$875,000
$124K PRICE DROP

120 Pirates Cove Dr Marathon, FL 33050

Estimated payment $5,424/month

Total Views 3,242
0.26 Acre
$3,391,014 Price per Acre
11,240 Sq Ft Lot

Highlights

  • Airstrip
  • Boat Ramp
  • Property fronts gulf or ocean
  • Coral Shores High School Rated A
  • Beach
  • Bay View

About This Lot

Opportunity to own a contiguous Bay front buildable lot on the Florida Bay within an exclusive gated community in Stirrup Key, Marathon Florida Keys. Buyers to verify permit process or potential to create a ''tie in'' to the existing home on Lot 30. Possibilities are endless depending on your needs. Apply to build an accessory structure and purchase the bay home for a large family retreat. Add a pool and putting green to the single family home for more recreation. Tie in an accessory structure to the existing single family home on extra lot. Park your boat and launch your boat in the homeowner's park.

Listing Agent

TEAM Walters Gloria, Rachel and Michae

Ocean Sotheby's International Realty License #662034_1 Listed on: 02/14/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,902

Lot Details

  • 0.26 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Fenced
  • Cleared Lot
  • Property is zoned RM - Residential Medium

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Electric Gate

Property Views

  • Bay Views

Listing and Financial Details

  • Assessor Parcel Number 00333641-003000

Community Details

Overview

  • Stirrup Key Sub Subdivision

Recreation

  • Boat Ramp
  • Beach
  • Airstrip
  • Rip-Rap

Property Details

Property Type

Land

Est. Annual Taxes

$5,902

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Auction Information: No
  • Control Depth: 3
  • Dockage Seawall: Rip Rap
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Behind the Airport
  • Mile Marker: 52.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Beach, Airstrip
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5902.15
  • Title: Title Ins - Buyer
  • Alternate Key Number: 1410004
  • Lot Sq Ft: 11240.00
  • Species List: No
  • First Right of Refusal: No
  • Association Fee: 1200.00
  • Association Maintenance Fee Per: Yearly
  • Mandatory HOA: Yes
  • Voluntary HOA: No
  • Existing Utilities: None
  • Location Site: Paved Street, Cleared Site, Fenced
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: No
  • Survey Available: No
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Water Main Inquiry File: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Waterview: Open Water View, Bay View

Utilities

  • Security: Electric Gate

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00333641-003000
  • Land Size: 1/4 - 1/2 Acre
  • Building Permit: No Permit
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,805 $570,294 -- --
2023 $5,805 $553,684 $0 $0
2022 $5,726 $537,558 $0 $0
2021 $5,791 $521,901 $0 $0
2020 $5,644 $514,696 $0 $0
2019 $5,532 $503,125 $0 $0
2018 $5,274 $493,744 $0 $0
2017 $5,181 $483,589 $0 $0
2016 $5,222 $473,643 $0 $0
2015 $5,191 $470,351 $0 $0
2014 $5,268 $466,618 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Price Changed $2,850,000 +225.7% $820 / Sq Ft
05/21/2025 05/21/25 Price Changed $875,000 +0.1% --
05/19/2025 05/19/25 Price Changed $874,000 -68.2% --
05/19/2025 05/19/25 Price Changed $2,749,000 -5.2% $791 / Sq Ft
02/14/2025 02/14/25 For Sale $2,899,000 +190.2% $834 / Sq Ft
02/14/2025 02/14/25 For Sale $999,000 -- --
Source: Florida Keys Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $335,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $133,000 No Value Available
Closed $133,000 Small Business Administration
Closed $160,100 No Value Available
Open $500,000 Credit Line Revolving
Open $1,485,000 New Conventional
Closed $500,000 Credit Line Revolving
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 613692

Florida Keys Board of REALTORS®

APN: 00333641-003000