11275 5th Avenue Ocean Marathon, FL 33050
4
Beds
3
Baths
1,701
Sq Ft
5,991
Sq Ft Lot
Highlights
- Ocean Front
- In Ground Pool
- No HOA
- Coral Shores High School Rated A
- Furnished
- Balcony
About This Home
As of April 2025Welcome to Mystic Waters your tropical paradise in Marathon, Florida Keys! This stunning 4-bedroom, 3-full bath home is a rare gem directly nestled along the picturesque shores of the Atlantic Ocean. Meticulously remodeled to the studs and thoughtfully reimagined by the renowned local designer, Liz Samess Interiors, this residence is a testament to coastal elegance and luxury.As you step into this exquisite property, you'll be greeted by a seamless blend of modern comfort and upscale coastal charm. The brand-new kitchen is a culinary haven, boasting state-of-the-art appliances, sleek countertops, and ample storage space. The three full baths have been completely renovated to offer a spa-like experience, featuring high-end fixtures and contemporary design elements.Liz Samess Interiors has worked her magic throughout, ensuring that every corner of this home exudes sophistication. The coastal furnishings, curated with impeccable taste, are negotiable, allowing you to tailor this haven to your personal style.Imagine waking up to the gentle sound of waves and enjoying your morning coffee on your private oceanfront terrace. With panoramic views of the turquoise waters, this home provides an unparalleled connection to nature. The expansive living spaces seamlessly flow from indoors to outdoors, creating the perfect setting for entertaining or simply unwinding with loved ones.Beyond its breathtaking aesthetics, this property offers an incredible investment opportunity. With its prime oceanfront location and the allure of the Florida Keys, this home is poised to become a highly sought-after vacation rental. Whether you're looking for a luxurious full-time residence or a lucrative income-generating property, this home caters to your every need.Don't miss the chance to make this coastal masterpiece yours - a haven where the beauty of the Florida Keys converges with the epitome of refined living. Schedule your private viewing today
Last Agent to Sell the Property
Coco Plum Real Estate Brokerage Email: kellywilleyteam@gmail.com License #3084960 Listed on: 03/04/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,327
Year Built
- Built in 1955 | Remodeled
Lot Details
- 5,991 Sq Ft Lot
- Ocean Front
- Sprinkler System
- Property is zoned RL - Residential Low
Home Design
- Metal Roof
Interior Spaces
- 1,701 Sq Ft Home
- Furnished
- Tile Flooring
- Ocean Views
- Dryer
Kitchen
- Oven
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Home Security
- Impact Glass
- Fire and Smoke Detector
Parking
- Garage
- Automatic Garage Door Opener
Pool
- In Ground Pool
- Pool Deck
- Fiberglass Pool
Outdoor Features
- Seawall
- Balcony
- Patio
Utilities
- Central Air
- Public Hookup Available For Sewer
- Cable TV Available
Community Details
- No Home Owners Association
- Little Venice Subdivision
Listing and Financial Details
- Assessor Parcel Number 00344720-000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2024
Closed on
Apr 11, 2025
Sold by
Adventure Properties Llc
Bought by
Salty Toes Ventures Llc
Seller's Agent
Kelly Willey
Coco Plum Real Estate
Buyer's Agent
Natalie Ardis
Coldwell Banker Schmitt Real Estate Co.
