NOT LISTED FOR SALE

87200 Overseas Hwy Unit 2 Islamorada, FL 33036

Estimated Value: $613,000 - $692,000

2 Beds
2.5 Baths
1,345 Sq Ft
$481/Sq Ft Est. Value

Last Sold September 17, 2024

Last sale price $680,000 $506 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,252/month

80 Days on Market

Highlights

  • Ocean View
  • Building Security System
  • Clubhouse
  • Plantation Key School Rated A-
  • In Ground Pool
  • 1-minute walk to Indian Key

About This Home

As of September 2024

Welcome to your own piece of paradise! Tucked away in Islamorada, this fully-equipped home epitomizes coastal living. Offering 3 bdrm, 2.5 baths, and a loft, there's plenty of room for comfortable living. Inside, you'll find a spacious living area, a beautifully designed kitchen w/ high-end appliances, a full-size washer & dryer, and custom lighting throughout. The second-floor tongue and groove ceilings add a touch of elegance, while new impact windows and doors provide peace of mind. Relax and enjoy breathtaking sunsets from the community beach overlooking the newly constructed dock. Embrace the resort-style amenities including picket ball, basketball, tennis, and swimming pool. This home is ready for you to move in and experience the true essence of coastal living.

Last Agent to Sell the Property

Luis Ruiz

EXP Realty, LLC License #3302089 Listed on: 05/23/2024

EXP Realty, LLC

Last Buyer's Agent

Ewa Schwarz

LoKation Real Estate License #3054704

LoKation Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,354

Year Built

  • Built in 1980

Lot Details

  • 1,345 Sq Ft Lot
  • Privacy Fence

HOA Fees

  • $1,310 Monthly HOA Fees

Parking

  • Off-Street Parking

Interior Spaces

  • 1,345 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Loft
  • Tile Flooring
  • Ocean Views
  • Monitored

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Minimum Rental Period: 30
  • No Rentals Allowed
  • Assessor Parcel Number 00093241-003800

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt
  • Executive Bay Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Building Security System
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,354

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,310 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1310.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Other, Common Area Mnt
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 87.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Other Area Features, Tennis Courts, Clubhouse
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Other Terms
  • Side: Ocean
  • State Province: FL
  • Taxes: 4353.93
  • Vehicle Storage: Off Street Parking
  • Year Built: 1980
  • Alternate Key Number: 8498462
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 1345.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1345.00
  • Pool Info Other: Community Pool
  • Sewer Hook Up: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Other
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: More Appliances, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer, Washer
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Loft
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Security: Secured Building, Other, On Premises System, Patrolled Area
  • Utilities: Other - See Remarks
  • Heating: Central

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X,VE,AE,0.2 PCT ANNU
  • Parcel Number: 00093241-003800
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: No
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Sep 13, 2024
Sold by
Hoheb Lisa Cardali
Bought by
Star Commercial Properties Ebc Llc
Seller's Agent
Luis Ruiz
EXP Realty, LLC
Buyer's Agent
Ewa Schwarz
LoKation Real Estate
List Price
$729,900
Sold Price
$680,000
Premium/Discount to List
-$49,900
-6.84%
Views
32
Current Estimated Value
$646,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,726
Avg. Annual Appreciation
-5.88%
Original Mortgage
$423,000
Outstanding Balance
$420,397
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$225,877

Purchase Details

Listed on
Dec 27, 2021
Closed on
Apr 29, 2022
Sold by
Mmm Properties Llc
Bought by
Hoheb Lisa Cardali
Seller's Agent
Claire Johnson
Coastal Realty of the Florida Keys
Buyer's Agent
Wiebke Westedt
Century 21 Keysearch Realty
List Price
$535,000
Sold Price
$525,000
Premium/Discount to List
-$10,000
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
Original Mortgage
$436,500
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2005
Sold by
Saleem Annemarie
Bought by
Mmm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 21, 2002
Sold by
Michael D Saleem I
Bought by
Saleem Annemarie

Purchase Details

Closed on
Apr 8, 1994
Sold by
Janas Joseph J and Gory Thomas A
Bought by
Saleem Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1991
Bought by
Mmm Properties Llc

Purchase Details

Closed on
Jun 1, 1984
Bought by
Mmm Properties Llc

Purchase Details

Closed on
Mar 1, 1981
Bought by
Mmm 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
Star Commercial Properties Ebc Llc $680,000 Attorneys Title Services
Hoheb Lisa Cardali $485,000 --
Mmm Properties Llc $425,000 Flagler Title Services Llc
Saleem Annemarie -- --
Saleem Michael D $90,000 --
Mmm Properties Llc $71,000 --
Mmm Properties Llc $80,000 --
Mmm Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Star Commercial Properties Ebc Llc $423,000
Previous Owner Hoheb Lisa Cardali $436,500
Previous Owner Mmm Properties Llc $340,000
Previous Owner Saleem Michael D $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Sold $680,000 -6.8% $506 / Sq Ft
08/29/2024 08/29/24 For Sale $729,900 0.0% $543 / Sq Ft
08/11/2024 08/11/24 Pending -- -- --
08/05/2024 08/05/24 Price Changed $729,900 -2.7% $543 / Sq Ft
06/25/2024 06/25/24 Price Changed $749,900 -6.3% $558 / Sq Ft
06/17/2024 06/17/24 Price Changed $799,900 -5.8% $595 / Sq Ft
05/23/2024 05/23/24 For Sale $849,000 +61.7% $631 / Sq Ft
03/30/2022 03/30/22 Sold $525,000 -1.9% $389 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
12/27/2021 12/27/21 For Sale $535,000 +73.1% $396 / Sq Ft
12/30/2020 12/30/20 Sold $309,000 +3.0% $231 / Sq Ft
12/16/2020 12/16/20 Sold $300,000 -6.3% $226 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $320,000 -1.5% $240 / Sq Ft
05/21/2020 05/21/20 Price Changed $325,000 0.0% $244 / Sq Ft
03/31/2020 03/31/20 Sold $325,000 -7.1% $240 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
02/19/2020 02/19/20 Price Changed $349,900 -5.2% $258 / Sq Ft
01/29/2020 01/29/20 Price Changed $369,000 -1.6% $272 / Sq Ft
01/03/2020 01/03/20 Price Changed $374,900 +13.6% $277 / Sq Ft
11/12/2019 11/12/19 Price Changed $330,000 -15.2% $248 / Sq Ft
11/05/2019 11/05/19 For Sale $389,000 +14.4% $287 / Sq Ft
08/22/2019 08/22/19 For Sale $340,000 +30.8% $256 / Sq Ft
04/26/2013 04/26/13 Sold $260,000 -6.8% $190 / Sq Ft
02/15/2013 02/15/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $279,000 -- $204 / 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 $4,354 $572,533 -- $572,533
2023 $4,354 $421,450 $0 $421,450
2022 $3,224 $348,697 $0 $348,697
2021 $2,872 $243,641 $0 $243,641
2020 $2,831 $238,303 $0 $238,303
2019 $2,947 $248,131 $0 $248,131
2018 $2,707 $221,718 $0 $0
2017 $2,756 $235,842 $0 $0
2016 $2,658 $208,275 $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: Florida Keys Board of REALTORS®

MLS Number: 610120

Florida Keys Board of REALTORS®

APN: 00093241-003800