NOT LISTED FOR SALE

600 123rd Street Gulf Marathon, FL 33050

Estimated Value: $1,998,717 - $2,588,000

3 Beds
2.5 Baths
2,276 Sq Ft
$977/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $1,242,500 $546 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $12,786/month

182 Days on Market

Highlights

  • Airstrip
  • Property fronts gulf or ocean
  • 0.44 Acre Lot
  • Coral Shores High School Rated A
  • Concrete Pool
  • 1-minute walk to Curry Hammock State Park

About This Home

As of September 2019

Located Directly on the Gulf of Mexico Just North of Vaca Cut. This 3 bed, 2.5 bath, 2276 Sf home is on a approx. 20k Sq. Ft. Lot. Single Family home features an open floor plan. Large concrete pool,seawall and dock for large and multiple boats. House has been freshly painted on the exterior and the interior has many updates including wet bar, porcelain tile floors, Granite counters, and the entire Gulf side wall of this house is all glass boasting beautiful open water views of the Gulf. Boat Ramp on property covered parking, tons of storage and trailer parking, House is concrete and elevated over 8 feet above Flood, Weekly rentals allowed and gross rental income potential is over 100k, ask agent for details, you can Finance this home and let it pay for itself.

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 10/26/2018

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

David Grego

Island Breeze Realty Branch Office License #BK3107004

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,553

Year Built

  • Built in 1974

Lot Details

  • 0.44 Acre Lot
  • Property fronts gulf or ocean
  • Property is zoned RM - Residential Medium

Property Views

  • Ocean
  • Gulf

Home Design

  • Tile Roof

Interior Spaces

  • 2,276 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Guest Parking
  • Open Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Airstrip
  • Patio
  • Shed

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00100560-000300

Community Details

Overview

  • No Home Owners Association
  • Misc Marathon East G Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,553

Year Built

Built in 1974

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
  • Dockage Seawall: Other
  • Fee Includes: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 52.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 10552.94
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Trailer Storage, Open Parking, Guest Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1974
  • Alternate Key Number: 1117510
  • Building Style Stilt Column Height: Short - 4Ft & Under
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 19150.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 2276.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Range, Oven, Microwave
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Appliances Other: YES
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Gulf Front, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Bar, Shed
  • Roof: Tile Roof
  • Waterview: Bay/Gulf View, Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,VE
  • Parcel Number: 00100560-000300
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.44

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2024
Sold by
Shattuck Carolyn Marie and Shattuck David Matthew
Bought by
Shattuck Carolyn Marie and Shattuck David Matthew
Current Estimated Value
$2,223,179

Purchase Details

Closed on
Feb 5, 2020
Sold by
Schultz Charles H
Bought by
Shattuck David and Shattuck Carolyn M

Purchase Details

Listed on
Oct 26, 2018
Closed on
Sep 30, 2019
Sold by
Schultz Charles H
Bought by
Shattuck David and Shattuck Carol
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
David Grego
Island Breeze Realty Branch Office
List Price
$1,448,000
Sold Price
$1,242,500
Premium/Discount to List
-$205,500
-14.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%

Purchase Details

Closed on
Oct 29, 2018
Sold by
Schultz Charles H
Bought by
Schultz Charles H

Purchase Details

Closed on
Oct 2, 2018
Sold by
Schultz Charles H
Bought by
Schultz Charles H

Purchase Details

Listed on
Dec 20, 2016
Closed on
Mar 24, 2017
Sold by
Brons James H and Brons Sandra E
Bought by
Sechultz Charles H
Seller's Agent
Lynn Lucas
Marathon Key Real Estate, Inc.
Buyer's Agent
Ally Kelley
Ocean Sotheby's International
List Price
$1,458,000
Sold Price
$1,313,800
Premium/Discount to List
-$144,200
-9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%

Purchase Details

Closed on
May 4, 2015
Sold by
Brous James H and Broas Sandra E
Bought by
Brous Family Revocable Trust and Brous Sandra E

Purchase Details

Closed on
Jul 29, 2008
Sold by
Nyberg Clark R and Nyberg Victoria
Bought by
Brous James H and Brous Sandra E

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
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2003
Sold by
Billmayer Charles and Billmayer Joanne
Bought by
Nyberg Clark R and Nyberg Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 30, 2000
Sold by
Norwest Bank Minnesota Na Tr and Securitie Salomon Brothers Mrotgage
Bought by
Billmayer Charles and Billmayer Joanne

Purchase Details

Closed on
Jul 17, 2000
Bought by
Brous Family Revocable Trust 4/2/2015
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shattuck Carolyn Marie -- None Listed On Document
Shattuck David -- --
Shattuck David $1,242,500 None Listed On Document
Schultz Charles H $100 None Listed On Document
Schultz Charles H $100 None Listed On Document
Sechultz Charles H $1,313,800 Attorney
Brous Family Revocable Trust -- Attorney
Brous James H $800,000 Company Title Corporation
Nyberg Clark R -- --
Nyberg Clark R $1,400,000 --
Billmayer Charles $299,900 --
Brous Family Revocable Trust 4/2/2015 $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brous James H $528,000
Previous Owner Nyberg Clark R $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2019 09/27/19 Sold $1,242,500 -14.2% $546 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
10/26/2018 10/26/18 For Sale $1,448,000 +10.2% $636 / Sq Ft
03/24/2017 03/24/17 Sold $1,313,800 -9.9% $577 / Sq Ft View Prior Sale
03/15/2017 03/15/17 Pending -- -- --
12/20/2016 12/20/16 For Sale $1,458,000 -- $641 / 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
2025 $13,238 $1,489,119 -- --
2024 $13,153 $1,447,152 -- --
2023 $13,153 $1,405,002 $0 $0
2022 $12,980 $1,364,080 $784,671 $579,409
2021 $11,749 $1,196,813 $663,548 $533,265
2020 $10,289 $1,002,454 $473,963 $528,491
2019 $11,347 $1,110,063 $513,459 $596,604
2018 $11,067 $1,123,515 $557,648 $565,867
2017 $10,824 $1,122,265 $0 $0
2016 $10,739 $1,030,154 $0 $0
2015 $9,682 $893,407 $0 $0
2014 -- $876,288 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 582463

Florida Keys Board of REALTORS®

APN: 00100560-000300