$350,000
SOLD SEP 29, 2022

Palms of Islamorda 79901 Overseas Hwy Unit 104 Islamorada, FL 33036

1 Bed
1 Bath
409 Sq Ft
$511/mo HOA Fee

Recently Sold

$856 Per Sq Ft

5 Days on Market

Highlights

  • Ocean Front
  • Concrete Pool
  • Furnished
  • Plantation Key School Rated A-
  • Clubhouse
  • 1-minute walk to Lignumvitae Key Botanical State Park

About This Home

As of March 2024

Endless views of the Ocean and Alligator Lighthouse. Wake Up to the Sunrise - Walk Out to the pristine Caribbean blue waters of the Florida Keys. Splash your kayak or paddle board into your own real-life aquarium right off the seawall. The Palms of Islamorada is located in a prime location of the Florida Keys. 1.5 Hours to Miami Airport and 1.5 Hours to Key West. Ride your bike to downtown Islamorada for all the fun and festive activities. Walk to Bud & Mary's Marina for endless offshore and backcountry fishing. This 1 bedroom 1 bath is on the 1st floor and is easily accessible to everything on property and is ready for your personalized touch, to make it your own. This would be a great WEEKEND GETAWAY, STARTER HOME or RENTAL/INCOME property.

Last Agent to Sell the Property

Krissy Carnahan

Realty ONE Group Destination (ISL) License #3508306 Listed on: 08/07/2022

Realty ONE Group Destination (ISL)

Last Buyer's Agent

Krissy Carnahan

Realty One Group Engage the Keys License #3508306

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,885

Year Built

  • Built in 1976

Lot Details

  • Fenced

HOA Fees

  • $511 Monthly HOA Fees

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 409 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • Covered Parking
  • Electric Gate
  • Guest Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible
  • Accessible Ramps
  • Accessible Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Tiki or Chickee Hut
  • Attached Grill

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00096770-000400

Community Details

Overview

  • Association fees include bldg exterior mnt, water, sewer, security, exterminating, common area mnt, cable, building insurance
  • Palms Of Isla Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Lobby

Recreation

  • Community Pool
  • Bike Trail

Pet Policy

  • Pet Restriction: 1 pet up to 25#

Security

  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,885

Year Built

Built in 1976

Lot Details

0

HOA Fees

$511 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 511.00
  • Mandatory HOA: Yes
  • Dockage Seawall: Other
  • Fee Includes: Bldg Exterior Mnt, Water, Other, Sewer, Security, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Handicap Access: Yes
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 80.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths, Other Area Features, Manager on Premises, Clubhouse, Community Pool
  • Pets W Restrictions: 1 pet up to 25#
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 1885.49
  • Vehicle Storage: Assigned Parking, Vehicle Restrictions, Guest Parking, Covered Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1976
  • Alternate Key Number: 1112461
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 409.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Granite Counter Top, Lobby, Elevator
  • Floor Number: 1.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Oven, Refrigerator, Range
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 1
  • Accessibility Features: Accessible Elevator Installed, Wheelchair Ramp, Parking

Exterior Features

  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Built-in Grill, Storage, Fencing, Lighting, Hot Tub, Chickee Hut
  • Roof: Concrete Roof, Other Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: VE,AE,AE,VE,AE,AE,AE
  • Parcel Number: 00096770-000400
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished, Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Mar 15, 2024
Sold by
Gallub Philip
Bought by
Deponte Kristin Geelan and Mcdonald Joseph William
Seller's Agent
Krissy Carnahan
Realty ONE Group Destination (ISL)
Buyer's Agent
Krissy Carnahan
Realty ONE Group Destination (ISL)
List Price
$420,000
Sold Price
$387,000
Premium/Discount to List
-$33,000
-7.86%
Views
117
Current Estimated Value
$385,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,242
Avg. Annual Appreciation
1.61%
Original Mortgage
$287,000
Outstanding Balance
$283,690
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$112,086

Purchase Details

Listed on
Aug 7, 2022
Closed on
Sep 26, 2022
Sold by
Akins Donald M and Akins Dawn M
Bought by
Gallub Philip
Seller's Agent
Krissy Carnahan
Realty ONE Group Destination (ISL)
Buyer's Agent
Krissy Carnahan
Realty ONE Group Destination (ISL)
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%

Purchase Details

Closed on
Sep 22, 2020
Sold by
Peter Woichik
Bought by
Akins Donald M and Akins Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2017
Sold by
Davi Edith K
Bought by
Marvin Robert J and The Edith Ferreira Davi Revoca

Purchase Details

Closed on
May 1, 2002
Sold by
Peter Rising and Peter Mary C
Bought by
Davi Edith K

Purchase Details

Closed on
Apr 1, 1993
Bought by
Davi Edith K

Purchase Details

Closed on
Feb 1, 1988
Bought by
Davi Edith K

Purchase Details

Closed on
Apr 1, 1980
Bought by
Davi Edith K

Purchase Details

Closed on
May 1, 1979
Bought by
Davi Edith K
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 Type Sale Price Title Company
Warranty Deed $387,000 Coral Reef Title
Warranty Deed $350,000 Palm Title Services
Warranty Deed $160,000 Dozier & Dozier
Warranty Deed -- Dozier & Dozier
Interfamily Deed Transfer -- Southeastern Title Co Ll
Warranty Deed $85,000 --
Warranty Deed $62,000 --
Warranty Deed $65,000 --
Warranty Deed $55,000 --
Deed $38,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $287,000 New Conventional
Previous Owner $281,500 New Conventional
Previous Owner $128,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $387,000 -5.6% $946 / Sq Ft
10/06/2023 10/06/23 Price Changed $410,000 -2.4% $1,002 / Sq Ft
09/18/2023 09/18/23 For Sale $420,000 +20.0% $1,027 / Sq Ft
09/29/2022 09/29/22 Sold $350,000 0.0% $856 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
08/07/2022 08/07/22 For Sale $350,000 -- $856 / 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 $2,852 $291,985 -- $291,985
2023 $2,852 $285,037 $0 $285,037
2022 $2,105 $232,925 $0 $232,925
2021 $1,885 $168,471 $0 $168,471
2020 $1,864 $165,545 $0 $165,545
2019 $1,770 $152,612 $0 $152,612
2018 $1,764 $152,612 $0 $0
2017 $1,689 $147,931 $0 $0
2016 $1,768 $147,931 $0 $0
2015 $1,601 $133,236 $0 $0
2014 $1,816 $152,801 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 602241

Florida Keys Board of REALTORS®

APN: 00096770-000400