$260,000
SOLD APR 26, 2013

87200 Overseas Hwy Unit 2 Islamorada, FL 33036

2 Beds
2 Baths
1,371 Sq Ft
$500/mo HOA Fee

Recently Sold

$190 Per Sq Ft

7% Below List Price

31 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Outdoor Pool
  • Plantation Key School Rated A-
  • Gated with Attendant
  • 1-minute walk to Indian Key

About This Home

As of September 2024

Beautifully updated Executive Bay Unit! This 2 bedroom, 2 bathroom townhouse is beautifully remodeled throughout with a nice patio next to the tennis courts. Located in Islamorada in a bayfront complex offering, beach, pool, tennis, dockage, gated entrance & more.

Last Agent to Sell the Property

Charlotte Porter

Coldwell Banker Schmitt Islamorada License #3026666 Listed on: 01/15/2013

Coldwell Banker Schmitt Islamorada

Co-Listed By

Jan Keller

Coldwell Banker Schmitt Islamorada License #0670883

Last Buyer's Agent

Karol Marsden

Freewheeler Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,975

Year Built

  • Built in 1980

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 1,371 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Pool
  • First Come-First Served Dock
  • Dock Facilities
  • Patio

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00093241-005800

Community Details

Overview

  • Association fees include bldg exterior mnt, security, sewer, exterminating, common area mnt, cable, building insurance
  • 200 Units
  • Executive Bay Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Gated with Attendant
  • Complete Accordion Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,975

Year Built

Built in 1980

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • Association Fee: 1500.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Security, Sewer, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Mile Marker: 87.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Clubhouse, Tennis Courts, Other Area Features, Community Pool, Community Dockage
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1975.38
  • Title: Title Ins - Buyer
  • Year Built: 1980
  • Alternate Key Number: 8498667
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1371.00
  • Pre Wired: Cable
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Dryer
  • Floor: Carpet, Tile, Combo
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Dock Privileges, First Come Dock
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Manned Gate
  • Utilities: Community Swr Plant, FKAA

Lot Info

  • Deed Restrictions: Yes
  • Parcel Number: 00093241-005800
  • Land Size: 5 Less Than 10 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2012

Multi Family

  • Total Units: 200.00

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
Not Available
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 Type Sale Price Title Company
Warranty Deed $680,000 Attorneys Title Services
Warranty Deed $485,000 --
Warranty Deed $425,000 Flagler Title Services Llc
Personal Reps Deed -- --
Warranty Deed $90,000 --
Warranty Deed $71,000 --
Warranty Deed $80,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $423,000 New Conventional
Previous Owner $436,500 New Conventional
Previous Owner $340,000 Fannie Mae Freddie Mac
Previous Owner $72,000 Purchase Money Mortgage
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

  • Luis Ruiz

    Seller's Agent in 2024

    Luis Ruiz

    EXP Realty, LLC

    (786) 955-4218

    819 Total Sales

    Luis Ruiz
    Section Image
  • Ewa Schwarz

    Buyer's Agent in 2024

    Ewa Schwarz

    LoKation Real Estate

    (305) 781-5704

    150 Total Sales

    Ewa Schwarz
    Section Image
  • Claire Johnson

    Seller's Agent in 2022

    Claire Johnson

    Coastal Realty of the Florida Keys

    (305) 731-4602

    137 Total Sales

    Claire Johnson
    Section Image

  • W

    Buyer's Agent in 2022

    Wiebke Westedt

    Century 21 Keysearch Realty

  • Carlos Fox

    Seller's Agent in 2020

    Carlos Fox

    United Real Estate Advisors

    (305) 720-1283

    27 Total Sales

    Carlos Fox
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 560056

Florida Keys Board of REALTORS®

APN: 00093241-003800

Florida Monroe County Islamorada 33036

87200 Overseas Hwy Unit 2, Islamorada, FL

This home is located at 87200 Overseas Hwy Unit 2, Islamorada, FL 33036 and is currently priced at $260,000, approximately $189 per square foot. This property was built in 1980. 87200 Overseas Hwy Unit 2 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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