NOT LISTED FOR SALE

11563 4th Avenue Ocean Marathon, FL 33050

Estimated Value: $1,214,000 - $1,755,000

2 Beds
2 Baths
1,108 Sq Ft
$1,347/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $1,529,000 $1,380 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,432/month

94 Days on Market

Highlights

  • Airstrip
  • Ocean View
  • Dock made with concrete
  • Coral Shores High School Rated A
  • Boat Ramp
  • Boat Lift

About This Home

As of November 2023

This property in the Florida Keys is a true gem, featuring a double lot with stunning open water views, a pool, a hot tub, and a luxurious outdoor oasis. The poolside cabana comes complete with a sink and fridge, and the fenced yard ensures privacy and security. Sail shades provide ample shade over the pool area, keeping you cool on hot summer days. You'll never have to worry about parking, as there is ample space for multiple cars right on the property. The 100-foot concrete dock boasts a boat lift, power, water, and lights, as well as a fish cleaning station and bumpers. With its ample dockage, you'll have no problem housing multiple boats. The property is beautifully landscaped, with irrigation and plenty of shade provided by mature trees. RV hookups and shore power ensure that you can accommodate all your guests, and there is even a dock house to store all your fishing equipment. Recent upgrades include a newer metal roof, tankless water heater, and soaring cathedral ceilings in the living area. Each bedroom has its own bathroom for added privacy and comfort, and the large washer and dryer room comes complete with additional sink, cabinets, and utility storage. What's more, this property allows for 7-day rentals, making it a perfect investment opportunity or a dream vacation home. With all of these features and amenities, this property represents everything that you came to the Florida Keys for.

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 06/17/2023

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Juan Ortega

Dream Life Realty License #3232748

Dream Life Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,371

Year Built

  • Built in 1991

Lot Details

  • 5,500 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Property is zoned RM - Residential Medium

Property Views

  • Ocean
  • Canal

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,108 Sq Ft Home
  • Partially Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Complete Electric Power Shutters

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Carport
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Pool

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

Outdoor Features

  • Airstrip
  • Boat Lift
  • Dock made with concrete
  • Balcony
  • Patio
  • Exterior Lighting
  • Shed

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00345830-000000

Community Details

Overview

  • No Home Owners Association
  • Little Venice Subdivision
  • RV Parking in Community

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,371

Year Built

Built in 1991

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
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: 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
  • Neighborhood Feature: Community Boat Ramp, Airstrip
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 7370.60
  • Vehicle Storage: Carport, RV Parking Open, Covered Parking, Off Street Parking, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1991
  • Alternate Key Number: 1423700
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5500.00
  • Pool Info: In Ground, Fiberglass
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Accordion, Roll Down Electric, Panel, Bahama
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1108.00
  • Pool Info Other: chilled
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Built-in Cabinets, Walk-in Closet(s), Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Wine Cooler, Microwave, Oven, Refrigerator
  • Floor: Tile, Carpet
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame, Combo Construction
  • Exterior Features: Bar, Storage, Sprinkler System, Shed, Privacy Wall/Fence, Outdoor Shower, Lighting, Hot Tub, Fencing
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View, Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Water Separate Meter, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE-9
  • Parcel Number: 00345830-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Partially

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2023
Closed on
Nov 6, 2023
Sold by
Gorman Angela Sue
Bought by
Dearmas Rodolfo
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Juan Ortega
Dream Life Realty
List Price
$1,599,000
Sold Price
$1,529,000
Premium/Discount to List
-$70,000
-4.38%
Views
159
Current Estimated Value
$1,492,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,971
Avg. Annual Appreciation
-1.23%
Original Mortgage
$1,050,000
Outstanding Balance
$1,030,569
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$461,460

