NOT LISTED FOR SALE

81906 Overseas Hwy Unit 7 Islamorada, FL 33036

Estimated Value: $2,241,000 - $4,494,000

3 Beds
3.5 Baths
1,852 Sq Ft
$1,601/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $1,250,000 $675 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $15,508/month

377 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Property Fronts a Bay or Harbor
  • Plantation Key School Rated A-
  • Sandy Beach
  • 1-minute walk to Founders Park

About This Home

As of July 2020

NEW CONSTRUCTION. CORAL COVE an intimate gated community of 9 site-built homes in the heart of downtown Islamorada. Bayfront with boat basin and dock, each home has its own private pool, state of the art amenities and details plus light and bright natural stone and wood finishes and just steps away from all that Islamorada has to offer.Developers are FL licensed real estate agents.

Last Agent to Sell the Property

Ralph Sanchez

Century 21 All Keys Inc (KW) License #639260 Listed on: 05/01/2018

Century 21 All Keys Inc (KW)

Co-Listed By

Danny Sanchez

Century 21 All Keys Inc (KW) License #661934

Last Buyer's Agent

Ralph Sanchez

Century 21 All Keys Inc (KW) License #639260 Listed on: 05/01/2018

Century 21 All Keys Inc (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,877

Year Built

  • Built in 2018

Lot Details

  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Privacy Fence
  • Sprinkler System
  • Property is zoned VC - Village Center

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof
  • HardiePlank Siding
  • Stucco

Interior Spaces

  • 1,852 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Hung Windows
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • Electric Gate
  • Off-Street Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Dock made with concrete
  • Balcony
  • Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Fiber Optics Available
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area mnt, sewer, water
  • Strattons Subdivision
  • Rental Restrictions

Recreation

  • Boat Dock
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,877

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: Yes
  • Association Fee: 825.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Fee Includes: Common Area Mnt, Sewer, Water, Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Mile Marker: 82.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Dockage
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Year Built: 2018
  • Alternate Key Number: 1491667
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1852.00
  • Pre Wired: Cable, Optical, Surround Sound, Satellite, Cat 5
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Quartz Countertops, Smoke Alarms, Fire Sprinkler
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Wine Cooler, Washer, Range, Refrigerator, Oven, Microwave, Ice Machine, Dryer
  • Half Bathrooms: 1
  • Specialty Rooms: Other
  • Windows/Doors: Double Hung Windows, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Basin
  • Waterfront: Bay Front
  • Waterfront: Yes
  • Construction: Frame, Stucco, Hardi Board Siding
  • Exterior Features: Lighting, Sandy Beach, Sprinkler System, Privacy Wall/Fence, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Elect Separate Meter, Water Separate Meter, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Jul 14, 2020
Sold by
St Coral Cove Llc
Bought by
Ig Villa Llc
Seller's Agent
Ralph Sanchez
Century 21 All Keys Inc (KW)
Buyer's Agent
Ralph Sanchez
Century 21 All Keys Inc (KW)
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$2,583,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,333,404
Avg. Annual Appreciation
14.38%
Original Mortgage
$1,000,000
Outstanding Balance
$900,448
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,569,336
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
Ig Villa Llc $1,250,000 Sanchez & Ashby Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ig Villa Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $1,250,000 0.0% $675 / Sq Ft
05/01/2018 05/01/18 For Sale $1,250,000 -- $675 / 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 $14,877 $2,409,448 $1,942,592 $466,856
2023 $14,877 $2,333,910 $1,886,143 $447,767
2022 $12,890 $1,834,793 $1,386,790 $448,003
2021 $10,256 $1,015,288 $620,935 $394,353
2020 $3,441 $352,804 $352,804 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Ralph Sanchez

    Century 21 All Keys Inc (KW)

    (305) 395-0383

    17 Total Sales

    Section Image
  • Danny Sanchez

    Seller Co-Listing Agent in 2020

    Danny Sanchez

    Century 21 All Keys Inc (KW)

    (305) 896-7253

    19 Total Sales

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 580094

Florida Keys Board of REALTORS®

APN: 00399270-000700

Florida Monroe County Islamorada 33036

81906 Overseas Hwy Unit 7, Islamorada, FL

This home is located at 81906 Overseas Hwy Unit 7, Islamorada, FL 33036 since 01 May 2018 and is currently estimated at $2,964,329, approximately $1,600 per square foot. This property was built in 2018. 81906 Overseas Hwy Unit 7 is a home located in Monroe County with nearby schools including Plantation Key School, Coral Shores High School, and Treasure Village Montessori Charter 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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