NOT LISTED FOR SALE

87851 Old Hwy Unit K35 Islamorada, FL 33036

Estimated Value: $989,353 - $1,173,000

2 Beds
2 Baths
1,536 Sq Ft
$1,285/mo HOA Fee

Last Sold January 29, 2021

Last sale price $695,000 $452 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,741/month

86 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • Beach
  • Plantation Key School Rated A-
  • Assigned Dock
  • 1-minute walk to Indian Key

About This Home

As of January 2021

Expansive oceanviews from this 2 bedroom 2 bath third floor unit. Open dining room and living room flows right into the patio which is glass enclosed. Master bedroom has beautiful views of the ocean and the meticulously maintained grounds. Private 12 acre complex includes heated pool, spa, nice sunning beach, tiki huts, lighted tennis courts and covered parking. The oceanfront complex boosts a roomy meeting room and gym. The unit also includes a 30' boat slip.

Last Agent to Sell the Property

Sue Baker-Batsford

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #0664312 Listed on: 10/30/2020

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

Eric Rizzo

Ocean Sotheby's International Realty License #3347022

Ocean Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,440

Year Built

  • Built in 1989

Lot Details

  • Ocean Front
  • Sandy Beach
  • Fenced

HOA Fees

  • $1,285 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Concrete Roof
  • Metal Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Storage
  • Home Gym
  • Tile Flooring
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

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

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Boat Slip
  • Assigned Dock
  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00415140-000165

Community Details

Overview

  • Association fees include bldg exterior mnt, sewer, exterminating, building insurance, common area mnt
  • 68 Units
  • Ocean Harbor Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Restriction: 2

Security

  • Resident Manager or Management On Site
  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,440

Year Built

Built in 1989

Lot Details

0

HOA Fees

$1,285 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 1285.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Dockage Dock Length: 30
  • Fee Includes: Bldg Exterior Mnt, Sewer, Exterminating, Building Insurance, Common Area Mnt
  • Handicap Access: Yes
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 87.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Fire Hydrant, Tennis Courts, Spa, Manager on Premises, Clubhouse, Community Pool, Community Dockage, Community Boat Ramp, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Pets W Restrictions: 2
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5440.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Trailer Storage, Off Street Parking, Guest Parking, Covered Parking
  • Year Built: 1989
  • Alternate Key Number: 8764171
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: In Ground
  • Porch Balcony: Patio, Windowed P/B
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1536.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Storage, Split Bedroom, Elevator
  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Microwave, Range, Oven, Freezer, Dryer
  • Floor: Tile
  • Specialty Rooms: Gym
  • Windows/Doors: Impact Rstnce Doors, Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Assigned Dock, Boat Slip
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Combo Construction
  • Exterior Features: Chickee Hut, Storage, Tennis Court(s), Sandy Beach, Hot Tub, Lighting, Fencing
  • Roof: Combo Roof, Metal Roof, Concrete Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Cable Available, Water Separate Meter, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Yes
  • Parcel Number: 00415140-000165
  • Land Size: 10 or more Acres
  • Acres: 12.00

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Jan 29, 2021
Sold by
Patti Thomas S and Patti Patricia C
Bought by
Gosciminski Mark J and Gosciminski Lee B
Seller's Agent
Sue Baker-Batsford
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Eric Rizzo
Ocean Sotheby's International Realty
List Price
$725,000
Sold Price
$695,000
Premium/Discount to List
-$30,000
-4.14%
Current Estimated Value
$1,095,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,588
Avg. Annual Appreciation
11.53%
Original Mortgage
$521,250
Outstanding Balance
$467,026
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$683,707

Purchase Details

Closed on
Apr 9, 2020
Sold by
Thompson Chris A and Thompson Kathryn S
Bought by
Patti Thomas S and Patti Patricia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2013
Closed on
May 1, 2014
Sold by
Miller Sheryl Rae and Miller Timothy
Bought by
Thompson Chris A and Thompson Kathryn S
Seller's Agent
Tracy Larson
Century 21 BE3
Buyer's Agent
Kathe Kaile
Still Water Properties
List Price
$689,000
Sold Price
$545,000
Premium/Discount to List
-$144,000
-20.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%

