NOT LISTED FOR SALE

80441 Old Hwy Islamorada, FL 33036

Estimated Value: $2,044,000 - $2,411,455

1 Bed
1 Bath
848 Sq Ft
$2,669/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $2,250,000 $2,653 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $13,852/month

40 Days on Market

Highlights

  • Ocean Front
  • Dock made with concrete
  • 39,522 Sq Ft lot
  • Plantation Key School Rated A-
  • Sandy Beach
  • 1-minute walk to Founders Park

About This Home

As of March 2023

WELCOME TO THE ORCHID HOUSE! This oceanfront cottage features a beautiful white sandy beach, open water panoramic ocean views, and skiff dockage with a ramp for all your water toys! Located in downtown Islamorada within walking distance to restaurants, shopping, entertainment and marinas in the Sportsfishing Capital of the World! You are surrounded by lush tropical landscaping on over 1/2 acre of land overlooking a beautiful white sandy beach and the Atlantic Ocean with views of Alligator Lighthouse! The adorable ground level cottage offers a light and bright open floor plan with ocean breezes and a relaxing spacious screened porch. This property is truly one of a kind featuring a tranquil and private setting. Enjoy as is, or build your oceanfront dream home The property is zoned Residential Estate allowing a weekly rental license can be applied for. This is truly one of a kind that must be seen to be appreciated!

Last Agent to Sell the Property

Jan Keller

Coldwell Banker Schmitt Islamorada License #0670883 Listed on: 02/01/2023

Coldwell Banker Schmitt Islamorada

Co-Listed By

Charlotte Porter

Coldwell Banker Schmitt Islamorada License #3026666

Last Buyer's Agent

Kelly Shaw Pa

American Caribbean Real Estate, Christie's International Real Estate License #0583328

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,690

Year Built

  • Built in 1964

Lot Details

  • 0.91 Acre Lot
  • Ocean Front
  • Sandy Beach
  • Property is zoned RE - Residential Estate

Home Design

  • Key West Architecture
  • Metal Roof

Interior Spaces

  • 848 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Shutters
  • Sun or Florida Room
  • Tile Flooring
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Dock made with concrete
  • Screened Patio
  • Lanai
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • The Key Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00405130-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,690

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00405130-000100
  • Additional Assessor Parcel Number 2: 00096690-000000
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 2
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 80.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 14689.93
  • Title: Title Ins - Buyer
  • Year Built: 1964
  • Alternate Key Number: 1497401
  • Building Style: Ground Level, Conch
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 39522.00
  • Porch Balcony: Patio, Screened Patio
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 848.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Sun/Florida Room
  • Total Bedrooms: 1

Exterior Features

  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Lighting, Sandy Beach, Lanai
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,AE,AE
  • Parcel Number: 00405130-000000
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Mar 31, 2023
Sold by
Islamorada Leisure Properties Inc
Bought by
Phillip J Spady Inheritors Trust and Pinnacle Bank
Seller's Agent
Jan Keller
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Kelly Shaw Pa
American Caribbean Real Estate, Christie's International Real Estate
List Price
$2,450,000
Sold Price
$2,250,000
Premium/Discount to List
-$200,000
-8.16%
Views
75
Current Estimated Value
$2,263,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,364
Avg. Annual Appreciation
0.25%

Purchase Details

Closed on
Mar 28, 2002
Bought by
Islamorada Leisure Properties Inc

Purchase Details

Closed on
Jul 1, 1989
Bought by
Islamorada Leisure Properties Inc

Purchase Details

Closed on
Jul 1, 1988
Bought by
Islamorada Leisure Properties Inc

Purchase Details

Closed on
Dec 1, 1987
Bought by
Islamorada Leisure Properties Inc
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
Phillip J Spady Inheritors Trust $2,250,000 --
Islamorada Leisure Properties Inc $745,000 --
Islamorada Leisure Properties Inc $185,000 --
Islamorada Leisure Properties Inc -- --
Islamorada Leisure Properties Inc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $2,250,000 -8.2% $2,653 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $2,450,000 -- $2,889 / 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 $18,522 $1,826,817 $1,657,701 $169,116
2023 $18,522 $2,518,116 $2,356,800 $161,316
2022 $14,690 $1,858,143 $1,727,773 $130,370
2021 $12,545 $1,212,132 $1,103,577 $108,555
2020 $11,917 $1,213,588 $1,103,577 $110,011
2019 $10,728 $986,534 $910,386 $76,148
2018 $9,902 $908,847 $833,329 $75,518
2017 $9,486 $909,914 $0 $0
2016 $9,278 $851,839 $0 $0
2015 $8,193 $722,290 $0 $0
2014 $8,188 $715,729 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jan Keller

    Seller's Agent in 2023

    Jan Keller

    Coldwell Banker Schmitt Islamorada

    (305) 664-7069

    84 in this area

    101 Total Sales

    Jan Keller
    Section Image
  • Charlotte Porter

    Seller Co-Listing Agent in 2023

    Charlotte Porter

    Coldwell Banker Schmitt Islamorada

    (305) 393-2749

    86 in this area

    103 Total Sales

    Charlotte Porter
    Section Image

  • K

    Buyer's Agent in 2023

    Kelly Shaw Pa

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 664-7303

    40 in this area

    48 Total Sales

    Kelly Shaw Pa
    Section Image

  • T

    Buyer Co-Listing Agent in 2023

    Trent Shaw

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 664-7344

    24 in this area

    30 Total Sales

    Trent Shaw
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 604049

Florida Keys Board of REALTORS®

APN: 00405130-000000

Florida Monroe County Islamorada 33036

80441 Old Hwy, Islamorada, FL

This home is located at 80441 Old Hwy, Islamorada, FL 33036 since 01 February 2023 and is currently estimated at $2,263,364, approximately $2,669 per square foot. This property was built in 1964. 80441 Old Hwy 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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