NOT LISTED FOR SALE

Beacon Reef Condominiums 83201 Old Hwy Unit 306 Islamorada, FL 33036

Estimated Value: $644,000 - $1,030,000

2 Beds
2 Baths
1,275 Sq Ft
$911/mo HOA Fee

Last Sold May 21, 2019

Last sale price $500,000 $392 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,192/month

67 Days on Market

Highlights

  • Ocean Front
  • Boat Dock
  • Sandy Beach
  • Plantation Key School Rated A-
  • Beach
  • 1-minute walk to Founders Park

About This Home

As of May 2019

Location, Location! Live right in downtown Islamorada near everything by land and sea! Open Oceanfront 2/2 condo with open ocean views, resort-style pool and boat dockage all within view of both the famous Islamorada sandbar and Alligator Lighthouse. Spend the day fishing, snorkeling and diving at the nearby reefs of the Atlantic Ocean, or zip under the bridge and fish the flats of the backcountry in Florida Bay. Or just relax poolside or soak up the sunshine from the 450 ft. white sand beach. In the evening, you're already there... downtown offers world-class dining, entertainment and arts and cultural events throughout the year. Beacon Reef also offers an oceanfront clubhouse, oceanfront gym, onsite full-time management, kayak storage, storage units, gated entry and more! Call today!

Last Agent to Sell the Property

Brett Newman

Coldwell Banker Schmitt Islamorada License #555709 Listed on: 01/31/2019

Coldwell Banker Schmitt Islamorada

Co-Listed By

Margo Newman

Coldwell Banker Schmitt Islamorada License #0153708

Last Buyer's Agent

John Vlad

American Caribbean Real Estate, Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,987

Year Built

  • Built in 1982

Lot Details

  • Ocean Front
  • Sandy Beach
  • Fenced

HOA Fees

  • $911 Monthly HOA Fees

Home Design

  • Concrete Roof
  • Metal Roof

Interior Spaces

  • 1,275 Sq Ft Home
  • 5-Story Property
  • Furnished
  • Bar
  • Shutters
  • Sliding Doors
  • Storage
  • Home Gym

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Electric Gate
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Pool

  • Spa

Outdoor Features

  • Assigned Dock
  • Dock Facilities
  • Dock made with wood
  • Screened Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Tiki or Chickee Hut
  • Attached Grill

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 29
  • Assessor Parcel Number 00094580-000163

Community Details

Overview

  • Association fees include bldg exterior mnt, security, water, sewer, exterminating, common area mnt, cable, building insurance
  • 96 Units
  • Beacon Reef Subdivision

Amenities

  • Clubhouse

Recreation

  • Beach
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction: 1 small pet

Security

  • Building Security
  • Resident Manager or Management On Site
  • Complete Accordion Shutters
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,987

Year Built

Built in 1982

Lot Details

0

HOA Fees

$911 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 2733.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Dockage Dock: Wood
  • Dockage Dock Length: 36
  • Fee Includes: Bldg Exterior Mnt, Security, Water, Sewer, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Mile Marker: 83.00
  • Min Rental Days: 29.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Spa, Other Area Features, Manager on Premises, Fire Hydrant, Community Pool, Community Dockage, Clubhouse
  • Off Shore Island: No
  • Pets W Restrictions: 1 small pet
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3986.69
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Off Street Parking, Guest Parking
  • Year Built: 1982
  • Alternate Key Number: 8627904
  • Cooling Heating: Central Air
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Screened P/B
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion, Panel
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 5 Stories
  • Estimated Living Sq Ft: 1275.00
  • Pool Info Other Surroundings: Wade-in Resort Style
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Amenities: Elevator, Split Bedroom, Storage
  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Dryer
  • Floor: Carpet, Tile
  • Specialty Rooms: Gym
  • Windows/Doors: Impact Rstnce Window, Other Windows/Doors, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed
  • Sq Ft Remarks: approximate

