NOT LISTED FOR SALE

1515 Sombrero Blvd Unit 2C Marathon, FL 33050

Estimated Value: $939,000 - $1,126,000

3 Beds
2.5 Baths
2,440 Sq Ft
1 Acres

Last Sold February 29, 2024

Last sale price $975,000 $400 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,250/month

78 Days on Market

Highlights

  • Lake Front
  • Beach
  • Boat Lift
  • Coral Shores High School Rated A
  • Dock made with concrete
  • Boat Slip

About This Home

As of February 2024

Welcome to your own slice of paradise! This stunning waterfront condo is the perfect oasis for those seeking a tranquil and luxurious lifestyle in the Florida Keys. This rare gem offers panoramic harbor views and a spacious interior of 2440 sq ft with a split floor plan that allows for maximum privacy and comfort. 3 bedrooms, 2.5 baths with one guest room having an ensuite. What truly sets this condo apart is the 800 sq ft (+/-) wraparound porch, where you can enjoy the gorgeous water views and feel the cooling ocean breezes. Take a dip in the resort-style pool or hop on your boat from your private slip and enjoy a day of adventure on the water. The nearby restaurants are just a boat ride away, making it easy to indulge in delicious seafood and cocktails while enjoying the pristine waters of the Keys. The kitchen boasts stunning water views, making meal prep a pleasure. Assigned parking and two storage units provide ample space for all your belongings. Plus, the beach is just a few minutes away, and Key West is only an hour's drive. Don't miss your chance to experience the ultimate waterfront lifestyle here at Cobia Point. Schedule a viewing today!

Last Agent to Sell the Property

Amy Puto

Coldwell Banker Schmitt Real Estate Co. License #3012615 Listed on: 10/26/2023

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Danial Marrs

LPT Realty, LLC License #SL3452383

LPT Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,338

Year Built

  • Built in 1988

Lot Details

  • Lake Front
  • Home fronts a canal

Property Views

  • Harbor
  • Lake
  • Canal

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,440 Sq Ft Home
  • 4-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Guest Parking
  • Open Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • Boat Lift
  • Boat Slip
  • Dock made with concrete
  • Screened Balcony

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00355370-000717

Community Details

Overview

  • Property has a Home Owners Association
  • $2,375 Maintenance Fee
  • Association fees include sewer, common area mnt, building insurance, bldg exterior mnt, water
  • 16 Units
  • Cobia Point Condo Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pet Restriction: YES

Security

  • Complete Electric Power Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,338

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Maintenance Fee: 2375.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Fee Includes: Sewer, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Country Club (Sombrero Blvd & Flamingo)
  • Mile Marker: 49.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Other Area Features, Beach
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5338.31
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Covered Parking, Guest Parking
  • Year Built: 1988
  • Alternate Key Number: 8735057
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Screened P/B
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion, Roll Down Electric
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 2440.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Split Bedroom
  • Floor Number: 2.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Half Bathrooms: 1
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift, Boat Slip
  • Waterfront: Canal Front, Lake Front, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Tennis Court(s)
  • Roof: Other Roof
  • Waterview: Canal View, Harbor/Marina View, Lake View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Elect Separate Meter, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,VE,AE
  • Parcel Number: 00355370-000717
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Feb 29, 2024
Sold by
Bell Lynn C and Sorg David H
Bought by
Knoebel Phillip John and Knoebel Mary Frances
Seller's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Danial Marrs
LPT Realty, LLC
List Price
$1,199,000
Sold Price
$975,000
Premium/Discount to List
-$224,000
-18.68%
Total Days on Market
78
Views
59
Current Estimated Value
$1,002,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,480
Avg. Annual Appreciation
-0.04%

Purchase Details

Closed on
Apr 11, 2006
Sold by
Treasure Road Partners Ltd
Bought by
Sorg W Roger and Sorg Caroline K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 28, 2004
Sold by
Montgomery Michael H
Bought by
Treasure Road Partners Ltd

Purchase Details

Closed on
Dec 12, 2002
Sold by
Watson Robert William
Bought by
Stoeffler James R and Stoeffler Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,900
Interest Rate
3.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 1, 1992
Bought by
Sorg W Roger W and Sorg Caroline K

Purchase Details

Closed on
Jan 1, 1988
Bought by
Sorg W Roger W and Sorg Caroline K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Knoebel Phillip John $975,000 None Listed On Document
Sorg W Roger $1,295,000 Attorney
Treasure Road Partners Ltd $1,035,000 --
Stoeffler James R $537,000 --
Sorg W Roger W $365,000 --
Sorg W Roger W $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sorg W Roger $247,400
Previous Owner Sorg W Roger $417,000
Previous Owner Stoeffler James R $375,900
Closed Stoeffler James R $375,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $975,000 -11.4% $400 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
12/06/2023 12/06/23 Price Changed $1,100,000 -8.3% $451 / Sq Ft
10/26/2023 10/26/23 For Sale $1,199,000 -- $491 / 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 $8,561 $865,232 -- $865,232
2023 $8,561 $865,232 $0 $865,232
2022 $5,338 $550,327 $0 $0
2021 $5,405 $534,299 $0 $534,299
2020 $5,255 $526,923 $0 $526,923
2019 $5,273 $528,678 $0 $528,678
2018 $5,002 $518,821 $0 $0
2017 $4,904 $508,150 $0 $0
2016 $4,948 $497,699 $0 $0
2015 $4,914 $494,239 $0 $0
2014 $4,996 $490,316 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Puto

    Seller's Agent in 2024

    Amy Puto

    Coldwell Banker Schmitt Real Estate Co.

    (305) 766-1745

    294 Total Sales

    Amy Puto
    Section Image

  • D

    Buyer's Agent in 2024

    Danial Marrs

    LPT Realty, LLC

    Section Image
See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 607173

APN: 00355370-000717

Florida Monroe County Marathon 33050

1515 Sombrero Blvd Unit 2C, Marathon, FL

This home is located at 1515 Sombrero Blvd Unit 2C, Marathon, FL 33050 since 26 October 2023 and is currently estimated at $1,002,480, approximately $410 per square foot. This property was built in 1988. 1515 Sombrero Blvd Unit 2C is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes