$650,000
SOLD MAY 1, 2025

1998 Overseas Hwy Unit A41 Marathon, FL 33050

3 Beds
2 Baths
1,650 Sq Ft
$1,387/mo HOA Fee

Recently Sold

$394 Per Sq Ft

4% Below List Price

40 Days on Market

Highlights

  • Boat Dock
  • Property fronts gulf or ocean
  • Furnished
  • Coral Shores High School Rated A
  • Concrete Pool
  • Granite Countertops

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 Listed on: 02/21/2025

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Jennifer Davis

Island Breeze Realty, LLC License #SL3435178

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,149

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • Property fronts gulf or ocean
  • Privacy Fence
  • Fenced

HOA Fees

  • $1,387 Monthly HOA Fees

Property Views

  • Gulf
  • Harbor

Interior Spaces

  • 1,650 Sq Ft Home
  • Furnished
  • Sliding Doors
  • Storage

Kitchen

  • <<OvenToken>>
  • <<microwave>>
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Carport
  • Guest Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Screened Patio
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00102891-001300

Community Details

Overview

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

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,149

Year Built

Built in 1983 | Remodeled

Lot Details

0

HOA Fees

$1,387 per month

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2025
Closed on
May 1, 2025
Sold by
Sanchez Nilo J and Daniel Jimenez Sr Trust
Bought by
Davis Lennis Blair and Davis Cathy Lee
Seller's Agent
Kim Show
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Jennifer Davis
Island Breeze Realty, LLC
List Price
$680,000
Sold Price
$650,000
Premium/Discount to List
-$30,000
-4.41%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.42%

Purchase Details

Closed on
Feb 23, 2021
Sold by
Jimenez Daniel
Bought by
Jimenez Daniel and Daniel Jimenez Sr Trust

Purchase Details

Listed on
Feb 9, 2019
Closed on
Nov 21, 2019
Sold by
Klima Dorothy M
Bought by
Jimenez Daniel
Seller's Agent
Kristen Brenner/Margie Casey T
Florida Keys Real Estate Group
Buyer's Agent
Terry Walters
Prestige Realty Group MTH
List Price
$625,000
Sold Price
$560,000
Premium/Discount to List
-$65,000
-10.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%

Purchase Details

Closed on
Jan 22, 2014
Sold by
Klima Dennis P and Klima Dorothy
Bought by
Klima Dorothy

Purchase Details

Closed on
Jan 21, 2014
Sold by
Rothstein Dale M and Rothstein Tracee
Bought by
Klima Dennis and Klima Dorothy

Purchase Details

Closed on
Aug 26, 2003
Sold by
Ely John S
Bought by
Rothstein Dale and Rothstein Tracee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2000
Sold by
Pace Management Inc
Bought by
Citron Abe and Citron Tatyana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 1999
Sold by
Cummings Harry and Cummings Betty J
Bought by
Cummings Harry and Cummings Betty J

Purchase Details

Closed on
Apr 15, 1997
Sold by
Eleanor James R and Eleanor Klassen
Bought by
Estes Harold N and Estes Carol M

Purchase Details

Closed on
Feb 1, 1990
Bought by
Klima Dorothy

Purchase Details

Closed on
Dec 1, 1988
Bought by
Klima Dorothy

Purchase Details

Closed on
May 1, 1983
Bought by
Klima Dorothy
Source: Public Records

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Range of Values:

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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
Warranty Deed $650,000 None Listed On Document
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

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

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 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 $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

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 613808

APN: 00102891-001300