$500,000
SOLD SEP 26, 2024

87200 Overseas Hwy Unit 1 Islamorada, FL 33036

2 Beds
2 Baths
1,365 Sq Ft
$1,300/mo HOA Fee

Recently Sold

$366 Per Sq Ft

12% Below List Price

25 Days on Market

Highlights

  • Marina
  • Property has ocean access
  • Community Cabanas
  • Plantation Key School Rated A-
  • Boat Dock
  • 1-minute walk to Indian Key

About This Home

As of September 2024

Welcome to your dream waterfront condo at Executive Bay Condominiums! This 2-bedroom, 2-bathroom unit offers the perfect blend of relaxation and convenience. Step inside and be greeted by a spacious living area and dining room. The bedrooms are generously sized and offer ample closet space for all your storage needs. Take a dip in the in-ground pool, challenge your friends to a game of tennis on the courts, or head down to the marina and take your boat out for a spin. With boat docks available, you'll have easy access to the open water whenever the mood strikes. And when you're ready to unwind, just a few minutes away is the world-famous Tiki bar, where you can sip on cocktails and watch the sunset over the water. Don't miss out on this opportunity to live in paradise.

Last Agent to Sell the Property

Jessica Hyde

Xcellence Realty License #3614671 Listed on: 08/12/2024

Xcellence Realty

Last Buyer's Agent

Jessica Hyde

Xcellence Realty License #3614671 Listed on: 08/12/2024

Xcellence Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,991

Year Built

  • Built in 1980

Lot Details

  • Waterfront
  • Southwest Facing Home

HOA Fees

  • $1,300 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,365 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Loft
  • Garden Views

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • 1 Car Parking Space
  • Guest Parking

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00093243-006400

Community Details

Overview

  • Executive Bay Club Condos
  • Executive Bay Club Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Bar or Lounge

Recreation

  • Boat Dock
  • Marina
  • Tennis Courts
  • Community Cabanas
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Card or Code Access
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,991

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,300 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: EXECUTIVE BAY CLUB
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Vaulted Ceiling(s), Loft
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 1365
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Complete Accordian Shutters, Hurricane Shutters
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Loft

Exterior Features

  • View: Garden View
  • Exterior Features: Other, Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: EXECUTIVE BAY CLUB
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: 1 Space, Guest

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Card Entry, Guard At Site, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1300
  • Amenities: Bar, Barbecue, Boat Dock, Cabana, Clubhouse-Clubroom, Marina, Other, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 00093243-006400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3991

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2024
Sold by
Weiss Zachary and Mari Rivero
Bought by
Conchy Tonk Dreams Inc

Purchase Details

Closed on
Apr 17, 2023
Sold by
Conchy Tonk Dreams Inc
Bought by
Conchy Tonk Vacations Llc

Purchase Details

Listed on
Oct 12, 2020
Closed on
Mar 5, 2021
Sold by
Regan Jeanne and Jeanne Regan Declaration Of Tr
Bought by
Weiss Zachary and Weiss Ana Mari
Seller's Agent
Charlotte Porter
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Creative Technology
List Price
$389,000
Sold Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$355,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 1998
Sold by
Regan Carl J and Regan Jean
Bought by
Regan Jeanne

Purchase Details

Closed on
May 1, 1986
Bought by
Regan Jeanne Dec Trust 6/24/1998

Purchase Details

Closed on
Jun 1, 1981
Bought by
Regan Jeanne Dec Trust 6/24/1998
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $332,400 None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed $395,000 Coral Reef Title Co
Quit Claim Deed $100 --
Warranty Deed $91,000 --
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $355,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 For Rent $4,000 0.0% --
09/26/2024 09/26/24 Sold $500,000 -12.2% $366 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $569,500 -1.8% $417 / Sq Ft
06/20/2024 06/20/24 Sold $580,000 -3.2% $429 / Sq Ft
03/27/2024 03/27/24 Price Changed $599,000 -1.8% $443 / Sq Ft
03/12/2024 03/12/24 Price Changed $610,000 -0.8% $451 / Sq Ft
02/23/2024 02/23/24 Price Changed $615,000 -0.8% $455 / Sq Ft
01/25/2024 01/25/24 For Sale $620,000 +10.7% $459 / Sq Ft
07/10/2023 07/10/23 Sold $560,000 -2.6% $415 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $575,000 +32.2% $426 / Sq Ft
06/15/2021 06/15/21 Sold $435,000 +11.8% $322 / Sq Ft
04/15/2021 04/15/21 Sold $389,000 -10.6% $288 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/04/2021 04/04/21 For Sale $435,000 +10.1% $322 / Sq Ft
03/05/2021 03/05/21 Sold $395,000 -1.2% $291 / Sq Ft
01/08/2021 01/08/21 For Sale $399,900 0.0% $294 / Sq Ft
12/26/2020 12/26/20 Rented $2,300 0.0% --
12/11/2020 12/11/20 Under Contract -- -- --
10/22/2020 10/22/20 For Rent $2,300 0.0% --
10/12/2020 10/12/20 For Sale $389,000 -1.5% $288 / Sq Ft
08/11/2020 08/11/20 Sold $395,000 -1.0% $285 / Sq Ft
06/15/2020 06/15/20 For Sale $399,000 -3.9% $287 / Sq Ft
09/21/2016 09/21/16 Sold $415,000 -16.8% $294 / Sq Ft
08/25/2016 08/25/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $499,000 +75.1% $353 / Sq Ft
06/17/2016 06/17/16 Sold $285,000 -4.7% $211 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $299,000 -- $221 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $4,851 $526,050 -- $526,050
2023 $4,851 $508,139 $0 $508,139
2022 $4,374 $419,373 $0 $419,373
2021 $3,342 $292,535 $0 $292,535
2020 $3,176 $274,093 $0 $274,093
2019 $3,310 $285,485 $0 $285,485
2018 $3,032 $254,868 $0 $0
2017 $2,850 $254,825 $0 $0
2016 $2,746 $224,920 $0 $0
2015 $2,467 $193,372 $0 $0
2014 $2,491 $193,372 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11632947

MIAMI REALTORS® MLS

APN: 00093243-003400