$212,000
SOLD APR 13, 2016

82236 Overseas Hwy Unit 7 Islamorada, FL 33036

2 Beds
2 Baths
582 Sq Ft
$500/mo HOA Fee

Recently Sold

$364 Per Sq Ft

35% Below List Price

419 Days on Market

Highlights

  • Boat Ramp
  • Property Fronts a Bay or Harbor
  • Patio
  • Plantation Key School Rated A-
  • Furnished
  • 1-minute walk to Founders Park

About This Home

As of February 2021

Weekly rentals & Boat dockage!Owner will finance! 2 units in complex sold at $375 each in June. Unique investment property in Heart of Islamorada. Condo has one efficiency suite up and one down, one rental lease for both . Unit has a long rental history with repeat tenants. Complex is nestled in the tropical foliage & features a boat ramp, basin with Dockage up to 26 feet & superb sunsets.

Last Agent to Sell the Property

Mari Crossen Joiner, Realtor, BS, CAM

Better Homes and Gardens Real Estate Destinations License #0680881 Listed on: 11/24/2014

Better Homes and Gardens Real Estate Destinations

Last Buyer's Agent

Mari Crossen Joiner

Ocean Bay Realty of the Keys

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,437

Year Built

  • Built in 1953

Lot Details

  • Property Fronts a Bay or Harbor

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Concrete Roof

Interior Spaces

  • 582 Sq Ft Home
  • Furnished
  • Window Treatments
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Boat Ramp
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00399861-000700

Community Details

Overview

  • Association fees include building insurance, common area mnt
  • Misc Condo Upper Mat Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Ramp

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,437

Year Built

Built in 1953

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Style: Condotel
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 1500.00
  • Mandatory HOA: No
  • Control Depth: 3
  • Document Count: 1
  • Fee Includes: Building Insurance, Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Mile Marker: 82.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1437.25
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Guest Parking, Trailer Storage, Off Street Parking
  • Year Built: 1953
  • Alternate Key Number: 9093618
  • Cooling Heating: Wall/Window Unit(s)
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 582.00
  • Pre Wired: Cable
  • Sewer Hook Up: No
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarms, Window Treatments
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Microwave, Refrigerator, Range, Oven
  • Floor: Tile
  • Windows/Doors: Other Windows/Doors
  • Appliances Other: washer/dryer closet
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Basin, Boat Ramp
  • Waterfront: Bay Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Concrete Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Cable Available, Water Separate Meter, Septic Tank, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Yes
  • Parcel Number: 00399861-000700
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Feb 3, 2021
Sold by
Overseas Highway Investments Llc
Bought by
Barrett Sean R
Seller's Agent
Silvestri Team Jeanette & Janessa Silves
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Sean Barrett
Oasis Real Estate, LLC
List Price
$491,000
Sold Price
$420,000
Premium/Discount to List
-$71,000
-14.46%
Current Estimated Value
$643,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,674
Avg. Annual Appreciation
9.51%
Original Mortgage
$38,500
Outstanding Balance
$34,452
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$609,222

Purchase Details

Listed on
Feb 11, 2020
Closed on
Feb 1, 2021
Sold by
Overseas Highway Investments Llc
Bought by
Katz David L
Seller's Agent
Silvestri Team Jeanette & Janessa Silves
Coldwell Banker Schmitt Key Largo
Buyer's Agent
Sean Barrett
Oasis Real Estate, LLC
List Price
$491,000
Sold Price
$420,000
Premium/Discount to List
-$71,000
-14.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Outstanding Balance
$34,452
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$609,222

Purchase Details

Listed on
Nov 24, 2014
Closed on
Apr 7, 2016
Sold by
Cowart Mccoy and Cowart Doyle Mccoy
Bought by
Overseas Hwy Property Llc
Seller's Agent
Mari Crossen Joiner, Realtor, BS, CAM
Better Homes and Gardens Real Estate Destinations
Buyer's Agent
Mari Crossen Joiner
Ocean Bay Realty of the Keys
List Price
$325,000
Sold Price
$212,000
Premium/Discount to List
-$113,000
-34.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.27%
Original Mortgage
$148,400
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 15, 2011
Sold by
Cowart Douglass Mccoy
Bought by
Cowart Douglass Mccoy and Cowart Doyle Mccoy

Purchase Details

Closed on
Dec 8, 2009
Bought by
Overseas Hwy Property Llc

Purchase Details

Closed on
Dec 7, 2009
Sold by
Cowart Doyle Mccoy and Cowart Douglass Mccoy
Bought by
Cowart Douglass Mccoy

Purchase Details

Closed on
Jan 9, 2009
Sold by
Sunset Bay Partners and Holzman Bernard H
Bought by
Cowart Douglas M and Cowart Doyle M
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $420,000 Coral Reef Title Company
Warranty Deed $420,000 Coral Reef Title Company
Warranty Deed $212,000 None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed $100 --
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $38,500 New Conventional
Open $288,750 New Conventional
Closed $294,000 New Conventional
Previous Owner $148,400 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2021 02/03/21 Sold $420,000 0.0% $682 / Sq Ft View Prior Sale
10/03/2020 10/03/20 Off Market $420,000 -- --
06/05/2020 06/05/20 Price Changed $485,000 -1.2% $787 / Sq Ft
02/11/2020 02/11/20 For Sale $491,000 +47.7% $797 / Sq Ft
02/15/2017 02/15/17 Sold $332,500 -24.4% $540 / Sq Ft View Prior Sale
01/22/2017 01/22/17 Pending -- -- --
08/15/2016 08/15/16 For Sale $439,900 +107.5% $714 / Sq Ft
04/13/2016 04/13/16 Sold $212,000 -34.8% $364 / Sq Ft
01/17/2016 01/17/16 Pending -- -- --
11/24/2014 11/24/14 For Sale $325,000 -- $558 / 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 $4,249 $408,137 -- $408,137
2023 $4,249 $408,137 $0 $408,137
2022 $4,069 $384,388 $0 $384,388
2021 $3,709 $328,974 $0 $328,974
2020 $3,567 $328,974 $0 $328,974
2019 $3,272 $276,619 $0 $276,619
2018 $3,262 $276,619 $0 $0
2017 $1,411 $90,094 $0 $0
2016 $1,433 $90,094 $0 $0
2015 $1,415 $90,094 $0 $0
2014 $1,427 $90,094 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Buyer's Agent in 2021

    Sean Barrett

    Oasis Real Estate, LLC

    Section Image
  • Scott Ofstein

    Seller's Agent in 2017

    Scott Ofstein

    Berkshire Hathaway HomeServices Florida Realty - Coral Springs

    (954) 914-2354

    32 in this area

    54 Total Sales

    Scott Ofstein
    Section Image

  • J

    Buyer's Agent in 2017

    Jeanette Silvestri

    Keys Country Realty & Dev. Inc

  • M

    Seller's Agent in 2016

    Mari Crossen Joiner, Realtor, BS, CAM

    Better Homes and Gardens Real Estate Destinations

    (954) 545-5583

    1 in this area

    2 Total Sales

    Section Image

  • M

    Buyer's Agent in 2016

    Mari Crossen Joiner

    Ocean Bay Realty of the Keys

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 565906

Florida Keys Board of REALTORS®

APN: 00399861-000700

Florida Monroe County Islamorada 33036

82236 Overseas Hwy Unit 7, Islamorada, FL

This home is located at 82236 Overseas Hwy Unit 7, Islamorada, FL 33036 and is currently priced at $212,000, approximately $364 per square foot. This property was built in 1953. 82236 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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