$3,800,000

87950 Overseas Hwy Islamorada, FL 33036

Estimated payment $21,886/month

Total Views 13,769
5 Beds
3 Baths
2,464 Sq Ft
$1,542 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Sandy Beach
  • Plantation Key School Rated A-
  • Dock made with wood
  • 1-minute walk to Plantation Tropical Preserve

About This Home

Tired of waiting on Uber or Freebee? Why not make this stunning bayfront estate your own private slice of paradise, right in the heart of Islamorada? Just a flip-flop stroll away from local favorites like MEAT Eatery, Shima, Marker 88, and City Hall Cafe, this property places you at the vibrant core of island living. Behind its private, fully fenced grounds, you'll discover sweeping bay views and a rare tiki hut at the end of the dock--your new go-to spot for toasting unforgettable sunsets. Upstairs, the open-concept living area spills out through sliding glass doors onto a spacious, screened-in terrace, perfect for laid-back evenings or lively gatherings. This level also features three bedrooms and two baths, providing plenty of space for guests or family. Step down from the terrace to your own tropical oasis, complete with a pool, backyard, beach, and dock. The ground floor adds even more flexibility with two additional bedrooms, a bath, and a relaxed living area--ideal for guests or extended family. Whether you're looking for your forever getaway in the Keys or a smart investment when you're not soaking it all in yourself, this property is a rare find. Come see why life really is better by the bay.

Listing Agent

Alina Davis

Coldwell Banker Schmitt Islamorada License #3216995 Listed on: 05/23/2025

Coldwell Banker Schmitt Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,657

Year Built

  • Built in 1973

Lot Details

  • 0.52 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Fenced
  • Property is zoned R1 - Residential Single Family

Home Design

  • Concrete Roof
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,464 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Storage
  • Gulf Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport
  • Electric Gate
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • Dock made with wood
  • Screened Balcony

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00414630-000000

Community Details

Overview

  • No Home Owners Association
  • Plant Beach Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,657

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Wood
  • Dockage Dock Length: 100
  • Fee Includes: None
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 87.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 14656.58
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Covered Parking, Off Street Parking, Guest Parking, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1973
  • Alternate Key Number: 1510041
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 22800.00
  • Pool Info: In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Screened P/B
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2464.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Walk-in Closet(s), Storage, Pantry
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet, Wood
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 5

Exterior Features

  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Sandy Beach
  • Roof: Metal Roof, Concrete Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Elect Separate Meter, Buyer to Verify, Municipal Sewer
  • Heating: Central, Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,AE,0.2 PCT ANN
  • Parcel Number: 00414630-000000
  • Lot Size: 100 x 208 x 107 on bay x 247
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.52

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $14,557 $1,577,490 -- --
2023 $14,557 $1,531,544 $0 $0
2022 $14,285 $1,486,936 $0 $0
2021 $14,490 $1,443,628 $0 $0
2020 $14,358 $1,423,697 $0 $0
2019 $14,314 $1,391,689 $0 $0
2018 $13,984 $1,365,740 $0 $0
2017 $13,432 $1,337,650 $0 $0
2016 $13,928 $1,310,138 $0 $0
2015 $13,584 $1,301,031 $0 $0
2014 $13,609 $1,290,705 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $3,800,000 -- $1,542 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $600,000 --
Warranty Deed $399,000 --
Warranty Deed $120,000 --
Deed $95,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $845,000 New Conventional
Closed $800,000 Adjustable Rate Mortgage/ARM
Closed $150,000 Credit Line Revolving
Closed $800,000 Unknown
Closed $150,000 Balloon
Closed $480,000 New Conventional
Source: Public Records

Similar Homes in the area

  • 112 Leoni Dr, Islamorada, FL 33036

    $2,999,000

    • 4 Beds
    • 4 Baths
    • 2,478 Sq Ft
    • 112 Leoni Dr
    • Islamorada, FL

    LOOKING FOR THE PREMIER DEEP WATER OCEAN/BAY ACCESS COMMUNITY? Discover the epitome of waterfront living in the exclusive community of Venetian Shores in Islamorada. Renowned for its expansive 100-foot-wide canals, this neighborhood provides unparalleled access to both the Atlantic Ocean and Florida Bay via Snake Creek--ideal for boating enthusiasts. This meticulously updated residence boasts 4

    Shane Wilson Cypress Realty, Inc.

