NOT LISTED FOR SALE

Palms of Islamorda 79901 Overseas Hwy Unit 517 Islamorada, FL 33036

Estimated Value: $398,000 - $667,000

2 Beds
2 Baths
827 Sq Ft
$547/mo HOA Fee

Last Sold March 02, 2018

Last sale price $320,000 $387 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,653/month

9 Days on Market

Highlights

  • Ocean Front
  • Steam Room
  • Gulf View
  • Plantation Key School Rated A-
  • In Ground Pool
  • 1-minute walk to Lignumvitae Key Botanical State Park

About This Home

As of March 2018

Stunning Views from the completely remodeled unit at the The Palms in Islamorada. The unit has a large master bedroom and a small bedroom to accommodate occasional guest. There are two full bathrooms. The Condo has an open floor plan, kitchen remodeled with gorgeous quartz counter tops, bamboo flooring throughout except Kitchen and Bathrooms. New A/C, tropical fans throughout, the building is on the ocean side and has many amenities including Pool, Jacuzzi and Tikis for outdoor entertainment. Also featured are his and hers workout facilities. One assigned parking and plenty of additional parking. Storage for Kayaks and Paddle Boards, at first come basis. This Condo has an incredible Rental History and is already rented for Season 2018. Please call or text to show. OWNER/AGENT

Last Agent to Sell the Property

Edith Massy

Sharon J. Kelly Realty, Inc. License #3081879 Listed on: 01/04/2018

Last Buyer's Agent

Marie Leger

Caribee Prop Of The Fl Keys

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,652

Year Built

  • Built in 1976

Lot Details

HOA Fees

  • $547 Monthly HOA Fees

Interior Spaces

  • 827 Sq Ft Home
  • 5-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Steam Room
  • Home Gym
  • Tile Flooring
  • Laundry Room

Kitchen

  • Oven
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Tiki or Chickee Hut

Utilities

  • Heat Pump System
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction: 25lb only one

Additional Features

  • Clubhouse
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,652

Year Built

Built in 1976

Lot Details

0

HOA Fees

$547 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 547.00
  • 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
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Mile Marker: 80.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Community Pool
  • Pets W Restrictions: 25lb only one
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2652.12
  • Vehicle Storage: Assigned Parking, Guest Parking
  • Year Built: 1976
  • Alternate Key Number: 1113239
  • Cooling Heating: Ceiling Fans(s), Heat Pump
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 5 Stories
  • Estimated Living Sq Ft: 827.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Quartz Countertops
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Refrigerator
  • Floor: Other, Tile
  • Specialty Rooms: Gym, Sauna/Steam Room, Laundry Room
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Hot Tub
  • Waterview: Bay/Gulf View

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: No
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2018
Closed on
Apr 6, 2018
Sold by
Koehler and Edith
Bought by
Cook Esau and Cook Kelli
Seller's Agent
Edith Massy
Sharon J. Kelly Realty, Inc.
Buyer's Agent
Marie Leger
Caribee Prop Of The Fl Keys
List Price
$335,000
Sold Price
$320,000
Premium/Discount to List
-$15,000
-4.48%
Current Estimated Value
$509,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,917
Avg. Annual Appreciation
6.95%
Original Mortgage
$256,000
Outstanding Balance
$220,896
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$306,755

Purchase Details

Listed on
Jan 4, 2018
Closed on
Feb 26, 2018
Sold by
Koehler and Edith
Bought by
Cook Esau and Cook Kelli
Seller's Agent
Edith Massy
Sharon J. Kelly Realty, Inc.
Buyer's Agent
Marie Leger
Caribee Prop Of The Fl Keys
List Price
$335,000
Sold Price
$320,000
Premium/Discount to List
-$15,000
-4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Outstanding Balance
$220,896
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$306,755

Purchase Details

Closed on
Aug 1, 2014
Sold by
Koehler Donald
Bought by
Koehler Donald and Massy Edith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,700
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2014
Closed on
Mar 24, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Koehler Donald
Seller's Agent
Stephen Sibiga
MMLS Assoc.-Inactive Member
Buyer's Agent
Stephen Sibiga
MMLS Assoc.-Inactive Member
List Price
$175,000
Sold Price
$184,219
Premium/Discount to List
$9,219
5.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%

Purchase Details

Closed on
Nov 21, 2013
Sold by
Mitchell James W and Mitchell James
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 8, 2013
Sold by
Mitchell James W and Mitchell James
Bought by
Deutsche Bank National Trust Company and American Home Mortgage Investment Trust

Purchase Details

Closed on
Jun 21, 2005
Sold by
Hoy Donald and Hoy Joan Lorraine
Bought by
Mitchell James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 10, 2000
Sold by
Stapleton Norma L
Bought by
Hoy Joan L and Hoy Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,200
Interest Rate
8.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 1999
Sold by
Wellenhofer Linda W and Wellenhofer John
Bought by
Stapelton Norma L

Purchase Details

Closed on
Dec 1, 1983
Bought by
Koehler Donald

Purchase Details

Closed on
Aug 1, 1980
Bought by
Koehler Donald

Purchase Details

Closed on
May 1, 1979
Bought by
Koehler Donald
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
Cook Esau $320,000 New Title Company Name
Cook Esau $320,000 New Title Company Name
Koehler Donald $78,000 Attorney
Koehler Donald $184,300 Attorney
Deutsche Bank National Trust Company -- None Available
Deutsche Bank National Trust Company -- None Available
Mitchell James W $450,000 Coral Reef Title Company
Hoy Joan L $114,000 --
Stapelton Norma L $105,000 --
Koehler Donald $80,000 --
Koehler Donald $75,000 --
Koehler Donald $48,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Esau $256,000
Closed Cook Esau $256,000
Previous Owner Koehler Donald $128,700
Previous Owner Mitchell James W $416,000
Previous Owner Mitchell James W $426,400
Previous Owner Mitchell James W $416,000
Previous Owner Mitchell James W $405,000
Previous Owner Stapelton Norma L $120,000
Previous Owner Stapelton Norma L $91,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2018 03/02/18 Sold $320,000 -4.5% $387 / Sq Ft
01/13/2018 01/13/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $335,000 +81.8% $405 / Sq Ft
03/27/2014 03/27/14 Sold $184,219 +5.3% $223 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $175,000 -- $212 / 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 $3,774 $408,804 -- $408,804
2023 $3,774 $399,289 $0 $399,289
2022 $3,406 $327,922 $0 $327,922
2021 $3,218 $280,345 $0 $280,345
2020 $3,184 $275,587 $0 $275,587
2019 $3,015 $252,975 $0 $252,975
2018 $2,930 $252,975 $0 $0
2017 $2,631 $219,211 $0 $0
2016 $2,763 $219,211 $0 $0
2015 $2,528 $200,142 $0 $0
2014 $2,201 $165,517 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Edith Massy

    Sharon J. Kelly Realty, Inc.

  • M

    Buyer's Agent in 2018

    Marie Leger

    Caribee Prop Of The Fl Keys

  • S

    Seller's Agent in 2014

    Stephen Sibiga

    MMLS Assoc.-Inactive Member

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About Palms of Islamorda

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578080

Florida Keys Board of REALTORS®

APN: 00096770-008100

Florida Monroe County Islamorada 33036

79901 Overseas Hwy Unit 517, Islamorada, FL

This home is located at 79901 Overseas Hwy Unit 517, Islamorada, FL 33036 since 04 January 2018 and is currently estimated at $527,651, approximately $638 per square foot. This property was built in 1976. 79901 Overseas Hwy Unit 517 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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