NOT LISTED FOR SALE

87851 Old Hwy Unit K41 Islamorada, FL 33036

Estimated Value: $1,397,320 - $1,614,000

3 Beds
2 Baths
1,813 Sq Ft
$1,405/mo HOA Fee

Last Sold January 24, 2022

Last sale price $1,299,999 $717 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,410/month

4 Days on Market

Highlights

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

About This Home

As of January 2022

Ocean Harbor recently renovated 3 bedroom ocean front unit with endless views of the Atlantic and a deeded 35 foot boat dock. Located in the heart of Islamorada the community offers all the amenities you could ask for including, a pool, hot tub, tennis courts w/pickleball lines, beaches overlooking the marina, BBQ areas, Tiki huts, ice machines, boat ramp, trailer storage, clubhouse with gym and gated entry to the community. Interior includes updated tile floors, a brand new kitchen (2021) with wood cabinets, updated bathrooms, quartz countertops, stainless steel appliances and a wine cooler. Corner unit with lots of windows and large dining and living room with views to the ocean. Wake up in the morning to watch the sunrise from your bed. The huge screened patio offers ocean breezes and great views to enjoy morning coffee and nightly cocktails!

Last Agent to Sell the Property

Scott Ofstein

BHHS Florida Realty License #500338 Listed on: 12/01/2021

BHHS Florida Realty

Last Buyer's Agent

Scott Ofstein

Berkshire Hathaway HomeServices EWM Realty License #500338

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,082

Year Built

  • Built in 1989

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $1,405 Monthly HOA Fees

Interior Spaces

  • 1,813 Sq Ft Home
  • Ocean Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Boat Ramp
  • Screened Patio
  • Gazebo

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00415140-000167

Community Details

Overview

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

Pet Policy

  • Pet Restriction: 2 pets

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,082

Year Built

Built in 1989

Lot Details

0

HOA Fees

$1,405 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 1404.78
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock Length: 35
  • Fee Includes: Bldg Exterior Mnt, Building Insurance, Common Area Mnt
  • 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
  • Pets W Restrictions: 2 pets
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 7081.76
  • Vehicle Storage: Assigned Parking, Covered Parking, Trailer Storage, Guest Parking
  • Year Built: 1989
  • Alternate Key Number: 8764197
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Porch Balcony: Screened Patio
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1813.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Quartz Countertops
  • Floor Number: 4.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Wine Cooler, Stainless Steel Appliance(s), Microwave, Oven, Dryer, Disposal
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Basin, Boat Ramp
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Gazebo, Tennis Court(s), Sandy Beach, Hot Tub
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Utilities: Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE,AE,VE,VE,VE,0.
  • Parcel Number: 00415140-000167
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable, Unfurnished

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 24, 2022
Sold by
Krzyk Theodore J and Krzyk Ruth A
Bought by
Zona Joseph M and Zona Jennifer L
Seller's Agent
Scott Ofstein
BHHS Florida Realty
Buyer's Agent
Scott Ofstein
BHHS Florida Realty
List Price
$1,299,999
Sold Price
$1,299,999
Current Estimated Value
$1,479,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,831
Avg. Annual Appreciation
3.65%

Purchase Details

Listed on
Nov 27, 2019
Closed on
Feb 19, 2020
Sold by
Livingston George K and Livingston Elizabeth
Bought by
Krzyk Theodore J and Krzyk Ruth A
Seller's Agent
Billy Hart
Ocean Sotheby's International Realty
Buyer's Agent
Eric Johnson
Century 21 Circle- Islamorada
List Price
$925,000
Sold Price
$885,000
Premium/Discount to List
-$40,000
-4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.05%

Purchase Details

Listed on
Jul 9, 2018
Closed on
Jun 4, 2019
Sold by
Trevor Gray Spencer
Bought by
Livingston George K and Livingston Elizabeth
Seller's Agent
Billy Hart
Ocean Sotheby's International Realty
Buyer's Agent
Billy Hart
Ocean Sotheby's International Realty
List Price
$899,000
Sold Price
$800,000
Premium/Discount to List
-$99,000
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.83%

