NOT LISTED FOR SALE

74051 Overseas Hwy Islamorada, FL 33036

Estimated Value: $2,779,000 - $3,496,003

6 Beds
4 Baths
3,390 Sq Ft
$908/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $1,650,000 $487 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $18,605/month

260 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Fireplace
  • Plantation Key School Rated A-
  • Balcony
  • Impact Glass

About This Home

As of August 2020

Remarkable ocean views from this Islamorada Beach House. Enjoy sunrises and the sandy beach backyard; located on Sea Oats Beach, a mile-long sea turtle nesting beach, with grass flats for wade fishing bonefish and tarpon. Six bedrooms and four bathrooms with a large kitchen and an entertaining bar room. Includes an additional 30 foot x 20 foot parcel, providing an opportunity to build a boat dock on the neighboring canal. Many upgrades including impact glass windows and doors throughout this stunning home in Lower Matecumbe. Owner is a licensed real estate agent. Priced to sell!

Last Agent to Sell the Property

Carolyn Ambler

American Caribbean Real Estate, Christie's International Real Estate License #3074981 Listed on: 10/30/2019

Co-Listed By

Joy Martin

Marr Properties, Inc. License #524075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,403

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 0.43 Acre Lot
  • Ocean Front
  • Home fronts a canal
  • Property is zoned R1 - Residential Single Family

Interior Spaces

  • 3,390 Sq Ft Home
  • Bar
  • Fireplace
  • Entrance Foyer
  • Tile Flooring
  • Ocean Views
  • Impact Glass

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lower Mat Bch Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00389640-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,403

Year Built

Built in 1972 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00388660-000000
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 1
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Lower Matecumbe
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 74.00
  • 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: 15403.09
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Off Street Parking
  • Year Built: 1972
  • Alternate Key Number: 1478024
  • Cooling Heating: Central Air, Ductless
  • Lot Sq Ft: 18900.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3390.00
  • 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: Bar, Pantry, Walk-in Closet(s), Entrance Foyer, Fireplace(s)
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Wine Cooler, Washer, Refrigerator, Range, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 6

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Canal Front, Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Ocean View, Open Water View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, FKAA, Municipal Sewer, Elect Separate Meter, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,VE,VE,VE,AE,AE
  • Parcel Number: 00389640-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.43

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable, Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2019
Closed on
Aug 19, 2020
Sold by
Management Service Partners Llc
Bought by
Symes Martin W and Symes Deborah
Seller's Agent
Carolyn Ambler
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Creative Technology
List Price
$1,775,000
Sold Price
$1,650,000
Premium/Discount to List
-$125,000
-7.04%
Current Estimated Value
$3,078,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,428,751
Avg. Annual Appreciation
12.47%
Original Mortgage
$921,000
Outstanding Balance
$829,722
Interest Rate
3.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,112,355

Purchase Details

Listed on
May 3, 2017
Closed on
Mar 19, 2018
Sold by
E-Z Anchor Inn Llc
Bought by
Management Service Partners Ll
Seller's Agent
Patti Stanley
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Patti Stanley
Angler S Realty Inc.
List Price
$1,775,000
Sold Price
$1,400,000
Premium/Discount to List
-$375,000
-21.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$1,120,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 3, 2017
Closed on
Mar 14, 2018
Sold by
E-Z Anchor Inn Llc
Bought by
Management Service Partners Ll
Seller's Agent
Patti Stanley
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Patti Stanley
Angler S Realty Inc.
List Price
$1,775,000
Sold Price
$1,400,000
Premium/Discount to List
-$375,000
-21.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2013
Sold by
Towns Robert C and Towns George L
Bought by
E-Z Anchor Inn Llc

Purchase Details

Closed on
Apr 13, 2013
Bought by
E-Z Anchor Inn Llc

Purchase Details

Closed on
Aug 22, 2012
Bought by
E-Z Anchor Inn Llc

Purchase Details

Closed on
Nov 12, 2007
Bought by
E-Z Anchor Inn Llc

Purchase Details

Closed on
Dec 23, 1993
Sold by
Towns George L
Bought by
Towns Judith

Purchase Details

Closed on
Dec 1, 1980
Bought by
E-Z Anchor Inn Llc

Purchase Details

Closed on
Feb 1, 1971
Bought by
E-Z Anchor Inn Llc
Source: Public Records

Range of Values:

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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
Symes Martin W $1,600,000 True Title Agency
Management Service Partners Ll $1,400,000 None Listed On Document
Management Service Partners Ll $1,400,000 None Listed On Document
E-Z Anchor Inn Llc -- None Available
E-Z Anchor Inn Llc -- --
Towns Robert C -- None Available
E-Z Anchor Inn Llc -- --
Towns Robert C -- Attorney
E-Z Anchor Inn Llc -- --
Towns Robert C -- Attorney
Towns Judith -- --
E-Z Anchor Inn Llc -- --
E-Z Anchor Inn Llc $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Symes Martin W $921,000
Previous Owner Management Service Partners Ll $1,120,000
Previous Owner Management Service Partners Ll $1,120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $1,650,000 -2.7% $487 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
04/02/2020 04/02/20 Price Changed $1,695,000 -4.5% $500 / Sq Ft
10/30/2019 10/30/19 For Sale $1,775,000 +26.8% $524 / Sq Ft
03/15/2018 03/15/18 Sold $1,400,000 -21.1% $413 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
05/03/2017 05/03/17 For Sale $1,775,000 -- $524 / 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
2024 $18,623 $2,430,777 $1,926,572 $504,205
2023 $18,623 $1,981,950 $1,497,542 $484,408
2022 $17,369 $1,802,237 $1,312,794 $489,443
2021 $15,577 $1,307,384 $882,441 $424,943
2020 $15,631 $1,307,244 $923,549 $383,695
2019 $15,403 $1,257,848 $869,778 $388,070
2018 $13,989 $1,127,410 $822,386 $305,024
2017 $13,760 $1,132,642 $0 $0
2016 $14,037 $1,093,123 $0 $0
2015 $12,858 $1,004,903 $0 $0
2014 $12,714 $986,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587999

Florida Keys Board of REALTORS®

APN: 00389640-000000