605 109th Street Ocean Marathon, FL 33050
3
Beds
3.5
Baths
1,910
Sq Ft
0.44
Acres
Highlights
- Airstrip
- Ocean Front
- Dock made with concrete
- Coral Shores High School Rated A
- Beach
- Boat Lift
About This Home
As of April 2025Welcome to your dream oceanfront oasis at 605 109th Street in Marathon, FL! This fully renovated 3-bedroom, 3.5-bathroom home offers a rare combination of luxury, tranquility, and development potential. Boasting breathtaking open water views of the Atlantic Ocean from nearly every angle, this property is also a prime opportunity for growth. Originally comprising three lots, it could easily be split into two conforming oceanfront lots via a simple lot-split process, making it an exceptional investment or multi-use property.Step inside to discover a stunning interior with an open-concept design, featuring all-impact windows, tile flooring throughout, and a gorgeous kitchen equipped with stainless steel appliances, granite countertops, a spacious island, and custom window treatments. The Lennox central AC (installed in 2018) ensures year-round comfort. The layout includes large guest rooms, one with its own ensuite bath, both offering private entrances to the pool and backyard. The master suite also enjoys a private entrance to the pool, creating a seamless indoor-outdoor living experience.Outside, immerse yourself in paradise with a sparkling pool, relaxing jacuzzi, and a charming tiki hut--all perfectly positioned to take in the expansive ocean views. A cabana structure adds convenience for poolside entertaining, while a metal roof, covered carport, and ample storage space complete the package.Whether you're looking to lounge by the pool, host gatherings under the tiki hut, or explore the property's development potential, this ground-level gem offers the ultimate in Keys living. Don't miss this incredible opportunity to own a piece of paradise! Schedule your private showing today.
Last Agent to Sell the Property
Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 12/30/2024
Last Buyer's Agent
Derrick Johnson
Exit Realty Florida Keys MTH
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,439
Year Built
- Built in 1946 | Remodeled
Lot Details
- 0.44 Acre Lot
- Ocean Front
- Property is zoned RM - Residential Medium
Home Design
- Metal Roof
Interior Spaces
- 1,910 Sq Ft Home
- Furnished
- Ceiling Fan
- Tile Flooring
- Ocean Views
- Impact Glass
Kitchen
- <<OvenToken>>
- Range<<rangeHoodToken>>
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- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- 4 Parking Spaces
- Carport
- Open Parking
- Off-Street Parking
Pool
- Concrete Pool
- In Ground Pool
- Spa
Outdoor Features
- Airstrip
- Rip-Rap
- Boat Lift
- Dock made with concrete
- Patio
- Tiki or Chickee Hut
Location
- Ground Level
Utilities
- Central Air
- Separate Meters
- Public Hookup Available For Sewer
Listing and Financial Details
- Minimum Rental Period: 7
- Assessor Parcel Number 00343620-000000
Community Details
Overview
- No Home Owners Association
- S Marathon Shores Subdivision
Recreation
- Beach
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 30, 2024
Closed on
Apr 7, 2025
Sold by
Lancer M Jay and Marathon Property Trust
Bought by
Emm & Emm Rentals Llc
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Derrick Johnson
Exit Realty Florida Keys MTH
List Price
$2,199,000
Sold Price
$2,000,000
Premium/Discount to List
-$199,000
-9.05%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,373
Avg. Annual Appreciation
-1.13%
Original Mortgage
$1,500,000
Outstanding Balance
$1,500,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$493,627
Purchase Details
Closed on
Aug 16, 2018
Sold by
Jay Lancer M
Bought by
Marathon Property Trust
Purchase Details
Closed on
Oct 13, 2006
Sold by
Bacom Lola and Monroe Lola Lynne
Bought by
Lancer M Jay
Purchase Details
Closed on
Jul 31, 2003
Sold by
Campbell Robert H
Bought by
Lancer M Jay
Purchase Details
Closed on
Mar 26, 2002
Sold by
Cornelius Stanley P and Cornelius Lala C
Bought by
Lancer M J and Campbell Robert H
Purchase Details
Closed on
Feb 1, 1993
Bought by
Lancer M Jay
Purchase Details
Closed on
Feb 1, 1984
Bought by
Lancer M Jay
Similar Homes in Marathon, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,000,000 | None Listed On Document | |
| Warranty Deed | $2,000,000 | None Listed On Document | |
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $205,000 | Attorney | |
| Warranty Deed | $319,200 | -- | |
| Warranty Deed | $450,000 | -- | |
| Warranty Deed | $400,000 | -- | |
| Warranty Deed | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,500,000 | New Conventional | |
| Closed | $1,500,000 | New Conventional | |
| Previous Owner | $400,000 | New Conventional | |
| Previous Owner | $273,000 | New Conventional | |
| Previous Owner | $300,700 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2025 04/10/25 | Sold | $2,000,000 | -9.0% | $1,047 / Sq Ft |
| 12/30/2024 12/30/24 | For Sale | $2,199,000 | -- | $1,151 / Sq Ft |
Source: Marathon and Lower Keys Association of REALTORS®
Tax History Compared to Growth
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 | $17,439 | $2,593,626 | $2,087,020 | $506,606 |
| 2023 | $17,439 | $3,080,755 | $2,026,314 | $1,054,441 |
| 2022 | $14,021 | $2,068,255 | $1,595,095 | $473,160 |
| 2021 | $11,695 | $1,313,612 | $912,679 | $400,933 |
| 2020 | $10,842 | $1,281,985 | $845,693 | $436,292 |
| 2019 | $9,931 | $1,281,257 | $837,320 | $443,937 |
| 2018 | $8,979 | $1,090,660 | $837,320 | $253,340 |
| 2017 | $8,326 | $1,023,662 | $0 | $0 |
| 2016 | $8,331 | $1,067,273 | $0 | $0 |
| 2015 | $7,260 | $864,822 | $0 | $0 |
| 2014 | $6,529 | $712,456 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sam Williams
Seller's Agent in 2025
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
(305) 289-6532
633 Total Sales
-
D
Buyer's Agent in 2025
Derrick Johnson
Exit Realty Florida Keys MTH
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 612892
APN: 00343620-000000
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