NOT LISTED FOR SALE

171 N Ocean Ln Islamorada, FL 33036

Estimated Value: $3,199,000 - $4,066,000

4 Beds
4 Baths
3,330 Sq Ft
$1,121/Sq Ft Est. Value

Sale Details

Date Sold: October 7, 2023

Last sale price $3,450,000 $1,036 Per Sq Ft

Current estimated payment $20,881 / mo

96 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • 18,450 Sq Ft lot
  • Plantation Key School Rated A-
  • Concrete Pool
  • 1-minute walk to Founders Park

About This Home

As of October 2023

Picturesque Oceanfront Estate in Downtown Islamorada! This all concrete home offers amazing panoramic ocean views, beautiful white sandy beach, 4 bedrooms and 4 bathrooms, nice open floor plan with tongue and groove vaulted ceilings!Large impact windows and doors throughout. Separate guest quarters, storage, generator, surround sound system and large well organized tackle room. Located on almost 1/2 acre of oceanfront property with community dock and boat ramp. A truly one of a kind property with endless ocean views! A rare find in downtown Islamorada, The Fishing Capital of the World!

Last Agent to Sell the Property

Paul Tejera

Coldwell Banker Schmitt Real E License #3337638 Listed on: 06/22/2023

Coldwell Banker Schmitt Real E

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,510

Year Built

  • Built in 1960

Lot Details

  • 18,450 Sq Ft Lot
  • 100 Ft Wide Lot
  • Ocean Front
  • East Facing Home
  • Property is zoned SR

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Guest Parking
  • Open Parking
  • Golf Cart Parking

Property Views

  • Ocean
  • Pool

Home Design

  • Ranch Style House
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,330 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Storage Room
  • High Impact Door

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Equipment Stays

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Property has ocean access
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 00401480-000000

Community Details

Overview

  • No Home Owners Association
  • Oceana Subdivision

Recreation

  • Boat Ramp
  • Community Boat Dock
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,510

Year Built

Built in 1960

Lot Details

0.42 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Ranch
  • Directions: Old Highway turn left on Ocean Lane drive to the ocean, house is on the left.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Community Boat Ramp
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: OCEANA
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Vaulted Ceiling(s), Other, Storage
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Concrete, Tile
  • Furnished: Furnished
  • Living Area: 3330
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Secondary
  • Bedroom Features: Entry Level
  • Living Room Features: Other, Storage Room

Exterior Features

  • Roof: Concrete
  • View: Ocean, Pool, Water
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, East Of US 1
  • Pool Features: In Ground, Concrete, Equipment Stays
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OCEANA
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway, Golf Cart Parking, Guest

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: Boating

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 00401480-000000
  • Lot Size Sq Ft: 18450
  • Zoning: SR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 21510

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
Mar 18, 2024
Sold by
Bought by
Current Estimated Value
$3,448,413

Purchase Details

Listed on
Jun 22, 2023
Closed on
Sep 29, 2023
Sold by
Bought by
Seller's Agent
Paul Tejera
Coldwell Banker Schmitt Real E
List Price
$3,700,000
Sold Price
$3,450,000
Premium/Discount to List
-$250,000
-6.76%
Views
394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%
Original Mortgage
$1,850,000
Interest Rate
0.0663%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2021
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
$1,618,186
Interest Rate
0.029%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 8, 2012
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
$825,000
Interest Rate
0.034%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 21, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 2, 1997
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 1997
Bought by

Purchase Details

Closed on
Jan 1, 1993
Bought by
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Listed On Document
$3,450,000 None Listed On Document
$2,300,000 Coral Reef Title Company
$1,100,000 Attorney
-- --
-- --
$490,000 --
$160,200 --
$463,500 --
$350,000 --
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
Closed $1,850,000
Closed $1,618,186
Closed $825,000
Closed $1,050,000
Closed $1,066,096
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
10/07/2023 10/07/23 Sold $3,450,000 -6.8% $1,036 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $3,700,000 -- $1,111 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $27,061 $2,937,081 $2,251,638 $685,443
2024 $24,152 $2,933,860 $2,251,638 $682,222
2023 $24,152 $2,739,112 $2,091,492 $647,620
2022 $21,510 $2,232,786 $1,739,558 $493,228
2021 $15,681 $1,570,923 $1,111,105 $459,818
2020 $14,923 $1,581,582 $1,111,105 $470,477
2019 $12,521 $1,168,329 $916,596 $251,733
2018 $11,640 $1,085,713 $839,014 $246,699
2017 $12,028 $1,177,447 $0 $0
2016 $11,681 $1,080,187 $0 $0
2015 $10,366 $939,030 $0 $0
2014 $10,371 $930,707 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11407634

MIAMI REALTORS® MLS

APN: 00401480-000000

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