NOT LISTED FOR SALE

199 Stirrup Key Blvd Marathon, FL 33050

Estimated Value: $678,000 - $2,116,000

0.32 Acre
$4,061,481 Price per Acre
14,100 Sq Ft Lot

Sale Details

Date Sold: September 12, 2023

Last sale price $249,000

Est. 428% increase in value since last sale

Current estimated payment $7,275 / mo

87 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Electric Gate
  • Coral Shores High School Rated A
  • Bay View

About This Lot

As of September 2023

Looking for the perfect spot to build your luxury dream home? Consider this 1/4 acre plus lot, overlooking the stunning Gulf waters. This gated and private subdivision is designed for the discerning buyer who values privacy and exclusivity. Forget about the hassle of transient vacancies - this neighborhood is full of locals who love to gather and socialize. But the real draw of this subdivision is its access to the water. Bring your boat because there's a private boat ramp exclusively for residents. You can launch within minutes and be out on the Gulf of Mexico or Florida Bay in a flash. And with TBR purchased separately, Plus house plans already designed for this lot, you can start building right away. But the real draw of this subdivision is its access to the water privacy, and Local Island Vibe. This area is known for its million-dollar homes and stunning vistas. And for pilots, it's a dream come true. The subdivision is just minutes from the airport, making it easy to jet off on your next adventure. Don't wait, make your dream home a reality today! House plans are for a 4bed, 3.5bath with office that could be a 5th bedroom. 2 car garage that empty into house and 3672 sf under roof.

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 05/31/2023

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Kenny Matlock

No Nonsense Real Estate Branch Office License #SL3410203

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,678

Lot Details

  • 14,100 Sq Ft Lot
  • Cleared Lot
  • Property is zoned RM - Residential Medium

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Electric Gate

Property Views

  • Bay Views

Listing and Financial Details

  • Assessor Parcel Number 00333641-010500

Community Details

Overview

  • Stirrup Key Sub Subdivision

Recreation

  • Boat Ramp
  • Airstrip

Property Details

Property Type

Land

Est. Annual Taxes

$2,678

Lot Details

0.32 Acres

HOA Fees

$100 per month

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Auction Information: No
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Behind the Airport
  • Mile Marker: 52.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Airstrip
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Seller Finance
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2677.61
  • Alternate Key Number: 1410756
  • Lot Sq Ft: 14100.00
  • Species List: Yes
  • First Right of Refusal: Yes
  • Association Fee: 1200.00
  • Association Maintenance Fee Per: Yearly
  • Mandatory HOA: Yes
  • Existing Utilities: None
  • Location Site: Cleared Site
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Water Main Inquiry File: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Waterview: Open Water View, Bay View

Utilities

  • Security: Electric Gate

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE-10
  • Parcel Number: 00333641-010500
  • Land Size: 1/4 - 1/2 Acre
  • Building Permit: No Permit
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2024
Sold by
George Andrew
Bought by
Florida Keys Oz Homes Inc
Current Estimated Value
$1,314,667

Purchase Details

Listed on
May 31, 2023
Closed on
Sep 12, 2023
Sold by
Smith Lavarski and Smith Sopheap
Bought by
Florida Keys Oz Homes Inc
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Kenny Matlock
No Nonsense Real Estate Branch Office
List Price
$359,000
Sold Price
$249,000
Premium/Discount to List
-$110,000
-30.64%
Views
130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.81%
Original Mortgage
$167,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jan 12, 2022
Closed on
May 31, 2022
Sold by
Salko and Cyndy
Bought by
Smith Lavarski and Smith Sopheap
Seller's Agent
Lisa Frins
Century 21 Prestige Realty Grp, Tavernier
Buyer's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
List Price
$249,000
Sold Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$124,500
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 1, 2004
Sold by
Cadenas Ricardo A and Cadenas Deborah A
Bought by
Salko Thomas and Salko Cyndy

Purchase Details

Closed on
Aug 28, 2002
Sold by
Ilene M Klasfeld I
Bought by
Cadenas Ricardo A and Cadenas Deborah

Purchase Details

Closed on
Nov 22, 1993
Sold by
Clerk Circuit Court
Bought by
Klasfeld Ilene M

Purchase Details

Closed on
Jan 1, 1988
Bought by
Salko Thomas and Salko Cyndy
Source: Public Records
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
Florida Keys Oz Homes Inc -- None Listed On Document
Florida Keys Oz Homes Inc $249,000 None Listed On Document
Smith Lavarski $249,000 Wolfe Stevens Pllc
Salko Thomas $195,000 Crest Title Company
Cadenas Ricardo A $41,000 --
Klasfeld Ilene M $24,100 --
Salko Thomas $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Florida Keys Oz Homes Inc $167,000
Previous Owner Smith Lavarski $124,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2023 09/12/23 Sold $249,000 -13.8% --
08/10/2023 08/10/23 Price Changed $289,000 -19.5% --
05/31/2023 05/31/23 For Sale $359,000 +44.2% --
05/31/2022 05/31/22 Sold $249,000 0.0% -- View Prior Sale
01/12/2022 01/12/22 For Sale $249,000 -- --
Source: Marathon and Lower Keys Association of REALTORS®

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
2025 $2,462 $558,639 $558,639 --
2024 $2,698 $205,022 $205,022 --
2023 $2,698 $224,363 $224,363 $0
2022 $2,678 $245,869 $245,869 $0
2021 $2,476 $186,860 $186,860 $0
2020 $2,448 $186,860 $186,860 $0
2019 $2,862 $243,225 $243,225 $0
2018 $2,522 $201,612 $201,612 $0
2017 $2,538 $221,282 $0 $0
2016 $2,745 $293,837 $0 $0
2015 $2,439 $235,070 $0 $0
2014 $2,259 $197,372 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 605515

APN: 00333641-010500

Your Personal Tour Guide

Ask me questions while you tour the home.