$525,000
$100K PRICE DROP

370 Cocoanut Ave Marathon, FL 33050

Estimated payment $3,206/month

Total Views 16,002
2 Beds
2 Baths
864 Sq Ft
$608 Price per Sq Ft

Highlights

  • Airstrip
  • Beach
  • RV Parking in Community
  • Coral Shores High School Rated A
  • RV or Boat Parking
  • Cathedral Ceiling

About This Home

PRIVATE, ELEVATED/ABOVE FLOOD, AND SURROUNDED BY NATURE--YOUR PARADISE AWAITS!Tucked away at the end of a quiet street in Grassy Key, this elevated home offers privacy, tranquility, and a breathtaking natural backdrop with protected conservation land surrounding you. Just minutes from Marathon, you'll love the peaceful sounds of nature while still being close to all the BEST shops and restaurants in the Middle Keys.Situated on a spacious 7,500 sq. ft. lot, this 2-bedroom, 2-bathroom home boasts a METAL roof (installed in 2018) and a freshly updated driveway with new rock & mulch beds. There's ample space for multiple vehicles, as well as boats, trailers, or even an RV. Covered parking beneath the home adds extra convenience along with a separate enclosed storage area.Ascend the staircase and take in the open side patio, perfect for enjoying the sunshine & island breezes. The expansive enclosed front porch, accessible from the side patio, living room and kitchen areas, provides the perfect spot to relax & unwind ALL YEAR long.Inside, the spacious living room seamlessly flows into the well-appointed kitchen, which features ample cabinetry, generous counter space, a GAS range and sliding doors that open to the patio--perfect for indoor-outdoor living. The OPEN CONCEPT design leads to a hallway that connects the guest and main bedroom areas, creating a natural flow & separation throughout the home.Recent updates include new light and fan fixtures in the bedrooms & living area, as well as freshly painted rooms throughout. The flooring has also been updated, with brand-new carpet in the guest bedroom and stylish wood plank vinyl flooring in the living and kitchen areas.Just a short walk away, you'll find Sunset Bay Park, a scenic waterfront community park known for its vibrant wildlife and easy access to nearby bike trails.This peaceful & natural retreat is the paradise you've been searching for--schedule your showing today!

Listing Agent

Monica Barrett

Coldwell Banker Schmitt Real Estate Co. License #SL3345718 Listed on: 02/12/2025

Coldwell Banker Schmitt Real Estate Co.

Co-Listing Agent

Rick Servais

Coldwell Banker Schmitt Real Estate Co. License #3238499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,191

Year Built

  • Built in 1990

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned C-NA - Conservation Native Area

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Single Hung Windows

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Airstrip
  • Outdoor Storage

Utilities

  • Central Air
  • Separate Meters
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00369130-000000

Community Details

Overview

  • No Home Owners Association
  • Crains Sub Subdivision
  • RV Parking in Community

Recreation

  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,191

Year Built

Built in 1990

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
  • Contingent: None
  • Document Count: 5
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Grassy Key
  • Mile Marker: 58.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Bike Paths, Airstrip, Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5190.77
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, RV Parking Open, Covered Parking, Trailer Storage
  • Vehicle Storage Cars: 4+
  • Year Built: 1990
  • Alternate Key Number: 1452319
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 7500.00
  • Porch Balcony: Windowed P/B
  • Shutters: Panel
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 864.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Walk-in Closet(s), Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Vinyl, Combo, Carpet, Wood
  • Windows/Doors: Single Hung Windows, Other Windows/Doors, Aluminum Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Propane, Cable Available, Elect Separate Meter, Water Separate Meter, Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE 11
  • Parcel Number: 00369130-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,191 $434,911 $300,000 $134,911
2023 $5,191 $487,096 $360,000 $127,096
2022 $4,750 $391,500 $264,375 $127,125
2021 $1,812 $119,698 $0 $0
2020 $1,781 $118,046 $0 $0
2019 $1,751 $115,392 $0 $0
2018 $1,700 $113,241 $0 $0
2017 $1,671 $110,912 $0 $0
2016 $1,671 $108,631 $0 $0
2015 $1,681 $107,876 $0 $0
2014 $1,690 $107,020 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Price Changed $525,000 -3.7% $608 / Sq Ft
05/12/2025 05/12/25 Price Changed $545,000 -9.0% $631 / Sq Ft
03/18/2025 03/18/25 Price Changed $599,000 -4.2% $693 / Sq Ft
02/12/2025 02/12/25 For Sale $625,000 +19.0% $723 / Sq Ft
02/09/2022 02/09/22 Sold $525,000 -2.8% $608 / Sq Ft
11/17/2021 11/17/21 For Sale $540,000 -- $625 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $525,000 Wolfe Stevens Pllc
Warranty Deed $85,000 --
Warranty Deed $27,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $515,490 FHA
Previous Owner $100,000 Commercial
Previous Owner $89,000 New Conventional
Previous Owner $54,000 Credit Line Revolving
Previous Owner $72,000 New Conventional
Closed $10,000 No Value Available
Source: Public Records

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 613662

APN: 00369130-000000