NOT LISTED FOR SALE

506 74th Street Ocean Unit 3 Marathon, FL 33050

Estimated Value: $720,000 - $852,000

3 Beds
2.5 Baths
1,504 Sq Ft
$99/mo HOA Fee

Last Sold April 13, 2022

Last sale price $777,777 $517 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,016/month

63 Days on Market

Highlights

  • Wood Flooring
  • Cooking Island
  • Central Heating and Cooling System
  • Coral Shores High School Rated A
  • Patio
  • 2-minute walk to Rotary Children's Park

About This Home

As of April 2022

PROPERTY IS DETACHED CONDOMINIUM WITH CBS CONSTRUCTION NEW METAL ROOF IMPACT WINDOWS, PRIVATE POOL AND PRIVATE YARD. YOU CAN ENJOY YOUR BREAKFAST OF THE SECOND FLOOR, PATIO OR RELAX ON OFF THE PRINCIPAL BEDROOM OVER LOOKING THE POOL. REGISTERED ON VRBO APROX RENT $ 350 A NIGHT. PROPERTY IS REGISTERED WITH MARATHON VACATION RENTAL LICENSE AND MONROE BUSINESS TAX. BILLIARD TABLE UNDER COVER PORCH ROOM TO BARBAQUE OUTSIDE SHOWER. OPEN REMODELED KITCHEN, DINING AND LIVING SPACE WITH HALF BATH. NO CARPET. JACUZZI TAB IN PRINCIPAL BATHROOM. YARD HAS ROOM FOR BOAT

Last Agent to Sell the Property

Viviana San-Martin

The Keyes Company License #3154033 Listed on: 02/08/2022

The Keyes Company

Co-Listed By

Lisa Tkach

The Keyes Company License #3248172

Last Buyer's Agent

Clara Hernandez

Dora & Assoc R.E. LLC License #3375127

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,964

Year Built

  • Built in 2005

Lot Details

  • 10,672

HOA Fees

  • $99 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Open Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,504 Sq Ft Home
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00342541-000300

Community Details

Overview

  • Club Membership Required
  • Low-Rise Condominium
  • Hibiscus Court Condominiu Condos
  • Hibiscus Court Condominiu Subdivision

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,964

Year Built

Built in 2005

Lot Details

0

HOA Fees

$99 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Co List Office Mls Id: KEYE42
  • Co List Office Phone: 305-232-2330
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: HIBISCUS COURT CONDOMINIU
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Cooking Island
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1504
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Master Bath Shower, None, Other

Exterior Features

  • View: None
  • Exterior Features: None, Other
  • Construction Type: CBS Construction
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HIBISCUS COURT CONDOMINIU
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: 2 Or More Spaces, Open

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Other

Condo/Co-op/Association

  • Association Fee: 99
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 00342541-000300
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 99

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3964

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Apr 11, 2022
Sold by
Pedraza Jorge L
Bought by
Mesa Freddy and Delgado Anthony
Seller's Agent
Viviana San-Martin
The Keyes Company
Buyer's Agent
Clara Hernandez
Dora & Assoc R.E. LLC
List Price
$740,000
Sold Price
$777,777
Premium/Discount to List
$37,777
5.1%
Current Estimated Value
$791,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,683
Avg. Annual Appreciation
1.39%
Original Mortgage
$583,333
Outstanding Balance
$554,854
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$259,403

Purchase Details

Closed on
Apr 11, 2013
Sold by
Security Search Of Florida Inc
Bought by
Pedraza Jorge L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 30, 2009
Sold by
Key Colony Partnership Ii
Bought by
Security Search Of Florida Inc
Source: Public Records

Range of Values:

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Average Value
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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
Mesa Freddy $777,000 New Title Company Name
Pedraza Jorge L $230,000 Attorney
Security Search Of Florida Inc $250,000 Southernmost Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mesa Freddy $583,333
Previous Owner Pedraza Jorge L $170,000
Previous Owner Key Colony Partnership Ii $940,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $777,777 +5.1% $517 / Sq Ft
02/08/2022 02/08/22 For Sale $740,000 -- $492 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2024 $6,551 $647,424 -- $647,424
2023 $6,551 $647,424 $0 $647,424
2022 $4,252 $416,117 $0 $416,117
2021 $3,964 $346,930 $0 $346,930
2020 $3,906 $346,930 $0 $346,930
2019 $3,833 $339,579 $0 $339,579
2018 $3,704 $339,579 $0 $0
2017 $1,999 $199,605 $0 $0
2016 $2,008 $195,500 $0 $0
2015 $2,022 $195,500 $0 $0
2014 $2,062 $195,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Viviana San-Martin

    Seller's Agent in 2022

    Viviana San-Martin

    The Keyes Company

    38 Total Sales

    Section Image
  • Lisa Tkach

    Seller Co-Listing Agent in 2022

    Lisa Tkach

    The Keyes Company

    (786) 295-5723

    12 Total Sales

    Section Image

  • C

    Buyer's Agent in 2022

    Clara Hernandez

    Dora & Assoc R.E. LLC

    (305) 992-1949

    6 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11157851

MIAMI REALTORS® MLS

APN: 00342541-000300

Florida Monroe County Marathon 33050

506 74th Street Ocean Unit 3, Marathon, FL

This home is located at 506 74th Street Ocean Unit 3, Marathon, FL 33050 since 08 February 2022 and is currently estimated at $791,460, approximately $526 per square foot. This property was built in 2005. 506 74th Street Ocean Unit 3 is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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