NOT LISTED FOR SALE

8403 Gulf of Mexico Blvd Unit 403 Marathon, FL 33050

Estimated Value: $914,000 - $1,250,000

2 Beds
2 Baths
2,000 Sq Ft
$2,067/mo HOA Fee

Last Sold August 23, 2024

Last sale price $1,250,000 $625 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $8,092/month

3 Days on Market

Highlights

  • Airstrip
  • Beach
  • Property fronts gulf or ocean
  • Coral Shores High School Rated A
  • Dock made with concrete
  • 1-minute walk to Curry Hammock State Park

About This Home

As of August 2024

Welcome to 8403 Gulf of Mexico Blvd #403 Marathon, Florida - an extraordinary penthouse condo with Boat Slip in the prestigious Seawatch community. This one-of-a-kind residence has been completely renovated down to the concrete, offering unparalleled luxury and sophistication that no other condo in the area can match. From the moment you step inside, you'll be captivated by the breathtaking views that surround you. The expansive windows frame stunning vistas of the Atlantic and Gulf, bringing the beauty of nature right into your living space. The condo features a unique whisky/wine room that is beautifully designed, perfect for connoisseurs and collectors. There are hard wired Lutron blinds and a dedicated hobby room provides ample space for your creative pursuits. The kitchen is a chef's dream, boasting beautiful custom cherry cabinets and top-of-the-line stainless steel appliances. Sonos speakers throughout ensure that you can enjoy high-quality sound in every room. River reclaimed Dade county pine flooring throughout. The master bedroom is a serene retreat with panoramic views that will leave you in awe. The ensuite bathroom is a masterpiece, featuring a glass shower and a luxurious soaking tub, creating a spa-like experience. Seawatch offers an array of amenities. Stay fit in the fully-equipped gym, enjoy additional storage, and take advantage of the ample space to store your boat and RV. Nature lovers will delight in the garden filled with herbs and fruit trees, while relaxation is guaranteed at the poolside cabana, resort-style pool, and jacuzzi. Additionally, this penthouse comes with a 40ft boat slip, slip number 20, offering easy access to the water and ocean, making it a boater's paradise. The adjacent unit is also available if you're looking for an expanded unit, guest unit or mother in law suite Experience luxury living where every detail has been meticulously crafted to offer you the ultimate in comfort and style This penthouse condo has it all

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 08/06/2024

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Lynn Lucas

Berkshire Hathaway HomeServices Keys Real Estate License #653995

Berkshire Hathaway HomeServices Keys Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,162

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Fruit Trees

HOA Fees

  • $2,067 Monthly HOA Fees

Property Views

  • Ocean
  • Gulf
  • Harbor

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Ceiling Fan
  • Sliding Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Parking Space
  • Covered Parking
  • Electric Gate
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • Airstrip
  • Seawall
  • Boat Slip
  • Dock made with concrete
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00104131-003100

Community Details

Overview

  • Association fees include exterminating, security, common area mnt, building insurance, bldg exterior mnt
  • Seawatch Subdivision

Amenities

  • Clubhouse

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Building Security
  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,162

Year Built

Built in 1983 | Remodeled

Lot Details

0

HOA Fees

$2,067 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • Additional Assessor Parcel Number 1: 00104132-002000
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 6199.79
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 40
  • Dockage Seawall: Concrete
  • Fee Includes: Exterminating, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Bike Paths, Airstrip, Spa, Other Area Features, Beach, Manager on Premises, Tennis Courts, Clubhouse
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2162.39
  • Vehicle Storage: Assigned Parking, Trailer Storage, Covered Parking, Off Street Parking, Guest Parking, Open Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1983
  • Alternate Key Number: 8628706
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: No Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Other
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 2000.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Wine Cooler, Microwave, Oven, Range, Refrigerator
  • Floor: Tile, Marble
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2
  • Sq Ft Remarks: add in the porch that was enclosed approximate

Exterior Features

  • Dockage: Boat Slip, Basin
  • Waterfront: Bay Front, Open Water, Canal Front, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Tennis Court(s), Storage, Privacy Wall/Fence, Fruit Tree(s)
  • Roof: Concrete Roof
  • Waterview: Ocean View, Harbor/Marina View, Open Water View, Bay/Gulf View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Secured Building
  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE-10
  • Parcel Number: 00104131-003100
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Aug 23, 2024
Sold by
Schulz James and Schulz Deborah A
Bought by
Mclaughlin Patrick and Mclaughlin April
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Lynn Lucas
Berkshire Hathaway HomeServices Keys Real Estate
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%
Views
2
Current Estimated Value
$1,106,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$143,160
Avg. Annual Appreciation
-10.75%

Purchase Details

Closed on
Dec 28, 2016
Sold by
Schulz Deborah A and Schulz James
Bought by
Schulz Deborah A and Schulz James

Purchase Details

Closed on
Jul 19, 2000
Sold by
Vito Of The Florida Keys Inc
Bought by
Schulz Deborah A

Purchase Details

Closed on
Dec 1, 1992
Bought by
Schulz Deborah A

Purchase Details

Closed on
Jun 1, 1991
Bought by
Schulz Deborah A

Purchase Details

Closed on
Mar 1, 1982
Bought by
Schulz Deborah A
Source: Public Records

Range of Values:

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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
Mclaughlin Patrick $1,250,000 None Listed On Document
Schulz Deborah A -- Attorney
Schulz Deborah A $410,000 --
Schulz Deborah A $48,000 --
Schulz Deborah A $31,500 --
Schulz Deborah A $283,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $1,250,000 -3.8% $625 / Sq Ft
08/06/2024 08/06/24 For Sale $1,299,000 -- $650 / 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 $2,162 $220,370 -- --
2023 $2,162 $213,952 $0 $0
2022 $2,121 $207,721 $0 $0
2021 $2,115 $201,671 $0 $201,671
2020 $2,088 $201,671 $0 $201,671
2019 $2,325 $226,349 $0 $226,349
2018 $2,254 $226,349 $0 $0
2017 $2,699 $274,014 $0 $0
2016 $2,772 $274,014 $0 $0
2015 $2,782 $274,014 $0 $0
2014 $3,553 $304,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Williams

    Seller's Agent in 2024

    Sam Williams

    Coldwell Banker Schmitt Real Estate Co.

    (305) 289-6532

    598 Total Sales

    Sam Williams
    Section Image
  • Lynn Lucas

    Buyer's Agent in 2024

    Lynn Lucas

    Berkshire Hathaway HomeServices Keys Real Estate

    (305) 393-0559

    166 Total Sales

    Lynn Lucas
    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 611010

APN: 00104131-003100

Florida Monroe County Marathon 33050

8403 Gulf of Mexico Blvd Unit 403, Marathon, FL

This home is located at 8403 Gulf of Mexico Blvd Unit 403, Marathon, FL 33050 since 06 August 2024 and is currently estimated at $1,106,840, approximately $553 per square foot. This property was built in 1983. 8403 Gulf of Mexico Blvd Unit 403 is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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