1505 Sombrero Blvd Unit 306 Marathon, FL 33050
2
Beds
2
Baths
1,023
Sq Ft
$770/mo
HOA Fee
Highlights
- Assigned Dock
- Beach
- Harbor Views
- Coral Shores High School Rated A
- Concrete Pool
- Screened Balcony
About This Home
As of April 2025TOP FLOOR, END UNIT, OCEAN VIEWS HUGE PRICE REDUCTION!! Artist condo with gorgeous views from living, dining, kitchen, master and guest bedroom! FANTASTIC LOCATION, tucked away at the quiet end of the complex, away from the pool with quick OCEAN and GULF access and multiple marina's near by for fueling up for a day of boating. If you are into cruising, dine by boat at one of the many bars and restaurants just a short ride from the condo or walk to waterfront dining just a few blocks down at Dockside. The beautiful Sombrero Country Club is across the street for those that like to take in a round of golf. There is a nice bike path in front of the condo that goes around the golf course and straight down to Sombrero Beach for those into biking and walking. Grocery shopping is just a few minutes up the road. The complex is well maintained and managed with heated pool, outdoor entertaining area, storage unit, kayak and bike station. No need to shutter up every time you head home, the condo has high impact windows and sliders. Enjoy a glass of wine on your screened in patio and watch the sailboats drift by. The condo board is exceptional and in good shape. Low condo dues include water, exterminating, exterior insurance and common area maintenance. Currently 1 boat slip available for an incoming buyer (fee is $370.00 a year) Easy to show to qualified buyers. Building just painted!
Last Agent to Sell the Property
Coldwell Banker Schmitt Real Estate Co. License #3220812 Listed on: 12/14/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,001
Year Built
- Built in 1973
HOA Fees
- $770 Monthly HOA Fees
Parking
- Assigned Parking
Interior Spaces
- 1,023 Sq Ft Home
- Tile Flooring
- Harbor Views
Kitchen
- <<OvenToken>>
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Pool
- Concrete Pool
- In Ground Pool
Outdoor Features
- First Come-First Served Dock
- Assigned Dock
- Screened Balcony
- Outdoor Storage
Utilities
- Central Air
- Separate Meters
- Public Hookup Available For Sewer
Listing and Financial Details
- Minimum Rental Period: 28
- Assessor Parcel Number 00355370-001218
Community Details
Overview
- $100 Maintenance Fee
- Association fees include sewer, common area mnt, building insurance, bldg exterior mnt, water, exterminating
- Lady Alexander Subdivision
- Rental Restrictions
Recreation
- Beach
- Bike Trail
Pet Policy
- Pet Restriction: 20pds w/board approv
Security
- Impact Glass
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 14, 2024
Closed on
Apr 16, 2025
Sold by
Smith Charles R and Smith Dreama F
Bought by
Kurt J Banas And Debra L Banas Revocable Trus and Banas
Seller's Agent
Kim Show
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Scott Brisson
KeyIsle Realty
List Price
$617,500
Sold Price
$530,000
Premium/Discount to List
-$87,500
-14.17%
Views
97
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,487
Avg. Annual Appreciation
6.04%
Original Mortgage
$371,000
Outstanding Balance
$371,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$166,515
Purchase Details
Listed on
Apr 5, 2013
Closed on
May 24, 2013
Sold by
Denning Joseph Dale
Bought by
Smith Charles R and Smith Dreama F
Seller's Agent
Kim Show
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Karen Chesley
EXP Realty LLC Branch Office
List Price
$255,000
Sold Price
$240,000
Premium/Discount to List
-$15,000
-5.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$168,000
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 13, 2001
Bought by
Smith Charles R and Smith Dreama F
Purchase Details
Closed on
Oct 1, 1982
Bought by
Smith Charles R and Smith Dreama F
Purchase Details
Closed on
Feb 1, 1974
Bought by
Smith Charles R and Smith Dreama F
Similar Homes in Marathon, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $530,000 | None Listed On Document | |
| Warranty Deed | $530,000 | None Listed On Document | |
| Warranty Deed | $240,000 | Attorney | |
| Warranty Deed | $200,000 | -- | |
| Warranty Deed | $67,000 | -- | |
| Deed | $36,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $371,000 | New Conventional | |
| Closed | $371,000 | New Conventional | |
| Previous Owner | $168,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | Sold | $530,000 | -6.9% | $518 / Sq Ft |
| 01/15/2025 01/15/25 | Price Changed | $569,000 | -7.9% | $556 / Sq Ft |
| 12/14/2024 12/14/24 | For Sale | $617,500 | +157.3% | $604 / Sq Ft |
| 06/03/2013 06/03/13 | Sold | $240,000 | -5.9% | $235 / Sq Ft |
| 04/11/2013 04/11/13 | Pending | -- | -- | -- |
| 04/05/2013 04/05/13 | For Sale | $255,000 | -- | $249 / Sq Ft |
Source: Marathon and Lower Keys Association of REALTORS®
Tax History Compared to Growth
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 | $4,001 | $371,023 | -- | $371,023 |
| 2023 | $4,001 | $371,023 | $0 | $371,023 |
| 2022 | $4,218 | $411,783 | $0 | $411,783 |
| 2021 | $3,941 | $345,571 | $0 | $345,571 |
| 2020 | $3,683 | $345,571 | $0 | $345,571 |
| 2019 | $3,465 | $335,333 | $0 | $335,333 |
| 2018 | $3,093 | $303,353 | $0 | $0 |
| 2017 | $2,953 | $304,684 | $0 | $0 |
| 2016 | $2,862 | $293,493 | $0 | $0 |
| 2015 | $2,680 | $271,734 | $0 | $0 |
| 2014 | $2,281 | $176,544 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Show
Seller's Agent in 2025
Kim Show
Coldwell Banker Schmitt Real Estate Co.
(305) 743-5181
135 Total Sales
-
Scott Brisson
Buyer's Agent in 2025
Scott Brisson
KeyIsle Realty
(305) 563-1453
10 Total Sales
-
K
Buyer's Agent in 2013
Karen Chesley
EXP Realty LLC Branch Office
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 612705
APN: 00355370-001218
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