NOT LISTED FOR SALE

161 11th St Marathon, FL 33050

Estimated Value: $1,659,000 - $1,924,000

4 Beds
3 Baths
1,200 Sq Ft
$1,516/Sq Ft Est. Value

Last Sold September 11, 2024

Last sale price $1,875,000 $1,562 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $10,843/month

39 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • RV or Boat Parking
  • Coral Shores High School Rated A
  • Golf Course Community
  • Home fronts a canal

About This Home

As of September 2024

Discover the ultimate island retreat with this spacious 2-story home on a sprawling, private lot with a 120 feet of water frontage! This unique property offers an exceptional opportunity to own a rare, large piece of land in the ''Gem of the Florida Keys'' - Key Colony Beach. The updated concrete seawall (2008) set on a prime waterfront location awards you with immediate access to Vaca Cut channel, so you can easily pursue the ocean or the bay! The interior presents a canvas primed for your creative vision, already boasting a well-designed floor plan perfectly suited for today's lifestyle needs with its open-concept living spaces and 2 upstairs bedrooms, each with their own en-suite bath.

Last Agent to Sell the Property

David Grego

Island Breeze Realty, LLC License #3107004 Listed on: 05/28/2024

Last Buyer's Agent

Alex San Juan

Coldwell Banker Realty License #3324462

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,826

Year Built

  • Built in 1969

Lot Details

  • 0.3 Acre Lot
  • 120 Ft Wide Lot
  • Home fronts a canal
  • East Facing Home
  • Property is zoned R-1A - Key Colony

Parking

  • 2 Car Attached Garage
  • Driveway
  • Paver Block
  • Open Parking
  • RV or Boat Parking

Property Views

  • Canal
  • Pool

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Storage Room

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Fiberglass Pool
  • Property has ocean access
  • Canal Width 1-80 Feet
  • Private Dock
  • Screened Balcony
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 00076950-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach 2Nd Add Subdivision

Recreation

  • Golf Course Community
  • Beach Club Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,826

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: KEY COLONY BEACH 2ND ADD
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Second Floor Entry, Storage, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Furnished: Partially Furnished
  • Living Area: 1200
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Living Room Features: Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Metal Roof
  • View: Canal, Pool, Water
  • Exterior Features: Open Balcony, Screened Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: Fiberglass
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Canal Width 1-80 Feet
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: KEY COLONY BEACH 2ND ADD
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Covered, Driveway, Paver Block, Rv/Boat Parking

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Beach Club Member Available, Golf Course Community

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 00076950-000000
  • Lot Size Sq Ft: 13200
  • Zoning: R-1A - Key Colony
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13826

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Sep 12, 2024
Sold by
Waldera Christopher B and Sylvia M Puto Property Trust
Bought by
R Donald Palmer And Stephanie W Palmer Joint and Palmer
Seller's Agent
David Grego
Island Breeze Realty, LLC
Buyer's Agent
Alex San Juan
Coldwell Banker Realty
List Price
$2,349,000
Sold Price
$1,875,000
Premium/Discount to List
-$474,000
-20.18%
Views
31
Current Estimated Value
$1,818,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,109
Avg. Annual Appreciation
-2.96%
Original Mortgage
$1,687,500
Outstanding Balance
$1,672,540
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$146,351

Purchase Details

Listed on
May 28, 2024
Closed on
Sep 10, 2024
Sold by
Donald Palmer R and Donald Stephanie W
Bought by
Gonzalez Sergio
Seller's Agent
David Grego
Island Breeze Realty, LLC
Buyer's Agent
Alex San Juan
Coldwell Banker Realty
List Price
$2,349,000
Sold Price
$1,875,000
Premium/Discount to List
-$474,000
-20.18%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,687,500
Outstanding Balance
$1,672,540
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$146,351

Purchase Details

Closed on
May 31, 2016
Sold by
Palmer R Donald and Palmer Stephanie W
Bought by
Palmer R Donald and Palmer Stephanie W

Purchase Details

Closed on
May 4, 2005
Sold by
Palmer R Donald and Palmer Stephanie W
Bought by
Palmer R Donald and Palmer Stephanie W

Purchase Details

Closed on
Jun 18, 1997
Sold by
Rudolph Alan G and Rudolph F
Bought by
Palmer R D and Palmer Stephanie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
7.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1992
Bought by
Palmer R Donald And Stephanie W Jt Rev Tr 4/2

Purchase Details

Closed on
Nov 1, 1986
Bought by
Palmer R Donald And Stephanie W Jt Rev Tr 4/2

Purchase Details

Closed on
Feb 1, 1981
Bought by
Palmer R Donald And Stephanie W Jt Rev Tr 4/2
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
R Donald Palmer And Stephanie W Palmer Joint -- None Listed On Document
Gonzalez Sergio $1,875,000 None Listed On Document
Palmer R Donald -- None Available
Palmer R Ronald -- None Available
Palmer R Donald -- --
Palmer R D $335,000 --
Palmer R Donald And Stephanie W Jt Rev Tr 4/2 $387,500 --
Palmer R Donald And Stephanie W Jt Rev Tr 4/2 $215,000 --
Palmer R Donald And Stephanie W Jt Rev Tr 4/2 $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Sergio $1,687,500
Previous Owner Palmer R Donald $368,600
Previous Owner Palmer R Donald $375,000
Previous Owner Palmer R D $301,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2024 09/11/24 Sold $1,875,000 -6.2% $1,563 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
07/09/2024 07/09/24 Price Changed $1,998,000 -9.1% $1,665 / Sq Ft
06/04/2024 06/04/24 Price Changed $2,199,000 -6.4% $1,833 / Sq Ft
05/30/2024 05/30/24 For Sale $2,349,000 -- $1,958 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $13,826 $1,526,153 $937,992 $588,161
2023 $13,826 $1,504,643 $937,992 $566,651
2022 $12,051 $1,209,238 $782,496 $426,742
2021 $7,120 $706,386 $0 $0
2020 $6,793 $696,634 $0 $0
2019 $6,645 $680,972 $0 $0
2018 $6,282 $668,275 $0 $0
2017 $6,010 $654,530 $0 $0
2016 $6,128 $641,068 $0 $0
2015 $6,144 $636,612 $0 $0
2014 $6,253 $631,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Grego

    Seller's Agent in 2024

    David Grego

    Island Breeze Realty, LLC

    (305) 481-1296

    229 Total Sales

    David Grego
    Section Image
  • Alex San Juan

    Buyer's Agent in 2024

    Alex San Juan

    Coldwell Banker Realty

    (305) 904-7680

    54 Total Sales

    Alex San Juan
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11595245

MIAMI REALTORS® MLS

APN: 00076950-000000

Florida Monroe County Marathon 33050

161 11th St, Marathon, FL

This home is located at 161 11th St, Marathon, FL 33050 since 28 May 2024 and is currently estimated at $1,818,891, approximately $1,515 per square foot. This property was built in 1969. 161 11th St 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.

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