NOT LISTED FOR SALE

114 Cortez Dr Unit C1 Islamorada, FL 33036

Estimated Value: $589,000 - $878,000

2 Beds
2 Baths
1,079 Sq Ft
$720/mo HOA Fee

Last Sold August 02, 2021

Last sale price $575,000 $533 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,069/month

17 Days on Market

Highlights

  • Boat Ramp
  • Dock Facilities
  • Clubhouse
  • Plantation Key School Rated A-
  • Canal View
  • Community Pool

About This Home

As of August 2021

This is a terrific opportunity to live in Islamorada in a light-and-bright 2-bedroom, 2-bath townhouse. Drive on the Florida Keys Overseas Highway to Lower Matecumbe Key and immediately feel the sense of island living. Step into the open main living room area, with kitchen and dining space, as well as a screened porch. The main floor also features a guest bedroom with a full bath. The private master bedroom and bath are upstairs along with a screened balcony. An enclosed, one-car garage is perfect for storing fishing equipment, paddleboards, or dive gear. The covered carport is large enough to store a flats boat or use for outdoor entertaining. Dockage is available for up to a 25-foot boat. The complex also features a secured boat and trailer storage. A boat ramp is part of the neighborhood community. After a day of watersports, enjoy the community pool, chickee hut, and BBQ area. Meet up with friends for tennis, pickleball, shuffleboard, or horseshoes. Building insurance and maintenance are included in the condo fee. Home-away-from-home or use as an excellent vacation rental property. Direct access to the Atlantic Ocean via canal or a short boat ride to Florida Bay.

Last Agent to Sell the Property

Cynthia Hughes

Ocean Sotheby's International Realty License #3105145 Listed on: 05/30/2021

Ocean Sotheby's International Realty

Last Buyer's Agent

Cynthia Hughes

Ocean Sotheby's International Realty License #3105145 Listed on: 05/30/2021

Ocean Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,658

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 1

HOA Fees

  • $720 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,079 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Canal Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Attached Garage
  • Carport

Outdoor Features

  • First Come-First Served Dock
  • Boat Ramp
  • Dock Facilities
  • Screened Balcony

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00396220-000500

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • Islamorada South Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Boat Dock
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pet Restriction: YES

Additional Features

  • Clubhouse
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,658

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$720 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 720.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Lower Matecumbe
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 76.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Other Area Features, Tennis Courts, Community Pool, Community Dockage, Community Boat Ramp
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3658.42
  • Title: Title Ins - Buyer
  • Vehicle Storage: Attached, Garage, Covered Parking, Carport
  • Year Built: 1980
  • Alternate Key Number: 8562322
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Porch Balcony: Screened P/B
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1079.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Dryer, Disposal
  • Floor: Carpet, Tile, Laminate
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Ramp, Dock Privileges, First Come Dock
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Cable Available, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00396220-000500
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2021
Closed on
Jul 30, 2021
Sold by
Newman Andrew A and Newman Maria P
Bought by
Gonzalez Pedro Pablo Miranda and Suarez Yeleidy Manresa
Seller's Agent
Cynthia Hughes
Ocean Sotheby's International Realty
Buyer's Agent
Cynthia Hughes
Ocean Sotheby's International Realty
List Price
$595,000
Sold Price
$575,000
Premium/Discount to List
-$20,000
-3.36%
Current Estimated Value
$706,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,314
Avg. Annual Appreciation
5.64%
Original Mortgage
$467,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2010
Sold by
Newberg John P and Newberg Shirley F
Bought by
Newman Andrew A and Newman Maria P

Purchase Details

Closed on
Feb 24, 1997
Sold by
Walsh Frederick A
Bought by
Newberg John P and Newberg Shirley F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1987
Bought by
Newman Andrew A and Newman Maria P

Purchase Details

Closed on
Jan 1, 1983
Bought by
Newman Andrew A and Newman Maria P

Purchase Details

Closed on
Aug 1, 1980
Bought by
Newman Andrew A and Newman Maria P
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gonzalez Pedro Pablo Miranda $575,000 Attorney
Newman Andrew A $280,000 Attorney
Newberg John P $114,500 --
Newman Andrew A $102,000 --
Newman Andrew A $100,000 --
Newman Andrew A $67,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Pedro Pablo Miranda $467,500
Previous Owner Newberg John P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $575,000 -3.4% $533 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
05/30/2021 05/30/21 For Sale $595,000 -- $551 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,784 $564,130 -- $564,130
2023 $5,784 $587,816 $0 $587,816
2022 $5,242 $489,527 $0 $489,527
2021 $3,645 $304,246 $0 $304,246
2020 $3,658 $304,246 $0 $304,246
2019 $3,697 $302,011 $0 $302,011
2018 $3,657 $302,011 $0 $0
2017 $3,359 $283,809 $0 $0
2016 $3,292 $265,281 $0 $0
2015 $2,961 $228,694 $0 $0
2014 $2,962 $228,694 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cynthia Hughes

    Ocean Sotheby's International Realty

    (305) 522-1320

    24 in this area

    34 Total Sales

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596301

Florida Keys Board of REALTORS®

APN: 00396220-000500

Florida Monroe County Islamorada 33036

114 Cortez Dr Unit C1, Islamorada, FL

This home is located at 114 Cortez Dr Unit C1, Islamorada, FL 33036 since 30 May 2021 and is currently estimated at $716,828, approximately $664 per square foot. This property was built in 1980. 114 Cortez Dr Unit C1 is a home located in Monroe County with nearby schools including Plantation Key School and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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