$650,000
SOLD MAY 1, 2025

1998 Overseas Hwy Unit A41 Marathon, FL 33050

3 Beds
2 Baths
1,650 Sq Ft
3 Acres

Recently Sold

$394 Per Sq Ft

4% Below List Price

40 Days on Market

About This Home

As of May 2025

*VIEWS* VIEWS* VIEWS*If you are looking for a Condo with gorgeous views of the Gulf of Mexico and Resort-Style Amenities then look no further than this spacious 3-bedroom, 2-bathroom condo that offers an incredible 1,650 square feet of living space, unparalleled views of the Gulf of Mexico and the iconic Lighthouse Marina. Whether you're enjoying your morning coffee on the balcony or relaxing in the living room, you'll be mesmerized by the beauty of the water and marina at every turn. Enjoy all the perks of resort living, including exclusive discounts on food and drinks at the renowned Faro Blanco Resort. Take advantage of the resort's sparkling pools and picturesque marina perfect for both relaxation and recreation. This gated community ensures your privacy and peace of mind, while providing residents with some of the largest units in the area. Inside, you'll find a thoughtfully designed, open floor plan with generous living spaces. Each of the three bedrooms is spacious and comfortable, with ample closet space. The unit is equipped with two full bathrooms and a full-size washer and dryer. There is a storage unit on the same floor as the unit for added convenience and an assigned covered parking spot for the owner with additional guest parking. Play a round of tennis then meet up with friends for happy hour and a bite at the waterfront restaurant. Ride your bike down to the Old Seven Mile Bridge on a sunny day & if your are feeling motivated, keep rolling straight to Pigeon Key. Time to enjoy the Keys lifestyle you have worked hard for! CONDO HAS COMPLETED RESERVE STUDY, STRUCTURAL AND MILESTONE! PETS ALLOWED!

Last Agent to Sell the Property

Kim Show

Coldwell Banker Schmitt Real Estate Co. License #3220812

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Jennifer Davis

Island Breeze Realty, LLC License #SL3435178

Map

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,063

Year Built

1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 1387.00
  • Mandatory HOA: Yes
  • Document Count: 7
  • Fee Includes: Sewer, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating
  • Key Island: Marathon
  • 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, Tennis Courts, Community Dockage
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 7148.59
  • Vehicle Storage: Carport, Guest Parking, Assigned Parking
  • Year Built: 1983
  • Alternate Key Number: 8675844
  • Cooling Heating: Central Air
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Screened Patio
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1650.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Granite Counter Top, Storage, Elevator
  • Floor Number: 4.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Tennis Court(s), Storage, Privacy Wall/Fence
  • Waterview: Bay/Gulf View, Harbor/Marina View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00102891-001300
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

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

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $650,000 -4.4% $394 / Sq Ft
02/21/2025 02/21/25 For Sale $680,000 +21.4% $412 / Sq Ft
11/21/2019 11/21/19 Sold $560,000 -10.4% $339 / Sq Ft
02/09/2019 02/09/19 For Sale $625,000 -- $379 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

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 $7,063 $677,625 -- $677,625
2023 $7,063 $677,625 $0 $677,625
2022 $6,520 $589,453 $0 $589,453
2021 $5,757 $485,851 $0 $485,851
2020 $5,375 $454,805 $0 $454,805
2019 $5,028 $452,590 $0 $452,590
2018 $4,656 $452,590 $0 $0
2017 $4,158 $363,931 $0 $0
2016 $3,860 $301,802 $0 $0
2015 $3,865 $301,802 $0 $0
2014 $3,383 $301,802 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $35,000 Commercial
Previous Owner $200,000 Commercial
Previous Owner $250,000 Credit Line Revolving
Previous Owner $175,000 Purchase Money Mortgage
Previous Owner $120,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Warranty Deed $560,000 None Available
Interfamily Deed Transfer -- Attorney
Warranty Deed $360,000 Attorney
Warranty Deed $435,000 --
Warranty Deed $224,500 --
Warranty Deed $100 --
Warranty Deed $187,500 --
Warranty Deed $250,000 --
Warranty Deed $250,000 --
Warranty Deed $212,000 --
Source: Public Records

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Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 613808

APN: 00102891-001300