NOT LISTED FOR SALE

225 Tollgate Blvd Islamorada, FL 33036

Estimated Value: $1,993,284 - $2,576,000

3 Beds
2 Baths
1,550 Sq Ft
$1,474/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $2,140,000 $1,381 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $13,346/month

114 Days on Market

Highlights

  • Boat Lift
  • Bay View
  • Deck
  • Plantation Key School Rated A-
  • Home fronts a canal
  • Recreation Room

About This Home

As of February 2023

The fabulous home is located in a sought-after neighborhood in Islamorada. Recently remodeled and updated: CBS, metal roof, impact windows, chef kitchen, high-end/stainless steel appliances, gas range, granite countertop, porcelain tile, crown molding, garage, camera security system, new pavers, and much more! The Master bedroom features its own private balcony and large master bathroom, with a stunning walk-in shower. There are tons of entertainment areas inside and outside including a fabulous oversized balcony to watch sunsets nightly. Large lot, with plenty of room for a pool, AND 70' dockage on a large canal. Fantastic vacation rental home... the home is already booked for 6 months in 2023. You cannot beat the location for boating! Don't miss this fantastic home in the Keys!

Last Agent to Sell the Property

April Struhs

Coldwell Banker Schmitt R.E. License #3421340 Listed on: 11/04/2022

Coldwell Banker Schmitt R.E.

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,623

Year Built

  • Built in 1970

Lot Details

  • 6,575 Sq Ft Lot
  • 70 Ft Wide Lot
  • Home fronts a canal
  • South Facing Home
  • Fenced
  • Property is zoned is

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking

Property Views

  • Bay
  • Canal

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,550 Sq Ft Home
  • 2-Story Property
  • Furniture for Sale
  • Ceiling Fan
  • Recreation Room
  • Ceramic Tile Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Canal Width 1-80 Feet
  • Boat Lift
  • Balcony
  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00390530-000000

Community Details

Overview

  • Toll Gate Shores Subdivision

Amenities

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,623

Year Built

Built in 1970

Lot Details

0

HOA Fees

$21 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: From Overseas Highway turn towards the Bay onto Tollgate Blvd. Follow road, house will be on the left.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: TOLL GATE SHORES
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry, Recreation Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Furniture For Sale
  • Living Area: 1550
  • Possible Use: Secondary
  • Bedroom Features: Primary Bath Shower
  • Living Room Features: Recreation Room
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • Roof: Metal Roof
  • View: Bay, Canal
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony, Open Porch, Screened Porch, Wrap Around
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Canal Front, Canal Width 1-80 Feet
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TOLL GATE SHORES
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Covered, Driveway, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Picnic Area
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Voluntary

Lot Info

  • Parcel Number: 00390530-000000
  • Lot Size Sq Ft: 6575
  • Zoning: is
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7623

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Feb 24, 2023
Sold by
Elbaum David
Bought by
Kaufmann Richard and Kaufmann Barbara
Seller's Agent
April Struhs
Coldwell Banker Schmitt R.E.
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$2,300,000
Sold Price
$2,140,000
Premium/Discount to List
-$160,000
-6.96%
Views
34
Current Estimated Value
$2,284,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,071
Avg. Annual Appreciation
2.61%
Original Mortgage
$1,605,000
Outstanding Balance
$1,500,636
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$783,435

Purchase Details

Closed on
Jan 19, 2011
Sold by
Elbaum David A and Elbaum Katherine M
Bought by
Elbaum David A

Purchase Details

Closed on
May 26, 1994
Sold by
Garcia Paul R and Garcia Carol M
Bought by
Elbaum David A and Elbaum Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
8.52%

Purchase Details

Closed on
May 1, 1994
Bought by
Elbaum David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
8.52%

Purchase Details

Closed on
Apr 1, 1991
Bought by
Elbaum David A

Purchase Details

Closed on
Nov 1, 1988
Bought by
Elbaum David A

Purchase Details

Closed on
May 1, 1986
Bought by
Elbaum David A
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
Kaufmann Richard $2,140,000 Coral Reef Title
Elbaum David A -- Attorney
Elbaum David A $260,000 --
Elbaum David A $260,000 --
Elbaum David A $72,500 --
Elbaum David A $230,000 --
Elbaum David A $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaufmann Richard $1,605,000
Previous Owner Elbaum David Allan $38,506
Previous Owner Elbaum David A $130,000
Previous Owner Elbaum David A $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $2,140,000 -6.6% $1,381 / Sq Ft
11/28/2022 11/28/22 Price Changed $2,290,000 -0.4% $1,477 / Sq Ft
11/04/2022 11/04/22 For Sale $2,300,000 -- $1,484 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $11,710 $1,708,672 $1,249,776 $458,896
2023 $11,710 $1,419,600 $904,063 $515,537
2022 $9,975 $1,002,929 $560,519 $442,410
2021 $7,623 $756,476 $358,009 $398,467
2020 $7,151 $663,057 $358,009 $305,048
2019 $4,997 $472,879 $0 $0
2018 $4,843 $461,621 $0 $0
2017 $4,706 $458,982 $0 $0
2016 $4,805 $443,195 $0 $0
2015 $4,688 $442,128 $0 $0
2014 $4,731 $447,005 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11298810

MIAMI REALTORS® MLS

APN: 00390530-000000