NOT LISTED FOR SALE

12399 Overseas Hwy Unit 10 Marathon, FL 33050

Estimated Value: $59,296

3 Beds
2.5 Baths
1,360 Sq Ft
$44/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $920,000 $676 Per Sq Ft

Current estimated payment $905/month

56 Days on Market

Highlights

  • Boat Ramp
  • Dock made with concrete
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Heated In Ground Pool
  • Furnished

About This Home

As of November 2021

NOW PRICED TO SELL! Income producing luxury end-unit and deeded 40 ft boat slip conveniently located in Marathon at picturesque Coral Lagoon Resort and Marina. This destination resort oasis allows nightly rentals and is situated on 6 acres of manicured grounds with 25 Key West style villas, gated and decked pool area plus onsite boat ramp, fuel and ice. Unit 10 is a bi-level attached villa with 40 ft deeded boat slip directly behind featuring granite countertops in kitchen with new appliances, open concept kitchen/living/dining with plenty of natural light, half bathroom with granite tops, plus front and back porches on the first level. Second level features spacious master ensuite with 300 sf open air porch, two bedrooms with guest bathroom, and new stackable washer/dryer. New AC with transferrable Trane warranty/maintenance, Miami-Dade rated hurricane shutters, interior/exterior paint, and most furnishings too. With nightly rentals permitted, this villa has been an income producer for 5 years. Sold fully furnished with future bookings in place, begin generating income right away. Ideal for investment, second home buyers and anglers alike with immediate access to the Gulf of Mexico and Atlantic Ocean.

Last Agent to Sell the Property

Ally Kelley

Ocean Sotheby's International License #SL3352184 Listed on: 08/05/2021

Ocean Sotheby's International

Co-Listed By

Jenna Chapa

Ocean Sotheby's International License #SL3482418

Last Buyer's Agent

Danial Marrs

LPT Realty, LLC License #SL3452383

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,765

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 1,057 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned MU - Mixed Use Commercial Mixed Use

HOA Fees

  • $542 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,360 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Double Hung Windows
  • Tile Flooring
  • Canal Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Parking

  • Guest Parking
  • Open Parking

Outdoor Features

  • Heated In Ground Pool
  • Dock made with concrete
  • Balcony

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00100390-001000

Community Details

Overview

  • Association fees include cable, water, sewer, exterminating, common area mnt
  • Coral Lagoon Resort Subdivision

Recreation

  • Boat Ramp
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,765

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$542 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00100360-001130
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 541.62
  • Mandatory HOA: Yes
  • Control Depth: 6
  • Dockage Dock: Concrete
  • Dockage Dock Length: 40
  • Document Count: 4
  • Fee Includes: Cable, Water, Sewer, Exterminating, Common Area Mnt
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Vaca East (Vaca to Coco)
  • Mile Marker: 53.00
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Community Pool
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5765.05
  • Vehicle Storage: Guest Parking, Trailer Storage, Open Parking
  • Year Built: 2007
  • Alternate Key Number: 9088661
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 1057.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1360.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Window Treatments, Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Double Hung Windows
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Municipal Sewer, Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00100390-001000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Nov 15, 2021
Sold by
Ellington Properties Coral Lagoon Llc
Bought by
Kline Steven and Kline Nicole
Seller's Agent
Ally Kelley
Ocean Sotheby's International
Buyer's Agent
Danial Marrs
LPT Realty, LLC
List Price
$1,150,000
Sold Price
$920,000
Premium/Discount to List
-$230,000
-20%
Current Estimated Value
$59,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$860,704
Avg. Annual Appreciation
-52.06%

Purchase Details

Closed on
Feb 18, 2020
Sold by
Ellington Jason and Ellington Amy
Bought by
Ellington Properties Coral Lagoon Llc

Purchase Details

Closed on
Dec 5, 2019
Sold by
Weddle Ronald W and Straughn Katherine
Bought by
Weddle Ronald W

Purchase Details

Closed on
Jan 29, 2016
Bought by
Ellington Jason

Purchase Details

Closed on
Apr 20, 2007
Sold by
Boat House Associates Llc
Bought by
Petrella Brian
Source: Public Records

Range of Values:

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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
Kline Steven $50,000 Attorney
Ellington Properties Coral Lagoon Llc -- None Available
Weddle Ronald W $162,500 Attorney
Ellington Jason $100 --
Petrella Brian $179,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2021 11/16/21 Sold $920,000 -2.1% $676 / Sq Ft
10/21/2021 10/21/21 Sold $940,000 -5.5% $691 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/15/2021 09/15/21 Price Changed $995,000 -7.4% $732 / Sq Ft
08/18/2021 08/18/21 Price Changed $1,075,000 -6.5% $790 / Sq Ft
08/05/2021 08/05/21 For Sale $1,150,000 0.0% $846 / Sq Ft
07/08/2021 07/08/21 For Sale $1,150,000 +96.6% $846 / Sq Ft
06/16/2016 06/16/16 Sold $585,000 -3.0% $430 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $603,200 -- $444 / 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 $461 $58,200 $58,200 --
2023 $461 $58,200 $58,200 $0
2022 $394 $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 $331 $35,210 $35,210 $0
2017 $332 $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

  • Ally Kelley

    Seller's Agent in 2021

    Ally Kelley

    Ocean Sotheby's International

    (305) 735-4095

    133 Total Sales

    Section Image

  • D

    Seller's Agent in 2021

    David Grego

    Island Breeze Realty Branch Office

    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jenna Chapa

    Ocean Sotheby's International

    Section Image

  • D

    Buyer's Agent in 2021

    Danial Marrs

    LPT Realty, LLC

    Section Image

  • o

    Buyer's Agent in 2021

    outside of mls

    Outside Of MLS

  • D

    Seller's Agent in 2016

    Debbie Halama

    Lower Keys Realty, Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 597225

Florida Keys Board of REALTORS®

APN: 00100360-001130

Florida Monroe County Marathon 33050

12399 Overseas Hwy Unit 10, Marathon, FL

This home is located at 12399 Overseas Hwy Unit 10, Marathon, FL 33050 since 05 August 2021 and is currently estimated at $59,296, approximately $43 per square foot. This property was built in 2007. 12399 Overseas Hwy Unit 10 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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