NOT LISTED FOR SALE

87455 Old Hwy Unit 251 Islamorada, FL 33036

Estimated Value: $611,160 - $868,000

2 Beds
1.5 Baths
1,028 Sq Ft
$726/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $649,900 $632 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,128/month

19 Days on Market

Highlights

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

About This Home

As of September 2021

DIRECT OCEANFRONT Islamorada townhome on Millionaire's Row for a fraction of the cost! This spacious Plantation by the Sea townhome has been beautifully updated with an open gourmet kitchen, stainless appliances, wood cabinets, granite counters, marble backsplash, stainless & glass hood, wood plank flooring, impact windows & doors, and updated baths. Private washer & dryer in unit for convenience. Quiet, private, corner unit location is allows for sparkling views of the Atlantic from every room! Covered parking spot & outside storage closet conveys. Plantation by the Sea is a private, gated community that offers an oceanfront pier, pool, gym, sauna, clubhouse, BBQ areas & low maintenance fees. The buildings are extremely well maintained with a healthy association & attentive on-site manager. Fantastic & quiet Old Highway location for shaded walks, biking & easily moving about town. Enjoy the beauty of Islamorada living with shops, art, breweries, dining, & marinas nearby. This well appointed townhome is being offered fully furnished for your immediate enjoyment.

Last Agent to Sell the Property

Lorie Leal

American Caribbean Real Estate, Christie's International Real Estate License #0703307 Listed on: 07/15/2021

Co-Listed By

Carlos Lorenzo

American Caribbean Real Estate, Christie's International Real Estate License #634298

Last Buyer's Agent

Nancy Hershoff

K2 Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,295

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 2

HOA Fees

  • $658 Monthly HOA Fees

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,028 Sq Ft Home
  • Furnished
  • Bar
  • Storage
  • Tile Flooring
  • Ocean Views

Kitchen

  • 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
  • Guest Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Additional Features

  • Balcony
  • Ocean Front

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00415160-007800

Community Details

Overview

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

Recreation

  • Beach
  • Community Pool

Pet Policy

  • Pet Restriction: 1 pet under 20 lbs

Security

  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,295

Year Built

Built in 1977 | Remodeled

Lot Details

0

HOA Fees

$658 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 658.00
  • Mandatory HOA: Yes
  • Control Depth: 1
  • Fee Includes: Bldg Exterior Mnt, Security, Water, Sewer, Common Area Mnt, Cable, 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: Beach, Community Pool
  • Pets W Restrictions: 1 pet under 20 lbs
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3295.08
  • Vehicle Storage: Assigned Parking, Covered Parking, Guest Parking
  • Year Built: 1977
  • Alternate Key Number: 1511374
  • Building Style: Townhouse
  • Cooling Heating: Central Air
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1028.00
  • 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: Bar, Walk-in Closet(s), Window Treatments, Storage, Granite Counter Top
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Microwave, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00415160-007800
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 17, 2021
Sold by
Maniaci Gina and Chapman James E
Bought by
Cecora Raymond
Seller's Agent
Lorie Leal
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Nancy Hershoff
K2 Realty, Inc.
List Price
$649,900
Sold Price
$649,900
Current Estimated Value
$746,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,640
Avg. Annual Appreciation
3.73%
Original Mortgage
$449,900
Outstanding Balance
$414,152
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$332,388

Purchase Details

Closed on
Aug 17, 2009
Sold by
Hsia Sung Lan and Hsia Martha
Bought by
Maniaci Gina and Chapman James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1990
Bought by
Maniaci Gina

Purchase Details

Closed on
Mar 1, 1987
Bought by
Maniaci Gina

Purchase Details

Closed on
Sep 1, 1979
Bought by
Maniaci Gina
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
Cecora Raymond $649,900 Florida Title Of The Keys
Maniaci Gina $280,000 Coral Reef Title Company
Maniaci Gina $123,000 --
Maniaci Gina $95,000 --
Maniaci Gina $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cecora Raymond $449,900
Previous Owner Maniaci Gina $219,500
Previous Owner Maniaci Gina $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $649,900 0.0% $632 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $649,900 -- $632 / 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 $6,092 $616,812 -- $616,812
2023 $6,092 $616,812 $0 $616,812
2022 $5,624 $556,463 $0 $556,463
2021 $3,216 $280,133 $0 $280,133
2020 $3,295 $287,076 $0 $287,076
2019 $3,215 $273,190 $0 $273,190
2018 $3,206 $273,190 $0 $0
2017 $3,121 $293,195 $0 $0
2016 $3,010 $261,062 $0 $0
2015 $2,733 $234,495 $0 $0
2014 $2,487 $193,613 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596918

Florida Keys Board of REALTORS®

APN: 00415160-007800