Sold for $3,950,000

$3,950,000

75831 Overseas Hwy, Islamorada, FL 33036

5beds

2,736sqft

Single Family Residence

Built in 1969

0.81 Acres Lot

$4,398,700 Zestimate^®

$1,444/sqft

$7,128 Estimated rent

Home value

$4,398,700

$3.96M - $4.88M

$7,128/mo

Zestimate^® history

Owner options

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$7,128/mo

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$7,128/mo

Rent Zestimate^®

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$24,272/mo

Est. payment

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$24,272/mo

Est. payment

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What's special

Private oceanfront estateSandy walk-in beachOutdoor barHammock retreat

Welcome to '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 while gazing at the ever-changing ocean colors. 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 and room for RV. 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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4

Heating

Has Heating (Unspecified Type)

Cooling

Central Air, Ceiling Fans(s)

Appliances

Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Freezer, Ice Maker, Stainless Steel Appliance(s)

Features

Storage, Quartz Countertops
Flooring: Tile
Furnished: Yes

Interior area

Total structure area: 2,736
Total interior livable area: 2,736 sqft

Property

Parking

Parking features: Open, Storage
Has uncovered spaces: Yes

Features

Patio & porch: Open Porch/Balcony, Patio
Exterior features: Bar, Lighting, Outdoor Shower, Sandy Beach, Storage
Has private pool: Yes
Pool features: In Ground
Has spa: Yes
Spa features: Heated
On waterfront: Yes

Lot

Size: 0.81 Acres
Dimensions: 100' x 355'

Details

Parcel number: 00395340000000
Zoning: RE - Residential Estate

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Condition

Updated/Remodeled
New construction: No
Year built: 1969

Utilities & green energy

Utilities for property: Cable Available

Community & HOA

Community

Features: Bike Paths
Security: On Premises System, Security System
Subdivision: Mat Ocean Bay (75.0)

HOA

Has HOA: No
Services included: None

Location

Region: Islamorada

Financial & listing details

Price per square foot: $1,444/sqft
Tax assessed value: $3,801,235
Annual tax amount: $19,257
Date on market: 10/31/2022
Listing terms: Seller Finance Psble,Cash,Conventional

Price history

Date	Event	Price
10/11/2023	Sold	$3,950,000$1,444/sqft
Source: FLKMLS #602942 Report a problem
9/21/2023	Pending sale	$3,950,000$1,444/sqft
Source: FLKMLS #602942 Report a problem
8/30/2023	Contingent	$3,950,000$1,444/sqft
Source: Key West AOR #602942 Report a problem
8/19/2023	Price change	$3,950,000-12%$1,444/sqft
Source: Key West AOR #602942 Report a problem
6/22/2023	Price change	$4,490,000-9.3%$1,641/sqft
Source: Key West AOR #602942 Report a problem
4/12/2023	Price change	$4,950,000-9.8%$1,809/sqft
Source: Key West AOR #602942 Report a problem
12/27/2022	Price change	$5,490,000-5.3%$2,007/sqft
Source: Key West AOR #602942 Report a problem
10/31/2022	Listed for sale	$5,800,000+262.5%$2,120/sqft
Source: Key West AOR #602942 Report a problem
6/4/2015	Sold	$1,600,000-10.9%$585/sqft
Source: Public Record Report a problem
3/19/2015	Pending sale	$1,795,000$656/sqft
Source: Coldwell Banker Schmitt Real Estate Co. #566822 Report a problem
2/10/2013	Listed for sale	$1,795,000-7.9%$656/sqft
Source: Coldwell Banker Schmitt Islamorada #560302 Report a problem
3/25/2012	Listing removed	$1,950,000$713/sqft
Source: Coldwell Banker Schmitt #546284 Report a problem
12/1/2011	Listed for sale	$1,950,000-2.3%$713/sqft
Source: Coldwell Banker Schmitt #546284 Report a problem
10/7/2011	Listing removed	$1,995,000$729/sqft
Source: Coldwell Banker Schmitt #546284 Report a problem
10/22/2010	Price change	$1,995,000-16.7%$729/sqft
Source: Coldwell Banker Schmitt #546284 Report a problem
11/23/2008	Price change	$2,395,000-4%$875/sqft
Source: Coldwell Banker Schmitt Real Estate Co. #546284 Report a problem
8/27/2008	Listed for sale	$2,495,000+24.8%$912/sqft
Source: Coldwell Banker Schmitt Real Estate Co. #546284 Report a problem
3/30/2005	Sold	$2,000,000$731/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$34,182 +11.6%	$3,670,889 +10%
2024	$30,639 +31.2%	$3,337,172 +55.1%
2023	$23,350 +15.8%	$2,152,151 +10%
2022	$20,168 +4.7%	$1,956,501 +10%
2021	$19,257 +11.8%	$1,778,637 +10%
2020	$17,227	$1,616,943 +10%
2019	$17,227 +4.5%	$1,469,948 +6.5%
2018	$16,488 +6.2%	$1,379,962 -9.7%
2017	$15,524 -6.8%	$1,528,628 +8.1%
2016	$16,660 +1.6%	$1,413,762 +22.3%
2015	$16,404	$1,156,325