$550,000
SOLD JAN 3, 2017

1998 Overseas Hwy Unit A2 Marathon, FL 33050

3 Beds
2 Baths
1,650 Sq Ft
3 Acres

Recently Sold

$333 Per Sq Ft

14% Below List Price

201 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Concrete Pool
  • Granite Countertops
  • Coral Shores High School Rated A
  • Furnished
  • No HOA

About This Home

As of May 2019

Gulf View, Direct Gulf-Front Condo, perfect for Seasonal Rentals, as owners/guests enjoy VIP access to the new Faro Blanco Hyatt Resort's Pools, Marina, and beach. A large 3 Bedroom, 2 bath, 1,650 sq ft. design with very family friendly split floorplan. Huge screened 40' terrace overlooking the blue waters of the Gulf and the Brand New Faro Blanco Marina and Yacht Club. Complete recent designer renovation, and sold furnished, turnkey, with luxury finishes. Owner is Florida Licensed Realtor.

Last Agent to Sell the Property

Michelle Blades

Realty Executives Florida Keys Old Town License #3184597 Listed on: 03/11/2016

Realty Executives Florida Keys Old Town

Last Buyer's Agent

Clara Mayette

Chaplin Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,573

Year Built

  • Built in 1983

Lot Details

  • Property fronts gulf or ocean
  • Privacy Fence

Interior Spaces

  • 1,650 Sq Ft Home
  • Furnished
  • Tray Ceiling
  • Window Treatments
  • Storage
  • Tile Flooring
  • Gulf Views

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

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

Outdoor Features

  • Concrete Pool
  • Patio
  • Outdoor Storage

Utilities

  • Heat Pump System

Community Details

Overview

  • No Home Owners Association
  • Association fees include bldg exterior mnt, water, exterminating, common area mnt, cable, building insurance
  • Faro Blanco Subdivision

Pet Policy

  • Pet Restriction: PETR

Security

  • Fire and Smoke Detector

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,573

Year Built

Built in 1983

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
  • Association Fee: 600.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Water, Other, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 50.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: PETR
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3573.00
  • 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
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1650.00
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Elevator, Smoke Alarms, Window Treatments, Walk-in Closet(s), Tray Ceilings, Storage, Split Bedroom, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 3

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
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2015

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $557,500 None Listed On Document
Warranty Deed $550,000 Attorney
Warranty Deed $375,000 Attorney
Warranty Deed $253,000 --
Warranty Deed $204,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,000 Credit Line Revolving
Previous Owner $350,000 Adjustable Rate Mortgage/ARM
Previous Owner $270,000 Amount Keyed Is An Aggregate Amount
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: 123024

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 and is currently priced at $550,000, approximately $333 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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