NOT LISTED FOR SALE

87200 Overseas Hwy Unit C5 Islamorada, FL 33036

Estimated Value: $562,360 - $615,000

2 Beds
2 Baths
1,346 Sq Ft
$445/Sq Ft Est. Value

Last Sold February 21, 2018

Last sale price $294,076 $218 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,229/month

47 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 February 2018

Income producing 2 bedroom/2 bath, townhouse in centrally located Executive Bay Club Condominium, next to Founders Park. This is the lowest priced condo in the development. EBC boasts a bayfront day dock, beach, large swimming pool, tennis court, and 24-hour security. This townhouse is clean and well maintained with upside potential. The townhouse comes fully furnished and has two full bathrooms, two large bedrooms, a living room, dining room and patio. Current tenants are on a year lease that ends 10/31/18.

Last Listed By

Andrea Johansson

Coldwell Banker Schmitt Islamorada License #3322639 Listed on: 11/20/2017

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,705

Year Built

  • Built in 1980

Lot Details

  • Property Fronts a Bay or Harbor

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1,346 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Loft

Kitchen

  • Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Pool
  • First Come-First Served Dock
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00093241-002500

Community Details

Overview

  • Association fees include bldg exterior mnt, security, sewer, common area mnt, cable, building insurance
  • 200 Units
  • Executive Bay Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated with Attendant
  • Complete Accordion Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,705

Year Built

Built in 1980

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 1800.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Fee Includes: Bldg Exterior Mnt, Security, Sewer, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Mile Marker: 87.00
  • Min Rental Days: 28.00
  • 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: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2704.96
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking
  • Year Built: 1980
  • Alternate Key Number: 8498331
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1346.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Pantry
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Dryer
  • Floor: Laminate, Tile
  • Specialty Rooms: Loft
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: First Come Dock
  • Waterfront: Bay Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Tennis Court(s)
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Manned Gate
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X,AE,0.2 PCT ANNUAL
  • Parcel Number: 00093241-002500
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2021
Sold by
Kumar Ashish and Kumar Wendy Justice
Bought by
Kumar Ashish and Kumar Wendy Justice
Total Days on Market
47
Current Estimated Value
$599,090

Purchase Details

Listed on
Nov 20, 2017
Closed on
Feb 20, 2018
Sold by
Equity Trust Company
Bought by
Kumar Ashish and Kumar Wendy J
Seller's Agent
Andrea Johansson
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Lisa Frins
Century 21 Prestige Realty Grp, Tavernier
List Price
$312,000
Sold Price
$294,076
Premium/Discount to List
-$17,924
-5.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%
Original Mortgage
$204,076
Outstanding Balance
$175,586
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$430,237

Purchase Details

Listed on
Jul 31, 2017
Closed on
Aug 28, 2017
Sold by
Rodrguez Jose and Rodrguez Lourdes
Bought by
Equity Trust Company
Seller's Agent
Georgina(Gina) Blanco
Douglas Elliman Florida, LLC
Buyer's Agent
Ana Zalesky, P.A.
Shoreline Properties
List Price
$272,000
Sold Price
$269,000
Premium/Discount to List
-$3,000
-1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.40%

Purchase Details

Listed on
Mar 12, 2013
Closed on
Jun 13, 2013
Sold by
Keys Investment Properties Llc
Bought by
Rodriguez Jose and Rodriguez Lourdes
Seller's Agent
Georgina(Gina) Blanco
Douglas Elliman Florida, LLC
Buyer's Agent
Georgina 'Gina' Blanco/Broker-Associate
Coldwell Banker Residential R.E.
List Price
$249,000
Sold Price
$237,000
Premium/Discount to List
-$12,000
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%
Original Mortgage
$189,600
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2008
Sold by
Arciero Angel and Lopez Asis G
Bought by
Keys Investment 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
$250,000
Interest Rate
6.17%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 20, 2007
Sold by
Kennedy Darwin Keith
Bought by
Lopez Javier and Lopez Asis

Purchase Details

Closed on
Jan 27, 2000
Sold by
Peal Johnny L and Peal Carolyn
Bought by
Kennedy Darwin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
7.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2000
Bought by
Rodriguez Jose and Rodriguez Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
7.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1989
Bought by
Rodriguez Jose and Rodriguez Lourdes

Purchase Details

Closed on
Apr 1, 1980
Bought by
Rodriguez Jose and Rodriguez Lourdes

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
Kumar Ashish -- Attorney
Kumar Ashish $294,100 Coral Reef Title Co
Equity Trust Company $269,000 Attorney
Rodriguez Jose $237,000 Attorney
Keys Investment Properties Llc -- Attorney
Lopez Javier $280,000 Coastal Title & Closing Serv
Kennedy Darwin K $108,000 --
Rodriguez Jose $108,000 --
Rodriguez Jose $85,000 --
Rodriguez Jose $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Ashish $204,076
Previous Owner Rodriguez Jose $189,600
Previous Owner Keys Investment Properties Llc $250,000
Previous Owner Kennedy Keith $50,000
Previous Owner Kennedy Darwin Keith $130,000
Previous Owner Kennedy Darwin K $97,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2018 02/21/18 Sold $294,076 -5.7% $218 / Sq Ft
01/06/2018 01/06/18 Pending -- -- --
11/20/2017 11/20/17 For Sale $312,000 +16.0% $232 / Sq Ft
08/28/2017 08/28/17 Sold $269,000 0.0% $200 / Sq Ft
08/28/2017 08/28/17 Sold $269,000 -1.1% $200 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
08/02/2017 08/02/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $272,000 0.0% $202 / Sq Ft
07/28/2017 07/28/17 Price Changed $272,000 -6.2% $202 / Sq Ft
06/21/2017 06/21/17 For Sale $290,000 +22.4% $215 / Sq Ft
06/13/2013 06/13/13 Sold $237,000 -4.8% $176 / Sq Ft
04/03/2013 04/03/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $249,000 -- $185 / 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 $3,683 $453,127 -- $453,127
2023 $3,683 $437,086 $0 $437,086
2022 $3,322 $361,177 $0 $361,177
2021 $2,958 $252,558 $0 $252,558
2020 $2,812 $236,401 $0 $236,401
2019 $2,955 $246,189 $0 $246,189
2018 $2,757 $226,815 $0 $0
2017 $2,805 $241,512 $0 $0
2016 $2,705 $213,221 $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: 577543

Florida Keys Board of REALTORS®

APN: 00093241-002500