NOT LISTED FOR SALE

87465 Old Hwy Unit 111 Islamorada, FL 33036

Estimated Value: $420,737 - $479,000

2 Beds
2 Baths
976 Sq Ft
$607/mo HOA Fee

Last Sold March 12, 2021

Last sale price $319,000 $327 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,404/month

4 Days on Market

Highlights

  • Ocean Front
  • Steam Room
  • Clubhouse
  • Plantation Key School Rated A-
  • Heated In Ground Pool
  • 1-minute walk to Indian Key

About This Home

As of March 2021

Plantation by the Sea Condominium - A highly desirable, ocean-front complex centrally located on Plantation Key. This unit features 2 bedrooms and 2 full, updated bathrooms. Open floor plan with ocean views from the front door. The complex offers a heated pool, large fishing pier, club house/game room, sauna and gym. All with fabulous views of the ocean. Covered parking space and large, ground level storage room is also included. Founders Park is a half mile away and is free to Village of Islamorada residents. Bay front sandy beach, walking trails, ball fields, play grounds, tennis courts,dog park, marina and boat ramp...lots of activities for everyone.

Last Agent to Sell the Property

Ashley Lindmar, Realtor

Coldwell Banker Schmitt Islamorada License #3158973 Listed on: 01/08/2021

Coldwell Banker Schmitt Islamorada

Last Buyer's Agent

Ashley Lindmar, Realtor

Moorings Realty, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,853

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 2

HOA Fees

  • $607 Monthly HOA Fees

Interior Spaces

  • 976 Sq Ft Home
  • Storage
  • Laundry Room
  • Steam Room
  • Home Gym
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Covered Parking
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Heated In Ground Pool
  • Deck

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 00415160-001100

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Bike Trail

Pet Policy

  • Pet Restriction: 1 20lb

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,853

Year Built

Built in 1977 | Remodeled

Lot Details

0

HOA Fees

$607 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 607.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Dockage Dock: Other
  • Fee Includes: Bldg Exterior Mnt, Water, Exterminating, Common Area Mnt, Building Insurance
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 87.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths, Clubhouse, Community Pool
  • Pets W Restrictions: 1 20lb
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2853.30
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Off Street Parking, Guest Parking, Covered Parking
  • Year Built: 1977
  • Alternate Key Number: 1510700
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 976.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Range, Oven, Microwave
  • Specialty Rooms: Gym, Other, Sauna/Steam Room, Laundry Room
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: No
  • Parcel Number: 00415160-001100
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable, Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Mar 12, 2021
Sold by
Hornik Kathryn K and Hornik Joshua Frances
Bought by
Zeinert Andrew and Zeinert Sharon
Seller's Agent
Ashley Lindmar, Realtor
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Ashley Lindmar, Realtor
Moorings Realty, Inc
List Price
$319,000
Sold Price
$319,000
Current Estimated Value
$458,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,934
Avg. Annual Appreciation
7.70%
Original Mortgage
$287,100
Outstanding Balance
$258,532
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$187,298

Purchase Details

Closed on
May 9, 2019
Sold by
Kathryn Hornik
Bought by
Hornik Kathryn and Hornik Joshua

Purchase Details

Closed on
Aug 10, 2017
Sold by
Shafer Rachel A
Bought by
Hornik Kathryan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2007
Sold by
Burgreen Justin M
Bought by
Shafer Graham and Shafer Rachel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,800
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2004
Bought by
Shafer Graham and Shafer Rachel

Purchase Details

Closed on
Dec 6, 2002
Sold by
Burgreen Michael D and Burgreen Denise
Bought by
Burgreen Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
5.92%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 16, 2001
Sold by
Wharton K Burgreen I
Bought by
Burgreen Michael D and Burgreen Denise A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.19%

Purchase Details

Closed on
Jan 26, 1999
Sold by
Zeisler Paul J
Bought by
Burgreen Wharton K

Purchase Details

Closed on
Jun 1, 1991
Bought by
Shafer Graham and Shafer Rachel

Purchase Details

Closed on
May 1, 1978
Bought by
Shafer Graham and Shafer Rachel
Source: Public Records

Range of Values:

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Average Value
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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
Zeinert Andrew $319,000 Florida Title Of The Keys
Hornik Kathryn $100 None Listed On Document
Homik Kathryn -- Attorney
Hornik Kathryn $100 None Listed On Document
Hornik Kathryan K $280,000 Coastal Title & Closing Svcs
Shafer Graham $346,000 Dba Florida Title Of The Key
Shafer Graham $225,000 --
Burgreen Michael -- --
Burgreen Michael D $70,000 --
Burgreen Wharton K $83,500 --
Shafer Graham $91,000 --
Shafer Graham $30,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeinert Andrew $287,100
Previous Owner Hornik Kathryan K $252,000
Previous Owner Shafer Rahcel A $241,900
Previous Owner Shafer Graham $276,800
Previous Owner Burgreen Justin M $100,000
Previous Owner Burgreen Justin M $22,500
Previous Owner Burgreen Michael $15,000
Previous Owner Burgreen Wharton K $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $319,000 0.0% $327 / Sq Ft
01/08/2021 01/08/21 For Sale $319,000 -- $327 / 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 $4,214 $409,369 -- $409,369
2023 $4,214 $409,369 $0 $409,369
2022 $3,902 $368,646 $0 $368,646
2021 $2,857 $242,783 $0 $242,783
2020 $2,928 $249,055 $0 $249,055
2019 $2,853 $236,511 $0 $236,511
2018 $2,845 $236,511 $0 $0
2017 $2,274 $198,814 $0 $0
2016 $2,243 $189,575 $0 $0
2015 $2,050 $169,730 $0 $0
2014 $1,842 $130,074 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Ashley Lindmar, Realtor

    Coldwell Banker Schmitt Islamorada

    (305) 394-2815

    24 in this area

    44 Total Sales

    Ashley Lindmar, Realtor
    Section Image

  • A

    Buyer's Agent in 2021

    Ashley Lindmar &

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594036

Florida Keys Board of REALTORS®

APN: 00415160-001100

Florida Monroe County Islamorada 33036

87465 Old Hwy Unit 111, Islamorada, FL

This home is located at 87465 Old Hwy Unit 111, Islamorada, FL 33036 since 08 January 2021 and is currently estimated at $458,934, approximately $470 per square foot. This property was built in 1977. 87465 Old Hwy Unit 111 is a home located in Monroe County with nearby schools including Plantation Key School, Coral Shores High School, and Treasure Village Montessori Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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