NOT LISTED FOR SALE

124 Avenue E Marathon, FL 33050

Estimated Value: $2,647,000 - $3,342,712

0.4 Acre
$7,588,791 Price per Acre
17,600 Sq Ft Lot

Last Sold January 15, 2020

Last sale price $360,000

Est. 752% increase in value since last sale

Current estimated payment $17,849/month

376 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • 17,600 Sq Ft lot
  • Coral Shores High School Rated A
  • Beach
  • 1-minute walk to Curry Hammock State Park

About This Lot

As of January 2020

The Perfect spot to build your home! Tucked away in the sought after neighborhood of Coco Plum, this lot offers 275 ft. of Water Frontage and beautiful open water views of Bonefish Bay! Permit filed pending BPAS allocation to build on this Large lot, almost a half acre of land with a deep water canal surrounding, ideal for accommodating larger boats. Great boatability with open water, sandbars and snorkeling reefs nearby. There's even a quiet beach within walking distance! Location, Location, Location! Owner has plans for a 3,255 sq. ft. home with a rooftop gazebo, man cave, office and large master suite. These plans also include a pool that's fully decked.

Last Agent to Sell the Property

David Grego

Island Breeze Realty Branch Office License #BK3107004 Listed on: 12/01/2018

Last Buyer's Agent

Ben Daniels

Exit Realty Florida Keys MTH

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,257

Lot Details

  • 0.4 Acre Lot
  • Home fronts a canal
  • Cul-De-Sac
  • Cleared Lot
  • Property is zoned RM - Residential Medium

Property Views

  • Canal Views

Listing and Financial Details

  • Assessor Parcel Number 00364030-000000

Community Details

Overview

  • Coco Plum Subdivision

Recreation

  • Boat Ramp
  • Beach
  • Airstrip

Property Details

Property Type

Land

Est. Annual Taxes

$2,257

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: Coco Plum
  • Mile Marker: 54.60
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Beach, Airstrip, Fire Hydrant
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2256.52
  • Title: Negotiable
  • Alternate Key Number: 1446831
  • Lot Sq Ft: 17600.00
  • Species List: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Existing Utilities: Sewer, Water Line
  • Location Site: Paved Street, Cleared Site, Cul-de-Sac, Water Frontage
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Recorded Plat: Yes
  • R O G O Exempt: No
  • Tax Exemptions: None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: Canal Front, Open Water
  • Waterfront: Yes
  • Waterview: Canal View, Open Water View

Utilities

  • Security: Patrolled Area

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00364030-000000
  • Land Size: 1/4 - 1/2 Acre
  • Building Permit: Expired Permit

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2018
Closed on
Jan 21, 2020
Sold by
Shattuck David M and Shattuck Carolyn M
Bought by
Seckinger Christian C
Seller's Agent
David Grego
Island Breeze Realty Branch Office
Buyer's Agent
Ben Daniels
Exit Realty Florida Keys MTH
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%
Current Estimated Value
$3,066,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,706,178
Avg. Annual Appreciation
43.25%

Purchase Details

Listed on
Dec 1, 2018
Closed on
Jan 14, 2020
Sold by
Waldera Christopher B
Bought by
Seckinger Christian C
Seller's Agent
David Grego
Island Breeze Realty Branch Office
Buyer's Agent
Ben Daniels
Exit Realty Florida Keys MTH
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%

Purchase Details

Closed on
Aug 16, 2012
Sold by
Schaumloffel Mary Dean
Bought by
Shattuck David M and Shattuck Carolyn M

Purchase Details

Closed on
Apr 2, 2003
Sold by
Five Cs Fuel Dock Inc
Bought by
Schaumloffel Mary Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,600
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2002
Sold by
Walsh John J Trust C
Bought by
Five Cs Fuel Dock Inc

Purchase Details

Closed on
Jan 7, 1998
Sold by
Walsh John J
Bought by
Walsh John J

Purchase Details

Closed on
May 8, 1997
Sold by
Old Kent Bank Tr
Bought by
Walsh John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
7.98%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 10, 1996
Sold by
Pr Marshall G Wiseheart
Bought by
Old Kent Bank

Purchase Details

Closed on
Feb 1, 1971
Bought by
Shattuck David M and Shattuck Carolyn M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Seckinger Christian C $360,000 None Listed On Document
Seckinger Christian C -- Attorney
Shattuck David M $320,000 Attorney
Schaumloffel Mary Dean $374,000 --
Five Cs Fuel Dock Inc $129,000 --
Walsh John J $100 --
Walsh John J $75,000 --
Old Kent Bank $100 --
Shattuck David M $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schaumloffel Mary Dean $336,600
Previous Owner Old Kent Bank $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2020 01/15/20 Sold $360,000 -4.0% --
11/26/2019 11/26/19 Price Changed $375,000 -6.0% --
12/01/2018 12/01/18 For Sale $399,000 -- --
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
2025 $21,404 $2,408,714 -- --
2024 $21,572 $2,303,333 $1,029,618 $1,273,715
2023 $21,572 $2,262,391 $0 $0
2022 $3,915 $459,378 $459,378 $0
2021 $3,323 $272,466 $272,466 $0
2020 $3,467 $291,556 $291,556 $0
2019 $3,320 $285,220 $285,220 $0
2018 $3,050 $278,180 $278,180 $0
2017 $2,885 $267,620 $0 $0
2016 $2,829 $266,583 $0 $0
2015 $2,449 $192,950 $0 $0
2014 $2,304 $168,405 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David Grego

    Island Breeze Realty Branch Office

    Section Image

  • B

    Buyer's Agent in 2020

    Ben Daniels

    Exit Realty Florida Keys MTH

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 583037

Florida Keys Board of REALTORS®

APN: 00364030-000000

Florida Monroe County Marathon 33050

124 Avenue E, Marathon, FL

Not Listed for Sale

Lots

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