44
Map
$1,199,999
●
House -
For Sale
111 ANGLERS Way
Islamorada, FL 33036
2 Beds
2 Baths,
1
Half Bath
1,376 Ft²
$7,324
Est. Monthly
$690
HOA / Fees
About This Property
Experience the Florida Keys lifestyle at Anglers Reef, Islamorada's
upscale gated oceanfront community. This beautifully appointed 2
bedroom, 2.5 bath home features a covered carport & four inviting
porches, perfect for enjoying the tropical surroundings. Inside,
you'll find Brazilian cherry hardwood floors, a spacious kitchen
with granite countertops, stainless steel appliances, two breakfast
bars, & abundant cabinetry. Additional features include a durable
metal roof & impact windows & doors. Vacation rentals are
permitted, making this an excellent opportunity for both personal
enjoyment & investment. The home has been part of a successful
rental program for many years & enjoys an established following of
returning guests. Anglers Reef offers resort style amenities
including two sandy be
Unit Size
1,376 Ft²
Days on Market
21 days
Land Size
0.02 acres
Price per sqft
$872
Property Type
House
Property Taxes
$741
HOA Dues
$690
Year Built
2007
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 21 days ago (Beaches MLS #B26080616)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2026 | Listed by Berkshire Hathaway HomeService | $1,199,999 | |
| Listed by Berkshire Hathaway HomeService | |||
| Sep 23, 2025 | Listed by Serrano & Associates Real Estate, LLC | $1,199,990 | |
| Listed by Serrano & Associates Real Estate, LLC | |||
   | |||
|
Your dream getaway in the heart of the Florida Keys! This light-filled, spacious 2br/2bth home is located in the highly sought-after Angler's Reef community in Islamorada. Fully furnished, tastefully decorated and turnkey, this well-maintained property is perfect for ocean lovers or savvy investors alike.
With over 12 years in a successful vacation rental program and an active vacation rental license, this home offers immediate income potential. Just bring your suitcase and start enjoying or earning from day one! Oceanfront community pool and marina, two private sandy beaches, gated community, pet friendly and direct ocean access. As a personal tropical retreat or a high-performing investment property, this home has it all. Don’t miss your chance to own a piece of paradise!
| |||
| Jan 22, 2013 | Sold | ||
| Sold | |||
| Apr 8, 2010 | Sold | ||
| Sold | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Carport
Parking Features: Attached Carport, Covered, Carport
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: High Ceilings, BreakfastArea, DualSinks, LivingDiningRoom, SplitBedrooms, UpperLevelPrimary
Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Flooring Type: Carpet, Wood
Door Features: French Doors
Rooms: 2
Exterior Details
Square Footage: 1376
Square Footage Source: $0
Security Features: Gated Community, Smoke Detector(s)
Property Condition: Resale
Year Built: 2007
Building Area Total: 1683
Levels: Two
Window Features: Blinds
Construction Materials: Other, WoodFrame
Patio and Porch Features: Deck, Porch, Open, Balcony
Pool Features: Association, Heated
Lot Features: LessThanQuarterAcre
Lot Size Area: 871.2
Lot Size Units: Square Feet
Lot Size Acres: 0.02
Lot Size Square Feet: 871.2
Lot Size Dimensions: 1057
Water Source: Public
Financial Details
Tax Assessed Value: $874,660
Tax Annual Amount: $8,897
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV
HOA/Condo/Coop Amenities: Gated, Maintenance, Pool
HOA Fee: $690
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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Asking Price
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Closing Price
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Sold On
HOA + Taxes
About Islamorada, Village of Islands
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Listed by: Scott J Ofstein
Berkshire Hathaway HomeService
Last Updated: 21 days ago
Data Source: Beaches MLS, MLS# B26080616
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Berkshire Hathaway HomeService
Last Updated: 21 days ago
Data Source: Beaches MLS, MLS# B26080616
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