NOT LISTED FOR SALE

87851 Old Hwy Unit P44 Islamorada, FL 33036

Estimated Value: $1,495,494 - $1,839,000

3 Beds
2 Baths
1,921 Sq Ft
$1,300/mo HOA Fee

Last Sold November 22, 2019

Last sale price $1,030,000 $536 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $11,410/month

105 Days on Market

Highlights

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

About This Home

As of November 2019

Magnificent open ocean views from this premium top floor location. Every inch of this 3 bd / 2 bth condo has been completely remodeled including beautiful island kitchen with waterfall quartz countertops, custom cabinetry, wood effect anti-slip tile floors, master bath steam shower, guest bath double vanity, water pressure booster, new LED lighting throughout, and coveted 35' boat slip! Sought after Ocean Harbor Club offers tennis & pickle ball courts, beach, beautiful pool, sprawling green lawns and landscape, clubhouse, boat ramp, boat storage, and 50 boat slip marina.

Last Agent to Sell the Property

Leslie Leopold

Ocean Sotheby's International Realty License #3071091 Listed on: 07/25/2019

Ocean Sotheby's International Realty

Last Buyer's Agent

Terri Bodker

Ocean Bay Realty of the Keys

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,076

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • Ocean Front
  • Sandy Beach
  • Privacy Fence

HOA Fees

  • $1,300 Monthly HOA Fees

Property Views

  • Ocean
  • Harbor

Interior Spaces

  • 1,921 Sq Ft Home
  • 5-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Storage
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Electric Gate
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • In Ground Pool
  • Assigned Dock
  • Screened Balcony
  • Exterior Lighting
  • Gazebo
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Heat Pump System
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00415140-000146

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pet Restriction: 2 max

Security

  • Resident Manager or Management On Site
  • Complete Accordion Shutters
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,076

Year Built

Built in 1989 | Remodeled

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 Length: 35
  • Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt, Building Insurance
  • Key Island: Plantation Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 87.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Manager on Premises, Community Pool, Community Dockage, Community Boat Ramp, Clubhouse
  • Pets W Restrictions: 2 max
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 7076.24
  • Vehicle Storage: Assigned Parking, Covered Parking
  • Year Built: 1989
  • Alternate Key Number: 8763981
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Central Air
  • Pool Info: In Ground
  • Porch Balcony: Screened P/B
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 5 Stories
  • Estimated Living Sq Ft: 1921.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Amenities: Quartz Countertops, Window Treatments, Walk-in Closet(s), Storage
  • Floor Number: 4.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Range, Refrigerator, Microwave, Oven, Dryer, Disposal
  • Floor: Tile
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: Accessible Elevator Installed
  • Sq Ft Remarks: SF does not included screened balcony patio

Exterior Features

  • Dockage: Assigned Dock
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Sandy Beach, Privacy Wall/Fence, Gazebo, Lighting
  • Waterview: Harbor/Marina View, Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Other
  • Utilities: FKAA, Water Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,VE,VE,VE,0.
  • Parcel Number: 00415140-000146
  • Land Size: 10 or more Acres
  • Acres: 12.00

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

Multi Family

  • Total Units: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2019
Closed on
Dec 5, 2019
Sold by
Kalser Gary A and Kalser Cindy
Bought by
Salsa5 Properties Llc
Seller's Agent
Leslie Leopold
Ocean Sotheby's International Realty
Buyer's Agent
Terri Bodker
Ocean Bay Realty of the Keys
List Price
$1,125,000
Sold Price
$1,030,000
Premium/Discount to List
-$95,000
-8.44%
Current Estimated Value
$1,686,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$656,874
Avg. Annual Appreciation
8.91%

Purchase Details

Listed on
Jul 25, 2019
Closed on
Nov 22, 2019
Sold by
Kalser Gary A and Kalser Cindy
Bought by
Salsa5 Properties Llc
Seller's Agent
Leslie Leopold
Ocean Sotheby's International Realty
Buyer's Agent
Terri Bodker
Ocean Bay Realty of the Keys
List Price
$1,125,000
Sold Price
$1,030,000
Premium/Discount to List
-$95,000
-8.44%

Purchase Details

Closed on
May 13, 2003
Sold by
Kurfist Cioffi Wendy and Cioffi John
Bought by
Kalser Gary A and Kalser Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2000
Sold by
Casale Edward and Casale Susan
Bought by
Kurfist-Cioffi Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 1997
Sold by
Kline Larry and Usefara Carolann Usefara
Bought by
Casale Edward and Casale Susan

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
7.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1997
Bought by
Kalser Gary A and Kalser Cindy

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
7.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1991
Bought by
Kalser Gary A and Kalser Cindy
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
Salsa5 Properties Llc $1,030,000 None Listed On Document
Salsa5 Properties Llc $1,030,000 None Listed On Document
Kalser Gary A -- --
Kalser Gary A $900,000 --
Kurfist-Cioffi Wendy $655,000 --
Casale Edward $360,000 --
Kalser Gary A $360,000 --
Kalser Gary A $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kalser Gary A $720,000
Previous Owner Casale Edward $355,000
Previous Owner Casale Edward $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $1,030,000 -8.4% $536 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
07/25/2019 07/25/19 For Sale $1,125,000 -- $586 / 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 $11,243 $1,424,014 -- $1,424,014
2023 $11,243 $1,469,580 $0 $1,469,580
2022 $9,770 $1,129,481 $0 $1,129,481
2021 $8,833 $863,078 $0 $863,078
2020 $8,773 $852,987 $0 $852,987
2019 $8,309 $788,849 $0 $788,849
2018 $7,606 $720,045 $0 $0
2017 $7,894 $765,045 $0 $0
2016 $8,106 $740,720 $0 $0
2015 $7,395 $684,595 $0 $0
2014 $7,450 $681,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leslie Leopold

    Seller's Agent in 2019

    Leslie Leopold

    Ocean Sotheby's International Realty

    (305) 942-0215

    78 in this area

    92 Total Sales

    Leslie Leopold
    Section Image

  • T

    Buyer's Agent in 2019

    Terri Bodker

    Ocean Bay Realty of the Keys

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 586645

Florida Keys Board of REALTORS®

APN: 00415140-000146

Florida Monroe County Islamorada 33036

87851 Old Hwy Unit P44, Islamorada, FL

This home is located at 87851 Old Hwy Unit P44, Islamorada, FL 33036 since 25 July 2019 and is currently estimated at $1,686,874, approximately $878 per square foot. This property was built in 1989. 87851 Old Hwy Unit P44 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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