NOT LISTED FOR SALE

11181 1st Avenue Ocean Marathon, FL 33050

Estimated Value: $645,000 - $779,000

2 Beds
1 Bath
1,048 Sq Ft
$685/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $664,000 $634 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,389/month

9 Days on Market

About This Home

As of April 2023

Great Boating! Waterfront, concrete home with end of street privacy. Approximately 60' of water frontage at the end of the canal: on a large turning basin (perfect for big boats). Complete with a new boat lift, newer windows, new accordion shutters, stainless steel refrigerator, large stainless front-loading washer and dryer, furniture, dishes and cookware included. The single ply membrane roof is approximately 4 years old and the HVAC unit also approximately 4 years old. Ready for vacation rental and 7-day rentals are allowed! Direct, deep-water access; minutes to the ocean. Centrally located in Marathon; a short bicycle ride to restaurants, the Airport, shops and attractions. Vacant and easy to show.

Last Agent to Sell the Property

Fred Mullins

Coldwell Banker Schmitt Real Estate Co. (KW) License #3048048 Listed on: 02/22/2023

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

David Grego

Island Breeze Realty Branch Office License #BK3107004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,816

Year Built

1958

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
  • Control Depth: 4
  • Dockage Dock: Wood
  • Dockage Dock Length: 50
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Ocean (Airport to Vaca)
  • Mile Marker: 53.00
  • 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: 5529.00
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1958
  • Alternate Key Number: 1422053
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 2850.00
  • Porch Balcony: Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1048.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Microwave, Range, Refrigerator, Dryer
  • Floor: Tile
  • Windows/Doors: Glass Doors, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence, Storage, Shed
  • Roof: Other Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00344130-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Apr 3, 2023
Sold by
Morrison Mark A
Bought by
Lecompte Peter
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
David Grego
Island Breeze Realty Branch Office
List Price
$620,000
Sold Price
$664,000
Premium/Discount to List
$44,000
7.1%
Views
27
Current Estimated Value
$717,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,916
Avg. Annual Appreciation
3.29%

Purchase Details

Listed on
Dec 17, 2020
Closed on
Apr 7, 2021
Sold by
Mader Douglas and Diethelm Mader Geraldine
Bought by
Morrison Mark A
Seller's Agent
Brian Schmitt
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$529,500
Sold Price
$512,000
Premium/Discount to List
-$17,500
-3.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%

Purchase Details

Closed on
Sep 29, 2004
Sold by
Rosenbrook Phyllis
Bought by
Mader Douglas and Mader Geraldine Diethelm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1973
Bought by
Mader Douglas and Mader Geraldine Deithelm
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
Lecompte Peter $664,000 --
Morrison Mark A $512,000 Attorney
Mader Douglas $450,000 Chicago Title Of The Fl Keys
Mader Douglas $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mader Douglas $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $664,000 +7.1% $634 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $620,000 +21.1% $592 / Sq Ft
04/07/2021 04/07/21 Sold $512,000 -3.3% $489 / Sq Ft
12/17/2020 12/17/20 For Sale $529,500 -- $505 / Sq Ft
Source: Key West 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 $5,816 $646,786 $427,329 $219,457
2023 $5,816 $567,705 $398,003 $169,702
2022 $5,529 $528,518 $354,711 $173,807
2021 $3,688 $383,366 $240,198 $143,168
2020 $3,481 $384,298 $223,440 $160,858
2019 $3,244 $386,562 $217,854 $168,708
2018 $2,938 $326,701 $221,345 $105,356
2017 $3,064 $401,510 $0 $0
2016 $2,731 $313,103 $0 $0
2015 $2,402 $243,864 $0 $0
2014 $2,018 $150,129 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fred Mullins

    Seller's Agent in 2023

    Fred Mullins

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-5341

    75 Total Sales

    Fred Mullins
    Section Image

  • D

    Buyer's Agent in 2023

    David Grego

    Island Breeze Realty Branch Office

    Section Image
  • Brian Schmitt

    Seller's Agent in 2021

    Brian Schmitt

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 289-6500

    108 Total Sales

    Brian Schmitt
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 604293

Key West Association of REALTORS®

APN: 00344130-000000

Florida Monroe County Marathon 33050

11181 1st Avenue Ocean, Marathon, FL

This home is located at 11181 1st Avenue Ocean, Marathon, FL 33050 since 22 February 2023 and is currently estimated at $717,916, approximately $685 per square foot. This property was built in 1958. 11181 1st Avenue Ocean is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Key West Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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