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87851 Old M5 Islamorada, FL $ 1,300,000
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$ 1,300,000 Get more info
87851 Old M5
$ 1,300,000
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87851 Old M5

Islamorada, FL, 33036
$ 1,300,000
Bedrooms2 Baths2.0 Sq 1,732

Monthly Estimate*

$ 8,004

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Condo for sale in Islamorada, FL

for $1,300,000 with 2 bedrooms and 2 full baths. This 1,732 square foot condo was built in 1989.

A New Standard of Paradise - Live with views of the Atlantic Ocean everyday. This home has been updated and beautified from top to bottom. Marble flooring throughout living areas. Eat in kitchen offers large island, snack counter and full size wine cooler. Dishwasher installed 12/25. There is also a hot water dispenser. Dining area and living area open to enclosed patio with private spiral staircase leading to resort styled amenities. Impact glass on all windows. Primary bedroom offers more spectacular views, built in furnishings and is 14x14. Modification in primary bathroom leads to large walk in closet. Washer replaced 2025, dryer 2024, AC 2021. Building inspections complete with no pending assessments. Private Marina dredged 2025. Outside storage cage included. RARE covered parking. Enjoy resort style pool, hot tub, tennis, pickleball, nature trails, gazebos, boat ramp, clubhouse with fitness, pavilion with ice machine, docks rentable for up to 30ft boat (almost always available), tiki huts, electric vehicle chargers, guest parking, open lot for boat storage, and private marina. Chandelier in dining area excluded. Beach area overlooks marina. Owner agent.

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Condo Active

Price

$ 1,300,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 9,470

Style

Year Built

1989

Town/City

Islamorada

County/Region

Monroe

MLS | Web ID

B26016320
Features
General
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Available Sewer Available Water Available
Possession Close Of Escrow
Roof Metal Other
Appliances Built-In Oven Dryer Dishwasher Electric Range Electric Water Heater Disposal Ice Maker Microwave Refrigerator Self Cleaning Oven Washer
HOA Fee 1764
Association Fee Includes Association Management Common Area Maintenance Insurance Parking Pool(s) Recreation Facilities Roof Trash
Architectural Style One Story
Pool Features None Association Community Heated
Security Features Complex Fenced Key Card Entry Security Gate
Construction Materials Block
Pets Allowed No Pet Restrictions
Year Built 1989
View Ocean Water
Stories Count 4
Levels One
Unit Number M5
Property Subtype Condominium
Tax Year 2025
Business Type Marina
Waterfront Features Navigable Water Ocean Access
Community Features Boat Facilities Clubhouse Fitness Gated Home Owners Association Maintained Community Park Property Manager On-Site Sidewalks Pool Tennis Court(s)
Building Name Ocean Harbour
Accessibility Accessible Elevator Installed
Assoc Fee Paid Per Monthly
County Monroe
Property Type Residential
Association Amenities Beach Rights Boat Dock Marina Clubhouse Controlled Access Fitness Center Management Maintenance Barbecue Picnic Area Pool Spa/Hot Tub Storage Tennis Court(s) Elevator(s)
Subdivision Name OCEAN HARBOUR
Facing Direction West
Total Rooms 6
Full Baths 2
Status Active
Directions Florida Keys US1 to Mile Marker 87.5 ocean side. Gated.
City Islamorada
Disclosures Owner Is Listing Agent
Entry Location 1
Senior Community Y/N false
Zoning Description Residential
MLS Area 5940 Florida Other
Lot Size Units Square Feet
Listing Terms Cash Conventional VA Loan
Spa Features Community
Elementary School Plantation
Year Built Details Resale
Tax Annual Amount 9470
MLS Area Minor Other Geographic Area (Out Of Area Only)
Virtual Tour https://www.zillow.com/view-imx/c0a78846-50d4-4249-bb1a-cb1ebbef95ab?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Structure Type Multi Family
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Condominium
Expected Active Date 2026-04-17
Legal Description UNIT M-5 OCEAN HARBOUR A CONDOMINIUM OR1165-2321/22 OR1433-516 OR1542-2258 OR3065-2368
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Interior
Interior Amenities Breakfast Bar Dual Sinks Eat-in Kitchen Kitchen Island Living/Dining Room Main Living Area Entry Level Split Bedrooms Walk-In Closet(s) Pantry
Flooring Carpet Marble
Furnished Y/N Unfurnished
Total Stories 4
Air Conditioning Y/N true
Heating Y/N true
Window Features Sliding Impact Glass
Half Baths 0
Total Bedrooms 2
Entry Level 1
Total Baths 2
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Exterior
Parking Features Covered Electric Vehicle Charging Station(s) Guest RV Access/Parking
Lot Features Buyer Approval Required
Water Source Public
Total Parking 1
Building Area Total 1732
Lot Size Acres 0
Waterfront Y/N true
Covered Spaces 0
Road Frontage Type Private Road
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* Excluded Features
List By
Kw Innovations

Broker

Jackie@jackieellis.com

Email

Affordability Calculator

$8,793
Per Month
91%
9%
0%
Monthly Principal & Interest
$8,004
Monthly Property Taxes
$789
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4740787 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/11/2026$1,300,000 Listed Price

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87851 Old M5, Islamorada, FL, 33036 is a Condo for sale at $1,300,000 with 1,732 sqft. 87851 Old M5 has 2 bedrooms, 2.0 baths, and was built in 1989. The property's zip code is 33036 which is in Islamorada, FL

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