NOT LISTED FOR SALE

57968 Overseas Hwy Grassy Key, FL 33050

Estimated Value: $2,026,000 - $2,465,000

5 Beds
4 Baths
2,352 Sq Ft
$973/Sq Ft Est. Value

Last Sold August 18, 2015

Last sale price $935,000 $398 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $12,647/month

261 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Detached Guest House
  • Coral Shores High School Rated A
  • Dock made with concrete
  • 1-minute walk to Curry Hammock State Park

About This Home

As of August 2015

PICTURE THIS - Oceanfront, Private Sandy Beach, and a Pool. Unique Property - located close to shopping, theater, schools, and restaurants is this perfect private residence with additional quarters. This property would be perfect for hosting corporate events. Property is currently in a vacation rental program. Property has 3 vacation rental licenses through the city of Marathon.

Last Agent to Sell the Property

Laura Goodman

Florida Keys Real Estate Group License #3233427 Listed on: 11/10/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,025

Year Built

  • Built in 1963

Lot Details

  • 0.71 Acre Lot
  • Ocean Front
  • Sandy Beach
  • Privacy Fence
  • Fenced

Home Design

  • Concrete Roof

Interior Spaces

  • 2,352 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Workshop
  • Storage
  • Utility Room
  • Tile Flooring
  • Ocean Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Dock made with concrete
  • Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Detached Guest House
  • Ground Level

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00373660-000000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Grassy Key Subdivision

Recreation

  • Beach

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,025

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 2
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Mile Marker: 58.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 10025.30
  • Vehicle Storage: Covered Parking, Off Street Parking, Trailer Storage, Garage, Detached
  • Year Built: 1963
  • Alternate Key Number: 1456748
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 31117.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 2352.00
  • Pre Wired: Cable
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Other, Storage
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Microwave, Oven, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Utility Room, Workshop
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 5
  • Sq Ft Remarks: Square footage includes two separate buildings and 3 total units.

Exterior Features

  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Detached Guest Qtrs, Sandy Beach, Storage, Privacy Wall/Fence, Fencing
  • Roof: Concrete Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00373660-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.71

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2013

Multi Family

  • Total Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2014
Closed on
Aug 18, 2015
Sold by
Diaco Farmers Group Llc
Bought by
Gaytan Antonio
Seller's Agent
Laura Goodman
Florida Keys Real Estate Group
Buyer's Agent
Ocean Sotheby's International Realty
List Price
$970,000
Sold Price
$935,000
Premium/Discount to List
-$35,000
-3.61%
Current Estimated Value
$2,288,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,353,176
Avg. Annual Appreciation
9.16%

Purchase Details

Closed on
Mar 28, 2003
Sold by
Pilger William D and Pilger Leticia
Bought by
Diaco Farmers Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1998
Sold by
Fourdrinier Sylvia
Bought by
Pilger William D and Pilger Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.9%
Mortgage Type
New Conventional
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
Gaytan Antonio $935,000 Attorney
Diaco Farmers Group Llc $900,000 --
Pilger William D $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaco Farmers Group Llc $675,000
Previous Owner Pilger William D $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2015 08/18/15 Sold $935,000 -3.6% $398 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
11/10/2014 11/10/14 For Sale $970,000 -- $412 / Sq Ft
Source: Florida Keys Board 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 $7,755 $709,651 -- --
2023 $7,755 $688,982 $0 $0
2022 $7,523 $668,915 $0 $0
2021 $7,615 $649,433 $0 $0
2020 $7,198 $616,443 $0 $0
2019 $7,149 $611,201 $0 $0
2018 $8,518 $695,258 $0 $0
2017 $8,761 $725,778 $0 $0
2016 $8,627 $686,426 $0 $0
2015 $8,985 $727,231 $0 $0
2014 $9,111 $720,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 565774

Florida Keys Board of REALTORS®

APN: 00373660-000000