Exclusive Beacon Reef Unit 504 presents a rare opportunity in

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Home For Sale

83201 Old Highway UNIT 504

Upper Matecumbe Key, Florida 33036

Monroe County

Beachfront: Yes

Ocean View: Yes

Community: Beacon Reef (83)

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$950,000 2 br, 2.0 bath 1275 sq. ft. 0.000 acres

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.

Interior:
  • Bedrooms: 2
  • Baths: 2.0
  • Sq Ft: 1275
  • Year Built: 1982
  • Utilities: 
  • Fireplaces: 
  • Stories: 5
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • Beachfront: Yes
  • View Types: Ocean, Water
  • Yard: 
  • Siding: 
  • Roof: Metal
  • Property Taxes: $7,153
  • Yearly HOA Fee: $20,000
  • MLS #: 617798
  • Unit Number: UNIT 504
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Contact Information:
Beach Home For Sale in Upper Matecumbe Key, Florida
Listing Agent: Drew Moret, Palm House Real Estate, 305-393-3331, 305-304-8841 Listing Site, Listing Status: Active
Copyright © 2025 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7013952
Viewed 17 times.
Updated: Dec 22, 2025

This property is a Home located at 83201 Old Highway UNIT 504, Upper Matecumbe Key, Florida 33036, and is currently For Sale at $950,000. This Home has 2 bedrooms, 2.0 baths, 1275 sq ft.