$799,000

1998 Overseas Hwy Unit A31 Marathon, FL 33050

Estimated payment $4,919/month

Total Views 7,705
3 Beds
2 Baths
1,650 Sq Ft
$484 Price per Sq Ft

Highlights

  • Property Fronts a Bay or Harbor
  • In Ground Pool
  • Gulf View
  • Coral Shores High School Rated A

About This Home

Nestled in the sought-after Faro Blanco community at 1998 Overseas Hwy, Unit A-31, Marathon, Florida, this completely renovated 3-bedroom, 2-bath condo is a true gem. Offering the perfect blend of modern comforts and coastal charm, this move-in-ready home is a rare find in the heart of the Florida Keys.The interior boasts an open-concept design with sleek finishes and high-end upgrades throughout, creating a bright and airy space ideal for both relaxing and entertaining. The newly renovated kitchen is a chef's dream, complete with stainless steel appliances, custom cabinetry, and beautiful countertops. The spacious living and dining areas flow seamlessly, offering plenty of room for family and guests.The master suite provides a peaceful retreat with its own en-suite bath, while the additional bedrooms are perfect for family, guests, or even a home office. With two beautifully updated bathrooms, this condo is designed for comfort and convenience.Situated within the exclusive Faro Blanco community, residents enjoy access to resort-style amenities, including a pool, marina, and easy access to stunning local attractions. Whether you're an avid boater or simply love the laid-back island lifestyle, this location offers it all.Priced at $799,000, this renovated condo offers an exceptional opportunity to own a piece of paradise in one of Florida's most desirable locales. Don't miss out--schedule a showing today! B&BATVAI

Listing Agent

Angela Mitchell

Florida Keys Real Estate Group License #3095546 Listed on: 04/01/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,818

Year Built

  • Built in 1983

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,650 Sq Ft Home
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • In Ground Pool
  • Property Fronts a Bay or Harbor
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00102891-000900

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable, security, building insurance, bldg exterior mnt
  • Faro Blanco Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Pet Policy

  • Pet Restriction: YES

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,818

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Association Fee: 1367.00
  • Mandatory HOA: Yes
  • Control Depth: 6
  • Fee Includes: Cable, Security, Building Insurance, Bldg Exterior Mnt
  • Key Island: Marathon
  • Limited Representation: Yes
  • Marathon Neighborhood: Old Town West (11th to 25th)
  • Mile Marker: 48.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5818.17
  • Year Built: 1983
  • Alternate Key Number: 8675534
  • Pool Info: In Ground
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1650.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Bay Front, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Waterview: Bay/Gulf View
  • Pool: Yes

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE
  • Parcel Number: 00102891-000900
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $6,501 $528,891 -- $528,891
2023 $6,501 $596,578 $0 $596,578
2022 $5,533 $518,203 $0 $518,203
2021 $5,166 $426,113 $0 $426,113
2020 $4,691 $398,906 $0 $398,906
2019 $4,465 $396,938 $0 $396,938
2018 $4,146 $396,938 $0 $0
2017 $3,825 $352,681 $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

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 For Sale $799,000 +27.8% $484 / Sq Ft
03/06/2024 03/06/24 Sold $625,000 -5.2% $379 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
11/02/2023 11/02/23 Price Changed $659,000 -2.9% $399 / Sq Ft
09/28/2023 09/28/23 For Sale $679,000 -- $412 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $625,000 None Listed On Document
Warranty Deed -- Highsmith & Van Loon Pa
Warranty Deed $11,528 Highsmith & Van Loon Pa
Deed -- Highsmith & Van Loon Pa
Warranty Deed $300,000 --
Warranty Deed $240,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 Seller Take Back
Source: Public Records

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See All Homes in Marathon

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 614419

APN: 00102891-000900

Florida Monroe County Marathon 33050

1998 Overseas Hwy Unit A31, Marathon, FL

This home is located at 1998 Overseas Hwy Unit A31, Marathon, FL 33050 and is currently priced at $799,000, approximately $484 per square foot. This property was built in 1983. 1998 Overseas Hwy Unit A31 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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Nearby Homes
Angela Mitchell
Listing Agent
Angela Mitchell
Section Image
Florida Keys Real Estate Group
(305) 363-6408