NOT LISTED FOR SALE

74980 Overseas Hwy Unit 3 Islamorada, FL 33036

Estimated Value: $1,353,000 - $2,155,000

5 Beds
3 Baths
2,240 Sq Ft
$850/mo HOA Fee

Last Sold March 30, 2022

Last sale price $1,700,000 $759 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $11,576/month

29 Days on Market

Highlights

  • Ocean View
  • Boat Ramp
  • Boat Lift
  • Plantation Key School Rated A-
  • Assigned Dock
  • Property Fronts a Bay or Harbor

About This Home

As of March 2022

Live the Islamorada lifestyle at Sandglass Condominium. Located on the top floor unit offers water views of the bay and the ocean across Sea Oats Beach. Offering 5 bedrooms and 3 baths on two levels of living space - 1 Primary Suite and 2 Guest rooms on the main living level and an additional Primary Suite, Guest room and Loft living area on the upstairs level all with water views. The open living floor plan includes a spacious kitchen, and a large, screened patio with fabulous water views and perfect for entertaining. This unit includes a 30 ft slip with an 18,000 lb boat lift and immediate bay access. Covered parking and storage area under building is also included. This may just be the piece of paradise you've been looking for.

Last Agent to Sell the Property

Jamie Engel

Coldwell Banker Schmitt Islamorada License #3125869 Listed on: 02/09/2022

Coldwell Banker Schmitt Islamorada

Last Buyer's Agent

Jane Wasmund

Coldwell Banker Schmitt Key Largo

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,455

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Privacy Fence

HOA Fees

  • $850 Monthly HOA Fees

Property Views

  • Ocean
  • Canal

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,240 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Entrance Foyer
  • Loft
  • Storage

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Guest Parking

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Boat Slip
  • Assigned Dock
  • Dock made with wood
  • Screened Patio
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00097890-000203

Community Details

Overview

  • Association fees include bldg exterior mnt, exterminating, building insurance, common area mnt, cable
  • 4 Units
  • Sandglass Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Boat Dock

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,455

Year Built

Built in 1989 | Remodeled

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 850.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Wood
  • Dockage Dock Length: 30
  • Fee Includes: Bldg Exterior Mnt, Exterminating, Building Insurance, Common Area Mnt, Cable
  • Handicap Access: No
  • Key Island: Lower Matecumbe
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 74.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Community Dockage
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6455.15
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Guest Parking
  • Year Built: 1989
  • Alternate Key Number: 8766467
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Porch Balcony: Patio, Screened Patio
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2240.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Storage, Whirlpool Bath Tub, Entrance Foyer
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Wine Cooler, Refrigerator, Stainless Steel Appliance(s), Microwave, Oven, Freezer, Dryer
  • Floor: Carpet, Wood, Tile
  • Specialty Rooms: Loft
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 5
  • Accessibility Features: None

Exterior Features

  • Dockage: Assigned Dock, Boat Lift, Boat Slip, Boat Ramp
  • Waterfront: Bay Front, Open Water, Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Lighting, Storage, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: Canal View, Ocean View, Open Water View
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00097890-000203
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Mar 30, 2022
Sold by
Tidd Kurt W and Tidd Eileen S
Bought by
Willow Station Llc
Seller's Agent
Jamie Engel
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Jane Wasmund
Coldwell Banker Schmitt Key Largo
List Price
$1,750,000
Sold Price
$1,700,000
Premium/Discount to List
-$50,000
-2.86%
Current Estimated Value
$1,760,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,985
Avg. Annual Appreciation
1.04%
Original Mortgage
$400,000
Outstanding Balance
$377,013
Interest Rate
4.42%
Mortgage Type
Seller Take Back
Estimated Equity
$1,383,972

Purchase Details

Listed on
Jan 11, 2017
Closed on
May 25, 2017
Sold by
Happy Ours In The Keys Llc
Bought by
Tidd Kurt W and Tidd Eileen S
Seller's Agent
Melissa Nowell
Ocean Sotheby's International Realty
Buyer's Agent
Jamie Engel
Coldwell Banker Schmitt Islamorada
List Price
$899,000
Sold Price
$789,000
Premium/Discount to List
-$110,000
-12.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.15%

Purchase Details

Closed on
Aug 27, 2013
Sold by
Dunlap Kim E and The Kim E Dunlap Revocable Tru
Bought by
Happy Ours In The Keys Llc

Purchase Details

Closed on
Jan 7, 2004
Sold by
Dunlap Kim E
Bought by
Dunlap Kim E and Kim E Dunlap Revocable Trust

Purchase Details

Closed on
Dec 31, 1997
Sold by
Mirian E Dunlap Tr
Bought by
Dunlap Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
7.2%
Source: Public Records

Range of Values:

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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
Willow Station Llc $1,700,000 Andrew M Tobin Pa
Tidd Kurt W $789,000 Coastal Title & Closing Serv
Happy Ours In The Keys Llc $625,000 Attorney
Dunlap Kim E -- --
Dunlap Kim $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willow Station Llc $400,000
Previous Owner Dunlap Kim $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2022 03/30/22 Sold $1,700,000 -2.9% $759 / Sq Ft
02/09/2022 02/09/22 For Sale $1,750,000 +121.8% $781 / Sq Ft
05/25/2017 05/25/17 Sold $789,000 -12.2% $352 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $899,000 -- $401 / 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 $13,802 $1,517,585 -- $1,517,585
2023 $13,802 $1,517,585 $0 $1,517,585
2022 $6,348 $741,519 $0 $0
2021 $6,455 $719,922 $0 $719,922
2020 $6,533 $719,922 $0 $719,922
2019 $7,141 $669,753 $0 $669,753
2018 $7,118 $669,753 $0 $0
2017 $6,760 $654,492 $0 $0
2016 $6,947 $709,762 $0 $0
2015 $5,860 $530,880 $0 $0
2014 $5,926 $530,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jamie Engel

    Seller's Agent in 2022

    Jamie Engel

    Coldwell Banker Schmitt Islamorada

    (305) 664-4470

    46 in this area

    106 Total Sales

    Jamie Engel
    Section Image

  • J

    Buyer's Agent in 2022

    Jane Wasmund

    Coldwell Banker Schmitt Key Largo

  • W

    Buyer Co-Listing Agent in 2022

    Wendy Ives

    RE/MAX Keys Properties

  • M

    Seller's Agent in 2017

    Melissa Nowell

    Ocean Sotheby's International Realty

    (305) 662-7325

    31 in this area

    53 Total Sales

    Melissa Nowell
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599577

Florida Keys Board of REALTORS®

APN: 00097890-000203

Florida Monroe County Islamorada 33036

74980 Overseas Hwy Unit 3, Islamorada, FL

This home is located at 74980 Overseas Hwy Unit 3, Islamorada, FL 33036 since 09 February 2022 and is currently estimated at $1,760,985, approximately $786 per square foot. This property was built in 1989. 74980 Overseas Hwy Unit 3 is a home located in Monroe County with nearby schools including Plantation Key School and Coral Shores High School.

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