NOT LISTED FOR SALE

11281 2nd Avenue Ocean Marathon, FL 33050

Estimated Value: $1,124,000 - $1,241,000

3 Beds
2 Baths
1,201 Sq Ft
$985/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $849,000 $707 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,975/month

418 Days on Market

Highlights

  • Dock made with wood
  • Home fronts a canal
  • Balcony
  • Coral Shores High School Rated A
  • No HOA
  • Impact Glass

About This Home

As of August 2020

New Price, NEW FEATURES and all set up and licensed for rental, just launched on VRBO and have 5 weeks booked at $2450 per week and lobster weeked booked at $4500? All for 849k new construction? Check availability on VRBO link provided below. Price includes, kayaks, Bikes. Washer/dryer installed, Garage refrigerator, house furnishings, wall art, Fully furnished kitchen including kitchen aid mixer, Margaritaville blender plates, silverware, Tupperware....etc. New fish cleaning station, underwater fish lights at dock , led running lights on dock, Custom Signs on exterior of home, and a Custom Rental Vacation Information Book Minimum, Seller financing available with 25% down, 6% interest, 3 year balloon, no prepayment penalty, Brand New, custom concrete home, impact windows

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 05/03/2019

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Joani Jehlen-Towe

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,263

Year Built

  • Built in 2019

Lot Details

  • 2,750 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned RM-1 - Residential Medium - 1

Home Design

  • Metal Roof

Interior Spaces

  • 1,201 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Canal Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

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

Outdoor Features

  • Dock made with wood
  • Balcony

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Little Venice Subdivision

Listing and Financial Details

  • Minimum Rental Period: 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,263

Year Built

Built in 2019

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
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Ocean (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: Conventional
  • Side: Ocean
  • State Province: FL
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Off Street Parking, Trailer Storage, Guest Parking, Garage, Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2019
  • Alternate Key Number: 00344570-000100
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 2750.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1201.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Range, Oven, Microwave
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View, Open Water View
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE 7
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Grimsley Joseph G and Grimsley Karen M
Bought by
Cajuso David Eladio and Cajuso Iliana Dejesus
Current Estimated Value
$1,182,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$907,500
Outstanding Balance
$903,472
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$279,234

Purchase Details

Listed on
May 3, 2019
Closed on
Aug 6, 2020
Sold by
Florida Keys Homes Llc
Bought by
Grimsley Joseph G and Grimsley Karen M
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Joani Jehlen-Towe
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$849,000
Sold Price
$849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$721,650
Interest Rate
3%
Mortgage Type
New Conventional
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
Cajuso David Eladio $1,210,000 None Listed On Document
Grimsley Joseph G $849,000 None Listed On Document
Grimsley Joseph G $849,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cajuso David Eladio $907,500
Previous Owner Grimsley Joseph G $721,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $849,000 0.0% $707 / Sq Ft
06/17/2020 06/17/20 Price Changed $849,000 -1.2% $707 / Sq Ft
06/16/2020 06/16/20 Price Changed $859,000 +4.9% $715 / Sq Ft
05/05/2020 05/05/20 Price Changed $819,000 -0.6% $682 / Sq Ft
04/14/2020 04/14/20 Price Changed $824,000 -2.9% $686 / Sq Ft
05/03/2019 05/03/19 For Sale $849,000 -- $707 / 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 $9,263 $1,095,113 $497,587 $597,526
2023 $8,649 $1,003,395 $433,214 $570,181
2022 $7,776 $824,314 $261,449 $562,865
2021 $7,203 $674,399 $261,449 $412,950
2020 $6,789 $225,047 $164,925 $60,122
2019 $2,138 $206,947 $163,405 $43,542
Source: Public Records

Agents Affiliated with this Home

  • Sam Williams

    Seller's Agent in 2020

    Sam Williams

    Coldwell Banker Schmitt Real Estate Co.

    (305) 289-6532

    469 in this area

    587 Total Sales

    Sam Williams
    Section Image

  • J

    Buyer's Agent in 2020

    Joani Jehlen-Towe

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 585498

Florida Keys Board of REALTORS®

APN: 00344570-000100

Florida Monroe County Marathon 33050

11281 2nd Avenue Ocean, Marathon, FL

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