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Sold for $1,030,000
  • $1,030,000

    87851 Old Hwy APT M3, Islamorada, FL 33036

    2beds
    1,536sqft
    Condominium
    Built in 1989
    -- sqft lot
    $1,038,100 Zestimate®
    $671/sqft
    $4,296 Estimated rent

    Home value

    $1,038,100

    $924,000 - $1.16M

    $4,296/mo

    Zestimate® history
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    What's special

    Tennis courtsFirst-floor unitAssigned covered parking spaceBoat launch for trailersLush tropical landscapingMeticulously raked beachesExtremely well maintained grounds
    Experience the relaxed lifestyle of Islamorada at its finest, at Ocean Harbor Condominiums. This first-floor unit sits directly above its assigned covered parking space and is conveniently closest to the elevator for easy access. A private backyard staircase leads you straight to the pool, and the beach is just steps from your door. This home can serve as a personal retreat or monthly vacation rental, and offers the perfect mix of comfort, convenience, and coastal charm. Inside, the spacious 2 bed/ 2-bath split floor plan offers 1,536 square feet of thoughtfully designed living space, providing privacy for guests, family, or friends. The primary suite features unobstructed ocean views, allowing you to wake up to the beauty of the sea each morning. The living room shares these sweeping vistas, perfect for tranquil sunrises. Enjoy your morning coffee on the porch or take a short walk to the Tiki Hut at the point, which offers ample entertainment space complete with barbecue grills and ice makers ideal for gatherings. Ocean Harbor is a gated community known for its extremely well maintained grounds, with meticulously raked beaches, freshly cut grass, and lush tropical landscaping. Resort style amenities include a large pool and jacuzzi, tennis courts, and a jetty with a Tiki Hut offering breathtaking, unobstructed ocean views. The beautifully appointed clubhouse features a gym, co-working space, and lounge areas. Outdoor grills are located throughout the beach area and near the clubhouse for casual entertaining. For boating enthusiasts, there's a boat launch for trailers, on-site boat storage, and slips available for rent for long term, which just might be cheaper than owning one and paying property taxes on the slip you own. Additional conveniences include electric vehicle charging stations, a pet-friendly policy allowing up to two pets of any size, and one assigned covered parking space. Call today for your private showing!

    Zillow last checked:

    Listing updated:

    Listed by:

    Bobby W Coe IV 305-363-9665,

    RE/MAX Keys Connection (KW),

    Kelly Randin 305-619-2322,

    RE/MAX All Keys Real Estate

    Bought with:

    Carolyn C Ambler, 3074981

    American Caribbean Real Estate, Christie's International Real Estate

    Joy C Martin, 0524075

    American Caribbean Real Estate, Christie's International Real Estate

    Source: FLKMLS,MLS#: 619193MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven
    Features
    • Built-in Features, Granite Counters, Storage, Walk-in Closet(s)
    • Flooring: Tile
    Interior area
    • Total structure area: 1,536
    • Total interior livable area: 1,536 sqft

    Property

    Parking
    • Parking features: Open, Storage
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Exterior features: Chickee Hut, Lighting, Sandy Beach, Storage, Tennis Court(s)
    • Has private pool: Yes
    • Pool features: In Ground, Concrete
    • Has spa: Yes
    • Spa features: Heated
    • Fencing: Fenced
    • On waterfront: Yes
    Details
    • Parcel number: 00415140000103
    • Zoning: MF - Multi-Family Attached

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • CBS, Concrete
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1989

    Utilities & green energy

    • Utilities for property: Water Separate Meter, Elect Separate Meter

    Community & HOA

    Community
    • Features: Clubhouse, Manager on Premises, Beach
    • Security: Security Gate
    • Subdivision: Ocean Harbor (87.5)
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Structure, Common Area Mnt, Security
    • HOA fee: $6,141 quarterly
    Location
    • Region: Islamorada

    Financial & listing details

    • Price per square foot: $671/sqft
    • Tax assessed value: $826,031
    • Annual tax amount: $7,898
    • Date on market: 3/25/2026

    Price history

    DateEventPrice
    9/18/2026Sold$1,030,000-4.2%$671/sqft
    Source: FLKMLS #619193 Report a problem
    7/31/2026Contingent$1,075,000$700/sqft
    Source: Key West AOR #619193 Report a problem
    3/25/2026Listed for sale$1,075,000-1.8%$700/sqft
    Source: Key West AOR #619193 Report a problem
    12/1/2025Listing removed$1,095,000$713/sqft
    Source: FLKMLS #615683 Report a problem
    10/4/2025Listed for sale$1,095,000$713/sqft
    Source: Key West AOR #615683 Report a problem
    9/27/2025Contingent$1,095,000$713/sqft
    Source: FLKMLS #615683 Report a problem
    7/5/2025Listed for sale$1,095,000+3.8%$713/sqft
    Source: Key West AOR #615683 Report a problem
    9/25/2024Listing removed$1,055,000$687/sqft
    Source: Key West AOR #609387 Report a problem
    8/14/2024Price change$1,055,000-1.9%$687/sqft
    Source: MLKAR #609387 Report a problem
    4/1/2024Listed for sale$1,075,000-0.5%$700/sqft
    Source: MLKAR #609387 Report a problem
    3/1/2024Listing removed--
    Source: Key West AOR #605764 Report a problem
    11/1/2023Price change$1,080,000-1.4%$703/sqft
    Source: MLKAR #605764 Report a problem
    9/15/2023Price change$1,095,000-1.8%$713/sqft
    Source: MLKAR #605764 Report a problem
    7/31/2023Price change$1,115,000-2.2%$726/sqft
    Source: MLKAR #605764 Report a problem
    6/24/2023Listed for sale$1,140,000+20.6%$742/sqft
    Source: MLKAR #605764 Report a problem
    8/31/2022Sold$945,000-5%$615/sqft
    Source: FLKMLS #600973 Report a problem
    8/27/2022Pending sale$995,000$648/sqft
    Source: FLKMLS #600973 Report a problem
    8/1/2022Contingent$995,000$648/sqft
    Source: FLKMLS #600973 Report a problem
    6/16/2022Price change$995,000-16.7%$648/sqft
    Source: FLKMLS #600973 Report a problem
    5/12/2022Listed for sale$1,195,000+75.7%$778/sqft
    Source: FLKMLS #600973 Report a problem
    8/14/2020Sold$680,000+16.2%$443/sqft
    Source: Public Record Report a problem
    12/13/2002Sold$585,000+178.6%$381/sqft
    Source: Public Record Report a problem
    2/7/1994Sold$210,000$137/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,898 -0.8%$826,031 -1.4%
    2024$7,964 -2.2%$837,977 0%
    2023$8,140 +21.7%$838,221 +30.9%
    2022$6,688 +9.1%$640,233 +10%
    2021$6,130 +10.9%$582,030 +12.6%
    2020$5,526 $517,023 +10.1%
    2019$5,526 +16.3%$469,531 +0.5%
    2018$4,751 +0.8%$467,153 +2.1%
    2017$4,713 +3.9%$457,545 +2.1%
    2016$4,537 -3.2%$448,135 +0.7%
    2015$4,689 $445,020
    Find assessor info on the county website

    Neighborhood: 33036

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,038,100
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    Estimated market value
    $1,038,100