NOT LISTED FOR SALE

Palms of Islamorda 79901 Overseas Hwy Unit 303 Islamorada, FL 33036

Estimated Value: $583,000 - $718,000

2 Beds
2 Baths
981 Sq Ft
3 Acres

Last Sold October 26, 2020

Last sale price $442,000 $451 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,056/month

6 Days on Market

Highlights

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

About This Home

As of October 2020

VERY SPECIAL CONDO. This is truly a TURN KEY unit. High end furnishings are included. Both baths have been remodeled. All tile floors with area rugs. Must be seen to be appreciated. Located in one of the most popular ocean front condo complexes in Islamorada you will love the complex and this unit! Bring your personal items and your water toys - kayak or paddle board. Don't delay - this one won't be on the market for long. Make an appointment to see this unit now and bring your checkbook!

Last Agent to Sell the Property

Andrea (Andi) Saylor

Realty One Group Engage the Keys License #3427827 Listed on: 08/30/2020

Realty One Group Engage the Keys

Last Buyer's Agent

Peter Schwarz-Top Producer

LoKation Real Estate License #3301618

LoKation Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,341

Year Built

  • Built in 1976

Lot Details

Interior Spaces

  • 981 Sq Ft Home
  • 5-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck

Utilities

  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00096770-002700

Community Details

Overview

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

Pet Policy

  • Pet Restriction: YES

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,341

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 737.00
  • Mandatory HOA: Yes
  • Document Count: 4
  • Fee Includes: Bldg Exterior Mnt, Security, Water, Sewer, Exterminating, Common Area Mnt, Cable, Building Insurance
  • 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
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3341.49
  • Year Built: 1976
  • Alternate Key Number: 1112691
  • Pool Info: Concrete, In Ground, Decked
  • Pool Info Heated: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 5 Stories
  • Estimated Living Sq Ft: 981.00
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Range, Oven, Microwave, Freezer, Disposal
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA, Elect Separate Meter, Cable Available

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: VE,AE,AE,VE,AE,AE,AE
  • Parcel Number: 00096770-002700
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 84.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2020
Closed on
Oct 26, 2020
Sold by
Patrick Daly
Bought by
Joblon Susan M
Seller's Agent
Andrea (Andi) Saylor
Realty One Group Engage the Keys
Buyer's Agent
Peter Schwarz-Top Producer
LoKation Real Estate
List Price
$449,900
Sold Price
$442,000
Premium/Discount to List
-$7,900
-1.76%
Current Estimated Value
$670,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,846
Avg. Annual Appreciation
8.68%
Original Mortgage
$353,600
Outstanding Balance
$315,371
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$342,481

Purchase Details

Listed on
Jan 19, 2015
Closed on
Mar 26, 2015
Sold by
Dean Sally Rising
Bought by
Daly Patrick and Daly Karen M
Seller's Agent
Andrea (Andi) Saylor
Keys Holiday Rentals, Inc.
Buyer's Agent
Bill Wilkinson
RE/MAX Keys To The Key
List Price
$347,500
Sold Price
$336,250
Premium/Discount to List
-$11,250
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$269,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2014
Sold by
Dean Sally R
Bought by
Dean Sally Rising

Purchase Details

Closed on
Jul 11, 2003
Bought by
Daly Patrick and Daly Karen M

Purchase Details

Closed on
Jul 27, 2001
Sold by
Rickie Knobel I
Bought by
Knobel Rickie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1983
Bought by
Daly Patrick and Daly Karen M
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
Joblon Susan M $442,000 Coral Reef Title
Joblon Susan M $442,000 Coral Reef Title
Daly Patrick $336,300 Florida Title Of The Keys
Dean Sally Rising -- Florida Title Of The Keys
Daly Patrick $300,000 --
Knobel Rickie -- --
Daly Patrick $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joblon Susan M $353,600
Closed Joblon Susan M $353,600
Previous Owner Daly Patrick $269,000
Previous Owner Knobel Rickie $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $442,000 -1.8% $451 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
08/30/2020 08/30/20 For Sale $449,900 +33.8% $459 / Sq Ft
04/08/2015 04/08/15 Sold $336,250 -3.2% $343 / Sq Ft
02/17/2015 02/17/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $347,500 -- $354 / 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 $4,601 $527,274 -- $527,274
2023 $4,601 $513,878 $0 $513,878
2022 $4,111 $413,414 $0 $413,414
2021 $3,854 $346,438 $0 $346,438
2020 $3,549 $313,403 $0 $313,403
2019 $3,341 $286,049 $0 $286,049
2018 $3,332 $286,049 $0 $0
2017 $3,122 $270,276 $0 $0
2016 $3,285 $270,276 $0 $0
2015 $2,917 $238,920 $0 $0
2014 $3,179 $261,785 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Andrea (Andi) Saylor

    Realty One Group Engage the Keys

    (305) 407-4326

    6 Total Sales

    Section Image
  • Peter Schwarz-Top Producer

    Buyer's Agent in 2020

    Peter Schwarz-Top Producer

    LoKation Real Estate

    (305) 394-5171

    32 in this area

    156 Total Sales

    Section Image
  • Ewa Schwarz

    Buyer Co-Listing Agent in 2020

    Ewa Schwarz

    LoKation Real Estate

    (305) 781-5704

    30 in this area

    152 Total Sales

    Section Image
  • Bill Wilkinson

    Buyer's Agent in 2015

    Bill Wilkinson

    RE/MAX

    (305) 849-1107

    29 Total Sales

    Section Image
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About Palms of Islamorda

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592311

Florida Keys Board of REALTORS®

APN: 00096770-002700

Florida Monroe County Islamorada 33036

79901 Overseas Hwy Unit 303, Islamorada, FL

This home is located at 79901 Overseas Hwy Unit 303, Islamorada, FL 33036 since 30 August 2020 and is currently estimated at $657,852, approximately $670 per square foot. This property was built in 1976. 79901 Overseas Hwy Unit 303 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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