NOT LISTED FOR SALE

Beacon Reef Condominiums 83201 Old Hwy Unit 314 Islamorada, FL 33036

Estimated Value: $797,000 - $1,214,000

2 Beds
2 Baths
1,275 Sq Ft
$853/mo HOA Fee

Last Sold March 01, 2016

Last sale price $587,500 $461 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,573/month

45 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 March 2016

Rare Listing! Amazing Oceanfront views and Pool Views from this Fully Furnished 3rd floor Unit. Sit on your balcony and see the sunrise across the vast ocean, enjoy views of the activity at the marina, and check out the action at the gigantic pool and hot-tub. Beacon Reef offers an exquisite lifestyle with lush gardens, fitness center, gated entrance, marina for your boat, and the list goes on.

Last Agent to Sell the Property

Steven Conley

Compass Florida LLC License #3232648 Listed on: 12/27/2015

Compass Florida LLC

Last Buyer's Agent

Leslie Leopold

Ocean Sotheby's International Realty License #3071091

Ocean Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,602

Year Built

  • Built in 1982

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $853 Monthly HOA Fees

Property Views

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,275 Sq Ft Home
  • 5-Story Property
  • Furnished
  • Bar
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Storage
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Electric Gate
  • Guest Parking
  • Open Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

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

Utilities

  • Central Air
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00094580-000167

Community Details

Overview

  • Association fees include bldg exterior mnt, security, building insurance, common area mnt, cable
  • 96 Units
  • Beacon Reef Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Beach
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction: YES

Security

  • Building Security
  • Resident Manager or Management On Site
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,602

Year Built

Built in 1982

Lot Details

0

HOA Fees

$853 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • Association Fee: 2560.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Dockage Dock: Wood
  • Fee Includes: Bldg Exterior Mnt, Security, 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: 28.00
  • 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: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4601.92
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Guest Parking, Open Parking
  • Year Built: 1982
  • Alternate Key Number: 8627947
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 5 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: 5

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Pantry, Window Treatments, Storage, Split Bedroom, Smoke Alarms, Entrance Foyer, Elevator
  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Wine Cooler, Oven, Refrigerator, Range, Microwave, Freezer, Dryer, Disposal
  • Floor: Tile
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Assigned Dock, Other Dockage, Dock Privileges, Boat Slip
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Concrete
  • Exterior Features: Bar, Sandy Beach, Storage, Outdoor Kitchen, Hot Tub, Lighting, Chickee Hut, Built-in Grill
  • Roof: Combo Roof
  • Waterview: Harbor/Marina View, Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Secured Building, Other
  • Utilities: Community Swr Plant, FKAA

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: VE,AE,AE,AE,VE,AE,VE
  • Parcel Number: 00094580-000167
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2015

Multi Family

  • Total Units: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2015
Closed on
Mar 1, 2016
Sold by
Beacon Reef Llc
Bought by
Cannone Properties Llc
Seller's Agent
Steven Conley
Compass Florida LLC
Buyer's Agent
Leslie Leopold
Ocean Sotheby's International Realty
List Price
$699,000
Sold Price
$587,500
Premium/Discount to List
-$111,500
-15.95%
Current Estimated Value
$928,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,615
Avg. Annual Appreciation
5.41%

Purchase Details

Closed on
Jun 16, 2015
Sold by
Schupp Rudy E and Schupp Susan F
Bought by
Beacon Reef Llc

Purchase Details

Listed on
Apr 14, 2014
Closed on
Jun 5, 2014
Sold by
Cohen Steven
Bought by
Schupp Rudy E and Schupp Susan F
Seller's Agent
Andrea (Andi) Saylor
Keys Holiday Rentals, Inc.
Buyer's Agent
STEVEN CONLEY, LLC
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$568,000
Sold Price
$568,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$550,000
Interest Rate
2.56%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 23, 2008
Sold by
Deitz James E and Deitz Mary E
Bought by
Cohen Steven and Cohen Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2004
Sold by
Hotaling Larry William
Bought by
Deitz James E and Deitz Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,625
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2004
Sold by
Hurstfield Meyer Jonathan R and Hurstfield Meyer Lynn J
Bought by
Hotaling Larry William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,400
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1990
Bought by
Cannone Properties Llc

Purchase Details

Closed on
Mar 1, 1987
Bought by
Cannone Properties Llc

Purchase Details

Closed on
Dec 1, 1986
Bought by
Cannone 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
Cannone Properties Llc $587,500 Attorney
Beacon Reef Llc $353,600 Attorney
Schupp Rudy E $568,000 The Tilte Network Inc
Cohen Steven $722,500 Coral Reef Title Company
Deitz James E $847,500 Coral Reef Title Company
Hotaling Larry William $503,000 Coral Reef Title Company
Cannone Properties Llc $185,000 --
Cannone Properties Llc $160,000 --
Cannone Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schupp Rudy E $550,000
Previous Owner Cohen Steven $393,750
Previous Owner Cohen Steven $417,000
Previous Owner Cohen Steven $578,000
Previous Owner Deitz James E $635,625
Previous Owner Hotaling Larry William $402,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2016 03/01/16 Sold $587,500 -16.0% $461 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
12/27/2015 12/27/15 For Sale $699,000 +23.1% $548 / Sq Ft
06/16/2014 06/16/14 Sold $568,000 0.0% $445 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $568,000 -- $445 / 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 $7,128 $811,705 -- $811,705
2023 $7,128 $845,066 $0 $845,066
2022 $6,716 $809,350 $0 $809,350
2021 $5,870 $555,767 $0 $555,767
2020 $5,532 $518,290 $0 $518,290
2019 $5,480 $502,679 $0 $502,679
2018 $5,401 $496,354 $0 $0
2017 $5,278 $493,926 $0 $0
2016 $4,683 $406,725 $0 $0
2015 $4,602 $406,725 $0 $0
2014 $4,653 $406,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Conley

    Seller's Agent in 2016

    Steven Conley

    Compass Florida LLC

    (305) 393-5859

    98 Total Sales

    Section Image
  • Leslie Leopold

    Buyer's Agent in 2016

    Leslie Leopold

    Ocean Sotheby's International Realty

    (305) 942-0215

    92 Total Sales

    Section Image

  • A

    Seller's Agent in 2014

    Andrea (Andi) Saylor

    Keys Holiday Rentals, Inc.

  • S

    Buyer's Agent in 2014

    STEVEN CONLEY, LLC

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

  • S

    Buyer's Agent in 2014

    Steve Conley

    Hogfish Realty

See All Agents

About Beacon Reef Condominiums

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 569360

Florida Keys Board of REALTORS®

APN: 00094580-000167

Florida Monroe County Islamorada 33036

83201 Old Hwy Unit 314, Islamorada, FL

This home is located at 83201 Old Hwy Unit 314, Islamorada, FL 33036 since 27 December 2015 and is currently estimated at $970,375, approximately $761 per square foot. This property was built in 1982. 83201 Old Hwy Unit 314 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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