NOT LISTED FOR SALE

11296 5th Avenue Ocean Marathon, FL 33050

Estimated Value: $914,000 - $1,187,000

3 Beds
2 Baths
1,274 Sq Ft
$840/Sq Ft Est. Value

Last Sold March 04, 2019

Last sale price $670,000 $526 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,340/month

193 Days on Market

Highlights

  • Ocean View
  • Dock made with concrete
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Concrete Pool
  • Deck

About This Home

As of March 2019

This property is located within the only Economic Opportunity Zone in the Florida Keys, potentially allowing the buyer to eliminate tax on future capital gains. Ask listing agent for details. HGTV Renovated Dream Home! Featured on one-hour episode which aired nationally on HGTV. Total top-of-the-line renovation just completed. Once in a lifetime opportunity with open water views. No expense spared to renovate this spectacular turn-key, beautifully landscaped open concept seaside home in Little Venice, including a fabulous custom concrete pool w/Granite water's edge 9-foot bar. Property is ideally located in the heart of Marathon, one lot in from open-ocean for the best boating access from a 60-foot protected concrete dock and massive paver patio. Impeccable with new roof.

Last Agent to Sell the Property

Brian Schmitt

Coldwell Banker Schmitt Real Estate Co. (KW) License #BK147809 Listed on: 07/24/2018

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Rick Servais

Coldwell Banker Schmitt Real Estate Co. License #3238499

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,515

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 4,475 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned RM - Residential Medium

Parking

  • Guest Parking

Interior Spaces

  • 1,274 Sq Ft Home
  • Furnished
  • Tile Flooring
  • Ocean Views
  • Impact Glass

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Doors
  • Accessible Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Seawall
  • Dock made with concrete
  • Deck
  • Patio
  • Shed

Utilities

  • Central Air
  • 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

$4,515

Year Built

Built in 1953 | 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: Concrete
  • Dockage Dock Length: 60
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4515.36
  • Vehicle Storage: Guest Parking, Trailer Storage
  • Year Built: 1953
  • Alternate Key Number: 1422614
  • Cooling Heating: Central Air
  • Lot Sq Ft: 4475.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1274.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Refrigerator, Oven, Freezer, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: Accessible, Parking, Accessible Full Bath, Accessible Doors

Exterior Features

  • Waterfront: Canal Front, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Hot Tub, Shed, Storage
  • Roof: Other Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.10

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2019
Sold by
Baker James L and Baker Patricia R
Bought by
La Pirata Marathon Llc
Current Estimated Value
$1,051,552

Purchase Details

Listed on
Jul 24, 2018
Closed on
Mar 26, 2019
Sold by
Christian Cascone
Bought by
William H Baker Revocable Trus
Seller's Agent
Brian Schmitt
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Rick Servais
Coldwell Banker Schmitt Real Estate Co.
List Price
$895,000
Sold Price
$670,000
Premium/Discount to List
-$225,000
-25.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%

Purchase Details

Listed on
Jul 24, 2018
Closed on
Mar 4, 2019
Sold by
Christian Cascone and Myers Dana
Bought by
William H Baker Revocable Trus and Baker Patricia R
Seller's Agent
Brian Schmitt
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Rick Servais
Coldwell Banker Schmitt Real Estate Co.
List Price
$895,000
Sold Price
$670,000
Premium/Discount to List
-$225,000
-25.14%

Purchase Details

Listed on
Jun 26, 2012
Closed on
Sep 17, 2012
Bought by
Cascone Christian
Seller's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
Buyer's Agent
Brian Schmitt
Coldwell Banker Schmitt Real Estate Co. BPK
List Price
$250,000
Sold Price
$305,000
Premium/Discount to List
$55,000
22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.11%

Purchase Details

Closed on
Jun 30, 1995
Sold by
Fabian Jeanne
Bought by
Stewart Robert G and Caballero Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.79%
Source: Public Records

Range of Values:

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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
La Pirata Marathon Llc -- Attorney
William H Baker Revocable Trus $670,000 None Listed On Document
William H Baker Revocable Trus $670,000 None Listed On Document
Cascone Christian $100 --
Stewart Robert G $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cascone Christian $400,000
Previous Owner Cascone Christian $50,000
Previous Owner Stewart Robert $350,000
Previous Owner Stewart Robert G $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2019 03/04/19 Sold $670,000 -25.1% $526 / Sq Ft
02/02/2019 02/02/19 Pending -- -- --
07/24/2018 07/24/18 For Sale $895,000 +193.4% $703 / Sq Ft
10/15/2012 10/15/12 Sold $305,000 +22.0% $239 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
06/26/2012 06/26/12 For Sale $250,000 -- $196 / 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 $6,992 $845,077 $513,506 $331,571
2023 $6,992 $779,585 $478,266 $301,319
2022 $6,583 $735,904 $426,244 $309,660
2021 $5,901 $542,690 $288,638 $254,052
2020 $5,850 $546,624 $268,500 $278,124
2019 $5,858 $564,433 $287,966 $276,467
2018 $5,213 $544,501 $292,581 $251,920
2017 $5,021 $564,460 $0 $0
2016 $4,390 $410,145 $0 $0
2015 $2,781 $290,169 $0 $0
2014 $2,334 $181,936 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Schmitt

    Seller's Agent in 2019

    Brian Schmitt

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 289-6500

    112 Total Sales

    Section Image
  • Rick Servais

    Buyer's Agent in 2019

    Rick Servais

    Coldwell Banker Schmitt Real Estate Co.

    (305) 433-0349

    219 Total Sales

    Section Image

  • M

    Buyer Co-Listing Agent in 2019

    Monica Barrett

    Coldwell Banker Schmitt Real Estate Co.

    (305) 289-6554

    232 Total Sales

    Section Image

  • E

    Seller's Agent in 2012

    Elaine Coyle

    Tropical Properties Real Estat (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 581194

Florida Keys Board of REALTORS®

APN: 00344700-000000

Florida Monroe County Marathon 33050

11296 5th Avenue Ocean, Marathon, FL

This home is located at 11296 5th Avenue Ocean, Marathon, FL 33050 since 24 July 2018 and is currently estimated at $1,070,357, approximately $840 per square foot. This property was built in 1953. 11296 5th Avenue Ocean is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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