Seller's Agent in 2022
Mallory Pinto
Keys Ocean Realty Inc.
(813) 846-6759
19 in this area
24 Total Sales
500 22nd St Marathon, FL 33050
Estimated Value: $1,198,000 - $1,443,000
8
Beds
4
Baths
2,780
Sq Ft
$468/Sq Ft
Est. Value
Highlights
- No HOA
- Tile Flooring
- Utility Room
- Coral Shores High School Rated A
- Ceiling Fan
About This Home
As of May 2022Fantastic opportunity for an investor or local business for employee housing! This two story, four unit apartment building is a rarity in Marathon. Offering apartments that are all two bedroom, one bathroom units. They are all currently rented with long-term tenants in place; current rents range from $1,715 - $2,000 per unit. The current market rate rent on these units should be $2,400 + monthly. Separately metered electric for each unit, which tenants pay. There is plenty of parking on-site and a laundry room out back (owner pays utilities for laundry room). If you own a local business and worry about employee retention due to housing, this may be the investment you need to make to secure your longevity.
Last Agent to Sell the Property
Keys Ocean Realty Inc. License #BK3373799 Listed on: 01/12/2022
Last Buyer's Agent
David Grego
Island Breeze Realty Branch Office License #BK3107004
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,040
Year Built
- Built in 1973
Lot Details
- 6,002 Sq Ft Lot
Parking
- Off-Street Parking
Home Design
- Pre-Cast Concrete Construction
Interior Spaces
- 2,780 Sq Ft Home
- Ceiling Fan
- Utility Room
- Tile Flooring
- Monitored
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Cooling System Mounted To A Wall/Window
- Separate Meters
- Public Hookup Available For Sewer
- Cable TV Available
Listing and Financial Details
- Minimum Rental Period: 7
- Assessor Parcel Number 00102830-000100
Community Details
Overview
- No Home Owners Association
- 4 Units
- R & R Subdivision
Pet Policy
- Pets Allowed
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
Closed on
Jun 4, 2025
Sold by
Bought by
Current Estimated Value
Purchase Details
Closed on
Jun 3, 2025
Sold by
Bought by
Purchase Details
Listed on
Jan 12, 2022
Closed on
May 17, 2022
Sold by
Bought by
Seller's Agent
Mallory Pinto
Keys Ocean Realty Inc.
Buyer's Agent
David Grego
Island Breeze Realty Branch Office
List Price
$1,295,000
Sold Price
$1,250,000
Premium/Discount to List
-$45,000
-3.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.96%
Purchase Details
Closed on
Oct 14, 2011
Sold by
Bought by
Purchase Details
Closed on
Oct 9, 2003
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
$400,000
Interest Rate
5.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 16, 2000
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
$190,000
Interest Rate
8.63%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 6, 2000
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
$190,000
Interest Rate
8.63%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 1, 1990
Bought by
Purchase Details
Closed on
Apr 1, 1988
Bought by
Purchase Details
Closed on
Oct 1, 1983
Bought by
Purchase Details
Closed on
Feb 1, 1975
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| $1,250,000 | Cunningham Miller Rhyne Pa | ||
| $289,000 | Attorney | ||
| $500,000 | -- | ||
| $175,000 | -- | ||
| $235,000 | -- | ||
| $173,000 | -- | ||
| $135,000 | -- | ||
| $108,000 | -- | ||
| $67,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | $400,000 | ||
| Previous Owner | $350,000 | ||
| Previous Owner | $190,000 |
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 |
|---|---|---|---|---|
| 05/17/2022 05/17/22 | Sold | $1,250,000 | -3.5% | $450 / Sq Ft |
| 01/12/2022 01/12/22 | For Sale | $1,295,000 | -- | $466 / Sq Ft |
Source: Marathon and Lower Keys Association 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 | $7,700 | $581,523 | $181,485 | $400,038 |
| 2024 | $8,429 | $607,128 | $206,692 | $400,436 |
| 2023 | $8,429 | $663,346 | $252,063 | $411,283 |
| 2022 | $6,698 | $576,891 | $160,060 | $416,831 |
| 2021 | $6,040 | $419,334 | $108,387 | $310,947 |
| 2020 | $5,744 | $397,989 | $86,962 | $311,027 |
| 2019 | $5,745 | $399,613 | $79,970 | $319,643 |
| 2018 | $5,630 | $406,082 | $79,970 | $326,112 |
| 2017 | $5,488 | $403,224 | $0 | $0 |
| 2016 | $5,240 | $360,237 | $0 | $0 |
| 2015 | $4,959 | $320,522 | $0 | $0 |
| 2014 | $4,986 | $323,328 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mallory Pinto
-
D
Buyer's Agent in 2022
David Grego
Island Breeze Realty Branch Office
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 599200
APN: 00102830-000100
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