$1,145,000
SOLD AUG 26, 2025

12399 Overseas Hwy Unit 25 Marathon, FL 33050

3 Beds
2.5 Baths
1,426 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$803 Per Sq Ft

4% Below List Price

42 Days on Market

Highlights

  • Beach
  • Dock made with concrete
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Concrete Pool
  • Cathedral Ceiling

About This Home

As of August 2025

Tucked away in a private end location, this freestanding residence blends Key West-style architecture with thoughtful details throughout. Designed for both style and comfort, the home features 9' ceilings on the first level, vaulted ceilings in the upstairs bedrooms, crown molding, and plantation shutters throughout. Professionally decorated and never rented, it has been exceptionally maintained. Natural light pours in from all four sides, enhancing the spacious three-bedroom, two-and-a-half-bath layout. The expansive covered and uncovered patio extends your living space outdoors, just steps from your 40' dock--providing quick, open-water access to both the Atlantic and Gulf. Set within an intimate, 25-home waterfront community, residents enjoy a resort-like atmosphere, beautifully maintained tropical landscaping, a sparkling pool, dedicated parking, and the flexibility of nightly rentals. A distinctive offering that combines privacy, charm, and investment potential in a premier location.

Last Agent to Sell the Property

Tracy Chacksfield

Berkshire Hathaway HomeServices Keys Real Estate License #SL3510758 Listed on: 07/08/2025

Berkshire Hathaway HomeServices Keys Real Estate

Last Buyer's Agent

Tracy Chacksfield

Berkshire Hathaway HomeServices Keys Real Estate License #SL3510758 Listed on: 07/08/2025

Berkshire Hathaway HomeServices Keys Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,574

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 1,206 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned RM - Residential Medium

HOA Fees

  • $897 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,426 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • French Doors
  • Storage
  • Tile Flooring
  • Canal Views
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Seawall
  • Dock made with concrete
  • Balcony

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00100390-002500

Community Details

Overview

  • Association fees include common area mnt
  • Coral Lagoon Resort Subdivision

Recreation

  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,574

Year Built

Built in 2007 | Remodeled

Lot Details

1,206 Sq Ft Lot

HOA Fees

$897 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 897.29
  • Mandatory HOA: Yes
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: Common Area Mnt
  • Handicap Access: 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: Beach, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 10573.50
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 2007
  • Alternate Key Number: 9088718
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 1206.00
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1426.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • 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: Cathedral Ceilings, Granite Counter Top, Window Treatments, Storage, Smoke Alarms
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Freezer, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Single Hung Windows, French Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Hardi Board Siding
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: FKAA, Cable Available, Buyer to Verify, Municipal Sewer
  • Heating: Central, Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00100390-002500
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2025
Closed on
Aug 25, 2025
Sold by
Nicholas Mitchell Bruce and Melinda Ann Nicholas Trust
Bought by
Bowen Family Enterprises Llc
Seller's Agent
Tracy Chacksfield
Berkshire Hathaway HomeServices Keys Real Estate
Buyer's Agent
Tracy Chacksfield
Berkshire Hathaway HomeServices Keys Real Estate
List Price
$1,195,000
Sold Price
$1,145,000
Premium/Discount to List
-$50,000
-4.18%
Views
102
Current Estimated Value
$1,146,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,124
Avg. Annual Appreciation
0.17%
Original Mortgage
$836,000
Outstanding Balance
$836,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$310,124

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

Listed on
Jul 12, 2012
Closed on
Nov 20, 2012
Sold by
Palvig Edward and Palvig Donna
Bought by
Nicholas Mitchell B and Nicholas Melinda A
Seller's Agent
P. Morgan Hill & Paula Nardone
Exit Realty Florida Keys MTH
Buyer's Agent
Karen Raspe
Island Breeze Realty, LLC
List Price
$650,000
Sold Price
$340,000
Premium/Discount to List
-$310,000
-47.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%

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
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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 Type Sale Price Title Company
Warranty Deed $1,045,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $340,000 Crest Title Company
Special Warranty Deed $1,250,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $836,000 New Conventional
Previous Owner $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2025 08/26/25 Sold $1,145,000 -4.2% $803 / Sq Ft
08/19/2025 08/19/25 Pending -- -- --
07/08/2025 07/08/25 For Sale $1,195,000 +251.5% $838 / Sq Ft
11/28/2012 11/28/12 Sold $340,000 -47.7% $237 / Sq Ft View Prior Sale
09/27/2012 09/27/12 Pending -- -- --
07/12/2012 07/12/12 For Sale $650,000 -- $453 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

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

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    Tracy Chacksfield

    Berkshire Hathaway HomeServices Keys Real Estate

    (312) 350-4601

    24 in this area

    84 Total Sales

    Tracy Chacksfield
    Section Image

  • P

    Seller's Agent in 2012

    P. Morgan Hill & Paula Nardone

    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: Marathon and Lower Keys Association of REALTORS®

MLS Number: 615701

APN: 00100390-002500

Florida Monroe County Marathon 33050

12399 Overseas Hwy Unit 25, Marathon, FL

Sold

Detached

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