Seller's Agent in 2024
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
(305) 797-1221
74 in this area
585 Total Sales
1055 122nd Street Ocean Marathon, FL 33050
Estimated Value: $5,654,000 - $8,482,000
6
Beds
6.5
Baths
6,094
Sq Ft
$1,209/Sq Ft
Est. Value
Highlights
- Airstrip
- Ocean Front
- Boat Lift
- Coral Shores High School Rated A
- Boat Ramp
- New Construction
About This Home
As of April 2024Palatial Modern Masterpiece with Ocean Views and incomparable amenities in desirable Yacht Harbor Island! The oceanfront property features a 120' of waterfront and composite dock with deep water access, 20k boat lift, kayak launch and fillet station. This expansive 8,919 sq. ft. (under roof) estate epitomizes luxury Keys living. The home was built by the present owner and designed to offer every convenience from the comfort of home. A flight of glorious marble stairs leads to stunning glass doors. Upon entry, turquoise Ocean Views are the focal point of the massive great room. A well-equipped Chef's kitchen with modern cabinetry, high-end stainless-steel appliances, and oversized kitchen island with granite countertops, waterfall edge, and additional seating, blends seamlessly with the elegant dining room. The formal living room boasts a wet bar, custom glass feature wall, and striking built-ins with fireplace. Enjoy Sunset Views from the upstairs or downstairs covered verandas, overlooking the resort-style pool and spa, and the Open Ocean beyond. The primary suite enjoys absolute privacy with its own wing, complete with two colossal walk-in closets, and massive en suite bathroom with custom glass shower and soaking tub. Five additional bedrooms, each with luxurious en suites, offer exceptional accommodation for guests. Blueprints allow for two additional bedrooms to be added to the existing floorplan. Bonus features include a home gym on the main floor, a spacious downstairs family room and kitchenette, and pantry with plumbing and electrical in place to convert to wine cellar! Furnished for supreme comfort with two whole-house generators, two on-demand water heaters, and three A/C units. The attached 3-car garage situated 8' above BFE, provides abundant storage out of the elements. The property is adorned with a lush, low-maintenance turf yard and tropical landscaping. Unpack and unwind at this elegant Marathon sanctuary. Schedule a showing today!
Last Agent to Sell the Property
Coldwell Banker Schmitt Lower Keys (KW) License #605677 Listed on: 06/30/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,003
Year Built
- Built in 2021 | New Construction
Lot Details
- 0.32 Acre Lot
- Ocean Front
- Property is zoned RM - Residential Medium
Home Design
- Metal Roof
Interior Spaces
- 6,094 Sq Ft Home
- Elevator
- Wet Bar
- Bar
- Cathedral Ceiling
- Ceiling Fan
- Fireplace
- Entrance Foyer
- Storage
- Home Gym
- Ocean Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Granite Countertops
- Built-In or Custom Kitchen Cabinets
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 6 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Dual Flush Toilets
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Monitored
- Complete Electric Power Shutters
- Impact Glass
Parking
- Garage
- Open Parking
- Off-Street Parking
Pool
- Heated In Ground Pool
- Outdoor Pool
- Saltwater Pool
Outdoor Features
- Airstrip
- Seawall
- Boat Lift
- Dock made with Composite Material
- Balcony
- Deck
- Lanai
- Exterior Lighting
- Outdoor Storage
Utilities
- Central Air
- Whole House Permanent Generator
- Propane
- Tankless Water Heater
- Public Hookup Available For Sewer
Listing and Financial Details
- Homestead Exemption
- Minimum Rental Period: 7
- Assessor Parcel Number 00357810-000000
Community Details
Overview
- No Home Owners Association
- Yacht Harbor Island Subdivision
- Rental Restrictions
Recreation
- Boat Ramp
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 30, 2023
Closed on
Apr 16, 2024
Sold by
Aranda Michael F and Aranda Tonya Lawson
Bought by
Jeffrey J Engler Trust and Engler
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Ally Kelley
Ocean Sotheby's International
List Price
$10,900,000
Sold Price
$8,200,000
Premium/Discount to List
-$2,700,000
-24.77%
Views
328
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,147,474
Avg. Annual Appreciation
-6.15%
Purchase Details
Listed on
Sep 21, 2020
Closed on
Dec 15, 2020
Sold by
Neukomm Dorothy S and Neukomm Dorothy S
Bought by
Aranda Michael F and Aranda Tonya Lawson
Seller's Agent
Joshua Mothner
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
554482 554482
Coldwell Banker Schmitt Real Estate Co.
List Price
$1,200,000
Sold Price
$1,025,000
Premium/Discount to List
-$175,000
-14.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.72%
Original Mortgage
$625,000
Interest Rate
3%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 4, 2016
Sold by
Rios Heidi
Bought by
Shaannon Robert and Shaannon Germaine
Purchase Details
Closed on
Mar 26, 1999
Sold by
Neukomm Dorothy S
Bought by
Neukomm Dorothy S
Purchase Details
Closed on
Oct 1, 1982
Bought by
Neukomm Dorothy S Dec Tr 6/17/1991
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jeffrey J Engler Trust | $8,200,000 | None Listed On Document | |
| Aranda Michael F | -- | Attorney | |
| Aranda Michael F | $1,025,000 | Attorney | |
| Shaannon Robert | $285,000 | None Available | |
| Neukomm Dorothy S | $100 | -- | |
| Neukomm Dorothy S Dec Tr 6/17/1991 | $202,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Aranda Michael F | $625,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/16/2024 04/16/24 | Sold | $8,200,000 | -24.8% | $1,346 / Sq Ft | |
| 06/30/2023 06/30/23 | For Sale | $10,900,000 | +963.4% | $1,789 / Sq Ft | |
| 12/17/2020 12/17/20 | Sold | $1,025,000 | -14.6% | $308 / Sq Ft | View Prior Sale |
| 09/21/2020 09/21/20 | For Sale | $1,200,000 | -- | $361 / Sq Ft |
Source: Marathon and Lower Keys Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $30,435 | $6,790,265 | $2,863,494 | $3,926,771 |
| 2024 | $30,376 | $3,312,981 | -- | -- |
| 2023 | $30,376 | $3,216,487 | $0 | $0 |
| 2022 | $30,003 | $3,122,803 | $1,041,348 | $2,081,455 |
| 2021 | $12,229 | $1,131,188 | $711,942 | $419,246 |
| 2020 | $6,205 | $572,236 | $0 | $0 |
| 2019 | $6,081 | $559,371 | $0 | $0 |
| 2018 | $5,792 | $548,942 | $0 | $0 |
| 2017 | $5,690 | $537,652 | $0 | $0 |
| 2016 | $5,737 | $526,594 | $0 | $0 |
| 2015 | $5,700 | $522,933 | $0 | $0 |
| 2014 | $5,787 | $518,783 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Ferringo
-
Sam Williams
Seller Co-Listing Agent in 2024
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
(305) 289-6532
441 in this area
554 Total Sales
-
Ally Kelley
Buyer's Agent in 2024
Ally Kelley
Ocean Sotheby's International
(305) 735-4095
87 in this area
127 Total Sales
-
Joshua Mothner
Seller's Agent in 2020
Joshua Mothner
Coldwell Banker Schmitt Real Estate Co.
(305) 942-9519
109 in this area
148 Total Sales
-
5
Buyer's Agent in 2020
554482 554482
Coldwell Banker Schmitt Real Estate Co.
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 605832
APN: 00357810-000000
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