$545,000
SOLD MAY 1, 2014

87851 Old Hwy Unit K35 Islamorada, FL 33036

2 Beds
2 Baths
1,536 Sq Ft
$1,200/mo HOA Fee

Recently Sold

$355 Per Sq Ft

21% Below List Price

92 Days on Market

Highlights

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

About This Home

As of January 2021

Ocean Harbour, one of the most exclusive condominiums in Islamorada! Enjoy luxury condo living & spectacular ocean views surrounded by gorgeous tropical landscaping - this is truly an island paradise. This 2 BD / 2BA condo has endless views overlooking the pool, marina & Atlantic, and includes a 30' slip. On-site amenities include clubhouse, beach, marina, tennis, fitness room & much more.

Last Agent to Sell the Property

Tracy Larson

Century 21 BE3 License #599458 Listed on: 11/14/2013

Co-Listed By

Eric Johnson

Century 21 Circle- Islamorada License #0583430

Last Buyer's Agent

Kathe Kaile

Still Water Properties License #3242981

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,926

Year Built

  • Built in 1989

Lot Details

  • Ocean Front
  • Sandy Beach
  • Fenced

HOA Fees

  • $1,200 Monthly HOA Fees

Home Design

  • Concrete Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Single Hung Windows
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Electric Gate
  • Guest Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Pool

  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Boat Ramp
  • Boat Slip
  • Exterior Lighting
  • Tiki or Chickee Hut
  • Attached Grill

Utilities

  • Central Air
  • Separate Meters
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00415140-000165

Community Details

Overview

  • Association fees include bldg exterior mnt, security, sewer, building insurance, common area mnt, cable
  • 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

Pet Policy

  • Pet Restriction: YES

Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,926

Year Built

Built in 1989

Lot Details

0

HOA Fees

$1,200 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: 1200.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock Length: 35
  • Fee Includes: Bldg Exterior Mnt, Security, Sewer, Building Insurance, Common Area Mnt, Cable
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Plantation Key
  • Limited Representation: No
  • Mile Marker: 87.50
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Clubhouse, Tennis Courts, Spa, Fire Hydrant, Community Pool, Community Dockage, Community Boat Ramp
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4925.96
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Covered Parking, Guest Parking
  • Year Built: 1989
  • Alternate Key Number: 8764171
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: No Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 1536.00
  • Pre Wired: Cable
  • Sewer Hook Up: No
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Window Treatments, Walk-in Closet(s), Storage, Split Bedroom, Elevator
  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Disposal, Washer, Oven, Refrigerator, Range, Microwave, Dryer
  • Floor: Tile
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Basin, Boat Ramp, Boat Slip
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Combo Construction
  • Exterior Features: Built-in Grill, Sandy Beach, Tennis Court(s), Outdoor Shower, Fencing, Lighting, Hot Tub, Chickee Hut
  • Roof: Concrete Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Cable Available, FKAA, Elect Separate Meter, Community Swr Plant

Lot Info

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

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2012

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
$1,109,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,565
Avg. Annual Appreciation
11.75%
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
6.84%

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

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Range of Values:

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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 $695,000 Florida Title Of The Keys
Warranty Deed $625,000 Coral Reef Title Company
Warranty Deed $545,000 Attorney
Warranty Deed $594,000 Sunshine Title Of The Keys I
Warranty Deed $1,150,000 --
Warranty Deed $1,115,000 --
Warranty Deed $900,000 --
Warranty Deed $490,000 --
Warranty Deed $400,000 --
Quit Claim Deed $100 --
Warranty Deed $400,000 --
Deed $240,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $521,250 New Conventional
Previous Owner $375,000 New Conventional
Previous Owner $411,000 New Conventional
Previous Owner $1,658,000 Unknown
Previous Owner $3,000,000 Purchase Money Mortgage
Previous Owner $688,000 Balloon
Previous Owner $225,632 Credit Line Revolving
Previous Owner $60,000 Credit Line Revolving
Previous Owner $180,000 Purchase Money Mortgage
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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 562673

Florida Keys Board of REALTORS®

APN: 00415140-000165