NOT LISTED FOR SALE

82698 Overseas Hwy Islamorada, FL 33036

Estimated Value: $3,742,000 - $6,888,000

8 Beds
8 Baths
5,999 Sq Ft
$900/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $5,250,000 $875 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $32,878/month

323 Days on Market

Highlights

  • Dock made with concrete
  • Detached Guest House
  • 3.48 Acre Lot
  • Plantation Key School Rated A-
  • Property fronts gulf or ocean
  • 1-minute walk to Lignumvitae Key Botanical State Park

About This Home

As of August 2018

Timeless ClassicThis one-of-a-kind private estate is nestled on 3.48 acres in downtown Islamorada with over 300 feet on the Bay. This enchanting property offers 4 large bedrooms & 4 baths in the main house & two spacious 2 bedrooms/1bath detached guest houses. The bay front includes an enormous deep water boat basin, covered boat house, dockage, & an extraordinary "island" that can be the focal point of sunset celebrations.In the main home, the grand room offers high ceilings with fireplace & formal dining room, family room overlooking the water & 4 master suites. The charming appeal of the guest cottages creates an environment for generations of family & friends to gather. Two car garage, a separate laundry outbuilding, landscaping with fruit trees & gated entry complete this estate

Last Agent to Sell the Property

Cheri Tindall

Ocean Sotheby's International Realty License #0411868 Listed on: 09/03/2017

Ocean Sotheby's International Realty

Co-Listed By

Leslie Leopold

Ocean Sotheby's International Realty License #3071091

Last Buyer's Agent

AJ Vetter

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,179

Year Built

  • Built in 1958

Lot Details

  • 3.48 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Fenced
  • Fruit Trees
  • Property is zoned RE - Residential Estate

Home Design

  • Shingle Roof

Interior Spaces

  • 5,999 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Jalousie or louvered window
  • Workshop
  • Sun or Florida Room
  • Storage
  • Gulf Views
  • Monitored
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Electric Gate

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window

Additional Features

  • Dock made with concrete
  • Detached Guest House
  • Ground Level

Community Details

  • No Home Owners Association
  • Russell Estates Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00404480-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,179

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00404470-000000
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Concrete
  • Fee Includes: None
  • 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: 83.20
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 26178.62
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage
  • Vehicle Storage Cars: 2
  • Year Built: 1958
  • Alternate Key Number: 1496740
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s), Ductless, Ceiling Fans(s)
  • Lot Sq Ft: 152460.00
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 5999.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Storage, Dade County Pine, Fireplace(s), Split Bedroom
  • Total Bathrooms: 6.20
  • Full Bathrooms: 6
  • Appliances: More Appliances, Range, Refrigerator, Dryer, Washer
  • Floor: Tile, Wood
  • Half Bathrooms: 2
  • Specialty Rooms: Laundry Room, Workshop, Sun/Florida Room
  • Windows/Doors: Jalousie Windows
  • Total Bedrooms: 8

Exterior Features

  • Dockage: Basin
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Combo Construction
  • Exterior Features: Fencing, Detached Guest Qtrs, Fruit Tree(s)
  • Roof: Shingle Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: No

Utilities

  • Security: Electric Gate, Patrolled Area
  • Utilities: FKAA, Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE,AE,0.2 PCT
  • Parcel Number: 00404480-000000
  • Land Size: 2 Less Than 5 Acres
  • Acres: 3.48

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2017
Closed on
Aug 21, 2018
Sold by
Stone Donald Todd and Stone Amy
Bought by
116 Mott Street Realty Corporation
Seller's Agent
Cheri Tindall
Ocean Sotheby's International Realty
Buyer's Agent
AJ Vetter
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$5,800,000
Sold Price
$5,250,000
Premium/Discount to List
-$550,000
-9.48%
Current Estimated Value
$5,400,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,330
Avg. Annual Appreciation
0.40%

Purchase Details

Closed on
Nov 28, 2012
Sold by
Stone Jean L
Bought by
Stone Family 2012 Property Trust

Purchase Details

Closed on
Jul 10, 2012
Sold by
Stone Donald and Stone Jean L
Bought by
Stone Jean L

Purchase Details

Closed on
Apr 1, 1994
Bought by
Stone Family 2012 Property Trust 18/2012
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
116 Mott Street Realty Corporation $5,250,000 Attorney
Stone Family 2012 Property Trust -- Attorney
Stone Jean L -- Attorney
Stone Family 2012 Property Trust 18/2012 -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2018 08/28/18 Sold $5,250,000 -9.5% $875 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
09/03/2017 09/03/17 For Sale $5,800,000 -- $967 / 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 $41,441 $5,246,649 $4,345,828 $900,821
2023 $41,441 $4,998,081 $4,132,798 $865,283
2022 $40,425 $5,291,447 $4,416,838 $874,609
2021 $34,166 $3,396,591 $2,613,182 $783,409
2020 $34,310 $3,396,591 $2,613,182 $783,409
2019 $32,102 $3,104,548 $2,313,064 $791,484
2018 $26,334 $2,534,390 $1,834,123 $700,267
2017 $25,867 $2,542,467 $0 $0
2016 $26,179 $2,423,459 $0 $0
2015 $26,337 $2,488,058 $0 $0
2014 $26,061 $2,435,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 576877

Florida Keys Board of REALTORS®

APN: 00404480-000000