NOT LISTED FOR SALE

234 Corsair Rd Marathon, FL 33050

Estimated Value: $3,613,000 - $7,446,960

4 Beds
4.5 Baths
5,497 Sq Ft
$1,037/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2020

Last sale price $3,500,000 $637 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $33,790 / mo

277 Days on Market

Highlights

  • Community Boat Dock
  • Property fronts gulf or ocean
  • Boat Lift
  • Coral Shores High School Rated A
  • Boat Ramp
  • 1-minute walk to Curry Hammock State Park

About This Home

As of October 2020

One of the most prestigious waterfront estate homes on Duck Key! A rare palatial home built on 1 acre w/ open water views & wraparound 300 foot concrete seawall connecting to two decorative Venetian-style bridges. The privacy wall, gated entrance & brick driveway accent this masterpiece in a lush tropical setting. The 5,497 sq ft home featuring 4 Bed 4.5 Bath is designed in a perfect mix of Modern, Old World and Coastal elegance with soft hues of cream, sand and blues. Automatic opening blinds and drapes, an elevator & dumb waiter are just a few of the luxury features. Almost every room in this comfortable home has spectacular open water views with all kinds of living space perfect for entertaining inside and out. The swimming pool terrace and upstairs balcony are unparalleled.

Last Agent to Sell the Property

Kristen Brenner/Margie Casey T

Florida Keys Real Estate Group License #BK3391013 Listed on: 12/20/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,156

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 1.02 Acre Lot
  • Property fronts gulf or ocean
  • Home fronts a canal
  • Privacy Fence
  • Property is zoned IS - Improved Subivision District

HOA Fees

  • $17 Monthly HOA Fees

Property Views

  • Gulf
  • Canal

Home Design

  • Widow's Walk
  • Concrete Roof

Interior Spaces

  • 5,497 Sq Ft Home
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Single Hung Windows
  • Casement Windows
  • Sliding Doors
  • Entrance Foyer
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Electric Gate

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Concrete Pool
  • In Ground Pool
  • Spa
  • Pool Deck

Outdoor Features

  • Seawall
  • Boat Lift
  • Boat Ramp
  • Tennis Courts
  • Balcony
  • Deck
  • Patio
  • Attached Grill

Utilities

  • Central Air
  • Propane
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00384130-000000

Community Details

Overview

  • Plantation Island Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Boat Dock
  • Tennis Courts
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,156

Year Built

Built in 1978 | Remodeled

Lot Details

1.02 Acres

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 200.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Handicap Access: 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
  • Neighborhood Feature: Clubhouse, Fire Hydrant, Tennis Courts, Spa, Community Pool, Community Dockage
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 35156.06
  • Vehicle Storage: Garage
  • Vehicle Storage Cars: 2
  • Year Built: 1978
  • Alternate Key Number: 1467812
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 44215.00
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Deck, Roof Top Deck, Widow's Walk, Patio, Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 5497.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Quartz Countertops, Window Treatments, Whirlpool Bath Tub, Walk-in Closet(s), Tray Ceilings, Split Bedroom, Smoke Alarms, Security System, Drapes/Blinds Incl, Entrance Foyer, Elevator, Cathedral Ceilings
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Oven, Gas Appliances, Dryer
  • Floor: Carpet, Wood, Tile, Marble, Combo
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Casement, Impact Rstnce Doors, Single Hung Windows, Other Windows/Doors, Impact Rstnce Window, Glass Doors
  • Total Bedrooms: 4
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Boat Lift, Boat Ramp
  • Waterfront: Canal Front, Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Built-in Grill, Privacy Wall/Fence, Hot Tub
  • Roof: Concrete Roof
  • Waterview: Bay/Gulf View, Open Water View, Canal View
  • Pool: Yes

Utilities

  • Security: Central Station Sys, Patrolled Area, On Premises System, Electric Gate
  • Utilities: Buyer to Verify, Propane, FKAA, Community Swr Plant, Cable Available

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,VE
  • Parcel Number: 00384130-000000
  • Lot Size: 300' x 155' approx
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.02

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2019
Closed on
Sep 30, 2020
Sold by
Aldrich Paul J and Aldrich Sally A
Bought by
Profundum Trust
Seller's Agent
Kristen Brenner/Margie Casey T
Florida Keys Real Estate Group
Buyer's Agent
Creative Technology
List Price
$4,200,000
Sold Price
$3,500,000
Premium/Discount to List
-$700,000
-16.67%
Current Estimated Value
$5,702,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,202,240
Avg. Annual Appreciation
9.06%

Purchase Details

Listed on
Jan 30, 2017
Closed on
Jun 29, 2017
Sold by
Leahy Mary Susan and William G Key Trust
Bought by
Key Patricia A and Aldrich Paul J
Seller's Agent
Rhonda Williams
2150
Buyer's Agent
Kathe Kaile
Still Water Properties
List Price
$3,299,000
Sold Price
$3,050,000
Premium/Discount to List
-$249,000
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$1,982,500
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 27, 2006
Sold by
Key William G and Key Patricia A
Bought by
Key William G and The William G Key Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2006
Sold by
Key William G
Bought by
Key William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2002
Sold by
Key William G and Key Patricia A
Bought by
Key William G and The William G Key Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,400
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2001
Sold by
William G Key I
Bought by
Key William G Trust

Purchase Details

Closed on
Nov 15, 1999
Sold by
Scambia Diego and Scambia Josephine Scambia
Bought by
Key William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1973
Bought by
Key William G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Profundum Trust $3,500,000 Law Offices Of Thomas D Wright
Key Patricia A $3,050,000 None Available
Key William G -- None Available
Key William G -- Attorney
Key William G -- --
Key William G Trust -- --
Key William G $1,050,000 --
Key William G $42,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Key Patricia A $1,982,500
Previous Owner Key William G $630,000
Previous Owner Key William G $640,400
Previous Owner Key William G $640,400
Previous Owner Key William G $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2020 10/01/20 Sold $3,500,000 -12.4% $637 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
06/04/2020 06/04/20 Price Changed $3,995,000 -4.9% $727 / Sq Ft
12/20/2019 12/20/19 For Sale $4,200,000 +37.7% $764 / Sq Ft
06/29/2017 06/29/17 Sold $3,050,000 -7.5% $555 / Sq Ft View Prior Sale
04/26/2017 04/26/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $3,299,000 -- $600 / Sq Ft
Source: Florida Keys Board 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
2025 $40,339 $4,954,417 $3,269,937 $1,684,480
2024 $38,714 $4,997,697 $3,310,887 $1,686,810
2023 $38,714 $5,192,586 $3,534,807 $1,657,779
2022 $33,231 $4,149,020 $2,533,126 $1,615,894
2021 $29,914 $3,007,821 $1,530,937 $1,476,884
2020 $36,278 $3,633,065 $1,845,788 $1,787,277
2019 $35,156 $3,543,991 $1,747,555 $1,796,436
2018 $34,294 $3,538,304 $1,836,670 $1,701,634
2017 $18,942 $1,948,100 $0 $0
2016 $19,087 $1,908,032 $0 $0
2015 $19,607 $1,894,769 $0 $0
2014 $20,301 $1,879,731 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588775

Florida Keys Board of REALTORS®

APN: 00384130-000000

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