    Section Image
  • 257 Normandy Dr, Tavernier, FL 33070

    $3,885,000

    • 6 Beds
    • 5 Baths
    • 3,240 Sq Ft
    • 257 Normandy Dr
    • Tavernier, FL

    Spectacular Tavernier Oceanfront Concrete Home with Stunning Atlantic Views & Prime Boating AccessDiscover your dream waterfront retreat in the heart of the Florida Keys! This impressive 6-bedroom, 5-bathroom three-story concrete masterpiece in Tavernier offers breathtaking panoramic views of the turquoise Atlantic Ocean from nearly every room.Designed for spacious island living and effortless

    Terry Canto American Caribbean Real Estate, Christie's International Real Estate

    Section Image
  • 81250 Overseas Hwy Unit 1, Islamorada, FL 33036

    $2,850,000

    • 3 Beds
    • 3 Baths
    • 2,072 Sq Ft
    • 81250 Overseas Hwy
    • Unit 1
    • Islamorada, FL

    Welcome to Tarpon Flats, an exclusive gated enclave at the very heart of downtown Islamorada. Spanning four acres of beautifully landscaped grounds, this intimate bayfront community of just 12 private residences offers total privacy and tranquility in one of the most desirable locations in the entire Florida Keys.This southernmost unit is the most private residence in Tarpon Flats, capturing

    Pierre Bellion Ocean Sotheby's International Realty

    Section Image
  • 230 Biscayne Blvd, Islamorada, FL 33036

    $3,750,000

    • 5 Beds
    • 3 Baths
    • 2,425 Sq Ft
    • 230 Biscayne Blvd
    • Islamorada, FL

    Exquisite Canal Front Retreat in Prestigious Port Antigua, IslamoradaWelcome to your dream waterfront oasis in the highly coveted Port Antigua community of Islamorada. This meticulously remodeled 5-bedroom, 3-bath (3 Up / 2 Down) residence embodies luxury coastal living with 100 feet of premier dockage, offering effortless access to Florida Bay, Channel 2, and Channel 5, placing the Atlantic

    Krissy Carnahan Realty ONE Group Destination (ISL)

    Section Image
  • 316 North Dr, Islamorada, FL 33036

    $2,900,000

    • 3 Beds
    • 3.5 Baths
    • 2,309 Sq Ft
    • 316 North Dr
    • Islamorada, FL

    Simply the best location, exclusive & extremely private. This is a rare find and a single-family home that's rarely available. It's tucked away in the prestigious ''Plantation Lake Estates,'' a highly sought-after gated community with an on-site boat ramp and park. This Coastal-Styled Beach Home is in a prime location at Mile Marker 87, across the street from Founders Park, which has a beach,

    Anthony Askowitz RE/MAX All Keys Real Estate

    Section Image
  • 168 Indian Mound Trail, Tavernier, FL 33070

    $3,400,000

    • 4 Beds
    • 3 Baths
    • 3,204 Sq Ft
    • 168 Indian Mound Trail
    • Tavernier, FL

    Welcome to your waterfront sanctuary in the heart of Islamorada. Tucked away on a quiet street in the prestigious Village of Islamorada, this elegant 4 bedroom, 3 bath residence offers 3,204 square feet of open, light-filled living space designed for comfort, privacy, and effortless indoor-outdoor living.Situated on a generous 14,050 square foot lot, the property features 51 feet of canal

    Jamie Engel Coldwell Banker Schmitt Islamorada

    Section Image
  • 188 Indian Mound Trail, Tavernier, FL 33070

    $2,875,000

    • 3 Beds
    • 2 Baths
    • 2,250 Sq Ft
    • 188 Indian Mound Trail
    • Tavernier, FL

    Welcome to 188 Indian Mound Trail, an exceptional waterfront estate nestled in the prestigious Indian Waterways neighborhood of Islamorada. This meticulously maintained 10,250 SF property offers an unparalleled lifestyle just steps from the renowned Sunset Point, combining refined living with direct access to the best of the Florida Bay. A solid concrete home designed for comfort and

    Sebastian Del Negro Ocean Sotheby's International Realty

    Section Image
  • 406 S Coconut Palm Blvd, Tavernier, FL 33070

    $4,440,000

    • 4 Beds
    • 4 Baths
    • 4,144 Sq Ft
    • 406 S Coconut Palm Blvd
    • Tavernier, FL

    BRAND NEW DOCKAGE COMING SOON!! UPDATED PICTURES ONCE COMPLETED!! Discover coastal luxury in this stunning 4-bedroom, 4-bathroom bayside paradise. With 4,144 square feet of luxurious living space, this home offers breathtaking sunset views and direct access to the sparkling waters of the Florida Keys. Indulge in spacious, open-concept living areas, perfect for entertaining guests. Retreat to one

    April Struhs Coldwell Banker Schmitt Key Largo

    Section Image
  • 109 Giardino Dr, Islamorada, FL 33036

    $3,725,000

    • 4 Beds
    • 3 Baths
    • 3,088 Sq Ft
    • 109 Giardino Dr
    • Islamorada, FL

    Waterfront Elegance in Venetian Shores - A Turnkey Coastal GemDiscover the pinnacle of Florida Keys living in this impeccably remodeled waterfront oasis, located in the highly sought-after Venetian Shores. This sophisticated 4-bedroom, 3-bathroom retreat spans over 3,000 square feet of thoughtfully designed living space, blending contemporary luxury with island-inspired charm.From the moment you

    Jesus Monteagudo American Caribbean Real Estate, Christie's International Real Estate

    Section Image

Source: Florida Keys Board of REALTORS®

MLS Number: 615167

Florida Keys Board of REALTORS®

APN: 00414630-000000