NOT LISTED FOR SALE

550 83rd St Marathon, FL 33050

Estimated Value: $721,936 - $874,000

3 Beds
2 Baths
1,078 Sq Ft
$724/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $670,000 $622 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,790/month

8 Days on Market

Highlights

  • Above Ground Pool
  • Furnished
  • Workshop
  • Coral Shores High School Rated A
  • No HOA
  • 3-minute walk to Indian Key Historic State Park

About This Home

As of March 2023

Ready to start the next chapter of home ownership? Here's your chance! Act now and purchase the LOWEST PRICED STILTED Single Family Home in Marathon. 7 night VACATION RENTAL minimum. 3 bedrooms, 2 full bathrooms. This fully furnished house contains over $25,000 in brand new furniture paired with beautifully decorated rooms! Enjoy a cup of coffee on your BALCONY in this quiet neighborhood. Interior Washer and Dryer included. Tile floors! 2018 METAL ROOF and SIDING. Covered parking. Large yard with a brand new above ground POOL! Very spacious downstairs storage/workshop. Plenty of parking! Backyard shed with EXTRA storage for even more tools and toys! Don't miss out on this home! Survey, Elevation Certificate, and Insurances information available.Seller is VERY motivated!!

Last Agent to Sell the Property

Milly Cruz

Engel & Volkers Marathon License #BK3520793 Listed on: 02/01/2023

Engel & Volkers Marathon

Last Buyer's Agent

Stephany Duvall

Engel & Volkers Marathon License #3608780

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $4,163

Year Built

  • Built in 2005

Lot Details

  • 5,000 Sq Ft Lot
  • Privacy Fence
  • Fenced

Home Design

  • Metal Roof

Interior Spaces

  • 1,078 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Workshop
  • Storage
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • <<OvenToken>>
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Carport

Pool

  • Above Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Shed

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00347620-000000

Community Details

Overview

  • No Home Owners Association
  • Lida Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$4,163

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 5
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Airport - Ocean (72nd to 106th)
  • Mile Marker: 51.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 4162.69
  • Vehicle Storage: Carport, Covered Parking, Attached
  • Vehicle Storage Cars: 4+
  • Year Built: 2005
  • Alternate Key Number: 1425419
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5000.00
  • Pool Info: Above Ground
  • Porch Balcony: Open Porch/Balcony, Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1078.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Built-in Cabinets, Storage, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: More Appliances, Stainless Steel Appliance(s), Freezer, Disposal, Oven, Refrigerator, Dishwasher, Dryer, Washer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Workshop
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Modular
  • Exterior Features: Fencing, Storage, Shed, Privacy Wall/Fence, Outdoor Shower, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Cable Available, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00347620-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished, Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Mar 24, 2023
Sold by
Pitts Maurice Dean
Bought by
Borup John and Borup Katelyn
Seller's Agent
Milly Cruz
Engel & Volkers Marathon
Buyer's Agent
Stephany Duvall
Engel & Volkers Marathon
List Price
$685,000
Sold Price
$670,000
Premium/Discount to List
-$15,000
-2.19%
Views
35
Current Estimated Value
$780,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,984
Avg. Annual Appreciation
6.01%
Original Mortgage
$569,500
Outstanding Balance
$555,393
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$211,819

Purchase Details

Closed on
May 19, 2022
Sold by
Ewers Mark S
Bought by
Pitts Maurice Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2018
Sold by
Blatt Stephen C and Mackova Dana
Bought by
Ewers Mark S

Purchase Details

Closed on
Jun 4, 2004
Sold by
Bruno Mark F
Bought by
Blatt Stephen C and Mcdaniel Kim L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 1996
Sold by
Bullock Wilbur M
Bought by
Bruno Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1970
Bought by
Blatt Stephen C
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
Borup John $670,000 --
Pitts Maurice Dean $670,000 Christopher B Waldera Pa
Ewers Mark S $375,000 None Listed On Document
Blatt Stephen C $140,000 Crest Title Company
Bruno Mark $26,000 --
Blatt Stephen C $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borup John $569,500
Previous Owner Pitts Maurice Dean $528,000
Previous Owner Blatt Stephen C $100,000
Previous Owner Blatt Stephen C $65,000
Previous Owner Blatt Stephen C $80,000
Previous Owner Bruno Mark $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $670,000 -2.2% $622 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $685,000 -- $635 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

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 $5,575 $515,677 $219,700 $295,977
2023 $5,575 $486,554 $221,000 $265,554
2022 $4,163 $366,567 $175,500 $191,067
2021 $3,843 $283,247 $115,700 $167,547
2020 $3,866 $290,702 $115,700 $175,002
2019 $3,757 $279,634 $102,700 $176,934
2018 $2,358 $188,267 $0 $0
2017 $2,316 $184,395 $0 $0
2016 $2,323 $180,603 $0 $0
2015 $2,325 $179,348 $0 $0
2014 $2,346 $177,925 $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: 604101

APN: 00347620-000000