$558,000
SOLD JUN 5, 2017

1998 Overseas Hwy Unit A21 Marathon, FL 33050

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

Recently Sold

$338 Per Sq Ft

5% Below List Price

58 Days on Market

Highlights

  • Beach
  • Property Fronts a Bay or Harbor
  • Furnished
  • Coral Shores High School Rated A
  • Gulf View
  • Granite Countertops

About This Home

As of October 2023

This updated Faro Blanco unit offers beautiful Gulf of Mexico and marina views. Turn key unit boasting 3 bedrooms, 2 bathrooms and an open floor plan. Completely updated kitchen with granite countertops and stainless steel appliances. Enjoy the Faro Blanco grounds including gated entry, elevator, tennis courts and use of the Faro Blanco Resort's pool and beach. This unit is being sold furnished!

Last Agent to Sell the Property

David Grego

Island Breeze Realty Branch Office License #BK3107004 Listed on: 02/23/2017

Last Buyer's Agent

Walter Ceballos

American Caribbean Real Estate Lower Keys

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,584

Year Built

  • Built in 1983

Lot Details

  • Property Fronts a Bay or Harbor
  • Fenced

HOA Fees

  • $650 Monthly HOA Fees

Property Views

  • Gulf
  • Harbor

Home Design

  • Tile Roof

Interior Spaces

  • 1,650 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Double Hung Windows
  • Sliding Doors
  • Storage
  • Monitored

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Electric Gate
  • Off-Street Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00102891-000500

Community Details

Overview

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

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,584

Year Built

Built in 1983

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 650.00
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Bldg Exterior Mnt, Sewer, Water, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Marathon
  • Limited Representation: No
  • Mile Marker: 48.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Pool, Tennis Courts, Fire Hydrant
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3584.27
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Covered Parking, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1983
  • Alternate Key Number: 8675186
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Porch Balcony: Windowed P/B
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 1650.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Pantry, Walk-in Closet(s), Storage, Split Bedroom, Smoke Alarms, Granite Counter Top, Elevator, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Dryer
  • Floor: Carpet, Tile
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors, Double Hung Windows
  • Total Bedrooms: 3
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Bay Front, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Tennis Court(s), Lighting
  • Roof: Tile Roof
  • Waterview: Bay/Gulf View, Open Water View, Harbor/Marina View
  • Pool: No

Utilities

  • Security: Electric Gate, Patrolled Area
  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE
  • Parcel Number: 00102891-000500
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 36.00

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

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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
Quit Claim Deed $250,000 Accommodation
Warranty Deed $630,000 Elite Title
Warranty Deed $558,000 Attorney
Warranty Deed $625,000 Attorney
Warranty Deed $270,000 --
Warranty Deed $201,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $504,000 New Conventional
Previous Owner $571,500 Fannie Mae Freddie Mac
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: 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 $6,840 $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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 574402

Florida Keys Board of REALTORS®

APN: 00102891-000500