NOT LISTED FOR SALE

87455 Old Hwy Unit 250 Islamorada, FL 33036

Estimated Value: $543,711 - $723,000

2 Beds
1.5 Baths
989 Sq Ft
$701/mo HOA Fee

Last Sold September 30, 2022

Last sale price $600,000 $607 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,423/month

77 Days on Market

Highlights

  • Ocean Front
  • Concrete Pool
  • Furnished
  • Plantation Key School Rated A-
  • Clubhouse
  • 1-minute walk to Indian Key

About This Home

As of September 2022

Coastal Charmer - This private, corner unit is a lovely, fully-furnished, updated two-bedroom and one-and-a-half bath, two-story waterfront condo with ocean views in the gated, pet friendly, oceanfront community of Plantation by the Sea in Islamorada. All brand-new interior from Royal Furniture, including King size bed in main bedroom and sleeper sofa in living room so you can start relaxing in your new condo right away. The open concept is great for entertaining and taking in the view. Start your day with a morning coffee or end it with an afternoon cocktail on the balcony overlooking the ocean and enjoy the ocean breeze through the evening hours. Upgrades include all brand-new furniture, new flooring, new fans, remodeled bathrooms, granite kitchen counter, stainless steel appliances, impact slider, accordion shutters, blinds in all rooms, and freshly painted interior. This unit comes with a designated covered parking space and there is plenty of additional guest parking. A personal storage unit on the ground floor also conveys. This property is ideal for a primary residence, second home, or rental opportunity with 28 day minimum rentals allowed. This unit has NOT been on a rental program.Take advantage of all the amenities this ocean front complex offers; heated pool, lounging area, a long fishing/observation pier, club house with kitchen/game room, sauna and gym and all with ocean views! Conveniently close to Founder's Park where you and your guests can join in on festivals and participate in other local activities. Also close to restaurants, schools, beach, medical facilities, and government offices. Don't delay, Seas the day!

Last Agent to Sell the Property

Vanessa J Chamizo

Coldwell Banker Schmitt Islamorada License #3080308 Listed on: 06/30/2022

Coldwell Banker Schmitt Islamorada

Last Buyer's Agent

The Jude Lindback Te

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #30590270

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,211

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 2

HOA Fees

  • $701 Monthly HOA Fees

Interior Spaces

  • 989 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Laminate Flooring
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Electric Gate

Pool

  • Concrete Pool
  • In Ground Pool

Utilities

  • Central Air
  • Heat Pump System
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Balcony
  • Ocean Front

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00415160-007700

Community Details

Overview

  • Association fees include bldg exterior mnt, security, water, sewer, common area mnt, building insurance
  • Plant By The Sea Subdivision

Amenities

  • Clubhouse

Pet Policy

  • Pets Allowed
  • Pet Restriction: 1 pet - 20 lbs max

Security

  • Complete Accordion Shutters
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,211

Year Built

Built in 1977 | Remodeled

Lot Details

0

HOA Fees

$701 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 700.61
  • Mandatory HOA: Yes
  • Control Depth: 1
  • Fee Includes: Bldg Exterior Mnt, Security, Water, Sewer, Common Area Mnt, Building Insurance
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 87.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse
  • Pets: Pets Allowed
  • Pets W Restrictions: 1 pet - 20 lbs max
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3211.39
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking
  • Year Built: 1977
  • Alternate Key Number: 1511366
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Central Air
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 989.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s), Granite Counter Top
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Laminate
  • Half Bathrooms: 1
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 2
  • Sq Ft Remarks: plus enclosed balconies

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,VE
  • Parcel Number: 00415160-007700
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Sep 27, 2022
Sold by
1Adnil Llc
Bought by
Watkins David Ian and Watkins Michelle
Seller's Agent
Vanessa J Chamizo
Coldwell Banker Schmitt Islamorada
Buyer's Agent
The Jude Lindback Te
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Current Estimated Value
$621,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,928
Avg. Annual Appreciation
1.31%
Original Mortgage
$562,600
Outstanding Balance
$543,394
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$78,534

