NOT LISTED FOR SALE

Beacon Reef Condominiums 83201 Old Hwy Unit 308 Islamorada, FL 33036

Estimated Value: $961,000 - $1,080,000

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

Last Sold June 14, 2018

Last sale price $450,000 $353 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $6,767/month

889 Days on Market

Highlights

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

About This Home

As of June 2018

One of the most desirable condominium addresses in Islamorada located close to shopping & restaurants. Living area & Master Bedroom opens to covered balcony with ocean view. Beacon Reef is gated & offers superb amenities with large oceanfront pool, spa, community Tiki & grill area for poolside entertaining, sandy beach, dockage, fishing pier, exercise room, & storage. Offered furnished & turn key, art work not included.

Last Agent to Sell the Property

Carol Brenn

Coldwell Banker Schmitt Islamorada License #528731 Listed on: 12/21/2015

Last Buyer's Agent

Brett Newman

Prudential Keyside Properties, Islamorada

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,837

Year Built

  • Built in 1982

Lot Details

  • Sandy Beach
  • Fenced

HOA Fees

  • $911 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Concrete Roof

Interior Spaces

  • 1,275 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Home Gym
  • Carpet

Kitchen

  • Oven
  • Range
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

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

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Concrete Pool
  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • First Come-First Served Dock
  • Boat Slip
  • Assigned Dock
  • Dock Facilities
  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Tiki or Chickee Hut
  • Attached Grill

Utilities

  • Central Air
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00094580-000164

Community Details

Overview

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

Recreation

  • Beach
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,837

Year Built

Built in 1982

Lot Details

5 Acres

HOA Fees

$911 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 2733.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Security, Water, Sewer, Exterminating, Building Insurance, Common Area Mnt, Cable
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Mile Marker: 83.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Dockage, Spa, Other Area Features, Manager on Premises, Community Pool
  • Off Shore Island: No
  • Pets W Restrictions: 1 PET, 25#
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3837.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Off Street Parking, Guest Parking
  • Year Built: 1982
  • Alternate Key Number: 8627912
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 1275.00
  • Pre Wired: Cable
  • Sewer Hook Up: No
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Pantry, Window Treatments, Walk-in Closet(s), Split Bedroom, Elevator
  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Stainless Steel Appliance(s), Oven, Refrigerator, Range, Microwave
  • Floor: Carpet, Combo
  • Specialty Rooms: Gym, Laundry Room
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Assigned Dock, First Come Dock, Dock Privileges, Boat Slip
  • Waterfront: Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Built-in Grill, Storage, Sandy Beach, Outdoor Shower, Fencing, Lighting, Hot Tub, Chickee Hut
  • Roof: Concrete 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
  • Parcel Number: 00094580-000164
  • Land Size: 5 Less Than 10 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • 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
Dec 21, 2015
Closed on
Jun 22, 2018
Sold by
Janice Visceglia
Bought by
Fauver David N
Seller's Agent
Carol Brenn
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Brett Newman
Prudential Keyside Properties, Islamorada
List Price
$530,000
Sold Price
$450,000
Premium/Discount to List
-$80,000
-15.09%
Current Estimated Value
$1,031,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,676
Avg. Annual Appreciation
11.41%
Original Mortgage
$140,000
Outstanding Balance
$120,565
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$911,111

Purchase Details

Closed on
Sep 1, 1987
Bought by
Visceglia Janice

Purchase Details

Closed on
Mar 1, 1987
Bought by
Visceglia Janice

Purchase Details

Closed on
Dec 1, 1986
Bought by
Visceglia Janice
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fauver David N $450,000 Florida Title Of The Keys
Visceglia Janice $165,000 --
Visceglia Janice $155,000 --
Visceglia Janice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fauver David N $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2018 06/14/18 Sold $450,000 -15.1% $353 / Sq Ft
05/28/2018 05/28/18 Pending -- -- --
12/21/2015 12/21/15 For Sale $530,000 -- $416 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $6,494 $795,024 -- $795,024
2024 $6,296 $786,640 -- $786,640
2023 $6,296 $803,715 $0 $803,715
2022 $5,904 $769,800 $0 $769,800
2021 $5,101 $529,004 $0 $529,004
2020 $3,688 $380,455 $0 $380,455
2019 $3,722 $376,264 $0 $376,264
2018 $4,016 $407,468 $0 $0
2017 $3,998 $414,146 $0 $0
2016 $4,171 $406,725 $0 $0
2015 $4,090 $406,725 $0 $0
2014 $3,971 $406,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Carol Brenn

    Coldwell Banker Schmitt Islamorada

  • B

    Buyer's Agent in 2018

    Brett Newman

    Prudential Keyside Properties, Islamorada

  • M

    Buyer Co-Listing Agent in 2018

    Margo Newman

    3138

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About Beacon Reef Condominiums

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 569317

Florida Keys Board of REALTORS®

APN: 00094580-000164

Florida Monroe County Islamorada 33036

83201 Old Hwy Unit 308, Islamorada, FL

Not Listed for Sale

Condos

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