NOT LISTED FOR SALE

300 Duck Key Dr Unit 5 Marathon, FL 33050

Estimated Value: $343,605 - $402,000

1 Bed
1 Bath
510 Sq Ft
$500/mo HOA Fee

Last Sold April 14, 2023

Last sale price $380,000 $745 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,751/month

10 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Community Spa
  • Coral Shores High School Rated A
  • Quartz Countertops
  • 1-minute walk to Curry Hammock State Park

About This Home

As of April 2023

Lovely one bedroom Condominium on Duck Key. Use as a second home or monthly rental unit. This location provides stunning ocean views. Completely remodeled in 2023. All Concrete repaired and or replaced. Exterior is new and solid! Furnished and being sold with furnishings. Steps from Hawks Cay Marina and docks with breathtaking Sunrise views from the rear, and Sunset views from the front. This is a perfect opportunity to own on Duck Key, as a snowbird, investor or full time resident.

Last Agent to Sell the Property

Margaret Crowley

Florida Keys Realty Group LLC License #3209961 Listed on: 03/06/2023

Last Buyer's Agent

Loretta Lawrence

Island Equity Real Estate License #3055525

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,220

Year Built

  • Built in 1969 | Remodeled

Lot Details

  • 0.31

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Entry on the 1st floor
  • Metal Roof

Interior Spaces

  • 510 Sq Ft Home
  • Furnished
  • Bar
  • Blinds
  • Tile Flooring
  • Water Views

Kitchen

  • Oven
  • Microwave
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer

Additional Features

  • Balcony
  • Ocean Front

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00377270-000106

Community Details

Overview

  • Association fees include cable, common area mnt, building insurance, bldg exterior mnt, water, exterminating, sewer
  • Marina Apts Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,220

Year Built

Built in 1969 | Remodeled

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 500.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: 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: Other Area Features, Bike Paths, Spa
  • Pets W Restrictions: owners may have pets
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3219.53
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking
  • Year Built: 1969
  • Alternate Key Number: 1460788
  • Cooling Heating: Wall/Window Unit(s)
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 510.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Bar, Quartz Countertops
  • Floor Number: 1.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Refrigerator, Microwave, Oven
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 1

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Other, Combo Construction
  • Roof: Metal Roof, Combo Roof
  • Waterview: Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE
  • Parcel Number: 00377270-000106
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Apr 21, 2023
Sold by
Racioppi Susan
Bought by
Bush Brenda
Seller's Agent
Margaret Crowley
Florida Keys Realty Group LLC
Buyer's Agent
Loretta Lawrence
Island Equity Real Estate
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%
Views
31
Current Estimated Value
$377,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,599
Avg. Annual Appreciation
-0.25%
Original Mortgage
$17,100
Outstanding Balance
$16,577
Interest Rate
6.27%
Estimated Equity
$360,824

Purchase Details

Closed on
May 12, 2022
Sold by
Savarese Philip J
Bought by
Racioppi Susan

Purchase Details

Closed on
Nov 14, 2011
Sold by
Bosca Julie
Bought by
Savarese Philip J

Purchase Details

Closed on
Jun 19, 2006
Sold by
Ayres James D and Ayres Andrea
Bought by
Bosca Julie

Purchase Details

Closed on
Aug 15, 2005
Sold by
Bonasto Anthony J and Bonasto Nicola M
Bought by
Ayres James D and Ayres Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 16, 2003
Sold by
Groeller William M
Bought by
Bonasto Anthony J and Bonasto Nicola M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2003
Sold by
Miller Ronald L and Miller Yvonne
Bought by
Groeller William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1999
Sold by
Meyer Thomas A and Meyer Eva
Bought by
Miller Ronald L and Miller Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1994
Bought by
Savarese Philip J

Purchase Details

Closed on
Sep 1, 1989
Bought by
Savarese Philip J

Purchase Details

Closed on
Jul 1, 1981
Bought by
Savarese Philip J

Purchase Details

Closed on
Sep 1, 1979
Bought by
Savarese Philip J
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
Bush Brenda $380,000 None Listed On Document
Bush Brenda $380,000 None Listed On Document
Racioppi Susan -- Cunningham Miller Rhyne Pa
Savarese Philip J $90,000 Working Title Llc
Bosca Julie -- None Available
Ayres James D $330,000 Florida Keys Title Company
Bonasto Anthony J $232,500 --
Groeller William M $190,000 Century Title Corporation
Miller Ronald L $75,000 --
Savarese Philip J $73,300 --
Savarese Philip J $50,000 --
Savarese Philip J $46,000 --
Savarese Philip J $37,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bush Brenda $17,100
Closed Bush Brenda $17,100
Open Bush Brenda $342,000
Closed Bush Brenda $342,000
Previous Owner Ayres James D $231,000
Previous Owner Bonasto Anthony J $186,000
Previous Owner Groeller William M $171,000
Previous Owner Miller Ronald L $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2023 04/14/23 Sold $380,000 -3.8% $745 / Sq Ft
03/06/2023 03/06/23 For Sale $395,000 -- $775 / 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 $3,330 $312,848 -- $312,848
2024 $3,445 $312,848 -- $312,848
2023 $3,445 $292,843 $0 $292,843
2022 $3,220 $268,215 $0 $268,215
2021 $2,595 $189,023 $0 $189,023
2020 $2,573 $189,023 $0 $189,023
2019 $2,493 $196,127 $0 $196,127
2018 $2,225 $157,781 $0 $0
2017 $2,075 $144,038 $0 $0
2016 $2,038 $144,038 $0 $0
2015 $2,026 $144,038 $0 $0
2014 $2,001 $141,780 $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: 604450

APN: 00377270-000106