NOT LISTED FOR SALE

11400 Overseas Hwy Unit 206 Marathon, FL 33050

Estimated Value: $5,608,203

-- Bed
-- Bath
22,069 Sq Ft
$254/Sq Ft Est. Value

Highlights

  • Sliding Doors
  • Coral Shores High School Rated A
  • Central Air

About This Home

As of March 2022

Commercial office space for lease, available immediately! 450 sqft second story unit with central AC and community bathrooms on both levels. Separate meters, tenant pays electric. Large parking lot with entrances on both Overseas Hwy and Margaret Ave. F/L/S + 7.5% sales tax

Last Agent to Rent the Property

Eric Smith

Coastal Realty of the Florida Keys License #3309794 Listed on: 11/15/2021

Last Renter's Agent

Eric Smith

Coastal Realty of the Florida Keys License #3309794 Listed on: 11/15/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $31,823

Year Built

  • 1973

Lot Details

  • 0.98

Additional Features

  • Sliding Doors
  • Central Air

Community Details

  • Key Colony Sub Subdivision

Listing and Financial Details

  • Security Deposit $900
  • 12 Month Lease Term

Property Details

Property Type

Other

Est. Annual Taxes

$31,823

Year Built

1973

Lot Details

0

Rental Info

  • Furnishings: Unfurnished
  • Last Month's Rent: 900.00
  • Lease Type: Annual
  • Monthly Rent: 900.00
  • Security Deposit: 900.00

Listing Details

  • Property Type: Rental
  • Property Type 2: Other/See Remarks
  • Key Island: Marathon
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 20010809200717574625000000
  • State Province: FL
  • Cooling Heating: Central Air
  • Building Style Above Flood: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 1973

Interior Features

  • Windows/Doors: Glass Doors, Other Windows/Doors

Exterior Features

  • Dockage: None
  • Waterfront: No
  • View: None
  • Pool: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2020
Sold by
Read Marathon Llc
Bought by
Burtitica Marathon 76 Llc
Current Estimated Value
$5,608,203

Purchase Details

Closed on
Sep 13, 2018
Sold by
Shield David M
Bought by
Read Marathon Llc

Purchase Details

Closed on
Jul 27, 2004
Sold by
Morse Irwin S and Morse Alice A
Bought by
Shield David M and Shield Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.25%
Mortgage Type
Commercial
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
Burtitica Marathon 76 Llc $3,700,000 American Title Services
Read Marathon Llc $2,880,000 None Listed On Document
Shield David M $2,005,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buritica Marathon 76 Llc $2,590,000
Previous Owner Shield David M $1,400,000
Closed Shield David M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Rented $975 +8.3% --
11/15/2021 11/15/21 For Rent $900 -- --
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 $31,823 $3,318,801 $1,054,885 $2,263,916
2023 $31,823 $3,034,295 $923,024 $2,111,271
2022 $29,842 $2,770,608 $659,303 $2,111,305
2021 $32,290 $2,877,898 $659,303 $2,218,595
2020 $27,426 $2,423,570 $659,303 $1,764,267
2019 $27,349 $2,412,429 $648,128 $1,764,301
2018 $23,008 $2,042,321 $342,263 $1,700,058
2017 $24,176 $2,161,268 $0 $0
2016 $24,848 $2,161,268 $0 $0
2015 -- $2,161,268 $0 $0
2014 -- $1,947,102 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Landlord's Agent in 2022

    Eric Smith

    Coastal Realty of the Florida Keys

    (305) 306-7279

    15 Total Sales

    Eric Smith
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598496

Florida Keys Board of REALTORS®

APN: 00334860-000000

Florida Monroe County Marathon 33050

11400 Overseas Hwy Unit 206, Marathon, FL

This home is located at 11400 Overseas Hwy Unit 206, Marathon, FL 33050 since 15 November 2021 and is currently priced at $5,608,203. This property was built in 1973. 11400 Overseas Hwy Unit 206 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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