NOT LISTED FOR SALE

2697 Sombrero Blvd Marathon, FL 33050

Estimated Value: $1,761,000 - $2,063,000

3 Beds
2 Baths
1,524 Sq Ft
$1,246/Sq Ft Est. Value

Last Sold July 25, 2024

Last sale price $1,900,000 $1,247 Per Sq Ft

Current estimated payment $11,696/month

204 Days on Market

Highlights

  • Boat Lift
  • Heated In Ground Pool
  • Marble Flooring
  • Coral Shores High School Rated A
  • Home fronts a canal
  • Cathedral Ceiling

About This Home

As of July 2024

Explore this well-maintained three-bedroom, two-bathroom residence that boasts ample privacy and space to unwind. A haven for fishing enthusiasts and those seeking relaxation, the property is thoughtfully designed. A recently installed boat lift and a commercial ice machine enhance the experience. With swift ocean access, an expansive swimming pool, a bar, and numerous inviting outdoor spaces, this sturdy concrete home with impact windows is a vacationer's paradise. Seeing is truly believing, and this vacation rental, sold as pictured with a few exceptions for personal items, is a testament to that. Conveniently situated in Central Marathon, it's close to the beach, grocery shopping, and other amenities. Additionally, the buyer has approval from the Army Corp to expand the dockage by over 30 feet.

Last Agent to Sell the Property

Guy Moreau, Broker Associate

Lokation Real Estate License #3083172 Listed on: 11/30/2023

Lokation Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,226

Year Built

  • Built in 1989

Lot Details

  • 0.27 Acre Lot
  • Home fronts a canal
  • Property is zoned RM - Residential Medium

Home Design

  • Tile Roof

Interior Spaces

  • 1,524 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Storage
  • Marble Flooring
  • Canal Views

Kitchen

  • Oven
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Carport
  • Off-Street Parking

Outdoor Features

  • Heated In Ground Pool
  • Boat Lift
  • Dock made with Composite Material
  • Screened Balcony
  • Tiki or Chickee Hut

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Cistern
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sombrero Properties Subdivision

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00355380-001300

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,226

Year Built

Built in 1989

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: 5
  • Dockage Dock: Composite
  • Dockage Dock Length: 85
  • Document Count: 1
  • Fee Includes: None
  • Handicap Access: 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 16226.18
  • Vehicle Storage: Carport, Off Street Parking
  • Year Built: 1989
  • Alternate Key Number: 1435414
  • Cooling Heating: Central Air
  • Lot Sq Ft: 11850.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Screened P/B
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1524.00
  • Pre Wired: Cable
  • G F Utilities: Cistern
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Granite Counter Top, Walk-in Closet(s), Storage, Smoke Alarms, Pantry
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Stainless Steel Appliance(s), Ice Machine, Freezer, Disposal, Oven, Refrigerator, Dishwasher
  • Floor: Marble
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Chickee Hut
  • Roof: Tile Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Elect Separate Meter, Buyer to Verify, Cistern
  • Heating: Forced Air

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00355380-001300
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.27

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Jul 22, 2024
Sold by
Briscoe Randy and Briscoe Coats Randolph
Bought by
Lazo Juan Carlos and Lazo Lizandra
Seller's Agent
Guy Moreau, Broker Associate
Lokation Real Estate
Buyer's Agent
Creative Technology
List Price
$1,975,000
Sold Price
$1,900,000
Premium/Discount to List
-$75,000
-3.8%
Views
87
Current Estimated Value
$1,898,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,566
Avg. Annual Appreciation
-0.08%
Original Mortgage
$1,321,830
Outstanding Balance
$1,308,273
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$590,161

Purchase Details

Listed on
Feb 18, 2022
Closed on
Feb 18, 2022
Sold by
Heuss Stephen P and Heuss Fostine
Bought by
Coats R And Jamie L Briscoe Family Trust and Fa Jamie
Seller's Agent
Guy Moreau
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Guy Moreau
Coldwell Banker Schmitt Real Estate Co.
List Price
$2,100,000
Sold Price
$2,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.03%

Purchase Details

Listed on
Jul 19, 2019
Closed on
Jun 30, 2020
Sold by
Davis Sherry A
Bought by
Heuss Stephen P and Heuss Fostine
Seller's Agent
Ben Daniels
Lokation Real Estate
Buyer's Agent
Elizabeth Greco-DeGrenier
Florida Keys Realty, Inc.
List Price
$1,250,000
Sold Price
$920,000
Premium/Discount to List
-$330,000
-26.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.41%
Original Mortgage
$736,000
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1989
Bought by
Davis Harry and Davis Sherry A

Purchase Details

Closed on
Sep 1, 1988
Bought by
Davis Harry and Davis Sherry A

Purchase Details

Closed on
Mar 1, 1980
Bought by
Davis Harry and Davis Sherry A

Purchase Details

Closed on
Mar 1, 1979
Bought by
Davis Harry and Davis Sherry A
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
Lazo Juan Carlos $1,900,000 None Listed On Document
Coats R And Jamie L Briscoe Family Trust $2,100,000 Cunningham Miller Rhyne Pa
Heuss Stephen P $920,000 Law Offices Of Thomas D Wright
Davis Harry $325,000 --
Davis Harry $71,000 --
Davis Harry $39,500 --
Davis Harry $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazo Juan Carlos $1,321,830
Previous Owner Heuss Stephen P $736,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold $1,900,000 -3.8% $1,247 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
05/27/2024 05/27/24 For Sale $1,975,000 0.0% $1,296 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $1,975,000 -13.2% $1,296 / Sq Ft
03/08/2024 03/08/24 Price Changed $2,275,000 -4.2% $1,493 / Sq Ft
02/29/2024 02/29/24 Price Changed $2,375,000 -4.0% $1,558 / Sq Ft
11/30/2023 11/30/23 For Sale $2,475,000 +17.9% $1,624 / Sq Ft
02/18/2022 02/18/22 Sold $2,100,000 0.0% $1,227 / Sq Ft
02/18/2022 02/18/22 For Sale $2,100,000 +128.3% $1,227 / Sq Ft
06/30/2020 06/30/20 Sold $920,000 -13.1% $538 / Sq Ft
04/17/2020 04/17/20 Price Changed $1,059,000 -8.6% $619 / Sq Ft
02/07/2020 02/07/20 Price Changed $1,159,000 -3.4% $677 / Sq Ft
11/22/2019 11/22/19 Price Changed $1,199,999 -4.0% $701 / Sq Ft
07/19/2019 07/19/19 For Sale $1,250,000 -- $731 / 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 $16,226 $1,837,015 $1,141,155 $695,860
2023 $16,226 $1,695,949 $1,023,840 $672,109
2022 $10,479 $1,243,736 $770,546 $473,190
2021 $8,588 $814,423 $447,930 $366,493
2020 $4,791 $479,791 $0 $0
2019 $5,055 $454,672 $0 $0
2018 $4,823 $446,195 $0 $0
2017 $4,799 $443,018 $0 $0
2016 $4,836 $433,906 $0 $0
2015 $4,631 $412,507 $0 $0
2014 $4,641 $403,635 $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: 607622

APN: 00355380-001300