NOT LISTED FOR SALE

58866 Overseas Hwy Marathon, FL 33050

Estimated Value: $449,000 - $1,302,000

1.35 Acres
$686,392 Price per Acre
58,809 Sq Ft Lot

Last Sold July 26, 2017

Last sale price $465,000

Est. 99% increase in value since last sale

Current estimated payment $5,389/month

179 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Wooded Lot
  • Coral Shores High School Rated A
  • 58,809 Sq Ft lot
  • 1-minute walk to Curry Hammock State Park

About This Lot

As of July 2017

Enjoy endless views of the ocean at this fabulous Oceanfront Lot on Grassy Key! Ready to build once plans are approved. Great rental potential with weekly rentals allowed and just minutes to Marathon Airport, shopping and dining. 2 adjacent lots approximately 600' x 100' with 100' on the ocean.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 12/15/2016

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677

Coldwell Banker Schmitt Lower Keys (KW)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,281

Lot Details

  • 1.35 Acre Lot
  • Ocean Front
  • Property fronts a highway
  • Cleared Lot
  • Wooded Lot
  • 2 Lots in the community
  • Property is zoned RL - Residential Low

Property Views

  • Ocean Views

Listing and Financial Details

  • Assessor Parcel Number 00100030-000100

Community Details

Overview

  • Grassy Key Subdivision

Recreation

  • Beach

Property Details

Property Type

Land

Est. Annual Taxes

$2,281

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 1
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Mile Marker: 57.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features, Beach
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2280.68
  • Title: Negotiable
  • Alternate Key Number: 8684291
  • Lot Sq Ft: 58809.00
  • Species List: No
  • Mandatory HOA: No
  • Location Site: Highway Frontage, Cleared Site, Hardwood, Water Frontage
  • Miscellaneous Info Mobile Home Lot: No
  • Tax Exemptions: None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Waterview: Open Water View, Ocean View

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,AE,VE
  • Parcel Number: 00100030-000100
  • Land Size: 1 Less Than 2 Acres
  • Building Permit: Other Permit
  • Total Lots: 2.00

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2024
Sold by
Farzamipour Alireza
Bought by
58866 Llc
Current Estimated Value
$926,677

Purchase Details

Closed on
Sep 13, 2024
Sold by
58866 Llc
Bought by
Farzamipour Alireza

Purchase Details

Listed on
Nov 3, 2015
Closed on
Mar 10, 2016
Sold by
Sanchez Cesario
Bought by
Diaz Estate Holdings Llc
Seller's Agent
Vanessa J Chamizo
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Vanessa J. Chamizo, Professional Agent
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%

Purchase Details

Closed on
Oct 29, 2008
Sold by
Sanchez Cesario
Bought by
Sanchez Cesario and Sanchez Anthony

Purchase Details

Closed on
May 17, 2005
Bought by
Diaz Estate Holdings Llc

Purchase Details

Closed on
Feb 28, 2003
Sold by
Naranja Land Plaza Inc
Bought by
Martinez Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1996
Bought by
Diaz Estate Holdings Llc

Purchase Details

Closed on
Nov 1, 1990
Bought by
Diaz Estate Holdings Llc

Purchase Details

Closed on
Apr 1, 1985
Bought by
Diaz Estate Holdings Llc
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
58866 Llc -- None Listed On Document
Farzamipour Alireza -- None Listed On Document
Diaz Estate Holdings Llc $350,000 Amicus Title & Closing Svcs
Sanchez Cesario -- Attorney
Diaz Estate Holdings Llc $318,700 --
Martinez Raul $3,000 M G Title Services Inc
Diaz Estate Holdings Llc $262,000 --
Diaz Estate Holdings Llc $18,000 --
Diaz Estate Holdings Llc $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Raul $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2017 07/26/17 Sold $465,000 -15.5% --
06/12/2017 06/12/17 Pending -- -- --
12/15/2016 12/15/16 For Sale $550,000 +57.1% --
03/10/2016 03/10/16 Sold $350,000 -6.7% -- View Prior Sale
12/09/2015 12/09/15 Pending -- -- --
11/03/2015 11/03/15 For Sale $375,000 -- --
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 $6,342 $1,049,486 $1,049,486 --
2023 $6,342 $1,236,523 $1,236,523 $0
2022 $3,681 $379,270 $379,270 $0
2021 $3,974 $389,661 $389,661 $0
2020 $3,864 $384,465 $384,465 $0
2019 $4,177 $425,304 $425,304 $0
2018 $3,631 $373,833 $373,833 $0
2017 $3,830 $394,024 $0 $0
2016 $2,281 $395,583 $0 $0
2015 $2,058 $349,212 $0 $0
2014 $1,151 $103,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co.

  • Vanessa J Chamizo

    Seller's Agent in 2016

    Vanessa J Chamizo

    Coldwell Banker Schmitt Islamorada

    (786) 302-8007

    3 in this area

    49 Total Sales

    Vanessa J Chamizo
    Section Image

  • E

    Seller Co-Listing Agent in 2016

    Eddy Chamizo

    Coldwell Banker Schmitt Islamorada

    (305) 726-8614

    2 Total Sales

    Eddy Chamizo
    Section Image

  • V

    Buyer's Agent in 2016

    Vanessa J. Chamizo, Professional Agent

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

  • V

    Buyer's Agent in 2016

    Vanessa J. Chamizo, Realtor

    American Caribbean Real Estate, Christie's International Real Estate

  • V

    Buyer's Agent in 2016

    Vanessa Chamizo

    LoKation Real Estate

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 573226

Florida Keys Board of REALTORS®

APN: 00100030-000100

Florida Monroe County Marathon 33050

58866 Overseas Hwy, Marathon, FL

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