$350,000
SOLD JUL 21, 2020

11554 5th Avenue Ocean Marathon, FL 33050

3 Beds
2 Baths
1,222 Sq Ft
2,750 Sq Ft Lot

Recently Sold

$286 Per Sq Ft

12% Below List Price

18 Days on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • Outdoor Storage
  • Coral Shores High School Rated A
  • Patio
  • Ceiling Fan

About This Home

As of August 2024

You will fall in love with this cozy 3 bedroom, 2 bath Keys Conch Cottage nestled in the charming old fishing village of Little Venice. This quaint property has been beautifully redone with coastal touches, with open floor plan of living room, dining area and a beautifully renovated kitchen. Minisplit A/C in every room and tankless hot water heater for efficiency. Two outdoor seating areas to relax and enjoy the ocean air. Perfect location in the heart of Marathon. Close to shopping, restaurants, bike and boat rentals, and all the vacation activities to enjoy. Great investment for weekly rentals as well

Last Agent to Sell the Property

Melissa Nowell

Ocean Sotheby's International Realty License #3202972 Listed on: 05/31/2020

Ocean Sotheby's International Realty

Last Buyer's Agent

Kim King

Key Colony Beach Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,044

Year Built

  • Built in 1955

Lot Details

  • 2,750 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Property is zoned RM - Residential Medium

Interior Spaces

  • 1,222 Sq Ft Home
  • Ceiling Fan
  • Blinds

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Storage

Location

  • Ground Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Little Venice Subdivision
  • Rental Restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,044

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Ocean (Airport to Vaca)
  • Mile Marker: 53.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2044.05
  • Year Built: 1955
  • Alternate Key Number: 1423726
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Lot Sq Ft: 2750.00
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1222.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Privacy Wall/Fence
  • Waterview: No Waterview

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
Aug 8, 2024
Sold by
King Ralph A and King Kim C
Bought by
De Armas Investments Llc
Seller's Agent
Kim King
Lokation Real Estate
Buyer's Agent
Lazara Roque
Dream Life Realty
List Price
$659,000
Sold Price
$659,000
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$460,000
Outstanding Balance
$365,776
Interest Rate
6.86%
Mortgage Type
Balloon
Estimated Equity
$345,985

Purchase Details

Listed on
May 31, 2020
Closed on
Jul 20, 2020
Sold by
Baggs Cora Elizabeth
Bought by
King Ralph A and King Kim C
Seller's Agent
Melissa Nowell
Ocean Sotheby's International Realty
Buyer's Agent
Kim King
Key Colony Beach Realty
List Price
$398,000
Sold Price
$350,000
Premium/Discount to List
-$48,000
-12.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.91%

Purchase Details

Closed on
Dec 27, 2012
Sold by
Baggs Spencer Ritchie and Baggs Cora Elizabeth
Bought by
Baggs Cora Elizabeth

Purchase Details

Closed on
Feb 2, 2001
Sold by
Tennyson Kyle and Tennyson Amy
Bought by
Baggs Maye R and Baggs Spencer R

Purchase Details

Closed on
May 18, 2000
Sold by
Bank Of America Na
Bought by
Tennyson Kyle and Tennyson Amy

Purchase Details

Closed on
Feb 8, 2000
Sold by
Clerk Of The Court
Bought by
Nationsbank Na

Purchase Details

Closed on
Jun 29, 1995
Sold by
Gebhardt Rudolph Herman
Bought by
Gebhardt Gary William and Gebhardt Rudolph Herman

Purchase Details

Closed on
Jul 1, 1989
Bought by
Baggs Cora Elizabeth

Purchase Details

Closed on
Nov 1, 1985
Bought by
Baggs Cora Elizabeth
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $659,000 Mg Title Services
Warranty Deed $350,000 Attorney
Warranty Deed $350,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $149,500 --
Deed $80,000 --
Deed -- --
Quit Claim Deed -- --
Quit Claim Deed $80,400 --
Warranty Deed $85,000 --
Warranty Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,000 Balloon
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 For Sale $730,000 0.0% $597 / Sq Ft
04/03/2025 04/03/25 Off Market $730,000 -- --
12/10/2024 12/10/24 Price Changed $730,000 -3.9% $597 / Sq Ft
10/08/2024 10/08/24 For Sale $760,000 +15.3% $622 / Sq Ft
08/08/2024 08/08/24 Sold $659,000 0.0% $539 / Sq Ft
06/24/2024 06/24/24 For Sale $659,000 0.0% $539 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $659,000 +88.3% $539 / Sq Ft
07/21/2020 07/21/20 Sold $350,000 -12.1% $286 / Sq Ft
05/31/2020 05/31/20 For Sale $398,000 -- $326 / 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 $3,087 $323,634 -- --
2023 $3,087 $314,208 $0 $0
2022 $3,035 $305,057 $0 $0
2021 $3,050 $296,172 $127,875 $168,297
2020 $2,853 $243,132 $91,438 $151,694
2019 $2,774 $261,238 $107,250 $153,988
2018 $2,558 $257,212 $99,000 $158,212
2017 $2,329 $222,195 $0 $0
2016 $2,417 $258,962 $0 $0
2015 $2,061 $179,198 $0 $0
2014 $1,853 $133,589 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591046

Florida Keys Board of REALTORS®

APN: 00345850-000000