NOT LISTED FOR SALE

62900 Overseas Hwy Unit 27 Marathon, FL 33050

Estimated Value: $517,000 - $915,000

0.11 Acre
$6,748,862 Price per Acre
4,750 Sq Ft Lot

Last Sold March 21, 2024

Last sale price $800,000

Est. 8% decrease in value since last sale

Current estimated payment $4,412/month

174 Days on Market

Highlights

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

About This Lot

As of March 2024

Welcome to paradise on Conch Key in the enchanting Florida Keys! The LOWEST priced oceanfront lot with active permits!! Nestled in the heart of this tropical haven, a rare opportunity awaits you - an exquisite waterfront lot ready to transform your vision into reality. With the shimmering azure waters of the Atlantic Ocean at your doorstep, this buildable gem presents the canvas for your ultimate coastal retreat. You have the freedom to design and build your coastal haven exactly as you envision it or use the existing site plans. Price includes permit and sellers building plans for a two-story 3bd/3ba CBS construction home. The seller has done the work for you, building permit is ready for pick up! Situated in the sought-after community of Coral Key Village on Conch Key, this property enjoys the perfect blend of tranquility and convenience. Embrace the serenity of the island while being just a short drive away from amenities, dining, and entertainment. The view from your future home promises to be a constant source of inspiration. ACTIVE BUILDING PERMIT & Boat Dock Permit approved DEP/Army Corp. Inquire for more details.

Last Agent to Sell the Property

Taylor Globus

Ocean Sotheby's International Realty License #3509905 Listed on: 08/15/2023

Ocean Sotheby's International Realty

Last Buyer's Agent

Eric Rizzo

Ocean Sotheby's International Realty License #3347022

Ocean Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,600

Lot Details

  • 4,750 Sq Ft Lot
  • Ocean Front
  • Cleared Lot
  • Property is zoned CFV - Commercial Fishing Village Districts

HOA Fees

  • $85 Monthly HOA Fees

Additional Features

  • Ocean Views
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 00099010-002700

Community Details

Overview

  • Conch Key Subdivision

Recreation

  • Boat Ramp
  • Beach
  • Boat Ramp

Property Details

Property Type

Land

Est. Annual Taxes

$3,600

Lot Details

0

HOA Fees

$85 per month

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 4
  • Document Count: 2
  • 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
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Beach, Other Area Features
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Property Rights: Tranfrble Bldg Prmt
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3599.57
  • Title: Title Ins - Buyer
  • Alternate Key Number: 9064925
  • Dockage Dock Permit: Yes
  • Lot Sq Ft: 4750.00
  • Species List: No
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 85.00
  • Association Maintenance Fee Per: Monthly
  • Mandatory HOA: Yes
  • Existing Utilities: Electric on Site, Sewer
  • Location Site: Paved Street, Cleared Site, Water Frontage
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: Yes
  • Tax Exemptions: None
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: Boat Ramp
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Waterview: Open Water View, Ocean View

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,VE
  • Parcel Number: 00099010-002700
  • Building Permit: Active Permit

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Mar 21, 2024
Sold by
Lauth Development Llc
Bought by
Conch Key 27 Llc
Seller's Agent
Taylor Globus
Ocean Sotheby's International Realty
Buyer's Agent
Eric Rizzo
Ocean Sotheby's International Realty
List Price
$985,000
Sold Price
$800,000
Premium/Discount to List
-$185,000
-18.78%
Views
78
Current Estimated Value
$735,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,374
Avg. Annual Appreciation
-5.55%

Purchase Details

Listed on
Nov 30, 2022
Closed on
Mar 1, 2023
Sold by
Bolan Mary M
Bought by
Lauth Development Llc
Seller's Agent
Roger Cousineau
Keller Williams Key West Compass Realty
Buyer's Agent
Roger Cousineau
Century 21 Circle - Key West
List Price
$959,000
Sold Price
$725,000
Premium/Discount to List
-$234,000
-24.4%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%

Purchase Details

Closed on
Dec 26, 2012
Sold by
Coral Key Village Homeowners Association
Bought by
Bolan Mary M

Purchase Details

Closed on
Aug 17, 2001
Bought by
Bolan Mary
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Conch Key 27 Llc $800,000 None Listed On Document
Lauth Development Llc $725,000 --
Bolan Mary M -- Attorney
Bolan Mary $70,400 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $800,000 -8.6% --
02/05/2024 02/05/24 Pending -- -- --
01/16/2024 01/16/24 Price Changed $875,000 -6.4% --
01/07/2024 01/07/24 Price Changed $935,000 -4.1% --
11/20/2023 11/20/23 Price Changed $975,000 -1.0% --
08/15/2023 08/15/23 For Sale $985,000 +35.9% --
03/01/2023 03/01/23 Sold $725,000 -14.6% --
01/12/2023 01/12/23 Pending -- -- --
12/29/2022 12/29/22 Price Changed $849,000 -5.6% --
12/17/2022 12/17/22 Price Changed $899,000 -6.3% --
11/30/2022 11/30/22 For Sale $959,000 -- --
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 $4,194 $598,837 $597,218 $1,619
2023 $4,194 $530,650 $529,031 $1,619
2022 $3,600 $387,224 $385,605 $1,619
2021 $3,234 $272,013 $270,394 $1,619
2020 $3,255 $272,013 $270,394 $1,619
2019 $3,262 $317,862 $316,243 $1,619
2018 $2,899 $269,519 $267,900 $1,619
2017 $2,694 $222,294 $0 $0
2016 $2,741 $220,511 $0 $0
2015 $2,678 $204,835 $0 $0
2014 $2,945 $284,223 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Taylor Globus

    Ocean Sotheby's International Realty

    (305) 401-7675

    1 in this area

    18 Total Sales

    Taylor Globus
    Section Image
  • Eric Rizzo

    Buyer's Agent in 2024

    Eric Rizzo

    Ocean Sotheby's International Realty

    (305) 394-3062

    3 in this area

    54 Total Sales

    Eric Rizzo
    Section Image
  • Roger Cousineau

    Seller's Agent in 2023

    Roger Cousineau

    Keller Williams Key West Compass Realty

    (305) 304-2698

    4 in this area

    51 Total Sales

    Roger Cousineau
    Section Image

  • E

    Seller Co-Listing Agent in 2023

    Edward Russell

    Keller Williams Key West Compass Realty

    (305) 304-3775

    3 in this area

    22 Total Sales

    Edward Russell
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 606336

Florida Keys Board of REALTORS®

APN: 00099010-002700

Florida Monroe County Marathon 33001

62900 Overseas Hwy Unit 27, Marathon, FL

This home is located at 62900 Overseas Hwy Unit 27, Marathon, FL 33050 since 15 August 2023 and is currently estimated at $735,626. 62900 Overseas Hwy Unit 27 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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