NOT LISTED FOR SALE

87200 Overseas Hwy Unit K8 Islamorada, FL 33036

Estimated Value: $608,000 - $696,000

2 Beds
2 Baths
1,356 Sq Ft
$479/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $450,000 $332 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,566/month

Highlights

  • Beach
  • Sandy 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 March 2021

This home is located at 87200 Overseas Hwy Unit K8, Islamorada, FL 33036 since 01 March 2021 and is currently estimated at $649,831, approximately $479 per square foot. This property was built in 1980. 87200 Overseas Hwy Unit K8 is a home located in Monroe County with nearby schools including Plantation Key School, Coral Shores High School, and Treasure Village Montessori Charter School.

Last Agent to Sell the Property

Kym Papp

Postcard Properties, Inc. License #3230979 Listed on: 03/01/2021

Last Buyer's Agent

Kym Papp

RE/MAX Keys Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,091

Year Built

  • Built in 1980

Lot Details

  • Property Fronts a Bay or Harbor
  • Sandy Beach

HOA Fees

  • $612 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,356 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gulf Views
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • First Come-First Served Dock
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00093242-004400

Community Details

Overview

  • Association fees include bldg exterior mnt, security, sewer, exterminating, common area mnt, cable, building insurance
  • Executive Bay Subdivision

Amenities

  • Clubhouse

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Complete Accordion Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,091

Year Built

Built in 1980

Lot Details

0

HOA Fees

$612 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • First Right of Refusal: No
  • Association Fee: 1836.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Fee Includes: Bldg Exterior Mnt, Security, Sewer, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Key Island: Plantation Key
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 87.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Clubhouse, Tennis Courts, Community Pool
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2090.91
  • Vehicle Storage: Guest Parking, Off Street Parking
  • Year Built: 1980
  • Alternate Key Number: 8567359
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: In Ground
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1356.00
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Refrigerator, Range, Microwave, Dryer
  • Total Bedrooms: 2

Exterior Features

  • Dockage: First Come Dock
  • Waterfront: Bay Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Sandy Beach, Tennis Court(s)
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View
  • Pool: Yes

Utilities

  • Security: Manned Gate
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X,VE,AE,0.2 PCT ANNU
  • Parcel Number: 00093242-004400
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Mar 1, 2021
Sold by
Zwirlein Louis D and Rice Zwirlein Deborah
Bought by
Mclochlin Shannon and Shannon Mclochlin Family Trust
Seller's Agent
Kym Papp
Postcard Properties, Inc.
Buyer's Agent
Kym Papp
RE/MAX Keys Properties
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%
Current Estimated Value
$649,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,831
Avg. Annual Appreciation
8.47%

Purchase Details

Closed on
Nov 24, 2011
Sold by
Decastro Eduardo and De Castro Adriana G
Bought by
Zwirlein Louis D and Rice Zwirlein Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2004
Sold by
Lang Gale
Bought by
Decastro Eduardo and Decastro Adriana G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1992
Bought by
Zwirlein Louis D

Purchase Details

Closed on
May 1, 1989
Bought by
Zwirlein Louis D

Purchase Details

Closed on
Aug 1, 1980
Bought by
Zwirlein Louis D
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 Buyer Sale Price Title Company
Mclochlin Shannon $450,000 Sunshine Title Of Keys Inc
Zwirlein Louis D $302,600 Attorney
Decastro Eduardo $412,300 --
Zwirlein Louis D $121,900 --
Zwirlein Louis D $93,000 --
Zwirlein Louis D $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zwirlein Louis D $193,000
Previous Owner Zwirlein Louis D $226,000
Previous Owner Decastro Eduardo $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $450,000 -4.1% $332 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $469,000 -- $346 / 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 $5,051 $547,439 -- $547,439
2023 $5,051 $529,396 $0 $529,396
2022 $4,560 $439,727 $0 $439,727
2021 $3,642 $323,695 $0 $323,695
2020 $2,106 $204,645 $0 $204,645
2019 $2,091 $200,044 $0 $200,044
2018 $2,050 $196,315 $0 $0
2017 $2,338 $229,386 $0 $0
2016 $2,030 $188,324 $0 $0
2015 $1,990 $187,015 $0 $0
2014 $1,994 $185,531 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594944

Florida Keys Board of REALTORS®

APN: 00093242-004400