NOT LISTED FOR SALE

109 Avenue E Marathon, FL 33050

Estimated Value: $2,711,000 - $3,864,000

4 Beds
5 Baths
4,129 Sq Ft
$816/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $3,880,000 $940 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $19,877/month

55 Days on Market

Highlights

  • Airstrip
  • Beach
  • Boat Ramp
  • Coral Shores High School Rated A
  • Dock made with wood
  • Boat Lift

About This Home

As of August 2023

Welcome to 109 Avenue E, in heart of the Florida Keys! This extraordinary Coastal Contemporary home is not just any residence, it is the personal masterpiece & residence of the builder. Boasting top-of-the-line finishes & impeccable craftsmanship, this property is a true testament to luxury living. The Main residence is a spacious 3 bedroom/3 bath comfortable & stylish retreat. Thoughtfully designed to create an inviting atmosphere, blending modern elegance with coastal charm. From marble floors, to 10 ft ceiling heights, 8 ft solid wood doors and crown molding, there are simply too many high end finishes & details to mention. One highlight of this property is the 855 sq ft guest (or onsite caretaker) apartment, providing a private oasis for visitors or extended family members. With its own separate entrance, the guest apartment offers a cozy living space, great kitchen, large bedroom & full bathroom, ensuring the ultimate comfort & privacy. The boating enthusiast will be delighted by the dockage available for up to 5 boats, 27,000 lb lift - plenty of space for your yacht, center console, skiff and jet skis. Whether you want to explore the crytal-clear waters, embark on fishing adventures, or simply enjoy a relaxing sunset cruise, this property offers the perfect launching point for all your aquatic endeavors. Additionally, a personal boat ramp allows for easy water access, ensuring that your boating experiences are seamless and convenient. The Keys are known for stunning natural beauty & vibrant marine life. Living at 109 Avenue E means you'll have access to an array of recreational activities, world-class fishing, beaches & delicious dining options - all just moments away from your doorstep. Don't miss this exceptional opportunity to own a builder's personal residence with unparalleled finishes, a guest apartment, 3-car garage, ample boat dockage, and personal boat ramp. Marvelous Pool & Patio are in process. This home is the epitome of luxury island living.

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 05/23/2023

Ocean Sotheby's International

Last Buyer's Agent

Coby Taylor

Taylor & Assoc. RE, Inc. License #2474439

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,886

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Home fronts a canal
  • Property is zoned RM - Residential Medium

Home Design

  • Metal Roof

Interior Spaces

  • 4,129 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Workshop
  • Canal Views

Kitchen

  • Range
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • Carport
  • Guest Parking
  • Off-Street Parking
  • RV or Boat Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Airstrip
  • Seawall
  • Boat Lift
  • Boat Ramp
  • Dock made with wood
  • Balcony
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00364090-000000

Community Details

Overview

  • No Home Owners Association
  • Coco Plum Beach Subdivision
  • RV Parking in Community

Recreation

  • Beach
  • Bike Trail

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,886

Year Built

Built in 2020 | New Construction

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: Concrete
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Coco Plum
  • Mile Marker: 54.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Airstrip, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 11886.02
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Trailer Storage, Covered Parking, RV Parking Open, Off Street Parking, Guest Parking, Carport
  • Vehicle Storage Cars: 3
  • Year Built: 2020
  • Alternate Key Number: 1446891
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 12100.00
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony, Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 4129.00
  • Pool Info Other: To be Built
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Property Condition: New Construction, Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Quartz Countertops, Walk-in Closet(s), Smoke Alarms, Security System, Granite Counter Top, Entrance Foyer, Pantry, Split Bedroom, Cathedral Ceilings, Wet Bar
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Gas Appliances, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Marble
  • Specialty Rooms: Laundry Room, Workshop
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Lift, Boat Ramp
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: Central Station Sys
  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00364090-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.25

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Aug 25, 2023
Sold by
Peterson James and Peterson Lori
Bought by
Heisler Key Llc
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Coby Taylor
Taylor & Assoc. RE, Inc.
List Price
$4,100,000
Sold Price
$3,880,000
Premium/Discount to List
-$220,000
-5.37%
Views
87
Current Estimated Value
$3,368,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$511,515
Avg. Annual Appreciation
-5.86%

Purchase Details

Closed on
Sep 29, 2005
Sold by
Weichselbaum Edwin and Weichselbaum Barbara
Bought by
Peterson James and Peterson Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 16, 2002
Sold by
Domeyer William and Domeyer Dana
Bought by
Weichselbaum Edwin and Weichselbaum Barbara

Purchase Details

Closed on
Jul 24, 1997
Sold by
Marjorie Conlin Tr
Bought by
Domeyer William and Domeyer Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1994
Sold by
Seckinger Owen J and Seckinger Geraldine M
Bought by
Ivancic Marjorie

Purchase Details

Closed on
Jun 1, 1994
Bought by
Peterson James and Peterson Lori

Purchase Details

Closed on
Feb 1, 1971
Bought by
Peterson James and Peterson Lori
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Heisler Key Llc $3,880,000 None Listed On Document
Peterson James $1,275,000 --
Weichselbaum Edwin $625,000 --
Domeyer William $300,000 --
Ivancic Marjorie $265,000 --
Peterson James $265,000 --
Peterson James $6,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson James $1,020,000
Previous Owner Domeyer William $116,125
Previous Owner Domeyer William $59,000
Previous Owner Domeyer William $275,000
Previous Owner Domeyer William $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2023 08/25/23 Sold $3,880,000 -5.4% $940 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $4,100,000 -- $993 / 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
2025 $26,739 $2,920,225 $1,010,375 $1,909,850
2024 $13,099 $2,736,656 $877,275 $1,859,381
2023 $13,099 $1,236,619 $0 $0
2022 $11,886 $1,101,816 $0 $0
2021 $12,037 $1,069,725 $0 $0
2020 $3,491 $209,144 $0 $0
2019 $3,440 $210,494 $0 $0
2018 $3,245 $191,625 $0 $0
2017 $3,212 $189,482 $0 $0
2016 $3,181 $181,424 $0 $0
2015 $4,296 $332,865 $0 $0
2014 $4,238 $317,915 $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: 605418

APN: 00364090-000000