NOT LISTED FOR SALE

88540 Overseas Hwy Unit 701 Tavernier, FL 33070

Estimated Value: $707,000 - $1,373,078

2 Beds
2.5 Baths
1,298 Sq Ft
$869/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $1,500,000 $1,156 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $7,384/month

117 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • Property fronts gulf or ocean
  • Plantation Key School Rated A-
  • Dock made with concrete
  • 1-minute walk to Indian Key

About This Home

As of April 2024

END UNIT - MAGNIFICENT WATER VIEWS ON 3 SIDES INCLUDING OPEN BAY VIEWS. ONLY UNIT WITH THESE VIEWS IN ENTIRE COMPLEX. Additional land on side included in legal description. DEEDED BOAT SLIP #2 included. Easy access to ocean through Snake Creek. Boat slips may have lifts installed. Unit has had many updates over the years including newer kitchen, half bath, master bath, furnishings and window coverings. Hurricane windows throughout. Futura Yacht Club is a gated complex that offers on site boat ramp, boat trailer storage, pool, clubhouse, beach, tennis, and basketball. This unit qualifies for 7 day rentals. Pets allowed - 2 any size. Perfect property for investment, permanent or vacation home. PLEASE NOTE: This has been a vacation rental property and there are existing rentals periodically through 7/27/24. Owner requests that buyer honor rentals through 4/6/2024 as a courtesy to the winter renters. After closing rent proceeds go to buyer.

Last Agent to Sell the Property

Andrea (Andi) Saylor

Realty One Group Engage the Keys License #3427827 Listed on: 11/28/2023

Realty One Group Engage the Keys

Last Buyer's Agent

Andi Saylor

Keys Holiday Real Estate, Inc. License #3427827

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,027

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor

HOA Fees

  • $618 Monthly HOA Fees

Property Views

  • Gulf
  • Harbor

Home Design

  • Metal Roof

Interior Spaces

  • 1,298 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Storage
  • Tile Flooring
  • Pull Down Stairs to Attic

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Carport
  • Electric Gate
  • Guest Parking
  • Open Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Boat Slip
  • Dock made with concrete
  • Balcony
  • Outdoor Storage

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00417441-000100

Community Details

Overview

  • Association fees include common area mnt, security
  • Futura Yacht Club Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts
  • Community Pool
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Restriction: 2 pets any sizie

Security

  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,027

Year Built

Built in 1985 | Remodeled

Lot Details

0

HOA Fees

$618 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • Additional Assessor Parcel Number 1: 00417440-000102
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 618.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Dock Length: 39
  • Document Count: 5
  • Fee Includes: Common Area Mnt, Security
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 88.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Bike Paths, Other Area Features, Beach, Manager on Premises, Tennis Courts, Clubhouse, Community Boat Ramp
  • Pets: Pets Allowed
  • Pets W Restrictions: 2 pets any sizie
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 7026.81
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Trailer Storage, Covered Parking, Guest Parking, Open Parking, Attached
  • Vehicle Storage Cars: 2
  • Year Built: 1985
  • Alternate Key Number: 8574461
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s), Heat Pump, Wall/Window Unit(s)
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1298.00
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Pull Down Stairs, Window Treatments, Storage, Smoke Alarms
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Harbor/Marina View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Water Separate Meter, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,VE,AE,0.2 PCT ANN
  • Parcel Number: 00417441-000100
  • Land Size: 5 Less Than 10 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Aquino Ricardo U and Aquino Barbara A
Bought by
Stuart J Kingma Trust and Elizabeth A Kingma Trust
Current Estimated Value
$1,128,520

Purchase Details

Listed on
Nov 28, 2023
Closed on
Apr 30, 2024
Sold by
Brock Haus On The Gulf Llc
Bought by
Aquino Ricardo U and Aquino Barbara A
Seller's Agent
Andrea (Andi) Saylor
Realty One Group Engage the Keys
Buyer's Agent
Andrea (Andi) Saylor
Realty One Group Engage the Keys
List Price
$1,650,000
Sold Price
$1,500,000
Premium/Discount to List
-$150,000
-9.09%
Views
515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.51%
Original Mortgage
$1,350,000
Interest Rate
6.74%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 29, 2006
Sold by
Brockhaus Joyce P
Bought by
Brock Haus On The Gulf Llc

Purchase Details

Closed on
Mar 1, 1997
Bought by
Brock Haus On The Gulf Llc

Purchase Details

Closed on
Dec 1, 1986
Bought by
Brock Haus On The Gulf Llc

Purchase Details

Closed on
Apr 1, 1980
Bought by
Brock Haus On The Gulf Llc
Source: Public Records

Range of Values:

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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
Stuart J Kingma Trust $1,575,000 Coral Reef Title
Aquino Ricardo U $1,500,000 Coral Reef Title
Brock Haus On The Gulf Llc -- None Available
Brock Haus On The Gulf Llc $227,000 --
Brock Haus On The Gulf Llc $130,000 --
Brock Haus On The Gulf Llc $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aquino Ricardo U $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $1,500,000 -3.2% $1,156 / Sq Ft
02/03/2024 02/03/24 Price Changed $1,549,000 -6.1% $1,193 / Sq Ft
11/28/2023 11/28/23 For Sale $1,650,000 -- $1,271 / 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 $6,396 $1,164,544 -- $1,164,544
2023 $6,396 $917,487 $0 $917,487
2022 $5,537 $716,653 $0 $716,653
2021 $5,063 $576,937 $0 $576,937
2020 $4,466 $476,088 $0 $476,088
2019 $4,377 $503,220 $0 $503,220
2018 $4,123 $503,220 $0 $0
2017 $3,817 $498,185 $0 $0
2016 $3,703 $460,979 $0 $0
2015 $2,832 $281,303 $0 $0
2014 $2,722 $281,303 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Andrea (Andi) Saylor

    Realty One Group Engage the Keys

    (305) 407-4326

    6 Total Sales

    Section Image

  • A

    Buyer's Agent in 2024

    Andi Saylor

    Keys Holiday Real Estate, Inc.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 607602

Florida Keys Board of REALTORS®

APN: 00417441-000100

Florida Monroe County Tavernier 33070

88540 Overseas Hwy Unit 701, Tavernier, FL

This home is located at 88540 Overseas Hwy Unit 701, Tavernier, FL 33070 since 28 November 2023 and is currently estimated at $1,128,520, approximately $869 per square foot. This property was built in 1985. 88540 Overseas Hwy Unit 701 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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