Purchase Details

Listed on
Jul 9, 2018
Closed on
May 28, 2019
Sold by
Trevor Gray Spencer and Gray Dustin Trevor
Bought by
Livingston George K and Livingston Elizabeth
Seller's Agent
Billy Hart
Ocean Sotheby's International Realty
Buyer's Agent
Billy Hart
Ocean Sotheby's International Realty
List Price
$899,000
Sold Price
$800,000
Premium/Discount to List
-$99,000
-11.01%

Purchase Details

Listed on
Jul 9, 2018
Closed on
May 21, 2019
Sold by
Gray J Trevor and Gray Edna H
Bought by
Gray Spencer Trevor and Gray Dustin Trevor
Seller's Agent
Billy Hart
Ocean Sotheby's International Realty
Buyer's Agent
Billy Hart
Ocean Sotheby's International Realty
List Price
$899,000
Sold Price
$800,000
Premium/Discount to List
-$99,000
-11.01%

Purchase Details

Closed on
May 3, 2018
Sold by
Edna H Gray Qualified Personal Residence
Bought by
Gray Spencer T and Gray Dustin T

Purchase Details

Closed on
Aug 19, 1998
Sold by
Edna H Gray Tr and J Trevor Gray Tr
Bought by
Gray Edna H

Purchase Details

Closed on
Sep 1, 1991
Bought by
Gray Edna H Qprt 4 and Gray 27
Source: Public Records

Range of Values:

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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
Zona Joseph M $1,299,999 Leslie & Ofstein Law Group Pll
Krzyk Theodore J $885,000 Absolute First Title Llc
Livingston George K $800,000 Florida Title Of The Keys
Gray Spencer Trevor $100 Florida Title Of The Keys
Livingston George K $800,000 Florida Title Of The Keys
Gray Spencer Trevor $100 Florida Title Of The Keys
Gray Spencer Trevor -- Dba Florida Title Of Keys
Gray Spencer T -- None Listed On Document
Gray Edna H -- --
Gray Edna H Qprt 4 $335,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $1,299,999 0.0% $717 / Sq Ft
12/01/2021 12/01/21 For Sale $1,299,999 +46.9% $717 / Sq Ft
02/19/2020 02/19/20 Sold $885,000 -4.3% $488 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
11/27/2019 11/27/19 For Sale $925,000 +15.6% $510 / Sq Ft
05/29/2019 05/29/19 Sold $800,000 -11.0% $441 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
07/09/2018 07/09/18 For Sale $899,000 -- $496 / 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 $11,489 $1,195,787 -- $1,195,787
2023 $11,489 $1,235,282 $0 $1,235,282
2022 $8,256 $1,020,298 $0 $1,020,298
2021 $7,261 $726,261 $0 $726,261
2020 $7,082 $704,495 $0 $704,495
2019 $6,764 $658,136 $0 $658,136
2018 $6,350 $618,228 $0 $0
2017 $6,680 $665,438 $0 $0
2016 $6,866 $644,509 $0 $0
2015 $6,165 $587,491 $0 $0
2014 $6,822 $644,972 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Ofstein

    Seller's Agent in 2022

    Scott Ofstein

    BHHS Florida Realty

    (954) 914-2354

    34 in this area

    56 Total Sales

    Scott Ofstein
    Section Image
  • Billy Hart

    Seller's Agent in 2020

    Billy Hart

    Ocean Sotheby's International Realty

    (305) 393-1140

    22 in this area

    31 Total Sales

    Billy Hart
    Section Image
  • Eric Johnson

    Buyer's Agent in 2020

    Eric Johnson

    Century 21 Circle- Islamorada

    (305) 451-0601

    6 in this area

    9 Total Sales

    Eric Johnson
    Section Image

  • B

    Buyer Co-Listing Agent in 2019

    Bill Hart

    Century 21 Prestige Realty Grp, Tavernier

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598658

Florida Keys Board of REALTORS®

APN: 00415140-000167

Florida Monroe County Islamorada 33036

87851 Old Hwy Unit K41, Islamorada, FL

This home is located at 87851 Old Hwy Unit K41, Islamorada, FL 33036 since 01 December 2021 and is currently estimated at $1,479,830, approximately $816 per square foot. This property was built in 1989. 87851 Old Hwy Unit K41 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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