$602,500
SOLD MAY 31, 2023

87200 Overseas Hwy Unit 4 Islamorada, FL 33036

2 Beds
2.5 Baths
1,352 Sq Ft
$785/mo HOA Fee

Recently Sold

$446 Per Sq Ft

4% Below List Price

55 Days on Market

Highlights

  • Boat Dock
  • Beach Access
  • Fishing
  • Plantation Key School Rated A-
  • Private Beach Pavilion
  • 1-minute walk to Indian Key

About This Home

As of June 2025

Enjoy Florida Keys Sunsets! With the fines detail in mind, this beautiful unit was completely remodeled. Executive Bay Club U4 is a rare 2 bedroom,2 -1/2 bath plus a convince loft unit,It has a partial impact window & new flooring throughout, new bathroom and gorgeous kitchen.Located in Executive Bay Club, a gated community in the heart of Islamorada, with 2 tennis courts, a large community swimming pool, tiki huts, air-conditioned clubhouse, private sandy beach with gorgeous open water views, and a first come dock which also offers quick boating access to both back country fishing on the bayside and oceanside via Snake Creek.Complex is adjacent to Founders Park,Islamorada's largest park and access to the park and boat ramp is free to use for Islamorada residents...

Last Agent to Sell the Property

OrElvys Sanabria

Coldwell Banker Realty License #3046618 Listed on: 04/05/2023

Coldwell Banker Realty

Co-Listed By

Annaby Pozo

Coldwell Banker Realty License #3505370

Last Buyer's Agent

OrElvys Sanabria

Coldwell Banker Realty License #3046618 Listed on: 04/05/2023

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,576

Year Built

  • Built in 1980

HOA Fees

  • $785 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Cluster Home

Interior Spaces

  • 1,352 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Tennis Court Views
  • Dishwasher
  • Washer and Dryer Hookup
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Home Security

Outdoor Features

  • Beach Access
  • Dock Available
  • Deck
  • Patio

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 00093242-004900

Community Details

Overview

  • Executive Bay Club Condos
  • Executive Bay Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Private Beach Pavilion
  • Tennis Courts
  • Community Pool
  • Fishing

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced
  • Partial Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,576

Year Built

Built in 1980

Lot Details

0

HOA Fees

$785 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Townhouse
  • Architectural Style: Patio/Cluster
  • Co List Office Mls Id: VRGR01
  • Co List Office Phone: 305-609-7095
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available, Beach Access,Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Subdivision Name: Executive Bay
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Walk-In Closet(s), Attic
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1352
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Partial Impact Glass
  • Bedroom Features: Entry Level
  • Living Room Features: Attic

Exterior Features

  • View: Other View, Tennis Court View
  • Exterior Features: Tennis Court(s)
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Executive Bay Club
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 785
  • Amenities: Boat Dock, Clubhouse-Clubroom, Fishing Pier, Other, Pool, Private Beach Pavilion, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 00093242-004900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3576

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2020
Sold by
Grullon Jose E and Grullon Marcia I
Bought by
Grullon Natasha I and Grullon Alexis I

Purchase Details

Closed on
Dec 21, 2011
Sold by
Lozano Bernardo F and Lozano Maria C
Bought by
Grullon Jose E and Grullon Marcia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2004
Sold by
Calhoun Frederick Ronald and Christensen Cecile Ann
Bought by
Lozano Bernardo F and Lozano Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,200
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1988
Bought by
Grullon Jose E and Grullon Marcia I

Purchase Details

Closed on
Nov 1, 1984
Bought by
Grullon Jose E and Grullon Marcia I

Purchase Details

Closed on
Aug 1, 1980
Bought by
Grullon Jose E and Grullon Marcia I
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
Warranty Deed -- Brian J Samuels Pa
Warranty Deed $200,000 Coastal Title & Closing Serv
Warranty Deed $308,000 Sovereign Title & Trust Comp
Warranty Deed $83,000 --
Warranty Deed $68,000 --
Warranty Deed $83,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 New Conventional
Previous Owner $392,000 Unknown
Previous Owner $49,000 Stand Alone Second
Previous Owner $277,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $749,000 0.0% $551 / Sq Ft
07/14/2025 07/14/25 Under Contract -- -- --
06/27/2025 06/27/25 Sold $800,000 0.0% $570 / Sq Ft
06/25/2025 06/25/25 For Rent $3,750 0.0% --
06/14/2025 06/14/25 Pending -- -- --
05/24/2025 05/24/25 Price Changed $877,000 +9.8% $625 / Sq Ft
05/21/2025 05/21/25 Price Changed $799,000 0.0% $588 / Sq Ft
05/19/2025 05/19/25 For Rent $3,200 0.0% --
04/25/2025 04/25/25 Price Changed $825,000 -5.7% $607 / Sq Ft
04/01/2025 04/01/25 For Sale $875,000 -6.6% $644 / Sq Ft
12/26/2024 12/26/24 For Sale $937,000 +55.5% $668 / Sq Ft
05/31/2023 05/31/23 Sold $602,500 -3.6% $446 / Sq Ft
04/05/2023 04/05/23 For Sale $625,000 0.0% $462 / Sq Ft
10/29/2020 10/29/20 Rented $2,200 0.0% --
10/24/2020 10/24/20 Under Contract -- -- --
08/07/2020 08/07/20 Price Changed $2,200 -2.2% $2 / Sq Ft
07/31/2020 07/31/20 For Rent $2,250 0.0% --
05/08/2019 05/08/19 Sold $335,000 -4.3% $249 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $349,900 +63.5% $260 / Sq Ft
04/15/2016 04/15/16 Sold $214,000 -4.9% $158 / Sq Ft
03/12/2016 03/12/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $225,000 -- $166 / 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 $2,322 $246,853 -- --
2023 $2,322 $239,664 $0 $0
2022 $3,405 $371,960 $0 $371,960
2021 $3,029 $259,950 $0 $259,950
2020 $2,882 $243,597 $0 $243,597
2019 $3,000 $253,689 $0 $253,689
2018 $2,754 $226,569 $0 $0
2017 $2,804 $241,240 $0 $0
2016 $2,704 $212,985 $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: A11367317

MIAMI REALTORS® MLS

APN: 00093242-000400