$1,200,000
SOLD MAR 17, 2025

250 Pescayo Ave Marathon, FL 33050

0.25 Acre
-- Price per Acre
10,713 Sq Ft Lot

Recently Sold

14% Below List Price

23 Days on Market

Highlights

  • Airstrip
  • Water Views
  • Beach
  • Coral Shores High School Rated A

About This Lot

As of March 2025

Open water views from 10,713 sq ft lot with Building Right and Dock permit at 250 Pescayo Ave just off Coco Plum Dr in Marathon Florida.

Last Agent to Sell the Property

Brian Schmitt

Coldwell Banker Schmitt Real Estate Co. (KW) License #BK147809 Listed on: 01/27/2025

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Nate Bartlett

Berkshire Hathaway HomeServices Keys Real Estate License #3588189

Berkshire Hathaway HomeServices Keys Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,644

Lot Details

  • 10,713 Sq Ft Lot
  • Cleared Lot
  • Property is zoned RH - Residential High

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 00363511-000300

Community Details

Overview

  • Coco Plum Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Beach
  • Airstrip

Property Details

Property Type

Land

Est. Annual Taxes

$4,644

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Coco Plum
  • Mile Marker: 54.60
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Beach
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Property Rights: Transfer Bldg Rights
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4643.62
  • Alternate Key Number: 9105115
  • Dockage Dock Permit: Yes
  • Lot Sq Ft: 10713.00
  • Species List: No
  • First Right of Refusal: No
  • Mandatory HOA: Yes
  • Existing Utilities: Undergrnd Utilities, Sewer, Electric on Site
  • Location Site: Water Frontage, Cleared Site
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: Yes
  • Survey Available: Yes
  • Tax Exemptions: None
  • Vegetation Survey: Yes
  • Water Main Inquiry File: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Open Water
  • Waterfront: Yes
  • Waterview: Open Water View

Utilities

  • Security: No Security

Lot Info

  • Deed Restrictions: Yes
  • Parcel Number: 00363511-000300
  • Land Size: Less Than 1/4 Acre
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2025
Closed on
Mar 18, 2025
Sold by
Seaview Commons Llc
Bought by
Chittum & Sons Development Llc
Seller's Agent
Brian Schmitt
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Nate Bartlett
Berkshire Hathaway HomeServices Keys Real Estate
List Price
$1,395,000
Sold Price
$1,200,000
Premium/Discount to List
-$195,000
-13.98%
Current Estimated Value
$1,238,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,194
Avg. Annual Appreciation
3.89%

Purchase Details

Listed on
Jan 27, 2025
Closed on
Feb 19, 2025
Sold by
Seaview Commons Llc
Bought by
Seaview Commons Llc
Seller's Agent
Brian Schmitt
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Nate Bartlett
Berkshire Hathaway HomeServices Keys Real Estate
List Price
$1,395,000
Sold Price
$1,200,000
Premium/Discount to List
-$195,000
-13.98%

Purchase Details

Listed on
Jan 27, 2025
Closed on
Feb 11, 2025
Sold by
Seaview Commons Llc
Bought by
Seaview Commons Llc
Seller's Agent
Brian Schmitt
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Nate Bartlett
Berkshire Hathaway HomeServices Keys Real Estate
List Price
$1,395,000
Sold Price
$1,200,000
Premium/Discount to List
-$195,000
-13.98%

Purchase Details

Closed on
Jun 8, 2023
Sold by
Seaview Commons Llc
Bought by
Seaview Commons Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $1,200,000 None Listed On Document
Warranty Deed $1,200,000 None Listed On Document
Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2025 03/17/25 Sold $1,200,000 -14.0% --
02/19/2025 02/19/25 Pending -- -- --
01/27/2025 01/27/25 For Sale $1,395,000 -- --
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
2025 $4,787 $1,021,699 $1,021,699 --
2024 $4,935 $521,777 $521,777 --
2023 $4,935 $521,777 $521,777 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 613337

APN: 00363511-000300