NOT LISTED FOR SALE

10877 Overseas Hwy Unit 111 Marathon, FL 33050

Estimated Value: $538,000 - $565,823

1 Bed
2 Baths
850 Sq Ft
$652/Sq Ft Est. Value

Last Sold January 08, 2025

Last sale price $555,000 $653 Per Sq Ft

Current estimated payment $4,092/month

146 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • New Construction
  • Coral Shores High School Rated A
  • Boat Slip
  • Concrete Pool

About This Home

As of January 2025

Experience the epitome of coastal elegance with this stunning one bedroom, two bathroom oceanfront condo. Boasting an impressive 850 square feet of newly rebuilt living space, this Florida Keys townhouse offers an unmatched blend of luxury and convenience. Nestled within the exclusive Ocean Isles Fishing Village, this concrete block construction is perfect for those seeking a modern retreat with the promise of lucrative seven-day rental opportunities. Step through the doors to find a meticulously crafted two-story floor plan featuring a fully-equipped kitchen, an inviting living room, and a pristine full bath on the main floor. Ascend to the upper level, where you'll be greeted by the expansive master suite, complete with a second full bath and a private balcony. Here, indulge in breathtaking views of the Atlantic Ocean that promise to enchant you every day. Outside, the enormous pool area serves as your personal sanctuary under the Florida Keys sun, with panoramic ocean vistas. Enjoy the convenience of easy water access with a private boat ramp, ensuring your boating adventures are always just moments away. Located in a sought-after community with a wealth of amenities, this property is more than just a home it's a gateway to the luxurious lifestyle you've been dreaming of. Ready to embrace the tranquility of oceanfront living? Your opportunity awaits.

Last Agent to Sell the Property

Frank Griffiths

Ocean Sotheby's International License #SL 3339550 Listed on: 06/28/2024

Ocean Sotheby's International

Last Buyer's Agent

Mark Gable

Engel & Volkers Marathon License #3472303

Engel & Volkers Marathon

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,675

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Ocean Front

HOA Fees

  • $642 Monthly HOA Fees

Property Views

  • Ocean
  • Harbor

Home Design

  • Metal Roof

Interior Spaces

  • 850 Sq Ft Home
  • Ceiling Fan

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Electric Gate
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • First Come-First Served Dock
  • Seawall
  • Boat Ramp
  • Boat Slip

Utilities

  • Ductless Heating Or Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00326381-011100

Community Details

Overview

  • Association fees include exterminating, common area mnt, building insurance, bldg exterior mnt
  • 125 Units
  • Ocean Isles Fishing Subdivision

Pet Policy

  • Pets Allowed

Security

  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,675

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$642 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 641.98
  • Mandatory HOA: Yes
  • Control Depth: 5
  • Dockage Seawall: Concrete
  • Fee Includes: Exterminating, Other, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Ocean (Airport to Vaca)
  • Mile Marker: 52.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4675.19
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Covered Parking
  • Year Built: 2022
  • Alternate Key Number: 8576404
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 850.00
  • Pre Wired: Cable
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dryer
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 1

Exterior Features

  • Dockage: First Come Dock, Boat Slip, Boat Ramp
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Ocean View, Harbor/Marina View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Cable Available, Elect Separate Meter, Water Separate Meter, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE,AE,VE,AE,VE
  • Parcel Number: 00326381-011100
  • Land Size: 5 Less Than 10 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 125.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Jan 8, 2025
Sold by
Rhadigan Michael P and Rhadigan Erma E
Bought by
Kalin Thomas D and Kalin Melinda L
Seller's Agent
Frank Griffiths
Ocean Sotheby's International
Buyer's Agent
Mark Gable
Engel & Volkers Marathon
List Price
$599,000
Sold Price
$555,000
Premium/Discount to List
-$44,000
-7.35%
Views
22
Current Estimated Value
$553,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,044
Avg. Annual Appreciation
-1.25%

Purchase Details

Closed on
Apr 25, 2018
Sold by
Ramirez Carlos M and Ramirez Patricia E
Bought by
Rhadigan Michael P and Rhadigan Erma E

Purchase Details

Closed on
Apr 9, 2018
Sold by
Ramirez Carlos M and Ramirez Patricia E
Bought by
Rhadigan Michael P and Rhadigan Erma E

Purchase Details

Closed on
May 12, 2009
Sold by
Beede Darren
Bought by
Ramirez Carlos M and Ramirez Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2008
Sold by
Beede Darren and Nace Sherry
Bought by
Beede Darren

Purchase Details

Closed on
Mar 30, 2005
Sold by
Ferreiro Alberto and Jimenez Lidia E
Bought by
Valenzuela Robert U and Valenzuela Elena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 27, 2002
Sold by
Schall Robert G
Bought by
Beede Darren and Beede Sherry

Purchase Details

Closed on
Dec 31, 2001
Sold by
George D Kinkade Iii I
Bought by
Wick Donald W

Purchase Details

Closed on
Jan 13, 1999
Sold by
Leonard James and Leonard Patricia
Bought by
Knowles Harry J and Lyons Kim J

Purchase Details

Closed on
May 20, 1998
Sold by
Williamson Paul
Bought by
Wozniak Ronald C and Wozniak Gail A

Purchase Details

Closed on
Mar 16, 1998
Sold by
Carrodeguas Vicente and Carrodeguas Marta
Bought by
Schall Robert G and Mills-Schall Kim

