NOT LISTED FOR SALE

0 Ocotillo Ln Unit Lot 50 Marathon, FL 33050

Estimated Value: $1,507,000 - $1,719,000

0.2 Acre
$8,253,477 Price per Acre
8,711 Sq Ft Lot

Last Sold January 24, 2020

Last sale price $218,000

Est. 653% increase in value since last sale

Current estimated payment $9,716/month

29 Days on Market

Highlights

  • Beach
  • Coral Shores High School Rated A
  • Home fronts a canal

About This Lot

As of January 2020

This beautifully cleared canal front lot situated on the much desired Flamingo Isle offers the perfect setting for a dream home. It's the last vacant water front property on Ocotillo Lane. Only a short boat ride away from the Atlantic and close proximity to Sombrero Beach, local shopping and restaurants.

Last Agent to Sell the Property

Lissete Cadwell, P.A.

Florida Keys Realty Group LLC License #3254853 Listed on: 10/19/2019

Co-Listed By

Margaret Crowley

Florida Keys Realty Group LLC License #3209961

Last Buyer's Agent

Kristen Brenner

Florida Keys Real Estate Group License #BK3391013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $804

Lot Details

  • 8,711 Sq Ft Lot
  • Home fronts a canal
  • Cleared Lot
  • Property is zoned RM - Residential Medium

Property Views

  • Canal Views

Listing and Financial Details

  • Assessor Parcel Number 00355940-000000

Community Details

Overview

  • Flamingo Island Subdivision

Recreation

  • Beach

Property Details

Property Type

Land

Est. Annual Taxes

$804

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 3
  • Document Count: 3
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: Country Club (Sombrero Blvd & Flamingo)
  • Mile Marker: 49.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features, Beach
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 804.35
  • Title: Title Ins - Buyer
  • Alternate Key Number: 1437620
  • Dockage Dock Permit: No
  • Lot Sq Ft: 8711.00
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Location Site: Cleared Site
  • Miscellaneous Info Mobile Home Lot: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Waterview: Canal View

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00355940-000000
  • Land Size: Less Than 1/4 Acre
  • Building Permit: No Permit

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2021
Sold by
Mcintyre Lucy and Lucy Sumner Mcintyre Living Trust
Bought by
Mcintyre Lucy Sumner
Current Estimated Value
$1,642,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$872,200
Outstanding Balance
$803,946
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$838,496

Purchase Details

Closed on
Nov 9, 2021
Sold by
Dream America Properties Llc
Bought by
Mcintyre Lucy and The Lacy Sumner Mcintyre Livin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$872,200
Outstanding Balance
$803,946
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$838,496

Purchase Details

Listed on
Oct 19, 2019
Closed on
Feb 6, 2020
Sold by
Donald Macallaster
Bought by
Dream America Properties
Seller's Agent
Lissete Cadwell, P.A.
Florida Keys Realty Group LLC
Buyer's Agent
Kristen Brenner
Florida Keys Real Estate Group
List Price
$235,000
Sold Price
$218,000
Premium/Discount to List
-$17,000
-7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.99%

Purchase Details

Listed on
Oct 19, 2019
Closed on
Jan 27, 2020
Sold by
Macallaster Donald and Macallaster Valerie
Bought by
Dream America Properties
Seller's Agent
Lissete Cadwell, P.A.
Florida Keys Realty Group LLC
Buyer's Agent
Kristen Brenner
Florida Keys Real Estate Group
List Price
$235,000
Sold Price
$218,000
Premium/Discount to List
-$17,000
-7.23%

Purchase Details

Listed on
Oct 19, 2019
Closed on
Jan 24, 2020
Sold by
Donald Macallaster
Bought by
Dream America Properties
Seller's Agent
Lissete Cadwell, P.A.
Florida Keys Realty Group LLC
Buyer's Agent
Kristen Brenner
Florida Keys Real Estate Group
List Price
$235,000
Sold Price
$218,000
Premium/Discount to List
-$17,000
-7.23%

Purchase Details

Closed on
Jun 1, 1987
Bought by
Macallaster Donald and Macallaster Valerie

Purchase Details

Closed on
Mar 1, 1981
Bought by
Macallaster Donald and Macallaster Valerie

Purchase Details

Closed on
Feb 1, 1973
Bought by
Macallaster Donald and Macallaster Valerie
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcintyre Lucy Sumner -- None Listed On Document
Mcintyre Lucy $1,246,000 Bosshardt Title
Dream America Properties $218,000 --
Dream America Properties $218,000 Attorney
Dream America Properties $218,000 --
Macallaster Donald $40,000 --
Macallaster Donald $35,000 --
Macallaster Donald $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcintyre Lucy Sumner $872,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2020 01/24/20 Sold $218,000 -7.2% --
11/17/2019 11/17/19 Pending -- -- --
10/19/2019 10/19/19 For Sale $235,000 -- --
Source: Marathon and Lower Keys Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,227 $1,398,769 -- --
2023 $13,227 $1,358,029 $848,966 $509,063
2022 $11,720 $1,133,684 $638,936 $494,748
2021 $4,168 $316,152 $316,152 $0
2020 $1,490 $185,711 $185,711 $0
2019 $1,455 $182,147 $182,147 $0
2018 $1,432 $183,933 $183,933 $0
2017 $1,303 $150,287 $0 $0
2016 $1,309 $149,645 $0 $0
2015 $1,135 $102,781 $0 $0
2014 $1,231 $129,556 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 587867

APN: 00355940-000000