$800,000
SOLD JUN 27, 2025

87200 Overseas Hwy Unit 4 Islamorada, FL 33036

2 Beds
3 Baths
1,403 Sq Ft
$1,301/mo HOA Fee

Recently Sold

$570 Per Sq Ft

15% Below List Price

170 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Sandy Beach
  • Plantation Key School Rated A-
  • Property fronts gulf or ocean
  • 1-minute walk to Indian Key

About This Home

As of June 2025

Come live your best life - RIGHT ON THE BEACH! Enjoy SUNSETS, bay views, DOCKAGE and the ideal Islamorada location. Boaters enjoy immediate BAY access and quick and easy OCEAN access via Snake Creek to the south and Tavernier Creek to the north. You'll be at all your favorite fishing, diving and dining spots in no time at all. Or - stay home and enjoy the beach right outside your door! Beautifully updated and lovely, this furnished bay front townhouse-style condo is directly on the beach and has TWO bedrooms PLUS a sleeping loft and THREE FULL bathrooms! You'll love having space to host your friends and family in the Keys. See every sunset from your own private balcony overlooking the beach and the bay. Enjoy sunsets and full bay views from almost every room. Bring your boat! First come dockage for boats up to 28' at the dock or up to 35' tethered to a piling. Trailer storage for up to three days. Impact windows and doors plus a metal roof add to the strength of the concrete building. Paddle boarding and kayaking is a breeze from this spot - and storage is no problem at all! This unit has a truly surprising amount of indoor and private outdoor storage. 11'x14' locked storage area under the unit for all your water toys, plus additional space for your bikes and more gear is just outside the front door. Bring your furry friends! Two pets OK - no weight restriction. J4 has very easy access to the pool, clubhouse and tennis & pickle ball courts. Parking spaces are right outside your door. Founders Park is adjacent to Executive Bay Club with even more tennis, pickle ball, sandy beach, full service marina and more! Spiral stair case provides access to the second floor where you'll find two full bedrooms and two full baths.... then it continues on up to the private sleeping loft. A third full bath is on the first level. Come find out why so many people love living on the beach at Executive bay Club.

Last Agent to Sell the Property

Alina Davis

Coldwell Banker Schmitt Islamorada License #3216995 Listed on: 12/26/2024

Coldwell Banker Schmitt Islamorada

Last Buyer's Agent

Kimberly Hamilton

Better Homes and Gardens Real Estate Destinations License #3577196

Better Homes and Gardens Real Estate Destinations

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,262

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Sandy Beach

HOA Fees

  • $1,301 Monthly HOA Fees

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,403 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Storage
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Open Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • First Come-First Served Dock
  • Boat Slip
  • Dock made with wood
  • Balcony
  • Gazebo
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00093243-001000

Community Details

Overview

  • Association fees include cable, security, common area mnt, building insurance
  • Executive Bay Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Restriction: 2, some breeds excl.

Security

  • Gated with Attendant
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,262

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$1,301 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 3904.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Dockage Dock: Wood
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance
  • Handicap Access: No
  • 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: Community Pool, Beach, Tennis Courts, Clubhouse, Community Dockage
  • Pets: Pets Allowed
  • Pets W Restrictions: 2, some breeds excl.
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5261.61
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Off Street Parking
  • Year Built: 1980
  • Alternate Key Number: 8567669
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1403.00
  • Pre Wired: Cable
  • Pre Wired Other: Hotwire fiber optic
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Walk-in Closet(s), Storage
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2
  • Sq Ft Remarks: buyer to verify

Exterior Features

  • Dockage: First Come Dock, Boat Slip
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Gazebo, Storage, Sandy Beach
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: Manned Gate
  • Utilities: FKAA, Water Separate Meter, Elect Separate Meter, Municipal Sewer
  • Heating: Central, Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X,VE,AE,0.2 PCT ANNU
  • Parcel Number: 00093243-001000
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

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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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: 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: 612850

Florida Keys Board of REALTORS®

APN: 00093242-000400