NOT LISTED FOR SALE

71 Coco Plum Dr Marathon, FL 33050

3 Beds
4.5 Baths
5,501 Sq Ft
1.71 Acres

Last Sold August 05, 2020

Last sale price $5,000,000 $909 Per Sq Ft

140 Days on Market

Highlights

  • Dock made with wood
  • Boat Slip
  • 1.71 Acre Lot
  • Coral Shores High School Rated A
  • Waterfront
  • Island Location

About This Home

As of August 2020

Wow! This is a private Island Oasis in Marathon, on Bonefish Bay. First time offered for sale in 25 years. The island has 1.75 Acres w/ approx. 1,200 lineal ft of deep draft boat dockage. 27 wet slips permitted, each with electric meter. Can accommodate up to 110' yachts. Also has boat ramp. Gorgeous 4,500 sf. single family waterfront 3bd/2.5 ba home is solid CBS/concrete slab & ceiling construction w/ Generator. 2 market rate RES units recognized. 3 Buildings, Men's/Women's shower room & Storage building. AE Flood Zone. Partial Baybottom owned & other leased from State. Connected to CoCoPlum Dr. with private gated entrance & 30+ parking spaces. Zoning is MU, Mixed Use allows for many commercial uses incl. Multi Unit Residential, Yacht Club & Marina, Boat storage & racks, and much more

Last Agent to Sell the Property

Curtis A. Skomp, CCIM

RE/MAX All Keys Real Estate License #3350136 Listed on: 03/12/2020

RE/MAX All Keys Real Estate

Co-Listed By

Greg Dully

RE/MAX All Keys Real Estate License #3420625

Last Buyer's Agent

Casey Elliott

Key Colony Beach Realty License #SL3359359

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $15,070

Year Built

  • Built in 1959

Lot Details

  • 1.71 Acre Lot
  • Waterfront
  • Property is zoned MU - Mixed Use Commercial Mixed Use

Interior Spaces

  • 5,501 Sq Ft Home
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Boat Slip
  • Dock made with wood

Additional Features

  • Island Location
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00363440-000000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Coco Plum Subdivision

Pet Policy

  • Pets Allowed

Property Details

Property Type

Other

Est. Annual Taxes

$15,070

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Off Shore Island
  • Additional Assessor Parcel Number 1: 00363440-000000
  • Additional Assessor Parcel Number 2: 00100250-000000
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • Fee Includes: Other
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Coco Plum
  • Mile Marker: 54.60
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: Yes
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 15070.00
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1959
  • Alternate Key Number: 1117099
  • Building Style: Other Bldg Style
  • Lot Sq Ft: 76230.00
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 5501.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Appliances Other: YES
  • Total Bedrooms: 3
  • Sq Ft Remarks: Total of 3 buildingsSingle family home is 4,515 sf. Boat house is 612 sf. & 384 sf. bathhouse

Exterior Features

  • Dockage: Boat Slip
  • Waterfront: Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.71

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Aug 17, 2020
Sold by
Sue Demaras Elizabeth
Bought by
White Marlin Resort & Marina L
Seller's Agent
Curtis A. Skomp, CCIM
RE/MAX All Keys Real Estate
Buyer's Agent
Casey Elliott
Key Colony Beach Realty
List Price
$6,500,000
Sold Price
$5,000,000
Premium/Discount to List
-$1,500,000
-23.08%

Purchase Details

Listed on
Mar 12, 2020
Closed on
Aug 3, 2020
Sold by
Demaras Elizabeth Sue
Bought by
White Marlin Resort & Marina Llc
Seller's Agent
Curtis A. Skomp, CCIM
RE/MAX All Keys Real Estate
Buyer's Agent
Casey Elliott
Key Colony Beach Realty
List Price
$6,500,000
Sold Price
$5,000,000
Premium/Discount to List
-$1,500,000
-23.08%

Purchase Details

Closed on
Mar 15, 2016
Sold by
Demaras Elizabeth Sue
Bought by
Johnson Shannon Ketty and Hall Edward B

Purchase Details

Closed on
Feb 25, 2005
Sold by
Demaras Elizabeth Sue
Bought by
Demaras Elizabeth Sue

Purchase Details

Closed on
Dec 14, 1994
Sold by
S R T C Inc
Bought by
Demaras Victor and Demaras Sue Elizabeth

Purchase Details

Closed on
Sep 1, 1989
Bought by
Demaras Elizabeth Sue L and Demaras E

Purchase Details

Closed on
Jun 1, 1985
Bought by
Demaras Elizabeth Sue L and Demaras E
Source: Public Records
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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
White Marlin Resort & Marina L -- None Listed On Document
White Marlin Resort & Marina Llc $5,000,000 Florida Title And Trust Llc
Johnson Shannon Ketty -- None Available
Demaras Elizabeth Sue -- --
Demaras Victor -- --
Demaras Elizabeth Sue L -- --
Demaras Elizabeth Sue L $300,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2020 08/05/20 Sold $5,000,000 -16.5% $909 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
06/19/2020 06/19/20 Price Changed $5,990,000 -7.8% $1,089 / Sq Ft
03/12/2020 03/12/20 For Sale $6,500,000 -- $1,182 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2020 $4,057 $588,841 $497,309 $91,532
2019 -- $500,384 $407,635 $92,749
2018 -- $254,007 $169,410 $84,597
2017 -- $268,582 $0 $0
2016 -- $264,287 $0 $0
2015 -- $230,835 $0 $0
2014 -- $73,619 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590342

Florida Keys Board of REALTORS®

APN: 00363440-000000