NOT LISTED FOR SALE

605 Sombrero Beach Rd Unit 203 Marathon, FL 33050

Estimated Value: $342,497 - $402,000

2 Beds
1 Bath
755 Sq Ft
$450/mo HOA Fee

Last Sold March 24, 2021

Last sale price $230,000 $305 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,734/month

26 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Dock made with concrete
  • Coral Shores High School Rated A
  • Beach
  • Concrete Pool

About This Home

As of March 2021

Affordable, low maintenance living paired with a Beach neighborhood= Bliss! Fantastic amenities & location: refreshing swimming pool, deep water dock for boats up to 25 ft., abundant vehicle & trailer parking plus its just a 3 block jaunt down to pristine Sombrero Beach. This secure 2nd floor, 2 bedroom condo can be accessed by stair or elevator, inside a tidy space with neutral tile flooring awaits your personal flair. Fully opening up the kitchen along with the existing wall of windows will make a dramatic impact to the living spaces. Quiet, well maintained community allows monthly rentals, sparing you from transient rental traffic. Pet Friendly (10lbs or less) & Just 1.5 miles from 2 grocery stores, restaurants and shopping, this is a must sea! Seller financing available.

Last Agent to Sell the Property

David Grego

Island Breeze Realty Branch Office License #BK3107004 Listed on: 01/21/2021

Last Buyer's Agent

David Grego

Island Breeze Realty Branch Office License #BK3107004 Listed on: 01/21/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,111

Year Built

  • Built in 1974

Lot Details

  • Home fronts a canal
  • Fenced

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Concrete Roof

Interior Spaces

  • 755 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Blinds
  • Storage
  • Tile Flooring
  • Monitored

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Open Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Airstrip
  • First Come-First Served Dock
  • Dock made with concrete

Utilities

  • Central Air
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00104900-001411

Community Details

Overview

  • Association fees include bldg exterior mnt, water, sewer, exterminating, common area mnt, building insurance
  • Schooner Subdivision

Recreation

  • Boat Ramp
  • Beach
  • Bike Trail

Pet Policy

  • Pet Restriction: 1 pet under 10lbs

Security

  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,111

Year Built

Built in 1974

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Association Fee: 1350.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 125
  • Document Count: 2
  • Fee Includes: Bldg Exterior Mnt, Water, Sewer, Exterminating, Common Area Mnt, Building Insurance
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Sombrero
  • Mile Marker: 50.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Community Boat Ramp, Bike Paths, Beach
  • Pets W Restrictions: 1 pet under 10lbs
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Ocean
  • State Province: FL
  • Taxes: 2111.38
  • Vehicle Storage: Off Street Parking, Trailer Storage, Open Parking
  • Year Built: 1974
  • Alternate Key Number: 1123137
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Concrete, In Ground
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 755.00
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Storage
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Oven, Refrigerator, Range
  • Floor: Tile
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: First Come Dock
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Concrete Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Elect Separate Meter, Sewer Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE
  • Parcel Number: 00104900-001411
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 24, 2021
Sold by
Clarkson David
Bought by
Reinoso Larry and Reinoso Rita
Seller's Agent
David Grego
Island Breeze Realty Branch Office
Buyer's Agent
David Grego
Island Breeze Realty Branch Office
List Price
$242,500
Sold Price
$230,000
Premium/Discount to List
-$12,500
-5.15%
Current Estimated Value
$381,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,624
Avg. Annual Appreciation
11.04%
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 29, 2004
Sold by
Rizzo Elvira
Bought by
Clarkson David

Purchase Details

Closed on
Jul 19, 1996
Sold by
Conti Lucille
Bought by
Rizzo Felipe and Rizzo Elvira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
8.27%

Purchase Details

Closed on
Nov 15, 1995
Sold by
Tambur Arthur
Bought by
Conti Lucille

Purchase Details

Closed on
Apr 1, 1986
Bought by
Clarkson David

Purchase Details

Closed on
Jul 1, 1981
Bought by
Clarkson David

Purchase Details

Closed on
Feb 1, 1977
Bought by
Clarkson David
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
Reinoso Larry $230,000 Florida Title Professional
Clarkson David $230,000 Florida Title Of The Keys In
Rizzo Felipe $75,000 --
Conti Lucille $75,000 --
Clarkson David $58,600 --
Clarkson David $45,000 --
Clarkson David $25,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reinoso Larry $150,000
Closed Reinoso Larry $100,000
Previous Owner Clarkson David $149,500
Previous Owner Clarkson David $149,500
Previous Owner Clarkson David $210,000
Previous Owner Conti Lucille $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $230,000 -5.2% $305 / Sq Ft
01/21/2021 01/21/21 For Sale $242,500 -- $321 / 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 $3,001 $285,400 -- $285,400
2023 $3,001 $262,725 $0 $262,725
2022 $1,837 $177,468 $0 $0
2021 $2,322 $180,877 $0 $180,877
2020 $2,196 $180,877 $0 $180,877
2019 $2,111 $185,543 $0 $185,543
2018 $1,964 $184,765 $0 $0
2017 $1,946 $203,429 $0 $0
2016 $1,786 $163,769 $0 $0
2015 $1,739 $163,769 $0 $0
2014 $1,591 $130,615 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    David Grego

    Island Breeze Realty Branch Office

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594449

Florida Keys Board of REALTORS®

APN: 00104900-001411

Florida Monroe County Marathon 33050

605 Sombrero Beach Rd Unit 203, Marathon, FL

This home is located at 605 Sombrero Beach Rd Unit 203, Marathon, FL 33050 since 21 January 2021 and is currently estimated at $381,624, approximately $505 per square foot. This property was built in 1974. 605 Sombrero Beach Rd Unit 203 is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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