#610778, Brett Newman, Listing Office: Coldwell Banker Schmitt Islamorada
$5,495,000 List price
87445 Old Hwy Islamorada, FL 33036
5 beds
4 full
4,014 sqft
1.8 acres
$1,369 / sqft
House
Property details
About 87445 Old Hwy
This stunning property spans 1.82 acres and is ideally located on the ocean in the heart of Islamorada, Florida Keys. A gated entry welcomes you leading to a Royal Palm-lined circular driveway up to a portico providing a grand entrance. Upon entering the foyer, the wrought iron staircase sets the stage for the impressive interior.With five spacious bedrooms and four well-appointed bathrooms, this residence offers ample space for family and guests. Enjoy stunning ocean views from various vantage points within the home, enhancing the comfort and breathtaking natural beauty. The observation dock provides a perfect spot for relaxation, while the saltwater pool equipped with heater/chiller, ensures year-round enjoyment. Added features are quartz countertops, top-of-the-line appliances and the Residential Estate zoning allows weekly vacation rentals with a high-income stream.This combination of amenities creates an inviting atmosphere that reflects the privacy and charm of the Florida Keys lifestyle.
Highlights
Home typeSingle Family Residence
StatusActive
Size4,014 sqft
Lot size1.82 Acres
Year built1999
ParkingOff Street
MLS #612079
WaterfrontOcean Front
ViewOcean
Private poolYes
Summary
- MLS Number: 612079
- MLS Name: KeyWest
- Office Name: Ocean Sothebys International Realty
- Office Phone: (305) 712-8888
- Listing Agent: Cheri Tindall
The data relating to real estate for sale on this web site comes in part from the IDX Program of Key West Association of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information 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. Copyright 2025 Key West Association of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 5:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,495,000
87445 Old Hwy
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 10, 2017 | Home Sold | $1,900,000 |
| Jun 11, 2005 | Home Sold | $1,900,000 |
| Aug 16, 2001 | Home Sold | $835,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $2,669,921 | $21,165 |
| 2022 | $2,192,717 | $18,847 |
| 2021 | $1,657,407 | $18,847 |
| 2020 | $1,669,333 | $17,487 |
| 2018 | $1,720,080 | $18,890 |
| 2017 | $2,243,679 | $23,566 |
History based on county public records data.
Nearby schools
9
Ocean Studies Charter
Public Charter KG-5
4.4 mi
•92295 Old Hwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $69,186. The majority of Islamorada, FL residents have income less than $<35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
33%
<35k
33%
35k-100k
27%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
54%
Single, No Kids
5%
Single, with Kids
31%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
5%
12-17 yrs old
12%
18-34 yrs old
55%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Yoga/pilates
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Chico's
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
Dominos Pizza
What do the neighbors drive?
Mazda
Lincoln
Cadillac
What do the neighbors listen to?
Rock
Classical
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 87445 Old Hwy
This home is located at 87445 Old Hwy in Islamorada, FL and zip code 33036. This 4,014 square foot home, which was built in 1999, sits on a 1.82 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 4, 2025 and is currently priced at $5,495,000.
Over 0 listings were sold over their listed price in February 2025 in Islamorada, FL. In the same period over 11 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Islamorada, FL increased by 8.6% between January and February 2025. While the average time on the market in February 2025 was 98 days, the median list price was $1,200,000.
From Rocket Homes Real Estate and based on county public records data.