NOT LISTED FOR SALE

41 Treasure Rd Marathon, FL 33050

Estimated Value: $2,748,866 - $3,054,000

5 Beds
4 Baths
2,800 Sq Ft
$1,055/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $2,800,000 $1,000 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $17,259/month

5 Days on Market

Highlights

  • Airstrip
  • Ocean Front
  • Beach
  • Coral Shores High School Rated A
  • Boat Ramp
  • Dock made with wood

About This Home

As of October 2023

Brand-new home with an ETA for completion of 10-15-23. Located in the sought after sub-division of Sombrero Beach this open space floor plan meets Keysey exceptional comfort with a grand location. Over 6k sf under roof This remarkable property boasts 5 bedrooms and 4 bathrooms, offering plenty of space for relaxation and entertaining. The property is a concrete construction, exemplifying everything you would want out of new construction. The back porch is an expansive haven, adding an approx 741 sqft of covered porch space. Enjoy the outdoors rain or shine, all under the stunning standing seam metal roof. Furniture and dock pictures are renderings and not actual pictures. The impact windows ensure safety and peace of mind, and the house is built on POURED concrete columns making for a solid foundation. Security is paramount and this property includes cameras for added peace of mind. As you step inside, you'll be greeted by 12 ft ceilings in the main living area and 10 ft ceilings in the bedrooms. 2 master bedrooms provide access to the covered porch, and each have their own bath. The open floor plan combines living, kitchen, and dining all in 1 space. The 72-foot dock and rip rap shoreline offer quick access to the open water where you can embark on thrilling aquatic adventures. And with the beach within walking distance, you can indulge in beach bliss anytime you desire. The heated pool and hot tub provide a tranquil oasis for unwinding and enjoying the Florida sunshine. Covered parking provides convenience and protection for your vehicles and no neighbors across the canal provides a sense of privacy in the backyard. The location is perfect and makes this everything you would come to the Keys for.The pool is finished and just needs some final touches and the buyer will have the finished product. Dock to be completed upon permit approval and quote amount can be held back in escrow or just close upon completion.

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 07/16/2023

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 07/16/2023

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,872

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,679 Sq Ft Lot
  • Ocean Front
  • Home fronts a canal
  • Property is zoned RM - Residential Medium

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,800 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Tile Flooring
  • Canal Views
  • Impact Glass

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Carport
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Airstrip
  • Rip-Rap
  • Dock made with wood
  • Deck

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00105210-001000

Community Details

Overview

  • No Home Owners Association
  • Treasure Island Subdivision

Recreation

  • Boat Ramp
  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,872

Year Built

Built in 2023 | New Construction

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
  • Dockage Dock: Wood
  • Dockage Seawall: Rip Rap
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Sombrero
  • Mile Marker: 50.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Bike Paths, Airstrip, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3872.27
  • Vehicle Storage: Carport, Trailer Storage, Covered Parking, Off Street Parking, Guest Parking, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2023
  • Alternate Key Number: 9104556
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 9679.00
  • Porch Balcony: Deck
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2800.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator
  • Floor: Tile
  • Windows/Doors: Single Hung Windows, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 5

Exterior Features

  • Waterfront: Oceanfront, Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Roof: Metal Roof
  • Waterview: Canal View, Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE-10
  • Parcel Number: 00105210-001000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
Tower Equities Re Inc
Bought by
Richard J Schecher Living Trust and Schecher
Current Estimated Value
$2,953,217

Purchase Details

Listed on
Jul 16, 2023
Closed on
Oct 13, 2023
Sold by
Treasure 41 Holdings Llc
Bought by
Tower Equities Re Inc
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
List Price
$2,999,000
Sold Price
$2,800,000
Premium/Discount to List
-$199,000
-6.64%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%

Purchase Details

Listed on
May 27, 2021
Closed on
Dec 2, 2021
Sold by
Barone Gaetano
Bought by
Treasure 41 Holdings Llc
Seller's Agent
Ashkarian Ardis Team
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
List Price
$725,000
Sold Price
$625,000
Premium/Discount to List
-$100,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
123.95%

Purchase Details

Listed on
Mar 3, 2021
Closed on
Mar 30, 2021
Sold by
Brossard Thomas and Brossard Michele
Bought by
Barone Gaetano
Seller's Agent
outside of mls
Outside Of MLS
Buyer's Agent
Ashkarian Ardis Team
Coldwell Banker Schmitt Real Estate Co.
List Price
$525,000
Sold Price
$560,000
Premium/Discount to List
$35,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.53%

Purchase Details

Closed on
Nov 20, 2020
Sold by
Tri Star Afforddable Development Llc
Bought by
Brossard Thomas and Brossard Michele
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
Richard J Schecher Living Trust -- None Listed On Document
Tower Equities Re Inc $2,800,000 None Listed On Document
Treasure 41 Holdings Llc $625,000 Attorney
Barone Gaetano $560,000 Attorney
Brossard Thomas $55,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2023 10/13/23 Sold $2,800,000 -6.6% $1,000 / Sq Ft
07/16/2023 07/16/23 For Sale $2,999,000 +379.8% $1,071 / Sq Ft
12/02/2021 12/02/21 Sold $625,000 -7.4% -- View Prior Sale
07/14/2021 07/14/21 Price Changed $675,000 -6.9% --
05/27/2021 05/27/21 For Sale $725,000 +29.5% --
03/30/2021 03/30/21 Sold $560,000 +6.7% -- View Prior Sale
03/06/2021 03/06/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $525,000 -- --
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 $21,437 $2,355,968 $1,066,239 $1,289,729
2024 $2,995 $2,321,767 $1,035,653 $1,286,114
2023 $2,995 $311,603 $311,603 $0
2022 $3,872 $399,585 $399,585 $0
2021 $2,100 $262,113 $262,113 $0
2020 $1,499 $153,969 $153,969 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 606002

APN: 00105210-001000