NOT LISTED FOR SALE

89351 Old Hwy Tavernier, FL 33070

Estimated Value: $1,992,000 - $5,460,000

3 Beds
2 Baths
2,088 Sq Ft
$1,780/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $2,400,000 $1,149 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $22,709/month

73 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • No HOA
  • Plantation Key School Rated A-
  • 2.71 Acre Lot
  • 1-minute walk to Indian Key

About This Home

As of July 2014

In the heart of Islamorada's "Millionaires' Row", lies an ocean front Oasis like no other, ''OCEAN'S EDGE''. The perfect opportunity, the ideal canvas, to create and develop your own exquisite Keys retreat with limitless ocean vistas. Features include immense and rare custom boat basin with it's own deep channel access, exceptional dockage for a variety of vessels, ramp, existing CBS Home

Last Agent to Sell the Property

Mykael Marinelli

American Caribbean Real Estate, Christie's International Real Estate License #624654 Listed on: 03/21/2014

Last Buyer's Agent

Kim Bagnell Thaler

Brooks Clark & Company, Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,806

Year Built

  • Built in 1968

Lot Details

  • 2.71 Acre Lot
  • Ocean Front
  • Property is zoned R1 - Residential Single Family

Property Views

  • Ocean
  • Harbor

Home Design

  • Concrete Roof

Interior Spaces

  • 2,088 Sq Ft Home
  • Utility Room
  • Dryer
  • Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Electric Gate
  • Open Parking

Outdoor Features

  • Boat Ramp
  • Shed
  • Tiki or Chickee Hut

Community Details

  • No Home Owners Association
  • Trop Coral Reef Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00092500-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,806

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 5
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Mile Marker: 89.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 8806.00
  • Vehicle Storage: Detached, Open Parking, Garage
  • Year Built: 1968
  • Alternate Key Number: 1107255
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2088.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Oven
  • Specialty Rooms: Utility Room
  • Appliances Other: YES
  • Total Bedrooms: 3
  • Sq Ft Remarks: Acerage SQ FT as per survey dated 12/7/90. Survey Available

Exterior Features

  • Dockage: Basin, Other Dockage, Boat Ramp
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut, Shed, Storage
  • Roof: Concrete Roof
  • Waterview: Harbor/Marina View, Open Water View, Ocean View

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00092500-000000
  • Lot Size: 1.77 AC E of Old Hwy 36 AC W of OH 58AC Submerged
  • Land Size: 2 Less Than 5 Acres
  • Acres: 2.71

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2023
Sold by
Rosen Judd Gordon
Bought by
Jgr Land Trust Llc
Current Estimated Value
$3,717,048

Purchase Details

Closed on
Aug 17, 2022
Sold by
89351 Llc
Bought by
Rosen Judd Gordon

Purchase Details

Listed on
Mar 21, 2014
Closed on
Jul 21, 2014
Sold by
Meads Cheryl Ann
Bought by
89351 Llc
Seller's Agent
Mykael Marinelli
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Kim Bagnell Thaler
Brooks Clark & Company, Islamorada
List Price
$2,700,000
Sold Price
$2,400,000
Premium/Discount to List
-$300,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%

Purchase Details

Closed on
Dec 1, 1990
Bought by
89351 Overseas Highway Land Trust 7/2014
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
Jgr Land Trust Llc -- None Listed On Document
Rosen Judd Gordon $11,950,000 Shumaker Loop & Kendrick Llp
89351 Llc -- Attorney
89351 Overseas Highway Land Trust 7/2014 $600,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2014 07/25/14 Sold $2,400,000 -11.1% $1,149 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $2,700,000 -- $1,293 / 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 $31,350 $3,703,794 $3,476,199 $227,595
2023 $31,350 $3,449,542 $3,216,491 $233,051
2022 $22,964 $2,711,327 $2,474,878 $236,449
2021 $21,024 $2,181,908 $1,942,851 $239,057
2020 $20,385 $2,106,142 $1,942,851 $163,291
2019 $20,970 $2,126,494 $1,963,203 $163,291
2018 $21,635 $2,154,849 $2,028,369 $126,480
2017 $23,320 $2,376,784 $0 $0
2016 $26,409 $2,539,109 $0 $0
2015 $29,080 $2,856,204 $0 $0
2014 $9,021 $889,184 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mykael Marinelli

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 439-7730

    16 in this area

    49 Total Sales

    Mykael Marinelli
    Section Image

  • K

    Buyer's Agent in 2014

    Kim Bagnell Thaler

    Brooks Clark & Company, Islamorada

  • Kim Thaler

    Buyer's Agent in 2014

    Kim Thaler

    Ocean Sotheby's International Realty

    (305) 393-2787

    30 in this area

    52 Total Sales

    Kim Thaler
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 563835

Florida Keys Board of REALTORS®

APN: 00092500-000000

Florida Monroe County Tavernier 33070

89351 Old Hwy, Tavernier, FL

This home is located at 89351 Old Hwy, Tavernier, FL 33070 since 21 March 2014 and is currently estimated at $3,717,048, approximately $1,780 per square foot. This property was built in 1968. 89351 Old Hwy 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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