NOT LISTED FOR SALE

498 88th Street Ocean Marathon, FL 33050

Marathon Area

Estimated Value: $560,000 - $747,000

1 Bed
1 Bath
582 Sq Ft
$1,122/Sq Ft Est. Value

Sale Details

Date Sold: August 14, 2018

Last sale price $295,000 $507 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $4,040 / mo

39 Days on Market

Highlights

  • Ocean View
  • Dock made with concrete
  • No HOA
  • Coral Shores High School Rated A
  • Home fronts a canal
  • Jalousie or louvered window

About This Home

As of August 2018

Most affordable waterfront in Marathon, Waterfront half duplex completely remodeled. 37.5 feet of seawall, 3 homes in from open water, only 1 minute till you can open your boat to full throttle, Centrally located in Marathon, Weekly rentals allowed, Other half for sale also ,No HOA fees, room for pool, concrete structure,this unit is south side unit closest to ocean, turn key, easy to show call for appointment

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 05/03/2018

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 05/03/2018

Coldwell Banker Schmitt Real Estate Co.

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,768

Year Built

  • Built in 1957

Lot Details

  • 3,637 Sq Ft Lot
  • Home fronts a canal

Property Views

  • Ocean
  • Canal

Home Design

  • Half Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 582 Sq Ft Home
  • Ceiling Fan
  • Jalousie or louvered window
  • Tile Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

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

Outdoor Features

  • Dock made with concrete
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7

Community Details

Overview

  • No Home Owners Association
  • Gulfstream Shore Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,768

Year Built

Built in 1957

Lot Details

3,637 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Airport - Ocean (72nd to 106th)
  • Mile Marker: 52.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2768.21
  • Title: Title Ins - Buyer
  • Vehicle Storage: Guest Parking, Off Street Parking, Trailer Storage, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1957
  • Alternate Key Number: 1427276
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 3637.00
  • Porch Balcony: Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 582.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Oven, Refrigerator, Range
  • Floor: Tile
  • Windows/Doors: Jalousie Windows
  • Total Bedrooms: 1

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Tar/Gravel Roof
  • Waterview: Canal View, Ocean View, Open Water View
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE 8
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Aug 14, 2018
Sold by
Bought by
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
List Price
$319,000
Sold Price
$295,000
Premium/Discount to List
-$24,000
-7.52%
Current Estimated Value
$652,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,972
Avg. Annual Appreciation
10.48%
Original Mortgage
$261,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 24, 2008
Sold by
Bought by

Purchase Details

Closed on
Nov 14, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1982
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Marathon, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$295,000 None Listed On Document
$315,000 Attorney
$312,000 Attorney
$135,000 None Available
$135,000 None Available
$537,500 --
$80,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $265,000
Closed $261,000
Closed $261,000
Previous Owner $300,000
Previous Owner $430,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2018 08/14/18 Sold $295,000 -7.5% $507 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $319,000 -- $548 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,411 $641,682 $476,118 $165,564
2024 $5,194 $681,001 $527,983 $153,018
2023 $5,194 $673,274 $518,648 $154,626
2022 $4,845 $481,716 $377,575 $104,141
2021 $4,155 $272,843 $181,527 $91,316
2020 $4,139 $276,078 $181,527 $94,551
2019 $3,924 $254,195 $174,266 $79,929
2018 $3,625 $232,908 $155,594 $77,314
2017 $4,583 $293,982 $0 $0
2016 $4,434 $269,216 $0 $0
2015 $4,547 $311,614 $0 $0
2014 $4,195 $235,609 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 580016

Florida Keys Board of REALTORS®

APN: 00349510-000000

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