NOT LISTED FOR SALE

81212 Old Hwy Islamorada, FL 33036

Estimated Value: $859,000 - $1,114,000

2 Beds
2.5 Baths
728 Sq Ft
$1,335/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $725,000 $996 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,864/month

136 Days on Market

Highlights

  • Heated In Ground Pool
  • No HOA
  • 1-minute walk to Founders Park
  • Plantation Key School Rated A-

About This Home

As of August 2021

Home located at MM 81.2 on the Old Road located near the art district and along Morada Way!A magical, modern new island-style villa with very private pool patio awaits your arrival. This newly renovated home features 2 bedrooms, 2.5 baths, and a custom pool featuring a private lounging beach. Living area can easily be increased by adding living area on road side of property and a creative second floor master would also be an amazing! Located conveniently just a walk, bike, or cart ride to all the restaurants, breweries, and boutiques on Morada Way and Upper Matecumbe Key. Originally built in 1961, this home is NEW from the inside out, features brand new appliances, electrical, plumbing, windows, doors and more, but still keeps its 1960s design and charm. This home is currently a professionally marketed seasonal rental with over $60,000 in rental income since January 2020.SELLER FINANCING POSSIBLE!

Last Agent to Sell the Property

Patti Stanley

Coldwell Banker Schmitt Islamorada License #0427521 Listed on: 04/05/2021

Coldwell Banker Schmitt Islamorada

Last Buyer's Agent

Tom Rodriguez

American Caribbean Real Estate, Christie's International Real Estate License #493286

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,153

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 6,250 Sq Ft Lot
  • Property is zoned SR - Settlers Residential

Home Design

  • 728 Sq Ft Home

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Heated In Ground Pool
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Misc Condo Upper Mat Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00404720-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,153

Year Built

Built in 1961 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 2
  • Fee Includes: None
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 82.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 4152.62
  • Year Built: 1961
  • Alternate Key Number: 9104399
  • Lot Sq Ft: 6250.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 728.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Oven, Microwave
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00404720-000100
  • Lot Size: 2 separate lots
  • Land Size: More than 1 Lot

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2022
Sold by
Jeff Lazzeri
Bought by
Mango House Llc
Current Estimated Value
$972,122

Purchase Details

Listed on
Apr 5, 2021
Closed on
Aug 30, 2021
Sold by
Cockerham Daniel
Bought by
Lazzeri Jeff
Seller's Agent
Patti Stanley
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Tom Rodriguez
American Caribbean Real Estate, Christie's International Real Estate
List Price
$829,000
Sold Price
$725,000
Premium/Discount to List
-$104,000
-12.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
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
Mango House Llc -- Bahn Ryan C
Lazzeri Jeff $725,000 Coral Reef Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $725,000 -9.0% $996 / Sq Ft
07/21/2021 07/21/21 Price Changed $797,000 -3.9% $1,095 / Sq Ft
04/05/2021 04/05/21 For Sale $829,000 -- $1,139 / 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 $7,300 $727,275 $412,750 $314,525
2023 $7,300 $746,564 $448,500 $298,064
2022 $6,031 $600,709 $299,000 $301,709
2021 $4,244 $337,249 $188,500 $148,749
2020 $4,153 $326,278 $175,500 $150,778
2019 $3,880 $294,515 $159,250 $135,265
Source: Public Records

Agents Affiliated with this Home

  • Patti Stanley

    Seller's Agent in 2021

    Patti Stanley

    Coldwell Banker Schmitt Islamorada

    (305) 393-4433

    33 in this area

    37 Total Sales

    Patti Stanley
    Section Image
  • Tom Rodriguez

    Buyer's Agent in 2021

    Tom Rodriguez

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 394-0688

    21 in this area

    139 Total Sales

    Tom Rodriguez
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595514

Florida Keys Board of REALTORS®

APN: 00404720-000100

Florida Monroe County Islamorada 33036

81212 Old Hwy, Islamorada, FL

This home is located at 81212 Old Hwy, Islamorada, FL 33036 since 05 April 2021 and is currently estimated at $972,122, approximately $1,335 per square foot. This property was built in 1961. 81212 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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