82779 Old Hwy Unit 3 Islamorada, FL 33036
Estimated payment $36,498/month
Highlights
- Ocean Front
- Dock made with concrete
- 1-minute walk to Founders Park
- Plantation Key School Rated A-
- In Ground Pool
About This Home
Welcome to The Islands of Islamorada, a private gated enclave of coastal luxury. Our exquisite waterfront residences feature four bedrooms and four and one-half bathrooms, designed for your comfort. Each three-floor villa offers 3,137 square feet of interior space and 930 square feet of outdoor living, showcasing contemporary island architecture. Three king-sized bedrooms have en-suite bathrooms, while the fourth is a charming bunk room, perfect for family gatherings.Enjoy a state-of-the-art kitchen that flows into open-concept dining and living areas. Additional features include a powder room, ample closet space, two oceanfront balconies, and a two-car garage with electric charging. Experience maintenance-free living with potential for passive income in a safe, gated environment.The Islands of Islamorada enhances your lifestyle with 615 feet of pristine swimming beach and a private boat basin. Relax at two oceanfront pools, enjoy the oceanfront bar, or play pickleball. Golf enthusiasts can practice at the unique driving range extending into the ocean. Surrounded by lush landscaping, the community offers a variety of water activities to immerse you in the Keys lifestyle.These villas can also participate in a vacation rental program, providing a lucrative investment opportunity with a five-star hotel management company. With a dedicated concierge on-site, every desire can be fulfilled--from seaplane flights to gourmet dinners in South Beach. Discover unparalleled coastal elegance at The Islands of Islamorada, where every moment is a celebration of paradise.
Listing Agent
Serhant Florida LLC - Delray Beach Office License #3426739 Listed on: 04/09/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $55,000
Year Built
- Built in 2020
Lot Details
- Ocean Front
- Property is zoned TC - Tourist Commercial
Interior Spaces
- 2,574 Sq Ft Home
- 3-Story Property
- Ocean Views
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- First Come-First Served Dock
- Dock made with concrete
Utilities
- Public Hookup Available For Sewer
Community Details
- Property has a Home Owners Association
- Association fees include common area mnt, security
- Russell Estates Subdivision
- Rental Restrictions
Map
Home Values in the Area
Average Home Value in this Area
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 | $185,185 | $21,490,143 | $5,151,596 | $16,338,547 |
| 2023 | $185,185 | $20,391,644 | $4,829,842 | $15,561,802 |
| 2022 | $188,782 | $20,580,193 | $4,829,842 | $15,750,351 |
| 2021 | $197,691 | $20,542,540 | $4,829,842 | $15,712,698 |
| 2020 | $26,386 | $6,628,398 | $4,592,627 | $2,035,771 |
| 2019 | $22,769 | $5,639,457 | $4,807,460 | $831,997 |
| 2018 | $5,294 | $538,733 | $527,778 | $10,955 |
| 2017 | $3,139 | $617,903 | $0 | $0 |
| 2016 | $2,308 | $289,910 | $0 | $0 |
| 2015 | $2,192 | $289,015 | $0 | $0 |
| 2014 | $2,136 | $288,623 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2025 04/09/25 | For Sale | $5,990,000 | -- | $2,327 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Reef Title | |
| Warranty Deed | $72,000,000 | Reef Title | |
| Warranty Deed | -- | Trident Title | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $3,900,000 | Florida Title Of The Keys | |
| Warranty Deed | $300,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $15,000,000 | No Value Available | |
| Open | $37,500,000 | Seller Take Back |
Source: Florida Keys Board of REALTORS®
MLS Number: 614561
APN: 00404340-000000
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