NOT LISTED FOR SALE

1150 Bulevar de Palmas Marathon, FL 33050

Estimated Value: $4,422,000 - $14,455,803

8 Beds
13 Baths
11,674 Sq Ft
$809/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $11,995,000 $1,027 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $58,927/month

1,087 Days on Market

Highlights

  • Ocean View
  • Lake Front
  • Beach
  • Coral Shores High School Rated A
  • Boat Ramp
  • Dock made with concrete

About This Home

As of March 2021

A magnificent deep-water estate on a peninsula with 190 feet of dockage. Situated on the lagoon side, the home's location was specifically chosen for its protected harbor right behind the house, a rare find in the Florida Keys. The property includes an exquisite main house, resort-like grounds with an in-ground pool and tennis court, and a large guest house. The dock is large enough to park an 80-foot yacht and a 60-foot yacht at the same time on the same seawall. Views of the open ocean exist from the second floor as the home is only minutes from the Atlantic Ocean. Affectionately called ''Fish Camp'' by its current owner who is an avid boater and fisherman, this home is far from a camp. This one-of-a-kind property is centrally located in the fishing capital of the Florida Keys.

Last Agent to Sell the Property

Robert Cardenas

Ocean Sotheby's International Realty Listed on: 03/19/2018

Co-Listed By

Matthew Carlson

Ocean Sotheby's International Realty License #3413493

Last Buyer's Agent

Joani Jehlen-Towe

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,260

Year Built

  • Built in 2004

Lot Details

  • 1.74 Acre Lot
  • Lake Front
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Fruit Trees
  • Property is zoned RM-1 - Residential Medium - 1

Property Views

  • Ocean
  • Lake
  • Canal

Home Design

  • Tile Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 11,674 Sq Ft Home
  • Wet Bar
  • Bar
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • Casement Windows
  • French Doors
  • Sliding Doors
  • Home Theater
  • Storage
  • Utility Room
  • Steam Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Maid or Guest Quarters
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Electric Gate
  • RV or Boat Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Boat Lift
  • Dock made with concrete
  • Tennis Courts
  • Balcony
  • Patio
  • Outdoor Water Feature
  • Outdoor Kitchen
  • Lanai
  • Exterior Lighting
  • Gazebo
  • Exterior Bathhouse
  • Outdoor Storage
  • Attached Grill
  • Rain Gutters

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Propane
  • Public Hookup Available For Sewer
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00353360-000000

Community Details

Overview

  • No Home Owners Association
  • Waloriss Sub Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Boat Ramp
  • Beach

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,260

Year Built

Built in 2004

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: 5
  • Dockage Dock: Concrete
  • Dockage Dock Length: 191
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: Sombrero
  • Mile Marker: 49.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Boat Ramp, Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 40259.60
  • Title: Negotiable
  • Vehicle Storage: Attached, RV Parking Open, Covered Parking, Garage, Auto Door Opener
  • Vehicle Storage Cars: 3
  • Year Built: 2004
  • Alternate Key Number: 1431095
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 75945.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 11674.00
  • Pre Wired: Cable, Satellite, Surround Sound, Cat 5
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Security System, Window Treatments, Whirlpool Bath Tub, Wet Bar, Walk-in Closet(s), Tray Ceilings, Storage, Split Bedroom, Smoke Alarms, Pantry, Other, Granite Counter Top, Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 10.30
  • Full Bathrooms: 10
  • Appliances: Dishwasher, Wine Cooler, Trash Compactor, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Oven, Microwave, More Appliances, Ice Machine, Gas Appliances, Freezer, Dryer, Disposal
  • Floor: Marble, Wood
  • Half Bathrooms: 3
  • Specialty Rooms: Bath House, Sauna/Steam Room, Utility Room, Theater Room, Laundry Room, Media Room
  • Windows/Doors: Casement, Impact Rstnce Window, Impact Rstnce Doors, Glass Doors, French Doors
  • Total Bedrooms: 8
  • Sq Ft Remarks: Total living space under roof is over 16,000 square ft

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front, Lake Front
  • Waterfront: Yes
  • Construction: Concrete
  • Exterior Features: Bar, Water Display, Storage, Tennis Court(s), Sprinkler System, Privacy Wall/Fence, Rain Gutters, Outdoor Kitchen, Outdoor Shower, Lanai, Lighting, Gazebo, Hot Tub, Fruit Tree(s), Fencing, Detached Guest Qtrs, Built-in Grill
  • Roof: Tile Roof
  • Waterview: Canal View, Lake View, Ocean View
  • Pool: Yes

Utilities

  • Security: Electric Gate, On Premises System
  • Utilities: Cable Available, Propane, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00353360-000000
  • Lot Size: 4 lots
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.74

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2018
Closed on
Mar 18, 2021
Sold by
Gutierrez Philip L and Gutierrez Kim Marie
Bought by
Ramro Llc
Seller's Agent
Robert Cardenas
Ocean Sotheby's International Realty
Buyer's Agent
Joani Jehlen-Towe
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$11,995,000
Sold Price
$11,995,000
Current Estimated Value
$9,438,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,556,098
Avg. Annual Appreciation
-5.08%

Purchase Details

Closed on
Dec 19, 2000
Sold by
Torok James J
Bought by
Gutierrez Phillip L and Gutierrez Kim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1985
Bought by
Gutierrez Philip L and Gutierrez Kim Marie
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
Ramro Llc -- Attorney
Ramro Llc $11,995,000 Attorney
Gutierrez Phillip L $2,000,000 --
Gutierrez Philip L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gutierrez Phillip L $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2021 03/18/21 Sold $11,995,000 -11.1% $1,027 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
02/06/2021 02/06/21 Price Changed $13,500,000 +12.5% $1,156 / Sq Ft
03/19/2018 03/19/18 For Sale $11,995,000 -- $1,027 / 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 $108,376 $12,689,333 $4,469,363 $8,219,970
2023 $108,376 $11,620,060 $3,725,862 $7,894,198
2022 $104,867 $11,046,934 $2,806,927 $8,240,007
2021 $51,893 $5,981,463 $1,528,773 $4,452,690
2020 $42,839 $4,290,772 $1,528,773 $2,761,999
2019 $42,820 $4,284,107 $1,453,587 $2,830,520
2018 $41,353 $4,293,212 $1,453,587 $2,839,625
2017 $41,937 $4,346,197 $0 $0
2016 $40,586 $4,068,298 $0 $0
2015 $37,486 $3,763,408 $0 $0
2014 $41,075 $4,022,898 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Cardenas

    Ocean Sotheby's International Realty

  • M

    Seller Co-Listing Agent in 2021

    Matthew Carlson

    Ocean Sotheby's International Realty

  • J

    Buyer's Agent in 2021

    Joani Jehlen-Towe

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 579340

Florida Keys Board of REALTORS®

APN: 00353360-000000

Florida Monroe County Marathon 33050

1150 Bulevar de Palmas, Marathon, FL

This home is located at 1150 Bulevar de Palmas, Marathon, FL 33050 since 19 March 2018 and is currently estimated at $9,438,902, approximately $808 per square foot. This property was built in 2004. 1150 Bulevar de Palmas 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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