NOT LISTED FOR SALE

75018 Overseas Hwy Islamorada, FL 33036

Estimated Value: $3,755,248 - $4,667,000

3 Beds
2.5 Baths
4,293 Sq Ft
$971/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $3,550,000 $827 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $22,660/month

92 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Dock made with wood
  • RV Parking in Community
  • Plantation Key School Rated A-
  • RV or Boat Parking
  • Deck

About This Home

As of July 2023

WHY NOT BOTH? OCEAN AND BAY VIEWS from this spectacular palatial home on a ''larger than life'' waterfront lot on Lower Matecumbe Key in Islamorada. Original owner offering 3B/2.5B with over 4,000 Sqft of legal living on 2 floors with ocean, bay and lagoon/harbor views. All concrete construction, Tri-level home with sundecks on 2 levels to capture both sunset & sunrise views, Guest wing w/covered screened patios. Moon & Sunrise views over the Atlantic Ocean from framed archways in living room & 3rd level Primary Suite to include a large solarium - perfect for a home gym or office. Gated entry, landscaped & lighted grounds, multiple carports, storage/workroom plus freight elevator faced in Keystone, large brick paved backyard w/ gazebo & chickee for outdoor enjoyment, plenty of room for a pool, finger pier on protected harbor off Florida Bay, concrete seawall over coral rip rap shoreline, natural sandy baybottom. Prime location for an estate with water views in every direction and from every room!

Last Agent to Sell the Property

Karan Moeller

Ocean Sotheby's International Realty License #0619230 Listed on: 02/03/2023

Ocean Sotheby's International Realty

Last Buyer's Agent

Dominic Rivera

Pine River Realty, LLC License #3268755

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,610

Year Built

  • Built in 1989

Lot Details

  • 0.46 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Fenced
  • Property is zoned R1 - Residential Single Family

Property Views

  • Ocean
  • Gulf
  • Harbor
  • Canal

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 4,293 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Bar
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Workshop
  • Sun or Florida Room
  • Storage
  • Home Gym

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Complete Accordion Shutters

Parking

  • Carport
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Rip-Rap
  • Dock made with wood
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Gazebo
  • Outdoor Storage
  • Tiki or Chickee Hut

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Whole House Permanent Generator
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mat Sandy Bch Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Other Tax Exemptions
  • Assessor Parcel Number 00393890-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,610

Year Built

Built in 1989

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
  • Control Depth: 4
  • Dockage Dock: Wood
  • Dockage Seawall: Rip Rap
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Lower Matecumbe
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 75.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 7610.34
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Trailer Storage, Covered Parking, RV Parking Open, Guest Parking, Open Parking
  • Year Built: 1989
  • Alternate Key Number: 1482218
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 20000.00
  • Porch Balcony: Open Porch/Balcony, Deck, Patio, Roof Top Deck
  • Shutters: Accordion, Panel
  • Species List: No
  • Tax Exemptions: Homestead, Widow/Widower
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 4293.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Bar, Window Treatments, Walk-in Closet(s), Storage, Security System, Elevator, Entrance Foyer, Pantry
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Concrete, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Gym, Workshop, Sun/Florida Room
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Bay Front, Open Water, Canal Front, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Chickee Hut, Storage, Lighting, Gazebo, Fencing
  • Roof: Concrete Roof
  • Waterview: Ocean View, Harbor/Marina View, Open Water View, Canal View, Bay/Gulf View
  • Pool: No

Utilities

  • Utilities: FKAA, Whole House Generatr, Cable Available, Elect Separate Meter, Water Separate Meter, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00393890-000000
  • Lot Size: 100x200
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.46

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 1987
Bought by
Callahan Bonnie
Current Estimated Value
$4,040,854

Purchase Details

Closed on
Feb 1, 1979
Bought by
Callahan Bonnie
Source: Public Records

Range of Values:

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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
Callahan Bonnie $100,000 --
Callahan Bonnie $49,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callahan Bonnie $166,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $3,550,000 -11.1% $827 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
04/24/2023 04/24/23 Price Changed $3,995,000 -10.2% $931 / Sq Ft
04/03/2023 04/03/23 Price Changed $4,450,000 -8.2% $1,037 / Sq Ft
02/03/2023 02/03/23 For Sale $4,850,000 -- $1,130 / 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 $7,710 $3,323,454 $2,700,000 $623,454
2023 $7,710 $782,337 $0 $0
2022 $7,610 $759,551 $0 $0
2021 $7,691 $737,429 $0 $0
2020 $7,623 $727,248 $0 $0
2019 $7,218 $672,103 $0 $0
2018 $7,443 $700,092 $0 $0
2017 $7,156 $685,693 $0 $0
2016 $7,397 $671,590 $0 $0
2015 $7,225 $666,922 $0 $0
2014 $7,222 $661,629 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 604062

Florida Keys Board of REALTORS®

APN: 00393890-000000