NOT LISTED FOR SALE

75300 Overseas Hwy Islamorada, FL 33036

Estimated Value: $4,709,000 - $8,416,957

4 Beds
5.5 Baths
4,610 Sq Ft
$1,424/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $7,100,000 $1,540 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $40,216/month

511 Days on Market

Highlights

  • Detached Guest House
  • Boat Ramp
  • Property Fronts a Bay or Harbor
  • Plantation Key School Rated A-
  • Boat Lift
  • Newly Remodeled

About This Home

As of December 2020

''Sea Garden'' is located on an impressive landscaped 1.5 acre bayfront parcel sprinkled with orchids and boasts a highly unique bayside coral reef right behind the docks. This completely solar powered home has been built to last and offers over 120' of deep water dockage with 13k boat lift plus kayak/paddleboard ramp and floating dock. Three car garage with upstairs guest house is an added bonus to this already impeccable estate. Watch the bald eagles fly by, the painted sky sunsets and enjoy the natural surrounding beauty of the Florida Keys right from your back porch!

Last Agent to Sell the Property

The Florida Keys Sold Sisters

Ocean Sotheby's International Realty Listed on: 06/18/2019

Ocean Sotheby's International Realty

Last Buyer's Agent

David Grego

Island Breeze Realty Branch Office License #BK3107004

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,336

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • 1.46 Acre Lot
  • Property Fronts a Bay or Harbor
  • Sprinkler System
  • Property is zoned R1 - Residential Single Family

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 4,610 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Gulf Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Maid or Guest Quarters
  • Low Flow Toliet

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Electric Gate
  • Open Parking

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights
  • Solar Power System

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Davits
  • Boat Lift
  • Boat Ramp
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00394580-000000

Community Details

Overview

  • No Home Owners Association
  • Lower Mat Harbor Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,336

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Composite
  • Dockage Dock Length: 120
  • Fee Includes: None
  • Key Island: Lower Matecumbe
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 75.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 26335.75
  • Title: Title Ins - Buyer
  • Vehicle Storage: Detached, Open Parking, Trailer Storage, Garage
  • Vehicle Storage Cars: 3
  • Year Built: 2013
  • Alternate Key Number: 1486973
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Heat, Central Air
  • Lot Sq Ft: 63467.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 4610.00
  • Specialty Rooms Guest Servant Qtrs: Legal
  • G F Interior Features: LED Lighting, Low Flow Toilets
  • G F Utilities: Solar Panels
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Split Bedroom, Walk-in Closet(s), Tray Ceilings
  • Total Bathrooms: 5.10
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Range, Refrigerator, Oven, Microwave, Dryer, Disposal
  • Floor: Combo
  • Half Bathrooms: 1
  • Windows/Doors: French Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Lift, Davits, Boat Ramp
  • Waterfront: Bay Front, Open Water
  • Waterfront: Yes
  • Construction: Concrete
  • Exterior Features: Detached Guest Qtrs, Sprinkler System, Rain Gutters, Outdoor Shower, Lighting
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Cable Available, Propane, Solar Power, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE,AE,VE
  • Parcel Number: 00394580-000000
  • Lot Size: approx 128 X 647 X 100 X 580
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.46

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Dec 11, 2020
Sold by
Wertheimer Stephen N and Wertheimer Judith F
Bought by
Watson David A and Watson Michele D
Seller's Agent
The Florida Keys Sold Sisters
Ocean Sotheby's International Realty
Buyer's Agent
David Grego
Island Breeze Realty Branch Office
List Price
$7,950,000
Sold Price
$7,100,000
Premium/Discount to List
-$850,000
-10.69%
Current Estimated Value
$6,562,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$537,021
Avg. Annual Appreciation
-1.64%

Purchase Details

Closed on
Feb 4, 2010
Sold by
Mcdonald Iris Marie and Delucas Iris
Bought by
Wertheimer Stephen N and Wertheimer Judith F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,085,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2003
Sold by
Skrobeck Roger L
Bought by
Delucas Frank T and Delucas Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2003
Sold by
Bagnell Michael E and Bagnell Kristi B
Bought by
Skrobeck Roger L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2003
Bought by
Wertheimer Stephen N and Wertheimer Judith F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 1999
Sold by
Stephen F Bacen Tr
Bought by
Hagnell Wesley R and Bagnell Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
7.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 1997
Sold by
Pr Mary G Barr
Bought by
Bacen Stephen F

Purchase Details

Closed on
Jun 1, 1982
Bought by
Wertheimer Stephen N and Wertheimer Judith F
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
Watson David A $7,100,000 Attorney
Wertheimer Stephen N $1,550,000 Island Acquisition Title Co
Delucas Frank T $1,275,000 --
Skrobeck Roger L $1,150,000 Coral Reef Title Company
Wertheimer Stephen N $261,800 --
Hagnell Wesley R $730,000 --
Bacen Stephen F $100 --
Bacen Stephen F $456,000 --
Wertheimer Stephen N $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wertheimer Stephen N $1,085,000
Previous Owner Delucas Frank T $650,000
Previous Owner Skrobeck Roger L $800,000
Previous Owner Bacen Stephen F $584,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $7,100,000 -5.3% $1,540 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
09/16/2020 09/16/20 Price Changed $7,500,000 -5.7% $1,627 / Sq Ft
06/18/2019 06/18/19 For Sale $7,950,000 -- $1,725 / 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 $62,987 $8,648,568 $5,445,469 $3,203,099
2023 $62,987 $7,511,115 $4,523,928 $2,987,187
2022 $56,841 $6,451,354 $3,389,138 $3,062,216
2021 $52,661 $5,372,190 $2,594,214 $2,777,976
2020 $36,409 $4,670,573 $2,476,451 $2,194,122
2019 $30,289 $3,213,825 $1,751,689 $1,462,136
2018 $28,430 $3,204,034 $1,825,470 $1,378,564
2017 $27,216 $3,448,440 $0 $0
2016 $25,509 $2,926,079 $0 $0
2015 $21,462 $2,248,545 $0 $0
2014 $20,558 $2,259,511 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 586167

Florida Keys Board of REALTORS®

APN: 00394580-000000