NOT LISTED FOR SALE

88500 Overseas Hwy Unit 331 Islamorada, FL 33036

Estimated Value: $293,196 - $418,000

1 Bed
1 Bath
398 Sq Ft
$328/mo HOA Fee

Last Sold August 01, 2014

Last sale price $135,000 $339 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $2,404/month

140 Days on Market

Highlights

  • Boat Ramp
  • Dock Facilities
  • Sandy Beach
  • Plantation Key School Rated A-
  • Beach
  • 1-minute walk to Indian Key

About This Home

As of August 2014

Summersea STUDIO with 1/bath Located on the Bay with spectacular views from the pool deck and private beach. This clean and well kept Studio offers all furnishings, pots pans dishes just bring your gear to fish, dive on close by Reefs.Snake Creek or the Florida Everglades. First come dock ramp heated pool workout room. This is a great opportunity to own in the Keys AND the owner is MOTIVATED !!

Last Agent to Sell the Property

Gary Lobato

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #3249051 Listed on: 02/06/2014

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

Joe Vigo, P.A.

NuStar Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,445

Year Built

  • Built in 1976

Lot Details

  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Fenced
  • Sprinkler System

HOA Fees

  • $328 Monthly HOA Fees

Home Design

  • Concrete Roof

Interior Spaces

  • 1 Full Bathroom
  • 398 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Sliding Doors
  • Storage
  • Laundry Room
  • Home Gym
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave

Home Security

Parking

  • Electric Gate
  • Open Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • First Come-First Served Dock
  • Boat Ramp
  • Dock Facilities
  • Dock made with concrete
  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Attached Grill

Utilities

  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00414510-007500

Community Details

Overview

  • Association fees include bldg exterior mnt, water, security, sewer, exterminating, building insurance, common area mnt, cable
  • Summer Sea Subdivision
  • The community has rules related to vehicle restrictions
  • Rental Restrictions

Amenities

  • Lobby

Recreation

  • Boat Ramp
  • Boat Dock
  • Beach
  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Building Security
  • Resident Manager or Management On Site
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,445

Year Built

Built in 1976

Lot Details

0

HOA Fees

$328 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 328.40
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Fee Includes: Bldg Exterior Mnt, Water, Security, Sewer, Exterminating, Building Insurance, Common Area Mnt, Cable
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Plantation Key
  • Limited Representation: No
  • Mile Marker: 88.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Manager on Premises, Community Pool, Community Dockage, Community Boat Ramp
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1444.64
  • Title: Title Ins - Seller
  • Vehicle Storage: Off Street Parking, Vehicle Restrictions, Open Parking
  • Year Built: 1976
  • Alternate Key Number: 1509485
  • Building Style: Other Bldg Style
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 398.00
  • Pre Wired: Cable
  • Sewer Hook Up: No
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Elevator, Smoke Alarms, Storage, Lobby
  • Floor Number: 5.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Microwave, Oven, Refrigerator, Range
  • Floor: Tile
  • Specialty Rooms: Gym, Laundry Room
  • Windows/Doors: Sliding Glass Doors
  • Accessibility Features: None

Exterior Features

  • Dockage: Boat Ramp, First Come Dock, Dock Privileges
  • Waterfront: Bay Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Built-in Grill, Sandy Beach, Storage, Sprinkler System, Outdoor Shower, Lighting, Fencing
  • Roof: Concrete Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate, Secured Building
  • Utilities: Elect Separate Meter, Sewer Available

Lot Info

  • Deed Restrictions: No
  • Parcel Number: 00414510-007500
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2024
Sold by
Acosta Rosa Maria
Bought by
Acosta Rosa Maria and Acosta Maria Ester
Current Estimated Value
$344,236

Purchase Details

Listed on
Feb 6, 2014
Closed on
Aug 1, 2014
Sold by
Morvay Loretta M
Bought by
Acosta Rosa Maria
Seller's Agent
Gary Lobato
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Joe Vigo, P.A.
NuStar Realty, Inc.
List Price
$144,500
Sold Price
$135,000
Premium/Discount to List
-$9,500
-6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$121,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2013
Bought by
Acosta Rosa Maria

Purchase Details

Closed on
Sep 1, 2013
Sold by
Morvay Robert M and Morvay Loretta M
Bought by
Morvay Loretta M

Purchase Details

Closed on
Nov 1, 1995
Sold by
Shaver Lee Shaver K and Shaver J
Bought by
Morvay Robert M and Morvay Loretta M

Purchase Details

Closed on
Mar 1, 1989
Bought by
Acosta Rosa Maria

Purchase Details

Closed on
Oct 1, 1987
Bought by
Acosta Rosa Maria

Purchase Details

Closed on
May 1, 1985
Bought by
Acosta Rosa Maria

Purchase Details

Closed on
Dec 1, 1980
Bought by
Acosta Rosa Maria
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
Acosta Rosa Maria $70,000 None Listed On Document
Acosta Rosa Maria $135,000 Specialty Title Services Llc
Acosta Rosa Maria $100 --
Morvay Loretta M -- None Available
Morvay Robert M $23,500 --
Acosta Rosa Maria $43,000 --
Acosta Rosa Maria $39,000 --
Acosta Rosa Maria $40,000 --
Acosta Rosa Maria $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acosta Rosa Maria $138,806
Previous Owner Acosta Rosa Maria $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2014 08/01/14 Sold $135,000 -6.6% $339 / Sq Ft
06/26/2014 06/26/14 Pending -- -- --
02/06/2014 02/06/14 For Sale $144,500 -- $363 / 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 $2,299 $232,417 -- $232,417
2023 $2,299 $238,311 $0 $238,311
2022 $2,172 $222,449 $0 $222,449
2021 $1,920 $145,572 $0 $145,572
2020 $1,942 $147,187 $0 $147,187
2019 $1,903 $140,328 $0 $140,328
2018 $1,898 $140,328 $0 $0
2017 $1,799 $132,901 $0 $0
2016 $1,879 $132,901 $0 $0
2015 $1,775 $125,203 $0 $0
2014 $1,618 $125,203 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gary Lobato

    Seller's Agent in 2014

    Gary Lobato

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    (305) 900-7885

    9 in this area

    13 Total Sales

    Section Image

  • J

    Buyer's Agent in 2014

    Joe Vigo, P.A.

    NuStar Realty, Inc.

    Section Image

  • J

    Buyer's Agent in 2014

    Joe Vigo

    Prudential Keyswide Properties

  • J

    Buyer's Agent in 2014

    Jose Vigo

    Prudential Keyside Properties, Islamorada

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 563377

Florida Keys Board of REALTORS®

APN: 00414510-007500

Florida Monroe County Islamorada 33036

88500 Overseas Hwy Unit 331, Islamorada, FL

This home is located at 88500 Overseas Hwy Unit 331, Islamorada, FL 33036 since 06 February 2014 and is currently estimated at $353,049, approximately $887 per square foot. This property was built in 1976. 88500 Overseas Hwy Unit 331 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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