11275 5th Avenue Ocean Marathon, FL 33050
3
Beds
2
Baths
1,702
Sq Ft
5,991
Sq Ft Lot
Highlights
- Airstrip
- Ocean Front
- Beach
- Coral Shores High School Rated A
- Boat Ramp
- Dock made with concrete
About This Home
As of April 2025Enjoy ENDLESS possibilities with this ''Million Dollar View'' home... Relax after a day fishing & soak in your pool, while taking in the breathtaking OPEN WATER views, SUNRISES & SUNSETS from this charming 3 bedroom/2 bathroom concrete home. Located at the end of a quiet street in renowned Little Venice, with deep draft dockage & quick Ocean & Gulf access via the Vaca Cut. This property could easily be converted into a 4 bed/3 bath home with a bonus sleeping room ~ With those additions, rental potential is estimated to be upwards of $130K/year at $4,000/week! Plenty of room to park and store in the massive garage. Property features include; 55Ft concrete seawall with underwater LED lighting, roof top deck, updated kitchen with granite counter tops, bar and metal roof...& so much more!
Last Agent to Sell the Property
Coldwell Banker Schmitt Real Estate Co. License #3238499 Listed on: 08/02/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,080
Year Built
- Built in 1955
Lot Details
- 5,991 Sq Ft Lot
- Ocean Front
- Privacy Fence
- Property is zoned RM - Residential Medium
Home Design
- Metal Roof
Interior Spaces
- 1,702 Sq Ft Home
- Bar
- Ceiling Fan
- Blinds
- Sliding Doors
- Storage
- Tile Flooring
- Ocean Views
Kitchen
- <<OvenToken>>
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Built-In or Custom Kitchen Cabinets
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Complete Accordion Shutters
- Impact Glass
- Fire and Smoke Detector
Parking
- 4 Car Attached Garage
- Automatic Garage Door Opener
- Guest Parking
- Open Parking
Pool
- In Ground Pool
- Fiberglass Pool
Outdoor Features
- Airstrip
- Seawall
- Dock made with concrete
- Balcony
- Patio
Utilities
- Central Air
- Separate Meters
- Public Hookup Available For Sewer
- Cable TV Available
Listing and Financial Details
- Homestead Exemption
- Minimum Rental Period: 7
- Assessor Parcel Number 00344720-000000
Community Details
Overview
- No Home Owners Association
- Little Venice Subdivision
Recreation
- Boat Ramp
- Beach
- Bike Trail
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
-21.04%
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: Florida Keys Board 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
224 Total Sales
-
Monica Barrett
M
Seller Co-Listing Agent in 2019
Monica Barrett
Coldwell Banker Schmitt Real Estate Co.
(305) 289-6554
237 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 586769
APN: 00344720-000000
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