NOT LISTED FOR SALE

1998 Overseas Hwy Unit A34 Marathon, FL 33050

Estimated Value: $615,467 - $730,000

3 Beds
2 Baths
1,800 Sq Ft
$500/mo HOA Fee

Last Sold March 30, 2020

Last sale price $388,000 $216 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,731/month

218 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Concrete Pool
  • Impact Glass
  • Coral Shores High School Rated A
  • Granite Countertops
  • Walk-In Closet

About This Home

As of March 2020

Resort living aside the famous Faro Blanco Marina and Hyatt on the third floor. Clover leaf design with no common walls with neighbors for added privacy, light and sound barrier. Impact windows and new metal roof. Spacious condo with open and split floor plan. Rich dark tropical woods in the kitchen with granite counter tops. Baths have been updated with seamless shower enclosures and granite. Owners receive 10% discount in resort restaurant and bar and use of the pool.

Last Agent to Sell the Property

Ginger Henderson

Coldwell Banker Schmitt Real Estate Co. License #184807 Listed on: 05/31/2019

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Ginger Henderson, Broker

American Caribbean Real Estate - Middle Keys

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,764

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 3

HOA Fees

  • $500 Monthly HOA Fees

Interior Spaces

  • 1,800 Sq Ft Home
  • Ceiling Fan
  • Storage
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Covered Parking
  • Electric Gate
  • Guest Parking
  • Open Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible
  • Accessible Doors
  • Accessible Parking

Pool

  • Concrete Pool
  • In Ground Pool

Utilities

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

Additional Features

  • Exterior Lighting
  • Property fronts gulf or ocean

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00102891-001200

Community Details

Overview

  • $708 Maintenance Fee
  • Association fees include building insurance, water, exterminating, common area mnt, cable
  • 16 Units
  • Faro Blanco Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,764

Year Built

Built in 1983 | Remodeled

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 500.00
  • Maintenance Fee: 708.00
  • Mandatory HOA: Yes
  • Fee Includes: Building Insurance, Water, Exterminating, Common Area Mnt, Cable
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: Yes
  • Handicap Access: Yes
  • Key Island: Marathon
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: Old Town West (11th to 25th)
  • Mile Marker: 48.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2764.06
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Open Parking, Guest Parking, Covered Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1983
  • Alternate Key Number: 8675798
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Windowed P/B
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1800.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Split Bedroom, Window Treatments, Walk-in Closet(s), Storage, Granite Counter Top, Elevator
  • Floor Number: 4.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Washer, Refrigerator, Range, Oven, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: Accessible Doors, Parking, Accessible Elevator Installed
  • Sq Ft Remarks: Includes the enclosed porch.

Exterior Features

  • Dockage: None
  • Waterfront: Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Combo Construction
  • Exterior Features: Lighting
  • Roof: Combo Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE
  • Parcel Number: 00102891-001200
  • Land Size: 1 Less Than 2 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2019
Closed on
Apr 6, 2020
Sold by
Mccarty Loretta M
Bought by
Sharrett Robin
Seller's Agent
Ginger Henderson
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Ginger Henderson, Broker
American Caribbean Real Estate - Middle Keys
List Price
$425,000
Sold Price
$388,000
Premium/Discount to List
-$37,000
-8.71%
Current Estimated Value
$693,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,367
Avg. Annual Appreciation
9.91%
Original Mortgage
$0
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2019
Closed on
Mar 27, 2020
Sold by
Mccarty Loretta M
Bought by
Sharrett Robin
Seller's Agent
Ginger Henderson
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Ginger Henderson, Broker
American Caribbean Real Estate - Middle Keys
List Price
$425,000
Sold Price
$388,000
Premium/Discount to List
-$37,000
-8.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2005
Sold by
Ryan Ellen L
Bought by
Mccarty Loretta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2003
Sold by
Ely John S
Bought by
Ryan Ellen L

Purchase Details

Closed on
Dec 1, 1989
Bought by
Mccarty Loretta M

Purchase Details

Closed on
Mar 1, 1987
Bought by
Mccarty Loretta M

Purchase Details

Closed on
May 1, 1985
Bought by
Mccarty Loretta M
Source: Public Records

Range of Values:

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Average Value
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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
Sharrett Robin $7,522,857 None Listed On Document
Sharrett Robin $7,522,857 None Listed On Document
Mccarty Loretta M $580,000 --
Ryan Ellen L $300,000 --
Mccarty Loretta M $190,000 --
Mccarty Loretta M $190,000 --
Mccarty Loretta M $151,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sharrett Robin $0
Previous Owner Mccarty Loretta M $464,000
Closed Mccarty Loretta M $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2020 03/30/20 Sold $388,000 +2.1% $216 / Sq Ft
01/04/2020 01/04/20 Pending -- -- --
12/31/2019 12/31/19 Price Changed $380,000 -10.6% $211 / Sq Ft
05/31/2019 05/31/19 For Sale $425,000 -- $236 / 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 $4,806 $504,750 -- $504,750
2023 $4,806 $504,750 $0 $504,750
2022 $4,420 $438,750 $0 $438,750
2021 $4,106 $361,200 $0 $361,200
2020 $3,996 $356,250 $0 $356,250
2019 $4,314 $354,500 $0 $354,500
2018 $3,996 $354,500 $0 $0
2017 $3,689 $314,050 $0 $0
2016 $3,420 $256,531 $0 $0
2015 $3,289 $256,531 $0 $0
2014 $3,219 $256,531 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ginger Henderson

    Seller's Agent in 2020

    Ginger Henderson

    Coldwell Banker Schmitt Real Estate Co.

    (305) 731-5751

    71 Total Sales

    Ginger Henderson
    Section Image

  • G

    Buyer's Agent in 2020

    Ginger Henderson, Broker

    American Caribbean Real Estate - Middle Keys

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 585957

Florida Keys Board of REALTORS®

APN: 00102891-001200

Florida Monroe County Marathon 33050

1998 Overseas Hwy Unit A34, Marathon, FL

This home is located at 1998 Overseas Hwy Unit A34, Marathon, FL 33050 since 31 May 2019 and is currently estimated at $693,367, approximately $385 per square foot. This property was built in 1983. 1998 Overseas Hwy Unit A34 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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