NOT LISTED FOR SALE

64 Pelican Rd Marathon, FL 33050

Estimated Value: $330,000 - $763,000

1.04 Acres
$473,403 Price per Acre
45,302 Sq Ft Lot

Last Sold February 19, 2016

Last sale price $150,000

Est. 228% increase in value since last sale

Current estimated payment $2,725/month

111 Days on Market

Highlights

  • Beach Front
  • Mangrove Front
  • 45,302 Sq Ft lot
  • Coral Shores High School Rated A
  • Bay View
  • 1-minute walk to Long Key State Park

About This Lot

As of February 2016

Private, hard to find 1.03 acre Gulf Front lot on Grassy key. Open waterfront with spectacular views to enjoy the Key's fantastic sunsets. Build your dream home on this wooded lot with approx. 140 ft of Gulf frontage. Enjoy fishing, snorkeling and diving near by on some of the most pristine reefs in Florida. Update, this lot is NOT currently build able per the city of Marathon. Zoning change req.

Last Agent to Sell the Property

Robert Cardenas

Ocean Sotheby's International Realty Listed on: 09/18/2015

Last Buyer's Agent

Cindy Willis

Ocean Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,078

Lot Details

  • 1.04 Acre Lot
  • Beach Front
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Fenced
  • Property is zoned RL - Residential Low

Property Views

  • Bay Views

Listing and Financial Details

  • Assessor Parcel Number 00375930-000000

Community Details

Overview

  • Grassy Key Subdivision

Recreation

  • Mangrove Front

Property Details

Property Type

Land

Est. Annual Taxes

$1,078

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 2
  • Document Count: 1
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Mile Marker: 58.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1078.00
  • Alternate Key Number: 1459038
  • Lot Sq Ft: 45302.00
  • Species List: No
  • Mandatory HOA: No
  • Location Site: Paved Street, Fenced, Mangrove, Wooded Lot, Water Frontage
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Recorded Plat: Yes
  • Survey Available: Yes
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: Bay Front, Beach Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Waterview: Open Water View, Bay View

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE,VE,AE
  • Parcel Number: 00375930-000000
  • Land Size: 1 Less Than 2 Acres
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2015
Closed on
Feb 12, 2016
Sold by
Calam Michael R and Throne Barbara Jean
Bought by
Martinez Cesar A Rosario
Seller's Agent
Robert Cardenas
Ocean Sotheby's International Realty
Buyer's Agent
Cindy Willis
Ocean Sotheby's International Realty
List Price
$299,000
Sold Price
$150,000
Premium/Discount to List
-$149,000
-49.83%
Current Estimated Value
$492,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,335
Avg. Annual Appreciation
13.04%
Original Mortgage
$150,000
Interest Rate
10%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 14, 2000
Sold by
Moore William L
Bought by
Throne Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.23%
Mortgage Type
Purchase Money Mortgage
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
Martinez Cesar A Rosario $150,000 Attorney
Throne Barbara J $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Martinez Cesar A Rosario $150,000
Previous Owner Throne Barbara J $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2016 02/19/16 Sold $150,000 -49.8% --
01/07/2016 01/07/16 Pending -- -- --
09/18/2015 09/18/15 For Sale $299,000 -- --
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 $1,780 $327,503 $323,321 $4,182
2023 $1,780 $331,671 $327,388 $4,283
2022 $1,063 $100,381 $95,997 $4,384
2021 $1,115 $100,628 $95,997 $4,631
2020 $1,032 $93,647 $88,767 $4,880
2019 $1,036 $93,894 $88,767 $5,127
2018 $1,129 $112,815 $110,459 $2,356
2017 $1,013 $94,886 $0 $0
2016 $1,193 $149,397 $0 $0
2015 $1,127 $144,740 $0 $0
2014 $1,078 $136,669 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 568543

Florida Keys Board of REALTORS®

APN: 00375930-000000