NOT LISTED FOR SALE

300 12th St Marathon, FL 33050

Estimated Value: $1,743,000 - $1,830,468

5 Beds
4 Baths
2,736 Sq Ft
$656/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $960,000 $351 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $10,228/month

17 Days on Market

Highlights

  • Airstrip
  • Beach
  • Concrete Pool
  • Coral Shores High School Rated A
  • Dock made with concrete
  • Home fronts a canal

About This Home

As of November 2020

5 Bedroom Vacation Rental. 2 are master suites, 4 bathrooms, BIG Pool, open living, dining & kitchen. 88 foot concrete dock. Huge rooftop deck with great views of deep, wide canal. Ideally located only 5 minutes to the open ocean and gulf. Walk or bike to the marina, golf, tennis, pickleball, bocce ball, horseshoes, basketball, playground, Sunset park, post office and restaurants. Your piece of paradise is here!

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International Realty License #3226605 Listed on: 09/19/2020

Ocean Sotheby's International Realty

Last Buyer's Agent

outside of mls

Outside Of MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,891

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 9,680 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R-1A - Key Colony Single Family

Home Design

  • Tile Roof

Interior Spaces

  • 2,736 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Sun or Florida Room
  • Storage
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • Guest Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Airstrip
  • Dock made with concrete
  • Balcony
  • Patio

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00077600-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 2Nd Addn Subdivision

Recreation

  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,891

Year Built

Built in 1965 | Remodeled

Lot Details

9,680 Sq Ft Lot

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: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • 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: Ocean
  • State Province: FL
  • Taxes: 8891.44
  • Title: Title Ins - Buyer
  • Vehicle Storage: Guest Parking, Off Street Parking
  • Year Built: 1965
  • Alternate Key Number: 1083330
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 9680.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck, Patio
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2736.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Walk-in Closet(s), Storage, Smoke Alarms
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Microwave, Range, Refrigerator, Dryer
  • Floor: Tile, Combo, Carpet
  • Specialty Rooms: Laundry Room, Sun/Florida Room
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 5

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Tile Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Buyer to Verify, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00077600-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.22

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2020
Closed on
Nov 30, 2020
Sold by
Felling Michael
Bought by
Daiquiri Key Llc
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International Realty
Buyer's Agent
outside of mls
Outside Of MLS
List Price
$1,100,000
Sold Price
$960,000
Premium/Discount to List
-$140,000
-12.73%
Current Estimated Value
$1,794,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$834,367
Avg. Annual Appreciation
12.73%
Original Mortgage
$672,000
Outstanding Balance
$595,250
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$1,199,117

Purchase Details

Closed on
Sep 10, 1997
Sold by
Smith Randi Sigmund
Bought by
Felling Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.39%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 1, 1990
Bought by
Felling Michael

Purchase Details

Closed on
Oct 1, 1989
Bought by
Felling Michael

Purchase Details

Closed on
Jul 1, 1985
Bought by
Felling Michael

Purchase Details

Closed on
Nov 1, 1981
Bought by
Felling Michael
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
Daiquiri Key Llc $960,000 Extreme Title Services Inc
Daiquiri Key Llc $960,000 New Title Company Name
Felling Michael $300,000 --
Felling Michael $375,000 --
Felling Michael $287,500 --
Felling Michael $230,000 --
Felling Michael $1,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daiquiri Key Llc $672,000
Closed Daiquiri Key Llc $672,000
Previous Owner Felling Michael $620,000
Previous Owner Felling Michael $472,000
Previous Owner Felling Michael $280,000
Previous Owner Felling Michael $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2020 11/30/20 Sold $960,000 -12.7% $351 / Sq Ft
09/19/2020 09/19/20 For Sale $1,100,000 -- $402 / Sq Ft
Source: Marathon and Lower Keys Association 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 $11,805 $1,488,594 $926,376 $562,218
2024 $11,151 $1,285,392 $880,057 $405,335
2023 $11,151 $1,278,909 $880,057 $398,852
2022 $10,022 $1,131,225 $679,536 $451,689
2021 $8,983 $851,014 $487,872 $363,142
2020 $8,865 $870,050 $453,024 $417,026
2019 $8,891 $872,161 $448,668 $423,493
2018 $9,365 $1,028,647 $533,610 $495,037
2017 $8,145 $871,433 $0 $0
2016 $7,645 $760,650 $0 $0
2015 $7,615 $748,571 $0 $0
2014 $7,201 $686,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Raspe, PA

    Seller's Agent in 2020

    Karen Raspe, PA

    Ocean Sotheby's International Realty

    (305) 393-9010

    123 in this area

    179 Total Sales

    Karen Raspe, PA
    Section Image

  • o

    Buyer's Agent in 2020

    outside of mls

    Outside Of MLS

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 592662

APN: 00077600-000000

Florida Monroe County Marathon 33050

300 12th St, Marathon, FL

Not Listed for Sale

Detached

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