Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 550 sq ft
Active · Condominium
$699,000
81801 Overseas Highway Highway 714, Islamorada, FL 33036
- Beds
- 1
- Baths
- 1
- Living area
- 550 sq ft
- $ / sq ft
- $1,271/sq ft
- Year built
- 1988
- Lot size
- —
- HOA fee
- $2,421
- Annual tax
- —
About this property
Oceanfront Historic Cheeca Lodge Resort and Spa in Islamorada! Great vacation and income producing condotel in the Sport Fishing Capital of the World. This 27-acre oceanfront Islamorada resort set in a lush tropical landscape has everything from fine dining restaurants, spa and wellness, fitness center, three resort style pools, two tiki bars, par 3 golf course, four lighted tennis courts, pickleball, basketball, bicycles, huge pier for fishing, kayaking, paddleboarding, and more. This top floor corner unit is a beautifully appointed one king bedroom with expansive master bath, kitchen and private screened in balcony. Accomplished on-site professional management has delivered high occupancy and rental rates far above many other lodging properties in the Keys!
Property location
Get Directions81801 Overseas Highway Highway 714, Islamorada, FL 33036
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1988
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $2,421
- County
- Monroe
- MLS listing ID
- B26036550
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$4,628
- Cap rate
- -2.3%
- Net yield
- -2.3%
- Cash-on-cash return
- -28.4%
- Gross yield
- 5.0%
- Mortgage payment
- $3,314/mo
- Down payment
- $174,750
- Loan amount
- $524,250
- Annual NOI
- -$15,776
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.