$1,625,000
SOLD MAY 9, 2025

137 Ocean Ln Islamorada, FL 33036

3 Beds
3 Baths
1,368 Sq Ft
4,900 Sq Ft Lot

Recently Sold

$1,188 Per Sq Ft

1% Below List Price

16 Days on Market

Highlights

  • Ocean View
  • Dock made with concrete
  • Home fronts a canal
  • Plantation Key School Rated A-
  • In Ground Pool
  • Deck

About This Home

As of May 2025

Views, views, and more views! Sparkling ocean views from every room! Admire the sunrise over the Atlantic as Alligator Reef welcomes the dawn of another day in paradise. This three bedroom three bath concrete bunker is perfect for your full time residence, or make this your worry free weekend/vacation getaway. The main level offers a nicely updated kitchen, open dinning and living areas with floor to ceiling impact sliding doors opening onto screened balconies; two bedrooms and two baths, and hall laundry. The second level consists of one bedroom and one bath and two open air roof top decks for sunning during the day, entertaining, and fabulous star gazing at night. This home is situated just three houses in from the open ocean providing fast and easy access. Hop in your boat and enjoy some of the finest fishing and diving availabe in the Keys, including some of the best bonefishing just seconds from the dock! Cut in concrete dockage for vessels of 35-38 feet (buyer to verify) on deep canal. Clean your fresh catch at the dockside fish cleaning table, followed by a dip in the cool plunge pool after enjoying a day on the water. Ocean Lane is a private, dead end street offering year round quiet and privacy. Ground level, legal, enclosed storage for all of your water toys and tackle. Plenty of parking for multiple vehicles. Easy to show! Give me a call and lets make this gem yours!

Last Agent to Sell the Property

Rhonda Simonds-Brewer

American Caribbean Real Estate, Christie's International Real Estate License #487721 Listed on: 04/11/2025

Last Buyer's Agent

Sandra Tuttle

American Caribbean Real Estate Lower Keys

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,640

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 4,900 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R1 - Residential Single Family

Property Views

  • Ocean
  • Canal

Home Design

  • Split Level Home
  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,368 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Blinds
  • Utility Room
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Davits
  • Seawall
  • Dock made with concrete
  • Screened Balcony
  • Deck
  • Screened Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mate Lido Beach Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00396130-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,640

Year Built

Built in 1986 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Voluntary HOA: No
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • 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: 76.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 9640.08
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport
  • Vehicle Storage Cars: 4+
  • Year Built: 1986
  • Alternate Key Number: 1488500
  • Building Style: Split Level
  • Cooling Heating: Central Air, Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 4900.00
  • Pool Info: In Ground, Salt Water
  • Porch Balcony: Open Porch/Balcony, Deck, Screened Patio, Roof Top Deck, Screened P/B
  • Association Info Condo Docs: No
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1368.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Laminate, Combo
  • Specialty Rooms: Utility Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: Davits, Davit Pads
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Roof: Concrete Roof
  • Waterview: Ocean View, Open Water View, Canal View
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: FKAA, Buyer to Verify, Municipal Sewer
  • Heating: Forced Air

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE
  • Parcel Number: 00396130-000000
  • Lot Size: 75 X 65
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2025
Closed on
May 9, 2025
Sold by
Anchors Properties Inc
Bought by
Knudsen Douglas
Seller's Agent
Rhonda Simonds-Brewer
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
List Price
$1,635,000
Sold Price
$1,625,000
Premium/Discount to List
-$10,000
-0.61%
Views
8
Current Estimated Value
$1,630,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,148
Avg. Annual Appreciation
0.45%

Purchase Details

Closed on
Oct 15, 2018
Sold by
Blue Sky Unlimited Llc
Bought by
Anchors Prperties Inc

Purchase Details

Closed on
May 30, 2008
Sold by
Citibank Na
Bought by
Blue Sky Unlimited Llc

Purchase Details

Closed on
Feb 11, 2008
Sold by
Ott Mark B
Bought by
Citibank Na

Purchase Details

Closed on
Feb 1, 2008
Sold by
Ott Mark B
Bought by
Citibank Na

Purchase Details

Closed on
May 24, 2004
Sold by
Kelly Thomas A and Kelly Denise
Bought by
Ott Mark B and Ott Amanda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2002
Sold by
Smith Willard A and Smith Joan C
Bought by
Kelly Thomas A and Kelly Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,911
Interest Rate
7.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1984
Bought by
Blue Sky Inlimited Llc

Purchase Details

Closed on
Feb 1, 1973
Bought by
Blue Sky Inlimited Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $1,625,000 None Listed On Document
Warranty Deed $1,625,000 None Listed On Document
Warranty Deed $866,000 Attorney
Special Warranty Deed $653,000 Watson Title Insurance Inc
Trustee Deed -- None Available
Trustee Deed -- None Available
Warranty Deed $800,000 --
Warranty Deed $575,000 --
Warranty Deed $60,000 --
Deed $9,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $640,000 Purchase Money Mortgage
Previous Owner $466,911 New Conventional
Closed $80,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2025 05/09/25 Sold $1,625,000 -0.6% $1,188 / Sq Ft
04/27/2025 04/27/25 Pending -- -- --
04/11/2025 04/11/25 For Sale $1,635,000 -- $1,195 / 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
2025 $9,640 $1,105,126 $640,332 $464,794
2024 $9,398 $1,124,955 $698,544 $426,411
2023 $9,398 $1,154,179 $739,292 $414,887
2022 $8,112 $849,616 $436,590 $413,026
2021 $7,530 $705,391 $328,898 $376,493
2020 $7,695 $719,388 $334,719 $384,669
2019 $8,300 $753,363 $363,825 $389,538
2018 $5,672 $491,638 $253,222 $238,416
2017 $5,712 $519,192 $0 $0
2016 $5,550 $473,586 $0 $0
2015 $4,979 $414,741 $0 $0
2014 $4,651 $393,183 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 614588

Florida Keys Board of REALTORS®

APN: 00396130-000000