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Sold for $510,000
  • $510,000

    79901 Overseas Hwy APT 208, Islamorada, FL 33036

    2beds
    981sqft
    Condominium, Residential - Condo/Townhouse
    Built in 1976
    -- sqft lot
    $501,600 Zestimate®
    $520/sqft
    $3,169 Estimated rent

    Home value

    $501,600

    $461,000 - $547,000

    $3,169/mo

    Zestimate® history
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    What's special

    Beautiful viewsAlligator reef lighthouseLocal hot spots
    MOTIVATED SELLER : A classic two bedroom, two bathroom condo in the Palms of Islamorada (MM 80) is situated on the crystal clear waters of the Atlantic Ocean with beautiful views out to Alligator Reef Lighthouse. The perfect location for a weekend getaway or a full-time residence, this home offers great potential to update and create your own coastal paradise. Enjoy easy access (by foot , bicycle or car) to local hot spots, shops, and attractions while taking advantage of all that Islamorada has to offer. This opportunity is one you don't want to miss! Furniture stays and basic kitchen necessities will remain. (Pots / Pans, Dinnerware, etc.)

    Zillow last checked:

    Listing updated:

    Listed by:

    Krissy Carnahan 305-522-0280,

    Realty ONE Group Destination (ISL)

    Bought with:

    Stephanie Monteagudo Cowart, P.A., 3520071

    Coastal Realty of the Florida Keys

    Source: FLKMLS,MLS#: 604982MLS LogoOriginating MLS: Florida Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Oven, Refrigerator
    Features
    • Windows: Impact Rstnce Window
    • Furnished: Yes
    Interior area
    • Total interior livable area: 981 sqft

    Property

    Parking
    • Parking features: Assigned, Covered, Guest
    Accessibility
    • Accessibility features: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Patio
    • Has private pool: Yes
    • Pool features: In Ground, Concrete
    • Has spa: Yes
    • Spa features: Private
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Oceanfront, Waterfront, Dockage: Boat Ramp
    Lot
    • Features: 2 Less Than 5 Acres
    Details
    • Additional structures: Chickee Hut
    • Parcel number: 00096770001200
    • Zoning: MF
    • Zoning description: Multi-Family Attached

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Residential - Condo/Townhouse
    Materials
    • CBS, Stucco, Concrete
    • Roof: Concrete,Combo Roof
    Condition
    • Year built: 1976

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Buyer to Verify

    Community & HOA

    Community
    • Security: Electric Gate
    • Subdivision: Palms of Isla (80.0)
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Security, Maintenance Grounds, Building Insurance, Water, Pest Control, Sewer
    • HOA fee: $840 monthly
    Location
    • Region: Islamorada

    Financial & listing details

    • Price per square foot: $520/sqft
    • Tax assessed value: $416,063
    • Annual tax amount: $2,574
    • Date on market: 10/20/2023
    • Listing terms: No Seller Finance,Conventional,Cash

    Price history

    DateEventPrice
    9/20/2023Sold$510,000-9.7%$520/sqft
    Source: FLKMLS #604982 Report a problem
    8/9/2023Contingent$565,000$576/sqft
    Source: Key West AOR #604982 Report a problem
    7/15/2023Listed for sale$565,000-5.7%$576/sqft
    Source: Key West AOR #604982 Report a problem
    6/21/2023Contingent$599,000$611/sqft
    Source: Key West AOR #604982 Report a problem
    4/30/2023Price change$599,000-7.7%$611/sqft
    Source: Key West AOR #604982 Report a problem
    4/17/2023Listed for sale$649,000$662/sqft
    Source: FLKMLS #604982 Report a problem
    4/17/2023Listing removed--
    Source: Key West AOR #604376 Report a problem
    3/30/2023Price change$649,000-10.4%$662/sqft
    Source: FLKMLS #604376 Report a problem
    3/1/2023Listed for sale$724,000+352.5%$738/sqft
    Source: FLKMLS #604376 Report a problem
    4/4/2000Sold$160,000+33.3%$163/sqft
    Source: Public Record Report a problem
    3/31/1995Sold$120,000$122/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,232 +1.4%$416,063 +1%
    2024$4,174 +59%$411,789 +50.3%
    2023$2,626 +2%$273,902 +3%
    2022$2,575 -1.2%$265,925 +3%
    2021$2,606 +0.9%$258,180 +1.4%
    2020$2,582 $254,616 +2.3%
    2019$2,582 +0.6%$248,892 +1.9%
    2018$2,566 +2.1%$244,252 +2.1%
    2017$2,514 +3.6%$239,229 +2.1%
    2016$2,426 -2.7%$234,309 +0.7%
    2015$2,493 $232,680
    Find assessor info on the county website

    Neighborhood: 33036

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $501,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $501,600