Purchase Details

Closed on
Jan 14, 1998
Sold by
Jayne Douglas
Bought by
Jayne Gregg D

Purchase Details

Closed on
Sep 12, 1997
Sold by
Reford Karen L
Bought by
Colangelo Anthony and Colangelo Nancy L

Purchase Details

Closed on
Sep 10, 1997
Sold by
Rodriguez Carlos
Bought by
Diaz Ruben A and Diaz Aleida M

Purchase Details

Closed on
Jul 21, 1997
Sold by
Carney Nereida F
Bought by
Defazio Mary and Defazio Joseph

Purchase Details

Closed on
Mar 18, 1997
Sold by
Navarrete Ignacio
Bought by
Kennedy Charles A and Kennedy Scott P

Purchase Details

Closed on
Jan 22, 1997
Sold by
Griffin Donald J and Griffin Daniel S
Bought by
Griffin Donald J

Purchase Details

Closed on
Aug 5, 1996
Sold by
Russell Marion
Bought by
Griffin Donald J and Griffin Daniel S

Purchase Details

Closed on
Jun 4, 1996
Sold by
Margaret J Young Tr
Bought by
Corbo Paul E and Gandek-Corbo Jean M

Purchase Details

Closed on
May 20, 1996
Sold by
Thomas Edward H and Thomas Marjorie A
Bought by
Thomas Edward H and Thomas Marjorie A

Purchase Details

Closed on
May 10, 1996
Sold by
Hernandez Alberto A and Hernandez Maria G
Bought by
Hernandez Maria G

Purchase Details

Closed on
May 7, 1996
Sold by
Boughner Dr N and Boughner Joan M
Bought by
Bohacik Michael G and Bohacik Kathryn

Purchase Details

Closed on
Feb 16, 1996
Sold by
Zas Maria E
Bought by
Ferenci Louis and Ferenci Donna

Purchase Details

Closed on
Feb 9, 1996
Sold by
Fiallo Federico and Fiallo Gloria V
Bought by
Fiallo Federico

Purchase Details

Closed on
Feb 6, 1996
Sold by
Wisch Jeffrey
Bought by
Hillen Wayne and Hillen Elaine

Purchase Details

Closed on
Dec 22, 1995
Sold by
Margaret J Young Tr
Bought by
Estefani Carols A and Estefani Alvaro J

Purchase Details

Closed on
Dec 19, 1995
Sold by
Alvarez Silvia
Bought by
Alvarez Silvia H and Alvarez Silvia

Purchase Details

Closed on
Nov 17, 1995
Sold by
Zas Maria E
Bought by
Gavic Glenn E and Gavic Bertha O

Purchase Details

Closed on
May 1, 1991
Bought by
Ramirez Carlos M and Ramirez Patricia E

Purchase Details

Closed on
Jan 1, 1982
Bought by
Ramirez Carlos M and Ramirez Patricia E
Source: Public Records

Range of Values:

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Average Value
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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
Kalin Thomas D $555,000 None Listed On Document
Rhadigan Michael P $130,000 None Listed On Document
Rhadigan Michael P $130,000 None Listed On Document
Ramirez Carlos M $95,000 Florida Keys Title Company
Beede Darren -- Attorney
Valenzuela Robert U $260,000 --
Beede Darren $82,000 --
Wick Donald W $80,000 --
Knowles Harry J $73,600 --
Wozniak Ronald C $65,000 --
Schall Robert G $68,000 --
Jayne Gregg D $100 --
Colangelo Anthony $64,400 --
Diaz Ruben A $58,500 --
Defazio Mary $45,000 --
Kennedy Charles A $55,000 --
Griffin Donald J -- --
Griffin Daniel S -- --
Griffin Donald J $53,000 --
Brooks Bobby R $44,000 --
Lewis Clarence J -- --
Corbo Paul E $42,000 --
Thomas Edward H -- --
Hernandez Maria G $100 --
Bohacik Michael G $45,000 --
Ferenci Louis $39,000 --
Fiallo Federico $100 --
Hillen Wayne $110,000 --
Estefani Carols A $42,357 --
Alvarez Silvia H $100 --
Gavic Glenn E $40,000 --
Ramirez Carlos M $37,000 --
Ramirez Carlos M $59,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Carlos M $82,500
Previous Owner Ramirez Carlos M $66,500
Previous Owner Brito Ricardo F $170,000
Previous Owner Valenzuela Robert U $208,000
Previous Owner Kurth Robert W $70,000
Previous Owner Caswell Donald L $195,000
Previous Owner Gavic Glenn E $67,220
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Sold $555,000 -7.3% $653 / Sq Ft
06/28/2024 06/28/24 For Sale $599,000 -- $705 / Sq Ft
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 $4,675 $518,231 -- $518,231
2023 $4,675 $506,731 $0 $506,731
2022 $1,618 $159,529 $0 $159,529
2021 $1,647 $159,529 $0 $159,529
2020 $1,476 $141,554 $0 $141,554
2019 $1,344 $125,508 $0 $125,508
2018 $1,071 $59,293 $0 $0
2017 $1,504 $107,466 $0 $0
2016 $1,436 $95,627 $0 $0
2015 $1,450 $95,627 $0 $0
2014 $1,454 $93,486 $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: 610582

APN: 00326381-011100