8 months on rocket

87429 Old Hwy, Islamorada, FL, 33036

$19,990,000

6 Bedrooms
6 Full Baths, 1 Partial
6,602 SqFt
$3,028/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Covered, Driveway
Garage8 spaces
Year BuiltNew Const., 2022
HeatingCentral
CoolingCentral Air
WaterfrontOcean Front
ViewOcean
MLS #A11539549
StatusActive

About 87429 Old Hwy

The Crown Jewel of Islamorada-The Oasis! This magnificent 6 bedroom,7 bathroom property is a true masterpiece.Sprawling over 2.8 acres & with over 400 ft of waterfront and its own large boat basin with new dockage and lift.This superbly landscaped estate, offers the ultimate luxury living experience.As you enter the property, the elevated driveway flows through the gorgeous landscape and unto the living level.You practically ''walk-on-water'' as you approach the exquisite front pivot door of the main house.Once inside, you'll be greeted by breathtaking panoramic views of the ocean from every angle. Step inside and be captivated by the high ceilings and hardwood flooring.This is truly the epitome of luxury living in the Florida Keys & The Oasis at 87429

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 2022
  • Stories: 2
  • Living Area: 6,602 SqFt

Listing Office:

  • Office Name: The Firm Realty Group
  • Office Phone: (305) 619-0257
  • Listing Agent: Pedro Riveiro

Interior Features

Interior Information:

  • Appliances: Gas Range
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Bedroom on Main Level, Second Floor Entry, First Floor Entry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front
  • View: Ocean
  • Exterior: Balcony, Barbecue, Deck, Security/High Impact Doors, Porch, Shutters Electric

Parking Information:

  • Garage Space: 8 spaces
  • Parking: Circular Driveway, Covered, Driveway

Virtual/3D Tour

  • Virtual Tour: 87429 Old Hwy
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $19,990,000
  • Price Per SqFt: $3,028/SqFt

Tax Information:

  • Annual Amount: $30,238
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Islamorada, FL.

Med. Sold Price

$1.3M

Med. Price/SqFt

$879

Avg. Days On Market

104

# of Sold Homes

4

87429 Old Hwy vs Islamorada

264 DAYS ON ROCKET

+160 Days

$19,990,000

+$18.6M More

$3,028/SqFt

+$2.1K More

KEY TAKEAWAY

This property is $18.6M more than the Median Sold Price and $2.1K/SqFt more than other homes in Islamorada, FL.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11539549

Listing Office:

  • Office Name: The Firm Realty Group
  • Office Phone: (305) 619-0257
  • Listing Agent: Pedro Riveiro

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$30,238$3,012,965
2018$24,751$1,855,373
2017$18,391$2,281,813

History based on county public records data.

Payment Calculator

$99.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$59.9K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-367352
7
/10
  • Ocean Studies Charter

  • 92295 Old Hwy

  • 4.55 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,186. Most Islamorada, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 87429 Old Hwy

What is the listing price of this property?

The listing price of 87429 Old Hwy property is $19,990,000.

What type of property is this?

The property 87429 Old Hwy is a house located in Islamorada, Florida, 33036.

Is this property for sale now?

Active Listing: 87429 Old Hwy is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $30,238 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 87429 Old Hwy has 6 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 87429 Old Hwy is 6,602 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 87429 Old Hwy is 2022.
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Rocket HomesFloridaMonroe CountyIslamorada3303687429 Old Hwy

This home is located at 87429 Old Hwy in Islamorada, FL and zip code 33036. This 6,602 square foot home was built in 2022. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since February 26, 2024 and is currently priced at $19,990,000.

Islamorada, FL housing market in October 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 4 sold below. The inventory of homes for sale in Islamorada, FL between September 2024 and October 2024 increased by 3.7%. In October 2024, listings were on the market for 104 days. During the same period, the median list price in this real estate market was $1,362,500.

From Rocket Homes Real Estate and based on county public records data.

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