NOT LISTED FOR SALE

7707 Gulfstream Blvd Marathon, FL 33050

Estimated Value: $2,585,000 - $3,112,000

4 Beds
3.5 Baths
3,862 Sq Ft
$743/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $2,725,000 $706 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $16,782/month

73 Days on Market

Highlights

  • Airstrip
  • Ocean View
  • Concrete Pool
  • Coral Shores High School Rated A
  • Boat Ramp
  • RV or Boat Parking

About This Home

As of February 2023

A sprawling 1.44 acres located in one of Marathon's most sought-after neighborhoods. 3beds 2.5 baths in main house and a 1bed 1bath guest cottage. The entire property has been raised including the pool. The entire property features 11,841 sf between its upstairs, downstairs, porches, 5 garage bays and its easy access widows walk with views of the entire city, Atlantic and Gulf. Privacy wall encompassing entire property, Chicago brick driveways and meandering pathways through the lush rain forest like landscaping with ponds, waterfalls, sitting areas and shade yes shade. A Ranch style home with all a/c living space on 1 level, 2010 sf ft of expansive wrap around porch all nestled within the trees with its Key West inspired architecture. There are 2 garage bays directly under included in the 3494 sf of lower-level enclosure, mancave, storage, etc, a very desirable space that will impress beyond anything you've seen in the Keys. Walk out the kitchen to your coral wrapped beach entry pool and grotto with soothing waterfall that is the entry to your newly built 1bed 1bath guest cottage. Guests can stay with all the amenities you came to the keys for completely detached from the main house. Follow the Chicago brick driveway up to the 1600 sf 3 bay garage built above flood and with a 40k gallon cistern underneath that can also be utilized to irrigate the property etc. The inside features a luxury chefs' kitchen, built by a chef and for a chef complete with commercial grade pass through fridge to butlers pantry prep area, gas stove, teak butcher block counters, multiple sinks, warmers, ice makers, pot filler on stove, and more. Luxurious, grand master bedroom with two massive walk-in closets, walk in shower, and soaking tub with high ceilings. Property is currently an active vacation rental do not disturb tenants shown by appointment only.

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 11/09/2022

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Rick Lively

Coldwell Banker Schmitt R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,756

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 1.44 Acre Lot
  • Privacy Fence
  • Fenced
  • Property is zoned RM-1 - Residential Medium - 1

Property Views

  • Ocean
  • Gulf
  • Harbor

Home Design

  • Metal Roof

Interior Spaces

  • 3,862 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • 4 Car Garage
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Airstrip
  • Exterior Lighting
  • Outdoor Storage
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00329540-000000

Community Details

Overview

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

Recreation

  • Boat Ramp
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,756

Year Built

Built in 1978 | Remodeled

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: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5756.30
  • Vehicle Storage: Garage, RV Parking Open, Covered Parking, Trailer Storage, Off Street Parking, Guest Parking, Open Parking, Attached
  • Vehicle Storage Cars: 4+
  • Year Built: 1978
  • Alternate Key Number: 1403741
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 62850.00
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Shutters: Other
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 3862.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Pantry, Walk-in Closet(s)
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Wine Cooler, Microwave, Oven, Range, Refrigerator
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Chickee Hut, Storage, Privacy Wall/Fence, Lighting, Fencing
  • Roof: Metal Roof
  • Waterview: Ocean View, Harbor/Marina View, Open Water View, Bay/Gulf View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Propane, Elect Separate Meter, Water Separate Meter, Municipal Sewer
  • Heating: Propane Stove

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE-, AE-10
  • Parcel Number: 00329540-000000
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.44

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Feb 27, 2023
Sold by
Chapman Gregg M
Bought by
L & E Properties Llc
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Rick Lively
Coldwell Banker Schmitt R.E.
List Price
$2,949,000
Sold Price
$2,725,000
Premium/Discount to List
-$224,000
-7.6%
Views
46
Current Estimated Value
$2,868,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,034
Avg. Annual Appreciation
1.73%

Purchase Details

Closed on
Nov 9, 2006
Sold by
Hintz Steven J and Hintz Julie
Bought by
Chapman Gregg M and Chapman Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,932
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2004
Sold by
Holding Mark A and Holding Rhonda J
Bought by
Chapman Gregg M and Chapman Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,300
Interest Rate
1.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 20, 2002
Sold by
Mark A Holding M and Rhonda J Holding M
Bought by
Hunt John H and Unt Kathryn K

Purchase Details

Closed on
Feb 20, 1996
Sold by
Helms Lewis A and Helms W
Bought by
Hoover Timothy A and Hoover Donna M

Purchase Details

Closed on
Nov 1, 1991
Bought by
Chapman Gregg M and Chapman Cynthia L

Purchase Details

Closed on
Dec 1, 1977
Bought by
Chapman Gregg M and Chapman Cynthia L
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
L & E Properties Llc $2,725,000 --
Chapman Gregg M $325,000 Attorney
Chapman Gregg M $599,000 --
Hunt John H $39,500 --
Hoover Timothy A $149,000 --
Chapman Gregg M $189,000 --
Chapman Gregg M $14,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chapman Gregg M $259,932
Previous Owner Chapman Gregg M $419,300
Previous Owner Hoover Timothy A $27,848
Previous Owner Hoover Timothy A $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2023 02/27/23 Sold $2,725,000 -7.6% $706 / Sq Ft
11/09/2022 11/09/22 For Sale $2,949,000 -- $764 / Sq Ft
Source: Marathon and Lower Keys Association 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
2025 $22,663 $2,322,847 $523,698 $1,799,149
2024 $17,974 $2,327,388 $523,698 $1,803,690
2023 $17,974 $1,767,718 $624,258 $1,143,460
2022 $17,661 $1,706,087 $712,091 $993,996
2021 $11,050 $999,785 $0 $0
2020 $10,234 $985,982 $0 $0
2019 $9,621 $922,479 $0 $0
2018 $9,139 $905,279 $0 $0
2017 $8,976 $886,661 $0 $0
2016 $7,234 $680,462 $0 $0
2015 $7,179 $675,732 $0 $0
2014 $7,295 $670,369 $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: 603062

APN: 00329540-000000

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