NOT LISTED FOR SALE

11890 1st Avenue Gulf Unit 4 Marathon, FL 33050

Estimated Value: $2,533,723 - $2,833,000

5 Beds
4 Baths
2,293 Sq Ft
$1,167/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $1,235,000 $539 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $15,751/month

196 Days on Market

Highlights

  • Ocean View
  • Dock made with wood
  • Home fronts a canal
  • Coral Shores High School Rated A
  • In Ground Pool
  • Furnished

About This Home

As of October 2020

D'Asign Source exclusive, The Tides at Vaca Cut are fully appointed Vacation Rental ready units; Perfectly situated on the water with stunning views and easy access to the Atlantic Ocean and Gulf of Mexico. These fully furnished units feature an expansive master suite with walk-in closet, open living space, quartz countertops, waterfall island with seating, and dry bar entertainment area. All units integrate energy efficient systems and environmentally conscious design and construction. The community offers private dock access with fish cleaning tables, waterfront gazebo, dog walk, and community trash pickup. Within walking distance to restaurants, Florida Keys Aquarium Encounters, and water activities, a short drive to Sombrero Beach, Bahia Honda State Park, Islamorada or Key West.

Last Agent to Sell the Property

Franco D'Ascanio

D Asign Source Realty Inc. Listed on: 02/17/2020

Last Buyer's Agent

Franco Ascanio

Coldwell Banker Schmitt Real Estate Co. License #3084470

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,531

Year Built

  • Built in 2020

Lot Details

  • Home fronts a canal
  • Property is zoned RM - Residential Medium

Property Views

  • Ocean
  • Gulf
  • Canal

Home Design

  • Metal Roof

Interior Spaces

  • 2,293 Sq Ft Home
  • Furnished
  • Vinyl Flooring
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Guest Parking
  • Open Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Dock made with wood
  • Balcony
  • Gazebo

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Fat Deer Key Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00100740-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,531

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • 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: Vaca East (Vaca to Coco)
  • Mile Marker: 53.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 9531.40
  • Vehicle Storage: Assigned Parking, Open Parking, Guest Parking, Covered Parking, Carport
  • Year Built: 2020
  • Alternate Key Number: 1117722
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2293.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Quartz Countertops, Walk-in Closet(s)
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Microwave, Washer, Refrigerator, Range, Oven, Dryer
  • Floor: Vinyl
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 5

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Gazebo
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Ocean View, Open Water View, Canal View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00100740-000100
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2022
Sold by
Vaca Cut 2 Llc
Bought by
Luster Jason and Luster Dina
Current Estimated Value
$2,675,681

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
$2,440,467

Purchase Details

Closed on
Apr 2, 2022
Sold by
Vaca Cut 2 Llc
Bought by
Luster Jason and Luster Dina

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
$2,440,467

Purchase Details

Closed on
Oct 15, 2021
Sold by
Coastal Properties Vaca Cut Llc
Bought by
Vaca Cut 2 Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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
10/02/2020 10/02/20 Sold $1,235,000 0.0% $539 / Sq Ft
05/03/2020 05/03/20 Off Market $1,235,000 -- --
02/17/2020 02/17/20 For Sale $1,295,000 -- $565 / 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
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

  • F

    Seller's Agent in 2020

    Franco D'Ascanio

    D Asign Source Realty Inc.

  • Franco Ascanio

    Buyer's Agent in 2020

    Franco Ascanio

    Coldwell Banker Schmitt Real Estate Co.

    (305) 481-1395

    12 in this area

    15 Total Sales

    Franco Ascanio
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589877

Florida Keys Board of REALTORS®

APN: 00100740-000102

Florida Monroe County Marathon 33050

11890 1st Avenue Gulf Unit 4, Marathon, FL

Not Listed for Sale

Detached

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