$360,000
SOLD FEB 7, 2025

101 Dorsett Dr Marathon, FL 33050

0.13 Acre
-- Price per Acre
6,022 Sq Ft Lot

Recently Sold

142% Above List Price

367 Days on Market

Highlights

  • Boat Ramp
  • Bay View
  • 1-minute walk to Long Key State Park
  • Coral Shores High School Rated A

About This Lot

As of February 2025

With the limited supply of available residential lots in the City of Marathon priced below $200k, this is a unique opportunity to not only purchase a lot below $150K, but purchase a lot that happens to be located on a private street in Grassy Key with a very rare neighborhood Boat Ramp, that you will have full access to along with a neighborhood Waterfront Park. That's right no waiting at the busy public boat ramps, you have direct access to your neighborhood boat ramp, which will provide quick access to get your boat in Open Water. The lot itself backs up to protected State owned land, so no homes should be built in your backyard offering true privacy & there is a potential for Open Water Views once you build your new home from the homes upper Porch or roof deck at approximately 34 feet above grade. Do not miss out on this opportunity. Included is a set of plans for a concrete home from a quality local builder. a Transferrable Building Right was added to this along with the $40K in transfer fees.

Last Agent to Sell the Property

Kenny Matlock

No Nonsense Real Estate Branch Office License #SL3410203 Listed on: 09/05/2023

Co-Listed By

Christopher Cioffi

No Nonsense Real Estate Branch Office License #3112687

Last Buyer's Agent

Kenny Matlock

No Nonsense Real Estate Branch Office License #SL3410203 Listed on: 09/05/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,286

Lot Details

  • 6,022 Sq Ft Lot
  • Property is zoned RL - Residential Low

Property Views

  • Bay Views

Listing and Financial Details

  • Assessor Parcel Number 00376220-000000

Community Details

Overview

  • Voluntary home owners association
  • Dorsett Sub Subdivision

Recreation

  • Boat Ramp

Property Details

Property Type

Land

Est. Annual Taxes

$1,286

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 4
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Grassy Key
  • Mile Marker: 59.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1286.31
  • Alternate Key Number: 1459291
  • Lot Sq Ft: 6022.00
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: No
  • Tax Exemptions: None
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: None
  • Waterfront: No
  • Waterview: Bay View

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00376220-000000
  • Land Size: Less Than 1/4 Acre
  • Building Permit: No Permit

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Feb 7, 2025
Sold by
Florida Keys Oz Homes Inc
Bought by
Florida Keys Homes Llc
Seller's Agent
Kenny Matlock
No Nonsense Real Estate Branch Office
Buyer's Agent
Kenny Matlock
No Nonsense Real Estate Branch Office
List Price
$149,000
Sold Price
$360,000
Premium/Discount to List
$211,000
141.61%
Views
625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10883.62%
Original Mortgage
$252,000
Outstanding Balance
$250,708
Interest Rate
9.38%
Mortgage Type
New Conventional
Estimated Equity
$2,464,625

Purchase Details

Listed on
Sep 5, 2023
Closed on
Feb 1, 2025
Sold by
Florida Keys Oz Homes Inc
Bought by
Florida Keys Homes Llc
Seller's Agent
Kenny Matlock
No Nonsense Real Estate Branch Office
Buyer's Agent
Kenny Matlock
No Nonsense Real Estate Branch Office
List Price
$149,000
Sold Price
$360,000
Premium/Discount to List
$211,000
141.61%
Views
625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$250,708
Interest Rate
9.38%
Mortgage Type
New Conventional
Estimated Equity
$2,464,625

Purchase Details

Closed on
May 3, 2021
Sold by
Spriggs Dein P and Spriggs Dein P
Bought by
Florida Keys Homes Llc

Purchase Details

Closed on
Nov 22, 2020
Sold by
Travers Robert E
Bought by
Spriggs Dein P and Dein P Spriggs Profit Sharing Trust

Purchase Details

Closed on
Sep 28, 2009
Sold by
Travers Robert E
Bought by
Travers Betty B

Purchase Details

Closed on
Mar 31, 2009
Sold by
Travers Betty B
Bought by
Travers Robert E

Purchase Details

Closed on
Dec 1, 1988
Bought by
Travers Betty B
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 Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed $360,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $70,000 Florida Title Professional
Quit Claim Deed $15,000 Accommodation
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $5,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $252,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 For Sale $3,200,000 +788.9% $1,298 / Sq Ft
02/11/2025 02/11/25 Price Changed $360,000 0.0% --
02/07/2025 02/07/25 Sold $360,000 +141.6% --
09/16/2024 09/16/24 For Sale $149,000 -58.6% --
09/05/2024 09/05/24 Off Market $360,000 -- --
09/05/2023 09/05/23 For Sale $149,000 -- --
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 $1,318 $139,259 $139,259 --
2023 $1,318 $129,849 $129,849 $0
2022 $1,286 $124,204 $124,204 $0
2021 $1,032 $92,212 $92,212 $0
2020 $457 $48,929 $48,929 $0
2019 $441 $48,929 $48,929 $0
2018 $419 $48,929 $48,929 $0
2017 $408 $48,929 $0 $0
2016 $406 $48,929 $0 $0
2015 $319 $27,099 $0 $0
2014 $293 $21,077 $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: 606555

APN: 00376220-000000