Home » Islamorada » 87200 Overseas Hwy N5, Islamorada, FL 33036 | A11554620

87200 Overseas Hwy N5, Islamorada, FL 33036 | For Sale

$699,000
Price has decreased by $100,000

Property Highlights

Listing ID A11554620 Status of this Listing: Active For Sale Property Type Residential Townhouse 3 Bedrooms 3 Bathrooms Total 2 Full Bath 1 Half Bath Living Space 1,368 Sqft/127.09 m2 approx. Building Area 1,368 Sqft/127.09 m2 approx. COMMUNITY POOL Year Built 1980 Lease Term Minimum Duration: 12 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 12 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 on Rebonus 151 Day(s)
38 Photos of this Property

87200 Overseas Hwy N5, Islamorada, FL 33036

Property Description: Discover paradise in this recently remodeled townhouse nestled within the sought-after Executive Bay Club! Boasting 3 bedrooms, 2.5 bathrooms, and a loft, this residence offers ample space for comfortable living. Enjoy a spacious living area, a modern kitchen equipped with brand new stainless steel appliances, and the convenience of a washer and dryer. Entertain guests on the backyard patio while savoring delightful afternoons. Positioned on the southern side of the complex, this home provides easy access to the pool, bayfront sandy beach, and newly installed dock. With Founders Park nearby, gated entrance with 24-hour security, and an array of amenities, including full furnishings, this property in Islamorada embodies luxurious coastal living!

Useful Info

Previous Asking Price:$725,000
Original List Price:$799,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • Other
Entry Level (floor):1
Entry Level Location:1
Construction Materials:
  • Block
Flooring:
  • Wood
  • Other
Number of stories:2

Property Features

View from the Property:
  • Garden
Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Security Guard
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Other
  • Electric Range
Interior Features:
  • First Floor Entry
  • Closet Cabinetry
  • Kitchen/dining Combo
  • Bedroom On Main Level
  • Built-in Features
Exterior Features:
  • Patio
Patio and Porch Features:
  • Patio
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$3,811

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:2023
Association Fee:$3,900
Association Fee Frequency:
  • Quarterly
Property Tax Status:Tax Reflects City & County Tax

Terms

Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
  • Va Loan
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Boat Dock
  • Marina
  • Pool
  • Clubhouse
  • Other
Subdivision Name:EXECUTIVE BAY CLUB
Association Fee Includes:
  • Common Areas
  • Amenities
Complex Name:EXECUTIVE BAY CLUB
Senior Community:No
Restrictions: Other Restrictions

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Assigned
  • Open
  • Other

More Details

Other Information:
Unit View: Garden View
Housing Older Persons Act: No HOPA
Unit Design: Other
Type of Association: Homeowners
Minimum Number of Days for Lease: 12
Type of Governing Bodies: Homeowner Association
Pet Fee: 0
Tax Information: Tax Reflects City & County Tax
Number of times allowed to lease per year: 30
Flood Zone : AE,VE,X
Homeowner's Association Application Fee: 0
Style: Villa Fee Simple
FEMA Flood Zone Designations: AE,VE,X

Zoning and Legal

Tax Legal Description:UNIT N-5 EXECUTIVE BAY CLUB CONDOMINIUM PHASE III BUILDING N OR831-1542 OR3230-2404
Real Estate Folio Number (Parcel Number):00093243-003800
Public Survey Section:18

Listing History

Update/EventDate/Days
Published Date:March 21, 2024 5:30 pm
On Market Date:March 21, 2024
Price Change Date Time:May 22, 2024 10:55 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:May 22, 2024 10:55 am
Status Last Changed:March 21, 2024 5:30 pm
Photos Last Modified:August 19, 2024 9:21 pm
Last Modified:August 19, 2024 8:52 pm
Days on the Market Reference Date:August 19, 2024
Days on the Market (updated on Last Modified*):151
Cumulative Days on the Market (updated on Last Modified**):151

Additional Information

Unit Location:Other
Number of Photos Count:38
Geographical Area:Other Geographic Area (Out Of Area Only)
Area:98 Florida Keys
Ref ID:1063557076
Automated Valuation Display:Yes
Courtesy of:EXP Realty, LLC
Universal Property Id:US-12087-N-00093243003800-R-N

Location

Show Property Address:Yes
Street Name:Overseas Hwy
Street Number:87200
Street Address:87200 Overseas Hwy N5
Unit Number:N5
City : Islamorada
State : Florida
Zip Code : 33036
County : Monroe County
Full Address:87200 Overseas Hwy N5, Islamorada, FL 33036
Latitude:N24° 57' 52.2''
Longitude:W81° 26' 1.8''

Neighborhood

Postal City:Islamorada

Property Map

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