$590,000
$85K PRICE DROP

87200 Overseas Hwy Unit S-8 Islamorada, FL 33036

Estimated payment $4,914/month

Total Views 9,489
2 Beds
2 Baths
1,365 Sq Ft
$432 Price per Sq Ft

Highlights

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

About This Home

No spiral stairs here! They have been replaced and it's so much easier to walk up the stairs. This townhome is located by one of the tennis/pickleball courts and has a very nice open lanai with a cantilever umbrella to provide shade on those beautiful sunshiney Florida Keys days. The kitchen has stainless appliances and the washer and dryer are full size stackers. Both baths have been updated and the downstairs provides a second full bath. The on demand hot water heater guarantees that you'll never run out of hot water. A new larger dock has been completed and provides for additional dockage. Other amenities include a large pool, 2 tennis/pickleball courts, community room, sandy beach, kayak and paddleboard storage. Come and enjoy the Executive Bay lifestyle! This townhome has been gently rented and had net rental income of $22,000 in 2023. Rentals began in 2022.

Listing Agent

Alina Davis

Coldwell Banker Schmitt Islamorada License #3216995 Listed on: 04/16/2024

Coldwell Banker Schmitt Islamorada

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,807

Year Built

  • Built in 1980 | Remodeled

Lot Details

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

HOA Fees

  • $1,300 Monthly HOA Fees

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 1,365 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Storage
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 4 Parking Spaces
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00093241-005400

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pet Restriction: 2 any size

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Complete Accordion Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,807

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$1,300 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 3900.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Wood
  • Document Count: 1
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Exterminating
  • 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, Manager on Premises, Tennis Courts, Clubhouse, Community Dockage
  • Pets W Restrictions: 2 any size
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3806.54
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Off Street Parking, Guest Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1980
  • Alternate Key Number: 8498624
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1365.00
  • 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, Built-in Cabinets, Walk-in Closet(s), Storage, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors, Aluminum Windows
  • Total Bedrooms: 2

Exterior Features

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

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X,VE,AE,0.2 PCT ANNU
  • Parcel Number: 00093241-005400
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 199.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,807 $527,390 -- $527,390
2023 $3,807 $454,501 $0 $454,501
2022 $3,431 $375,355 $0 $375,355
2021 $3,052 $262,343 $0 $262,343
2020 $3,029 $258,814 $0 $258,814
2019 $3,186 $269,564 $0 $269,564
2018 $2,893 $240,673 $0 $0
2017 $2,852 $255,573 $0 $0
2016 $2,748 $225,568 $0 $0
2015 $2,467 $193,372 $0 $0
2014 $2,491 $193,372 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Price Changed $590,000 -0.7% $432 / Sq Ft
04/14/2025 04/14/25 Price Changed $594,000 -0.8% $435 / Sq Ft
12/30/2024 12/30/24 Price Changed $599,000 -5.7% $439 / Sq Ft
10/19/2024 10/19/24 Price Changed $635,000 -1.6% $465 / Sq Ft
08/21/2024 08/21/24 Price Changed $645,000 -0.8% $473 / Sq Ft
05/01/2024 05/01/24 Price Changed $650,000 -3.7% $476 / Sq Ft
04/16/2024 04/16/24 For Sale $675,000 +114.3% $495 / Sq Ft
05/31/2018 05/31/18 Sold $315,000 -4.5% $231 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
12/04/2017 12/04/17 For Sale $330,000 -- $242 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $315,000 None Listed On Document
Warranty Deed $315,000 None Listed On Document
Warranty Deed $88,500 --
Warranty Deed $72,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $252,000 New Conventional
Closed $252,000 New Conventional
Source: Public Records

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Source: Florida Keys Board of REALTORS®

MLS Number: 609625

Florida Keys Board of REALTORS®

APN: 00093241-005400