NOT LISTED FOR SALE

11507 5th Avenue Ocean Marathon, FL 33050

Estimated Value: $1,126,000 - $1,301,000

4 Beds
2 Baths
1,868 Sq Ft
$640/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $1,175,000 $629 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,954/month

71 Days on Market

Highlights

  • Direct Ocean View
  • Property has ocean access
  • Boat Lift
  • Coral Shores High School Rated A
  • Deeded Boat Dock
  • RV or Boat Parking

About This Home

As of September 2023

Beautiful and completely remodeled single family home in the Florida Keys ( Marathon) with 4 bedrooms and 2 bathrooms. New kitchen, floors and bathrooms. Hurricane shutters for the entire house.
featuring a double lot ( #56 & #57 ) with stunning open water views and amazing outdoors oasis with a jacuzzi.
The 50-foot concrete dock boast a boat lift , power, water and lights.
This Property allows 7- day rentals making a perfect investment opportunity or a dream vacation family home!!
New PVC pipes.

Last Agent to Sell the Property

Lourdes Martinez

Angie Homes Realty, Inc. License #3397968 Listed on: 06/26/2023

Last Buyer's Agent

Angie Roque

Angie Homes Realty, Inc. License #3323796

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,863

Year Built

  • Built in 1955

Lot Details

  • 5,500 Sq Ft Lot
  • 25 Ft Wide Lot
  • Home fronts a canal
  • West Facing Home
  • Property is zoned is

Property Views

  • Direct Ocean
  • Intracoastal
  • Canal

Home Design

  • Concrete Roof

Interior Spaces

  • 1,868 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Recreation Room
  • Vinyl Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking
  • RV or Boat Parking

Pool

  • Room in yard for a pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Canal Width 1-80 Feet
  • Boat Lift
  • Deeded Boat Dock
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Little Venice No2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00345890-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,863

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: No
  • Horses: No
  • Inclusions: Boatlift,Deeded Dock,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: LITTLE VENICE NO2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Other, Recreation Room
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Other, Vinyl
  • Furnished: Furnished
  • Living Area: 1868
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area
  • Living Room Features: Other, Recreation Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • Roof: Concrete, Other
  • View: Canal, Intracoastal View, Ocean, Direct Ocean, Other, Water
  • Exterior Features: Outdoor Shower, Room For Pool
  • Direction Faces: West
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Canal Front, Canal Width 1-80 Feet, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: LITTLE VENICE NO2
  • Open Parking: Yes
  • Parking Features: Driveway, Other, Rv/Boat Parking

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 00345890-000000
  • Lot Size Sq Ft: 5500
  • Zoning: is
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7863

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Oct 16, 2023
Sold by
Hayden Ben and Hayden Stacy
Bought by
Sea You Soon Marathon Llc
Seller's Agent
Lourdes Martinez
Angie Homes Realty, Inc.
Buyer's Agent
Angie Roque
Angie Homes Realty, Inc.
List Price
$1,300,000
Sold Price
$1,175,000
Premium/Discount to List
-$125,000
-9.62%
Views
42
Current Estimated Value
$1,195,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,394
Avg. Annual Appreciation
0.81%
Original Mortgage
$675,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2023
Closed on
Sep 5, 2023
Sold by
Oceano Azul Miami Corp Inc
Bought by
Hayden Benjamin and Hayden Stacy
Seller's Agent
Lourdes Martinez
Angie Homes Realty, Inc.
Buyer's Agent
Angie Roque
Angie Homes Realty, Inc.
List Price
$1,300,000
Sold Price
$1,175,000
Premium/Discount to List
-$125,000
-9.62%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2021
Sold by
Martinez Lourdes E and Gil Javier
Bought by
Oceano Azul Miami Corp

Purchase Details

Listed on
Jun 16, 2018
Closed on
Jan 8, 2020
Sold by
Monroe Bowne Revocable Trust
Bought by
Martinez Lourdes Esther and Gil Javier
Seller's Agent
David Grego
Island Breeze Realty Branch Office
Buyer's Agent
David Grego
Island Breeze Realty Branch Office
List Price
$730,000
Sold Price
$697,000
Premium/Discount to List
-$33,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$627,300
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 16, 2018
Closed on
Nov 15, 2019
Sold by
Monroe Bowne Revocable Trust and Bowne Edward Monroe
Bought by
Martinez Lourdes Esther and Gil Javier
Seller's Agent
David Grego
Island Breeze Realty Branch Office
Buyer's Agent
David Grego
Island Breeze Realty Branch Office
List Price
$730,000
Sold Price
$697,000
Premium/Discount to List
-$33,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$627,300
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2007
Sold by
Barry Laura B and Bowne Janet L
Bought by
Barry Laura B and Bowne Janet L

Purchase Details

Closed on
Jul 16, 2007
Sold by
Bowne Edward Monroe
Bought by
Bowne Janet Lois and Barry Laura Bowne

Purchase Details

Closed on
Apr 17, 2002
Sold by
Fender James R C
Bought by
Bowne Edward M

Purchase Details

Closed on
Jan 28, 1999
Sold by
Fender James R and Bivins Karen
Bought by
Fender James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,750
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1988
Bought by
Bowne Monroe Revocable Trust 3/15/2005
Source: Public Records

Range of Values:

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Average Value
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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
Sea You Soon Marathon Llc -- None Listed On Document
Sea You Soon Marathon Llc -- None Listed On Document
Hayden Benjamin $1,175,000 Complete Choice Title Services
Hayden Benjamin $1,175,000 Complete Choice Title Services
Oceano Azul Miami Corp -- None Available
Oceano Azul Miami Corp -- None Available
Martinez Lourdes Esther $697,000 New Title Company Name
Martinez Lourdes Esther $697,000 New Title Company Name
Barry Laura B -- Attorney
Bowne Janet Lois -- Attorney
Bowne Janet Lois -- Attorney
Bowne Janet Lois -- Attorney
Bowne Janet Lois -- Attorney
Bowne Janet Lois -- Attorney
Bowne Janet Lois -- Attorney
Bowne Edward M $275,000 --
Fender James R $100 --
Bowne Monroe Revocable Trust 3/15/2005 $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayden Benjamin $675,000
Previous Owner Martinez Lourdes Esther $627,300
Previous Owner Martinez Lourdes Esther $627,300
Previous Owner Fender James R $150,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2023 09/06/23 Sold $1,175,000 -6.0% $629 / Sq Ft
07/18/2023 07/18/23 Price Changed $1,250,000 -3.8% $669 / Sq Ft
06/26/2023 06/26/23 For Sale $1,300,000 +86.5% $696 / Sq Ft
11/21/2019 11/21/19 Sold $697,000 -4.5% $373 / Sq Ft View Prior Sale
06/16/2018 06/16/18 For Sale $730,000 -- $391 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $8,367 $980,108 $563,805 $416,303
2023 $8,367 $844,208 $525,113 $319,095
2022 $7,863 $777,064 $467,995 $309,069
2021 $6,025 $555,208 $316,910 $238,298
2020 $6,044 $566,557 $294,800 $271,757
2019 $4,517 $535,502 $287,430 $248,072
2018 $4,022 $463,372 $292,036 $171,336
2017 $4,133 $549,982 $0 $0
2016 $3,669 $429,012 $0 $0
2015 $3,235 $343,846 $0 $0
2014 $2,722 $220,884 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11407939

MIAMI REALTORS® MLS

APN: 00345890-000000