82762 Overseas Highway Unit 3
Upper Matecumbe Key Islamorada, FL 33036
- 4 beds
- 4 baths
- 2,728 sqft
- 7,416 sqft lot
- $987 per sqft
- 1992 build
- – on site
Open Bay Views, Boat Dockage and more... all in the Heart of Downtown Islamorada! Have you been dreaming of living downtown, but can't find a home with dedicated boat dockage and open water views? If so, this custom home in Madeira Bay is your dream come true! Enjoy open water views from the porch, living room, kitchen, loft and bedroom plus soaring ceilings and lots of living space. The Madeira Bay gated community is a hidden treasure of only 8 homes tucked in behind one of Islamorada's most beloved local restaurants in a peaceful private neighborhood. In addition to the community dock there is also a community pool and a gradual shoreline for launching a boat, paddle board or kayak or for wading directly into the bay with your rafts and floats! Stunning great room opens to the bay view porch on the main living level where there are also three bedrooms and two full baths in a split plan. There is also an open loft bedroom with full bath upstairs off the great room featuring beautiful bay views. The fully permitted downstairs is connected by internal spiral stairs and adds a separate ground level entrance plus a spacious second living room, wet bar area for entertaining, plus a private guest bedroom with a full bath and outdoor porch. There is also an attached garage for protected parking and/or storage. The downtown location offers immediate access to shopping, fine dining, bars, galleries, art studios and all the regular local art festivals, full moon parties and events. Madeira Bay homes rarely come on the market and this one is a must see!
Last checked:
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Last updated Apr 21, 2025
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MLS# 614741 —
The Building
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Year Built:1992
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Construction:Frame
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Style:Single Family
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Unit #:3
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Windows/Doors:Aluminum Windows, Other Windows/Doors
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Roof:Metal Roof
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Shutters:Accordion, Panel
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Porch/Balcony:Open Porch/Balcony, Deck
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Security:Electric Gate
Interior
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Furnished:Unfurnished
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Interior Features:Cathedral Ceilings, Split Bedroom
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Floor:Tile, Carpet
Location
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Directions:Mile marker 82.7 behind a private gate. Agent must accompany.
The Property
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Parcel #:00404450-000103
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Total Lots:1.00
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Lot SqFt:7416.00
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Lot Dimensions:irregular
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Acres:0.17
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Land Size:Less Than 1/4 Acre
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Waterfront:None
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Zoning:R1 - Residential Single Family
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Waterfront:No
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Waterview:Bay/Gulf View, Open Water View
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Flood Zone:AE
Listing Agent
- Contact info:
- Agent phone:
- (305) 393-1770
- Office phone:
- (305) 664-4470
Taxes
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Tax Year:2024
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Taxes:12738.26
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Tax Exemptions:Homestead
Beds
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Total Bedrooms:4
Baths
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Total Baths:4.00
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Full Baths:4
The Listing
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UnBranded Virtual Tour:https://www.youtube.com/watch?v=qN1Yvgt6v1A
Heating & Cooling
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Cooling:Central Air
Utilities
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Utilities:FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Buyer to Verify, Municipal Sewer
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Pre-Wired:Cable
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Pub Sewer HkUp:Yes
Appliances
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Appliances:Washer, Oven, Range, Refrigerator, Dryer
The Community
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Subdivision:Madeira Bay (82.5)
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Neighborhood Features:Community Pool, Community Dockage
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Pool Info:In Ground, Decked, Concrete
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Pool Info: Other:Community pool
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Dockage:Assigned Dock, Boat Slip
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Dockage: Dock:Wood
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Dockage: Dock Length:30
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Pets:Pets Allowed
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Fee Includes:Common Area Mnt, Other, Security
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Association Info: Association Fee $:5950.00
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Association Info: Mandatory Home Owners Asc:Yes
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Association Info: Assoc/Mnt Fee Per:Yearly
Parking
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Vehicle Storage:Garage, Covered Parking, Off Street Parking, Guest Parking, Open Parking, Attached
Monthly cost estimate
Asking price
$2,695,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$14,430
|
| Taxes | $1,061 |
| Insurance | $741 |
| Utilities | $201 See report |
| Total | $16,433/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/21/25
Apr 21, 2025
|
Listed / Active | FLKMLS | $2,695,000 |
