NOT LISTED FOR SALE

1998 Overseas Hwy Unit A2 Marathon, FL 33050

Estimated Value: $742,536 - $924,000

3 Beds
2 Baths
1,650 Sq Ft
$600/mo HOA Fee

Last Sold May 21, 2019

Last sale price $557,500 $338 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,661/month

175 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Concrete Pool
  • Quartz Countertops
  • Coral Shores High School Rated A
  • Furnished
  • Stainless Steel Appliances

About This Home

As of May 2019

Direct Gulf-View Condo, perfect for owner occupancy and Seasonal Rentals (min 28 days). Owners/guests enjoy VIP access to the Faro Blanco Hyatt Resort's Pools, Marina, and beach. Unit A2 is perfectly positioned for views, a large 3 Bedroom, 2 bath, 1,650 sq ft. intelligently designed with very family friendly split floorplan and NO shared walls with other units. Huge screened 40' terrace overlooking the blue waters of the Gulf and the Faro Blanco Marina and Yacht Club. Complete recent designer renovation, and sold furnished, turnkey, with luxury finishes. High end tile, quartz, hardwood cabinets, stainless appliances, fixtures, and decor. Sold fully furnished, turnkey. Only minimal damage in Irma and will have new roofs soon. Minimal assessment paid by Seller.

Last Agent to Sell the Property

Michelle Blades

Realty Executives Florida Keys Old Town License #3184597 Listed on: 10/27/2018

Realty Executives Florida Keys Old Town

Last Buyer's Agent

Sandra Rodriguez

Lokation Real Estate License #SL3354821

Lokation Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,339

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • Property fronts gulf or ocean
  • Privacy Fence

HOA Fees

  • $600 Monthly HOA Fees

Property Views

  • Gulf
  • Harbor

Interior Spaces

  • 1,650 Sq Ft Home
  • Furnished
  • Tray Ceiling
  • Blinds
  • Storage
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Carport
  • Electric Gate
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Concrete Pool
  • Screened Patio
  • Outdoor Storage

Utilities

  • Heat Pump System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00102891-000200

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,339

Year Built

Built in 1983 | Remodeled

Lot Details

0

HOA Fees

$600 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: 600.00
  • Mandatory HOA: Yes
  • Control Depth: 5
  • Fee Includes: Bldg Exterior Mnt, Sewer, Water, Exterminating, Other, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Bank Servicer: unknown
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • K W Neighborhood: Outside of Key West
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3339.39
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Covered Parking, Carport
  • Vehicle Storage Cars: 1
  • Year Built: 1983
  • Alternate Key Number: 8674996
  • Building Style: Other Bldg Style
  • Cooling Heating: Heat Pump
  • Pool Info: Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Patio, 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
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Quartz Countertops, Window Treatments, Walk-in Closet(s), Tray Ceilings, Storage, Split Bedroom, Smoke Alarms, Elevator
  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Dryer
  • Floor: Tile
  • Total Bedrooms: 3
  • Accessibility Features: Accessible, Accessible Elevator Installed

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Gulf Front, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence, Storage, Tennis Court(s)
  • Roof: Other Roof
  • Waterview: Bay/Gulf View, Open Water View, Harbor/Marina View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00102891-000200
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2018
Closed on
May 29, 2019
Sold by
Condas Louis J and Condas Teresa J
Bought by
Calabrese Mark
Seller's Agent
Michelle Blades
Realty Executives Florida Keys Old Town
Buyer's Agent
Sandra Rodriguez
Lokation Real Estate
List Price
$599,000
Sold Price
$557,500
Premium/Discount to List
-$41,500
-6.93%
Current Estimated Value
$813,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,134
Avg. Annual Appreciation
5.54%

Purchase Details

Listed on
Mar 11, 2016
Closed on
Jan 3, 2017
Sold by
Resort Retreats Llc
Bought by
Condas Louis J and Condas Teresa J
Seller's Agent
Michelle Blades
Realty Executives Florida Keys Old Town
Buyer's Agent
Clara Mayette
Chaplin Real Estate, Inc.
List Price
$639,000
Sold Price
$550,000
Premium/Discount to List
-$89,000
-13.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.57%
Original Mortgage
$350,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 26, 2014
Closed on
Aug 7, 2014
Sold by
Krumme Properties
Bought by
Resort Retreats Llc
Seller's Agent
Bill Wilkinson
RE/MAX Keys To The Key
Buyer's Agent
Creative Technology
List Price
$394,000
Sold Price
$375,000
Premium/Discount to List
-$19,000
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.22%
Original Mortgage
$270,000
Interest Rate
4%
Mortgage Type
Amount Keyed Is An Aggregate Amount

Purchase Details

Closed on
Sep 1, 1987
Bought by
Resort Retreats Llc

Purchase Details

Closed on
May 1, 1985
Bought by
Resort Retreats Llc
Source: Public Records

Range of Values:

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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
Calabrese Mark $557,500 None Listed On Document
Condas Louis J $550,000 Attorney
Resort Retreats Llc $375,000 Attorney
Resort Retreats Llc $253,000 --
Resort Retreats Llc $204,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calabrese Mark $75,000
Previous Owner Condas Louis J $350,000
Previous Owner Resort Retreats Llc $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2019 05/21/19 Sold $557,500 -6.9% $338 / Sq Ft
04/20/2019 04/20/19 Pending -- -- --
10/27/2018 10/27/18 For Sale $599,000 +8.9% $363 / Sq Ft
01/03/2017 01/03/17 Sold $550,000 -13.9% $333 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $639,000 +70.4% $387 / Sq Ft
08/08/2014 08/08/14 Sold $375,000 -4.8% $227 / Sq Ft
07/09/2014 07/09/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $394,000 -- $239 / Sq Ft
Source: Florida Keys Board 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 $6,799 $704,375 -- $704,375
2023 $6,799 $704,375 $0 $704,375
2022 $6,255 $606,406 $0 $606,406
2021 $5,811 $491,293 $0 $491,293
2020 $5,430 $460,498 $0 $460,498
2019 $5,511 $468,634 $0 $468,634
2018 $5,334 $468,634 $0 $0
2017 $4,264 $455,512 $0 $0
2016 $3,567 $271,621 $0 $0
2015 $3,573 $271,621 $0 $0
2014 $3,549 $271,621 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Blades

    Seller's Agent in 2019

    Michelle Blades

    Realty Executives Florida Keys Old Town

    (305) 394-4750

    73 Total Sales

    Michelle Blades
    Section Image
  • Sandra Rodriguez

    Buyer's Agent in 2019

    Sandra Rodriguez

    Lokation Real Estate

    (305) 923-1911

    19 Total Sales

    Sandra Rodriguez
    Section Image

  • C

    Buyer's Agent in 2017

    Clara Mayette

    Chaplin Real Estate, Inc.

  • Bill Wilkinson

    Seller's Agent in 2014

    Bill Wilkinson

    RE/MAX

    (305) 849-1107

    29 Total Sales

    Bill Wilkinson
    Section Image

  • o

    Buyer's Agent in 2014

    outside of mls

    Outside Of MLS

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 582501

Florida Keys Board of REALTORS®

APN: 00102891-000200

Florida Monroe County Marathon 33050

1998 Overseas Hwy Unit A2, Marathon, FL

This home is located at 1998 Overseas Hwy Unit A2, Marathon, FL 33050 since 27 October 2018 and is currently estimated at $813,634, approximately $493 per square foot. This property was built in 1983. 1998 Overseas Hwy Unit A2 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.

Florida Keys Board of REALTORS® 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.

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