87465 Old Hwy Unit 223 Islamorada, FL 33036
2
Beds
1.5
Baths
1,041
Sq Ft
$756/mo
HOA Fee
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 2025Buyers' were unable to sell their home so here's your Great Opportunity to own in Islamorada! This two bedroom, 1.5 bath townhome is only 3 in from the ocean and offers partial views. The front and back balconies have been pushed out making the unit more spacious. Fully furnished and ready for new owners. Plantation By The Sea, with 200' on the Atlantic Ocean is a gated community which offers a large clubhouse with kitchen, ping pong table, pool table, and entertaining area, an oceanfront pool and sunning area, poolside restrooms, BBQ area, Kayak and Canoe storage, updated workout room, sauna, covered parking, outside storage closet and friendly neighbors! Close to Founders Park and lots of great restaurants. Monthly fees are among the lowest in the area, and no upcoming assessments. Brand new water heater and upgraded electric. Easy to show!
Last Agent to Sell the Property
Coldwell Banker Schmitt Islamorada License #697588 Listed on: 06/09/2023
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,797
Year Built
- Built in 1977
Lot Details
- Ocean Front
- Fenced
HOA Fees
- $756 Monthly HOA Fees
Home Design
- Concrete Roof
Interior Spaces
- 1,041 Sq Ft Home
- Furnished
- Ceiling Fan
- Steam Room
- Home Gym
- Ocean Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Home Security
Parking
- Covered Parking
- Electric Gate
- Guest Parking
- Assigned Parking
Pool
- Heated In Ground Pool
- Pool Deck
Outdoor Features
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Separate Meters
- Public Hookup Available For Sewer
Listing and Financial Details
- Minimum Rental Period: 28
- Assessor Parcel Number 00415160-003700
Community Details
Overview
- Association fees include sewer, common area mnt, building insurance, bldg exterior mnt, water, exterminating
- 81 Units
- Plant By The Sea Subdivision
- The community has rules related to deed restrictions
- Rental Restrictions
Amenities
- Clubhouse
Recreation
- Community Pool
Pet Policy
- Pet Restriction: 1 Under 20 #'s
Security
- Complete Accordion Shutters
- Impact Glass
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2023
Closed on
Mar 3, 2025
Sold by
Roberts Edward G
Bought by
Simikian Charles David
Seller's Agent
Susan Ashmore
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Andree Riley
LoKation Real Estate
List Price
$519,000
Sold Price
$340,000
Premium/Discount to List
-$179,000
-34.49%
Views
536
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,266
Avg. Annual Appreciation
59.40%
Original Mortgage
$323,000
Outstanding Balance
$321,921
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$105,345
Purchase Details
Listed on
Aug 15, 2013
Closed on
Mar 14, 2014
Sold by
Davis Linda L
Bought by
Roberts Edward G
Seller's Agent
Lisa Frins
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Becky Newman
Better Homes and Gardens Real Estate Destinations
List Price
$189,000
Sold Price
$160,000
Premium/Discount to List
-$29,000
-15.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$144,000
Interest Rate
4.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 25, 2013
Bought by
Roberts Edward G
Purchase Details
Closed on
Mar 8, 2012
Sold by
Monroe David L and Monroe Brenda
Bought by
Monroe David L and Monroe Brenda
Purchase Details
Closed on
May 1, 1978
Bought by
Roberts Edward G
Similar Home in Islamorada, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $340,000 | None Listed On Document | |
| Warranty Deed | $340,000 | None Listed On Document | |
| Personal Reps Deed | $160,000 | Attorney | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $30,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $323,000 | New Conventional | |
| Closed | $323,000 | New Conventional | |
| Previous Owner | $144,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | Sold | $340,000 | -5.6% | $327 / Sq Ft |
| 12/11/2024 12/11/24 | Price Changed | $360,000 | -6.6% | $346 / Sq Ft |
| 07/26/2024 07/26/24 | Price Changed | $385,500 | -3.0% | $370 / Sq Ft |
| 06/03/2024 06/03/24 | Price Changed | $397,500 | -0.4% | $382 / Sq Ft |
| 04/06/2024 04/06/24 | Price Changed | $399,000 | -4.9% | $383 / Sq Ft |
| 03/06/2024 03/06/24 | Price Changed | $419,500 | -2.3% | $403 / Sq Ft |
| 02/25/2024 02/25/24 | Price Changed | $429,500 | -3.3% | $413 / Sq Ft |
| 01/02/2024 01/02/24 | Price Changed | $444,000 | -1.1% | $427 / Sq Ft |
| 11/01/2023 11/01/23 | Price Changed | $449,000 | -3.2% | $431 / Sq Ft |
| 09/09/2023 09/09/23 | Price Changed | $464,000 | -2.1% | $446 / Sq Ft |
| 08/30/2023 08/30/23 | Price Changed | $474,000 | -3.1% | $455 / Sq Ft |
| 08/05/2023 08/05/23 | Price Changed | $489,000 | -2.0% | $470 / Sq Ft |
| 07/14/2023 07/14/23 | Price Changed | $499,000 | -3.9% | $479 / Sq Ft |
| 06/09/2023 06/09/23 | For Sale | $519,000 | +224.4% | $499 / Sq Ft |
| 04/28/2014 04/28/14 | Sold | $160,000 | -15.3% | $163 / Sq Ft |
| 01/07/2014 01/07/14 | Pending | -- | -- | -- |
| 08/15/2013 08/15/13 | For Sale | $189,000 | -- | $193 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History Compared to Growth
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 | $3,872 | $423,459 | -- | -- |
| 2023 | $3,872 | $411,126 | $0 | $0 |
| 2022 | $3,797 | $399,152 | $0 | $399,152 |
| 2021 | $2,849 | $242,000 | $0 | $242,000 |
| 2020 | $2,917 | $247,929 | $0 | $247,929 |
| 2019 | $2,849 | $236,071 | $0 | $236,071 |
| 2018 | $2,772 | $236,071 | $0 | $0 |
| 2017 | $2,493 | $204,863 | $0 | $0 |
| 2016 | $2,521 | $195,583 | $0 | $0 |
| 2015 | $2,364 | $183,740 | $0 | $0 |
| 2014 | $1,846 | $130,473 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Ashmore
Seller's Agent in 2025
Susan Ashmore
Coldwell Banker Schmitt Islamorada
(305) 393-0214
12 in this area
29 Total Sales
-
Andree Riley
Buyer's Agent in 2025
Andree Riley
LoKation Real Estate
(313) 506-7476
7 in this area
41 Total Sales
-
Lisa Frins
Seller's Agent in 2014
Lisa Frins
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
(305) 522-1479
125 in this area
319 Total Sales
-
Becky Newman
B
Buyer's Agent in 2014
Becky Newman
Better Homes and Gardens Real Estate Destinations
(813) 480-7511
4 in this area
18 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 605629
APN: 00415160-003700
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