NOT LISTED FOR SALE

10893 7th Avenue Gulf Marathon, FL 33050

Estimated Value: $640,941 - $923,000

5 Beds
2.5 Baths
1,779 Sq Ft
$443/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $545,000 $306 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,755/month

25 Days on Market

About This Home

As of August 2021

Adorable, well-maintained duplex located in a quiet neighborhood in Marathon, Florida. Surrounded by beautiful trees with a very large fenced in backyard and 2 enclosed patio areas! Perfect yard for a pool if desired. This property has income earning potential! 7 day vacation rentals or long-term rentals allowed. There are 3 bedrooms 1.5 baths on one side. Tenants are renting side with 2 bedrooms, 1 bath. Plenty of space for boat and trailer parking. Nearby public boat ramp.

Last Agent to Sell the Property

Kathleen Morgan

Florida Keys Real Estate LLC dba: Florida Keys Island Realty Listed on: 04/12/2021

Last Buyer's Agent

Derrick Johnson

Exit Realty Florida Keys MTH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,348

Year Built

  • Built in 1972

Lot Details

  • 4,125

Home Design

  • 1,779 Sq Ft Home
  • Duplex

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 4,125 Sq Ft Lot
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00335140-000100

Community Details

Overview

  • No Home Owners Association
  • Key Colony Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,348

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • First Right of Refusal: Yes
  • Mandatory HOA: No
  • Fee Includes: Other
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1348.22
  • Year Built: 1972
  • Alternate Key Number: 8595085
  • Lot Sq Ft: 4125.00
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1779.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Oven, Microwave, Freezer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Sq Ft Remarks: 1779 Sq ft (Both sides combined.) Additional 694 Square feet when porches are included in the square footage

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00335140-000100
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2021
Sold by
Smith Ronald and Smit Ronald B
Bought by
Mertsock Allen Landis and Jordan Clare Jeannie
Current Estimated Value
$787,485

Purchase Details

Listed on
Apr 12, 2021
Closed on
Aug 31, 2021
Sold by
Mertsock Allen Landis and Jordan Clare Jeannie
Bought by
Mertsock Allen Landis and Jordan Clare Jeannie
Seller's Agent
Kathleen Morgan
Florida Keys Real Estate LLC dba: Florida Keys Island Realty
Buyer's Agent
Derrick Johnson
Exit Realty Florida Keys MTH
List Price
$545,000
Sold Price
$545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$526,810
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2021
Sold by
Rb Smith Properties Llc
Bought by
Smith Ronald B

Purchase Details

Closed on
Apr 29, 2016
Sold by
Smith Ronald B and Smith Ramona Claudia
Bought by
Smith Ronald B

Purchase Details

Closed on
Nov 8, 2013
Sold by
Smith Ronald and Smith Ronald B
Bought by
Smith Ronald B and Smith Ramona Claudia

Purchase Details

Closed on
Nov 12, 2007
Sold by
Smith Ronald
Bought by
Resmith Properties Llc

Purchase Details

Closed on
Jun 1, 1990
Bought by
Smith Ronald B

Purchase Details

Closed on
Feb 1, 1987
Bought by
Smith Ronald B

Purchase Details

Closed on
Apr 1, 1981
Bought by
Smith Ronald B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mertsock Allen Landis $535,000 Attorney
Mertsock Allen Landis -- Attorney
Merstock Allen Land $545,000 Attorney
Smith Ronald B -- Attorney
Smith Ronald -- Attorney
Smith Ronald B -- None Available
Smith Ronald B -- Attorney
Resmith Properties Llc -- Attorney
Smith Ronald B $84,000 --
Smith Ronald B $62,600 --
Smith Ronald B $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merstock Allen Land $526,810
Previous Owner Smith Ronald $119,125
Previous Owner Smith Ronald $120,000
Previous Owner Smith Ronald $57,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $545,000 0.0% $306 / Sq Ft
06/02/2021 06/02/21 For Sale $545,000 0.0% $306 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/12/2021 04/12/21 Price Changed $545,000 +1.9% $306 / Sq Ft
04/12/2021 04/12/21 For Sale $535,000 -- $301 / 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 $5,969 $591,159 -- --
2023 $5,969 $591,446 $0 $0
2022 $5,608 $518,757 $257,813 $260,944
2021 $1,183 $95,327 $0 $0
2020 $1,348 $94,011 $0 $0
2019 $1,323 $91,898 $0 $0
2018 $1,284 $90,185 $0 $0
2017 $1,260 $88,331 $0 $0
2016 $1,257 $86,515 $0 $0
2015 $1,269 $85,914 $0 $0
2014 $1,274 $85,232 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595607

Florida Keys Board of REALTORS®

APN: 00335140-000100