$3,800,000

87950 Overseas Hwy Islamorada, FL 33036

Estimated payment $21,388/month

Total Views 8,800
5 Beds
3 Baths
2,464 Sq Ft
$1,542 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Sandy Beach
  • Plantation Key School Rated A-
  • Dock made with wood
  • 1-minute walk to Plantation Tropical Preserve

About This Home

Tired of waiting on Uber or Freebee? Why not make this stunning bayfront estate your own private slice of paradise, right in the heart of Islamorada? Just a flip-flop stroll away from local favorites like MEAT Eatery, Shima, Marker 88, and City Hall Cafe, this property places you at the vibrant core of island living. Behind its private, fully fenced grounds, you'll discover sweeping bay views and a rare tiki hut at the end of the dock--your new go-to spot for toasting unforgettable sunsets. Upstairs, the open-concept living area spills out through sliding glass doors onto a spacious, screened-in terrace, perfect for laid-back evenings or lively gatherings. This level also features three bedrooms and two baths, providing plenty of space for guests or family. Step down from the terrace to your own tropical oasis, complete with a pool, backyard, beach, and dock. The ground floor adds even more flexibility with two additional bedrooms, a bath, and a relaxed living area--ideal for guests or extended family. Whether you're looking for your forever getaway in the Keys or a smart investment when you're not soaking it all in yourself, this property is a rare find. Come see why life really is better by the bay.

Listing Agent

Alina Davis

Coldwell Banker Schmitt Islamorada License #3216995 Listed on: 05/23/2025

Coldwell Banker Schmitt Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,657

Year Built

  • Built in 1973

Lot Details

  • 0.52 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Fenced
  • Property is zoned R1 - Residential Single Family

Home Design

  • Concrete Roof
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,464 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Storage
  • Gulf Views
  • Impact Glass

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport
  • Electric Gate
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • Dock made with wood
  • Screened Balcony

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00414630-000000

Community Details

Overview

  • No Home Owners Association
  • Plant Beach Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,657

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Wood
  • Dockage Dock Length: 100
  • Fee Includes: None
  • 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, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 14656.58
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Covered Parking, Off Street Parking, Guest Parking, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1973
  • Alternate Key Number: 1510041
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 22800.00
  • Pool Info: In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Screened P/B
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2464.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Walk-in Closet(s), Storage, Pantry
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet, Wood
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 5

Exterior Features

  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Sandy Beach
  • Roof: Metal Roof, Concrete Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Elect Separate Meter, Buyer to Verify, Municipal Sewer
  • Heating: Central, Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,AE,0.2 PCT ANN
  • Parcel Number: 00414630-000000
  • Lot Size: 100 x 208 x 107 on bay x 247
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.52

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $14,557 $1,577,490 -- --
2023 $14,557 $1,531,544 $0 $0
2022 $14,285 $1,486,936 $0 $0
2021 $14,490 $1,443,628 $0 $0
2020 $14,358 $1,423,697 $0 $0
2019 $14,314 $1,391,689 $0 $0
2018 $13,984 $1,365,740 $0 $0
2017 $13,432 $1,337,650 $0 $0
2016 $13,928 $1,310,138 $0 $0
2015 $13,584 $1,301,031 $0 $0
2014 $13,609 $1,290,705 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $3,800,000 -- $1,542 / Sq Ft
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $600,000 --
Warranty Deed $399,000 --
Warranty Deed $120,000 --
Deed $95,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $845,000 New Conventional
Closed $800,000 Adjustable Rate Mortgage/ARM
Closed $150,000 Credit Line Revolving
Closed $800,000 Unknown
Closed $150,000 Balloon
Closed $480,000 New Conventional
Source: Public Records

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Source: Florida Keys Board of REALTORS®

MLS Number: 615167

Florida Keys Board of REALTORS®

APN: 00414630-000000