131 N Ocean Ln Islamorada, FL 33036
Estimated payment $7,358/month
Highlights
- Dock Facilities
- In Ground Pool
- Attached Garage
- Plantation Key School Rated A-
- No HOA
- 1-minute walk to Founders Park
About This Home
Single family 3/3 home with heated/chilled pool. Large screened in porch. This is a true walk to everything. Imagine relaxing by your large private inground pool after a day at the sandy beach, launching your boat from the nearby dock, or strolling to restaurants, shops, and art galleries--all within walking distance from your front door. This home invites you to embrace a vibrant coastal lifestyle, seamlessly blending comfort, convenience, and endless opportunities for recreation and relaxation. Excellent downtown Islamorada location. Two of the three bedrooms are located in detached or semi-detached structures not connected to the main house by interior hallways, which may result in their exclusion from standard square footage calculations. These versatile rooms offer a host of possibilities--perfect as private guest suites, dedicated home offices, or even for generating potential rental income--adding considerable flexibility and value to the property. The air-conditioned garage further enhances usable space, making it ideal for storage or additional living purposes. Truly a must see in downtown Islamorada, the Sports Fishing Capital of the World!
Listing Agent
Coldwell Banker Schmitt Islamorada License #3026666 Listed on: 04/02/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,510
Year Built
- Built in 1954
Lot Details
- 5,850 Sq Ft Lot
- Property is zoned R1 - Residential Single Family
Parking
- Attached Garage
Home Design
- 1,105 Sq Ft Home
Kitchen
- Oven
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Dock Facilities
Location
- Ground Level
Utilities
- Central Air
- Cooling System Mounted To A Wall/Window
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- Oceana Subdivision
- Rental Restrictions
Listing and Financial Details
- Assessor Parcel Number 00401530-000000
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,433 | $662,287 | $390,049 | $272,238 |
| 2023 | $5,433 | $685,411 | $423,833 | $261,578 |
| 2022 | $4,853 | $545,383 | $282,555 | $262,828 |
| 2021 | $4,403 | $413,730 | $178,133 | $235,597 |
| 2020 | $4,003 | $343,643 | $165,848 | $177,795 |
| 2019 | $3,843 | $330,523 | $150,491 | $180,032 |
| 2018 | $3,707 | $348,115 | $165,848 | $182,267 |
| 2017 | $3,147 | $242,142 | $0 | $0 |
| 2016 | $3,001 | $200,321 | $0 | $0 |
| 2015 | $2,416 | $146,248 | $0 | $0 |
| 2014 | -- | $134,200 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | Price Changed | $1,295,000 | -4.1% | $1,172 / Sq Ft |
| 06/19/2025 06/19/25 | Price Changed | $1,350,000 | -3.6% | $1,222 / Sq Ft |
| 04/02/2025 04/02/25 | For Sale | $1,400,000 | 0.0% | $1,267 / Sq Ft |
| 06/26/2019 06/26/19 | Rented | $2,800 | 0.0% | -- |
| 06/26/2019 06/26/19 | For Rent | $2,800 | +12.0% | -- |
| 06/04/2018 06/04/18 | Rented | -- | -- | -- |
| 06/04/2018 06/04/18 | For Rent | $2,500 | 0.0% | -- |
| 05/22/2015 05/22/15 | Sold | $192,000 | -16.3% | $232 / Sq Ft |
| 03/22/2015 03/22/15 | Pending | -- | -- | -- |
| 03/20/2015 03/20/15 | For Sale | $229,500 | -- | $277 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | -- | Coastal Title & Closing Svcs | |
| Warranty Deed | $192,000 | Coastal Title & Closing Svcs | |
| Warranty Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Special Warranty Deed | $52,100 | Attorney | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $25,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $375,000 | New Conventional | |
| Closed | $300,000 | No Value Available | |
| Closed | $30,000 | Credit Line Revolving |
Source: Florida Keys Board of REALTORS®
MLS Number: 614489
APN: 00401530-000000
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