by RH Advisors

See Home Value
$3,950,000
House - Off Market

75831 Overseas Hwy

Islamorada, FL 33036
bedrooms
4 Beds
bathrooms
4 Baths
square feet
1512 Sqft
$3,935,306
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

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.
Unit Size
1,512Ft²
Days on Market
345 days
Land Size
0.81 acres
Price per sqft
$2,612
Property Type
House
Property Taxes
$1,681
HOA Dues
-
Year Built
1969
Last updated: 9 months ago (Miami MLS #A11417769)

Price History

Date / Event Date Event Price
Oct 12, 2023 Sold $3,950,000
Sold
Sep 25, 2023 In contract -
In contract
Aug 31, 2023 No longer available -
No longer available
Aug 20, 2023 Price Decreased $3,950,000
↓ $540K (12%)
Price Decreased
Jun 23, 2023 Price Decreased $4,490,000
↓ $460K (9.3%)
Price Decreased
Show More

Property Highlights

Parking Available
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Type: Unspecified basement
  • Basement Area: 496
  • Garage Type: Covered
  • Garage Square Area: 728
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 35,430
  • Lot Size Depth Feet: 3,550
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,190
  • Gross Building Area: 2,190
  • Building Area: 2,190
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,190
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MATE OCEAN BAY SUBD SEC 1 AMD EXT
  • Land Acres: 0.813
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BK 3 LT 17 MAT OCEAN BAY SEC 1 AMENDED & EXTENDED PB2-96 G56-217 G58-508 OR985-1979D/C OR985-1980 OR985-1981AFF OR1169-696P/R OR1268-508WILL CASE#93-20073-CP-08 OR1271-534 OR2098-501 OR2744-330 OR2841-1683 OR3246-1383

Ownership

  • Current Owner : OCEAN OASIS OF ISLAMORADA LLC
  • Previous Owner : OWOC FAMILY TRUST
  • Owner Before Previous Owner: GLYNN GRAHAM MICHAEL
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 970900

Zoning

  • Zoning: SR

Geography

  • Assessors Map Reference: 19-15
  • Account Number: 1487741
  • Section: 1
  • Parcel: 00395340-000000
  • Block: 3
  • Lot: 17
  • Meridian: SEC 15 TWN 64S RNG 36E
  • Municipality: ISLAMORADA VILLAGE OF ISLANDS
  • Latitude: 24.8658
  • Longitude: -80.7098

    Address

  • Full Address: 75831 Overseas Hwy
  • Address - House Number: 75831
  • Address - Street Name: Overseas
  • Address - Suffix Type: Hwy
  • State: FL
  • City Name: Islamorada
  • Carrier Code: R005
  • 4-Digit Zip Code: 4018
  • Zip Code: 33036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,168
  • Tax Rate Code Area: 50VI

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 4,114,395
  • High Value: 5,000,420
  • Low Value: 3,228,370

    Market Valuation

  • Market Total Value: $3,111,032
  • Market Land Value: $2,721,024
  • Market Improvement Value: $390,008

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,111,032
  • Assessed Land Value: $2,721,024
  • Assessed Improvements Value: $390,008

    Sales

  • Current Sale Contract Date: Oct 11, 2023
  • Current Sale Recording Date: Oct 12, 2023
  • Current Sale Transaction ID: 11914374189
  • Current Sale Price: $3,950,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2435750
  • Previous Sale Recording Date: Jun 04, 2015
  • Previous Sale Contract Date: Apr 13, 2015
  • Previous Sale Amount: $1,600,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: IMPAC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 04, 2015
  • Previous Mortgage Loan Amount: $1,200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2045



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,331 ft²
$3,524/ft²
$4,690,000 Jul 8, 2022
-
$1,287/mo

About Islamorada, Village of Islands


Similar Homes for Sale

Unit for sale at 75691 Overseas Highway, Lower Matecumbe, FL 33036

$4,690,000

  • 3 Beds
  • 2 Baths
  • 1,331 ft²
75691 Overseas Highway, Lower Matecumbe, FL 33036 Listing by LISA FRINS P.A.

Nearby Rentals



Frequently Asked Questions

When was property at 75831 Overseas Highway built and last sold?
The property at 75831 Overseas Highway was built in 1969 and last sold on Oct 11, 2023 for $3,950,000.
How much is this home worth?
The estimated value of the home located at 75831 Overseas Highway is $3,876,033.
What are some comparable homes to 75831 Overseas Highway?
Homes that are comparable to 75831 Overseas Highway include a house property at 75691 Overseas Highway, located in Lower Matecumbe, FL.

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