NOT LISTED FOR SALE

12399 Overseas Hwy Unit 24 & Boat Slip 2 Marathon, FL 33050

Estimated Value: $1,209,000 - $1,327,000

3 Beds
2.5 Baths
1,440 Sq Ft
$879/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $1,325,000 $920 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,285/month

8 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Dock made with concrete
  • Coral Shores High School Rated A
  • Beach
  • Boat Slip

About This Home

As of October 2023

OMG, ONE-DAY MINIMUM RENTALS, SINGLE FAMILY WITH DEEDED 40' SLIP RIGHT OUT THE BACK DOOR! Check out boutique Coral Lagoon Resort and this fabulous updated MOVE-IN CONDITION DETACHED WATERFRONT home. Super close to Vaca cut for quick and easy deep water Ocean and Bay access. Power and water at your 40' OF CONCRETE DOCK and seawall outside your back door and verandah, make enjoying the water from the backyard of your Key West style home a breeze. Nice community pool and lounging area, nearby full service marina, boat storage, trailer storage, boat ramp, just around the corner too! New kitchen and main floor flooring with updated half bath, new exterior paint, interior paint, new plantation shutters. This owner has kept this home in great condition, and, this could be a MONEY-MACHINE for investors, or owners looking to offset the cost of their second home! Gross rents has the potential to be around $120-150K per year! Pet friendly complex. This unit is one of the hard to get from only 9 single family detached units in this cozy 25 unit community. Being above flood is ideal, and this unit had no damage during Irma! Get in here quick, as its priced to sell! More photos coming soon.

Last Agent to Sell the Property

Peter Schwarz-Top Producer

LoKation Real Estate License #3301618 Listed on: 09/17/2023

LoKation Real Estate

Co-Listed By

Ewa Schwarz

LoKation Real Estate License #3054704

Last Buyer's Agent

Jessica Borraccino

Coldwell Banker Schmitt Real Estate Co. License #3270887

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,700

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 1,181 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned MU - Mixed Use Commercial Mixed Use

HOA Fees

  • $627 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Blinds
  • Double Hung Windows
  • Storage
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Airstrip
  • Seawall
  • Boat Slip
  • Dock made with concrete
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 1
  • Assessor Parcel Number 00100390-002400

Community Details

Overview

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

Recreation

  • Boat Ramp
  • Boat Dock
  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,700

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$627 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 626.93
  • Mandatory HOA: Yes
  • Control Depth: 6
  • Dockage Dock: Concrete
  • Dockage Dock Length: 40
  • Dockage Seawall: Concrete
  • Fee Includes: Cable, Common Area Mnt, Water, Exterminating, Sewer
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • 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 Pool, Airstrip, Other Area Features, Beach, Fire Hydrant, Community Boat Ramp, Community Dockage
  • Pets W Restrictions: check with HOA
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 7699.62
  • Vehicle Storage: Open Parking, Trailer Storage, Off Street Parking, Guest Parking
  • Year Built: 2007
  • Alternate Key Number: 9088715
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 1181.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1440.00
  • Pool Info Other: community pool area
  • 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, Quartz Countertops, Window Treatments, Storage, Split Bedroom
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Laminate, Combo, Carpet
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Double Hung Windows
  • Total Bedrooms: 3
  • Sq Ft Remarks: total gross sq ft is 1820 with exterior verandas

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: Canal View, Open Water View
  • Pool: Yes

Utilities

  • Security: Other
  • Utilities: FKAA, Elect Separate Meter, Cable Available, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00100390-002400
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2023
Closed on
Oct 30, 2023
Sold by
Crews Keith and Crews Ann
Bought by
Purple Oyster Llc
Seller's Agent
Peter Schwarz-Top Producer
LoKation Real Estate
Buyer's Agent
Jessica Borraccino
Coldwell Banker Schmitt Real Estate Co.
List Price
$1,299,000
Sold Price
$1,325,000
Premium/Discount to List
$26,000
2%
Views
16
Current Estimated Value
$1,265,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,684
Avg. Annual Appreciation
-2.58%

Purchase Details

Closed on
Jun 8, 2012
Sold by
Marathon Key Unit 24 Llc
Bought by
Crews Keith and Crews Ann

Purchase Details

Closed on
Jun 19, 2007
Sold by
Boat House Associates Inc
Bought by
Marathon Key Unit 24 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,826
Interest Rate
6.35%
Mortgage Type
Unknown
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
Purple Oyster Llc $1,325,000 None Listed On Document
Crews Keith $351,500 Attorney
Marathon Key Unit 24 Llc $1,229,800 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marathon Key Unit 24 Llc $1,160,826
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $1,325,000 +2.0% $920 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/17/2023 09/17/23 For Sale $1,299,000 -- $902 / 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 $7,803 $1,028,147 $651,097 $377,050
2023 $7,803 $779,909 $0 $0
2022 $7,700 $757,194 $449,607 $307,587
2021 $6,240 $534,625 $299,738 $234,887
2020 $5,844 $530,490 $293,077 $237,413
2019 $5,272 $444,205 $204,266 $239,939
2018 $4,886 $446,730 $204,266 $242,464
2017 $4,581 $422,105 $0 $0
2016 $4,397 $394,627 $0 $0
2015 $4,242 $401,758 $0 $0
2014 $3,705 $277,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ewa Schwarz

    Seller Co-Listing Agent in 2023

    Ewa Schwarz

    LoKation Real Estate

    (305) 781-5704

    150 Total Sales

    Ewa Schwarz
    Section Image
  • Jessica Borraccino

    Buyer's Agent in 2023

    Jessica Borraccino

    Coldwell Banker Schmitt Real Estate Co.

    (305) 619-2648

    17 Total Sales

    Jessica Borraccino
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 606677

Florida Keys Board of REALTORS®

APN: 00100390-002400

Florida Monroe County Marathon 33050

12399 Overseas Hwy Unit 24 & Boat Slip 2, Marathon, FL

This home is located at 12399 Overseas Hwy Unit 24 & Boat Slip 2, Marathon, FL 33050 since 17 September 2023 and is currently estimated at $1,265,316, approximately $878 per square foot. This property was built in 2007. 12399 Overseas Hwy Unit 24 & Boat Slip 2 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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