Purchase Details

Listed on
Mar 24, 2021
Closed on
Apr 27, 2021
Sold by
Meier Michael J and Meier Julie L
Bought by
1 Adnil Llc
Seller's Agent
Lorie Leal
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Vanessa J. Chamizo, Professional Agent
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.91%

Purchase Details

Listed on
Jul 21, 2016
Closed on
Mar 30, 2017
Sold by
Davisson Diana K and The Diana K Living Trust
Bought by
Meier Michael J and Meier Julie L
Seller's Agent
Claire Johnson
Coastal Realty of the Florida Keys
Buyer's Agent
Andrea (Andi) Saylor
Keys Holiday Rentals, Inc.
List Price
$369,000
Sold Price
$325,000
Premium/Discount to List
-$44,000
-11.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$260,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 1996
Sold by
Dacisson Diana K
Bought by
Diana K Davisson Living Trust

Purchase Details

Closed on
Jun 1, 1987
Bought by
Davisson Diana K L and Davisson E

Purchase Details

Closed on
Nov 1, 1978
Bought by
Davisson Diana K L and Davisson E
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
Watkins David Ian $600,000 --
1 Adnil Llc $375,000 Coral Reef Title Company
Meier Michael J $325,000 Attorney
Diana K Davisson Living Trust $100 --
Davisson Diana K L $81,500 --
Davisson Diana K L $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watkins David Ian $562,600
Previous Owner Meier Michael J $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $600,000 +0.2% $607 / Sq Ft
08/02/2022 08/02/22 Price Changed $599,000 -4.2% $606 / Sq Ft
06/30/2022 06/30/22 For Sale $625,000 +66.7% $632 / Sq Ft
04/27/2021 04/27/21 Sold $375,000 -6.3% $379 / Sq Ft
03/24/2021 03/24/21 For Sale $400,000 +23.1% $404 / Sq Ft
03/30/2017 03/30/17 Sold $325,000 -11.9% $329 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
07/21/2016 07/21/16 For Sale $369,000 -- $373 / 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 $5,048 $498,644 -- $498,644
2023 $5,048 $498,644 $0 $498,644
2022 $4,425 $425,740 $0 $425,740
2021 $3,211 $279,642 $0 $279,642
2020 $3,290 $286,541 $0 $286,541
2019 $2,801 $272,742 $0 $272,742
2018 $2,794 $272,742 $0 $0
2017 $2,504 $206,014 $0 $0
2016 $2,532 $196,675 $0 $0
2015 $1,082 $97,570 $0 $0
2014 $1,082 $96,796 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vanessa J Chamizo

    Seller's Agent in 2022

    Vanessa J Chamizo

    Coldwell Banker Schmitt Islamorada

    (786) 302-8007

    54 Total Sales

    Vanessa J Chamizo
    Section Image

  • T

    Buyer's Agent in 2022

    The Jude Lindback Te

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    (305) 902-7013

    72 Total Sales

    The Jude Lindback Te
    Section Image
  • Lorie Leal

    Seller's Agent in 2021

    Lorie Leal

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 942-6044

    161 Total Sales

    Lorie Leal
    Section Image

  • V

    Buyer's Agent in 2021

    Vanessa J. Chamizo, Professional Agent

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

  • V

    Buyer's Agent in 2021

    Vanessa J. Chamizo, Realtor

    American Caribbean Real Estate, Christie's International Real Estate

  • V

    Buyer's Agent in 2021

    Vanessa Chamizo

    LoKation Real Estate

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601646

Florida Keys Board of REALTORS®

APN: 00415160-007700

Florida Monroe County Islamorada 33036

87455 Old Hwy Unit 250, Islamorada, FL

This home is located at 87455 Old Hwy Unit 250, Islamorada, FL 33036 since 30 June 2022 and is currently estimated at $621,928, approximately $628 per square foot. This property was built in 1977. 87455 Old Hwy Unit 250 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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