NOT LISTED FOR SALE

87851 Old Hwy Unit P31 + 50' boat slip Islamorada, FL 33036

Estimated Value: $1,475,000 - $1,604,000

3 Beds
2 Baths
1,896 Sq Ft
$1,225/mo HOA Fee

Last Sold March 29, 2021

Last sale price $900,000 $475 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $10,562/month

664 Days on Market

Highlights

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

About This Home

As of March 2021

Outstanding ocean views are seen from the living areas, kitchen, master bedroom and one of the guest bedrooms in this spacious unit at coveted Ocean Harbour. This warm and inviting three-bedroom, two-bathroom unit comes with a 50-foot boat slip (#29). The Ocean Harbour property offers 12 nicely landscaped acres with an oceanfront swimming pool, a hot tub, a clubhouse, a gym, and tennis courts. There's also a sandy beach with a grilling area, and a tiki hut to meet friends for some fun.

Last Agent to Sell the Property

The Florida Keys Sold Sisters

Ocean Sotheby's International Realty Listed on: 05/28/2019

Ocean Sotheby's International Realty

Last Buyer's Agent

Sabrina Wampler & Sarah S. Ewald

Moorings Realty, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,846

Year Built

  • Built in 1989

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $1,225 Monthly HOA Fees

Interior Spaces

  • 1,896 Sq Ft Home
  • 3-Story Property
  • Double Hung Windows
  • Sliding Doors
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Covered Parking
  • Electric Gate

Accessible Home Design

  • Handicap Accessible

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Boat Slip
  • Screened Patio
  • Outdoor Kitchen

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00415140-000137

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Beach
  • Tennis Courts

Pet Policy

  • Pet Restriction: YES

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,846

Year Built

Built in 1989

Lot Details

0

HOA Fees

$1,225 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 1225.00
  • Mandatory HOA: Yes
  • Control Depth: 5
  • Dockage Dock Length: 50
  • Fee Includes: Bldg Exterior Mnt, Exterminating, Security, Building Insurance, Common Area Mnt
  • 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, Other Area Features, Tennis Courts, Clubhouse
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 7845.60
  • Vehicle Storage: Covered Parking
  • Year Built: 1989
  • Alternate Key Number: 8763891
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Porch Balcony: Screened Patio
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1896.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Refrigerator, Range
  • Windows/Doors: Double Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Hot Tub, Sandy Beach, Tennis Court(s), Outdoor Kitchen
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,VE,VE,VE,0.
  • Parcel Number: 00415140-000137
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2023
Sold by
Duffle William E and Duffle Andrea E
Bought by
Cl Real Estate Group Llc
Current Estimated Value
$1,533,973

Purchase Details

Listed on
May 28, 2019
Closed on
Mar 26, 2021
Sold by
Decastro Eduardo and De Castro Adriana
Bought by
Duffle William E and Duffle Andrea E
Seller's Agent
The Florida Keys Sold Sisters
Ocean Sotheby's International Realty
Buyer's Agent
Sabrina Wampler & Sarah S. Ewald
Moorings Realty, Inc
List Price
$925,000
Sold Price
$900,000
Premium/Discount to List
-$25,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.73%

Purchase Details

Closed on
Dec 2, 2011
Sold by
Peckham Thomas E and Martin Robert R
Bought by
Decastro Eduardo and Decastro Adriana G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 6, 2002
Bought by
Decastro Eduardo and Decastro Adriana G

Purchase Details

Closed on
Dec 1, 1990
Bought by
Decastro Eduardo and Decastro Adriana G
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
Cl Real Estate Group Llc $1,580,000 --
Duffle William E $900,000 Coral Reef Title Company
Decastro Eduardo $645,000 Attorney
Decastro Eduardo $804,000 --
Decastro Eduardo $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Decastro Eduardo $417,000
Previous Owner Tanzman Arnold $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $900,000 -2.7% $475 / Sq Ft
12/07/2020 12/07/20 For Sale $925,000 +2.8% $488 / Sq Ft
11/27/2020 11/27/20 Off Market $900,000 -- --
05/28/2020 05/28/20 Price Changed $925,000 -2.6% $488 / Sq Ft
01/02/2020 01/02/20 Price Changed $950,000 -9.4% $501 / Sq Ft
05/28/2019 05/28/19 For Sale $1,049,000 -- $553 / 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 $12,513 $1,310,458 -- $1,310,458
2023 $12,513 $1,519,134 $0 $1,519,134
2022 $10,845 $1,152,772 $0 $1,152,772
2021 $6,907 $689,460 $0 $689,460
2020 $6,861 $681,633 $0 $681,633
2019 $6,919 $673,805 $0 $673,805
2018 $7,318 $716,730 $0 $0
2017 $8,120 $815,017 $0 $0
2016 $8,141 $788,808 $0 $0
2015 $7,195 $690,137 $0 $0
2014 $7,238 $685,887 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • The Florida Keys Sold Sisters

    Seller's Agent in 2021

    The Florida Keys Sold Sisters

    Ocean Sotheby's International Realty

    (305) 393-0585

    55 in this area

    85 Total Sales

    The Florida Keys Sold Sisters
    Section Image

  • S

    Buyer's Agent in 2021

    Sabrina Wampler & Sarah S. Ewald

    Moorings Realty, Inc

  • S

    Buyer Co-Listing Agent in 2021

    Sarah Sheen

    Prudential Keyside Properties, Islamorada

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 585868

Florida Keys Board of REALTORS®

APN: 00415140-000137

Florida Monroe County Islamorada 33036

87851 Old Hwy Unit P31 + 50' boat slip, Islamorada, FL

This home is located at 87851 Old Hwy Unit P31 + 50' boat slip, Islamorada, FL 33036 since 28 May 2019 and is currently estimated at $1,533,973, approximately $809 per square foot. This property was built in 1989. 87851 Old Hwy Unit P31 + 50' boat slip 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.

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