NOT LISTED FOR SALE

367 Stirrup Key Blvd Marathon, FL 33050

Estimated Value: $2,009,000 - $2,934,000

3 Beds
3 Baths
2,340 Sq Ft
$1,093/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $2,750,000 $1,175 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $15,044/month

50 Days on Market

Highlights

  • Boat Ramp
  • Dock made with concrete
  • Boat Lift
  • Coral Shores High School Rated A
  • Property fronts gulf or ocean
  • Sandy Beach

About This Home

As of August 2022

Welcome to million-dollar views! This concrete constructed home is nestled on The Gulf of Mexico offering island living in the exclusive gated community of Stirrup Key. Offering privacy, security, open water views and protected deep water dockage at your deeded slip in the community marina. New 14,000 lb boat lift and composite finger pier. The marina location provides direct access to the gulf and quick access to the Atlantic via Vaca Cut. The stilted home with wood vaulted ceilings boasts 2,340 sf under air with 3 bedrooms, 3 bathrooms plus an additional 660 sf of bonus space on the ground level. Tile floors throughout, new cabinetry with upgraded countertops, large kitchen island, new appliances, wine refrigerator and double ovens for your culinary creations. The home provides efficiency and protection with metal roof, new AC, impact doors, windows and sliders plus spray foamed attic with stucco soffits. The master suite has open water views, access to the porches, large walk-in closet, double vanities and large shower with additional body jets for total relaxation. Split floor plan for privacy from the 2 upstairs guest bedrooms. The screened porch offers additional living space with impressive open water views for enjoying the sunrise and sunset skies, morning coffee or an afternoon cocktail. The ground floor has two bonus rooms each with slider access to the pool, under stair storage and a large bathroom with access to the outdoor area. The outdoor entertainment area includes a kitchen complete with ice maker, 3 refrigerator/freezers, sink with hot/cold water, party lighting, ceiling fans and electric shutters. The large in-ground pool was recently upgraded to a saltwater system, retiled, and a heater/chiller added for year-round enjoyment. The pool, sandy beach, and firepit overlook the bay for the ultimate island paradise. There is a garage, covered parking and plenty of additional parking for guests on the spacious 1/4 acre lot.

Last Agent to Sell the Property

Jenna Chapa

Ocean Sotheby's International License #SL3482418 Listed on: 06/20/2022

Ocean Sotheby's International

Last Buyer's Agent

Ralph Sam

Real Estate Sales Force - Coral Gables

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,440

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Fenced
  • Sprinkler System
  • Fruit Trees
  • Property is zoned RM - Residential Medium

HOA Fees

  • $113 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 2,340 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Tile Flooring
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Complete Electric Power Shutters
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Electric Gate
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Rip-Rap
  • Boat Lift
  • Boat Ramp
  • Boat Slip
  • Dock made with concrete
  • Balcony
  • Screened Patio
  • Outdoor Water Feature
  • Outdoor Kitchen
  • Exterior Lighting

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 365
  • Assessor Parcel Number 00333641-006500

Community Details

Overview

  • Stirrup Key Sub Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,440

Year Built

Built in 1998 | Remodeled

Lot Details

0

HOA Fees

$113 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00333641-0151
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 1350.00
  • Mandatory HOA: Yes
  • Dockage Dock: Concrete
  • Dockage Seawall: Rip Rap
  • Fee Includes: Other
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Behind the Airport
  • Mile Marker: 52.50
  • Min Rental Days: 365.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 10439.91
  • Title: Negotiable
  • Vehicle Storage: Carport, Guest Parking, Garage
  • Year Built: 1998
  • Alternate Key Number: 1410357
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 11300.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Screened Patio
  • Association Maintenance Fee Per: Yearly
  • Shutters: Roll Down Electric
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2340.00
  • Pool Info Other: Chiller
  • 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, Quartz Countertops, Walk-in Closet(s), Storage, Split Bedroom, Smoke Alarms, Granite Counter Top, Entrance Foyer, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Wine Cooler, Washer, Oven, Refrigerator, Range, Microwave, Ice Machine, Freezer, Dryer, Disposal
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Sq Ft Remarks: There is an additional 660 SF downstairs with a foyer, full bath, and 2 bonus spaces/storage areas.

