$214,000
SOLD APR 15, 2016 RENTED JUL 25, 2025

87200 Overseas Hwy Unit 4 Islamorada, FL 33036

2 Beds
1.5 Baths
1,352 Sq Ft
$533/mo HOA Fee

Recently Sold

$158 Per Sq Ft

5% Below List Price

31 Days on Market

Highlights

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

About This Home

As of June 2025

Least expensive townhouse unit in Executive Bay. Priced to sell but needs to be remodeled. Executive Bay includes swimming pool, clubhouse, tennis, sandy beach, boat pier and mooring pilings.

Last Agent to Sell the Property

Jim Signor

Ocean Sotheby's International Realty License #525352 Listed on: 02/10/2016

Ocean Sotheby's International Realty

Last Buyer's Agent

Karen Hendrick

Hogfish Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,467

Year Built

  • Built in 1980

Lot Details

  • Property Fronts a Bay or Harbor

HOA Fees

  • $533 Monthly HOA Fees

Home Design

  • 1,352 Sq Ft Home

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking

Outdoor Features

  • First Come-First Served Dock
  • Patio

Utilities

  • Central Air
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 00093243-006700

Community Details

Overview

  • Association fees include cable, security, exterminating, common area mnt
  • 200 Units
  • Executive Bay Subdivision
  • Rental Restrictions

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Clubhouse
  • Gated with Attendant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,467

Year Built

Built in 1980

Lot Details

0

HOA Fees

$533 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • Association Fee: 1600.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Fee Includes: Cable, Security, Exterminating, Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Mile Marker: 87.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Community Pool, Community Dockage, Clubhouse
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2466.83
  • Title: Title Ins - Buyer
  • Vehicle Storage: Guest Parking, Open Parking
  • Year Built: 1980
  • Alternate Key Number: 8568231
  • Building Style: Townhouse
  • Cooling Heating: Central Air
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1352.00
  • Sewer Hook Up: No
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Refrigerator, Range, Oven
  • Floor: Combo
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Dockage: First Come Dock, Other Dockage
  • Waterfront: Bay Front
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: No Waterview

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00093243-006700
  • Land Size: 5 Less Than 10 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Multi Family

  • Total Units: 200.00

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

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 -- 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
07/25/2025 07/25/25 Rented $3,100 0.0% --
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: 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 $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: Florida Keys Board of REALTORS®

MLS Number: 569947

Florida Keys Board of REALTORS®

APN: 00093242-000400