NOT LISTED FOR SALE

11252 5th Ave Gulf Marathon, FL 33050

Marathon Area

Estimated Value: $2,148,000 - $2,461,000

4 Beds
3 Baths
1,795 Sq Ft
$1,297/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2024

Last sale price $2,350,000 $1,309 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $13,976 / mo

7 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Dock made with concrete
  • Coral Shores High School Rated A
  • Beach
  • Tennis Courts

About This Home

As of February 2024

Welcome to your tropical paradise! This exquisite 4-bedroom, 3-bathroom waterfront home boasts a wide array of luxury amenities and a fully renovated interior that is sure to impress. As you step into this stunning property, you're greeted by an inviting open floor plan that seamlessly connects the living spaces. The beautiful kitchen, featuring stainless steel appliances, is a chef's dream, complete with a rare 6-burner Wolf gas stove with hood. Upstairs, the split floor plan offers privacy and comfort with 3 bedrooms and 2 bathrooms, while the downstairs includes an additional 1 bedroom and 1 bathroom suite. Great guest area or mother-in-law. Outside, the property doesn't disappoint with a dazzling pool area connected by a spiral staircase to an upper balcony where outdoor seating provides the ultimate vantage point for breathtaking Florida sunsets. The downstairs lanai invites you to dine al fresco, surrounded by gorgeous landscaping that includes a playful putt putt area and complete with a SWAT mosquito system. For boating enthusiasts, this home is a dream come true with 77 feet of dockage, a 20k boat lift, fish cleaning station, and both water and power available on the dock. The dock area is enhanced by a firepit, setting the stage for memorable evenings by the water. Additionally, the table outside the downstairs bedroom doubles as a firepit. The seawall is built on caprock and location offers quick access to both the ocean and the gulf. This home comes fully furnished, with some exclusions and personal items not included, allowing for an easy transition into your new coastal lifestyle or a turnkey solution if you choose to use the property as a vacation rental. There is a new standing seam metal roof and all new impact doors and windows. The meticulous renovation down to the drywall after purchase means every inch of this home has been touched with care and attention to detail. All the bells and whistles you could wish for in a luxury Florida Keys home!

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 01/15/2024

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Stephanie Cowart

Coastal Realty of the Florida Keys License #3520071

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,854

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • 8,485 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned RM - Residential Medium

Home Design

  • Metal Roof

Interior Spaces

  • 1,795 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Doors
  • Storage
  • Laundry Room
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

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

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

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

Pool

  • Heated In Ground Pool
  • Fiberglass Pool

Outdoor Features

  • Airstrip
  • Seawall
  • Dock made with concrete
  • Tennis Courts
  • Balcony
  • Patio
  • Outdoor Kitchen
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00335920-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Sub Subdivision

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,854

Year Built

Built in 1997 | Remodeled

Lot Details

8,485 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Dockage Seawall: Cut/Natural
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • 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
  • Neighborhood Feature: Community Boat Ramp, Bike Paths, Airstrip, Beach, Tennis Courts
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 14853.58
  • Vehicle Storage: Garage, Trailer Storage, Off Street Parking, Guest Parking, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1997
  • Alternate Key Number: 1413577
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ductless, Ceiling Fans(s)
  • Lot Sq Ft: 8485.00
  • Pool Info: In Ground, Fiberglass
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1795.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Smoke Alarms, Window Treatments, Walk-in Closet(s), Storage
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Ice Machine, Microwave, Oven, Range, Refrigerator
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Single Hung Windows, Impact Rstnce Window, Impact Rstnce Doors, Sliding Glass Doors
  • Total Bedrooms: 4
  • Accessibility Features: None

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Outdoor Kitchen, Rain Gutters
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE-7
  • Parcel Number: 00335920-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Feb 28, 2024
Sold by
Sikes William E and Sikes Kimberly L
Bought by
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Stephanie Cowart
Coastal Realty of the Florida Keys
List Price
$2,399,000
Sold Price
$2,350,000
Premium/Discount to List
-$49,000
-2.04%
Views
19
Current Estimated Value
$2,327,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,376
Avg. Annual Appreciation
-0.38%
Original Mortgage
$1,175,000
Outstanding Balance
$1,143,559
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$1,184,065

Purchase Details

Closed on
Jul 8, 2022
Sold by
Crossbow Holdings Iii Llc
Bought by
Sikes William E and Silkes Kimberly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,421,250
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2017
Sold by
Finney Kevin and Finney Dawn
Bought by
Crosshow Holdings Iii Llc

Purchase Details

Closed on
Nov 17, 1995
Sold by
Hess Lynn L
Bought by
Finney Kevin and Finney Dawn

Purchase Details

Closed on
Aug 1, 1984
Bought by
Finney Kevin and Finney Dawn

Purchase Details

Closed on
Feb 1, 1974
Bought by
Finney Kevin and Finney Dawn
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Marathon, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,350,000 None Listed On Document
Sikes William E $1,895,000 Wolfe Stevens Pllc
Crosshow Holdings Iii Llc $840,000 Attorney
Finney Kevin $60,000 --
Finney Kevin $38,000 --
Finney Kevin $4,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,175,000
Previous Owner Sikes William E $1,421,250
Previous Owner Finney Kevin $100,000
Previous Owner Finney Dawn R $164,150
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold $2,350,000 -2.0% $1,309 / Sq Ft
01/15/2024 01/15/24 For Sale $2,399,000 -- $1,336 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,344 $1,852,261 $683,933 $1,168,328
2024 $14,854 $1,528,808 $873,107 $655,701
2023 $14,854 $1,547,196 $831,530 $715,666
2022 $9,256 $1,103,498 $625,726 $477,772
2021 $7,993 $723,018 $299,351 $423,667
2020 $7,748 $709,780 $280,641 $429,139
2019 $7,786 $713,272 $274,405 $438,867
2018 $7,534 $714,485 $270,247 $444,238
2017 $6,878 $703,967 $0 $0
2016 $6,215 $555,149 $0 $0
2015 -- $399,848 $0 $0
2014 -- $396,675 $0 $0
Source: Public Records

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 608191

APN: 00335920-000000

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