List Price
$2,338,000
Sold Price
$1,850,000
Premium/Discount to List
-$488,000
-20.87%
Views
195
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$154,192
Avg. Annual Appreciation
-16.94%
Original Mortgage
$1,387,500
Outstanding Balance
$1,387,500
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$368,833
Purchase Details
Listed on
Aug 2, 2019
Closed on
Nov 14, 2019
Sold by
Karen Nielsen
Bought by
Adventure Properties Llc
Seller's Agent
Rick Servais
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Kelly Willey
Coco Plum Real Estate
List Price
$968,000
Sold Price
$950,000
Premium/Discount to List
-$18,000
-1.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%
Purchase Details
Listed on
Aug 2, 2019
Closed on
Nov 4, 2019
Sold by
Karen Nielsen
Bought by
Adventure Properties Llc
Seller's Agent
Rick Servais
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Kelly Willey
Coco Plum Real Estate
List Price
$968,000
Sold Price
$950,000
Premium/Discount to List
-$18,000
-1.86%
Purchase Details
Closed on
Aug 27, 2004
Sold by
Nielsen Karen
Bought by
Nielsen Karen and Nielsen Kevin Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,281
Interest Rate
5.91%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 22, 2004
Sold by
Nielsen Karen and Nielsen Kevin Michael
Bought by
Nielsen Karen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,281
Interest Rate
5.91%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 1, 1986
Bought by
Nielsen Karen
Purchase Details
Closed on
Feb 1, 1971
Bought by
Nielsen Karen
Similar Homes in Marathon, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,850,000 | None Listed On Document | |
| Warranty Deed | $1,850,000 | None Listed On Document | |
| Warranty Deed | $950,000 | None Listed On Document | |
| Warranty Deed | $950,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Crest Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $90,000 | -- | |
| Deed | $26,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,387,500 | New Conventional | |
| Closed | $1,387,500 | New Conventional | |
| Previous Owner | $938,250 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $534,281 | Unknown | |
| Previous Owner | $25,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2025 04/14/25 | Sold | $1,850,000 | -7.5% | $1,088 / Sq Ft |
| 03/04/2025 03/04/25 | Pending | -- | -- | -- |
| 11/19/2024 11/19/24 | Price Changed | $1,999,000 | -14.5% | $1,175 / Sq Ft |
| 11/19/2024 11/19/24 | For Sale | $2,338,000 | +26.4% | $1,374 / Sq Ft |
| 09/06/2024 09/06/24 | Off Market | $1,850,000 | -- | -- |
| 07/16/2024 07/16/24 | Price Changed | $2,338,000 | -0.2% | $1,374 / Sq Ft |
| 05/22/2024 05/22/24 | Price Changed | $2,343,000 | -0.1% | $1,377 / Sq Ft |
| 04/02/2024 04/02/24 | Price Changed | $2,345,000 | -2.1% | $1,379 / Sq Ft |
| 03/16/2024 03/16/24 | Price Changed | $2,395,000 | 0.0% | $1,408 / Sq Ft |
| 03/15/2024 03/15/24 | Price Changed | $2,395,000 | -9.6% | $1,408 / Sq Ft |
| 03/04/2024 03/04/24 | For Sale | $2,650,000 | +178.9% | $1,558 / Sq Ft |
| 11/04/2019 11/04/19 | Sold | $950,000 | -1.9% | $558 / Sq Ft |
| 09/27/2019 09/27/19 | Pending | -- | -- | -- |
| 08/02/2019 08/02/19 | For Sale | $968,000 | -- | $569 / Sq Ft |
Source: Marathon and Lower Keys Association of REALTORS®
Tax History Compared to Growth
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 | $11,327 | $1,610,553 | $1,200,372 | $410,181 |
| 2023 | $11,327 | $1,519,158 | $1,165,324 | $353,834 |
| 2022 | $10,124 | $1,247,947 | $915,125 | $332,822 |
| 2021 | $8,732 | $828,988 | $555,890 | $273,098 |
| 2020 | $8,051 | $772,562 | $470,219 | $302,343 |
| 2019 | $3,184 | $314,916 | $0 | $0 |
| 2018 | $3,594 | $369,447 | $0 | $0 |
| 2017 | $3,522 | $361,849 | $0 | $0 |
| 2016 | $3,283 | $354,407 | $0 | $0 |
| 2015 | $3,268 | $351,943 | $0 | $0 |
| 2014 | $3,313 | $349,150 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Willey
K
Seller's Agent in 2025
Kelly Willey
Coco Plum Real Estate
(305) 771-1505
56 Total Sales
-
Natalie Ardis
Buyer's Agent in 2025
Natalie Ardis
Coldwell Banker Schmitt Real Estate Co.
(305) 481-3317
22 Total Sales
-
Rick Servais
Seller's Agent in 2019
Rick Servais
Coldwell Banker Schmitt Real Estate Co.
(305) 433-0349
222 Total Sales
-
Monica Barrett
M
Seller Co-Listing Agent in 2019
Monica Barrett
Coldwell Banker Schmitt Real Estate Co.
(305) 289-6554
235 Total Sales
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 609049
APN: 00344720-000000
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