$345,000
SOLD MAR 7, 2025

87455 Old Hwy Unit 118 Islamorada, FL 33036

2 Beds
2 Baths
980 Sq Ft
$716/mo HOA Fee

Recently Sold

$352 Per Sq Ft

16% Below List Price

119 Days on Market

Highlights

  • Ocean Front
  • Concrete Pool
  • Complete Accordion Shutters
  • Plantation Key School Rated A-
  • Furnished
  • 1-minute walk to Indian Key

About This Home

As of March 2025

This condominium unit at Plantation by the Sea features two bedrooms and two bathrooms, all conveniently situated on a single level. Included with this unit is covered parking, a ground-floor storage closet and is being sold furnished. As you make your way to the front door, you'll have the pleasure of enjoying a glimpse of the ocean. The unit has been meticulously maintained, with a newer AC, stove, and refrigerator installed in 2021/ 2022. Situated right along the oceanfront, this complex is conveniently positioned just off the Old Highway. The Old Highway makes commuting a breeze, letting you avoid most of US1 as you travel through Plantation Key without any hassles.The units provides an open concept living area with each bedroom having access to their own bathroom. The primary bedroom boasts its own ensuite, complete with double sinks in the bathroom and a walk-in closet. Both balconies have been enclosed to provide additional living space. The complex offers an array of amenities, including a fishing pier, clubhouse, pool, sauna, kayak and paddleboard storage, bicycle storage, and gated access. Additionally, it's less than a mile away from Founder's Park, which features an Olympic-sized swimming pool, tennis and pickleball courts, a boat ramp, marina, beach, ball fields, outdoor exercise gym, and a walking course.

Last Agent to Sell the Property

Claire Johnson

Coastal Realty of the Florida Keys License #3046906 Listed on: 11/07/2024

Coastal Realty of the Florida Keys

Last Buyer's Agent

Alina Davis

Coldwell Banker Schmitt Islamorada License #3216995

Coldwell Banker Schmitt Islamorada

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,096

Year Built

  • Built in 1977

Lot Details

  • Ocean Front

HOA Fees

  • $716 Monthly HOA Fees

Home Design

  • Concrete Roof

Interior Spaces

  • 980 Sq Ft Home
  • Furnished

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Covered Parking
  • Electric Gate
  • Guest Parking

Pool

  • Concrete Pool
  • In Ground Pool

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00415160-004600

Community Details

Overview

  • Association fees include sewer, common area mnt, building insurance, bldg exterior mnt, water
  • Plant By The Sea Subdivision
  • Rental Restrictions

Pet Policy

  • Pet Restriction: 1 - 20lbs

Security

  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,096

Year Built

Built in 1977

Lot Details

0

HOA Fees

$716 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 716.02
  • Mandatory HOA: Yes
  • Fee Includes: Sewer, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 87.50
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: 1 - 20lbs
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3095.52
  • Title: Title Ins - Buyer
  • Vehicle Storage: Guest Parking, Covered Parking
  • Year Built: 1977
  • Alternate Key Number: 1511056
  • Cooling Heating: Central Air
  • Pool Info: In Ground, Concrete
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 980.00
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Floor: Tile, Carpet
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Concrete Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,VE
  • Parcel Number: 00415160-004600
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Mar 7, 2025
Sold by
Boonenberg Mary Ellen and Boonenberg Louis W
Bought by
Shph Trust and Perham
Seller's Agent
Claire Johnson
Coastal Realty of the Florida Keys
Buyer's Agent
Alina Davis
Coldwell Banker Schmitt Islamorada
List Price
$410,000
Sold Price
$345,000
Premium/Discount to List
-$65,000
-15.85%
Views
90
Current Estimated Value
$362,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,898
Avg. Annual Appreciation
11.11%

Purchase Details

Closed on
Jul 29, 1999
Sold by
Dove Robert L and Dove Davee R
Bought by
Boonenberg Louis W and Boonenberg Mary E

Purchase Details

Closed on
Apr 1, 1978
Bought by
Boonenberg Living Trust 1/15/1992
Source: Public Records

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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 $345,000 Coral Reef Title
Warranty Deed $345,000 Coral Reef Title
Warranty Deed $237,857 --
Deed $29,700 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold $345,000 -11.5% $352 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/11/2025 02/11/25 Price Changed $390,000 -4.9% $398 / Sq Ft
11/07/2024 11/07/24 For Sale $410,000 -- $418 / 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 $3,096 $366,023 -- $366,023
2023 $3,096 $366,023 $0 $366,023
2022 $2,880 $329,707 $0 $329,707
2021 $2,469 $202,452 $0 $202,452
2020 $2,527 $207,640 $0 $207,640
2019 $2,466 $197,265 $0 $197,265
2018 $2,415 $197,265 $0 $0
2017 $2,245 $190,187 $0 $0
2016 $2,214 $181,356 $0 $0
2015 $2,024 $162,365 $0 $0
2014 $1,842 $130,074 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 612143

Florida Keys Board of REALTORS®

APN: 00415160-004600