$650,000
SOLD JUL 2, 2024

87200 Overseas Hwy Unit P4 Islamorada, FL 33036

2 Beds
3 Baths
1,353 Sq Ft
$1,310/mo HOA Fee

Recently Sold

$480 Per Sq Ft

10% Below List Price

123 Days on Market

Highlights

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

About This Home

As of July 2024

Beautifully updated Townhome with very private outdoor sitting area! This unit checks all of the boxes, granite stainless kitchen, THREE full baths, plantation shutters, walk in showers, jacuzzi tub, crown molding, subway tile, finished Loft can be used as third bedroom. Motivated Seller, Complex features Pool, clubhouse, tennis courts, sandy beach, dockage, pet friendly (2 pets any size) plus secure gated entrance! Located next door to Founders Park! When only the best will do! Truly a must see!

Last Agent to Sell the Property

Jan Keller

Coldwell Banker Schmitt Islamorada License #0670883 Listed on: 01/27/2024

Coldwell Banker Schmitt Islamorada

Co-Listed By

Charlotte Porter

Coldwell Banker Schmitt Islamorada License #3026666

Last Buyer's Agent

Vanessa J. Chamizo, Professional Agent

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,763

Year Built

  • Built in 1980 | Remodeled

Lot Details

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

HOA Fees

  • $1,310 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,353 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Loft
  • Storage
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Electric Gate
  • Guest Parking
  • Open Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • First Come-First Served Dock
  • Dock Facilities
  • Dock made with wood
  • Balcony
  • Patio

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00093243-005700

Community Details

Overview

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

Pet Policy

  • Pet Restriction: 2 any size

Security

  • Gated with Attendant
  • Complete Accordion Shutters

Recreation

  • Tennis Courts

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,763

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$1,310 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 3930.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Wood
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Exterminating, Sewer
  • 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
  • Pets W Restrictions: 2 any size
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4762.70
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Guest Parking
  • Year Built: 1980
  • Alternate Key Number: 8568134
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1353.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • 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, Split Bedroom
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Loft
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Dock Privileges, First Come Dock
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Sandy Beach, Tennis Court(s)
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate, Manned Gate
  • Utilities: Municipal Sewer, Elect Separate Meter, Cable Available, Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X,VE,AE,0.2 PCT ANNU
  • Parcel Number: 00093243-005700
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2024
Closed on
Jun 27, 2024
Sold by
Sitar Margaret
Bought by
Soto Martin and Soto Dayanara M
Seller's Agent
Jan Keller
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Vanessa J. Chamizo, Professional Agent
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$725,000
Sold Price
$650,000
Premium/Discount to List
-$75,000
-10.34%
Views
53
Current Estimated Value
$644,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,969
Avg. Annual Appreciation
0.78%
Original Mortgage
$487,500
Outstanding Balance
$483,833
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$171,707

Purchase Details

Listed on
Dec 31, 2018
Closed on
May 16, 2019
Sold by
Balint Michael K and Balint Lorna W
Bought by
Sitar Margaret
Seller's Agent
Michael Balint
Balint Properties, Inc.
Buyer's Agent
Kathe Kaile
Still Water Properties
List Price
$435,000
Sold Price
$420,000
Premium/Discount to List
-$15,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Oct 15, 2008
Sold by
Chittick Donald James and Chittick Patricia A
Bought by
Balint Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 1997
Sold by
Araneo Albert E and Araneo Victoria
Bought by
Chittick Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1997
Bought by
Balint Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1992
Bought by
Balint Michael K

Purchase Details

Closed on
Dec 1, 1986
Bought by
Balint Michael K

Purchase Details

Closed on
Mar 1, 1981
Bought by
Balint Michael K
Source: Public Records

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Range of Values:

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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 $650,000 None Listed On Document
Warranty Deed $420,000 Attorney
Warranty Deed $290,000 Attorney
Warranty Deed $110,000 --
Warranty Deed $110,000 --
Warranty Deed $82,000 --
Warranty Deed $70,000 --
Warranty Deed $79,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $487,500 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $218,000 New Conventional
Previous Owner $232,000 Purchase Money Mortgage
Previous Owner $43,500 Stand Alone Second
Previous Owner $40,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $650,000 -7.0% $480 / Sq Ft
03/22/2024 03/22/24 Price Changed $699,000 -3.6% $517 / Sq Ft
01/27/2024 01/27/24 For Sale $725,000 +72.6% $536 / Sq Ft
05/16/2019 05/16/19 Sold $420,000 -3.4% $310 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
12/31/2018 12/31/18 For Sale $435,000 -- $322 / 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 $4,763 $571,798 -- $571,798
2023 $4,763 $589,037 $0 $589,037
2022 $4,275 $485,741 $0 $485,741
2021 $3,780 $338,069 $0 $338,069
2020 $3,779 $336,498 $0 $336,498
2019 $3,660 $317,621 $0 $317,621
2018 $1,738 $164,636 $0 $0
2017 $1,683 $161,250 $0 $0
2016 $1,719 $157,934 $0 $0
2015 $1,688 $156,836 $0 $0
2014 $1,690 $155,591 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 608446

Florida Keys Board of REALTORS®

APN: 00093243-005700