NOT LISTED FOR SALE

651 49th St Marathon, FL 33050

Estimated Value: $754,000 - $1,444,000

3 Beds
2 Baths
1,465 Sq Ft
$795/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $595,000 $406 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $7,050/month

10 Days on Market

Highlights

  • Home fronts a canal
  • No HOA
  • Impact Glass
  • Coral Shores High School Rated A
  • Jalousie or louvered window
  • Patio

About This Home

As of March 2021

Cute ground level duplex, 2 bedroom, 1 bathroom on one side, and 1 bedroom 1 bathroom on the other side. Deep water dockage, beautiful outdoor space with Pergola, 2 sheds, metal roof, banana bushes and irrigation.

Last Agent to Sell the Property

Jessica Borraccino

Coldwell Banker Schmitt Real Estate Co. License #3270887 Listed on: 01/08/2021

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Christina Gargan

Coldwell Banker Schmitt Key Largo

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,449

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 7,000 Sq Ft Lot
  • Home fronts a canal

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Entry on the 1st floor
  • Metal Roof

Interior Spaces

  • 1,465 Sq Ft Home
  • Ceiling Fan
  • Jalousie or louvered window
  • Canal Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00324870-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Marameade Amd Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,449

Year Built

Built in 1971 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock Length: 55
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Old Town East (25th to Sombrero)
  • Mile Marker: 49.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4449.43
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking, Trailer Storage
  • Year Built: 1971
  • Alternate Key Number: 1398799
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Heat Pump
  • Lot Sq Ft: 7000.00
  • Porch Balcony: Patio
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1465.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Range, Oven, Microwave
  • Windows/Doors: Impact Rstnce Window, Jalousie Windows
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00324870-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2024
Sold by
Medina Saud and Medina Belkis
Bought by
Bravo Zulu Retreat Inc
Current Estimated Value
$1,164,333

Purchase Details

Closed on
Sep 22, 2023
Sold by
Dingle Sander and Dingle Jacquelyn
Bought by
Medina Saul and Medina Belkis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2021
Closed on
Mar 31, 2021
Sold by
Ericsson Neil and Duffy Scarlett
Bought by
Dingle Sander and Dingle Jacquelyn
Seller's Agent
Jessica Borraccino
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Christina Gargan
Coldwell Banker Schmitt Key Largo
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.28%
Original Mortgage
$446,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 1997
Sold by
Drill Walter
Bought by
Ericsson Neil and Duffy Scarlett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
7.98%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 1994
Bought by
Duffy Scarlett

Purchase Details

Closed on
Apr 1, 1993
Bought by
Duffy Scarlett

Purchase Details

Closed on
Mar 1, 1991
Bought by
Duffy Scarlett

Purchase Details

Closed on
Feb 1, 1976
Bought by
Duffy Scarlett
Source: Public Records

Range of Values:

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Average Value
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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
Bravo Zulu Retreat Inc -- None Listed On Document
Medina Saul $1,080,000 None Listed On Document
Dingle Sander $595,000 Coral Reef Title Company
Ericsson Neil $157,500 --
Duffy Scarlett $185,000 --
Duffy Scarlett $175,000 --
Duffy Scarlett $225,000 --
Duffy Scarlett $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Medina Saul $810,000
Previous Owner Dingle Sander $446,250
Previous Owner Duffy Scarlett $93,652
Previous Owner Ericsson Neil $106,000
Previous Owner Ericsson Neil $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $595,000 -0.7% $406 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $599,000 -- $409 / 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 $9,050 $900,531 $589,050 $311,481
2023 $9,050 $930,750 $658,350 $272,400
2022 $7,702 $614,097 $381,150 $232,947
2021 $5,103 $410,023 $0 $0
2020 $4,904 $416,933 $0 $0
2019 $4,449 $330,248 $0 $0
2018 $4,189 $317,982 $0 $0
2017 $4,072 $322,981 $0 $0
2016 $3,851 $299,196 $0 $0
2015 $3,618 $254,386 $0 $0
2014 $3,789 $241,285 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594092

Florida Keys Board of REALTORS®

APN: 00324870-000000