Home » Islamorada » 81801 Overseas Highway 631, Islamorada, FL 33036 | A11591686

81801 Overseas Highway 631, Islamorada, FL 33036 | Sold

$575,000
closed for a price of $505,000

Property Highlights

Listing ID A11591686 Status of this Listing: Closed Sold Property Type Residential Hotel/motel In a Condo Hotel 1 Bedrooms 1 Bathrooms Total 1 Full Bath POOL Year Built 1988 Waterfront Has view of the Ocean Lease Term Minimum Duration: 1 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 1 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 55 Days
38 Photos of this Property

81801 Overseas Highway 631, Islamorada, FL 33036

Property Description: Exquisite Oceanfront Historic Cheeca Lodge Resort and Spa in Islamorada! Welcome to your unparalleled opportunity to own an exceptional income-producing property in the heart of Islamorada, the Sportfishing Capital of the World. This top floor double queen bed condotel, situated in the renowned Cheeca Lodge Resort and Spa, offers the perfect blend of luxury, convenience, and investment potential. Beautiful turn-key suite provides you with resort style living. Immerse yourself in the tropical paradise with 2 tiki bars, spa and fitness facility, and three heated swimming pools. Enjoy direct access to the beach and dock. Nightly rentals allowed, providing a lucrative income stream. Onsite management ensures hassle-free property maintenance and guest services.

Useful Info

Contingency:No Contingencies
Original List Price:$575,000
Close Price:$505,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Condo-hotel
Entry Level (floor):1
Entry Level Location:1
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:4

Property Features

Has View:Yes
View from the Property:
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
Swimming Pool Features:
  • Heated
Security:
  • Fire Sprinkler System
  • Door Man
  • Key Card Entry
  • Security Guard
  • Lobby Secured
  • Complex Fenced
  • Other
Interior Features:
  • Bar
Exterior Features:
  • Porch
  • Patio
  • Fruit Trees
  • Tennis Court(s)
Patio and Porch Features:
  • Patio
  • Open
  • Porch
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Ceiling Fan(s)
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$3,565

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
Property Tax Status:Tax Reflects City & County Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Boat Dock
  • Marina
  • Pool
  • Sauna
  • Spa/hot Tub
  • Cabana
  • Playground
  • Elevator(s)
  • Fitness Center
  • Tennis Court(s)
  • Basketball Court
  • Golf Course
Subdivision Name:Strattons
Community Features:
  • Golf Course Community
Association Fee Includes:
  • Amenities
Complex Name:Cheeca Lodge
Senior Community:No
Restrictions: Daily Rentals Allowed

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • Guest
  • Open

More Details

Other Information:
Unit View: Ocean View,Direct Ocean
Housing Older Persons Act: No HOPA
Unit Design: None
Type of Association: None
Minimum Number of Days for Lease: 1
Type of Governing Bodies: Other
Pet Fee: 0
Tax Information: Tax Reflects City & County Tax
Number of times allowed to lease per year: 365
Homeowner's Association Application Fee: 0
Style: Condo-Hotel
Municipal Code: 0
Buy State: Florida
Buyer Country of Residence: USA
Water Access Description:Private Dock

Zoning and Legal

Tax Legal Description:UNIT 631 & .2433% COMMON ELEMENTS HOTEL CONDOMINIUM AT CHEECA LODGE RESORT OR2076-1887/88
Real Estate Folio Number (Parcel Number):9079497
Public Survey Township:50
Public Survey Section:24

Listing History

Update/EventDate/Days
Published Date:May 21, 2024 11:48 am
On Market Date:February 15, 2024
Close Date:July 15, 2024
Price Change Date Time:May 21, 2024 11:48 am
Last Important Update Description:Closed
Date and Time of Last Important Update:August 20, 2024 11:43 am
Status Last Changed:August 20, 2024 11:43 am
Photos Last Modified:May 21, 2024 4:13 pm
Last Modified:August 20, 2024 3:44 pm
Days on the Market Reference Date:August 20, 2024
Days on the Market (updated on Last Modified*):117
Cumulative Days on the Market (updated on Last Modified**):117

Additional Information

Unit Location:None
Number of Photos Count:38
Geographical Area:Other Geographic Area (Out Of Area Only)
Area:98 Florida Keys
Ref ID:1075615672
Automated Valuation Display:Yes
Courtesy of:Langley Knight Gardner Islamorada
Universal Property Id:US-12087-N-9079497-R-N

Location

Show Property Address:Yes
Street Name:Overseas Highway
Street Number:81801
Street Address:81801 Overseas Highway 631
Unit Number:631
City : Islamorada
State : Florida
Zip Code : 33036
County : Monroe County
Full Address:81801 Overseas Highway 631, Islamorada, FL 33036
Latitude:N24° 54' 58.1''
Longitude:W81° 21' 54.9''

Neighborhood

Postal City:Islamorada

Property Map

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