NOT LISTED FOR SALE

77521 Overseas Hwy Unit 5 Islamorada, FL 33036

Estimated Value: $2,621,000 - $3,525,114

4 Beds
4 Baths
2,796 Sq Ft
$1,105/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $1,595,000 $570 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $18,775/month

113 Days on Market

Highlights

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

About This Home

As of March 2021

Oceanfront home in premiere gated Islamorada community. This 4 bedroom, 4 bath home has it all. Three stories of extraordinary views accessible via formal stairwell or take the elevator. Gourmet kitchen with high end appliances. Make this your primary, vacation home or investment with allowable weekly rentals. Beautiful pool area on the oceans edge, sandy beach, a great kayak trip to Indian Key. Fish from your on site pier. Generator system for the entire community. Too many extras to list, must be seen to be appreciated!

Last Agent to Sell the Property

Joy Martin

Marr Properties, Inc. License #524075 Listed on: 09/29/2020

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

  • $11,069

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 3,387 Sq Ft Lot
  • Ocean Front
  • Sandy Beach
  • Privacy Fence
  • Property is zoned TC - Tourist Commercial

HOA Fees

  • $800 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 2,796 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Entrance Foyer
  • Storage
  • Ocean Views
  • Impact Glass

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Electric Gate

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Parking

Outdoor Features

  • Heated In Ground Pool
  • Dock Facilities
  • Balcony
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00397141-000500

Community Details

Overview

  • Association fees include common area mnt
  • Mat Ocean Beach Subdivision

Recreation

  • Boat Dock
  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,069

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$800 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00397141000500
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 800.00
  • Mandatory HOA: Yes
  • Control Depth: 2
  • Fee Includes: Common Area Mnt
  • Key Island: Lower Matecumbe
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 77.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Other Area Features, Community Pool, Community Dockage
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 11069.21
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport
  • Year Built: 2016
  • Alternate Key Number: 9102716
  • Cooling Heating: Central Air
  • Lot Sq Ft: 3387.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2796.00
  • Financial Status Standard Sale: Yes
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Whirlpool Bath Tub, Walk-in Closet(s), Pantry, Elevator, Granite Counter Top, Entrance Foyer, Cathedral Ceilings
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Oven, Microwave, Gas Appliances, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 4
  • Accessibility Features: Accessible Elevator Installed, Parking

Exterior Features

  • Dockage: Dock Privileges, Other Dockage
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence, Storage, Sandy Beach
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Elect Separate Meter, Whole House Generatr, Propane

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE
  • Parcel Number: 00397141-000500
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2021
Sold by
Geraty Patrick and Fagan Hugh Joseph
Bought by
Bonefish 5 Llc
Current Estimated Value
$2,993,673

Purchase Details

Listed on
Sep 29, 2020
Closed on
Mar 9, 2021
Sold by
Etc Xii Llc
Bought by
Geraty Patrick and Fagen Hugh Joseph
Seller's Agent
Joy Martin
Marr Properties, Inc.
Buyer's Agent
Carolyn Ambler
American Caribbean Real Estate, Christie's International Real Estate
List Price
$1,595,000
Sold Price
$1,595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.03%
Original Mortgage
$1,196,250
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bonefish 5 Llc $350,000 Attorney
Geraty Patrick $1,595,000 True Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Geraty Patrick $1,196,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $1,595,000 0.0% $570 / Sq Ft
09/29/2020 09/29/20 For Sale $1,595,000 -- $570 / 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 $19,954 $2,498,976 $1,503,500 $995,476
2023 $19,954 $2,367,129 $1,406,500 $960,629
2022 $17,467 $1,843,740 $873,000 $970,740
2021 $11,908 $1,228,671 $350,000 $878,671
2020 $11,403 $1,259,684 $540,000 $719,684
2019 $11,012 $1,267,027 $540,000 $727,027
2018 $9,081 $867,107 $140,080 $727,027
2017 $8,361 $874,451 $0 $0
2016 $1,281 $135,480 $0 $0
2015 $705 $70,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joy Martin

    Seller's Agent in 2021

    Joy Martin

    Marr Properties, Inc.

    (305) 394-7866

    66 in this area

    141 Total Sales

    Section Image
  • Carolyn Ambler

    Buyer's Agent in 2021

    Carolyn Ambler

    American Caribbean Real Estate, Christie's International Real Estate

    (203) 395-6773

    39 in this area

    61 Total Sales

    Section Image

  • M

    Buyer Co-Listing Agent in 2021

    Mykael Marinelli

    Coconut Grove Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592757

Florida Keys Board of REALTORS®

APN: 00397141-000500

Florida Monroe County Islamorada 33036

77521 Overseas Hwy Unit 5, Islamorada, FL

This home is located at 77521 Overseas Hwy Unit 5, Islamorada, FL 33036 since 29 September 2020 and is currently estimated at $3,090,779, approximately $1,105 per square foot. This property was built in 2016. 77521 Overseas Hwy Unit 5 is a home located in Monroe County with nearby schools including Plantation Key School and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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