NOT LISTED FOR SALE

542 Sombrero Beach Rd Marathon, FL 33050

Estimated Value: $2,487,000 - $5,010,000

0.21 Acres
$18,774,204 Price per Acre
9,315 Sq Ft Lot

Sale Details

Date Sold: June 26, 2014

Last sale price $160,000

Est. 2,409% increase in value since last sale

Current estimated payment $23,431 / mo

229 Days on Market

Highlights

  • Beach
  • Home fronts a canal
  • Corner Lot
  • Coral Shores High School Rated A

About This Lot

As of June 2014

Canal front with quick access to the Atlantic Ocean. Build a stilted home and have Ocean views on 150'+/- wide canal; walk to Sombrero Beach. Permit is available; Army Corp. approval for Pier Const. & Mitigation Fee paid. Survey and Plan View for Proposed T-Dock and walkway in docs. Possible owner financing. Great neighborhood.

Last Agent to Sell the Property

David Grego

Island Breeze Realty, LLC License #3107004 Listed on: 10/14/2013

Last Buyer's Agent

Laura Hutt

Exit Realty Florida Keys MTH

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $716

Lot Details

  • 9,315 Sq Ft Lot
  • Lot Dimensions are 89' x 89' x 99' x 119'
  • Home fronts a canal
  • Corner Lot
  • Cleared Lot
  • Property is zoned RM - Residential Medium

Property Views

  • Canal Views

Listing and Financial Details

  • Assessor Parcel Number 00354950-000000

Community Details

Overview

  • Sombrero Bch Village Subdivision

Recreation

  • Beach

Property Details

Property Type

Land

Est. Annual Taxes

$716

Lot Details

9,315 Sq Ft Lot

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Mile Marker: 49.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 715.52
  • Title: Negotiable
  • Alternate Key Number: 1432679
  • Dockage Dock Permit: Yes
  • Lot Sq Ft: 9315.00
  • Species List: No
  • Mandatory HOA: No
  • Location Site: Paved Street, Cleared Site, Corner Lot, Water Frontage
  • Lot Dimensions: 89' x 89' x 99' x 119'
  • Miscellaneous Info Mobile Home Lot: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Vegetation Survey: Yes
  • Water Main Inquiry File: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Waterview: Canal View, Open Water View

Utilities

  • Security: Patrolled Area

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00354950-000000
  • Land Size: Less Than 1/4 Acre
  • Building Permit: Applied For Permit
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2013

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
Nov 4, 2020
Sold by
Bought by
Current Estimated Value
$4,014,732

Purchase Details

Listed on
Oct 14, 2013
Closed on
Jun 24, 2014
Sold by
Bought by
Seller's Agent
David Grego
Island Breeze Realty, LLC
Buyer's Agent
Laura Hutt
Exit Realty Florida Keys MTH
List Price
$187,000
Sold Price
$160,000
Premium/Discount to List
-$27,000
-14.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.98%

Purchase Details

Closed on
May 16, 2002
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 1995
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 1995
Bought by

Purchase Details

Closed on
Mar 1, 1989
Bought by

Purchase Details

Closed on
Feb 1, 1969
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$330,000 Attorney
$160,000 All Keys Title & Notary Serv
$65,000 --
$54,000 --
$54,000 --
$48,000 --
$4,400 --
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
06/26/2014 06/26/14 Sold $160,000 -14.4% --
05/31/2014 05/31/14 Pending -- -- --
10/14/2013 10/14/13 For Sale $187,000 -- --
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 $21,466 $2,659,923 $1,016,080 $1,643,843
2024 $4,775 $2,653,587 $1,006,672 $1,646,915
2023 $4,775 $399,846 $399,846 $0
2022 $4,525 $512,744 $512,744 $0
2021 $3,955 $336,341 $336,341 $0
2020 $3,275 $336,341 $336,341 $0
2019 $2,855 $251,668 $251,668 $0
2018 $2,660 $251,668 $251,668 $0
2017 $2,311 $178,755 $0 $0
2016 $2,374 $179,498 $0 $0
2015 $2,390 $181,932 $0 $0
2014 $1,517 $136,999 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Grego

    Seller's Agent in 2014

    David Grego

    Island Breeze Realty, LLC

    (305) 481-1296

    93 in this area

    141 Total Sales

    David Grego
    Section Image

  • L

    Buyer's Agent in 2014

    Laura Hutt

    Exit Realty Florida Keys MTH

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 562277

Florida Keys Board of REALTORS®

APN: 00354950-000000

Florida Monroe County Marathon 33050

542 Sombrero Beach Rd, Marathon, FL

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.

Florida Keys Board of REALTORS® 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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