NOT LISTED FOR SALE

11105 3rd Avenue Ocean Marathon, FL 33050

Estimated Value: $448,000 - $559,000

2 Beds
2 Baths
973 Sq Ft
$526/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $380,000 $391 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,080/month

84 Days on Market

Highlights

  • Key West Architecture
  • No HOA
  • Jalousie or louvered window
  • Coral Shores High School Rated A
  • Stainless Steel Appliances
  • Shutters

About This Home

As of October 2023

Little Venice is the location for this 2bedroom, 2 bath house. This solid CBS house was built to last. This house is located on a corner lot, and has easy access to parking on the stone yard and driveway from both streets. What appears to be a city owned lot (actually it is the undeveloped end of 111th st.) is located on the ocean at the end of the street. Thus, you can walk to the edge of the ocean.This house has been used as a Longterm rental for the last 10 years, and is now ready for a new owner. Nearly all new shutters come with the house. One of the lowest priced houses in Marathon, it won't last too long. Seller is anxious, so bring ALL offers. Listing agent is property owner.

Last Agent to Sell the Property

Mark Peterson

License #3282828 Listed on: 07/16/2023

Last Buyer's Agent

Patricia Nickless

Prudential Keyside Prop/BPK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,541

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 2,750 Sq Ft Lot
  • Property is zoned RL - Residential Low

Home Design

  • Key West Architecture
  • Tar and Gravel Roof

Interior Spaces

  • 973 Sq Ft Home
  • Ceiling Fan
  • Jalousie or louvered window
  • Awning
  • Shutters
  • Single Hung Windows
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Kitchen
  • Handicap Accessible
  • Accessible Doors
  • Accessible Parking

Outdoor Features

  • Patio
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Little Venice Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00344230-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,541

Year Built

Built in 1955 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Handicap Access: Yes
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Ocean (Airport to Vaca)
  • Mile Marker: 53.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3540.81
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Off Street Parking
  • Year Built: 1955
  • Alternate Key Number: 1422151
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 2750.00
  • Porch Balcony: Patio
  • Shutters: Clam Shell, Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 973.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Jalousie Windows, Awning Windows, Aluminum Windows, Single Hung Windows
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Full Bath, Parking, Accessible Kitchen, Accessible Doors

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Shed
  • Roof: Tar/Gravel Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00344230-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2023
Closed on
Oct 27, 2023
Sold by
Mark F Peterson Revocable Living Trust
Bought by
Lms Residential Properties Llc
Seller's Agent
Mark Peterson
Buyer's Agent
Patricia Nickless
Prudential Keyside Prop/BPK
List Price
$499,000
Sold Price
$380,000
Premium/Discount to List
-$119,000
-23.85%
Views
140
Current Estimated Value
$512,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,247
Avg. Annual Appreciation
17.52%

Purchase Details

Closed on
Jul 13, 2022
Sold by
Peterson Mark F
Bought by
Mark F Peterson Revocable Living Trust

Purchase Details

Closed on
Jan 21, 2016
Sold by
Derwin Sheila S
Bought by
Peterson Mark F

Purchase Details

Closed on
Jun 25, 1998
Sold by
Smith Margaret
Bought by
Derwin Sheila S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,750
Interest Rate
7.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 1996
Sold by
Jean F De St Croix Tr
Bought by
Smith Margaret

Purchase Details

Closed on
Sep 3, 1993
Sold by
Morrison Agnes R
Bought by
De St Croix Jean F
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Lms Residential Properties Llc $380,000 None Listed On Document
Mark F Peterson Revocable Living Trust -- None Listed On Document
Peterson Mark F $148,000 None Available
Derwin Sheila S $81,000 --
Smith Margaret $68,000 --
De St Croix Jean F $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Margaret $35,000
Previous Owner Smith Margaret $60,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $380,000 -9.3% $391 / Sq Ft
10/08/2023 10/08/23 Pending -- -- --
10/03/2023 10/03/23 Price Changed $419,000 -2.3% $431 / Sq Ft
09/21/2023 09/21/23 Price Changed $429,000 -2.3% $441 / Sq Ft
09/09/2023 09/09/23 Price Changed $439,000 -2.2% $451 / Sq Ft
08/30/2023 08/30/23 Price Changed $449,000 -2.2% $461 / Sq Ft
08/18/2023 08/18/23 Price Changed $459,000 -2.1% $472 / Sq Ft
08/07/2023 08/07/23 Price Changed $469,000 -2.1% $482 / Sq Ft
07/29/2023 07/29/23 Price Changed $479,000 -2.0% $492 / Sq Ft
07/22/2023 07/22/23 Price Changed $489,000 -2.0% $503 / Sq Ft
07/16/2023 07/16/23 For Sale $499,000 -- $513 / 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 $3,535 $414,812 $260,563 $154,249
2023 $3,535 $388,051 $242,688 $145,363
2022 $3,541 $328,665 $188,375 $140,290
2021 $3,212 $240,221 $127,875 $112,346
2020 $2,955 $217,589 $91,438 $126,151
2019 $2,943 $222,027 $107,250 $114,777
2018 $2,699 $209,457 $99,000 $110,457
2017 $2,478 $176,679 $0 $0
2016 $2,226 $203,108 $0 $0
2015 $1,926 $130,963 $0 $0
2014 $1,759 $93,077 $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: 606015

APN: 00344230-000000