$619,516 - $730,000
RENTED AUG 1, 2024

1998 Overseas Hwy Unit A33 Marathon, FL 33050

3 Beds
2 Baths
1,650 Sq Ft
$850/mo HOA Fee

Last Sold April 29, 2022

Last sale price $583,000 $353 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,950/month

122 Days on Market

Highlights

  • Bay View
  • Elevator
  • Walk-In Closet
  • Coral Shores High School Rated A
  • Jalousie or louvered window
  • Courtyard

About This Home

As of April 2022

Ample fully furnished at Faro Blanco Condo available for rent 6+ months to relax and enjoy the keys living. Private screened-in balcony to enjoy all day. Primary bedroom has a king bed, Second bedroom 2 full size beds and 3rd bedroom has a full bed plus a twin-size bunk bed. All new furniture. Rent includes electronics, housewares, 2 parking spaces, basic cable & internet. Max 6 persons. Located near marinas, restaurants, supermarkets, hospitals, shops, 7 minutes to Marathon's Airport and less than 10 mins to Sombrero Beach, Bring your boat or rent out at Faro Blanco Marina within 2 minutes walking distance. Minimum 1 month lease (as per association). Just 2.5 hours from Miami.

Last Agent to Sell the Property

Alexia Mann

Seafarer Realty LLC License #3394524 Listed on: 12/27/2021

Last Buyer's Agent

Andres Moser

Keller Williams Realty Premier Properties License #3237019

Keller Williams Realty Premier Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,475

Year Built

  • Built in 1983

Lot Details

  • North Facing Home
  • Fenced

HOA Fees

  • $850 Monthly HOA Fees

Property Views

  • Bay
  • Canal

Interior Spaces

  • 1,650 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Jalousie or louvered window
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Parking

  • 1 Attached Carport Space
  • 2 Car Parking Spaces

Outdoor Features

  • Courtyard

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00102891-001100

Community Details

Overview

  • 32 Units
  • Low-Rise Condominium
  • Faro Blanco Condominiums
  • Faro Blanco Condominium Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Elevator
  • Interior Hall

Pet Policy

  • Breed Restrictions

Security

  • Complex Is Fenced
  • Walled

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,475

Year Built

Built in 1983

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Property Sub Type: Condominium
  • Carport Y N: Yes
  • Directions: US 1 to Faro Blanco Condominiums, (visible from road, next to hotel), building ''A'', condo is 3rd floor
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: FARO BLANCO CONDOMINIUM
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Interior Hall, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1650
  • Possible Use: Investment
  • Stories: 4
  • Window Features: Blinds, Jalousie
  • Bedroom Features: Master Bath Shower
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • View: Bay, Canal
  • Exterior Features: Courtyard
  • Direction Faces: North
  • Fencing: Fenced
  • Patio And Porch Features: Screened Porch
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Faro Blanco Condominiums
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Attached Carport, 2 Or More Spaces, Covered, Parking-Under Building, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Complex Fenced, Walled

Condo/Co-op/Association

  • Association Fee: 850
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 00102891-001100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 32
  • Number Of Units Total: 16

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4475

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2021
Closed on
Apr 28, 2022
Sold by
Mulhall Thomas S and Mulhall Kimberly S
Bought by
Rivero Andres Jose
Seller's Agent
Alexia Mann
Seafarer Realty LLC
Buyer's Agent
Andres Moser
Keller Williams Realty Premier Properties
List Price
$599,000
Sold Price
$583,000
Premium/Discount to List
-$16,000
-2.67%
Current Estimated Value
$657,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,129
Avg. Annual Appreciation
2.28%
Original Mortgage
$524,700
Outstanding Balance
$501,398
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$125,525

Purchase Details

Closed on
Dec 2, 2005
Sold by
Rosenbaum Esther
Bought by
Mulhall Thomas and Bassett Kimberly S

Purchase Details

Closed on
Jul 6, 2000
Bought by
Mulhall Thomas

Purchase Details

Closed on
Dec 31, 1997
Sold by
Tasse Marcel and Tasse Francoise
Bought by
F O B Enterprises Inc

Purchase Details

Closed on
Dec 30, 1997
Sold by
Tasse Marcel and Tasse Francoise
Bought by
Tasse Marcel and Tasse Francoise B

Purchase Details

Closed on
Apr 1, 1996
Bought by
Mulhall Thomas

Purchase Details

Closed on
Mar 1, 1989
Bought by
Mulhall Thomas

Purchase Details

Closed on
Aug 1, 1984
Bought by
Mulhall Thomas
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
Rivero Andres Jose $583,000 New Title Company Name
Mulhall Thomas $665,000 --
Mulhall Thomas $240,000 --
F O B Enterprises Inc $205,000 --
Tasse Marcel $100 --
Mulhall Thomas $193,500 --
Mulhall Thomas $206,000 --
Mulhall Thomas $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivero Andres Jose $524,700
Previous Owner Mulhall Thomas $292,000
Previous Owner Tasse Marcel $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Rented $4,450 0.0% --
07/11/2024 07/11/24 Under Contract -- -- --
05/01/2024 05/01/24 For Rent $4,450 0.0% --
04/29/2022 04/29/22 Sold $583,000 0.0% $353 / Sq Ft
04/29/2022 04/29/22 Sold $583,000 -2.7% $353 / Sq Ft
12/27/2021 12/27/21 For Sale $599,000 0.0% $363 / Sq Ft
12/25/2021 12/25/21 Price Changed $599,000 +2.5% $363 / Sq Ft
12/25/2021 12/25/21 For Sale $584,500 +0.3% $354 / Sq Ft
12/11/2021 12/11/21 Off Market $583,000 -- --
08/31/2021 08/31/21 Price Changed $584,500 -0.1% $354 / Sq Ft
03/18/2021 03/18/21 Price Changed $585,000 -0.7% $355 / Sq Ft
12/11/2020 12/11/20 For Sale $589,000 -- $357 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $5,653 $504,750 -- $504,750
2023 $5,653 $504,750 $0 $504,750
2022 $4,876 $463,125 $0 $463,125
2021 $4,475 $356,250 $0 $356,250
2020 $4,415 $356,250 $0 $356,250
2019 $2,826 $234,742 $0 $234,742
2018 $2,711 $230,366 $0 $0
2017 $2,662 $225,628 $0 $0
2016 $2,675 $220,988 $0 $0
2015 $2,672 $219,452 $0 $0
2014 $2,702 $217,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Andres Moser

    Keller Williams Realty Premier Properties

    Section Image
  • Lynn Slyman

    Buyer's Agent in 2024

    Lynn Slyman

    Century 21 Circle- Islamorada

    (732) 330-0372

    41 Total Sales

    Lynn Slyman
    Section Image
  • Alexia Mann

    Seller's Agent in 2022

    Alexia Mann

    Seafarer Realty LLC

    (305) 209-5166

    79 Total Sales

    Alexia Mann
    Section Image

  • o

    Buyer's Agent in 2022

    outside of mls

    Outside Of MLS

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11140237

MIAMI REALTORS® MLS

APN: 00102891-001100

Florida Monroe County Marathon 33050

1998 Overseas Hwy Unit A33, Marathon, FL

This home is located at 1998 Overseas Hwy Unit A33, Marathon, FL 33050 since 27 December 2021 and is currently estimated at $657,129, approximately $398 per square foot. This property was built in 1983. 1998 Overseas Hwy Unit A33 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.

MIAMI REALTORS® MLS 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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