NOT LISTED FOR SALE

58009 Morton St Marathon, FL 33050

Estimated Value: $2,991,000 - $3,636,000

5 Beds
3 Baths
2,800 Sq Ft
$1,197/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $2,000,000 $714 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $19,312/month

79 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Property fronts gulf or ocean
  • Coral Shores High School Rated A
  • Beach
  • Boat Lift

About This Home

As of September 2020

Incredibly expansive and stunning views is what you will find at ''The Gulf House''. Looking for paradise? Looking to escape? Then here is your opportunity to own your very own secluded tropical oasis! This property features 5 bedrooms and 3 full baths, with granite throughout. You may also notice the 42'' kitchen cabinets, outdoor kitchen, open vaulted ceilings in the great room overlooking not only your beautiful pool but the intimate gardens, lush landscaping and 185' of direct Gulf frontage as well. This home is perfectly situated on a private over-sized lot, comprised of two parcels; the home sits on one parcel, therefore leaving the second perfectly suited for your guest house. Home is gated, w/ a dock, and private boat ramp. Vacation Rental Link:

Last Agent to Sell the Property

Pamela Capela

License #3195780 Listed on: 05/27/2020

Last Buyer's Agent

Shannon Butler

Singh Real Estate Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,924

Year Built

  • Built in 1993

Lot Details

  • 0.69 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Privacy Fence
  • Fenced
  • Property is zoned RM-1 - Residential Medium - 1

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,800 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Double Hung Windows
  • Casement Windows
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Utility Room
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Electric Power Shutters
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Carport

Pool

  • In Ground Pool
  • Spa
  • Fiberglass Pool

Outdoor Features

  • Airstrip
  • Boat Lift
  • Boat Ramp
  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Attached Grill
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00374810-000000

Community Details

Overview

  • No Home Owners Association
  • Grassy Key Subdivision

Recreation

  • Boat Ramp
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,924

Year Built

Built in 1993

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
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Grassy Key
  • Mile Marker: 58.90
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Other Area Features, Fire Hydrant, Community Boat Ramp, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 13924.04
  • Title: Negotiable
  • Vehicle Storage: Carport, Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1993
  • Alternate Key Number: 1457884
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 29950.00
  • Pool Info: Fiberglass, In Ground
  • Porch Balcony: Open Porch/Balcony
  • License Info Number Of City License: YES
  • Shutters: Roll Down Electric
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 2800.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Sky Light(s), Window Treatments, Wet Bar, Walk-in Closet(s), Storage, Split Bedroom, Smoke Alarms, Granite Counter Top, Cathedral Ceilings, Entrance Foyer, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Range, Stainless Steel Appliance(s), Refrigerator, Microwave, Oven, Dryer, Disposal
  • Floor: Carpet, Tile
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Casement, Other Windows/Doors, Glass Doors, Double Hung Windows
  • Total Bedrooms: 5

Exterior Features

  • Dockage: Boat Lift, Boat Ramp
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Built-in Grill, Storage, Privacy Wall/Fence, Rain Gutters, Fencing, Lighting, Hot Tub
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: Buyer to Verify, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,
  • Parcel Number: 00374810-000000
  • Lot Size: 160x185
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2023
Sold by
Burke Richard W and Burke Blanca Delia
Bought by
Burke Family Living Trust and Burke
Current Estimated Value
$3,352,843

Purchase Details

Listed on
May 27, 2020
Closed on
Sep 18, 2020
Sold by
Tropical Sunset Estates Llc
Bought by
Burke Richard W and Cruz-Burke Blanca D
Seller's Agent
Pamela Capela
Buyer's Agent
Shannon Butler
Singh Real Estate Co
List Price
$2,200,000
Sold Price
$2,000,000
Premium/Discount to List
-$200,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%
Original Mortgage
$1,500,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 27, 2020
Closed on
Sep 11, 2020
Sold by
Tropical Sunset Estates Llc
Bought by
Burke Richard W and Cruz-Burke Blanca D
Seller's Agent
Pamela Capela
Buyer's Agent
Shannon Butler
Singh Real Estate Co
List Price
$2,200,000
Sold Price
$2,000,000
Premium/Discount to List
-$200,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 20, 2012
Closed on
Oct 15, 2013
Sold by
Jared O Alan and Jared Mary
Bought by
Tropical Sunset Estates Llc
Seller's Agent
Robin Kluck
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Creative Technology
List Price
$1,750,000
Sold Price
$1,475,000
Premium/Discount to List
-$275,000
-15.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$675,000
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 21, 2001
Sold by
Michael M Jared M and Michael Lynn S
Bought by
Jared O A

Purchase Details

Closed on
Jul 24, 2001
Sold by
O A Jared M
Bought by
Jared O A

Purchase Details

Closed on
Jul 6, 2001
Sold by
O A Jared M
Bought by
Jared Mary M

Purchase Details

Closed on
Jun 18, 2001
Bought by
Tropical Sunset Estates Llc

Purchase Details

Closed on
Jan 22, 2001
Sold by
Miriam N Schofield Tr
Bought by
Jared O A

Purchase Details

Closed on
Jun 1, 1989
Bought by
Tropical Sunset Estates Llc

Purchase Details

Closed on
Jun 1, 1986
Bought by
Tropical Sunset Estates Llc

Purchase Details

Closed on
Oct 1, 1978
Bought by
Tropical Sunset Estates Llc
Source: Public Records

Range of Values:

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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
Burke Family Living Trust -- None Listed On Document
Burke Richard W $2,000,000 First American Title
Burke Richard W $2,000,000 First American Title
Tropical Sunset Estates Llc $1,475,000 Attorney
Jared O A $175,000 --
Jared O A -- --
Jared Mary M -- --
Tropical Sunset Estates Llc $175,000 --
Jared O A $84,000 --
Tropical Sunset Estates Llc $131,000 --
Tropical Sunset Estates Llc $90,000 --
Tropical Sunset Estates Llc $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Richard W $1,500,000
Previous Owner Burke Richard W $1,500,000
Previous Owner Tropical Sunset Estates Llc $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2020 09/17/20 Sold $2,000,000 -9.1% $714 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $2,200,000 +49.2% $786 / Sq Ft
10/15/2013 10/15/13 Sold $1,475,000 -15.7% $527 / Sq Ft View Prior Sale
09/27/2013 09/27/13 Pending -- -- --
12/20/2012 12/20/12 For Sale $1,750,000 -- $625 / 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 $21,157 $2,898,902 $2,200,051 $698,851
2023 $21,157 $2,686,027 $2,000,051 $685,976
2022 $18,350 $2,001,639 $1,300,051 $701,588
2021 $16,913 $1,604,688 $962,551 $642,137
2020 $13,674 $1,297,894 $793,792 $504,102
2019 $13,924 $1,322,276 $793,792 $528,484
2018 $12,977 $1,303,852 $769,980 $533,872
2017 $11,762 $1,141,393 $0 $0
2016 $12,150 $1,144,792 $0 $0
2015 $12,414 $1,175,589 $0 $0
2014 $12,642 $1,166,872 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Pamela Capela

  • S

    Buyer's Agent in 2020

    Shannon Butler

    Singh Real Estate Co

  • R

    Seller's Agent in 2013

    Robin Kluck

    Coldwell Banker Schmitt Real Estate Co.

  • o

    Buyer's Agent in 2013

    outside of mls

    Outside Of MLS

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591012

Florida Keys Board of REALTORS®

APN: 00374810-000000

Florida Monroe County Marathon 33050

58009 Morton St, Marathon, FL

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