/ 2 bathroom was renovated down to the studs with new plumbing, wiring and electric. It was also completely re-imagined to create an elegant split bedroom floor plan that creates a much more private primary suite with spectacular ocean views. The view from this condo is so remarkable that it was even tapped to shoot a scene in the Bloodline TV series that was filmed in the Florida Keys! In addition to constructing an all new open kitchen with open ocean views and high-end appliances, the renovation also added additional cabinet storage and space for an in-unit laundry. The penthouse has impact windows and sliding glass doors plus accordian shutters on the porch to keep your porch furniture safe and out of the weather when you're away. There's also an ocean view community pool, hot tub, men's and women's gyms, kayak storage and launch, a community room and a dedicated parking spot plus additional guest parking. The Palms of Islamorada is also just steps away from the famous Lazy Days and Papa Joe's restaurants and Bud N' Mary's Marina. This one-of-a-kind penthouse will not last... call today!

Home Facts

Condo

2 Baths

3 Bedrooms

Built in 1976

Price Summary

1,500,000

$1,010 per Sq. Ft.

MLS #:

616222

Last Updated:

September 14, 2025, 01:45 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,484 Sq. Ft.


Structure

Structure

Architectural Style:

Condo

Building Area:

1,484 Sq. Ft.

Year Built:

1976


Finances & Disclosures

Finances

Price:

$1,500,000

Price per Sq. Ft:

$1,010 per Sq. Ft.

Source:FL FKBOR
The information being provided by The Florida Keys Board of REALTORS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 The Florida Keys Board of REALTORS All rights reserved.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.