Off market since Oct 2026

Off market since Oct 2026 Townhouse

Listed Aug 11, 2026

$780,000

136 Aregood Lane

  • 2

    Beds

  • 3

    Baths

  • 1,152

    Sq ft

The story

  • Pool
  • Waterfront

Island Opportunity is knocking! Enjoy your own Islamorada vacation home...with the option to generate excellent rental income when you're not using it. Set in a private, peaceful oceanfront community of just 10 townhomes, you'll have a beach, pool and your own slip for boat up to 30'. Spend the day on the water, relax by the pool or head up to the rooftop deck for ocean breezes & a peekaboo water view. There are four balconies - so you can enjoy some shade at any time of day. Although this seller never rented, the home is eligible for a coveted weekly rental license, giving a new owner the flexibility to enjoy it personally while also taking advantage of the strong Keys vacation rental market. The 2 bedroom, 2.5 bath townhome has a comfortable layout, with a private bath for each bedroom, a half bath on the main living level, and *straight interior* stairs rather than a spiral staircase. It's also refreshingly low maintenance, with concrete construction, a concrete roof, impact windows and doors, and an HOA that takes care of the grounds. Because this is a townhome rather than a condo, owners choose how much insurance to carry, and current insurance costs are surprisingly low. It's even in an X flood zone, so no flood insurance is required. Covered parking and an entry from underneath the home are two more practical touches that make coming and going easy, rain or shine. Trailer/boat storage is allowed under the home. The location works just as well by water as it does by land, with fantastic fishing and diving just steps from home and a great Old Highway location close to Founders Park, restaurants and everything you come to Islamorada to enjoy. Breezy and relaxed when you're here, with the ability to generate income when you're not. It's a rare and excellent combination.. good for your heart and your wallet.

Facts & features

Home type

Townhouse

Year built

1991

Lot size

2,052 acres

Price per sq ft

$677

HOA

$750 / monthly

Included features

  • Pool

    Yes

  • Cooling

    Central Air

  • Appliances

    Washer, Stainless Steel Appliance(s), Freezer, Disposal, Microwave, Range, Refrigerator, Dryer

  • Flooring

    Tile

  • Roof

    Concrete

  • Exterior

    Boat Slip

  • Sewer

    Public Sewer

Listing Broker

Coldwell Banker Schmitt Islamorada

Broker Name

Coldwell Banker Schmitt Islamorada

Agent

Christy Hughes