NOT LISTED FOR SALE

Palms of Islamorda 79901 Overseas Hwy Unit 205 Islamorada, FL 33036

Estimated Value: $640,000 - $728,000

2 Beds
2 Baths
981 Sq Ft
$784/mo HOA Fee

Last Sold April 30, 2021

Last sale price $522,050 $532 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,989/month

7 Days on Market

Highlights

  • Ocean Front
  • Building Security
  • Furnished
  • Plantation Key School Rated A-
  • Heated In Ground Pool
  • 1-minute walk to Lignumvitae Key Botanical State Park

About This Home

As of April 2021

Enjoy captivating ocean views from this fully renovated beautiful two bedroom, two bathroom turn-key condominium complete with washer and dryer in the unit. Walk to some of the best restaurants Islamorada has to offer, as well as the best fishing guides and charters, and diving/snorkeling operations in the Florida Keys. Step out of your unit right down to the pool, the beach, or your covered parking spot. All of this on the island you never need to leave. Renovated completely down to the studs, including new wiring, all new plumbing, new drywall, new flooring, and ceilings, a new kitchen and appliances-here is your opportunity to bring your suitcase & toothbrush and start living the island life immediately. Offered turn key with all accoutrements to use or rent. Your paradise awaits!

Last Agent to Sell the Property

Eric Rizzo

Ocean Sotheby's International Realty License #3347022 Listed on: 03/19/2021

Ocean Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,252

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 3

HOA Fees

  • $784 Monthly HOA Fees

Interior Spaces

  • 981 Sq Ft Home
  • 5-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Storage

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Electric Gate
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Spa
  • Pool Deck

Outdoor Features

  • Balcony
  • Patio
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Separate Meters
  • Cable TV Available

Additional Features

  • Handicap Accessible

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00096770-000900

Community Details

Overview

  • Association fees include bldg exterior mnt, sewer, water, exterminating, common area mnt, building insurance
  • Palms Of Isla Subdivision
  • Rental Restrictions

Amenities

  • Lobby

Pet Policy

  • Pet Restriction: YES

Security

  • Building Security
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,252

Year Built

Built in 1976 | Remodeled

Lot Details

0

HOA Fees

$784 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 784.00
  • Mandatory HOA: Yes
  • Control Depth: 1
  • Fee Includes: Bldg Exterior Mnt, Sewer, Water, Exterminating, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 80.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3252.09
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Off Street Parking, Guest Parking, Covered Parking
  • Year Built: 1976
  • Alternate Key Number: 1112518
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Decked, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 5 Stories
  • Estimated Living Sq Ft: 981.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Smoke Alarms, Walk-in Closet(s), Storage, Granite Counter Top, Lobby, Elevator, Drapes/Blinds Incl
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Ice Machine, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave, Freezer, Dryer, Disposal
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Combo Construction
  • Exterior Features: Chickee Hut, Hot Tub
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Secured Building
  • Utilities: Cable Available, Water Separate Meter, Sewer Available, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,AE,VE,AE,AE,AE
  • Parcel Number: 00096770-000900
  • Land Size: 2 Less Than 5 Acres

Rental Info

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

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Apr 28, 2021
Sold by
Malloy Janet C
Bought by
Dettman Leslie L and The Leslie Dettman Revocable T
Seller's Agent
Eric Rizzo
Ocean Sotheby's International Realty
Buyer's Agent
Creative Technology
List Price
$525,000
Sold Price
$522,050
Premium/Discount to List
-$2,950
-0.56%
Current Estimated Value
$693,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,567
Avg. Annual Appreciation
6.78%
Original Mortgage
$365,435
Outstanding Balance
$277,975
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$413,176

Purchase Details

Listed on
Jan 8, 2018
Closed on
Nov 30, 2020
Sold by
Kaiser Road South Llc
Bought by
Malloy Janet C
Seller's Agent
Randy Selden
Century 21 Circle- Islamorada
Buyer's Agent
Eric Rizzo
Ocean Sotheby's International Realty
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.91%

Purchase Details

Closed on
Jul 16, 2015
Sold by
Mcdonnell Frank James and Mcdonnell Necole
Bought by
Kaiser Road South Llc

Purchase Details

Closed on
Mar 29, 2006
Sold by
Cason Clay M
Bought by
Mcdonnell Frank James and Mcdonnell Necole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 6, 2004
Sold by
Carey Daniel and Marchese Anthony
Bought by
Cason Clay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1992
Bought by
Kaiser Road South Llc

Purchase Details

Closed on
Aug 1, 1986
Bought by
Kaiser Road South Llc
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
Dettman Leslie L $522,100 Equity Title & Escrow Inc
Malloy Janet C $475,000 Attorney
Kaiser Road South Llc $350,000 Attorney
Mcdonnell Frank James $580,000 Coral Reef Title Company
Cason Clay M $475,000 --
Kaiser Road South Llc $132,000 --
Kaiser Road South Llc $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dettman Leslie L $365,435
Previous Owner Mcdonnell Frank James $417,000
Previous Owner Cason Clay M $399,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $522,050 -0.6% $532 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $525,000 +10.5% $535 / Sq Ft
11/30/2020 11/30/20 Sold $475,000 -4.0% $484 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
02/27/2020 02/27/20 Price Changed $495,000 -14.5% $505 / Sq Ft
01/02/2020 01/02/20 Price Changed $579,000 +16.0% $590 / Sq Ft
01/08/2018 01/08/18 For Sale $499,000 -- $509 / 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 $4,885 $601,273 -- $601,273
2023 $4,885 $585,546 $0 $585,546
2022 $4,297 $467,596 $0 $467,596
2021 $3,840 $398,215 $0 $398,215
2020 $3,353 $380,665 $0 $380,665
2019 $3,106 $345,803 $0 $345,803
2018 $2,922 $345,803 $0 $0
2017 $2,378 $246,182 $0 $0
2016 $2,526 $246,182 $0 $0
2015 $2,342 $232,680 $0 $0
2014 $2,667 $261,785 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Rizzo

    Seller's Agent in 2021

    Eric Rizzo

    Ocean Sotheby's International Realty

    (305) 394-3062

    41 in this area

    56 Total Sales

    Section Image

  • o

    Buyer's Agent in 2021

    outside of mls

    Outside Of MLS

  • Randy Selden

    Seller's Agent in 2020

    Randy Selden

    Century 21 Circle- Islamorada

    (305) 481-6732

    19 Total Sales

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About Palms of Islamorda

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595233

Florida Keys Board of REALTORS®

APN: 00096770-000900

Florida Monroe County Islamorada 33036

79901 Overseas Hwy Unit 205, Islamorada, FL

This home is located at 79901 Overseas Hwy Unit 205, Islamorada, FL 33036 since 19 March 2021 and is currently estimated at $691,151, approximately $704 per square foot. This property was built in 1976. 79901 Overseas Hwy Unit 205 is a home located in Monroe County with nearby schools including Plantation Key School, Coral Shores High School, and Island Christian 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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