NOT LISTED FOR SALE

1057 68th St Marathon, FL 33050

Estimated Value: $1,271,000 - $1,681,000

3 Beds
1 Bath
1,595 Sq Ft
$934/Sq Ft Est. Value

Last Sold May 06, 2019

Last sale price $645,000 $404 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $8,613/month

65 Days on Market

Highlights

  • Airstrip
  • Ocean Front
  • Spa
  • Coral Shores High School Rated A
  • Dock made with wood
  • Sun or Florida Room

About This Home

As of May 2019

DESIRABLE GROUND LEVEL HOME - Better for vacation rentals! 7 day rentals are allowed in this ocean front, renovated, turn-key home! Currently property is an income producing vacation rental but would also make a great primary or 2nd home for the next owner! Centrally located in Marathon on a private, tree-lined 1/4 acre lot with enough room to park multiple cars & boat trailers. Additional features include over 100' of open water shoreline, 30' fishing pier that serves as a great paddle board/kayak launch, tons of outdoor living space including a hot tub with open water views, & updated landscaping with all new low maintenance pea rock yard. Current owner grossed $76k with 35 weeks occupancy in 2018 but could have easily done $8k more if not for Irma repairs & renovations during Jan-Feb.

Last Agent to Sell the Property

Caitlin McKinney

Coldwell Banker Schmitt Real Estate Co. License #SL3348825 Listed on: 01/13/2019

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Caitlin McKinney

Coldwell Banker Schmitt Real Estate Co. License #SL3348825 Listed on: 01/13/2019

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,232

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 0.25 Acre Lot
  • Ocean Front
  • Property is zoned RM - Residential Medium

Interior Spaces

  • 1,595 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • French Doors
  • Sliding Doors
  • Sun or Florida Room
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Airstrip
  • Seawall
  • Dock made with wood
  • Patio
  • Shed

Location

  • Ground Level

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Sea Crest Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00338970-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,232

Year Built

Built in 1967 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • Dockage Seawall: Cut/Natural
  • Fee Includes: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Mid-Town - Ocean (Sombrero to 71st)
  • Mile Marker: 50.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 5231.70
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking, Trailer Storage
  • Vehicle Storage Cars: 4+
  • Year Built: 1967
  • Alternate Key Number: 1416606
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 10865.00
  • Porch Balcony: Patio
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1595.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Microwave, Dryer
  • Floor: Carpet, Tile, Laminate
  • Specialty Rooms: Sun/Florida Room
  • Windows/Doors: French Doors, Single Hung Windows, Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Hot Tub, Shed, Storage, Outdoor Shower
  • Roof: Other Roof
  • Waterview: Ocean View, Open Water View
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE
  • Parcel Number: 00338970-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.25

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2019
Closed on
May 15, 2019
Sold by
Hideaway Cove Llc
Bought by
Ocean Oasis Llc
Seller's Agent
Caitlin McKinney
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Caitlin McKinney
Coldwell Banker Schmitt Real Estate Co.
List Price
$699,000
Sold Price
$645,000
Premium/Discount to List
-$54,000
-7.73%
Current Estimated Value
$1,490,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$845,098
Avg. Annual Appreciation
13.38%

Purchase Details

Listed on
Nov 22, 2013
Closed on
Jan 10, 2014
Sold by
Crane Baker Thompson and Crane Baker Barbara
Bought by
Hideaway Cove Llc
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
List Price
$478,000
Sold Price
$481,000
Premium/Discount to List
$3,000
0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%

Purchase Details

Closed on
Mar 9, 1998
Sold by
Codispoti Jeanine
Bought by
Crane-Baker Thompson and Crane-Baker Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 1997
Sold by
Mcdonald Fred D and Mcdonald Ann S
Bought by
Codispoti Jeanine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,600
Interest Rate
7.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1983
Bought by
Hideaway Cove Llc

Purchase Details

Closed on
Sep 1, 1979
Bought by
Hideaway Cove Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ocean Oasis Llc $645,000 None Listed On Document
Hideaway Cove Llc $481,000 Attorney
Crane-Baker Thompson $160,000 --
Codispoti Jeanine $137,500 --
Hideaway Cove Llc $146,800 --
Hideaway Cove Llc $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Codispoti Jeanine $115,299
Previous Owner Codispoti Jeanine $120,000
Previous Owner Codispoti Jeanine $130,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2019 05/06/19 Sold $645,000 -7.7% $404 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
01/13/2019 01/13/19 For Sale $699,000 +45.3% $438 / Sq Ft
01/10/2014 01/10/14 Sold $481,000 +0.6% $295 / Sq Ft View Prior Sale
11/28/2013 11/28/13 Pending -- -- --
11/22/2013 11/22/13 For Sale $478,000 -- $293 / Sq Ft
Source: Florida Keys Board 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
2025 $9,949 $1,539,254 $1,225,409 $313,845
2024 $9,493 $1,539,968 $1,225,409 $314,559
2023 $9,493 $1,477,611 $1,189,718 $287,893
2022 $7,839 $997,156 $757,453 $239,703
2021 $6,372 $538,966 $319,241 $219,725
2020 $6,291 $539,722 $319,241 $220,481
2019 $6,612 $723,894 $475,887 $248,007
2018 $5,232 $448,183 $356,915 $91,268
2017 $6,421 $574,173 $0 $0
2016 $6,354 $548,946 $0 $0
2015 $7,059 $622,509 $0 $0
2014 $2,248 $163,111 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 583681

Florida Keys Board of REALTORS®

APN: 00338970-000000