$1,040,000
SOLD DEC 20, 2016

87851 Old Hwy Unit K36 Islamorada, FL 33036

3 Beds
2 Baths
1,813 Sq Ft
$1,300/mo HOA Fee

Recently Sold

$574 Per Sq Ft

17% Below List Price

211 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

Luxurious new Ocean front and completely remodeled Ocean Harbor 3 bedroom, 2 bath home has all of the amenities and upgrades. As you enter this Ocean Front condo, you'll find marble floors, impact windows and doors, custom window treatments, crown molding and recessed lighting. Chefs will enjoy the SS kitchen, granite island and bar area, wine chiller and ocean views with this open floor plan.

Last Agent to Sell the Property

TEAM Walters Gloria, Rachel and Michae

Ocean Sotheby's International Realty License #0662034 Listed on: 04/21/2016

Last Buyer's Agent

Cynthia Hughes

Ocean Sotheby's International Realty License #3105145

Ocean Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,726

Year Built

  • Built in 1989

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $1,300 Monthly HOA Fees

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,813 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Bar
  • Tray Ceiling
  • Blinds
  • Marble Flooring
  • Ocean Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Electric Gate
  • Open Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • In Ground Pool
  • Boat Ramp
  • Dock Facilities
  • Screened Balcony
  • Screened Patio
  • Exterior Lighting
  • Shed
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00415140-000166

Community Details

Overview

  • Association fees include bldg exterior mnt, security, sewer, exterminating, building insurance, common area mnt, cable
  • Ocean Harbor Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pet Restriction: YES

Security

  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,726

Year Built

Built in 1989

Lot Details

0

HOA Fees

$1,300 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1300.00
  • Mandatory HOA: Yes
  • Control Depth: 5
  • Dockage Dock: Other
  • Fee Includes: Bldg Exterior Mnt, Security, Sewer, Exterminating, Building Insurance, Common Area Mnt, Cable
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Plantation Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 87.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Clubhouse, Tennis Courts, Manager on Premises, 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: 5726.44
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Trailer Storage, Open Parking
  • Year Built: 1989
  • Alternate Key Number: 8764189
  • Cooling Heating: Central Air, Heat
  • Pool Info: In Ground
  • Porch Balcony: Screened P/B, Screened Patio
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 1813.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Bar, Pantry, Window Treatments, Tray Ceilings, Split Bedroom, Granite Counter Top, Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Wine Cooler, Stainless Steel Appliance(s), Microwave, Refrigerator, Range, Freezer, Dryer, Disposal
  • Floor: Marble
  • Specialty Rooms: Other
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Ramp, Dock Privileges
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Chickee Hut, Storage, Tennis Court(s), Sandy Beach, Shed, Lighting
  • Roof: Concrete Roof
  • Waterview: Ocean View, Open Water View

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, Individual Swr Plant, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,VE,VE,VE,0.
  • Parcel Number: 00415140-000166
  • Land Size: 10 or more Acres
  • Acres: 12.00

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2015

Multi Family

  • Total Units: 1.00

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

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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 $1,400,000 None Listed On Document
Warranty Deed $104,000 Coral Reef Title Co
Warranty Deed $695,000 Attorney
Interfamily Deed Transfer -- U S Title & Escrow Inc
Warranty Deed $760,000 --
Warranty Deed $275,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Credit Line Revolving
Previous Owner $200,000 Credit Line Revolving
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

  • C

    Seller's Agent in 2025

    Cynthia Hughes

    Ocean Sotheby's International Realty

    (305) 522-1320

    33 Total Sales

    Cynthia Hughes
    Section Image
  • Carolyn Ambler

    Buyer's Agent in 2025

    Carolyn Ambler

    American Caribbean Real Estate, Christie's International Real Estate

    (203) 395-6773

    63 Total Sales

    Carolyn Ambler
    Section Image

  • T

    Seller's Agent in 2016

    TEAM Walters Gloria, Rachel and Michae

    Ocean Sotheby's International Realty

    (305) 712-8888

    86 Total Sales

    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 570631

Florida Keys Board of REALTORS®

APN: 00415140-000166

Florida Monroe County Islamorada 33036

87851 Old Hwy Unit K36, Islamorada, FL

This home is located at 87851 Old Hwy Unit K36, Islamorada, FL 33036 and is currently priced at $1,040,000, approximately $573 per square foot. This property was built in 1989. 87851 Old Hwy Unit K36 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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