NOT LISTED FOR SALE

116 Madeira Rd Unit B Islamorada, FL 33036

Islamorada Area

Estimated Value: $1,432,000 - $2,671,000

1 Bed
1 Bath
-- Sq Ft
0.32 Acre Lot

Highlights

  • Waterfront
  • Plantation Key School Rated A-
  • First Come-First Served Dock

About This Home

As of February 2020

Ground level, waterfront apartment on Upper Matecumbe, (MM82), available now. Large 1 bedroom, 1 bath. $1,800 per month, which includes water and electric. Shared washer/dryer. 12 month lease. Pets possible. Tenant application and $50 background check required.

Last Agent to Rent the Property

Natalie Bevis

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada Listed on: 01/03/2020

Co-Listed By

John El-Koury

Coastal Realty of the Florida Keys License #557666

Last Renter's Agent

John El-Koury

Freewheeler Realty, Inc. License #557666

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Apartment

Year Built

  • 1982

Lot Details

  • 0.32

Interior Spaces

  • Furniture Can Be Negotiated
  • Single Hung Windows

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • First Come-First Served Dock
  • Waterfront
  • Ground Level

Community Details

  • Madeira Bay Subdivision

Listing and Financial Details

  • Security Deposit $1,800
  • Rent includes electric, water, sewer
  • 12 Month Lease Term

Property Details

Home Type

Apartment

Year Built

1982

Lot Details

0.32 Acres

Rental Info

  • Furnishings: Furniture Negotiable, Unfurnished
  • Rent Includes: Electric, Water, Sewer
  • Last Month's Rent: 1800.00
  • Lease Type: Annual
  • Monthly Rent: 1800.00
  • Security Deposit: 1800.00

Listing Details

  • Property Type: Rental
  • Property Type 2: 3-4 Units, Apartment
  • Key Island: Upper Matecumbe Key Islamorada
  • K W Neighborhood: Outside of Key West
  • Marathon Neighborhood: N/A
  • Mile Marker: 82.50
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 20010809200717574625000000
  • State Province: FL
  • Building Style: Ground Level
  • Building Style Above Flood: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1982

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 1

Exterior Features

  • Dockage: First Come Dock
  • Waterfront: Yes
  • View: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2020
Sold by
Bought by
Current Estimated Value
$1,906,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$727,500
Outstanding Balance
$633,090
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,273,650

Purchase Details

Closed on
Oct 12, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$743,525
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Closed on
Apr 20, 2017
Sold by
Bought by

Purchase Details

Closed on
Feb 29, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 6, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 15, 2004
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 2003
Sold by
Bought by

Purchase Details

Closed on
Jan 23, 2003
Sold by
Bought by

Purchase Details

Closed on
Jun 12, 1994
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 1993
Sold by
Bought by

Purchase Details

Closed on
Mar 25, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Islamorada, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,062,500 None Listed On Document
$850,000 Coral Reef Title Co
$195,000 Coral Reef Title Co
$225,000 Florida Title Of The Keys
$835,000 Coral Reef Title Company
$43,900 --
-- --
$45,000 --
$69,000 --
$345,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $727,500
Closed $727,500
Previous Owner $743,525
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/03/2020 01/03/20 Rented $1,800 0.0% --
01/03/2020 01/03/20 For Rent $1,800 -- --
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $16,072 $1,843,467 $1,348,529 $494,938
2024 $15,502 $1,841,551 $1,348,529 $493,022
2023 $15,502 $1,774,570 $1,285,193 $489,377
2022 $14,451 $1,566,555 $1,071,434 $495,121
2021 $11,691 $810,331 $443,352 $366,979
2020 $10,915 $726,471 $443,352 $283,119
2019 $10,853 $705,539 $418,600 $286,939
2018 $10,270 $660,824 $367,080 $293,744
2017 $10,175 $710,499 $0 $0
2016 $9,763 $592,242 $0 $0
2015 $9,184 $547,494 $0 $0
2014 $8,962 $529,834 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588943

Florida Keys Board of REALTORS®

APN: 00399460-000000

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