NOT LISTED FOR SALE

306 Cypress St Marathon, FL 33050

Estimated Value: $3,713,000 - $4,315,000

4 Beds
4 Baths
2,768 Sq Ft
$1,476/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $3,475,000 $1,255 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $24,044/month

384 Days on Market

Highlights

  • Ocean Front
  • Dock made with concrete
  • Concrete Pool
  • Coral Shores High School Rated A
  • Boat Lift
  • 1-minute walk to Curry Hammock State Park

About This Home

As of December 2021

Approximately 140' of deep water dockage at this Oceanfront 4 BR 4 BA Pool home set on a 30,000 sq. ft lot on prestigious Yacht Club Island, Duck Key. As you enter into the spacious Great Room a wall of glass greets you boasting picture perfect ocean views from every angle. Days are enjoyed lounging by the oceanfront Pool or out on the water where world-class fishing & diving are just minutes away. Lots of room to dock multiple boats at the concrete dock or on one of the two lifts. This is one of the few areas where large inboard boats can be accommodated. Guests will appreciate the private 1 BR Guest Suite downstairs. Plenty of room for all of your gear in the spacious 2-Car attached Garage.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. Lower Keys Office License #605677 Listed on: 10/15/2020

Co-Listed By

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658

Last Buyer's Agent

Karen Haack

Prudential Keyside Prop/BPK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,548

Year Built

  • Built in 1971

Lot Details

  • 0.68 Acre Lot
  • Ocean Front
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 2,768 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Awning
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Tile Flooring
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass

Parking

  • 2 Car Garage
  • Open Parking
  • RV or Boat Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Boat Lift
  • Dock made with concrete
  • Balcony
  • Patio
  • Lanai
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00384740-000000

Community Details

Overview

  • No Home Owners Association
  • Yacht Club Island Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,548

Year Built

Built in 1971

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: 6
  • Dockage Dock: Concrete
  • Dockage Dock Length: 143
  • Fee Includes: None
  • 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: Bike Paths, Other Area Features
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 9548.22
  • Title: Negotiable
  • Vehicle Storage: Garage, Open Parking, Trailer Storage, RV Parking Open
  • Vehicle Storage Cars: 2
  • Year Built: 1971
  • Alternate Key Number: 1468428
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 29484.00
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2768.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Storage, Wet Bar, Walk-in Closet(s), Granite Counter Top, Entrance Foyer
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Microwave, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Awning Windows, Sliding Glass Doors, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Lighting, Lanai
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,VE
  • Parcel Number: 00384740-000000
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.68

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Dec 15, 2021
Sold by
Thompson Michael N and Thompson Susan H
Bought by
Jamrock Leasing Llc
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co. Lower Keys Office
Buyer's Agent
Karen Haack
Prudential Keyside Prop/BPK
List Price
$3,600,000
Sold Price
$3,475,000
Premium/Discount to List
-$125,000
-3.47%
Current Estimated Value
$3,951,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,936
Avg. Annual Appreciation
4.27%
Original Mortgage
$2,875,000
Outstanding Balance
$2,671,232
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$1,373,326

Purchase Details

Closed on
Mar 9, 2001
Bought by
Thompson Michael N and Thompson Susan H

Purchase Details

Closed on
May 1, 1986
Bought by
Thompson Michael N and Thompson Susan H
Source: Public Records

Range of Values:

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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
Jamrock Leasing Llc $3,375,000 Thomas D Wright Chartered
Thompson Michael N $850,000 --
Thompson Michael N $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jamrock Leasing Llc $2,875,000
Previous Owner Thompson Michael N $1,600,000
Previous Owner Lindengren Glen R $750,000
Previous Owner Lindengren Glen R $750,000
Previous Owner Lindengren Glen R $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $3,475,000 -3.5% $1,255 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $3,600,000 +3.6% $1,301 / Sq Ft
09/30/2021 09/30/21 Off Market $3,475,000 -- --
07/28/2021 07/28/21 Price Changed $3,600,000 -4.0% $1,301 / Sq Ft
06/03/2021 06/03/21 Price Changed $3,750,000 +7.2% $1,355 / Sq Ft
10/15/2020 10/15/20 For Sale $3,499,000 -- $1,264 / 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 $26,615 $2,984,951 -- --
2023 $26,615 $2,898,011 $0 $0
2022 $25,918 $2,813,603 $1,993,275 $820,328
2021 $9,766 $955,000 $0 $0
2020 $9,722 $941,815 $0 $0
2019 $9,548 $920,641 $0 $0
2018 $9,158 $903,475 $0 $0
2017 $8,885 $884,893 $0 $0
2016 $8,930 $866,693 $0 $0
2015 $9,157 $860,668 $0 $0
2014 $9,460 $853,837 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co. Lower Keys Office

  • Sam Williams

    Seller Co-Listing Agent in 2021

    Sam Williams

    Coldwell Banker Schmitt Real Estate Co.

    (305) 289-6532

    27 in this area

    630 Total Sales

    Section Image

  • K

    Buyer's Agent in 2021

    Karen Haack

    Prudential Keyside Prop/BPK

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592992

Florida Keys Board of REALTORS®

APN: 00384740-000000

Florida Monroe County Marathon 33050

306 Cypress St, Marathon, FL

This home is located at 306 Cypress St, Marathon, FL 33050 since 15 October 2020 and is currently estimated at $4,085,580, approximately $1,476 per square foot. This property was built in 1971. 306 Cypress St 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.

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