NOT LISTED FOR SALE

7548 Gulfstream Blvd Marathon, FL 33050

Estimated Value: $2,566,000 - $3,754,000

3 Beds
2 Baths
2,298 Sq Ft
$1,409/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $2,500,000 $1,088 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $19,101/month

4 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Dock made with wood
  • In Ground Pool
  • Coral Shores High School Rated A
  • Boat Lift
  • Wood Flooring

About This Home

As of May 2021

Here is your opportunity to own a move-in ready Direct Open Water Estate located on the Gulf of Mexico in one of Marathon's most popular neighborhoods. Enjoy entertaining and sunsets from one of the many spacious outdoor living areas. This is an all concrete, stilted home with a standing seam metal roof. There is 2298 square feet of living space with 3 beds and 2 baths and there is an additional 1196 square footage of storage and game area on the lower level and a 3 car garage. French doors open up from the lower level onto a beautiful patio with a large swimming pool surrounding by tropical gardens. The home has a rock jetty that is deeded to his parcel which offers unforgettable sunset views, protected boat dockage, a natural kayak launch, and a horseshoe pit.

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 04/08/2021

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Jamie Engel

Coldwell Banker Schmitt Islamorada License #3125869

Coldwell Banker Schmitt Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,088

Year Built

  • Built in 1983

Lot Details

  • 0.35 Acre Lot
  • Property fronts gulf or ocean
  • Home fronts a canal
  • Privacy Fence
  • Property is zoned RM - Residential Medium

Parking

  • 4 Parking Spaces

Home Design

  • Metal Roof

Interior Spaces

  • 2,298 Sq Ft Home
  • Ceiling Fan
  • Jalousie or louvered window
  • Shutters
  • Sliding Doors
  • Workshop
  • Utility Room
  • Gulf Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower
  • Fiberglass Pool

Outdoor Features

  • Boat Lift
  • Dock made with wood
  • Balcony
  • Screened Patio
  • Outdoor Storage

Utilities

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

Community Details

  • No Home Owners Association
  • N Marathon Shores Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00328570-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,088

Year Built

Built in 1983

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
  • Dockage Dock: Wood
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 8088.38
  • Vehicle Storage Cars: 4+
  • Year Built: 1983
  • Alternate Key Number: 1402796
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 13788.00
  • Pool Info: Fiberglass, In Ground
  • Porch Balcony: Open Porch/Balcony, Screened Patio
  • Shutters: Accordion, Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2298.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: No
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Refrigerator, Oven, Microwave
  • Floor: Tile, Wood
  • Specialty Rooms: Utility Room, Workshop
  • Windows/Doors: Jalousie Windows, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front, Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Hot Tub, Storage, Privacy Wall/Fence, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE 10
  • Parcel Number: 00328570-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.35

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 27, 2021
Sold by
Eldridge Loyal A and Eldridge Barbara B
Bought by
Oliva Jose R and Oliva Jeanne
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Jamie Engel
Coldwell Banker Schmitt Islamorada
List Price
$2,495,000
Sold Price
$2,500,000
Premium/Discount to List
$5,000
0.2%
Current Estimated Value
$3,236,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$736,811
Avg. Annual Appreciation
5.76%
Original Mortgage
$1,750,000
Outstanding Balance
$1,595,930
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$1,640,881

Purchase Details

Closed on
May 13, 1994
Sold by
Madonna John J and Madonna Margaret B
Bought by
Eldridge Loyal A and Eldridge Barbara B

Purchase Details

Closed on
Mar 1, 1992
Bought by
Eldridge Loyal A and Eldridge Barbara B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oliva Jose R $2,500,000 Attorney
Eldridge Loyal A -- --
Eldridge Loyal A $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliva Jose R $1,750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $2,500,000 +0.2% $1,088 / Sq Ft
04/08/2021 04/08/21 For Sale $2,495,000 -- $1,086 / 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
2025 $26,116 $3,135,231 $2,190,672 $944,559
2024 $24,747 $3,207,970 $2,190,672 $1,017,298
2023 $24,747 $3,031,600 $2,379,251 $652,349
2022 $21,317 $2,209,822 $1,305,896 $903,926
2021 $7,800 $776,398 $0 $0
2020 $8,088 $765,679 $0 $0
2019 $7,925 $748,465 $0 $0
2018 $7,535 $734,510 $0 $0
2017 $7,401 $719,403 $0 $0
2016 $7,469 $704,607 $0 $0
2015 $7,411 $699,709 $0 $0
2014 $7,532 $694,156 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595579

Florida Keys Board of REALTORS®

APN: 00328570-000000