NOT LISTED FOR SALE

1998 Overseas Hwy Unit A21 Marathon, FL 33050

Estimated Value: $776,000 - $877,000

3 Beds
2 Baths
1,650 Sq Ft
3 Acres

Last Sold October 18, 2023

Last sale price $850,000 $515 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,077/month

10 Days on Market

About This Home

As of October 2023

Step into luxury with this fully remodeled Gulf front condo boasting 3 spacious bedrooms and 2 modern bathrooms. Every corner of this beautiful property has been thoughtfully designed to provide the ultimate experience in comfort and relaxation and being offered fully furnished! Wake up to breathtaking views of the Gulf and a historic lighthouse from the comfort of your own private balcony. Enjoy the convenience of a fully equipped kitchen with high-end appliances and a cozy living room perfect for entertaining guests. Whether you're looking for a weekend getaway or a permanent residence, this condo offers the perfect blend of luxury and location. Residents enjoy access to resort pool, amenities and discounts. Additionally, each unit is allotted 1 covered parking space and large storage unit for housing island toys such as beach supplies and fishing poles. Enjoy island life faster and easier with this Faro Blanco condo. Call today for a showing!

Last Agent to Sell the Property

Paul Brooks

Compass Florida, LLC License #3373276 Listed on: 10/03/2023

Compass Florida, LLC

Co-Listed By

Miriam Novotny

Compass Florida, LLC License #00000

Last Buyer's Agent

Paul Brooks

Buy The Keys (KW)

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,840

Year Built

1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 1126.21
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Old Town West (11th to 25th)
  • Mile Marker: 48.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6262.61
  • Vehicle Storage: Covered Parking
  • Year Built: 1983
  • Alternate Key Number: 8675186
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Screened P/B
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1650.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Total Bedrooms: 3
  • Sq Ft Remarks: Buyer To Verify

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Waterview: Bay/Gulf View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00102891-000500
  • Land Size: 5 Less Than 10 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished, Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Jun 24, 2021
Sold by
Delos Angeles Fernandez Julian Maria and Julian John Allan
Bought by
Delos Angeles Fernandez Julian Maria and Julian John Allan
Seller's Agent
Walter Ceballos, P.A.
Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key
Buyer's Agent
Paul Brooks
Buy The Keys (KW)
List Price
$650,000
Sold Price
$630,000
Premium/Discount to List
-$20,000
-3.08%
Current Estimated Value
$816,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,038
Avg. Annual Appreciation
5.10%
Original Mortgage
$504,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2021
Closed on
May 13, 2021
Sold by
Miller Karen K and The Karen K Miller Living Trus
Bought by
Delos Angeles Fernandez Julian Maria
Seller's Agent
Walter Ceballos, P.A.
Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key
Buyer's Agent
Paul Brooks
Buy The Keys (KW)
List Price
$650,000
Sold Price
$630,000
Premium/Discount to List
-$20,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2017
Closed on
Jun 5, 2017
Sold by
Harkness Stephen
Bought by
Miller Karen K and The Karen K Miller Living Trust
Seller's Agent
David Grego
Island Breeze Realty Branch Office
Buyer's Agent
Walter Ceballos
American Caribbean Real Estate Lower Keys
List Price
$585,000
Sold Price
$558,000
Premium/Discount to List
-$27,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%

Purchase Details

Closed on
May 1, 2006
Sold by
Kopp Stewart and Kopp June
Bought by
Harkness Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$571,500
Interest Rate
8.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 1, 1989
Bought by
Harkness Stephen

Purchase Details

Closed on
May 1, 1985
Bought by
Harkness Stephen
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Delos Angeles Fernandez Julian Maria $250,000 Accommodation
Delos Angeles Fernandez Julian Maria $630,000 Elite Title
Miller Karen K $558,000 Attorney
Harkness Stephen $625,000 Attorney
Harkness Stephen $270,000 --
Harkness Stephen $201,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delos Angeles Fernandez Julian Maria $504,000
Previous Owner Harkness Stephen $571,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $850,000 -6.9% $515 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $913,000 +44.9% $553 / Sq Ft
05/13/2021 05/13/21 Sold $630,000 -3.1% $382 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $650,000 +16.5% $394 / Sq Ft
06/05/2017 06/05/17 Sold $558,000 -4.6% $338 / Sq Ft
04/22/2017 04/22/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $585,000 -- $355 / Sq Ft
Source: Key West Association 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 $6,840 $666,402 -- $666,402
2023 $6,840 $666,402 $0 $666,402
2022 $6,263 $562,051 $0 $562,051
2021 $4,175 $368,102 $0 $368,102
2020 $4,073 $363,020 $0 $363,020
2019 $3,992 $354,859 $0 $354,859
2018 $5,337 $468,867 $0 $0
2017 $4,070 $425,539 $0 $0
2016 $3,584 $301,802 $0 $0
2015 $3,450 $301,802 $0 $0
2014 $3,383 $301,802 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Brooks

    Seller's Agent in 2023

    Paul Brooks

    Compass Florida, LLC

    (828) 674-6137

    25 Total Sales

    Paul Brooks
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Miriam Novotny

    Compass Florida, LLC

    (305) 942-9684

    96 Total Sales

    Miriam Novotny
    Section Image

  • K

    Buyer Co-Listing Agent in 2023

    KEYS ISLAND GROUP

    Vacasa Florida, LLC

  • W

    Seller's Agent in 2021

    Walter Ceballos, P.A.

    Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key

    (305) 562-0819

    54 Total Sales

    Walter Ceballos, P.A.
    Section Image

  • D

    Seller's Agent in 2017

    David Grego

    Island Breeze Realty Branch Office

    Section Image

  • W

    Buyer's Agent in 2017

    Walter Ceballos

    American Caribbean Real Estate Lower Keys

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 606882

Key West Association of REALTORS®

APN: 00102891-000500

Florida Monroe County Marathon 33050

1998 Overseas Hwy Unit A21, Marathon, FL

This home is located at 1998 Overseas Hwy Unit A21, Marathon, FL 33050 since 03 October 2023 and is currently estimated at $816,038, approximately $494 per square foot. This property was built in 1983. 1998 Overseas Hwy Unit A21 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.

Key West Association 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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