$450,000
SOLD APR 11, 2025

10877 Overseas Hwy Unit 48 Marathon, FL 33050

1 Bed
2 Baths
850 Sq Ft
5 Acres

Recently Sold

$529 Per Sq Ft

10% Below List Price

52 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 April 2025

Discover your slice of paradise in this charming Marathon townhouse, perfectly positioned in the heart of the Florida Keys. This well-appointed 850-square-foot residence features one bedroom and two full bathrooms, offering an ideal layout for both permanent living and vacation rentals. This beautiful unit is being sold fully furnished and all appliances included. It features a great layout, new stainless-steel appliances, granite countertops and bathroom vanities, and is a wonderfully designed and decorated unit. The community stands out as a boater's dream, complete with dedicated boat docks and direct ocean access. Residents can embrace the authentic Keys lifestyle at the private tiki huts, perfect for socializing or simply unwinding while watching spectacular sunsets. The large community pool provides a refreshing retreat, surrounded by lush tropical landscaping that creates a serene atmosphere.Fishing enthusiasts will appreciate the immediate access to world-class fishing spots, while boating aficionados can easily navigate to either the Atlantic Ocean or Gulf of Mexico. The property's location in Marathon Shores offers convenient proximity to local restaurants, shopping, and entertainment options.Weekly rentals are permitted, making this property an excellent investment opportunity with strong rental income potential. Whether you're seeking a vacation home, investment property, or permanent residence, this townhouse offers an authentic Keys living experience with all the modern conveniences you desire. Exceptional hands-off property management and vacation rental services can be continued by buyer if desired, to include a rolodex of potential repeat renters. Many who come to visit never want to leave, so buy now while the opportunity is available and enjoy a lifetime of relaxation, fun adventures, boating, fishing, and a great community.

Last Agent to Sell the Property

Edward Nolan

Keystime Vacation Rentals License #3245704 Listed on: 01/23/2025

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

  • $4,191

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Ocean Front

Property Views

  • Ocean
  • Harbor

Home Design

  • Metal Roof

Interior Spaces

  • 850 Sq Ft Home
  • Furnished
  • Ceiling Fan

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Electric Gate
  • Assigned Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • First Come-First Served Dock
  • Seawall
  • Boat Ramp
  • Boat Slip
  • Balcony
  • Tiki or Chickee Hut

Utilities

  • Ductless Heating Or Cooling System
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include exterminating, common area mnt, building insurance, bldg exterior mnt
  • Ocean Isles Fishing Subdivision

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,191

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 650.00
  • 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
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4191.37
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Covered Parking
  • Year Built: 2022
  • Alternate Key Number: 8576081
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony
  • Association Info Condo Docs: Yes
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 850.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: New Construction
  • Sewer Hook Up: No
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Smoke Alarms, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 1

Exterior Features

  • Dockage: First Come Dock, Boat Slip, Boat Ramp
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut
  • 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
  • Heating: Ductless

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE,AE,VE,AE,VE
  • Parcel Number: 00326381-004800
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

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

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Range of Values:

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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: 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 $4,191 $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: Marathon and Lower Keys Association of REALTORS®

MLS Number: 613282

APN: 00326381-004800