NOT LISTED FOR SALE

Estimated Value: $2,099,000 - $3,029,000

3 Beds
3 Baths
2,600 Sq Ft
$968/Sq Ft Est. Value

Last Sold September 26, 2023

Last sale price $3,005,000 $1,156 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $14,554/month

295 Days on Market

Highlights

  • Airstrip
  • Ocean Front
  • Dock made with concrete
  • Coral Shores High School Rated A
  • Boat Ramp
  • Boat Lift

About This Home

As of September 2023

Point lot on Shelter Bay with 276 ft of useable frontage, 55ft cut in slip, 150 ft of covered porch overlooking Shelter bay, Large 9 ft deep Pool with SLIDE, SPLASHPAD, and water feature, POOL TABLE, Ice Maker, All the makings of your favorite Happy Hour spot overlooking the turquoise water of Shelter Bay, Garage, Storage, Elevator, Concrete structure, Not enough can be said here, Downstairs enclosure has garage and utility area enclosure, Ample parking, Garage access's upstairs of home via elevator. The space here is a must see. 7540 sf under roof between covered porches, interior, garage, utility area, storage, outdoor entertainment area, you've got an entire Keys experience without having to leave property, Access to both ocean and gulf, 5 miles to sombrero light with easy access via a straight shot to and from your dock. The measurements are approx. and based on property data card.

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 11/22/2022

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Mark Gable

Engel & Volkers Marathon License #3472303

Engel & Volkers Marathon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,591

Year Built

  • Built in 1977

Lot Details

  • 0.39 Acre Lot
  • Ocean Front
  • Property is zoned R-1A - Key Colony Single Family

Property Views

  • Ocean
  • Harbor

Home Design

  • Metal Roof

Interior Spaces

  • 2,600 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Doors
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Garage
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Airstrip
  • Seawall
  • Boat Lift
  • Dock made with concrete
  • Tennis Courts
  • Balcony

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00075800-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 1St Addn Amd Plat Subdivision

Recreation

  • Boat Ramp
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,591

Year Built

Built in 1977

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
  • Control Depth: 135
  • Dockage Dock: Concrete
  • Dockage Dock Length: 300
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Bike Paths, Airstrip, Tennis Courts
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 13591.33
  • Vehicle Storage: Garage, Trailer Storage, Covered Parking, Off Street Parking, Guest Parking, Open Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1977
  • Alternate Key Number: 1081396
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 17011.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2600.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Ocean View, Harbor/Marina View, Open Water View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE-8
  • Parcel Number: 00075800-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.39

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Partially

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2004
Sold by
Gessell Frank C and Gessell Helen L
Bought by
Gessell Francis C and Gessell Helen L
Current Estimated Value
$2,515,551

Purchase Details

Closed on
Apr 15, 2003
Sold by
Smith Jeremiah R
Bought by
Gessell Frank C and Gessell Helen L

Purchase Details

Closed on
Oct 2, 1998
Sold by
Cerchio Gabriel G and Cerchio Patricia L
Bought by
Smith Jeremiah R

Purchase Details

Closed on
Jul 1, 1988
Bought by
Gessell Francis C

Purchase Details

Closed on
Feb 1, 1975
Bought by
Gessell Francis C
Source: Public Records

Range of Values:

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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
Gessell Francis C -- --
Gessell Frank C $1,040,000 --
Smith Jeremiah R $765,000 --
Gessell Francis C $500,000 --
Gessell Francis C $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilman John D $500,000
Closed -- $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2023 09/26/23 Sold $3,005,000 -7.5% $1,156 / Sq Ft
05/30/2023 05/30/23 For Sale $3,250,000 0.0% $1,250 / Sq Ft
05/30/2023 05/30/23 Price Changed $3,250,000 +8.2% $1,250 / Sq Ft
03/10/2023 03/10/23 Off Market $3,005,000 -- --
02/02/2023 02/02/23 Price Changed $3,450,000 -6.1% $1,327 / Sq Ft
11/22/2022 11/22/22 For Sale $3,674,900 -- $1,413 / 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 $15,235 $2,488,669 $1,566,220 $922,449
2023 $15,235 $1,742,922 $0 $0
2022 $14,314 $1,633,312 $0 $0
2021 $13,591 $1,353,970 $0 $0
2020 $12,897 $1,329,395 $0 $0
2019 $12,629 $1,300,466 $0 $0
2018 $12,152 $1,300,744 $0 $0
2017 $11,694 $1,282,141 $0 $0
2016 $12,498 $1,362,235 $0 $0
2015 $12,284 $1,330,389 $0 $0
2014 $12,149 $1,276,986 $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: 603186

APN: 00075800-000000