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83201 Old Highway 504, Upper Matecumbe Key Islamorada, FL 33036

$940,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,275 Status: Active
Current Price: $940,000 List Date: 12/22/2025 Last Modified: 4/02/2026

Overview

Description

Exclusive Beacon Reef Unit 504 presents a rare opportunity in the heart of downtown Islamorada. This updated top-floor residence offers higher ceilings, enhanced views, and a larger porch—creating a true penthouse feel. The property is impeccably maintained and delivers a resort-style lifestyle set against beautifully landscaped, oceanfront grounds. Located just steps from world-class fishing, diving, acclaimed restaurants, galleries, shops, and island attractions, Beacon Reef places the best of Islamorada right outside your door. Residents enjoy an ocean-view fitness center, an oceanside pool just off the sandy beach, and a spacious hot tub overlooking the Atlantic. For boaters and anglers, the recently renovated deep-water dock provides first-come, first-serve dockage for vessels up to 35 feet, complete with an ice maker and fish-cleaning station—plus the ability to fish directly from the dock. Outdoor living is equally well thought out, with a covered BBQ area ideal for pr ...

Listing Details MLS# 617798

Location, Tax & Legal

Street #
83201
Street Name
Old
Street Suffix
Highway
Key/Island
Upper Matecumbe Key Islamorada
State/Province
FL
Zip Code
33036
County
Monroe
Subdivision
Beacon Reef (83.0)
Area
23 - Upper Matecumbe
Unit #
504
City
ISLAMORADA
Mile Marker
83
Marathon Neighborhood
N/A
Side
Ocean
Alternate Key #
8628137
Parcel #
00094580-000186
Zoning
MF - Multi-Family Attached
Deed Restrictions
Unknown
Legal
UNIT 504 BLDG 2 BEACON REEF CONDOMINIUM OR854-1522/23 OR1095-1948 OR1634-593 OR1686-1755 OR1686-1756/57 OR2607-524/25
Taxes
7152.87
Tax Year
2025
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Florida Keys

General Property Description

Realtor.COM Type
Residential - Condo/Townhouse
Style
Condo
Waterfront
Yes
Control Depth
4
Unit/Complex
Unit
Pool
Yes
Year Built
1982
Living Apx SqFt
1275
SqFt Source
Tax Records
Total Bedrooms
2
Full Baths
2
Total Baths
2
Rentals Allowed
With Restrictions
Lot SqFt
0
Total Units
0

Association Info

Mandatory Home Owners Asc
Yes
1st Right of Refusal
Yes
Association Fee $
5000
Assoc/Mnt Fee Per
Quarterly

Dockage

Dock Length
465
Dock
Wood
Dock Privileges
Yes
First Come Dock
Yes

More Information

Building Style

Above Flood
Yes
Stories
5 Stories

Pool Info

Heated
Yes
In Ground
Yes
Concrete
Yes

Pets

Pets w/Restrictions
25 lb dog

Remarks & Misc

Remarks – Consumer
Exclusive Beacon Reef Unit 504 presents a rare opportunity in the heart of downtown Islamorada. This updated top-floor residence offers higher ceilings, enhanced views, and a larger porch—creating a true penthouse feel. The property is impeccably maintained and delivers a resort-style lifestyle set against beautifully landscaped, oceanfront grounds. Located just steps from world-class fishing, diving, acclaimed restaurants, galleries, shops, and island attractions, Beacon Reef places the best of Islamorada right outside your door. Residents enjoy an ocean-view fitness center, an oceanside pool just off the sandy beach, and a spacious hot tub overlooking the Atlantic. For boaters and anglers, the recently renovated deep-water dock provides first-come, first-serve dockage for vessels up to 35 feet, complete with an ice maker and fish-cleaning station—plus the ability to fish directly from the dock. Outdoor living is equally well thought out, with a covered BBQ area ideal for preparing the day's catch while taking in open ocean views and enjoying time with family and friends in a true resort-style setting. Whether you're a dedicated angler or seeking a turnkey island retreat, Unit 504 at Beacon Reef offers an exceptional combination of location, amenities, and effortless Keys living.

Fee Includes

Bldg Exterior Mnt
Yes
Building Insurance
Yes
Cable
Yes
Common Area Mnt
Yes
Sewer
Yes
Water
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Oven
Yes
Refrigerator
Yes
Washer
Yes
Wine Cooler
Yes

Cooling

Central Air
Yes

Waterfront

Oceanfront
Yes
Open Water
Yes

Waterview

Ocean View
Yes
Open Water View
Yes

Floor

Carpet
Yes
Combo
Yes
Tile
Yes

Neighborhood Feature

Beach
Yes
Clubhouse
Yes
Community Dockage
Yes
Community Pool
Yes
Manager on Premises
Yes

Interior Features

Bar
Yes
Built-in Cabinets
Yes
Elevator
Yes
Granite Counter Top
Yes
Pantry
Yes
Wet Bar
Yes

Windows/Doors

Impact Rstnce Window
Yes

Security

Electric Gate
Yes

Construction

CBS
Yes

Land Size

2 Less Than 5 Acres
Yes

Furnished

Negotiable
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Porch/Balcony

Open Porch/Balcony
Yes

Exterior Features

Built-in Grill
Yes
Chickee Hut
Yes
Fencing
Yes
Hot Tub
Yes
Sandy Beach
Yes
Sprinkler System
Yes
Storage
Yes

Roof

Metal Roof
Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Sewer; Water Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: Dock Privileges; First Come Dock Furnished: Negotiable Cooling: Central Air Utilities: FKAA; Municipal Sewer Interior Features: Bar; Built-in Cabinets; Elevator; Granite Counter Top; Pantry; Wet Bar Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer; Wine Cooler Exterior Features: Built-in Grill; Chickee Hut; Fencing; Hot Tub; Sandy Beach; Sprinkler System; Storage Pool Info: In Ground; Concrete Construction: CBS Floor: Carpet; Combo; Tile Roof: Metal Roof Neighborhood Feature: Beach; Clubhouse; Community Dockage; Community Pool; Manager on Premises Security: Electric Gate Land Size: 2 Less Than 5 Acres
Listing Office: Palm House Real Estate
Last Updated: April - 02 - 2026
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.