NOT LISTED FOR SALE

7540 Gulfstream Blvd Marathon, FL 33050

Estimated Value: $652,998 - $728,000

2 Beds
1 Bath
816 Sq Ft
$838/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $668,500 $819 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,304/month

17 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • RV Parking in Community
  • Coral Shores High School Rated A
  • RV or Boat Parking
  • Wood Flooring

About This Home

As of December 2023

Immerse yourself in the enchantment of an old Florida charm with this delightful FL Key treehouse. While the interior exudes modest square footage, it offers a surprisingly efficient space thanks to comprehensive renovations. Ready to move in with a touch of color and sold furnished minus some exclusions and personal items. This property will take you by surprise and is an absolute gem worth exploring. The generous lot size, desirable location, and friendly neighborhood are defining factors that make this place truly exceptional. The front yard boasts a 96 ft of frontage and a large circular drive, promising ample space for your RV and other personal items.There is a convenient neighborhood boat ramp about a block away, making water access a breeze. The backyard - your personal retreat, features an exterior shed and fenced in yard fanning the flames of warm conversations around a cute little firepit area. With the ambiance further enhanced by a canopy. Keep your vehicle sheltered in the covered parking bay and enjoy extra storage space. A fenced-in yard with double swing gates provides privacy, securely tucking your boat trailer out of sight. Large side yards border each side of the property, allowing additional room for landscaping or outdoor activities. Upstairs has a 3/4 wrap-around balcony. The interior showcases a completely renovated kitchen with updated appliances. Wood floors blend seamlessly with beautifully refinished original terrazzo flooring present in each bedroom, adding a touch of vintage to the residence. A clean, original-style bathroom and plantation shutters throughout effortlessly enhance the property's old Florida charm. This property offers a blank canvas on the lower level, tantalizing your imagination with ideas for a personalized man cave, workshop, or a cozy she-shed. Location, location, location! Don't miss out on this wonderful opportunity!

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 09/23/2023

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

outside mls - FKBR

Outside Of MLS - FKBR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,977

Year Built

  • Built in 1972

Lot Details

  • 9,445 Sq Ft Lot
  • Property is zoned RM - Residential Medium

Interior Spaces

  • 816 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • French Doors

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Airstrip
  • Balcony

Utilities

  • Central Air
  • Separate Meters

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00328750-000000

Community Details

Overview

  • No Home Owners Association
  • N Marathon Shores Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Boat Ramp
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,977

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Behind the Airport
  • Mile Marker: 51.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Bike Paths, Airstrip
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4976.51
  • Vehicle Storage: Open Parking, RV Parking Open, Covered Parking, Trailer Storage, Off Street Parking, Guest Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1972
  • Alternate Key Number: 1402982
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 9445.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Bahama
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 816.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Floor: Wood, Terrazzo
  • Windows/Doors: Single Hung Windows, French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Roof: Other Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE-9
  • Parcel Number: 00328750-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.22

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2023
Closed on
Dec 7, 2023
Sold by
Goodloe Bettie
Bought by
Silva Pedro Velazquez and De Velazquez Yurany
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$659,000
Sold Price
$668,500
Premium/Discount to List
$9,500
1.44%
Views
13
Current Estimated Value
$683,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,250
Avg. Annual Appreciation
3.59%
Original Mortgage
$656,391
Outstanding Balance
$648,669
Interest Rate
7.79%
Mortgage Type
FHA
Estimated Equity
$59,174

Purchase Details

Closed on
Jun 18, 2018
Sold by
Goodloe Marine Inc
Bought by
Goodloe Benton B

Purchase Details

Closed on
Jun 1, 2018
Sold by
Goodloe Marine Inc and Goodloe Bettie
Bought by
Goodloe Benton B

Purchase Details

Listed on
May 27, 2015
Closed on
May 18, 2015
Sold by
Jpmorgan Chase Bank National Association
Bought by
Goodloe Marine Inc
Seller's Agent
Kelly Willey
Coco Plum Real Estate
Buyer's Agent
Kelly Willey
Coco Plum Real Estate
List Price
$231,000
Sold Price
$231,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%

Purchase Details

Closed on
Jan 26, 2015
Sold by
Burkhalter Laura D and Burkhalter Laura Dicken
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jan 7, 2015
Sold by
Burkhalter Laura D and Burkhalter Laura Dicken
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Oct 4, 2001
Sold by
Larry L Burkhalter M and Burkhalter M Laura D
Bought by
Burkhalter Laura D

Purchase Details

Closed on
Nov 25, 1996
Sold by
Dillon Harold E
Bought by
Burkhalter Larry L and Burkhalter Laura D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,100
Interest Rate
7.83%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 1996
Bought by
Goodloe Marine Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,100
Interest Rate
7.83%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 1, 1983
Bought by
Goodloe Marine Inc

Purchase Details

Closed on
Feb 1, 1972
Bought by
Goodloe Marine Inc
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
Silva Pedro Velazquez $668,500 None Listed On Document
Goodloe Benton B $100 None Listed On Document
Goodloe Benton B $100 None Listed On Document
Goodloe Marine Inc $231,000 Bay National Title Company
Jpmorgan Chase Bank National Association -- Attorney
Jpmorgan Chase Bank National Association -- Attorney
Burkhalter Laura D -- --
Burkhalter Larry L $128,700 --
Goodloe Marine Inc $128,600 --
Goodloe Marine Inc $125,000 --
Goodloe Marine Inc $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Pedro Velazquez $656,391
Previous Owner Dicken Laura $100,000
Previous Owner Burkhalter Larry L $50,000
Previous Owner Burkhalter Larry L $127,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2023 12/07/23 Sold $668,500 +1.4% $819 / Sq Ft
09/23/2023 09/23/23 For Sale $659,000 +185.3% $808 / Sq Ft
05/27/2015 05/27/15 Sold $231,000 0.0% $166 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $231,000 -- $166 / 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 $6,201 $480,605 $243,256 $237,349
2023 $6,201 $459,927 $313,787 $146,140
2022 $4,977 $384,144 $235,912 $148,232
2021 $4,563 $278,863 $146,586 $132,277
2020 $4,240 $244,740 $119,101 $125,639
2019 $4,190 $240,312 $114,521 $125,791
2018 $4,245 $258,317 $114,521 $143,796
2017 $4,024 $237,602 $0 $0
2016 $3,875 $211,806 $0 $0
2015 $3,491 $169,393 $0 $0
2014 -- $161,510 $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: 606742

APN: 00328750-000000