NOT LISTED FOR SALE

88181 Old Hwy Unit 2C and 50' slip 2 Islamorada, FL 33036

Estimated Value: $1,019,647 - $1,093,000

3 Beds
2 Baths
1,593 Sq Ft
$2,667/mo HOA Fee

Last Sold April 30, 2024

Last sale price $975,000 $612 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,977/month

80 Days on Market

Highlights

  • Lake Front
  • Boat Ramp
  • Dock made with concrete
  • Plantation Key School Rated A-
  • Beach
  • 1-minute walk to Indian Key

About This Home

As of April 2024

Very clean, updated condo. Split floor plan. 50' x 18' boat slip included

Last Agent to Sell the Property

Kathleen Denworth

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #3025320 Listed on: 01/12/2024

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

Kathy Denworth

Century 21 Keysearch Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,125

Year Built

  • Built in 1979

Lot Details

  • Lake Front

HOA Fees

  • $2,667 Monthly HOA Fees

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,593 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Tile Flooring
  • Lake Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Electric Gate

Outdoor Features

  • Seawall
  • Boat Ramp
  • Boat Slip
  • Dock made with concrete
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00414980-002100

Community Details

Overview

  • Association fees include exterminating, common area mnt, building insurance, bldg exterior mnt, water
  • 79 Units
  • Coral Harbour Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pet Restriction: 2

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,125

Year Built

Built in 1979

Lot Details

0

HOA Fees

$2,667 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 8000.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: Exterminating, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 88.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Beach, Manager on Premises, Tennis Courts, Clubhouse, Community Boat Ramp
  • Off Shore Island: No
  • Pets W Restrictions: 2
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 6125.03
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking
  • Year Built: 1979
  • Alternate Key Number: 8562977
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1593.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: Boat Ramp, Boat Slip
  • Waterfront: Lake Front
  • Waterfront: Yes
  • Construction: Concrete
  • Roof: Concrete Roof
  • Waterview: Lake View
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE,X,AE,0.2 PC
  • Parcel Number: 00414980-002100
  • Land Size: 10 or more Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 79.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Apr 29, 2024
Sold by
Coral Harbour C-2 Llc
Bought by
Garufi Revocable Trust and Garufi
Seller's Agent
Kathleen Denworth
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Kathy Denworth
Century 21 Keysearch Realty
List Price
$1,125,000
Sold Price
$975,000
Premium/Discount to List
-$150,000
-13.33%
Views
55
Current Estimated Value
$1,064,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,412
Avg. Annual Appreciation
6.82%

Purchase Details

Listed on
Sep 11, 2023
Closed on
Oct 30, 2023
Sold by
Vardzel Gerald John and Vardzel Suzanne B
Bought by
Coral Harbour C-2 Llc
Seller's Agent
Kathleen Denworth
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Lisa Frins
Century 21 Prestige Realty Grp, Tavernier
List Price
$1,125,000
Sold Price
$1,125,000
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.89%

Purchase Details

Closed on
Jan 13, 2022
Sold by
Marie Davern Joy and Marie Thomas
Bought by
Vardzel Gerald John and Vardzel Suzanne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$807,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2021
Sold by
Wiedemann John J
Bought by
Davern Joy Marie and Davern Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$807,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2012
Sold by
Wiedemann Christine C
Bought by
Davern Joy Marie and Davern Thomas

Purchase Details

Closed on
Oct 1, 2003
Sold by
Hammond Dewey and Hammond Carlena
Bought by
Wiedemann John W and John W Wiedemann Trust

Purchase Details

Closed on
Jun 11, 2002
Sold by
Earnie L Gardner M and Earnie Janine M
Bought by
Hammond Dewey and Hammond Carlena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1996
Bought by
Davern Joy Marie and Davern Thomas

Purchase Details

Closed on
Jun 1, 1984
Bought by
Davern Joy Marie and Davern Thomas

Purchase Details

Closed on
Dec 1, 1980
Bought by
Davern Joy Marie and Davern Thomas
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Garufi Revocable Trust $975,000 Coral Reef Title
Coral Harbour C-2 Llc $1,125,000 None Listed On Document
Vardzel Gerald John $850,000 Sunshine Title Of The Keys
Davern Joy Marie -- Sunshine Title Of The Keys
Davern Joy Marie -- Attorney
Davern Joy Marie $577,800 Attorney
Wiedemann Christine C -- Attorney
Wiedemann Christine C $577,800 Attorney
Wiedemann John W -- --
Wiedemann John W $675,000 Florida Title Of The Keys
Hammond Dewey -- --
Hammond Dewey $545,000 --
Davern Joy Marie $250,000 --
Davern Joy Marie $182,000 --
Davern Joy Marie $179,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vardzel Gerald John $807,500
Previous Owner Hammond Dewey $100,000
Previous Owner Hammond Dewey $436,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $975,000 -2.0% $612 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/28/2024 03/28/24 Price Changed $995,000 -5.2% $625 / Sq Ft
03/12/2024 03/12/24 Price Changed $1,050,000 -10.6% $659 / Sq Ft
02/29/2024 02/29/24 Price Changed $1,175,000 +9.3% $738 / Sq Ft
02/10/2024 02/10/24 Price Changed $1,075,000 -4.4% $675 / Sq Ft
01/12/2024 01/12/24 For Sale $1,125,000 0.0% $706 / Sq Ft
10/30/2023 10/30/23 Sold $1,125,000 0.0% $706 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $1,125,000 -- $706 / 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 $6,125 $940,340 -- $940,340
2023 $6,125 $714,140 $0 $714,140
2022 $5,882 $767,183 $0 $767,183
2021 $5,278 $586,824 $0 $586,824
2020 $4,637 $477,417 $0 $477,417
2019 $5,168 $521,721 $0 $521,721
2018 $5,150 $521,721 $0 $0
2017 $4,827 $538,865 $0 $0
2016 $4,644 $485,776 $0 $0
2015 $4,201 $456,308 $0 $0
2014 $3,667 $358,916 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Denworth

    Seller's Agent in 2024

    Kathleen Denworth

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    (305) 394-3400

    19 in this area

    26 Total Sales

    Kathleen Denworth
    Section Image

  • K

    Buyer's Agent in 2024

    Kathy Denworth

    Century 21 Keysearch Realty

  • L

    Buyer's Agent in 2023

    Lisa Frins

    Century 21 Prestige Realty Grp, Tavernier

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 608184

Florida Keys Board of REALTORS®

APN: 00414980-002100

Florida Monroe County Islamorada 33036

88181 Old Hwy Unit 2C and 50' slip 2, Islamorada, FL

This home is located at 88181 Old Hwy Unit 2C and 50' slip 2, Islamorada, FL 33036 since 12 January 2024 and is currently estimated at $1,064,412, approximately $668 per square foot. This property was built in 1979. 88181 Old Hwy Unit 2C and 50' slip 2 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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