$400,000
SOLD OCT 11, 2024

6403 Gulf of Mexico Blvd Unit 403 Marathon, FL 33050

3 Beds
2 Baths
1,602 Sq Ft
17 Acres

Recently Sold

$250 Per Sq Ft

54% Below List Price

296 Days on Market

Highlights

  • Popular Property
  • Property fronts gulf or ocean
  • Concrete Pool
  • Coral Shores High School Rated A
  • Building Security
  • 3-minute walk to Curry Hammock State Park

About This Home

As of October 2024

Seawatch is a must see if you are in the market for a condo. Price improved for fast sale. Here is your blank canvas and its on the Top Floor! This unit is ready for you to remodel and make it your own. Completely gutted and being sold 'as is' awaiting your finishes. New drywall, new windows and new accordion shutters already in place. Ceiling and floors are complete. The Seawatch complex has undergone a $20 Million rehab and has been transformed to its former glory. A sparkling gem on the Gulf of Mexico, this community enjoys unmatched amenities including resort sized new $1 Million pool/spa & cabanas, tennis court & pickle ball court, fitness center, gated security, event room, all surrounded and buffered by 17 acres of gardens, natural habitat and lake. With new impact floor to ceiling windows, the view from this unit include the pool, Vaca Cut and the Ocean on the East side of the Island of Marathon. Elevator access to your floor. No other condo community in the Keys can boast this extensive amenity package or offer having so much land for so few units. Seawatch has a private marina and plans are in the works to complete docks whereby everyone will have the opportunity to buy a boat slip. The sunset views are spectacular. HOA fees include common area maintenance, insurance, basic Cable TV, unlimited access to 1st class fitness center. Owners also have access to the storage barn on a first come first served basis. There is parking for boat trailers and RVs. Large pets are allowed. (No longer weight restricted).

Last Agent to Sell the Property

Ginger Henderson

Coldwell Banker Schmitt Real Estate Co. License #184807 Listed on: 11/28/2023

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Monika Turek

Karem Kramer Realty (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,938

Year Built

  • Built in 1983

Lot Details

  • Property fronts gulf or ocean

Property Views

  • Ocean
  • Gulf
  • Harbor
  • Lake

Home Design

  • Fixer Upper
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,602 Sq Ft Home
  • 4-Story Property
  • Sliding Doors
  • Storage
  • Home Gym

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Parking Space
  • Carport
  • Electric Gate
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible
  • Accessible Ramps

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Screened Balcony
  • Outdoor Water Feature
  • Exterior Lighting
  • Exterior Bathhouse
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00104133-003100

Community Details

Overview

  • Property has a Home Owners Association
  • $5,733 Maintenance Fee
  • Association fees include cable, common area mnt, building insurance, bldg exterior mnt, exterminating
  • 48 Units
  • Seawatch Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • RV Parking in Community

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Building Security
  • Resident Manager or Management On Site
  • Complete Accordion Shutters
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,938

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Maintenance Fee: 5733.00
  • Mandatory HOA: Yes
  • Voluntary HOA: No
  • Control Depth: 6
  • Document Count: 1
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Exterminating
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Spa, Bike Paths, Fire Hydrant, Handicap Facilities, Manager on Premises, Tennis Courts, Clubhouse
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3937.64
  • Title: Negotiable
  • Vehicle Storage: Carport, Trailer Storage, Covered Parking, RV Parking Open, Off Street Parking, Guest Parking, Open Parking, Assigned Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1983
  • Alternate Key Number: 8656696
  • Cooling Heating: Central Air
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Screened P/B
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 1602.00
  • Pre Wired: Cable
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Split Bedroom, Elevator, Walk-in Closet(s), Storage
  • Floor Number: 4.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: No Appliances
  • Specialty Rooms: Bath House, Gym
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors, Aluminum Windows
  • Total Bedrooms: 3
  • Accessibility Features: Accessible Elevator Installed, Wheelchair Ramp
  • Sq Ft Remarks: In addition, there is 400 square feet of expansive balcony/terrace with 180-degree views across the Island of Marathon

