$650,000
$200K PRICE DROP

20 Park Rd Islamorada, FL 33036

Estimated payment $4,093/month

Total Views 2,512
2 Beds
2 Baths
1,120 Sq Ft
$580 Price per Sq Ft

Highlights

  • RV or Boat Parking
  • RV Parking in Community
  • Balcony
  • Plantation Key School Rated A-
  • No HOA
  • 1-minute walk to Founders Park

About This Home

Opportunity awaits in the heart of Islamorada! This 2 bed, 2 bath fixer-upper stilt home is located in the desirable Hammock subdivision at Mile Marker 83.5. Situated on an oversized 11,317 sq ft lot, the home offers vaulted ceilings, skylights, built-in storage, and tile floors throughout. Furnished and functional, it's ready for updates or renovation. Additional features include a screened patio, open deck, large fenced yard, carport for 4+ vehicles, and a separate workshop/storage space. Accordion shutters provide storm protection, and the roof was updated in 2020. Located in Flood Zone AE 7 with FKAA water and a private septic system. No HOA fees. Zoned R1. Sold as-is. Buyer will receive clear title directly from the current owner at closing.

Listing Agent

Jonathan Minerick

Homecoin.com License #BK3477996 Listed on: 07/04/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,040

Year Built

  • Built in 1986

Lot Details

  • 0.26 Acre Lot
  • Property is zoned R1 - Residential Single Family

Home Design

  • Fixer Upper
  • Frame Construction
  • Shingle Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Single Hung Windows
  • Sliding Doors
  • Tile Flooring
  • Complete Accordion Shutters

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Covered Parking
  • RV or Boat Parking

Outdoor Features

  • Balcony
  • Screened Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include sewer, water
  • Hammock Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,040

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: Sewer, Water
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 83.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Other See Remarks
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6040.27
  • Title: Title Ins - Buyer
  • Vehicle Storage: RV Parking Open, Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1986
  • Alternate Key Number: 00094430-000200
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air
  • Lot Sq Ft: 11317.00
  • Porch Balcony: Open Porch/Balcony, Screened Patio
  • License Info: Non Trans Rntl Lic
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1120.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Property Condition: Fixer Upper
  • Sewer Hook Up: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Sky Light(s), Walk-in Closet(s)
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: No Appliances
  • Floor: Tile
  • Specialty Rooms: Other
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Concrete, Frame
  • Exterior Features: Storage
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Sewer Available, Water Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,126 $232,484 -- --
2023 $6,126 $225,713 $0 $0
2022 $2,659 $219,139 $0 $0
2021 $2,648 $212,757 $0 $0
2020 $2,628 $209,820 $0 $0
2019 $2,613 $205,103 $0 $0
2018 $2,540 $201,279 $0 $0
2017 $2,453 $197,140 $0 $0
2016 $2,503 $193,086 $0 $0
2015 $2,459 $191,744 $0 $0
2014 $2,436 $190,222 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2025 08/02/25 For Sale $650,000 0.0% $580 / Sq Ft
08/02/2025 08/02/25 Price Changed $650,000 -23.5% $580 / Sq Ft
07/15/2025 07/15/25 Off Market $850,000 -- --
07/04/2025 07/04/25 For Sale $850,000 -- $759 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 Sunshine Title Of The Keys I
Warranty Deed $435,000 Concorde Title Insurance Age
Quit Claim Deed -- --
Deed $3,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $41,600 Small Business Administration
Open $100,000 Credit Line Revolving
Open $223,100 New Conventional
Closed $225,000 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $157,195 Stand Alone Second
Previous Owner $348,000 Purchase Money Mortgage
Closed $87,000 No Value Available
Source: Public Records

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Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 615684

APN: 00094430-000200