NOT LISTED FOR SALE

111 Santa Barbara Marathon, FL 33050

Estimated Value: $1,302,505 - $1,462,000

0.22 Acre
$6,495,935 Price per Acre
9,342 Sq Ft Lot

Last Sold February 29, 2016

Last sale price $155,000

Est. 801% increase in value since last sale

Current estimated payment $7,862/month

127 Days on Market

Highlights

  • Home fronts a canal
  • Coral Shores High School Rated A
  • Corner Lot

About This Lot

As of February 2016

Beautiful corner, canal-front lot on secluded and desirable Flamingo Island. Clearing in process and ready to build with building plans and dock permit application in place. Seller is motivated. Near Sombrero Beach, shopping, restaurants, Aquarium Encounters, Turtle Hospital, Crane Point Hammock, 7 Mile Bridge and more Marathon attractions.

Last Agent to Sell the Property

Kimberly Portner

Coldwell Banker Schmitt Real Estate Co. License #3323922 Listed on: 09/16/2015

Last Buyer's Agent

Shane Couty

Island Breeze Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,098

Lot Details

  • 9,342 Sq Ft Lot
  • Home fronts a canal
  • Corner Lot
  • Property is zoned RM - Residential Medium

Additional Features

  • Canal Views
  • Electricity To Lot Line

Community Details

  • Flamingo Island Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 00356140-000000

Property Details

Property Type

Land

Est. Annual Taxes

$1,098

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Mile Marker: 49.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 1097.57
  • Title: Title Ins - Buyer
  • Alternate Key Number: 1437824
  • Dockage Dock Permit: Applied For
  • Lot Sq Ft: 9342.00
  • Species List: Yes
  • First Right of Refusal: No
  • Association Fee: 35.00
  • Mandatory HOA: Yes
  • Existing Utilities: Street Lights, Water Line, Sewer, Electric on Site
  • Location Site: Water Frontage, Corner Lot
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Recorded Plat: Yes
  • Miscellaneous Info R V Lot: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Vegetation Survey: Yes
  • Water Main Inquiry File: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Waterview: Canal View

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00356140-000000
  • Land Size: Less Than 1/4 Acre
  • Building Permit: Applied For Permit

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2015
Closed on
Feb 29, 2016
Sold by
Tedesco Gary and Tedesco Benjamin
Bought by
Ruggio James and Ruggio Karen
Seller's Agent
Kimberly Portner
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Shane Couty
Island Breeze Realty, LLC
List Price
$235,000
Sold Price
$155,000
Premium/Discount to List
-$80,000
-34.04%
Current Estimated Value
$1,396,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,241,626
Avg. Annual Appreciation
25.03%

Purchase Details

Closed on
Apr 27, 2012
Sold by
Rothdeutsch Thomas Carl and Rothdeutsch Judy Michelle
Bought by
Tedesco Gary and Tedesco Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 30, 2003
Sold by
Rhodes Gary G and Rhodes Frances M
Bought by
Rothdeutsch Thomas Carl and Rothdeutsch Judy Michelle

Purchase Details

Closed on
Sep 1, 1987
Bought by
Ruggio James and Ruggio Karen

Purchase Details

Closed on
Jan 1, 1978
Bought by
Ruggio James and Ruggio Karen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ruggio James $155,000 Attorney
Tedesco Gary $109,000 True Title Agency Inc
Rothdeutsch Thomas Carl $65,000 Century Title Corporation
Ruggio James $23,000 --
Ruggio James $3,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tedesco Gary $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2016 02/29/16 Sold $155,000 -34.0% --
01/21/2016 01/21/16 Pending -- -- --
09/16/2015 09/16/15 For Sale $235,000 -- --
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
2025 $6,530 $698,029 -- --
2024 $6,434 $640,471 -- --
2023 $6,434 $621,817 $0 $0
2022 $6,348 $603,706 $0 $0
2021 $6,208 $564,079 $252,987 $311,092
2020 $5,501 $499,982 $252,987 $246,995
2019 $1,456 $84,919 $84,919 $0
2018 $1,359 $77,842 $77,842 $0
2017 $1,361 $77,842 $0 $0
2016 $1,215 $78,127 $0 $0
2015 $1,205 $83,487 $0 $0
2014 $1,098 $56,826 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kimberly Portner

    Coldwell Banker Schmitt Real Estate Co.

  • S

    Buyer's Agent in 2016

    Shane Couty

    Island Breeze Realty, LLC

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 568482

Florida Keys Board of REALTORS®

APN: 00356140-000000

Florida Monroe County Marathon 33050

111 Santa Barbara, Marathon, FL

Not Listed for Sale

Lots

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