NOT LISTED FOR SALE

12400 Overseas Hwy Unit 13 & 14 Marathon, FL 33050

Estimated Value: $1,339,000 - $1,431,000

6 Beds
6 Baths
2,986 Sq Ft
$465/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $2,500,000 $837 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $9,138/month

55 Days on Market

Highlights

  • Assigned Dock
  • Property fronts gulf or ocean
  • In Ground Pool
  • Coral Shores High School Rated A
  • Boat Slip
  • 1-minute walk to Curry Hammock State Park

About This Home

As of September 2021

Incredible opportunity to own (2) income producing Gulf front town homes. Being sold furnished, bookings in place plus all contacts to continue to run your vacation rental business. Unobstructed views, seconds to Vaca Cut & Ocean. Each unit is 3 beds, 3 bathrooms, 1493 sq ft w/ roof top decks, elevators & 2 boat slips directly in front of units. Bougainvillea Villas is a small gated community with 14 units directly on Gulf with a community pool. Live in one, rent the other or keep both as vacation rentals. Showings on turnover days (Saturday). Rental history & expenses turned over to qualified buyers who have seen the unit & present an offer. POF or prequal letter to set up showing appt. $2.6 for both units, price is firm. HOA amount is for both units. Seller will not separate units.

Last Agent to Sell the Property

Kim Show

Coldwell Banker Schmitt Real Estate Co. License #3220812 Listed on: 05/07/2021

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Sandra Tuttle

American Caribbean Real Estate Lower Keys

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,192

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 1

HOA Fees

  • $833 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Concrete Roof

Interior Spaces

  • 2,986 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Storage
  • Tile Flooring
  • Gulf Views

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Seawall
  • Boat Slip
  • Assigned Dock
  • Balcony

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Property fronts gulf or ocean

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00100571-001400

Community Details

Overview

  • Association fees include common area mnt, sewer, water
  • Bougainvillea Villas Condominium Subdivision

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,192

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$833 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • Additional Assessor Parcel Number 1: 00100571-001400
  • Additional Assessor Parcel Number 2: 00100571-001300
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 2500.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Seawall: Concrete
  • Fee Includes: Common Area Mnt, Sewer, Water
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Vaca East (Vaca to Coco)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 13192.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking
  • Year Built: 2007
  • Alternate Key Number: 9090969/9090970
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Decked, In Ground
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck
  • Association Maintenance Fee Per: Quarterly
  • License Info Number Of City License: 2
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2986.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarms, Storage
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Appliances: Dishwasher, Washer, Refrigerator, Oven, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 6
  • Accessibility Features: Accessible Elevator Installed
  • Sq Ft Remarks: EACH UNIT IS 1493 SQ FT & 3 BED 3 BATH PER PROPERTY DATA CARD. 2,986 SQ FT IS FOR BOTH UNITS FOR A TOTAL OF 6 BED 6 BATH

Exterior Features

  • Dockage: Assigned Dock, Boat Slip
  • Waterfront: Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Concrete Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2024
Sold by
Mittler Joseph W
Bought by
Mittler Properties Llc
Current Estimated Value
$1,389,014

Purchase Details

Listed on
May 7, 2021
Closed on
Sep 2, 2021
Sold by
Rekab Leisure Llc
Bought by
Mittler Joseph W
Seller's Agent
Kim Show
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
List Price
$2,800,000
Sold Price
$2,500,000
Premium/Discount to List
-$300,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.20%
Original Mortgage
$1,000,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2011
Bought by
Rekab Leisure Llc
Source: Public Records

Range of Values:

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Average Value
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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
Mittler Properties Llc -- None Listed On Document
Mittler Joseph W -- Attorney
Mitfier Joseph W $1,250,000 Attorney
Rekab Leisure Llc $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitfier Joseph W $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2021 09/02/21 Sold $2,500,000 -3.8% $837 / Sq Ft
05/30/2021 05/30/21 Price Changed $2,600,000 -7.1% $871 / Sq Ft
05/07/2021 05/07/21 For Sale $2,800,000 -- $938 / 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 $12,242 $1,252,157 -- $1,252,157
2023 $12,242 $1,252,157 $0 $1,252,157
2022 $11,258 $1,093,625 $0 $1,093,625
2021 $7,812 $789,525 $0 $789,525
2020 $6,663 $586,691 $0 $586,691
2019 $6,204 $539,337 $0 $539,337
2018 $5,971 $539,337 $0 $0
2017 $5,501 $485,547 $0 $0
2016 $5,364 $464,001 $0 $0
2015 $4,921 $410,474 $0 $0
2014 $5,031 $410,474 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595976

Florida Keys Board of REALTORS®

APN: 00100571-001400