NOT LISTED FOR SALE

540 11th St Marathon, FL 33050

Estimated Value: $826,571 - $910,000

2 Beds
2 Baths
1,061 Sq Ft
$820/Sq Ft Est. Value

Sale Details

Date Sold: April 16, 2024

Last sale price $875,000 $825 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,130 / mo

34 Days on Market

Highlights

  • Airstrip
  • Beach
  • Sun or Florida Room
  • Coral Shores High School Rated A
  • Home fronts a canal
  • Granite Countertops

About This Home

As of April 2024

Welcome to your slice of paradise in Key Colony Beach! This immaculate east facing half-duplex offers the perfect blend of waterfront living and modern comfort. Boasting a larger 1,061 sq ft floorplan, this 2-bedroom, 2-bath gem is a testament to meticulous care and attention to detail, as it has been cherished by the same owner for an impressive 25 years. As you step inside, you'll be greeted by a spacious and thoughtfully designed layout, showcasing a complete down-to-the studs rehab in 2018. Every inch of this residence has been tastefully upgraded, creating a contemporary haven with a touch of coastal charm. The heart of the home is the fully-equipped kitchen, featuring a large island, granite countertops, custom built solid wood cabinets, and a convenient layout for both casual meals and entertaining. Step outside to discover your own private oasis, with 37.5 of dockage. This property offers quick access to the Atlantic Ocean or Gulf of Mexico via Vaca Cut, conveniently located at the end of the canal. The pride of ownership is evident in every corner of this residence. The current owner has maintained the property to the highest standards, with meticulous record-keeping of all improvements. From the beautifully landscaped grounds to carefully selected finishes, no detail has been overlooked. Additionally, enjoy the luxury of a 3-season room overlooking the waterway, offering an added 310 sq ft of living space. This versatile area provides the perfect setting to unwind, entertain, or simply bask in the beauty of your surroundings. With Key Colony at your doorstep, you'll have access to a vibrant walkable and bikeable community. This is a rare opportunity to own a piece of paradise with a rich history of care and investment. Don't miss your chance to experience the best of island living.

Last Agent to Sell the Property

Tracy Chacksfield

Berkshire Hathaway HomeServices Keys Real Estate License #SL3510758 Listed on: 02/23/2024

Berkshire Hathaway HomeServices Keys Real Estate

Co-Listed By

Karen Raspe, PA

Ocean Sotheby's International Relaty License #3226605

Last Buyer's Agent

Tracy Chacksfield

Berkshire Hathaway HomeServices Keys Real Estate License #SL3510758 Listed on: 02/23/2024

Berkshire Hathaway HomeServices Keys Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,840

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 4,125 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Half Duplex
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 1,061 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Window Treatments
  • Sun or Florida Room
  • Storage
  • Utility Room
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Range
  • Microwave
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Airstrip
  • Seawall
  • Rain Gutters

Location

  • Ground Level

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00076650-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Subdivision

Recreation

  • Beach
  • Bike Trail

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,840

Year Built

Built in 1971 | Remodeled

Lot Details

4,125 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 Seawall: Concrete
  • Fee Includes: None
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Bike Paths, Airstrip
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5839.74
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking, Guest Parking
  • Year Built: 1971
  • Alternate Key Number: 1082392
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 4125.00
  • Porch Balcony: Windowed P/B
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1061.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Split Bedroom, Granite Counter Top, Window Treatments, Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dryer
  • Floor: Tile
  • Specialty Rooms: Sun/Florida Room, Utility Room
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Stucco
  • Exterior Features: Rain Gutters
  • Roof: Tar/Gravel Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Elect Separate Meter, Cable Available, Buyer to Verify, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00076650-000000
  • Lot Size: 37.5 x 110
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Partially, Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Apr 16, 2024
Sold by
Popov-Wendler Susan and Susan Popov-Wendler Revocable Trust
Bought by
Hill Christopher E and Hill Heather A
Seller's Agent
Tracy Chacksfield
Berkshire Hathaway HomeServices Keys Real Estate
Buyer's Agent
Tracy Chacksfield
Berkshire Hathaway HomeServices Keys Real Estate
List Price
$875,000
Sold Price
$875,000
Views
27
Current Estimated Value
$869,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,107
Avg. Annual Appreciation
-0.29%
Original Mortgage
$612,500
Outstanding Balance
$601,937
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$267,956

Purchase Details

Closed on
Jun 23, 1999
Sold by
Cropper Cropper E and Cropper Darleen
Bought by
Popov Donna P and Wendler Susan P

Purchase Details

Closed on
May 1, 1993
Bought by
Popov Donna

Purchase Details

Closed on
Feb 1, 1990
Bought by
Popov Donna

Purchase Details

Closed on
Feb 1, 1971
Bought by
Popov Donna
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
Hill Christopher E $875,000 None Listed On Document
Popov Donna P $200,000 --
Popov Donna $125,000 --
Popov Donna $142,500 --
Popov Donna $2,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Christopher E $612,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2024 04/16/24 Sold $875,000 0.0% $825 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $875,000 -- $825 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

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 $6,221 $731,592 $486,750 $244,842
2024 $5,840 $664,274 $478,500 $185,774
2023 $5,840 $658,853 $474,375 $184,478
2022 $5,200 $559,069 $379,500 $179,569
2021 $4,665 $418,975 $260,906 $158,069
2020 $4,006 $407,648 $247,500 $160,148
2019 $4,604 $428,339 $247,500 $180,839
2018 $4,126 $395,053 $247,500 $147,553
2017 $4,318 $431,357 $0 $0
2016 $4,234 $424,127 $0 $0
2015 $3,842 $367,295 $0 $0
2014 $3,654 $344,291 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 608861

APN: 00076650-000000

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