$650,000
SOLD JUN 1, 2023

1998 Overseas Hwy Unit A1 Marathon, FL 33050

3 Beds
2 Baths
1,650 Sq Ft
$1,126/mo HOA Fee

Recently Sold

$394 Per Sq Ft

10% Below List Price

51 Days on Market

Highlights

  • Property fronts gulf or ocean
  • In Ground Pool
  • Furnished
  • Coral Shores High School Rated A
  • Harbor Views
  • Stainless Steel Appliances

About This Home

As of June 2023

Spacious 3 bedroom condo with large wrap around porch and great views of the marina and Faro Blanco Lighthouse. The living room, master and guest bedroom all have private access to the screened in porch which is perfect for those that love open air living. Seller installed a new hot water heater, washer, dishwasher, garbage disposal and exterior ceiling fans. Condo owners and their guests get full use of resort pools and receive discounted rates at restaurant & bar. This gated community offers a tennis court, elevator, covered owner parking and parking for guests. The units at Faro Blanco offer the best of both worlds, peace and quiet while you are within the gated community and a resort atmosphere and amenities only a few steps away. Condo is being offered furnished, move in with out the added expense of having to furnish an entire unit! Pet friendly so your furry friends don't have to stay behind!

Last Agent to Sell the Property

Kim Show

Coldwell Banker Schmitt Real Estate Co. License #3220812 Listed on: 03/29/2023

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Rose Dell

Coldwell Banker Schmitt RE Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,757

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $1,126 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 1,650 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Storage
  • Tile Flooring
  • Harbor Views

Kitchen

  • Oven
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Electric Gate
  • Guest Parking

Outdoor Features

  • In Ground Pool
  • Screened Balcony
  • Screened Patio

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00102891-000100

Community Details

Overview

  • Association fees include water, common area mnt, building insurance, bldg exterior mnt
  • Faro Blanco Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,757

Year Built

Built in 1983 | Remodeled

Lot Details

0

HOA Fees

$1,126 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 1126.21
  • Mandatory HOA: Yes
  • Document Count: 3
  • Fee Includes: Water, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Old Town West (11th to 25th)
  • Mile Marker: 48.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Tennis Courts
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5757.30
  • Title: Negotiable
  • Vehicle Storage: Guest Parking, Covered Parking
  • Year Built: 1983
  • Alternate Key Number: 8674902
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground
  • Porch Balcony: Screened P/B, Screened Patio
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1650.00
  • Pool Info Other: SHARED
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Smoke Alarms, Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Oven, Dishwasher, Dryer
  • Floor: Tile
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Tile Roof
  • Waterview: Harbor/Marina View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00102891-000100
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Rented $5,000 -33.3% --
09/25/2023 09/25/23 For Rent $7,500 0.0% --
06/01/2023 06/01/23 Sold $650,000 -7.0% $394 / Sq Ft
04/30/2023 04/30/23 Price Changed $699,000 -3.6% $424 / Sq Ft
03/29/2023 03/29/23 For Sale $725,000 +37.6% $439 / Sq Ft
04/12/2021 04/12/21 Sold $527,000 -5.0% $319 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
11/19/2020 11/19/20 For Sale $555,000 -- $336 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rose Dell

    Seller's Agent in 2024

    Rose Dell

    Keller Williams Key West Compass Realty

    (305) 304-6045

    3 in this area

    112 Total Sales

    Rose Dell
    Section Image
  • Kim Show

    Seller's Agent in 2023

    Kim Show

    Coldwell Banker Schmitt Real Estate Co.

    (305) 743-5181

    100 in this area

    125 Total Sales

    Kim Show
    Section Image

  • K

    Buyer's Agent in 2021

    Kim Rabito-Show

    Ocean Sotheby's International

  • K

    Buyer's Agent in 2021

    Kim Rabito

    Exit Realty Florida Keys MTH

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 604751

Florida Monroe County Marathon 33050

1998 Overseas Hwy Unit A1, Marathon, FL

This home is located at 1998 Overseas Hwy Unit A1, Marathon, FL 33050 and is currently priced at $650,000, approximately $393 per square foot. This property was built in 1983. 1998 Overseas Hwy Unit A1 is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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