NOT LISTED FOR SALE

84745 Old Hwy Unit 3 Islamorada, FL 33036

Estimated Value: $3,384,000

3 Beds
3 Baths
1,680 Sq Ft
$2,014/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $1,299,000 $773 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $19,924/month

42 Days on Market

Highlights

  • Ocean Front
  • Boat Dock
  • Concrete Pool
  • Plantation Key School Rated A-
  • New Construction
  • 1-minute walk to Lignumvitae Key Botanical State Park

About This Home

As of November 2023

NOW COMPLETE!!! Introducing the highly anticipated Peaceful Palms development, comprised of 15 high-end, new construction, ocean front units. Unit #3 is an end unit with ocean views from both porches. Rare oceanfront dockage for up to a 25' boat and the ability to do LEGAL weekly rentals makes this the perfect opportunity for both investors or owner occupants alike! Located in the heart of Islamorada and only a stone's throw to world class fishing and diving. Overlooking the famous sandbar and views of Alligator Reef Lighthouse. There is no comparison to having the luxury of new construction from the peace of mind from storms and lower insurances rates to the latest floorplans and finishes. Each fee simple unit is a 3 bedroom/3 bathroom with it's own huge 2 car garage. Peaceful Palms is the unicorn that checks all the boxes with it's location, dockage, pool, new construction, and ability to do vacation rentals. Come check out all this property has to offer and get in on a great investment opportunity.

Last Agent to Sell the Property

Drew Moret

Palm House Real Estate License #3463076 Listed on: 10/03/2023

Co-Listed By

AJ Vetter

Palm House Real Estate License #3296730

Last Buyer's Agent

Ewa Schwarz

LoKation Real Estate License #3054704

LoKation Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,662

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1.14 Acre Lot
  • Ocean Front
  • Fenced
  • Property is zoned MF - Multi-Family Attached

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • 3-Story Property
  • Tile Flooring
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Impact Glass
  • Fire Sprinkler System

Parking

  • Attached Garage
  • Electric Gate

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • First Come-First Served Dock
  • Dock made with concrete
  • Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00093940-000000

Community Details

Overview

  • Association fees include exterminating, common area mnt
  • Windy Cove Subdivision

Recreation

  • Boat Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,662

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: Yes
  • Association Fee: 300.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Dock Length: 225
  • Fee Includes: Exterminating, Common Area Mnt
  • Key Island: Windley Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 84.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Community Dockage
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 14662.07
  • Title: Title Ins - Seller
  • Vehicle Storage: Garage, Attached
  • Year Built: 2023
  • Alternate Key Number: 1109070
  • Cooling Heating: Central Air
  • Lot Sq Ft: 49870.00
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1680.00
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Fire Sprinkler, Quartz Countertops
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: First Come Dock
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00093940-000000
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Dec 22, 2023
Sold by
Bgisla Llc
Bought by
Tilleson Joshua K and Tilleson Rebecca E
Seller's Agent
Drew Moret
Palm House Real Estate
Buyer's Agent
Ewa Schwarz
LoKation Real Estate
List Price
$1,500,000
Sold Price
$1,299,000
Premium/Discount to List
-$201,000
-13.4%
Views
13
Current Estimated Value
$3,384,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,085,000
Original Mortgage
$1,250,000
Outstanding Balance
$1,228,483
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2021
Sold by
Sabalo Development Llc
Bought by
Bgisla Llc

Purchase Details

Closed on
Jun 11, 2021
Sold by
Peaceful Palms Of Islamorada Llc
Bought by
Sabalo Development Llc

Purchase Details

Closed on
Jul 8, 2016
Sold by
Wood Allen
Bought by
Peaceful Palms Of Islamorada 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
Tilleson Joshua K $1,900,000 Capital Abstract & Title
Bgisla Llc -- Attorney
Sabalo Development Llc $5,500,000 Attorney
Peaceful Palms Of Islamorada Llc $2,945,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tilleson Joshua K $1,250,000
Previous Owner Bgisla Llc $14,792,228
Previous Owner Bgisla Llc $12,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $1,299,000 0.0% $773 / Sq Ft
11/08/2023 11/08/23 Off Market $1,299,000 -- --
10/27/2023 10/27/23 Price Changed $1,299,000 -13.4% $773 / Sq Ft
10/03/2023 10/03/23 For Sale $1,500,000 -- $893 / 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 $14,662 -- -- --
2023 $14,662 -- -- --
2022 $14,662 $1,586,040 $1,563,518 $22,522
2021 $15,209 $1,585,151 $1,563,518 $21,633
2020 $14,383 $1,585,341 $1,563,518 $21,823
2019 $13,789 $1,386,400 $1,243,726 $142,674
2018 $12,652 $1,275,465 $1,132,701 $142,764
2017 $19,314 $1,994,201 $0 $0
2016 $8,635 $874,268 $0 $0
2015 $8,472 $874,268 $0 $0
2014 $8,576 $874,145 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Drew Moret

    Seller's Agent in 2023

    Drew Moret

    Palm House Real Estate

    (305) 393-3331

    15 in this area

    26 Total Sales

    Drew Moret
    Section Image
  • AJ Vetter

    Seller Co-Listing Agent in 2023

    AJ Vetter

    Palm House Real Estate

    (305) 304-8841

    82 in this area

    143 Total Sales

    AJ Vetter
    Section Image
  • Ewa Schwarz

    Buyer's Agent in 2023

    Ewa Schwarz

    LoKation Real Estate

    (305) 781-5704

    30 in this area

    152 Total Sales

    Ewa Schwarz
    Section Image
  • Peter Schwarz-Top Producer

    Buyer Co-Listing Agent in 2023

    Peter Schwarz-Top Producer

    LoKation Real Estate

    (305) 394-5171

    32 in this area

    152 Total Sales

    Peter Schwarz-Top Producer
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 606869

Florida Keys Board of REALTORS®

APN: 00093940-000000

Florida Monroe County Islamorada 33036

84745 Old Hwy Unit 3, Islamorada, FL

This home is located at 84745 Old Hwy Unit 3, Islamorada, FL 33036 since 03 October 2023 and is currently priced at $3,384,000, approximately $2,014 per square foot. This property was built in 2023. 84745 Old Hwy Unit 3 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.

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