NOT LISTED FOR SALE

300 120th Street Gulf Marathon, FL 33050

Estimated Value: $710,260 - $924,000

2 Beds
2 Baths
972 Sq Ft
$860/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $490,000 $504 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,864/month

7 Days on Market

Highlights

  • Airstrip
  • Beach
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Dock made with concrete
  • No HOA

About This Home

As of August 2019

Great Investment Opportunity, Weekend Getaway or Retirement Home! A vacation rental with 55 ft concrete dock and direct access to the open Gulf. Just minutes to Vaca Cut and the open Ocean too. Room to add a pool. Close to shopping, dining, beaches, and everything the fabulous Florida Keys have to offer. Here is your affordable home in paradise!

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 06/21/2019

Ocean Sotheby's International

Last Buyer's Agent

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,033

Year Built

  • Built in 1980

Lot Details

  • 4,125 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned RM - Residential Medium

Home Design

  • Shingle Roof

Interior Spaces

  • 972 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Carpet
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Parking

  • Carport
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Airstrip
  • Dock made with concrete
  • Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00357440-000000

Community Details

Overview

  • No Home Owners Association
  • Hawaiian Village Subdivision

Recreation

  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,033

Year Built

Built in 1980

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
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Vaca East (Vaca to Coco)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Bike Paths, Airstrip
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3033.21
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Covered Parking, Off Street Parking, Guest Parking
  • Year Built: 1980
  • Alternate Key Number: 1439479
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 4125.00
  • Porch Balcony: Open Porch/Balcony
  • License Info: Non Trans Rntl Lic
  • Shutters: Accordion, Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 972.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Carpet, Combo
  • Windows/Doors: Sliding Glass Doors, Other Windows/Doors
  • Total Bedrooms: 2
  • Sq Ft Remarks: Bonus Room LL 648 sf plus full bath

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Cable Available, Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00357440-000000
  • Lot Size: 55 x 75
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Aug 22, 2019
Sold by
Mercurio Vincent and Clow Barbara J
Bought by
Cara Ahearn Justin M and Neill Cara O
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
List Price
$475,000
Sold Price
$490,000
Premium/Discount to List
$15,000
3.16%
Current Estimated Value
$836,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,065
Avg. Annual Appreciation
8.79%
Original Mortgage
$441,000
Outstanding Balance
$384,554
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$451,511

Purchase Details

Closed on
Oct 27, 1993
Sold by
Clow Barbara J
Bought by
Mercurico Vincet and Clow Barbara J

Purchase Details

Closed on
Jun 1, 1988
Bought by
Mercurio Vincent

Purchase Details

Closed on
Mar 1, 1980
Bought by
Mercurio Vincent
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cara Ahearn Justin M $490,000 Attorney
Mercurico Vincet -- --
Mercurio Vincent $159,500 --
Mercurio Vincent $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cara Ahearn Justin M $441,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2019 08/23/19 Sold $490,000 +3.2% $504 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $475,000 -- $489 / 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
2025 $5,641 $609,030 $371,858 $237,172
2024 $5,373 $572,465 $337,652 $234,813
2023 $5,373 $566,566 $337,652 $228,914
2022 $4,899 $479,648 $244,963 $234,685
2021 $4,606 $411,788 $196,412 $215,376
2020 $4,397 $397,387 $163,309 $234,078
2019 $3,607 $320,432 $153,378 $167,054
2018 $3,197 $285,640 $144,550 $141,090
2017 $3,379 $305,141 $0 $0
2016 $3,208 $277,777 $0 $0
2015 $2,970 $252,653 $0 $0
2014 $3,331 $282,076 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Raspe, PA

    Seller's Agent in 2019

    Karen Raspe, PA

    Ocean Sotheby's International

    (305) 393-9010

    50 in this area

    188 Total Sales

    Karen Raspe, PA
    Section Image
  • Sam Williams

    Buyer's Agent in 2019

    Sam Williams

    Coldwell Banker Schmitt Real Estate Co.

    (305) 289-6532

    441 in this area

    554 Total Sales

    Sam Williams
    Section Image
  • Caitlin McKinney

    Buyer Co-Listing Agent in 2019

    Caitlin McKinney

    Coldwell Banker Schmitt Real Estate Co.

    (305) 304-7397

    24 in this area

    34 Total Sales

    Caitlin McKinney
    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 586218

APN: 00357440-000000

Florida Monroe County Marathon 33050

300 120th Street Gulf, Marathon, FL

Not Listed for Sale

Detached

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