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Islamorada / Upper Matecumbe Real Estate

Islamorada is in Monroe County, midway between South Miami and Key West. It covers 7.1 square miles of mostly waterfront Islamorada real estate. The area is also referred to as Village of Islands because it covers Plantation Key, Windley Key, Upper and Lower Matecumbe Key and Tea Table Key. Before

Islamorada’s official incorporation in 1977, it was merely a part of Upper Matecumbe Key. It is located in the middle of the 100-mile chain of islands collectively known as the Florida Keys.

Land development regulations are very stringent for most of the Florida Keys because of the limited land area, part of which must be preserved to protect the fragile ecosystem. Fresh water supply and sewage treatment are also major issues for this geographically unique area.

Upper Matecumbe Key real estate is highly desirable because of these limitations. Residential properties in Islamorada and neighboring areas are mostly condominiums, townhouses and single-family homes with the first two outnumbering single-family developments.

Local building regulations require that structures must be raised above flood levels. For this reason, the living areas are built on top of stilt- like structures with the ground level usually being used as covered parking. Residential properties in Islamorada area a good mix of condominiums, townhouses and single-family homes. Most multi-family dwellings are in gated developments.

Islamorada real estate in Atlantic Shores, Angler’s Reef and Toll Gate Shores has the highest median prices. Typically, these luxurious homes are designed to make the most of the stunning water views and various water recreations available year round.

For those seeking a second home, condominiums and townhomes are among Upper Matecumbe Key real estate options that work well for part time residents. Onsite property managers are entrusted with the security and maintenance of the home during the owners’ absence.

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