Purchase Details

Closed on
Apr 19, 2011
Sold by
Wc Ventures Llc
Bought by
Miller Sheryl Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2005
Sold by
Friday Homes Inc
Bought by
Wc Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2005
Bought by
Thompson Chris A and Thompson Kathryn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2004
Sold by
Monteith Howard and Monteith Muriel
Bought by
Friday Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
6.19%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 4, 2002
Bought by
Thompson Chris A and Thompson Kathryn S

Purchase Details

Closed on
Apr 21, 1999
Sold by
Johnson Quwanda S
Bought by
Puhst Klaus J and Puhst Sigrid K

Purchase Details

Closed on
Apr 9, 1999
Bought by
Thompson Chris A and Thompson Kathryn S

Purchase Details

Closed on
Sep 24, 1993
Sold by
Ocean Harbour Islamorada Inc
Bought by
Malone Joseph A and Malone Quwanda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
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
Gosciminski Mark J $695,000 Florida Title Of The Keys
Patti Thomas S $625,000 Coral Reef Title Company
Thompson Chris A $545,000 Attorney
Miller Sheryl Rae $594,000 Sunshine Title Of The Keys I
Wc Ventures Llc $1,150,000 --
Thompson Chris A $1,115,000 --
Friday Homes Inc $900,000 --
Thompson Chris A $490,000 --
Puhst Klaus J $400,000 --
Johnson Quwanda S $100 --
Thompson Chris A $400,000 --
Malone Joseph A $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gosciminski Mark J $521,250
Previous Owner Patti Thomas S $375,000
Previous Owner Miller Sheryl Rae $411,000
Previous Owner Wc Ventures Llc $1,658,000
Previous Owner Wc Ventures Llc $3,000,000
Previous Owner Friday Homes Inc $688,000
Previous Owner Johnson Quwanda S $225,632
Previous Owner Johnson Quwanda S $60,000
Previous Owner Malone Joseph A $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $695,000 -4.1% $452 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
10/30/2020 10/30/20 For Sale $725,000 +33.0% $472 / Sq Ft
05/01/2014 05/01/14 Sold $545,000 -20.9% $355 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
11/14/2013 11/14/13 For Sale $689,000 -- $449 / 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 $7,425 $925,219 -- $925,219
2023 $7,425 $854,098 $0 $854,098
2022 $6,581 $687,810 $0 $687,810
2021 $5,536 $546,961 $0 $546,961
2020 $5,394 $529,848 $0 $529,848
2019 $5,439 $523,786 $0 $523,786
2018 $5,023 $483,260 $0 $0
2017 $5,332 $525,435 $0 $0
2016 $5,482 $509,246 $0 $0
2015 $5,381 $509,294 $0 $0
2014 $5,825 $546,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sue Baker-Batsford

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    (305) 394-8084

    17 in this area

    18 Total Sales

    Sue Baker-Batsford
    Section Image
  • Eric Rizzo

    Buyer's Agent in 2021

    Eric Rizzo

    Ocean Sotheby's International Realty

    (305) 394-3062

    39 in this area

    54 Total Sales

    Eric Rizzo
    Section Image
  • Tracy Larson

    Seller's Agent in 2014

    Tracy Larson

    Century 21 BE3

    (305) 522-3812

    2 in this area

    5 Total Sales

    Tracy Larson
    Section Image
  • Eric Johnson

    Seller Co-Listing Agent in 2014

    Eric Johnson

    Century 21 Circle- Islamorada

    (305) 451-0601

    6 in this area

    9 Total Sales

    Eric Johnson
    Section Image
  • Kathe Kaile

    Buyer's Agent in 2014

    Kathe Kaile

    Still Water Properties

    (305) 600-7252

    4 in this area

    28 Total Sales

    Kathe Kaile
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593197

Florida Keys Board of REALTORS®

APN: 00415140-000165

Florida Monroe County Islamorada 33036

87851 Old Hwy Unit K35, Islamorada, FL

This home is located at 87851 Old Hwy Unit K35, Islamorada, FL 33036 since 30 October 2020 and is currently estimated at $1,095,588, approximately $713 per square foot. This property was built in 1989. 87851 Old Hwy Unit K35 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.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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