NOT LISTED FOR SALE

11240 3rd Avenue Gulf Marathon, FL 33050

Estimated Value: $1,394,000 - $1,660,000

3 Beds
3 Baths
1,765 Sq Ft
$878/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $1,300,000 $737 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $9,233/month

4 Days on Market

Highlights

  • Concrete Pool
  • Home fronts a canal
  • Outdoor Kitchen
  • Coral Shores High School Rated A
  • Fruit Trees
  • Sun or Florida Room

About This Home

As of November 2021

Casually and coastally elegant, this Gulfside garden cottage is perfectly nestled on an 8,485 sf lot with three bedrooms, three bathrooms, 1,765 sf living area, one-car garage and 77 ft concrete seawall with step down dock and fish cleaning station. CBS-built ground level residence remodeled by D'Asign Source fully protected with hardie board siding, metal roof, and hurricane shutters. New AC and new exterior paint in 2020. New pool heater in 2021. Charming white picket fence, garden entry trellis and professional landscaping surround the front yard with travertine pavered driveway and walkways. Explore the interior upon entry into the open-concept living area and custom designed Chef's kitchen featuring granite countertops, solid wood cabinets, propane stove with range, stainless steel appliances, and breakfast bar. Enjoy the private domain of the master suite with expansive walk-in closet, French patio doors leading to the pool and ensuite bathroom with marble topped double vanity and tiled step-in shower. Spacious second bedroom features additional fully updated ensuite bathroom. Custom finishes adorn the hallway bathroom for guests conveniently located next to the third bedroom. Escape to the secluded paradise backyard with lush tropical landscaping, white coral stone pavers, plus concrete heated pool and spa. Experience the coastal breeze under the covered lanai while grilling up the catch of the day in the custom designed, granite topped outdoor kitchen. This is the ultimate Florida Keys investment in Marathon sold fully furnished with vacation rental bookings through 2022.

Last Agent to Sell the Property

Ally Kelley

Ocean Sotheby's International License #SL3352184 Listed on: 09/30/2021

Ocean Sotheby's International

Last Buyer's Agent

David Grego

Island Breeze Realty Branch Office License #BK3107004

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,778

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 8,485 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Sprinkler System
  • Fruit Trees
  • Property is zoned RH - Residential High

Home Design

  • Tar and Gravel Roof
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,765 Sq Ft Home
  • Furnished
  • Bar
  • Ceiling Fan
  • Shutters
  • Blinds
  • French Doors
  • Sun or Florida Room
  • Storage
  • Tile Flooring
  • Canal Views
  • Home Security System

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa
  • Pool Deck

Outdoor Features

  • Seawall
  • Balcony
  • Outdoor Kitchen
  • Lanai
  • Attached Grill

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Key Colony Sub Subdivision

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00335800-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,778

Year Built

Built in 1960 | Remodeled

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 Length: 77
  • Dockage Seawall: Concrete
  • Document Count: 7
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (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: Bay/Gulf
  • State Province: FL
  • Taxes: 6778.17
  • Vehicle Storage: Garage, Off Street Parking, Open Parking, Guest Parking
  • Year Built: 1960
  • Alternate Key Number: 1413445
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless, Central Air
  • Lot Sq Ft: 8485.00
  • Pool Info: Concrete, In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1765.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Security System, Window Treatments, Walk-in Closet(s), Storage, Granite Counter Top, Dade County Pine, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Oven, Refrigerator, Range, Microwave, Freezer, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Sun/Florida Room
  • Windows/Doors: French Doors, Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Hardi Board Siding
  • Exterior Features: Built-in Grill, Sprinkler System, Outdoor Kitchen, Fruit Tree(s), Lanai, Hot Tub, Fencing
  • Roof: Metal Roof, Tar/Gravel Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, Propane, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00335800-000000
  • Lot Size: 77.14 x 110
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2023
Sold by
Dale Douglas and Dale Rolanda
Bought by
Young Eric L and Young Sara J
Current Estimated Value
$1,549,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,216,000
Outstanding Balance
$1,177,756
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$372,126

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 8, 2021
Sold by
Ellington Properties Oz 2 Llc
Bought by
Dale Douglas and Dale Rolanda
Seller's Agent
Ally Kelley
Ocean Sotheby's International
Buyer's Agent
David Grego
Island Breeze Realty Branch Office
List Price
$1,492,000
Sold Price
$1,300,000
Premium/Discount to List
-$192,000
-12.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%

Purchase Details

Closed on
Mar 13, 2020
Sold by
Bertsch Danny B
Bought by
Ellington Properties Oz 2 Llc

Purchase Details

Closed on
Mar 12, 2020
Sold by
Bertsch Danny B
Bought by
Ellington Properties Oz 2 Llc

Purchase Details

Closed on
Apr 20, 2015
Sold by
Vanbeuren Kim
Bought by
Vanbeuren Paul

Purchase Details

Closed on
Sep 20, 2010
Sold by
Dascanio Amedeo and Dascanio Lynn
Bought by
Bertsch Danny B

Purchase Details

Closed on
Feb 3, 2006
Sold by
Kluck Joyce M
Bought by
Seas The Day Fl Keys Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.21%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 7, 2005
Sold by
Smith Leroy and Smith Saundra J
Bought by
Vb Enterprises Inc

Purchase Details

Closed on
Aug 18, 2003
Sold by
Kluck Joyce M
Bought by
Dascanio Amedeo and Dascanio Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Young Eric L $1,520,000 --
Dale Douglas $1,300,000 Florida Title Professional
Ellington Properties Oz 2 Llc $860,000 None Listed On Document
Ellington Properties Oz 2 Llc $860,000 None Listed On Document
Vanbeuren Paul -- None Available
Bertsch Danny B $637,500 Attorney
Seas The Day Fl Keys Inc $495,000 None Available
Vb Enterprises Inc $1,600,000 --
Dascanio Amedeo $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Eric L $1,216,000
Previous Owner Seas The Day Fl Keys Inc $412,500
Previous Owner Dascanio Amedeo $322,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2021 11/08/21 Sold $1,300,000 -12.9% $737 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $1,492,000 -- $845 / 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 $12,196 $1,378,842 $873,107 $505,735
2023 $12,196 $1,287,359 $831,530 $455,829
2022 $11,514 $1,132,982 $625,726 $507,256
2021 $7,599 $683,124 $299,351 $383,773
2020 $6,778 $610,198 $280,641 $329,557
2019 $6,770 $609,030 $274,405 $334,625
2018 $6,463 $600,462 $270,247 $330,215
2017 $6,462 $621,997 $0 $0
2016 $6,010 $534,055 $0 $0
2015 $5,691 $516,449 $0 $0
2014 $5,294 $448,347 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 597927

Florida Keys Board of REALTORS®

APN: 00335800-000000