NOT LISTED FOR SALE

1500 Overseas Hwy Unit 404 Marathon, FL 33050

Estimated Value: $659,294 - $822,000

2 Beds
2 Baths
1,137 Sq Ft
$732/mo HOA Fee

Last Sold April 27, 2021

Last sale price $539,333 $474 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,796/month

1 Day on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Beach
  • Coral Shores High School Rated A
  • Assigned Dock
  • Property fronts gulf or ocean

About This Home

As of April 2021

''Living on an Island'' Spectacular Amazing Direct Gulf Water Views and an impressive view of Faro Blanco Light House. This Lovely Hidden Gated Community is located on a Peninsula. Enjoy the open floor plan, split bedrooms, with water views from every window. For added privacy there are no shared walls. Relax on the 4th floor balconies or by the pool which has a shower and restrooms for your convenience. A boaters DREAM, this unit has a 38 ft. deeded dock with ladder, dock box, water, electric at dock. Immediate access to the gulf and minutes to the ocean. Convenient to shopping and restaurants. Elevator and covered parking. Complex is meticulously maintained. Must see.

Last Agent to Sell the Property

Brenda Alexander, Broker

East Coast Waterfront Properties Listed on: 03/15/2021

Last Buyer's Agent

Cindy Alexander

Oceanside Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,210

Year Built

  • Built in 1986

Lot Details

  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor

HOA Fees

  • $732 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Concrete Roof

Interior Spaces

  • 1,137 Sq Ft Home
  • 5-Story Property
  • Furnished
  • Ceiling Fan
  • Jalousie or louvered window
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Laundry Room
  • Gulf Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Home Security

Parking

  • Covered Parking
  • Electric Gate
  • Guest Parking

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Concrete Pool
  • Spa

Outdoor Features

  • Airstrip
  • Assigned Dock
  • Dock made with wood
  • Balcony
  • Screened Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00102761-001200

Community Details

Overview

  • Association fees include bldg exterior mnt, security, water, common area mnt, building insurance
  • 16 Units
  • Casa Cayo Subdivision

Recreation

  • Boat Ramp
  • Beach

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Complete Electric Power Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,210

Year Built

Built in 1986

Lot Details

0

HOA Fees

$732 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 2196.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Wood
  • Document Count: 1
  • Fee Includes: Bldg Exterior Mnt, Security, Water, Common Area Mnt, Building Insurance
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Old Town West (11th to 25th)
  • Mile Marker: 48.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Community Boat Ramp, Beach
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4210.34
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Guest Parking
  • Year Built: 1986
  • Alternate Key Number: 8691211
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Concrete
  • Porch Balcony: Open Porch/Balcony, Screened Patio
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion, Roll Down Electric
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 5 Stories
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 1137.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Other, Storage, Split Bedroom, Entrance Foyer, Elevator
  • Floor Number: 4.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Refrigerator, Range, Disposal
  • Floor: Carpet, Marble
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Jalousie Windows, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Assigned Dock
  • Waterfront: Bay Front, Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Hot Tub, Storage
  • Roof: Concrete Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Community Swr Plant, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE
  • Parcel Number: 00102761-001200
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Apr 26, 2021
Sold by
Smith Odias and Smith Kathie S
Bought by
Tompkins Richard
Seller's Agent
Brenda Alexander, Broker
East Coast Waterfront Properties
Buyer's Agent
Cindy Alexander
Oceanside Realty
List Price
$539,333
Sold Price
$539,333
Current Estimated Value
$718,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,241
Avg. Annual Appreciation
6.58%
Original Mortgage
$370,000
Outstanding Balance
$335,312
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$383,262

Purchase Details

Closed on
Aug 13, 1996
Sold by
Savage Grace J and Savage George M
Bought by
Smith Odias and Smith Kathie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1990
Bought by
Smith Odias and Smith Kathie S

Purchase Details

Closed on
Apr 1, 1987
Bought by
Smith Odias and Smith Kathie S

Purchase Details

Closed on
Aug 1, 1986
Bought by
Smith Odias and Smith Kathie S
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
Tompkins Richard $539,330 Florida Title Professional
Smith Odias $210,000 --
Smith Odias $174,500 --
Smith Odias $175,000 --
Smith Odias $356,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tompkins Richard $370,000
Previous Owner Smith Odias $200,000
Previous Owner Smith Odias $80,100
Previous Owner Smith Odias $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2021 04/27/21 Sold $539,333 0.0% $474 / Sq Ft
03/15/2021 03/15/21 For Sale $539,333 -- $474 / 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 $3,545 $374,732 -- --
2023 $3,545 $363,818 $0 $0
2022 $3,487 $353,222 $0 $0
2021 $4,881 $454,161 $0 $454,161
2020 $4,354 $392,990 $0 $392,990
2019 $4,210 $404,417 $0 $404,417
2018 $3,784 $378,170 $0 $0
2017 $3,939 $353,157 $0 $0
2016 $3,868 $353,157 $0 $0
2015 $3,822 $380,040 $0 $0
2014 $3,755 $380,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Brenda Alexander, Broker

    East Coast Waterfront Properties

  • C

    Buyer's Agent in 2021

    Cindy Alexander

    Oceanside Realty

  • C

    Buyer's Agent in 2021

    Cynthia Alexander

    Lokation Real Estate

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595175

Florida Keys Board of REALTORS®

APN: 00102761-001200

Florida Monroe County Marathon 33050

1500 Overseas Hwy Unit 404, Marathon, FL

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.

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