NOT LISTED FOR SALE

87851 Old Hwy Unit K36 Islamorada, FL 33036

Estimated Value: $1,122,000 - $1,436,927

3 Beds
2 Baths
1,813 Sq Ft
$2,047/mo HOA Fee

Last Sold February 20, 2025

Last sale price $1,400,000 $772 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $10,036/month

66 Days on Market

Highlights

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

About This Home

As of February 2025

Resort-Style Living at Ocean Harbour in Islamorada Welcome to this exceptional end-unit condo at Ocean Harbour, where resort-style living meets the serene beauty of Florida's coastline. Upon entering through the gated entry, you're greeted by lush, tropically landscaped grounds that lead you to your stunning, updated home. This unit offers a coveted location with a storage room conveniently situated just outside the front door. Inside, the spacious 3-bedroom, 2-bath condo has been tastefully updated, featuring a well-appointed large kitchen perfect for both casual entertaining and preparing special meals to enjoy on your oceanfront screened terrace. The desirable split floor plan includes a luxurious primary suite with oceanfront views, an en-suite bath with a spa-like feel, and a walk-in closet. Across the living room, you'll find two additional bedrooms and a second full bath. One of these bedrooms offers sweeping oceanfront views, while the other enjoys its own private balcony--perfect for morning coffee or evening starlight. Set on over 12 acres of meticulously maintained tropical landscaping, the Ocean Harbour community offers unparalleled amenities, including a marina, tennis and pickleball courts, clubhouse, gym, tiki bar with BBQ, car charging station, trailer storage, and more. Ocean Harbour is known as the premier address in Islamorada, offering its residents luxurious living in one of the most coveted locations in the Florida Keys. Rental boat slips are readily available in the marina. The condo comes furnished with the exception of artwork and a couple of items which are marked.

Last Agent to Sell the Property

Cynthia Hughes

Ocean Sotheby's International Realty License #3105145 Listed on: 12/10/2024

Ocean Sotheby's International Realty

Last Buyer's Agent

Carolyn Ambler

American Caribbean Real Estate, Christie's International Real Estate License #3074981

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,365

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • Ocean Front
  • Sprinkler System

HOA Fees

  • $2,047 Monthly HOA Fees

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,813 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Marble Flooring
  • Ocean Views
  • Dryer

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

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

Home Security

Parking

  • Covered Parking
  • Electric Gate
  • Guest Parking
  • Open Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible
  • Accessible Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa
  • Pool Deck

Outdoor Features

  • Boat Ramp
  • Dock Facilities
  • Screened Balcony
  • Screened Patio
  • Outdoor Storage
  • Tiki or Chickee Hut
  • Attached Grill

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00415140-000166

Community Details

Overview

  • Association fees include bldg exterior mnt, security, common area mnt
  • Ocean Harbor Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pet Restriction: 2

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,365

Year Built

Built in 1989 | Remodeled

Lot Details

0

HOA Fees

$2,047 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 6142.00
  • Mandatory HOA: Yes
  • Control Depth: 5
  • Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt
  • Handicap Access: Yes
  • 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
  • Neighborhood Feature: Community Pool, Spa, Beach, Manager on Premises, Tennis Courts, Clubhouse, Community Boat Ramp, Community Dockage
  • Off Shore Island: No
  • Pets W Restrictions: 2
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 7364.76
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Trailer Storage, Covered Parking, Guest Parking
  • Year Built: 1989
  • Alternate Key Number: 8764189
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Screened P/B, Screened Patio
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 1813.00
  • Pool Info Other Surroundings: spa
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Walk-in Closet(s), Smoke Alarms, Granite Counter Top, Split Bedroom
  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Wine Cooler, Disposal, Microwave, Range, Refrigerator, Dishwasher
  • Floor: Marble
  • Specialty Rooms: Other
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3
  • Accessibility Features: Accessible Elevator Installed, Parking

Exterior Features

  • Dockage: Dock Privileges, Other Dockage, Boat Ramp
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Built-in Grill, Tennis Court(s), Storage, Sprinkler System, Hot Tub, Chickee Hut
  • Roof: Concrete Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Municipal Sewer
  • Heating: Central, Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,VE,VE,VE,0.
  • Parcel Number: 00415140-000166
  • Land Size: 10 or more 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
Dec 10, 2024
Closed on
Feb 20, 2025
Sold by
Garlich Greg A and Greg A Garlich Revocable Living Trust
Bought by
Jane R Purcell Revocable Trust and Purcell
Seller's Agent
Cynthia Hughes
Ocean Sotheby's International Realty
Buyer's Agent
Carolyn Ambler
American Caribbean Real Estate, Christie's International Real Estate
List Price
$1,495,000
Sold Price
$1,400,000
Premium/Discount to List
-$95,000
-6.35%
Views
19
Current Estimated Value
$1,331,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,518
Avg. Annual Appreciation
-12.68%

Purchase Details

Listed on
Apr 21, 2016
Closed on
Dec 19, 2016
Sold by
Md Energy Holdings Llc
Bought by
Greg A Garlich Revocable Living Trust
Seller's Agent
TEAM Walters Gloria, Rachel and Michae
Ocean Sotheby's International Realty
Buyer's Agent
Cynthia Hughes
Ocean Sotheby's International Realty
List Price
$1,250,000
Sold Price
$1,040,000
Premium/Discount to List
-$210,000
-16.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%

Purchase Details

Closed on
Mar 26, 2014
Sold by
Winston Harry L and Winston Joan F
Bought by
Md Energy Holdings Llc

Purchase Details

Closed on
Aug 30, 2004
Sold by
Winston Harry L and Winston Joan F
Bought by
Winston Harry L and Winston Joan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 11, 2003
Bought by
Md Energy Holdings Llc

Purchase Details

Closed on
Oct 1, 1992
Bought by
Md Energy Holdings Llc
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
Jane R Purcell Revocable Trust $1,400,000 None Listed On Document
Greg A Garlich Revocable Living Trust $104,000 Coral Reef Title Co
Md Energy Holdings Llc $695,000 Attorney
Winston Harry L -- U S Title & Escrow Inc
Md Energy Holdings Llc $760,000 --
Md Energy Holdings Llc $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Winston Harry L $500,000
Previous Owner Winston Harry L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Sold $1,400,000 -6.4% $772 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
12/10/2024 12/10/24 For Sale $1,495,000 +43.8% $825 / Sq Ft
12/20/2016 12/20/16 Sold $1,040,000 -16.8% $574 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $1,250,000 -- $689 / 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 $7,365 $818,704 -- --
2023 $7,365 $794,859 $0 $0
2022 $7,222 $771,708 $0 $0
2021 $7,339 $749,232 $0 $749,232
2020 $7,511 $722,405 $0 $722,405
2019 $7,556 $712,524 $0 $712,524
2018 $7,163 $674,909 $0 $0
2017 $7,671 $741,844 $0 $0
2016 $6,378 $575,209 $0 $0
2015 $5,726 $518,191 $0 $0
2014 $6,776 $615,222 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 612635

Florida Keys Board of REALTORS®

APN: 00415140-000166