$470,000
SOLD JUN 30, 2025

1505 Sombrero Blvd Unit 102 Marathon, FL 33050

2 Beds
2 Baths
1,023 Sq Ft
$870/mo HOA Fee

Recently Sold

$459 Per Sq Ft

10% Below List Price

35 Days on Market

Highlights

  • Concrete Pool
  • Harbor Views
  • Furnished
  • Coral Shores High School Rated A
  • Waterfront
  • Impact Glass

About This Home

As of June 2025

Enjoy incredible views of Boot Key Harbor from this beautifully maintained first-floor end unit, offering stunning water and harbor vistas from the kitchen, living room, and primary bedroom. The complex has been meticulously cared for over the years and has successfully completed all required inspections. Recent upgrades include fresh exterior paint and impact-resistant windows and sliders throughout. The condo is being sold furnished, ready for immediate enjoyment.Ideally located on the Ocean side, it's just a short boat ride to several marinas for bait and fuel, and within walking or boating distance to five waterfront restaurants. A quick cruise brings you to the iconic 7 Mile Bridge, with easy access to both Ocean and Gulf fishing.Conveniently situated across from the golf course and just down the bike path from Sombrero Beach and local shopping. Community amenities include a pool, storage locker, kayak and bike racks.Easy to show--schedule your private tour today!

Last Agent to Sell the Property

Kim Show

Coldwell Banker Schmitt Real Estate Co. License #3220812 Listed on: 04/17/2025

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Paulette Thompson PA

Ocean Sotheby's International License #3225300

Ocean Sotheby's International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,230

Year Built

  • Built in 1973

Lot Details

  • Waterfront

HOA Fees

  • $870 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,023 Sq Ft Home
  • Furnished
  • Harbor Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • First Come-First Served Dock
  • Outdoor Storage
  • Attached Grill

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Community Sewer or Septic

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00355370-001202

Community Details

Overview

  • Association fees include exterminating, common area mnt, building insurance, bldg exterior mnt, water
  • Lady Alexander Subdivision
  • Rental Restrictions

Recreation

  • Bike Trail

Pet Policy

  • Pet Restriction: 20 pds or less

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,230

Year Built

Built in 1973

Lot Details

0

HOA Fees

$870 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 870.00
  • Mandatory HOA: Yes
  • Control Depth: 6
  • Fee Includes: Exterminating, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Country Club (Sombrero Blvd & Flamingo)
  • Mile Marker: 49.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Pets W Restrictions: 20 pds or less
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4230.32
  • Vehicle Storage: Assigned Parking, Guest Parking
  • Year Built: 1973
  • Alternate Key Number: 1434388
  • Cooling Heating: Central Air
  • Pool Info: In Ground, Concrete
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1023.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: First Come Dock
  • Waterfront: Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Built-in Grill, Storage
  • Waterview: Open Water View, Harbor/Marina View
  • Pool: Yes

Utilities

  • Utilities: Community Swr Plant, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE
  • Parcel Number: 00355370-001202
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2025
Closed on
Jun 30, 2025
Sold by
Kemp Gary R and Kemp Ruth M
Bought by
Formiller Kurt and Formiller Holly
Seller's Agent
Kim Show
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Paulette Thompson PA
Ocean Sotheby's International
List Price
$525,000
Sold Price
$470,000
Premium/Discount to List
-$55,000
-10.48%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.07%

Purchase Details

Closed on
Apr 29, 2016
Sold by
Tempest Edward H
Bought by
Kemp Gary R and Kemp Ruth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1999
Sold by
Stengel Mildred R
Bought by
Tempest Edward H and Tempest Marilyn M

Purchase Details

Closed on
Apr 1, 1978
Bought by
Kemp Gary R and Kemp Ruth M
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 Type Sale Price Title Company
Warranty Deed $470,000 None Listed On Document
Warranty Deed $324,000 None Available
Warranty Deed $150,000 --
Warranty Deed -- --
Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $224,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $470,000 -5.8% $459 / Sq Ft
05/20/2025 05/20/25 Price Changed $499,000 -5.0% $488 / Sq Ft
04/17/2025 04/17/25 For Sale $525,000 -- $513 / Sq Ft
Source: Marathon and Lower Keys Association 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 $4,064 $398,187 -- $398,187
2023 $4,064 $398,187 $0 $398,187
2022 $3,799 $364,172 $0 $364,172
2021 $3,546 $304,611 $0 $304,611
2020 $3,493 $304,611 $0 $304,611
2019 $3,405 $295,604 $0 $295,604
2018 $3,139 $279,513 $0 $0
2017 $3,150 $280,751 $0 $0
2016 $2,750 $261,216 $0 $0
2015 $2,573 $241,585 $0 $0
2014 $2,281 $176,544 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 614689

APN: 00355370-001202