Home » Islamorada » 87851 Old Hwy K 1 k1, Islamorada, FL 33036 | A11474933

87851 Old Hwy K 1 k1, Islamorada, FL 33036 | Sold

$1,399,000
closed for a price of $1,200,000

Property Highlights

Listing ID A11474933 Status of this Listing: Closed Sold Property Type Residential Condominium 4 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,813 Sqft/168.43 m2 approx. Building Area 1,813 Sqft/168.43 m2 approx. COMMUNITY POOL Year Built 1989 Waterfront Lease Term Minimum Duration: 30 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 30 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property from published date until Closing Date 304 Days
63 Photos of this Property

87851 Old Hwy K 1 k1, Islamorada, FL 33036

Property Description: Enjoy resort style living in an Oceanfront Serenity in Ocean Harbour!!!Spacious 4 bedrooms 2nd floor end unit with incredible ocean views, private spiral staircase to beautiful grounds & 35 ft boat slip. Enjoy water views from kitchen, breakfast nook, dining & living area, master suite & oceanfront wraparound balcony. Multiple sliding glass doors enhance views. Gated complex offers pool, beach, marina, tennis courts, electric car charger & clubhouse.

Useful Info

Contingency:Pending Inspections
Previous Asking Price:$1,449,000
Original List Price:$1,500,000
Close Price:$1,200,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • New Construction
Entry Level (floor):2
Entry Level Location:2
Construction Materials:
  • Block
Flooring:
  • Vinyl
Number of stories:4
Possible Use:
  • Investment

Property Features

Has View:Yes
View from the Property:
  • Bay
Waterfront:Yes
Waterfront Features:
  • Bayfront
Swimming Pool Features:
  • Association
Security:
  • Smoke Detector(s)
  • Complex Fenced
  • Other
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Freezer
  • Built-in Oven
  • Electric Range
  • Electric Water Heater
Interior Features:
  • Bedroom On Main Level
  • Elevator
  • Second Floor Entry
Exterior Features:
  • Deck
  • Security/high Impact Doors
  • Fence
  • Barbecue
  • Tennis Court(s)
Patio and Porch Features:
  • Deck
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Ceiling Fan(s)
Heating:Yes
Heating System:
  • Central
Building Features:
  • Exterior Lighting

Taxes and Expenses

Tax Annual Amount:$8,524

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$3,014
Association Fee Frequency:
  • Quarterly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Owner
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • No Pet Restrictions
Amenities Provided by the Homeowner's Association (HOA):
  • Boat Dock
  • Marina
  • Pool
  • Clubhouse
  • Barbecue
  • Elevator(s)
  • Fitness Center
  • Picnic Area
  • Tennis Court(s)
  • Pier
Subdivision Name:OCEAN HARBOUR
Association Fee Includes:
  • Maintenance Grounds
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Amenities
Complex Name:Ocean Harbour
Senior Community:No
Restrictions: OK To Lease

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space

More Details

Other Information:
Unit View: Bay
Housing Older Persons Act: No HOPA
Water Access: Community Boat Dock,Community Boat Ramp
Boat Services: Beach,Dock Owned/Included
Unit Design: Corner Unit
Type of Association: Condo
Minimum Number of Days for Lease: 30
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Exemptions
Number of times allowed to lease per year: 12
Flood Zone : AE,VE,X
Homeowner's Association Application Fee: 0
Style: Condo 1-4 Stories
FEMA Flood Zone Designations: AE,VE,X
Buy State: Florida
Buyer Country of Residence: USA
Water Access Description:Community Boat Dock,Community Boat Ramp

Zoning and Legal

Tax Legal Description:UNIT K-1 OCEAN HARBOUR, A CONDOMINIUM OR1199-1447 OR1388-718 OR1567-1326 OR1715-1876 OR1715-1878 OR2923-590
Real Estate Folio Number (Parcel Number):00415140-000149

Listing History

Update/EventDate/Days
Published Date:October 24, 2023 2:52 pm
On Market Date:October 24, 2023
Close Date:August 23, 2024
Price Change Date Time:April 21, 2024 8:29 am
Last Important Update Description:Closed
Date and Time of Last Important Update:August 26, 2024 10:07 am
Status Last Changed:August 26, 2024 10:07 am
Photos Last Modified:December 13, 2023 8:19 pm
Last Modified:August 26, 2024 2:08 pm
Days on the Market Reference Date:August 26, 2024
Days on the Market (updated on Last Modified*):281
Cumulative Days on the Market (updated on Last Modified**):281

Additional Information

Unit Location:Corner Unit
Number of Photos Count:63
Geographical Area:Other Geographic Area (Out Of Area Only)
Area:98 Florida Keys
Ref ID:1046455903
Courtesy of:Oceanica International Realty
Universal Property Id:US-12087-N-00415140000149-R-N

Location

Show Property Address:Yes
Street Name:Old Hwy K 1
Street Number:87851
Street Address:87851 Old Hwy K 1 k1
Unit Number:k1
City : Islamorada
State : Florida
Zip Code : 33036
County : Monroe County
Full Address:87851 Old Hwy K 1 k1, Islamorada, FL 33036
Latitude:N24° 58' 2.2''
Longitude:W81° 26' 28.6''

Neighborhood

Postal City:Islamorada

Property Map

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