NOT LISTED FOR SALE

75485 Overseas Hwy Islamorada, FL 33036

Estimated Value: $2,819,000 - $3,564,000

3 Beds
4 Baths
2,124 Sq Ft
$1,470/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $2,660,000 $1,252 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $18,485/month

7 Days on Market

Highlights

  • Ocean Front
  • Sandy Beach
  • Deck
  • Plantation Key School Rated A-
  • Outdoor Pool
  • Outdoor Kitchen

About This Home

As of March 2022

What dreams are made of. Signature, fully furnished and updated, Islamorada Oceanfront home. Watch the ocean sparkle and beckon you from this elegant 3-bedroom 4-bath Florida Keys Oasis. Primary level features gourmet kitchen, living area, elegant dining, and two ensuite Bedrooms and baths. Impact sliding glass doors to the veranda, that fully pocket, for wide-open views and tropical breezes.The refreshing pool overlooking the ocean features its own delightful cabana with full shower. This Home was designed with entertaining in mind, featuring its separate party bar/outside kitchen gazebo and Large Deck for alfresco dining. An irreplaceable coral rock wall adds to its charm and character. The sumptuous, Master Suite occupies the entire top-level, offering the utmost in privacy and luxury. Soak in jaw-dropping forever views and welcome the Sunrise from its private veranda.An abundance of phenomenal features including impact Glass, CBS construction, electronic gated entry, covered parking and metal roof.Over 100 feet of rare sandy beach takes this home to a rarely found level.Super, vacation rental opportunities!Extraordinary... Is an understatement

Last Agent to Sell the Property

Mykael Marinelli

American Caribbean Real Estate, Christie's International Real Estate License #624654 Listed on: 12/14/2021

Last Buyer's Agent

Amy Bruggeman

American Caribbean Real Estate, Christie's International Real Estate License #3387593

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,758

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 14,500 Sq Ft Lot
  • Ocean Front
  • Sandy Beach
  • Property is zoned R1 - Residential Single Family

Home Design

  • Split Level Home
  • Metal Roof

Interior Spaces

  • 2,124 Sq Ft Home
  • Furnished
  • Bar
  • Ceiling Fan
  • Sliding Doors
  • Utility Room
  • Tile Flooring
  • Ocean Views
  • Impact Glass

Kitchen

  • Oven
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport
  • Electric Gate

Pool

  • Outdoor Pool
  • Pool Deck

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Outdoor Kitchen
  • Outdoor Storage

Utilities

  • Central Air
  • Propane
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 00394700-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,758

Year Built

Built in 1991 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Lower Matecumbe
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 75.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 8757.68
  • Vehicle Storage: Carport
  • Vehicle Storage Cars: 4+
  • Year Built: 1991
  • Alternate Key Number: 1487112
  • Building Style: Split Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 14500.00
  • Pool Info: Decked
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 2124.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Split Bedroom, Walk-in Closet(s), Window Treatments
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Wine Cooler, Oven, Refrigerator, Gas Appliances, Dryer
  • Floor: Tile
  • Specialty Rooms: Utility Room
  • Windows/Doors: Impact Rstnce Window, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Bar, Sandy Beach, Storage, Outdoor Kitchen
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, Propane, Sewer Available, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,VE,AE,AE
  • Parcel Number: 00394700-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Aguiar Alberto and Aguiar Barbara
Bought by
Aguiar Alberto and Aguiar Alberto
Current Estimated Value
$3,121,978

Purchase Details

Listed on
Dec 14, 2021
Closed on
Mar 4, 2022
Sold by
Sixth Chakra Llc
Bought by
Aguiar Alberto and Aguiar Barbara
Seller's Agent
Mykael Marinelli
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Amy Bruggeman
American Caribbean Real Estate, Christie's International Real Estate
List Price
$2,700,000
Sold Price
$2,660,000
Premium/Discount to List
-$40,000
-1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$1,640,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2021
Sold by
Alfonso Ernesto and Alfonso Irene
Bought by
Sixth Chakra Llc

Purchase Details

Closed on
Apr 8, 2014
Sold by
Asset Acquisition & Resolution Entity Ll
Bought by
Alfonso Ernesto and Alfonso Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.43%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 10, 2014
Sold by
Residential Credit Solutions Inc
Bought by
Asset Acquisition & Resolution Entity Ll

Purchase Details

Closed on
Jul 8, 2013
Sold by
Marshall John A
Bought by
Residential Credit Solutions Inc

Purchase Details

Closed on
Jun 17, 2013
Sold by
Marshall John A and Marshall John
Bought by
Residential Credit Solutions Inc

Purchase Details

Closed on
Jun 8, 2001
Sold by
John A Marshall M
Bought by
Marshall John A and Marshall Dottie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,124
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 1999
Sold by
Marshall John A and Marshall E
Bought by
Marshall John A

Purchase Details

Closed on
Jun 30, 1994
Sold by
Green Philip A and Green Barbara A
Bought by
Marshall John A and Marshall Dottie E

Purchase Details

Closed on
Jul 1, 1983
Bought by
Alfonso Ernesto and Alfonso Irene

Purchase Details

Closed on
Feb 1, 1975
Bought by
Alfonso Ernesto and Alfonso Irene
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Aguiar Alberto -- None Listed On Document
Aguiar Alberto $2,660,000 Hershoff Lupino & Yagel Llp
Sixth Chakra Llc $1,850,000 Attorney
Alfonso Ernesto $850,000 Attorney
Asset Acquisition & Resolution Entity Ll -- Attorney
Residential Credit Solutions Inc -- None Available
Residential Credit Solutions Inc -- None Available
Marshall John A -- --
Marshall John A -- --
Marshall John A $450,000 --
Alfonso Ernesto $57,000 --
Alfonso Ernesto $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aguiar Alberto $1,640,000
Previous Owner Alfonso Ernesto $500,000
Previous Owner Marshall John A $500,000
Previous Owner Marshall John A $1,300,000
Previous Owner Marshall John W $960,000
Previous Owner Marshall John W $85,000
Previous Owner Marshall John A $56,124
Previous Owner Marshall John A $39,921
Previous Owner Marshall John A $34,985
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $2,660,000 -1.5% $1,252 / Sq Ft
12/14/2021 12/14/21 For Sale $2,700,000 -- $1,271 / 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 $22,206 $2,466,513 $1,492,567 $973,946
2023 $22,206 $2,331,999 $1,380,409 $951,590
2022 $17,075 $1,749,221 $996,485 $752,736
2021 $8,836 $855,971 $0 $0
2020 $8,758 $844,153 $0 $0
2019 $8,728 $825,174 $0 $0
2018 $8,521 $809,789 $0 $0
2017 $10,330 $1,015,488 $0 $0
2016 $10,700 $994,602 $0 $0
2015 $8,779 $780,736 $0 $0
2014 $9,086 $804,149 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598826

Florida Keys Board of REALTORS®

APN: 00394700-000000