$140,000
SOLD JAN 8, 2021

10877 Overseas Hwy Unit 48 Marathon, FL 33050

1 Bed
2 Baths
286 Sq Ft
$159/mo HOA Fee

Recently Sold

$490 Per Sq Ft

20% Below List Price

29 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • Concrete Pool
  • Coral Shores High School Rated A
  • Dock Facilities
  • Clubhouse

About This Home

As of April 2025

PRE-CONSTRUCTION SALE! Take advantage of this opportunity before prices start going up. Only a few units left. This unit will offer one bedroom & one bath on the second Third floor, with separate living area, bathroom, dining & kitchen area. The old structures has been demolished already. Construction has begun!. This unit will be built on stilts, with parking underneath & one story of living space. This unit has an assessment of approximately $135K for the construction cost. The amount could be financed or paid in full out of pocket. The third story will be about additional $60K. This will be an amazing new complex with excellent amenities & endless ocean views from the common grounds, huge oceanfront pool area, a new marina, nice boat ramp, kids play ground, chickee huts throughout

Last Agent to Sell the Property

Robert Valenzuela

Century 21 Circle- Islamorada License #656432 Listed on: 11/28/2020

Century 21 Circle- Islamorada

Last Buyer's Agent

Frank Griffiths

Ocean Sotheby's International License #SL 3339550

Ocean Sotheby's International

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $958

Year Built

  • Built in 2021

Lot Details

  • Ocean Front

HOA Fees

  • $159 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 286 Sq Ft Home
  • Tile Flooring
  • Ocean Views
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Home Security

Parking

  • Attached Garage
  • Carport
  • Electric Gate

Pool

  • Concrete Pool
  • Pool Deck

Outdoor Features

  • First Come-First Served Dock
  • Dock Facilities

Utilities

  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00326381-004800

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$958

Year Built

Built in 2021

Lot Details

0

HOA Fees

$159 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 158.50
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: Yes
  • Marathon Neighborhood: Marathon East - Ocean (Airport to Vaca)
  • Mile Marker: 52.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Dockage, Other Area Features, Manager on Premises, Clubhouse, Community Boat Ramp
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 957.53
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Covered Parking, Attached
  • Year Built: 2021
  • Alternate Key Number: 8576081
  • Building Style: Townhouse
  • Cooling Heating: Ductless
  • Pool Info: Concrete, Decked
  • Pool Info Heated: Yes
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 286.00
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Granite Counter Top, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: No Appliances
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Appliances Other: no appli until built
  • Total Bedrooms: 1

Exterior Features

  • Dockage: Dock Privileges, First Come Dock
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Ocean View, No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,VE,VE
  • Parcel Number: 00326381-004800
  • Land Size: 10 or more Acres
  • Acres: 10.00

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 126.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2025
Closed on
Apr 9, 2025
Sold by
Everglades Llc
Bought by
Oceans 48 Llc
Seller's Agent
Edward Nolan
Keystime Vacation Rentals
Buyer's Agent
Frank Griffiths
Ocean Sotheby's International
List Price
$498,000
Sold Price
$450,000
Premium/Discount to List
-$48,000
-9.64%
Views
22
Current Estimated Value
$459,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,406
Avg. Annual Appreciation
7.96%

Purchase Details

Listed on
Nov 28, 2020
Closed on
Jan 8, 2021
Sold by
Gonzalez Jose M and Gonzalez Marilyn
Bought by
Everglades Llc
Seller's Agent
Robert Valenzuela
Century 21 Circle- Islamorada
Buyer's Agent
Frank Griffiths
Ocean Sotheby's International
List Price
$175,000
Sold Price
$140,000
Premium/Discount to List
-$35,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.53%

Purchase Details

Closed on
Dec 24, 2012
Sold by
Dilettoso Daniel J and Dilettoso Barbara A
Bought by
Gonzalez Jose M and Gonzalez Marilyn

Purchase Details

Closed on
Mar 27, 2001
Bought by
Gonzalez Jose M and Gonzalez Marilyn

Purchase Details

Closed on
Mar 1, 1995
Bought by
Gonzalez Jose M and Gonzalez Marilyn

Purchase Details

Closed on
Oct 1, 1989
Bought by
Gonzalez Jose M and Gonzalez Marilyn
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $450,000 None Listed On Document
Warranty Deed $140,000 Attorney
Warranty Deed $105,000 Absolute First Title Llc
Warranty Deed $60,000 --
Warranty Deed $50,000 --
Warranty Deed $29,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $450,000 -9.6% $529 / Sq Ft
03/16/2025 03/16/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $498,000 +255.7% $586 / Sq Ft
01/08/2021 01/08/21 Sold $140,000 -20.0% $490 / Sq Ft
12/27/2020 12/27/20 Pending -- -- --
11/28/2020 11/28/20 For Sale $175,000 -- $612 / 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
2024 $4,191 $432,225 -- $432,225
2023 $4,191 $411,881 $0 $411,881
2022 $1,336 $129,499 $0 $129,499
2021 $1,067 $129,499 $0 $129,499
2020 $1,010 $128,684 $0 $128,684
2019 $958 $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: Florida Keys Board of REALTORS®

MLS Number: 593532

Florida Keys Board of REALTORS®

APN: 00326381-004800