$325,000
SOLD MAR 31, 2020

87200 Overseas Hwy Unit 2 Islamorada, FL 33036

3 Beds
1.5 Baths
1,355 Sq Ft
$617/mo HOA Fee

Recently Sold

$240 Per Sq Ft

16% Below List Price

133 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Property Fronts a Bay or Harbor
  • Plantation Key School Rated A-
  • Sandy Beach
  • 1-minute walk to Indian Key

About This Home

As of September 2024

The Perfect Island Retreat in Islamorada, Plantation Key offered with 2002 back country boat hardly used. In a prime location with great updates, 3BR plus loft,(4th BR) 1.5BA, 1,355 SF of living area & spacious backyard. New impact resistant windows/doors & tiled floors, offered completely furnished & turnkey. Excellent location across from pool & steps from the beach. Executive Bay Club is a Bayfront property with a sandy beach & stunning sunset views. A beautiful clubhouse-community center, large pool, boat dockage, tennis, gated entrance w/security, & More! Next to Founders Park for more fun activities. Near schools, shopping and restaurants. This is a must see town home. Great investment or full time residence to enjoy all year round. Close proximity to great restaurants

Last Agent to Sell the Property

Terry Canto

American Caribbean Real Estate, Christie's International Real Estate License #626852 Listed on: 11/05/2019

Last Buyer's Agent

Terry Canto,Top Producer

American Caribbean Real Estate, Christie's International Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,401

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • Sandy Beach

HOA Fees

  • $617 Monthly HOA Fees

Home Design

  • Split Level Home
  • Metal Roof

Interior Spaces

  • 1,355 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Home Theater
  • Storage
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Open Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • First Come-First Served Dock
  • Dock Facilities
  • Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00093242-002200

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated with Attendant
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,401

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$617 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1850.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Document Count: 1
  • Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt, Building Insurance
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 87.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Fire Hydrant, Tennis Courts, Clubhouse, Community Pool, Community Dockage
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2401.12
  • Title: Title Ins - Buyer
  • Vehicle Storage: Guest Parking, Open Parking
  • Year Built: 1980
  • Alternate Key Number: 8567120
  • Building Style: Split Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1355.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Cathedral Ceilings, Storage, Window Treatments, Walk-in Closet(s), Split Bedroom, Entrance Foyer, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Media Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Dock Privileges, First Come Dock
  • Waterfront: Bay Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Sandy Beach, Tennis Court(s), Storage
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Manned Gate, Secured Building
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X,VE,AE,0.2 PCT ANNU
  • Parcel Number: 00093242-002200
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

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 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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588051

Florida Keys Board of REALTORS®

APN: 00093241-003800