Exterior Features

  • Dockage: Boat Lift, Boat Slip, Boat Ramp
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Water Display, Sandy Beach, Sprinkler System, Outdoor Kitchen, Lighting, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Patrolled Area
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00333641-006500
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.26

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Aug 29, 2022
Sold by
Chapa Phillip E and Chapa Jenna L
Bought by
Zeien Michael C and Zeien Patricia A
Seller's Agent
Jenna Chapa
Ocean Sotheby's International
Buyer's Agent
Ralph Sam
Real Estate Sales Force - Coral Gables
List Price
$2,895,000
Sold Price
$2,750,000
Premium/Discount to List
-$145,000
-5.01%
Views
1
Current Estimated Value
$2,558,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$192,000
Avg. Annual Appreciation
-2.14%
Original Mortgage
$1,925,000
Outstanding Balance
$1,804,945
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$753,055

Purchase Details

Listed on
Dec 27, 2019
Closed on
Apr 17, 2020
Sold by
Damon Carolyn A and Damon Michael
Bought by
Chapa Phillip E and Chapa Jenna L
Seller's Agent
Jamie Engel
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Jo Ann Cook
Ocean Sotheby's International
List Price
$1,260,000
Sold Price
$1,265,000
Premium/Discount to List
$5,000
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.77%
Original Mortgage
$1,201,750
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2011
Sold by
Anderson Alan Paul
Bought by
Damon Carolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,600
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2011
Sold by
Loos John T
Bought by
Anderson Alan Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,600
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2002
Sold by
Philip G Grieve M
Bought by
Anderson Alan P and Loos John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 1999
Sold by
Gustafson Robert
Bought by
Grive Philip G and Grive Dolores M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,600
Interest Rate
7.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 1998
Sold by
Albart Edward
Bought by
Gustafson Robert

Purchase Details

Closed on
Apr 10, 1995
Sold by
Patzer George and Patzer Lorraine
Bought by
Albart Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
8.59%

Purchase Details

Closed on
Nov 1, 1980
Bought by
Damon Carolyn A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zeien Michael C $2,750,000 Coral Reef Title
Chapa Phillip E $1,265,000 Attorney
Damon Carolyn A $552,000 Attorney
Anderson Alan Paul $40,000 None Available
Anderson Alan P $510,000 --
Grive Philip G $434,500 --
Gustafson Robert $380,000 --
Albart Edward $73,000 --
Damon Carolyn A $26,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeien Michael C $1,925,000
Previous Owner Chapa Phillip E $1,201,750
Previous Owner Damon Carolyn A $441,600
Previous Owner Gustafson Robert $408,000
Previous Owner Gustafson Robert $347,600
Previous Owner Albart Edward $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2022 08/29/22 Sold $2,750,000 -5.0% $1,175 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $2,895,000 +128.9% $1,237 / Sq Ft
04/17/2020 04/17/20 Sold $1,265,000 +0.4% $541 / Sq Ft View Prior Sale
02/04/2020 02/04/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $1,260,000 -- $538 / 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
2025 $18,830 $2,074,021 -- --
2024 $18,753 $2,015,570 -- --
2023 $18,753 $1,956,865 $1,092,089 $864,776
2022 $10,273 $1,021,716 $0 $0
2021 $10,440 $991,958 $469,685 $522,273
2020 $9,882 $949,855 $0 $0
2019 $9,680 $928,500 $470,786 $457,714
2018 $9,471 $940,548 $0 $0
2017 $9,301 $921,203 $0 $0
2016 $9,391 $902,256 $0 $0
2015 $9,312 $895,984 $0 $0
2014 $9,469 $888,873 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jenna Chapa

    Ocean Sotheby's International

    Section Image

  • R

    Buyer's Agent in 2022

    Ralph Sam

    Real Estate Sales Force - Coral Gables

  • Jamie Engel

    Seller's Agent in 2020

    Jamie Engel

    Coldwell Banker Schmitt Islamorada

    (305) 664-4470

    4 in this area

    100 Total Sales

    Jamie Engel
    Section Image
  • Jo Ann Cook

    Buyer's Agent in 2020

    Jo Ann Cook

    Ocean Sotheby's International

    (305) 360-7968

    113 in this area

    136 Total Sales

    Jo Ann Cook
    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601461

Florida Keys Board of REALTORS®

APN: 00333641-006500

Florida Monroe County Marathon 33050

367 Stirrup Key Blvd, Marathon, FL

Not Listed for Sale

Detached

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