NOT LISTED FOR SALE

12399 Overseas Hwy Unit 25 and Slip 1 Marathon, FL 33050

Estimated Value: $1,078,000 - $1,171,641

3 Beds
3 Baths
1,426 Sq Ft
$800/Sq Ft Est. Value

About This Home

This home is located at 12399 Overseas Hwy Unit 25 and Slip 1, Marathon, FL 33050 and is currently estimated at $1,140,660, approximately $799 per square foot. 12399 Overseas Hwy Unit 25 and Slip 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2025
Sold by
Nicholas Mitchell Bruce and Melinda Ann Nicholas Trust
Bought by
Bowen Family Enterprises Llc
Current Estimated Value
$1,140,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,000
Outstanding Balance
$836,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$304,660

Purchase Details

Closed on
Oct 30, 2023
Sold by
Nicholas Mitchell B and Nicholas Melinda A
Bought by
Melinda Ann Nicholas Trust and Nicholas

Purchase Details

Closed on
Nov 20, 2012
Sold by
Palvig Edward and Palvig Donna
Bought by
Nicholas Mitchell B and Nicholas Melinda A

Purchase Details

Closed on
May 21, 2007
Sold by
Boat House Associates Inc
Bought by
Palvig Edward and Palvig Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Bowen Family Enterprises Llc $1,045,000 None Listed On Document
Melinda Ann Nicholas Trust -- None Listed On Document
Nicholas Mitchell B $340,000 Crest Title Company
Palvig Edward $1,250,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowen Family Enterprises Llc $836,000
Previous Owner Palvig Edward $1,000,000
Source: Public Records

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 $10,574 $1,066,034 $686,407 $379,627
2024 $8,256 $1,060,513 $686,407 $374,106
2023 $8,256 $828,952 $0 $0
2022 $8,147 $804,808 $499,664 $305,144
2021 $6,363 $566,072 $333,109 $232,963
2020 $5,948 $561,175 $325,707 $235,468
2019 $5,274 $444,344 $206,371 $237,973
2018 $4,888 $446,849 $206,371 $240,478
2017 $4,584 $422,425 $0 $0
2016 $4,399 $394,658 $0 $0
2015 $4,243 $401,748 $0 $0
2014 $3,707 $277,868 $0 $0
Source: Public Records

Map

Florida Monroe County Marathon 33050

12399 Overseas Hwy Unit 25 and Slip 1, Marathon, FL

Not Listed for Sale

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