NOT LISTED FOR SALE

Palms of Islamorda 79901 Overseas Hwy Unit 508 Islamorada, FL 33036

Estimated Value: $487,000 - $710,000

2 Beds
2 Baths
981 Sq Ft
$846/mo HOA Fee

Last Sold March 28, 2019

Last sale price $425,000 $433 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,705/month

7 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Outdoor Kitchen
  • Plantation Key School Rated A-
  • Deck
  • 1-minute walk to Lignumvitae Key Botanical State Park

About This Home

As of March 2019

Location Location Location!!! Best Kept Secret in Islamorada!!! This 2/2 has been tastefully updated. It has Spectacular Views, from your oceanfront balcony or enjoy a refreshing dip in the pool or ocean. Located near Bud & Mary's and minutes to all your favorite restaurants. This is a Must See!

Last Agent to Sell the Property

Tracey Petrusha

Venture Realty Group License #651549 Listed on: 03/01/2019

Last Buyer's Agent

Amy Puto

Coldwell Banker Schmitt Real Estate Co. License #3012615

Coldwell Banker Schmitt Real Estate Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,838

Year Built

  • Built in 1976 | Remodeled

Lot Details

HOA Fees

  • $846 Monthly HOA Fees

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 981 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Sliding Doors
  • Home Gym
  • Tile Flooring
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Electric Gate
  • Guest Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible
  • Accessible Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Kitchen
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00096770-007200

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Resident Manager or Management On Site
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,838

Year Built

Built in 1976 | Remodeled

Lot Details

0

HOA Fees

$846 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 846.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Sewer, Water, Exterminating, Common Area Mnt, Cable, 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
  • Mile Marker: 80.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Manager on Premises
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2838.28
  • Vehicle Storage: Assigned Parking, Guest Parking
  • Year Built: 1976
  • Alternate Key Number: 1113140
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Porch Balcony: Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 981.00
  • Financial Status Auction: No
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Floor Number: 4.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Refrigerator
  • Floor: Tile
  • Specialty Rooms: Gym, Laundry Room
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: Accessible, Parking, Accessible Elevator Installed

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Chickee Hut, Hot Tub, Outdoor Kitchen, Lighting
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,AE,VE,AE,AE,AE
  • Parcel Number: 00096770-007200
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
Apr 4, 2019
Sold by
Geldhauser Scott W and Geldhauser Gillen M
Bought by
Puto Jerauld M and Puto Amy C
Seller's Agent
Tracey Petrusha
Venture Realty Group
Buyer's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
List Price
$440,000
Sold Price
$425,000
Premium/Discount to List
-$15,000
-3.41%
Current Estimated Value
$657,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,078
Avg. Annual Appreciation
6.17%

Purchase Details

Listed on
Mar 1, 2019
Closed on
Mar 28, 2019
Sold by
Geldhauser Scott W and Geldhauser Gillen M
Bought by
Puto Jerauld M and Puto Amy C
Seller's Agent
Tracey Petrusha
Venture Realty Group
Buyer's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
List Price
$440,000
Sold Price
$425,000
Premium/Discount to List
-$15,000
-3.41%

Purchase Details

Listed on
Jan 5, 2015
Closed on
Feb 27, 2015
Sold by
Steiner Mark W and Panich Mary Anne
Bought by
Geldhauser Scott W and Geldhauser Gillen M
Seller's Agent
The Florida Keys Sol Sabrina Wampler
Ocean Sotheby's International Realty
Buyer's Agent
Andrea (Andi) Saylor
Keys Holiday Rentals, Inc.
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$272,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2012
Sold by
Steiner Mark and Panich Mary Anne
Bought by
Steiner Mark W and Panich Mary Anne

Purchase Details

Closed on
Apr 1, 1992
Bought by
Geldhauser Scott W and Geldhauser Gillen M

Purchase Details

Closed on
Jun 1, 1989
Bought by
Geldhauser Scott W and Geldhauser Gillen M

Purchase Details

Closed on
Nov 1, 1983
Bought by
Geldhauser Scott W and Geldhauser Gillen M

Purchase Details

Closed on
Jul 1, 1981
Bought by
Geldhauser Scott W and Geldhauser Gillen M

Purchase Details

Closed on
Jun 1, 1979
Bought by
Geldhauser Scott W and Geldhauser Gillen M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Puto Jerauld M $425,000 None Listed On Document
Puto Jerauld M $425,000 None Listed On Document
Geldhauser Scott W $340,000 Florida Title Of The Keys
Steiner Mark W -- Attorney
Steiner Wanda L -- Attorney
Geldhauser Scott W $175,500 --
Geldhauser Scott W $158,000 --
Geldhauser Scott W $120,700 --
Geldhauser Scott W $122,000 --
Geldhauser Scott W $77,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Geldhauser Scott W $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2019 03/28/19 Sold $425,000 -3.4% $433 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $440,000 +29.4% $449 / Sq Ft
02/27/2015 02/27/15 Sold $340,000 -2.9% $347 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $350,000 -- $357 / 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 $3,129 $368,261 -- --
2023 $3,129 $357,535 $0 $0
2022 $3,063 $347,122 $0 $0
2021 $3,108 $337,012 $0 $337,012
2020 $3,077 $332,359 $0 $332,359
2019 $3,306 $308,443 $0 $308,443
2018 $3,296 $308,443 $0 $0
2017 $3,103 $294,846 $0 $0
2016 $3,280 $294,846 $0 $0
2015 $2,886 $261,375 $0 $0
2014 $2,923 $261,785 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracey Petrusha

    Seller's Agent in 2019

    Tracey Petrusha

    Venture Realty Group

    (305) 896-1080

    10 in this area

    83 Total Sales

    Section Image
  • Amy Puto

    Buyer's Agent in 2019

    Amy Puto

    Coldwell Banker Schmitt Real Estate Co.

    (305) 766-1745

    10 in this area

    289 Total Sales

    Section Image
  • The Florida Keys Sol Sabrina Wampler

    Seller's Agent in 2015

    The Florida Keys Sol Sabrina Wampler

    Ocean Sotheby's International Realty

    (305) 393-0585

    73 in this area

    114 Total Sales

    Section Image

  • A

    Buyer's Agent in 2015

    Andrea (Andi) Saylor

    Keys Holiday Rentals, Inc.

See All Agents

About Palms of Islamorda

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 584526

Florida Keys Board of REALTORS®

APN: 00096770-007200

Florida Monroe County Islamorada 33036

79901 Overseas Hwy Unit 508, Islamorada, FL

This home is located at 79901 Overseas Hwy Unit 508, Islamorada, FL 33036 since 01 March 2019 and is currently estimated at $622,328, approximately $634 per square foot. This property was built in 1976. 79901 Overseas Hwy Unit 508 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.

Nearby Homes