NOT LISTED FOR SALE

Estimated Value: $3,986,637 - $5,721,000

4 Beds
4 Baths
1,512 Sq Ft
$3,061/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $3,950,000 $2,612 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $26,099/month

75 Days on Market

Highlights

  • Ocean Front
  • Heated Pool
  • Deck
  • Plantation Key School Rated A-
  • 35,430 Sq Ft lot
  • Main Floor Bedroom

About This Home

As of October 2023

Ocean Oasis, a private oceanfront estate with sandy walk-in beach, pool, outdoor bar and a hammock retreat where you may enjoy rocking your cares away under the coconut palms. The perfect setting for unforgettable celebrations, romantic get aways or family gatherings, the Islamorada Beach House residence includes two living levels with three bedrooms, 2 baths, living, dining, kitchen and laundry upstairs and offers 2 bedrooms, 2 baths and kitchenette with laundry on the lower level. Convenient lockout owners closets found on each level provide plenty of storage for a turn-key experience. Huge area for parking. This estate offers best of both worlds as a private residence or a turn-key successful wedding venue/vacation property with a fully booked calendar for a substantial income.

Last Agent to Sell the Property

Russell Post

Ocean Sotheby's International License #3249753 Listed on: 07/11/2023

Ocean Sotheby's International

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,168

Year Built

  • Built in 1969

Lot Details

  • 0.81 Acre Lot
  • 100 Ft Wide Lot
  • Ocean Front
  • West Facing Home
  • Property is zoned SR

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,512 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Tile Flooring
  • Direct Ocean Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Balcony
  • Deck
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Mate Ocean Bay Subd Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00395340-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,168

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: MATE OCEAN BAY SUBD SEC 1
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer
  • Interior Amenities: First Floor Entry, Second Floor Entry, Other
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Tile
  • Furnished: Furnished, Partially Furnished
  • Living Area: 1512
  • Possible Use: Investment
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Other

Exterior Features

  • Roof: Metal Roof
  • View: Ocean, Direct Ocean, Water
  • Exterior Features: Barbeque, Built-In Grill, Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Features: Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MATE OCEAN BAY SUBD SEC 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 00395340-000000
  • Lot Size Sq Ft: 35430
  • Zoning: SR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 20168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Oct 11, 2023
Sold by
Owoc Family Trust
Bought by
Ocean Oasis Of Islamorada Llc
Seller's Agent
Russell Post
Ocean Sotheby's International
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$4,490,000
Sold Price
$3,950,000
Premium/Discount to List
-$540,000
-12.03%
Views
105
Current Estimated Value
$4,547,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,796
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
Jan 31, 2017
Sold by
Owoc Victro and Owoc Erin
Bought by
Owoc Victor J and Owoc Erin V

Purchase Details

Listed on
Feb 27, 2015
Closed on
Apr 13, 2015
Sold by
Glynn Graham Michael
Bought by
Owoc Victor and Owoc Erin
Seller's Agent
Margo Newman
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Leslie Leopold
Ocean Sotheby's International Realty
List Price
$1,795,000
Sold Price
$1,600,000
Premium/Discount to List
-$195,000
-10.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%
Original Mortgage
$1,200,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2005
Sold by
Drozd Joseph S
Bought by
Glynn Graham

Purchase Details

Closed on
Aug 1, 1993
Bought by
Owoc Victor and Owoc Erin
Source: Public Records
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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
Ocean Oasis Of Islamorada Llc $3,950,000 None Listed On Document
Ocean Oasis Of Islamorada Llc $3,950,000 None Listed On Document
Owoc Victor J -- Attorney
Owoc Victor $1,600,000 Attorney
Glynn Graham $2,000,000 --
Owoc Victor $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Owoc Victor $1,200,000
Closed Glynn Graham $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2023 10/11/23 Sold $3,950,000 0.0% $2,612 / Sq Ft
10/11/2023 10/11/23 Sold $3,950,000 0.0% $1,444 / Sq Ft View Prior Sale
09/25/2023 09/25/23 Pending -- -- --
09/20/2023 09/20/23 Pending -- -- --
08/28/2023 08/28/23 Price Changed $3,950,000 0.0% $2,612 / Sq Ft
08/19/2023 08/19/23 Price Changed $3,950,000 -12.0% $1,444 / Sq Ft
07/11/2023 07/11/23 For Sale $4,490,000 0.0% $2,970 / Sq Ft
06/22/2023 06/22/23 Price Changed $4,490,000 -9.3% $1,641 / Sq Ft
04/12/2023 04/12/23 Price Changed $4,950,000 -9.8% $1,809 / Sq Ft
12/27/2022 12/27/22 Price Changed $5,490,000 -5.3% $2,007 / Sq Ft
10/31/2022 10/31/22 For Sale $5,800,000 +262.5% $2,120 / Sq Ft
06/03/2015 06/03/15 Sold $1,600,000 -10.9% $769 / Sq Ft View Prior Sale
03/06/2015 03/06/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $1,795,000 -- $863 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2025 $30,639 $3,801,235 $3,401,280 $399,955
2024 $23,350 $3,337,172 $2,942,107 $395,065
2023 $23,350 $3,111,032 $2,721,024 $390,008
2022 $20,168 $2,358,908 $1,964,239 $394,669
2021 $19,257 $2,127,426 $1,777,169 $350,257
2020 $17,227 $1,796,498 $1,522,073 $274,425
2019 $16,488 $1,469,948 $1,332,168 $137,780
2018 $15,524 $1,379,962 $1,238,544 $141,418
2017 $16,660 $1,528,628 $0 $0
2016 $16,404 $1,413,762 $0 $0
2015 $12,049 $1,156,325 $0 $0
2014 -- $1,581,197 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11417769

MIAMI REALTORS® MLS

APN: 00395340-000000