$625,000
SOLD SEP 18, 2020

305 50th Street Ocean Marathon, FL 33050

2 Beds
2 Baths
936 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$668 Per Sq Ft

4% Below List Price

185 Days on Market

Highlights

  • Home fronts a canal
  • Cathedral Ceiling
  • No HOA
  • Coral Shores High School Rated A
  • Furnished
  • Stainless Steel Appliances

About This Home

As of October 2023

This is an updated canal front home and an established vacation rental with good history which is perfectly positioned for both walking and boating access. Stone and stainless steel counter tops, stainless appliances, updated bathrooms, dock side tiki, fully fenced yard on a quiet street with western exposure. 75' of canal front dockage with new wood decking and concrete seawall. Lots of extra enclosed space and plenty of room to drop in a pool if you want. Call today to schedule a private viewing.

Last Agent to Sell the Property

Lynn Lucas

Berkshire Hathaway HomeServices Keys Real Estate License #653995 Listed on: 01/24/2020

Berkshire Hathaway HomeServices Keys Real Estate

Last Buyer's Agent

Angela Nunez

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,677

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 7,500 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned RM - Residential Medium

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 936 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Marameade Amd Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00324950-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,677

Year Built

Built in 1990 | Remodeled

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: 4
  • Dockage Dock Length: 75
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Old Town East (25th to Sombrero)
  • Mile Marker: 49.50
  • 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: 5677.46
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 1990
  • Alternate Key Number: 1398870
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Ceiling Fans(s), Ductless, Central Air
  • Lot Sq Ft: 7500.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 936.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Dryer
  • Floor: Tile
  • Windows/Doors: Aluminum Windows, Single Hung Windows
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00324950-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2025
Sold by
Schreiber Squib and Schreiber Margaret
Bought by
305 50Th Street Ocean Land Trust and 305 Ocean Llc
Current Estimated Value
$946,707

Purchase Details

Listed on
May 3, 2023
Closed on
Oct 27, 2023
Sold by
Simon Brendan J and Simon Teri E
Bought by
Schreiber Squib and Schreiber Margaret Leigh
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Elizabeth Greco-DeGrenier
Florida Keys Realty, Inc.
List Price
$999,900
Sold Price
$935,000
Premium/Discount to List
-$64,900
-6.49%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%
Original Mortgage
$435,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2020
Closed on
Sep 17, 2020
Sold by
Lujardo Mariano M
Bought by
Simon Brendan J and Simon Teri E
Seller's Agent
Lynn Lucas
Berkshire Hathaway HomeServices Keys Real Estate
Buyer's Agent
Angela Nunez
Coldwell Banker Schmitt Real Estate Co.
List Price
$649,900
Sold Price
$625,000
Premium/Discount to List
-$24,900
-3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.83%

Purchase Details

Closed on
Oct 22, 2013
Sold by
Lujardo Mariano M and Lujardo Magaly C
Bought by
Lujardo Mariano M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2007
Sold by
Robinson Thomas J
Bought by
Lujardo Mariano M and Lujardo Magaly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2007
Sold by
Schubert Carl
Bought by
Lujardo Mariano M and Lujardo Magaly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2007
Sold by
Mchenry Gregory
Bought by
Lujardo Mariano M and Lujardo Magaly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1988
Bought by
Lujardo Mariano M

Purchase Details

Closed on
Jul 1, 1979
Bought by
Lujardo Mariano M
Source: Public Records

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Range of Values:

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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 -- None Listed On Document
Warranty Deed $935,000 None Listed On Document
Warranty Deed $625,000 True Title Florida Keys Inc
Interfamily Deed Transfer -- Attorney
Personal Reps Deed $500,000 Century Title Corporation
Warranty Deed -- Century Title Corporation
Warranty Deed -- Century Title Corporation
Warranty Deed -- Century Title Corporation
Warranty Deed -- Century Title Corporation
Warranty Deed -- Century Title Corporation
Warranty Deed -- Century Title Corporation
Warranty Deed $38,000 --
Deed $17,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $435,000 New Conventional
Previous Owner $391,500 New Conventional
Previous Owner $392,000 New Conventional
Previous Owner $472,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $935,000 -4.1% $999 / Sq Ft
09/03/2023 09/03/23 Pending -- -- --
07/08/2023 07/08/23 Price Changed $975,000 -2.5% $1,042 / Sq Ft
05/03/2023 05/03/23 For Sale $999,900 +60.0% $1,068 / Sq Ft
09/18/2020 09/18/20 Sold $625,000 -3.8% $668 / Sq Ft
01/24/2020 01/24/20 For Sale $649,900 -- $694 / Sq Ft
Source: Florida Keys Board 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 $7,863 $793,166 $599,250 $193,916
2023 $7,863 $867,313 $669,750 $197,563
2022 $6,959 $646,580 $444,150 $202,430
2021 $6,429 $502,751 $301,388 $201,363
2020 $5,875 $487,501 $301,388 $186,113
2019 $5,677 $504,383 $317,250 $187,133
2018 $5,045 $425,224 $238,688 $186,536
2017 $4,740 $393,532 $0 $0
2016 $4,619 $380,715 $0 $0
2015 -- $305,533 $0 $0
2014 -- $251,407 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Ferringo

    Seller's Agent in 2023

    Lisa Ferringo

    Coldwell Banker Schmitt Lower Keys (KW)

    (305) 797-1221

    635 Total Sales

    Lisa Ferringo
    Section Image
  • Lynn Lucas

    Seller's Agent in 2020

    Lynn Lucas

    Berkshire Hathaway HomeServices Keys Real Estate

    (305) 393-0559

    177 Total Sales

    Lynn Lucas
    Section Image

  • A

    Buyer's Agent in 2020

    Angela Nunez

    Coldwell Banker Schmitt Real Estate Co.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589384

Florida Keys Board of REALTORS®

APN: 00324950-000000

Florida Monroe County Marathon 33050

305 50th Street Ocean, Marathon, FL

This home is located at 305 50th Street Ocean, Marathon, FL 33050 and is currently priced at $625,000, approximately $667 per square foot. This property was built in 1990. 305 50th Street Ocean is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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