Purchase Details

Listed on
Aug 5, 2019
Closed on
Sep 30, 2019
Sold by
Caterson Drew E and Caterson Elizabeth Cora
Bought by
Gorman Angela Sue
Seller's Agent
Melissa Nowell
Ocean Sotheby's International Realty
Buyer's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
List Price
$879,000
Sold Price
$860,000
Premium/Discount to List
-$19,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.99%
Original Mortgage
$450,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2019
Closed on
Sep 26, 2019
Sold by
Caterson Drew E and Caterson Elizabeth Cora
Bought by
Gorman Angela Sue
Seller's Agent
Melissa Nowell
Ocean Sotheby's International Realty
Buyer's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
List Price
$879,000
Sold Price
$860,000
Premium/Discount to List
-$19,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2012
Sold by
Baggs Cora Elizabeth
Bought by
Caterson Drew E and Baggs Cora Elizabeth

Purchase Details

Closed on
Sep 2, 2003
Sold by
Baggs Cora Elizabeth
Bought by
Baggs Cora Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2003
Sold by
Baggs Cora Elizabeth
Bought by
Baggs Cora Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 1998
Sold by
Picariello Bradford T
Bought by
Baggs Cora E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 1998
Sold by
Picariello Bradford T and Picariello Sharon L
Bought by
Picariello Bradford T

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
7.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1993
Bought by
Baggs Cora Elizabeth

Purchase Details

Closed on
Feb 1, 1969
Bought by
Baggs Cora Elizabeth
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
Dearmas Rodolfo $1,529,000 None Listed On Document
Gorman Angela Sue $860,000 None Listed On Document
Gorman Angela Sue $860,000 None Listed On Document
Caterson Drew E -- Attorney
Baggs Cora Elizabeth -- --
Baggs Cora Elizabeth -- M & M Title Services Inc
Baggs Cora E $234,000 --
Picariello Bradford T $100 --
Baggs Cora Elizabeth $140,000 --
Baggs Cora Elizabeth $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dearmas Rodolfo $1,050,000
Previous Owner Gorman Angela Sue $450,000
Previous Owner Gorman Angela Sue $450,000
Previous Owner Baggs Cora Elizabeth $68,000
Previous Owner Picariello Bradford T $75,000
Previous Owner Picariello Bradford T $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2023 11/06/23 Sold $1,529,000 -1.3% $1,380 / Sq Ft
09/05/2023 09/05/23 Price Changed $1,549,000 -3.1% $1,398 / Sq Ft
06/17/2023 06/17/23 For Sale $1,599,000 +85.9% $1,443 / Sq Ft
09/26/2019 09/26/19 Sold $860,000 -2.2% $525 / Sq Ft View Prior Sale
08/13/2019 08/13/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $879,000 -- $537 / Sq Ft
Source: Marathon and Lower Keys Association 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 $7,475 $1,277,018 $620,186 $656,832
2023 $7,475 $789,750 $0 $0
2022 $7,371 $766,748 $0 $0
2021 $7,313 $685,520 $316,910 $368,610
2020 $7,290 $694,481 $294,800 $399,681
2019 $4,709 $470,757 $0 $0
2018 $4,164 $467,467 $0 $0
2017 $4,054 $479,615 $0 $0
2016 $3,768 $404,546 $0 $0
2015 $3,248 $347,845 $0 $0
2014 $3,018 $291,557 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Williams

    Seller's Agent in 2023

    Sam Williams

    Coldwell Banker Schmitt Real Estate Co.

    (305) 289-6532

    463 in this area

    581 Total Sales

    Sam Williams
    Section Image

  • J

    Buyer's Agent in 2023

    Juan Ortega

    Dream Life Realty

    Section Image

  • M

    Seller's Agent in 2019

    Melissa Nowell

    Ocean Sotheby's International Realty

    (305) 662-7325

    2 in this area

    50 Total Sales

    Melissa Nowell
    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 605712

APN: 00345830-000000

Florida Monroe County Marathon 33050

11563 4th Avenue Ocean, Marathon, FL

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