NOT LISTED FOR SALE

2020 Sombrero Beach Rd Marathon, FL 33050

Estimated Value: $3,977,000 - $5,731,928

4 Beds
4 Baths
3,566 Sq Ft
$1,269/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $2,100,000 $589 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $26,013/month

250 Days on Market

Highlights

  • Ocean Front
  • Beach
  • 19,872 Sq Ft lot
  • Coral Shores High School Rated A
  • Concrete Pool
  • 5-minute walk to Wanda Switlik Park

About This Home

As of November 2018

Your Oceanfront Oasis awaits you! Fabulous Keys home with unobstructed views of the Atlantic Ocean. Ultra modern interior with exotic Brazilian quartzite, custom cabinets throughout, genuine stone showers, elegant finishes, hand selected artwork. Private elevator & balconies on each floor. Wake up to ocean views from the large scale master. The home is designed for beachfront luxury living. This is a smart home with high tech entertainment & energy saving technology. Entertaining is a breeze in the expansive outdoor area & rooftop deck. Lounge by the saltwater pool & spa while listening to your wireless surround sound system. Head up to your roof top deck & watch the amazing sunrises & sunsets. Ideal location for outdoor & beach enthusiasts. Gated property with 100' dock, SOLD TURN KEY!

Last Agent to Sell the Property

Kim Show

Coldwell Banker Schmitt Real Estate Co. License #3220812 Listed on: 02/24/2018

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

David Grego

Island Breeze Realty Branch Office License #BK3107004

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,993

Year Built

  • Built in 2016

Lot Details

  • 0.46 Acre Lot
  • Ocean Front
  • Fenced
  • Property is zoned RM - Residential Medium

Home Design

  • Metal Roof

Interior Spaces

  • 3,566 Sq Ft Home
  • Elevator
  • Furnished
  • Ceiling Fan
  • Tile Flooring
  • Ocean Views
  • Impact Glass

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Carport
  • Electric Gate

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Community Sewer or Septic

Listing and Financial Details

  • Minimum Rental Period: 7

Community Details

Overview

  • No Home Owners Association
  • Sombrero Properties Subdivision

Recreation

  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,993

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Voluntary HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Country Club (Sombrero Blvd & Flamingo)
  • Mile Marker: 49.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 16993.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport
  • Vehicle Storage Cars: 4+
  • Year Built: 2016
  • Alternate Key Number: 9103113
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 19872.00
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3566.00
  • Pre Wired: Surround Sound
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Split Bedroom, Window Treatments, Granite Counter Top, Elevator
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Microwave, Washer, Oven, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors
  • Total Bedrooms: 4
  • Accessibility Features: None
  • Sq Ft Remarks: taken from plans & noted on property appraisers website

Exterior Features

  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Community Swr Plant, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Lot Size: taken from tax bill buyer to verify
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2019
Sold by
Rda Holdings 2010 Sombrero Beach Road Ll
Bought by
Hwbh Llc
Current Estimated Value
$4,525,982

Purchase Details

Closed on
Feb 4, 2019
Sold by
Rda Holdings 2010 Sombrero Beach Road Ll
Bought by
Hwbh Llc

Purchase Details

Listed on
Feb 24, 2018
Closed on
Dec 4, 2018
Sold by
Rda Holdings 2020 Sombrero Beach Road Ll
Bought by
Phelps David Y
Seller's Agent
Kim Show
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
David Grego
Island Breeze Realty Branch Office
List Price
$2,695,000
Sold Price
$2,100,000
Premium/Discount to List
-$595,000
-22.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%
Original Mortgage
$0
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 24, 2018
Closed on
Nov 29, 2018
Sold by
Rda Holdings 2020 Sombrero Beach Road Ll
Bought by
Phelps David Y
Seller's Agent
Kim Show
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
David Grego
Island Breeze Realty Branch Office
List Price
$2,695,000
Sold Price
$2,100,000
Premium/Discount to List
-$595,000
-22.08%

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
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 18, 2016
Closed on
Oct 31, 2016
Sold by
Sombrero Homes Llc
Bought by
Rda Holdings 2020 Sombrero Beach Rd Lc
Seller's Agent
Kim Show
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Kim Rabito-Show
Ocean Sotheby's International
List Price
$1,995,000
Sold Price
$1,900,000
Premium/Discount to List
-$95,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
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
Hwbh Llc $2,100,000 None Listed On Document
Hwbh Llc $2,100,000 None Listed On Document
Phelps David Y $2,100,000 None Listed On Document
Phelps David Y $2,100,000 None Listed On Document
Rda Holdings 2020 Sombrero Beach Rd Lc $1,900,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phelps David Y $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2018 11/30/18 Sold $2,100,000 -22.1% $589 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
02/24/2018 02/24/18 For Sale $2,695,000 +41.8% $756 / Sq Ft
11/18/2016 11/18/16 Sold $1,900,000 -4.8% $533 / Sq Ft View Prior Sale
11/18/2016 11/18/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $1,995,000 -- $559 / 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 $27,309 $4,212,698 $2,951,408 $1,261,290
2023 $27,309 $3,195,873 $1,977,437 $1,218,436
2022 $23,741 $2,353,558 $1,151,212 $1,202,346
2021 $22,621 $2,127,906 $1,047,664 $1,080,242
2020 $18,703 $1,885,287 $1,047,664 $837,623
2019 $16,783 $1,615,444 $767,478 $847,966
2018 $16,657 $1,664,615 $773,177 $891,438
2017 $16,994 $1,697,003 $0 $0
2016 $3,119 $307,155 $0 $0
2015 $2,631 $206,845 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578930

Florida Keys Board of REALTORS®

APN: 00105121-000100