NOT LISTED FOR SALE

87200 Overseas Hwy Unit A2 Islamorada, FL 33036

Estimated Value: $541,141 - $608,000

2 Beds
1.5 Baths
1,339 Sq Ft
13 Acres

Last Sold April 27, 2018

Last sale price $295,000 $220 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,538/month

262 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • Fishing
  • Plantation Key School Rated A-
  • Private Beach Pavilion
  • 1-minute walk to Indian Key

About This Home

As of April 2018

Beautifully renovated townhouse in the desirable Islamorada Bayfront gated community, Executive Bay Club. Turnkey property with Walk-in Closets, Spacious Bright Rooms, Washer & Dryer, Front & Back Patios with Fenced Yard, Spectacular Sunsets, Sandy Beach, Pool, Clubhouse, Community Fishing & Boat Docks, 2 Tennis Courts, Clubhouse, 24 hour Security. Close to Founders Park, Restaurants, Shopping, Entertainment, Boutiques & much more. Resort style living that is great for Entertaining. Great investment opportunity, and priced to sell.

Last Listed By

Gary Bailey

Xcellence Realty License #3118772 Listed on: 06/26/2017

Xcellence Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,631

Year Built

  • Built in 1980

Lot Details

  • Waterfront
  • Fenced

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Garden Apartment
  • Cluster Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,339 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Paddle Fans
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00093241-000200

Community Details

Overview

  • Property has a Home Owners Association
  • Executive Bay Club Condos

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Complex Is Fenced

Additional Features

  • Clubhouse
  • Maintenance Expense $1,820

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,631

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment, Patio/Cluster
  • Directions: 87200 Overseas Highway (Executive Bay Club) Mile Marker 87.2 Islamorada, Florida.
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, Family Room
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Ceramic Floor
  • Furnished: Furnished, Turn Key Furnished
  • Living Area: 1339
  • Possible Use: Secondary
  • Stories: 2
  • Window Features: Other Windows
  • Bedroom Features: Entry Level, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Family Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Garden View
  • Exterior Features: Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: EXECUTIVE BAY CLUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Paddle Fans
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Guard At Site, Other

Condo/Co-op/Association

  • Amenities: Boat Dock, Clubhouse-Clubroom, Fishing Pier, Exterior Lighting, Child Play Area, Pool, Private Beach Pavilion, Private Pool, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 00093241-000200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 1820

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
May 1, 2018
Sold by
Falanga and Rossana
Bought by
Cousineau Jerry W
Seller's Agent
Gary Bailey
Xcellence Realty
Buyer's Agent
Gary Bailey
Xcellence Realty
List Price
$349,000
Sold Price
$295,000
Premium/Discount to List
-$54,000
-15.47%
Total Days on Market
262
Current Estimated Value
$583,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,535
Avg. Annual Appreciation
10.45%

Purchase Details

Listed on
Jun 26, 2017
Closed on
Apr 23, 2018
Sold by
Falanga and Rossana
Bought by
Cousineau Jerry W
Seller's Agent
Gary Bailey
Xcellence Realty
Buyer's Agent
Gary Bailey
Xcellence Realty
List Price
$349,000
Sold Price
$295,000
Premium/Discount to List
-$54,000
-15.47%

Purchase Details

Closed on
Jul 14, 2003
Sold by
Davis Richard V and Davis Karol A
Bought by
Falanga Domenico and Cielo Rossana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
5.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 1999
Bought by
Falanga Domenico and Falanga Rossana Cielo

Purchase Details

Closed on
Jun 1, 1980
Bought by
Falanga Domenico and Falanga Rossana Cielo

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Cousineau Jerry W $295,000 New Title Company Name
Cousineau Jerry W $295,000 New Title Company Name
Falanga Domenico $230,000 Coral Reef Title Company
Falanga Domenico $97,500 --
Falanga Domenico $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Falanga Domenico $101,000
Previous Owner Falanga Domenico $207,000
Previous Owner Davis Richard $15,000
Previous Owner Davis Richard $96,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold $295,000 -4.8% $220 / Sq Ft
02/16/2018 02/16/18 Price Changed $310,000 -10.1% $232 / Sq Ft
02/05/2018 02/05/18 Price Changed $345,000 -1.1% $258 / Sq Ft
06/26/2017 06/26/17 For Sale $349,000 -- $261 / 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 $3,631 $445,692 -- $445,692
2023 $3,631 $429,918 $0 $429,918
2022 $3,278 $355,848 $0 $355,848
2021 $2,917 $248,354 $0 $248,354
2020 $2,833 $238,531 $0 $238,531
2019 $2,907 $241,234 $0 $241,234
2018 $2,584 $209,232 $0 $0
2017 $2,637 $223,287 $0 $0
2016 $2,545 $197,233 $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: A10299975

MIAMI REALTORS® MLS

APN: 00093241-000200