A
Seller's Agent in 2022
Angela Mitchell, PA
The New Home Spot, Inc.
11890 1st Avenue Gulf Unit 2 Marathon, FL 33050
Estimated Value: $2,519,000 - $2,794,000
5
Beds
4
Baths
2,607
Sq Ft
$1,014/Sq Ft
Est. Value
Highlights
- Ocean View
- Assigned Dock
- RV or Boat Parking
- Coral Shores High School Rated A
- In Ground Pool
- RV Parking in Community
About This Home
As of April 2022Picture perfect location in Paradise!!! This beautiful 5-bedroom, 4-bathroom waterfront home is located at The Tides at Vaca Cut. One of only 9 single family homes nestled in a lusciously landscaped and gated community in the heart of Marathon. Enjoy stunning sunrises and sunsets from your balconies overlooking the waterway. Launch your boat from your deeded dock and be out in the Atlantic Ocean or The Gulf of Mexico in just minutes. Professionally decorated and furnished, this home features a large master suite with walk-in closet, a junior master suite, and three additional spacious bedrooms. The 1st floor living area has plenty of room for entertaining family and friends, featuring quartz countertops and upgraded stainless-steel appliances in the kitchen to include waterfall quartz island with seating, an oversized pantry, and a dry bar entertainment area. Crown molding, upgraded 7-inch baseboards and luxury vinyl plank flooring throughout. As you walk into the fenced in backyard you will find beautifully landscaped area with palm trees, a heated swimming pool with a paved deck, barbeque grill, and a 10-person hot tub tucked away under the covered Lanai. . The community offers private dock access with fish cleaning tables, waterfront gazebo, dog walk, and community trash pickup. Best of all this home has been a great vacation rental and grossed over $200,000 in its 1st year and has over $160,000 in future bookings. This home is an income producing Rock Star!!!
Last Agent to Sell the Property
Angela Mitchell, PA
The New Home Spot, Inc. License #3095546 Listed on: 10/22/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,626
Year Built
- Built in 2020
Lot Details
- 4,375 Sq Ft Lot
- Home fronts a canal
- Property is zoned RM - Residential Medium
HOA Fees
- $707 Monthly HOA Fees
Property Views
- Ocean
- Gulf
Home Design
- Metal Roof
Interior Spaces
- 2,607 Sq Ft Home
- Furnished
- Bar
- Ceiling Fan
- Blinds
- Entrance Foyer
- Laminate Flooring
- Impact Glass
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Electric Gate
- Guest Parking
- Open Parking
- RV or Boat Parking
Pool
- In Ground Pool
- Spa
- Above Ground Pool
- Pool Deck
- Fiberglass Pool
Outdoor Features
- Assigned Dock
- Balcony
- Deck
- Patio
Utilities
- Heat Pump System
- Public Hookup Available For Sewer
Listing and Financial Details
- Homestead Exemption
- Minimum Rental Period: 7
- Assessor Parcel Number 00100740-000102
Community Details
Overview
- Association fees include bldg exterior mnt, water, common area mnt, cable
- Fat Deer Key Subdivision
- The community has rules related to deed restrictions
- RV Parking in Community
Recreation
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2021
Closed on
Apr 13, 2022
Sold by
Vaca Cut 2 Llc
Bought by
Luster Jason and Luster Dina
Seller's Agent
Angela Mitchell, PA
The New Home Spot, Inc.
Buyer's Agent
Courtney Conley
Serhant Florida LLC - Miami Office
List Price
$2,599,900
Sold Price
$2,400,000
Premium/Discount to List
-$199,900
-7.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,681
Avg. Annual Appreciation
2.62%
Original Mortgage
$250,000
Outstanding Balance
$235,214
Interest Rate
4.72%
Estimated Equity
$2,407,285
Purchase Details
Listed on
Oct 22, 2021
Closed on
Apr 2, 2022
Sold by
Vaca Cut 2 Llc
Bought by
Luster Jason and Luster Dina
Seller's Agent
Angela Mitchell, PA
The New Home Spot, Inc.
Buyer's Agent
Courtney Conley
Serhant Florida LLC - Miami Office
List Price
$2,599,900
Sold Price
$2,400,000
Premium/Discount to List
-$199,900
-7.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$235,214
Interest Rate
4.72%
Estimated Equity
$2,407,285
Purchase Details
Listed on
Feb 17, 2020
Closed on
Oct 15, 2021
Sold by
Coastal Properties Vaca Cut Llc
Bought by
Vaca Cut 2 Llc
Seller's Agent
Franco D'Ascanio
D Asign Source Realty Inc.
Buyer's Agent
Franco D'Ascanio
D Asign Source Realty Inc.
List Price
$1,250,000
Sold Price
$1,250,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
300.65%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Luster Jason | $2,400,000 | New Title Company Name | |
| Luster Jason | $2,400,000 | New Title Company Name | |
| Vaca Cut 2 Llc | $1,250,000 | Sunstate Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Luster Jason | $250,000 | |
| Open | Luster Jason | $2,046,446 | |
| Closed | Luster Jason | $2,046,446 | |
| Closed | Luster Jason | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/05/2022 04/05/22 | Sold | $2,400,000 | -7.7% | $921 / Sq Ft | |
| 10/22/2021 10/22/21 | For Sale | $2,599,900 | +108.0% | $997 / Sq Ft | |
| 10/15/2021 10/15/21 | Sold | $1,250,000 | 0.0% | $545 / Sq Ft | View Prior Sale |
| 09/18/2020 09/18/20 | Pending | -- | -- | -- | |
| 05/03/2020 05/03/20 | Off Market | $1,250,000 | -- | -- | |
| 02/17/2020 02/17/20 | For Sale | $1,250,000 | -- | $545 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $20,297 | $2,202,227 | $1,329,125 | $873,102 |
| 2024 | $20,576 | $2,194,419 | $1,329,125 | $865,294 |
| 2023 | $20,576 | $2,167,360 | $1,329,125 | $838,235 |
| 2022 | $11,215 | $1,133,998 | $424,463 | $709,535 |
| 2021 | $9,111 | $970,284 | $337,855 | $632,429 |
| 2020 | $1,626 | $166,950 | $166,950 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Courtney Conley
Buyer's Agent in 2022
Courtney Conley
Serhant Florida LLC - Miami Office
(305) 395-8206
13 in this area
55 Total Sales
-
S
Buyer Co-Listing Agent in 2022
STEVEN CONLEY, LLC
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
-
S
Buyer Co-Listing Agent in 2022
Steve Conley
Hogfish Realty
-
Steven Conley
Buyer Co-Listing Agent in 2022
Steven Conley
Compass Florida LLC - Tavernier
(305) 393-5859
12 in this area
93 Total Sales
-
F
Seller's Agent in 2021
Franco D'Ascanio
D Asign Source Realty Inc.
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 598212
APN: 00100740-000102
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