NOT LISTED FOR SALE

Estimated Value: $665,000 - $990,000

2 Beds
2 Baths
1,275 Sq Ft
$1,355/mo HOA Fee

Last Sold May 02, 2022

Last sale price $840,000 $659 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,530/month

48 Days on Market

Highlights

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

About This Home

As of May 2022

Ideal location in one of Islamorada's most sought after condo complexes. Beacon Reef is an ocean front complex with a sandy beach, boat dockage (first come), fishing pier, heated pool with graded entry, hot tub, community room and ocean front gym with high quality equipment and a sauna! The owners of this unit have replaced all the kitchen appliances in recent years. The clothes washer/dryer was new in 2021. New hurricane windows have been ordered and will be paid by owners. This is a great rental unit with a strong renal history. It is rented thru July 31st. Buyer will need to honor existing rental contracts. No new rentals will be scheduled.

Last Agent to Sell the Property

Andrea (Andi) Saylor

Realty One Group Engage the Keys License #3427827 Listed on: 02/16/2022

Realty One Group Engage the Keys

Last Buyer's Agent

Andi Saylor

Keys Holiday Real Estate, Inc. License #3427827

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,940

Year Built

  • Built in 1982

Lot Details

  • Ocean Front
  • Sandy Beach
  • Fenced

HOA Fees

  • $1,355 Monthly HOA Fees

Home Design

  • Concrete Roof
  • Metal Roof

Interior Spaces

  • 1,275 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Steam Room
  • Home Gym
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Detached Garage
  • Electric Gate
  • Guest Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Concrete Pool
  • In Ground Pool
  • Spa
  • Pool Deck

Outdoor Features

  • First Come-First Served Dock
  • Rip-Rap
  • Boat Slip
  • Dock made with wood
  • Balcony
  • Outdoor Kitchen
  • Exterior Lighting
  • Gazebo
  • Outdoor Storage
  • Tiki or Chickee Hut
  • Attached Grill

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00094580-000165

Community Details

Overview

  • Association fees include bldg exterior mnt, water, security, sewer, exterminating, building insurance, common area mnt, cable
  • Beacon Reef Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions

Recreation

  • Beach
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Restriction: Owners 1 pet 25 lb

Security

  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,940

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,355 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: 4063.79
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Wood
  • Dockage Dock Length: 38
  • Dockage Seawall: Rip Rap
  • Fee Includes: Bldg Exterior Mnt, Water, Security, Sewer, Exterminating, Building Insurance, Common Area Mnt, Cable
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 83.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Dockage, Spa, Manager on Premises, Community Pool
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Pets W Restrictions: Owners 1 pet 25 lb
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4940.21
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Vehicle Restrictions, Guest Parking, Detached
  • Year Built: 1982
  • Alternate Key Number: 8627921
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Heat, Central Air
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1275.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Window Treatments, Split Bedroom, Entrance Foyer
  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Oven, Refrigerator, Range, Microwave, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Gym, Sauna/Steam Room
  • Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Boat Slip, First Come Dock
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Built-in Grill, Storage, Sandy Beach, Outdoor Kitchen, Fencing, Lighting, Hot Tub, Gazebo, Chickee Hut
  • Roof: Concrete Roof, Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: VE,AE,AE,AE,VE,AE,VE
  • Parcel Number: 00094580-000165
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished, Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2024
Sold by
Agatha Bloompetal Enterprises Lllp
Bought by
Richard H Friedman Revocable Trust and Friedman
Current Estimated Value
$848,760

Purchase Details

Listed on
Feb 16, 2022
Closed on
Jun 14, 2022
Sold by
Friedman Richard H and Friedman Nancy J
Bought by
Agatha Bloompetal Enterprises Lllp
Seller's Agent
Andrea (Andi) Saylor
Realty One Group Engage the Keys
Buyer's Agent
Andrea (Andi) Saylor
Realty One Group Engage the Keys
List Price
$840,000
Sold Price
$840,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.31%

Purchase Details

Listed on
Feb 16, 2022
Closed on
May 2, 2022
Sold by
Cline Properties Llc
Bought by
Friedman Richard H and Friedman Nancy J
Seller's Agent
Andrea (Andi) Saylor
Realty One Group Engage the Keys
Buyer's Agent
Andrea (Andi) Saylor
Realty One Group Engage the Keys
List Price
$840,000
Sold Price
$840,000

Purchase Details

Listed on
Jun 9, 2016
Closed on
Aug 17, 2016
Sold by
Clark Murray J and Clark Janet C
Bought by
Cline Properties Llc
Seller's Agent
Billy Hart
Ocean Sotheby's International Realty
Buyer's Agent
Andrea (Andi) Saylor
Keys Holiday Rentals, Inc.
List Price
$529,000
Sold Price
$495,000
Premium/Discount to List
-$34,000
-6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%

Purchase Details

Closed on
Aug 23, 2005
Sold by
Schechter Jerome M and Schechter Roberta A
Bought by
Clark J Murray and Clark Janet C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 1, 1989
Bought by
Cline Properties Llc

Purchase Details

Closed on
Mar 1, 1987
Bought by
Cline Properties Llc

Purchase Details

Closed on
Dec 1, 1986
Bought by
Cline Properties Llc
Source: Public Records

Range of Values:

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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
Richard H Friedman Revocable Trust -- None Listed On Document
Agatha Bloompetal Enterprises Lllp -- Bahn Ryan C
Friedman Richard H $840,000 Coral Reef Title
Cline Properties Llc $495,000 Coral Reef Title Company
Clark J Murray $845,000 --
Cline Properties Llc $175,000 --
Cline Properties Llc $155,000 --
Cline Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark J Murray $294,000
Previous Owner Clark J Murray $633,000
Previous Owner Schechter Jerome M $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $840,000 0.0% $659 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $840,000 +69.7% $659 / Sq Ft
08/17/2016 08/17/16 Sold $495,000 -6.4% $388 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $529,000 -- $415 / 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 $7,036 $695,337 -- $695,337
2023 $7,036 $717,354 $0 $717,354
2022 $5,694 $687,200 $0 $687,200
2021 $4,940 $459,105 $0 $459,105
2020 $4,653 $427,373 $0 $427,373
2019 $4,649 $418,412 $0 $418,412
2018 $4,584 $413,202 $0 $0
2017 $4,591 $422,528 $0 $0
2016 $4,683 $406,725 $0 $0
2015 $4,602 $406,725 $0 $0
2014 $4,483 $406,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599729

Florida Keys Board of REALTORS®

APN: 00094580-000165