NOT LISTED FOR SALE

224 Corsair Rd Marathon, FL 33050

Estimated Value: $2,432,000 - $3,874,000

4 Beds
4.5 Baths
3,530 Sq Ft
$879/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $3,325,000 $942 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $18,158/month

148 Days on Market

Highlights

  • Ocean Front
  • Dock made with concrete
  • Wood Flooring
  • Coral Shores High School Rated A
  • Concrete Pool
  • 1-minute walk to Curry Hammock State Park

About This Home

As of February 2024

This exceptional property with a rich history is move-in ready! Major elegant renovations and additions are complete. Never before offered for sale, this three-story concrete structure, a beloved family hearth for two generations, sits directly on open water. Facing north northwest, the property showcases awe-inspiring sunsets. This 4 bedroom, 4 1/2 bathroom home exudes the unmistakable pride of long-term ownership. The kitchen showcases beautiful Azul Macaubas natural blue countertops that artfully contrast with new stainless-steel appliances. A large kitchen island with prep sink and vented induction cooktop provides the chef and guests with beautiful sunset views. Enhancements include a double oven, an ample kitchen sink, and a butler's pantry with an ice maker. Elegant bamboo flooring adorns the fully remodeled second floor and new third floor. It hosts a newer air conditioning system (installed in 2017), motorized blinds, 3 tankless hot water heaters and all impact windows and doors! The master bedroom has double closets and en-suite bath featuring a double vanity and walk-in shower. The lower floor, designed as a private guest house or mother-in-law suite with veranda provides a welcoming refuge, while an office allows for productive work hours. Unique features include a new addition with modern and efficient pneumatic 4-stop ELEVATOR from ground to new rooftop office, opening to a large deck offering panoramic views. The addition is under a new concrete roof, with the remainder of the home under an aluminum roof, new in 2018. The exterior has a fenced yard, newly constructed pool and hot tub equipped with phone-controlled Pentair heaters, chillers, and lights. Storage near the pool and a fish cleaning table adds to functionality. A private floating dock enhances your waterfront lifestyle. Join Club Duck Key for pickleball, tennis and dine at Hawks Cay Resort, all just a golf-cart ride away.

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 09/19/2023

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Trina Coleman Wiginton

Florida Keys Realty Group LLC License #3571261

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,475

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 8,493 Sq Ft Lot
  • Ocean Front
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 3,530 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Ceiling Fan
  • Sliding Doors
  • Wood Flooring
  • Ocean Views

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Monitored
  • Impact Glass

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Seawall
  • Dock made with concrete
  • Balcony

Utilities

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

Community Details

  • No Home Owners Association
  • Plantation Island Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00383440-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,475

Year Built

Built in 1977 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 83
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Duck Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 61.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 11474.71
  • Vehicle Storage: Open Parking, Trailer Storage, Covered Parking, Off Street Parking, Guest Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1977
  • Alternate Key Number: 1467120
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 8493.00
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 3530.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Elevator
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator
  • Floor: Wood, Combo
  • Half Bathrooms: 1
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 4
  • Sq Ft Remarks: 3rd floor square footage added manually from best estimate from sketch on data card

Exterior Features

  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof, Combo Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE-11
  • Parcel Number: 00383440-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Feb 29, 2024
Sold by
Lefler Elizabeth Prout and Lefler Frank Edmund
Bought by
Alan D Wiginton Revocable Trust and Wiginton
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Trina Coleman Wiginton
Florida Keys Realty Group LLC
List Price
$3,849,000
Sold Price
$3,325,000
Premium/Discount to List
-$524,000
-13.61%
Views
182
Current Estimated Value
$3,101,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$223,685
Avg. Annual Appreciation
2.71%

Purchase Details

Closed on
Mar 2, 2015
Sold by
Prout Loa K
Bought by
Lefler Elizabeth Prout and Lefler Frank Edmund

Purchase Details

Closed on
Feb 1, 1975
Bought by
Lefler Elizabeth Prout and Lefler Frank Edmund
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
Alan D Wiginton Revocable Trust $3,325,000 None Listed On Document
Lefler Elizabeth Prout -- Attorney
Lefler Elizabeth Prout $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lefler Elizabeth P $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $3,325,000 -8.9% $942 / Sq Ft
01/31/2024 01/31/24 Price Changed $3,650,000 -5.2% $1,034 / Sq Ft
09/19/2023 09/19/23 For Sale $3,849,000 -- $1,090 / 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 $11,772 $1,438,850 -- --
2023 $11,772 $1,211,344 $0 $0
2022 $11,475 $1,176,063 $0 $0
2021 $11,835 $1,141,809 $0 $0
2020 $11,784 $1,126,045 $645,468 $480,577
2019 $11,674 $1,069,136 $615,891 $453,245
2018 $11,291 $1,057,411 $681,054 $376,357
2017 $10,608 $1,009,666 $0 $0
2016 $9,930 $900,190 $0 $0
2015 $6,060 $527,309 $0 $0
2014 $6,238 $523,124 $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: 606692

APN: 00383440-000000