Luxury Homes for Sale in Upper Matecumbe Key Islamorada, FL

The luxury market in Upper Matecumbe Key Islamorada starts at $2,500,000 — about 1.0× the city’s median asking price. This page is every active listing at that level, refreshed nightly from the MLS, with what has actually closed, where the inventory sits and how long it takes to sell. For the wider picture see all homes for sale in Upper Matecumbe Key Islamorada.

13 luxury homes are for sale in Upper Matecumbe Key Islamorada, FL at $2,500,000 and up — median asking $4,750,000, the top listing at $24,995,000. 85% of the luxury inventory is waterfront; 69% is new construction. Median days on market: 185.

Newest luxury listings in Upper Matecumbe Key Islamorada

154 Carroll Street, luxury home for sale in Upper Matecumbe Key Islamorada
$2,699,000
4 bd · 4 ba · built 2017
154 Carroll Street, 33036
Listing courtesy of Ocean Sotheby's International Realty
80902 Old Highway, luxury home for sale in Upper Matecumbe Key Islamorada
$2,950,000
4 bd · 3 ba · built 1961
80902 Old Highway, 33036
Listing courtesy of Coldwell Banker Schmitt Islamorada
82779 Old Highway #7, luxury home for sale in Upper Matecumbe Key Islamorada
$4,000,000
4 bd · 4.5 ba · built 2020
82779 Old Highway #7, 33036
Listing courtesy of Ocean Sotheby's International Realty
82779 Old Highway #8, luxury home for sale in Upper Matecumbe Key Islamorada
$4,000,000
4 bd · 4.5 ba · built 2020
82779 Old Highway #8, 33036
Listing courtesy of Ocean Sotheby's International Realty
82779 Old Highway #15, luxury home for sale in Upper Matecumbe Key Islamorada
$3,800,000
4 bd · 4.5 ba · built 2020
82779 Old Highway #15, 33036
Listing courtesy of Ocean Sotheby's International Realty

The most expensive homes for sale in Upper Matecumbe Key Islamorada

ListingAskingSq ft$ / sq ftCommunity
82719 Old Highway$24,995,000——monroe county
16 Avacado Street$23,500,000——monroe county
81486 Overseas Highway$22,500,000——monroe county
20 Avacado Street$15,950,000——monroe county
19 Avacado Street$13,750,000——monroe county
1101 Mastic Street$5,999,000——monroe county
82779 Old Highway #1$4,750,000——monroe county
150 List Street$4,499,500——monroe county
82779 Old Highway #7$4,000,000———
82779 Old Highway #8$4,000,000———

Luxury inventory by price

BandFor saleShare
$2,000,000–$3,000,000215%
$3,000,000–$5,000,000538%
$5,000,000+646%

How to read this

Luxury is defined here as asking prices at or above $2,500,000. Counts, medians and closings come from active and closed MLS listings as of November 1, 2026; closings are the trailing 12 months. Listings appear courtesy of the listing brokerage under IDX rules; information deemed reliable but not guaranteed. See also all 28 homes for sale in Upper Matecumbe Key Islamorada.

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Common questions

How many luxury homes are for sale in Upper Matecumbe Key Islamorada?

13 homes are listed at $2,500,000 or more in Upper Matecumbe Key Islamorada, FL as of November 1, 2026, with a median asking price of $4,750,000.

What is the most expensive home for sale in Upper Matecumbe Key Islamorada?

The highest asking price right now is $24,995,000.

Which Upper Matecumbe Key Islamorada communities have the most luxury listings?

See the table above.