NOT LISTED FOR SALE

62900 Overseas Hwy Unit 25 Marathon, FL 33050

Estimated Value: $1,583,000 - $2,271,000

4 Beds
3 Baths
2,206 Sq Ft
$895/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $2,300,000 $1,043 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $12,054/month

85 Days on Market

Highlights

  • Airstrip
  • Ocean Front
  • Beach
  • Coral Shores High School Rated A
  • Boat Ramp
  • 1-minute walk to Curry Hammock State Park

About This Home

As of June 2024

Nestled right at the water's edge this home boasts unobstructed, panoramic ocean views and breathtaking sunrises. With its own approx. 90 ft of concrete dock complete with a 12k boatlift, fish cleaning station, convenient swim ladder, and retaining wall, this property offers a supreme waterfront experience, including amenities such as water, power, lights! Step inside this fully furnished retreat to a very unique spacious floor plan that has a warm country vibe in a coastal setting. The interior ceiling height and unobstructed views are what this place is all about. Crowned with an 11ft ceiling and trayed design, complemented by window treatments on all windows. Security cameras and the high-impact windows and doors throughout provide peace of mind. The kitchen features high-end stainless steel appliances, a hooded stove, wine cooler, a sizeable kitchen island, farmhouse sink, and a tile backsplash. A wet bar enhances the entertainment options, while wood grain crown molding adds a touch of warmth. Concrete construction with a concrete subfloor is indicative of the home's design. Outside, a covered front porch and an open deck at the rear offer approx.1k sf of structural decks. The rear deck, complete with a tiki hut and jacuzzi, is an idyllic spot for unwinding while soaking in the majestic views. Beautiful landscaping frames the property, complemented by a practical irrigation system. The home's elevator adds a layer of accessibility. The electric shutters, standing seam metal roof, and lower-level storage add to the home's practical features. A golf cart, included for your convenience, allows for easy exploration of the surrounding area. Located on Conch Key, a private island with a large turn basin, this home provides a private beach area for residents and a boat ramp. Great access from the mainland, quick in and out from Overseas Highway only 15 min to Marathon

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 02/19/2024

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

outside mls - FKBR

Outside Of MLS - FKBR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,406

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 7,045 Sq Ft Lot
  • Ocean Front
  • Property is zoned URM - Urban Res Mobile Home District

HOA Fees

  • $85 Monthly HOA Fees

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,206 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Tray Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Ocean Views

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Complete Electric Power Shutters
  • Impact Glass

Parking

  • 4 Car Attached Garage
  • Carport
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Spa
  • Airstrip
  • Boat Ramp
  • Dock made with concrete
  • Balcony
  • Deck
  • Tiki or Chickee Hut
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00099010-002500

Community Details

Overview

  • Association fees include common area mnt
  • Conch Key Subdivision
  • RV Parking in Community

Recreation

  • Boat Ramp
  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,406

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00099010-002500
  • As Is Right To Inspect: No
  • First Right of Refusal: No
  • Association Fee: 85.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 90
  • Dockage Seawall: Other
  • Fee Includes: Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Conch Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 62.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Bike Paths, Airstrip, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 12405.61
  • Vehicle Storage: Carport, RV Parking Open, Covered Parking, Trailer Storage, Off Street Parking, Guest Parking, Open Parking, Attached
  • Vehicle Storage Cars: 4+
  • Year Built: 2019
  • Alternate Key Number: 9064870
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 7045.00
  • Porch Balcony: Open Porch/Balcony, Deck
  • Association Maintenance Fee Per: Monthly
  • Shutters: Other, Roll Down Electric
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2206.00
  • Pre Wired: Cat 5
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Wet Bar, Granite Counter Top, Tray Ceilings, Window Treatments, Elevator, Pantry
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Wine Cooler, Microwave, Oven, Range, Refrigerator
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Chickee Hut, Hot Tub, Rain Gutters
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE-11
  • Parcel Number: 00099010-002500
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Jun 11, 2024
Sold by
Lawrence D Hoffman Revocable Trust and Hoffman Lawrence D
Bought by
Hoffman Lawrence D and Vila Jorge
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$2,940,000
Sold Price
$2,300,000
Premium/Discount to List
-$640,000
-21.77%
Views
49
Current Estimated Value
$1,974,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$325,759
Avg. Annual Appreciation
-10.10%

Purchase Details

Listed on
Feb 19, 2024
Closed on
Jun 7, 2024
Sold by
Gayle A Russell Revocable Living Trust and Russell Fred E
Bought by
Lawrence D Hoffman Revocable Trust and Hoffman
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$2,940,000
Sold Price
$2,300,000
Premium/Discount to List
-$640,000
-21.77%
Views
49

Purchase Details

Closed on
Jun 16, 2022
Sold by
H5 Llc
Bought by
Lawrence D Hoffman Revocable Trust

Purchase Details

Closed on
Apr 21, 2020
Sold by
H5 Llc
Bought by
Hoffman Lawrence D and Hoffman Carol Ann

Purchase Details

Closed on
Oct 1, 2008
Sold by
Coral Key Village Homeowners Assn Inc
Bought by
H5 Llc and Hoffman Larry

Purchase Details

Closed on
Feb 25, 2008
Bought by
H5 Llc

Purchase Details

Closed on
Aug 17, 2001
Bought by
H5 Llc
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
Hoffman Lawrence D $2,200,000 None Listed On Document
Lawrence D Hoffman Revocable Trust -- None Listed On Document
Lawrence D Hoffman Revocable Trust -- Creative Planning Legal Pa
Hoffman Lawrence D -- Law Offices Of Thomas D Wright
H5 Llc -- Attorney
H5 Llc $665,000 --
H5 Llc $78,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whippo Charles W $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $2,300,000 -8.0% $1,043 / Sq Ft
04/05/2024 04/05/24 Price Changed $2,499,000 -15.0% $1,133 / Sq Ft
02/19/2024 02/19/24 For Sale $2,940,000 -- $1,333 / 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 $12,406 $1,416,547 -- --
2023 $12,406 $1,375,289 $0 $0
2022 $12,069 $1,335,233 $708,852 $626,381
2021 $11,981 $1,202,387 $651,155 $551,232
2020 $8,932 $1,206,455 $651,155 $555,300
2019 $4,743 $462,381 $384,648 $77,733
2018 $4,170 $395,853 $327,585 $68,268
2017 $4,511 $435,896 $0 $0
2016 $4,413 $426,760 $0 $0
2015 $4,296 $434,038 $0 $0
2014 $4,111 $398,049 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Williams

    Seller's Agent in 2024

    Sam Williams

    Coldwell Banker Schmitt Real Estate Co.

    (305) 289-6532

    27 in this area

    635 Total Sales

    Sam Williams
    Section Image

  • o

    Buyer's Agent in 2024

    outside mls - FKBR

    Outside Of MLS - FKBR

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 608807

APN: 00099010-002500

Florida Monroe County Marathon 33001

62900 Overseas Hwy Unit 25, Marathon, FL

This home is located at 62900 Overseas Hwy Unit 25, Marathon, FL 33050 since 19 February 2024 and is currently estimated at $1,974,241, approximately $894 per square foot. This property was built in 2019. 62900 Overseas Hwy Unit 25 is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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