NOT LISTED FOR SALE

12399 Overseas Hwy Unit 1 Marathon, FL 33050

Estimated Value: $724,183

3 Beds
2.5 Baths
1,410 Sq Ft
$514/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $325,000 $230 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $4,000/month

83 Days on Market

Highlights

  • Airstrip
  • Lake Front
  • Beach
  • Coral Shores High School Rated A
  • Boat Ramp
  • In Ground Pool

About This Home

As of December 2012

Classic Key West Conch-style attached marina home offering 3 bedrooms and 2.5 baths, gourmet kitchen, first and second level private porches. There is marina for slip rentals, trailer storage and a boat ramp. There is a wiggins lift, largest in the keys. Bonefish Bay views. This unit is on the end with a bump out. More windows therefore more light in the unit.

Last Agent to Sell the Property

P. Morgan Hill

Prestige Realty BPK Listed on: 07/12/2012

Co-Listed By

Paula Nardone

Prestige Realty BPK

Last Buyer's Agent

Ben Daniels

Exit Realty Florida Keys MTH

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,550

Year Built

  • Built in 2007

Lot Details

  • Lake Front
  • Fenced
  • Sprinkler System

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,410 Sq Ft Home
  • Furnished
  • Bar
  • Ceiling Fan
  • Shutters
  • Blinds
  • Double Hung Windows
  • French Doors
  • Storage
  • Lake Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Airstrip
  • Balcony
  • Rain Gutters

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00100360-001010

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable, exterminating, common area mnt
  • 25 Units
  • Coral Lagoon Resort Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Ramp
  • Beach

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,550

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • Additional Assessor Parcel Number 1: 00100360-001010
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 475.00
  • Mandatory HOA: Yes
  • Control Depth: 6
  • Fee Includes: Cable, Exterminating, Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: Yes
  • Key Island: Marathon
  • Limited Representation: No
  • Mile Marker: 53.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Other Area Features, Manager on Premises, Fire Hydrant, Community Boat Ramp, Beach
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4550.18
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking, Open Parking
  • Year Built: 2007
  • Alternate Key Number: 9090000
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Decked, In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Info Condo Docs: No
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1410.00
  • Sewer Hook Up: Yes
  • Special Features: 12
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Window Treatments, Smoke Alarms, Storage, Split Bedroom, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Range, Refrigerator, Microwave, Oven, Dryer, Disposal
  • Floor: Carpet, Tile, Combo
  • Half Bathrooms: 1
  • Windows/Doors: Double Hung Windows, French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Basin, Other Dockage
  • Waterfront: Lake Front, Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing, Sprinkler System, Rain Gutters
  • Roof: Metal Roof
  • Waterview: Lake View, Open Water View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Elect Separate Meter, FKAA, Community Swr Plant

Lot Info

  • Deed Restrictions: Yes
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished, Negotiable

Tax Info

  • Tax Year: 2011

Multi Family

  • Total Units: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2023
Sold by
Nicholas Mitchell B and Nicholas Melinda A
Bought by
Melinda Ann Nicholas Trust and Nicholas
Current Estimated Value
$724,183

Purchase Details

Listed on
Jul 12, 2012
Closed on
Dec 28, 2012
Sold by
Palvig Edward and Palvig Donna
Bought by
Donzella David
Seller's Agent
P. Morgan Hill
Prestige Realty BPK
Buyer's Agent
Ben Daniels
Exit Realty Florida Keys MTH
List Price
$650,000
Sold Price
$325,000
Premium/Discount to List
-$325,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.29%
Original Mortgage
$255,000
Interest Rate
3.35%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 12, 2012
Closed on
Nov 28, 2012
Sold by
Palvig Edward and Palvig Donna
Bought by
Nicholas Mitchell B and Nicholas Melinda A
Seller's Agent
P. Morgan Hill
Prestige Realty BPK
Buyer's Agent
Ben Daniels
Exit Realty Florida Keys MTH
List Price
$650,000
Sold Price
$325,000
Premium/Discount to List
-$325,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2007
Sold by
Boat House Associates Inc
Bought by
Palvig Edward and Palvig Donna
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
Melinda Ann Nicholas Trust -- None Listed On Document
Donzella David $325,000 Crest Title Company
Nicholas Mitchell B $40,000 Crest Title Company
Palvig Edward $175,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donzella David $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $325,000 +712.5% $230 / Sq Ft
11/28/2012 11/28/12 Sold $40,000 0.0% $28 / Sq Ft
11/27/2012 11/27/12 Pending -- -- --
11/27/2012 11/27/12 For Sale $40,000 -93.8% $28 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
07/12/2012 07/12/12 For Sale $650,000 -- $461 / 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 $415 $58,200 $58,200 --
2023 $415 $58,200 $58,200 $0
2022 $352 $41,920 $41,920 $0
2021 $318 $32,192 $32,192 $0
2020 $323 $33,198 $33,198 $0
2019 $343 $35,210 $35,210 $0
2018 $330 $35,210 $35,210 $0
2017 $311 $35,210 $0 $0
2016 $298 $33,600 $0 $0
2015 $255 $26,350 $0 $0
2014 $262 $26,347 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    P. Morgan Hill

    Prestige Realty BPK

  • P

    Seller's Agent in 2012

    P. Morgan Hill & Paula Nardone

    Exit Realty Florida Keys MTH

  • P

    Seller Co-Listing Agent in 2012

    Paula Nardone

    Prestige Realty BPK

  • B

    Buyer's Agent in 2012

    Ben Daniels

    Exit Realty Florida Keys MTH

  • K

    Buyer's Agent in 2012

    Karen Raspe

    Island Breeze Realty, LLC

  • K

    Buyer's Agent in 2012

    Karen Raspe, PA

    American Caribbean Real Estate - Middle Keys

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 558467

Florida Keys Board of REALTORS®

APN: 00100360-001010

Florida Monroe County Marathon 33050

12399 Overseas Hwy Unit 1, Marathon, FL

This home is located at 12399 Overseas Hwy Unit 1, Marathon, FL 33050 since 12 July 2012 and is currently estimated at $724,183, approximately $513 per square foot. This property was built in 2007. 12399 Overseas Hwy Unit 1 is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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