Exterior Features

  • Dockage: Other Dockage, None
  • Waterfront: Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Lighting, Water Display, Tennis Court(s), Storage, Outdoor Shower
  • Waterview: Ocean View, Harbor/Marina View, Lake View, Open Water View, Bay/Gulf View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Secured Building
  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE
  • Parcel Number: 00104133-003100
  • Lot Size: 17 acres
  • Land Size: 10 or more Acres
  • Acres: 17.00

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Oct 15, 2024
Sold by
Rodewald Denise K
Bought by
Edgewater Homes Inc
Seller's Agent
Ginger Henderson
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Monika Turek
Karem Kramer Realty (KW)
List Price
$875,000
Sold Price
$400,000
Premium/Discount to List
-$475,000
-54.29%
Views
115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
223.32%

Purchase Details

Listed on
Jan 9, 2017
Closed on
Jun 12, 2018
Sold by
Branch Banking And Trust Company
Bought by
Rodewald Denise K
Seller's Agent
Kelly Willey
Coco Plum Real Estate
Buyer's Agent
Kristen Brenner
Florida Keys Real Estate Group
List Price
$448,000
Sold Price
$225,000
Premium/Discount to List
-$223,000
-49.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%

Purchase Details

Listed on
Jan 9, 2017
Closed on
May 14, 2018
Sold by
Branch Banking And Trust Company
Bought by
Rodewald Denise K
Seller's Agent
Kelly Willey
Coco Plum Real Estate
Buyer's Agent
Kristen Brenner
Florida Keys Real Estate Group
List Price
$448,000
Sold Price
$225,000
Premium/Discount to List
-$223,000
-49.78%

Purchase Details

Closed on
Nov 23, 2016
Sold by
Callahan John T
Bought by
Branch Banking And Trust Co

Purchase Details

Closed on
May 3, 2007
Sold by
Callahan Gerald E
Bought by
The John T Callahan Trust and Callahan John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 6, 2001
Sold by
Linda Mcateer I
Bought by
Callahan Gerald E

Purchase Details

Closed on
Aug 1, 1995
Bought by
Callahan John T Trust 1/1/1989

Purchase Details

Closed on
Aug 1, 1991
Bought by
Callahan John T Trust 1/1/1989

Purchase Details

Closed on
Mar 1, 1991
Bought by
Callahan John T Trust 1/1/1989
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 Express Title Services Group
Warranty Deed $225,000 None Listed On Document
Warranty Deed $225,000 None Listed On Document
Trustee Deed $60,500 None Available
Warranty Deed -- Chicago Title Of The Fl Keys
Warranty Deed $325,000 --
Warranty Deed $125,000 --
Warranty Deed $100,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Balloon
Previous Owner $300,000 Unknown
Previous Owner $200,000 New Conventional
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Rent $4,500 0.0% --
03/11/2025 03/11/25 For Sale $1,295,000 +223.8% $808 / Sq Ft
10/11/2024 10/11/24 Sold $400,000 -30.4% $250 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/04/2024 09/04/24 Price Changed $575,000 -14.1% $359 / Sq Ft
06/30/2024 06/30/24 Price Changed $669,500 -13.0% $418 / Sq Ft
01/24/2024 01/24/24 Price Changed $769,500 -10.0% $480 / Sq Ft
01/09/2024 01/09/24 Price Changed $855,000 -2.3% $534 / Sq Ft
11/28/2023 11/28/23 For Sale $875,000 +288.9% $546 / Sq Ft
06/08/2018 06/08/18 Sold $225,000 -49.8% $140 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
01/09/2017 01/09/17 For Sale $448,000 -- $280 / 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 $3,938 $615,056 -- $615,056
2023 $3,938 $567,152 $0 $567,152
2022 $3,401 $410,862 $0 $410,862
2021 $2,629 $169,722 $0 $169,722
2020 $2,598 $169,722 $0 $169,722
2019 $2,794 $190,177 $0 $190,177
2018 $2,718 $190,177 $0 $0
2017 $3,504 $274,014 $0 $0
2016 $3,589 $274,014 $0 $0
2015 $3,595 $274,014 $0 $0
2014 $3,971 $304,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 607603

APN: 00104133-003100