NOT LISTED FOR SALE

590 11th St Marathon, FL 33050

Estimated Value: $927,592 - $1,114,000

2 Beds
2 Baths
1,141 Sq Ft
$886/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $1,025,000 $898 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,916/month

12 Days on Market

Highlights

  • Airstrip
  • Beach
  • Home fronts a canal
  • Coral Shores High School Rated A
  • In Ground Pool
  • No HOA

About This Home

As of December 2023

Isn't it is time for you to enjoy peace and serenity in Key Colony Beach? This charming, east facing half-duplex features updated kitchen and baths, providing a perfect blend of comfort and style you deserve. Step outside into your own tropical oasis, complete with a refreshing pool and delightful tiki hut, offering a perfect place for relaxation and entertainment. With 37.5 ft of dockage, this property is a boater's dream, providing easy access to the Atlantic Ocean and the Gulf of Mexico, where the water is your playground. This property not only offers an island lifestyle, but also comes with a solid rental history, making it an excellent investment opportunity. Nestled in the heart of Key Colony Beach, this property offers more than just a beautiful home - it provides access to a vibrant, walkable and bikeable community. Enjoy the parks, golf course and pickle ball courts that make outdoor recreation a daily delight. With quaint restaurants, a convenient post office and a bustling marina just a stone's throw away, you're ensured a lifestyle that combines relaxation with the amenities of a thriving island community. Don't miss this chance to make this tropical haven your home or vacation retreat, your piece of paradise awaits!

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 11/14/2023

Ocean Sotheby's International

Co-Listed By

Tracy Chacksfield

Berkshire Hathaway HomeServices Keys Real Estate License #SL3510758

Last Buyer's Agent

Ysidro Fernandez

Yes Realty and Investment, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,803

Year Built

  • Built in 1971

Lot Details

  • 4,125 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Half Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 1,141 Sq Ft Home
  • French Doors
  • Tile Flooring
  • Canal Views
  • Monitored
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Pool Deck
  • Fiberglass Pool

Utilities

  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Airstrip
  • Ground Level

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00076630-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 1St Addn Amd Plat Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,803

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock Length: 37
  • Fee Includes: None
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Airstrip, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4803.35
  • Title: Title Ins - Buyer
  • Year Built: 1971
  • Alternate Key Number: 1082376
  • Building Style: Ground Level
  • Lot Sq Ft: 4125.00
  • Pool Info: In Ground, Decked, Fiberglass
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1141.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher
  • Floor: Tile
  • Windows/Doors: French Doors, Impact Rstnce Window, Other Windows/Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Combo Construction
  • Roof: Tar/Gravel Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Buyer to Verify, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00076630-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Dec 26, 2023
Sold by
Mcmahon Robert
Bought by
Dela Rosa Hiraldo and De La Rosa
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Ysidro Fernandez
Yes Realty and Investment, Inc.
List Price
$1,090,000
Sold Price
$1,025,000
Premium/Discount to List
-$65,000
-5.96%
Views
28
Current Estimated Value
$1,011,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,602
Avg. Annual Appreciation
-0.79%
Original Mortgage
$717,500
Outstanding Balance
$706,669
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$304,729

Purchase Details

Listed on
Mar 5, 2018
Closed on
Jul 5, 2018
Sold by
John J Bartkus Revocable Trust
Bought by
Mcmahon Robert
Seller's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
Buyer's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%
Original Mortgage
$448,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2018
Closed on
Jun 19, 2018
Sold by
John J Bartkus Revocable Trust
Bought by
Mcmahon Robert
Seller's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
Buyer's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2016
Closed on
Jun 28, 2016
Sold by
Mears Helen M
Bought by
Bartkus John J and The John J Bartkus Revocable Trust
Seller's Agent
Kim Show
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Cindy Alexander
Oceanside Realty
List Price
$465,000
Sold Price
$400,000
Premium/Discount to List
-$65,000
-13.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.52%

Purchase Details

Closed on
Oct 17, 2007
Sold by
Mears Carroll J and Mears Helen M
Bought by
Mears Carroll J and Mears Helen M

Purchase Details

Closed on
Feb 1, 1991
Bought by
Bartkus John J Revocable Trust 5/17/2002

Purchase Details

Closed on
Feb 1, 1975
Bought by
Bartkus John J Revocable Trust 5/17/2002
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
Dela Rosa Hiraldo $1,025,000 Esquire Title Services
Mcmahon Robert $560,000 None Listed On Document
Mcmahon Robert $560,000 None Listed On Document
Bartkus John J $400,000 None Available
Mears Carroll J -- None Available
Bartkus John J Revocable Trust 5/17/2002 $125,000 --
Bartkus John J Revocable Trust 5/17/2002 $41,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dela Rosa Hiraldo $717,500
Previous Owner Mcmahon Robert $442,500
Previous Owner Mcmahon Robert $448,000
Previous Owner Mcmahon Robert $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2023 12/27/23 Sold $1,025,000 -6.0% $898 / Sq Ft
11/26/2023 11/26/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $1,090,000 +94.6% $955 / Sq Ft
06/19/2018 06/19/18 Sold $560,000 -6.5% $491 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $599,000 +49.8% $525 / Sq Ft
06/28/2016 06/28/16 Sold $400,000 -14.0% $351 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $465,000 -- $408 / 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 $4,990 $758,688 $478,500 $280,188
2023 $4,990 $506,792 $0 $0
2022 $4,803 $492,032 $0 $0
2021 $4,834 $477,701 $0 $0
2020 $4,618 $471,106 $247,500 $223,606
2019 $4,668 $476,217 $247,500 $228,717
2018 $4,162 $398,961 $247,500 $151,461
2017 $4,063 $398,844 $0 $0
2016 $2,600 $268,561 $0 $0
2015 $2,427 $266,694 $0 $0
2014 $2,619 $264,577 $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: 607430

APN: 00076630-000000