NOT LISTED FOR SALE

651-655 49th Street Ocean St Marathon, FL 33050

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

3 Beds
2 Baths
1,402 Sq Ft
$830/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $1,080,000 $770 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,050/month

78 Days on Market

Highlights

  • Spa
  • RV or Boat Parking
  • Home fronts a canal
  • Coral Shores High School Rated A
  • RV Parking in Community
  • Furnished

About This Home

As of September 2023

A MUST SEE. Exceptional ground level in move-in condition & rental ready. Fabulous outdoor canal front features: deep water dockage, 70' seawall, 50' dock, putting green, gazebo, shed w/bait freezer, bar area, loads of outdoor living areas, fenced, half circle drive & more! This legal non-conforming duplex is currently being used as a single family home & includes 2 building rights. Inquire for details. Comes furnished. Well maintained. Available upon request Rental Pro Forma. Call Today. Easy to show. B&BATVAI

Last Agent to Sell the Property

Richard Phillips

Coldwell Banker Schmitt Real Estate Co. License #6502322908 Listed on: 02/27/2023

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Ewa Schwarz

LoKation Real Estate License #3054704

LoKation Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,702

Year Built

  • Built in 1971

Lot Details

  • 7,000 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Sprinkler System

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 1,402 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Jalousie or louvered window
  • Shutters
  • Blinds
  • French Doors
  • Storage
  • Canal Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Open Parking
  • RV or Boat Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Seawall
  • Exterior Lighting
  • Gazebo
  • Shed

Location

  • Ground Level

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • No Home Owners Association
  • Marameade Amd Subdivision
  • RV Parking in Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,702

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock Length: 50
  • Dockage Seawall: Concrete
  • Document Count: 3
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 7701.63
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Covered Parking, RV Parking Open
  • Year Built: 1971
  • Alternate Key Number: 1398799
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Lot Sq Ft: 7000.00
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1402.00
  • Pre Wired: Satellite
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Storage, Split Bedroom, Wet Bar
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Ice Machine, Freezer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Concrete
  • Specialty Rooms: Laundry Room, Other
  • Windows/Doors: Jalousie Windows, Impact Rstnce Window, French Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Sprinkler System, Shed, Outdoor Shower, Lighting, Hot Tub, Gazebo
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Elect Separate Meter, Cable Available, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00324870-000000
  • Lot Size: 0.16
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

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

Listed on
Feb 27, 2023
Closed on
Sep 22, 2023
Sold by
Dingle Sander and Dingle Jacquelyn
Bought by
Medina Saul and Medina Belkis
Seller's Agent
Richard Phillips
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Ewa Schwarz
LoKation Real Estate
List Price
$1,425,000
Sold Price
$1,080,000
Premium/Discount to List
-$345,000
-24.21%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$810,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2021
Sold by
Ericsson Neil and Duffy Scarlett
Bought by
Dingle Sander and Dingle Jacquelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
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
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
09/22/2023 09/22/23 Sold $1,080,000 -8.9% $770 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
04/24/2023 04/24/23 Price Changed $1,185,000 -15.1% $845 / Sq Ft
03/14/2023 03/14/23 Price Changed $1,395,000 -2.1% $995 / Sq Ft
02/27/2023 02/27/23 For Sale $1,425,000 -- $1,016 / 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 $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

  • R

    Seller's Agent in 2023

    Richard Phillips

    Coldwell Banker Schmitt Real Estate Co.

    (248) 505-4058

    59 Total Sales

    Richard Phillips
    Section Image
  • Ewa Schwarz

    Buyer's Agent in 2023

    Ewa Schwarz

    LoKation Real Estate

    (305) 781-5704

    152 Total Sales

    Ewa Schwarz
    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 604348

APN: 00324870-000000

Florida Monroe County Marathon 33050

651-655 49th Street Ocean St, Marathon, FL

This home is located at 651-655 49th Street Ocean St, Marathon, FL 33050 since 27 February 2023 and is currently estimated at $1,164,333, approximately $830 per square foot. This property was built in 1971. 651-655 49th Street Ocean St 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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