NOT LISTED FOR SALE

77521 Overseas Hwy Unit 1 Islamorada, FL 33036

Estimated Value: $2,599,000 - $4,312,000

4 Beds
4.5 Baths
3,382 Sq Ft
$1,048/Sq Ft Est. Value

Last Sold January 09, 2019

Last sale price $1,285,000 $380 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $20,232/month

192 Days on Market

Highlights

  • Ocean Front
  • Dock Facilities
  • Sandy Beach
  • Plantation Key School Rated A-
  • Beach
  • 1-minute walk to Lignumvitae Key Botanical State Park

About This Home

As of January 2019

Oceanfront Islamorada home priced to sell! Don't miss this opportunity to own Tarpon Residence, the best deal on an oceanfront luxury home in Islamorada. Spacious three story four bedroom and four and half bath home with oceanfront balconies. Enjoy captivating ocean water views from this lovely home. Designed to meet the ultra-high standards of the owner, this exceptional home allows for the most advanced building techniques and resides in harmony with one of the worlds few remaining untouched and fully protected marine habitats. You will love the attention to detail, the chef's kitchen with Wolf Gas Range and Sub Zero refrigerator; custom cabinets and gorgeous granite counters. Weekly 7-day vacation rental qualified making this residence at Tarpon Point a great investment.

Last Agent to Sell the Property

Joy Martin

Marr Properties, Inc. License #524075 Listed on: 05/08/2018

Last Buyer's Agent

Carolyn Ambler

American Caribbean Real Estate, Christie's International Real Estate License #3074981

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,721

Year Built

  • Built in 2016

Lot Details

  • 3,963 Sq Ft Lot
  • Ocean Front
  • Sandy Beach
  • Fenced
  • Property is zoned R1 - Residential Single Family

HOA Fees

  • $800 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 3,382 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Parking

  • Attached Garage
  • Carport
  • Electric Gate

Outdoor Features

  • Heated In Ground Pool
  • Dock Facilities
  • Dock made with concrete
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Air
  • Whole House Permanent Generator
  • Propane
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00397141-000100

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt
  • Mat Ocean Bay Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,721

Year Built

Built in 2016

Lot Details

0

HOA Fees

$800 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 800.00
  • Mandatory HOA: Yes
  • Control Depth: 2
  • Dockage Dock: Concrete
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Lower Matecumbe
  • Limited Representation: No
  • Mile Marker: 75.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Fire Hydrant, Community Pool
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 9720.93
  • Vehicle Storage: Attached, Covered Parking, Carport
  • Year Built: 2016
  • Alternate Key Number: 9102712
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 3963.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 3382.00
  • Pre Wired: Cat 5, Surround Sound
  • Pre Wired Other: Audio / Speakers
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets, Whirlpool Bath Tub, Security System, Walk-in Closet(s), Storage, Pantry, Granite Counter Top, Drapes/Blinds Incl, Entrance Foyer
  • Floor Number: 3.00
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Microwave, Refrigerator, Gas Appliances, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Dock Privileges
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Sandy Beach, Lighting
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, Whole House Generatr, Water Separate Meter, Propane, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,AE,AE
  • Parcel Number: 00397141-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
Jan 9, 2019
Sold by
Rosseau David A
Bought by
Stafford Stephen Hiran and Stafford Carol A
Seller's Agent
Joy Martin
Marr Properties, Inc.
Buyer's Agent
Carolyn Ambler
American Caribbean Real Estate, Christie's International Real Estate
List Price
$1,400,000
Sold Price
$1,285,000
Premium/Discount to List
-$115,000
-8.21%
Current Estimated Value
$3,315,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,030,825
Avg. Annual Appreciation
16.64%
Original Mortgage
$650,000
Outstanding Balance
$562,061
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,981,311

Purchase Details

Closed on
Mar 1, 2017
Sold by
Etc Xii Llc
Bought by
Rosseau David A
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
Stafford Stephen Hiran $1,285,000 Attorney
Rosseau David A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stafford Stephen Hiran $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2019 01/09/19 Sold $1,285,000 -8.2% $380 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $1,400,000 -- $414 / 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 $16,376 $2,717,768 $1,550,000 $1,167,768
2023 $16,376 $2,577,426 $1,450,000 $1,127,426
2022 $14,178 $2,039,049 $900,000 $1,139,049
2021 $12,524 $1,513,549 $500,000 $1,013,549
2020 $10,460 $1,079,094 $243,000 $836,094
2019 $10,936 $1,114,625 $270,000 $844,625
2018 $10,126 $1,001,066 $158,520 $842,546
2017 $9,636 $1,009,577 $0 $0
2016 $1,450 $158,520 $0 $0
2015 $825 $82,232 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 580116

Florida Keys Board of REALTORS®

APN: 00397141-000100