NOT LISTED FOR SALE

118 Cortez Dr Unit E1 Islamorada, FL 33036

Estimated Value: $700,976 - $728,000

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

Last Sold November 15, 2021

Last sale price $585,000 $542 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,053/month

9 Days on Market

Highlights

  • Boat Ramp
  • Dock Facilities
  • Home fronts a canal
  • Plantation Key School Rated A-
  • In Ground Pool
  • Clubhouse

About This Home

As of November 2021

DESIRABLE TURNKEY TOWNHOME in Islamorada South! Leave your worries behind in this charming and comfortable home! Ideal location for enjoying gentle breezes on any of your balconies while watching family or friends at the pool or playing tennis. Top floor boasts a secluded bedroom suite with private bath and balcony. Bottom level has an enclosed garage, perfect for your car or toys, plus a covered carport large enough to store a small boat or use for outdoor entertaining. Friendly association with pool, tennis/pickle court, shuffleboard Court, Chickee - BBQ area, boat ramp, boat and trailer storage and dockage for up to a 25' boat. Easy access to the Atlantic Ocean or a short boat ride to Florida Bay. Furniture included. Delight in all the sea has to offer: boating, swimming, snorkeling, scuba and fishing. Your Island home Away from Home or potential for investment property! THIS IS the quintessential Keys getaway.

Last Agent to Sell the Property

Susan Holler

Lokation Real Estate - Tavernier License #3160428 Listed on: 09/29/2021

Lokation Real Estate - Tavernier

Co-Listed By

Kelly Wilson

Lokation Real Estate - Tavernier License #0524152

Last Buyer's Agent

Susan Kay Holler, PA

American Caribbean Real Estate, Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,080

Year Built

  • Built in 1980

Lot Details

  • Home fronts a canal

HOA Fees

  • $720 Monthly HOA Fees

Interior Spaces

  • 1,079 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Carport

Outdoor Features

  • In Ground Pool
  • First Come-First Served Dock
  • Boat Ramp
  • Dock Facilities
  • Screened Balcony

Utilities

  • Heat Pump System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00396220-000900

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

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,080

Year Built

Built in 1980

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
  • Key Island: Lower Matecumbe
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 76.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Tennis Courts, Manager on Premises, Community Dockage, Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4080.05
  • Vehicle Storage: Carport, Garage, Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1980
  • Alternate Key Number: 8562365
  • Cooling Heating: Ceiling Fans(s), Heat Pump
  • Pool Info: In Ground
  • Porch Balcony: Screened P/B
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1079.00
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets, Pantry, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Tile
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Ramp, Dock Privileges, First Come Dock
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00396220-000900
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 15, 2021
Sold by
Manny John L and Manny Bonnie J
Bought by
Barrows Frederic T and Barrows Susan Z
Seller's Agent
Susan Holler
Lokation Real Estate - Tavernier
Buyer's Agent
Susan Holler
Lokation Real Estate - Tavernier
List Price
$595,000
Sold Price
$585,000
Premium/Discount to List
-$10,000
-1.68%
Current Estimated Value
$699,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,541
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Jul 19, 2017
Sold by
Mallia Joyce Glae and The Joseph Stephen Mallia Sr R
Bought by
Manny John L and Manny Bonnie J

Purchase Details

Closed on
Jun 4, 2008
Sold by
Mallia Joseph S
Bought by
Mallia Joseph Stephen and The Joseph Stephen Mallia Sr R

Purchase Details

Closed on
Dec 14, 2007
Sold by
Douglas Gary
Bought by
Mallia Joseph S

Purchase Details

Closed on
Sep 22, 2003
Sold by
Douglas Gary
Bought by
Douglas Gary and Mallia Joseph S

Purchase Details

Closed on
May 29, 2001
Sold by
Linda Stein I
Bought by
Douglas Gary

Purchase Details

Closed on
Apr 1, 1981
Bought by
Mallia Joseph Stephen Sr Rev Liv Tr U/A/D 4/8
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
Barrows Frederic T $585,000 Coastal Ttl & Closing Svcs I
Manny John L $375,000 Attorney
Mallia Joseph Stephen -- Attorney
Mallia Joseph S $150,000 None Available
Douglas Gary $100,000 --
Douglas Gary -- --
Douglas Gary $169,000 --
Mallia Joseph Stephen Sr Rev Liv Tr U/A/D 4/8 $80,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $585,000 -1.7% $542 / Sq Ft
09/29/2021 09/29/21 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 $6,040 $564,130 -- $564,130
2023 $6,040 $587,816 $0 $587,816
2022 $5,498 $489,527 $0 $489,527
2021 $4,066 $321,386 $0 $321,386
2020 $4,080 $321,386 $0 $321,386
2019 $4,120 $319,011 $0 $319,011
2018 $4,080 $319,011 $0 $0
2017 $3,615 $283,809 $0 $0
2016 $3,548 $265,281 $0 $0
2015 $3,217 $228,694 $0 $0
2014 $3,218 $228,694 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 597919

Florida Keys Board of REALTORS®

APN: 00396220-000900