Exterior Features

  • Dockage: Assigned Dock, Dock Privileges
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Bar, Sandy Beach, Storage, Fencing, Lighting, Hot Tub, Chickee Hut, Built-in Grill
  • Roof: Concrete Roof, Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Secured Building
  • Utilities: Cable Available, FKAA, Municipal Sewer, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE
  • Parcel Number: 00094580-000163
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2019
Closed on
May 21, 2019
Sold by
Higgins Michael E and Higgins Cheryl A
Bought by
Tredwell Scott J and Tredwell Maureen A
Seller's Agent
Brett Newman
Coldwell Banker Schmitt Islamorada
Buyer's Agent
John Vlad
American Caribbean Real Estate, Christie's International Real Estate
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$875,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,461
Avg. Annual Appreciation
10.03%
Original Mortgage
$350,000
Interest Rate
4.1%

Purchase Details

Closed on
May 5, 2014
Sold by
Higgins Michael E and Higgins Cheryl A
Bought by
Higgins Michael E and Higgins Cheryl A

Purchase Details

Closed on
Jan 7, 2013
Sold by
Higgins Michael E and Higgins Cheryl A
Bought by
Higgins Michael E and Higgins Cheryl A

Purchase Details

Closed on
Dec 8, 2012
Bought by
Higgins Family Revocable Trust 10/2009

Purchase Details

Closed on
May 1, 2009
Sold by
Stuhlmann Shirley
Bought by
Higgins Michael E and Higgins Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2007
Sold by
St Louis Vendors Inc and Stuhlmann Donald F
Bought by
Deitz James and Deitz Mary

Purchase Details

Closed on
Jul 2, 1997
Sold by
St Louis Vendors Inc
Bought by
Stuhlmann Donald F and Stuhlmann Shirley

Purchase Details

Closed on
Mar 1, 1987
Bought by
Higgins Family Revocable Trust 10/2009

Purchase Details

Closed on
Dec 1, 1986
Bought by
Higgins Family Revocable Trust 10/2009
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
Tredwell Scott J $500,000 Coral Reef Title Company
Higgins Michael E -- Attorney
Higgins Michael E -- Sunshine Title Of The Keys I
Higgins Family Revocable Trust 10/2009 $100 --
Higgins Michael E $475,000 Century Title Corporation
Deitz James -- Attorney
Stuhlmann Donald F $100 --
Higgins Family Revocable Trust 10/2009 $142,000 --
Higgins Family Revocable Trust 10/2009 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tredwell Maureen A $339,300
Closed Tredwell Scott $350,000
Closed Tredwell Scott J $350,000
Previous Owner Higgins Michael E $340,000
Previous Owner Higgins Michael E $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2019 05/21/19 Sold $500,000 -4.8% $392 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $525,000 -- $412 / 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 $5,857 $666,381 -- $666,381
2023 $5,857 $680,760 $0 $680,760
2022 $5,524 $652,200 $0 $652,200
2021 $4,847 $449,424 $0 $449,424
2020 $4,555 $417,227 $0 $417,227
2019 $4,592 $412,601 $0 $412,601
2018 $4,528 $407,468 $0 $0
2017 $4,510 $414,146 $0 $0
2016 $5,013 $438,985 $0 $0
2015 $3,859 $373,752 $0 $0
2014 $3,871 $370,786 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brett Newman

    Seller's Agent in 2019

    Brett Newman

    Coldwell Banker Schmitt Islamorada

    (305) 393-1770

    110 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2019

    Margo Newman

    Coldwell Banker Schmitt Islamorada

    (305) 393-3980

    76 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    John Vlad

    American Caribbean Real Estate, Christie's International Real Estate

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About Beacon Reef Condominiums

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 584037

Florida Keys Board of REALTORS®

APN: 00094580-000163

Florida Monroe County Islamorada 33036

83201 Old Hwy Unit 306, Islamorada, FL

This home is located at 83201 Old Hwy Unit 306, Islamorada, FL 33036 since 31 January 2019 and is currently estimated at $837,879, approximately $657 per square foot. This property was built in 1982. 83201 Old Hwy Unit 306 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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