NOT LISTED FOR SALE

8403 Marina Villas Dr Marathon, FL 33050

Estimated Value: $909,000 - $1,217,000

2 Beds
2 Baths
-- Sq Ft
$897/mo HOA Fee

Last Sold October 24, 2016

Last sale price $750,000

Est. 38% increase in value since last sale

Current estimated payment $7,227/month

115 Days on Market

Highlights

  • Ocean Front
  • Boat Ramp
  • Furnished
  • Coral Shores High School Rated A
  • Beach
  • 1-minute walk to Curry Hammock State Park

About This Home

As of October 2016

Exquisite Penthouse Condo. 2 bed, 2 full baths with over 1300 square feet of living space overlooking the beautiful blue waters of both the Atlantic Ocean and Bay. Amazing marina views to observe yachts and sailboats passing by on a relaxing afternoon. This luxurious condo has been completely remodeled with high end finishes including both GE Profile and Bosch stainless steel appliances...

Last Agent to Sell the Property

Margaret Crowley

Florida Keys Realty Group LLC License #3209961 Listed on: 04/29/2016

Last Buyer's Agent

Margaret Crowley

Florida Keys Realty Group LLC License #3209961 Listed on: 04/29/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,617

Year Built

  • Built in 1990

Lot Details

  • 10,062

HOA Fees

  • $897 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 4-Story Property
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Ocean Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Open Parking

Outdoor Features

  • Screened Balcony
  • Outdoor Storage

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 00378380-008403

Community Details

Overview

  • Association fees include cable, common area mnt, building insurance, exterminating
  • Marina Vil Hwks Cay Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction: YES

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,617

Year Built

Built in 1990

Lot Details

0

HOA Fees

$897 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • Association Fee: 897.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Exterminating
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Duck Key
  • Limited Representation: No
  • Mile Marker: 61.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Spa, Beach, Fire Hydrant, Manager on Premises, Tennis Courts, Community Boat Ramp, Community Dockage
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4616.90
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Covered Parking
  • Year Built: 1990
  • Alternate Key Number: 8766424
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Porch Balcony: Screened P/B
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Walk-in Closet(s), Storage, Granite Counter Top, Split Bedroom, Wet Bar
  • Floor Number: 4.00
  • Appliances: Washer, Wine Cooler, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00378380-008403
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2021
Sold by
Bartlett David J and Bartlett Sue E
Bought by
Sealing Edward L and Sealing Alice C
Current Estimated Value
$1,036,808

Purchase Details

Listed on
Apr 29, 2016
Closed on
Oct 26, 2016
Sold by
Atlas Russell D and Russell D Atlas Second Amended & Restate
Bought by
Bartlett David J and Bartlett Sue E
Seller's Agent
Margaret Crowley
Florida Keys Realty Group LLC
Buyer's Agent
Margaret Crowley
Florida Keys Realty Group LLC
List Price
$899,000
Sold Price
$750,000
Premium/Discount to List
-$149,000
-16.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%

Purchase Details

Listed on
Jun 8, 2015
Closed on
Oct 1, 2015
Sold by
Defrancis David P and Defrancis Angelia S
Bought by
Atlas Russell D and Russell D Atlas Second Amended & Restate
Seller's Agent
Christopher Eversman
Florida Keys Realty Group LLC
Buyer's Agent
Christopher Eversman
Florida Keys Realty Group LLC
List Price
$559,000
Sold Price
$540,000
Premium/Discount to List
-$19,000
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.33%

Purchase Details

Closed on
Jan 13, 2000
Sold by
Sullivan Jeremiah L
Bought by
Defrancis David P and Defrancis Angelia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1991
Bought by
Atlas Russell D Declaration Of Trust 4/30/201
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
Sealing Edward L $860,000 Attorney
Bartlett David J $750,000 Attorney
Atlas Russell D $540,000 Attorney
Defrancis David P $285,000 --
Atlas Russell D Declaration Of Trust 4/30/201 $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Defrancis David P $150,000
Previous Owner Defrancis David P $400,000
Previous Owner Defrancis David P $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2016 10/24/16 Sold $750,000 -16.6% --
08/22/2016 08/22/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $899,000 +66.5% --
10/02/2015 10/02/15 Sold $540,000 -3.4% $389 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $559,000 -- $403 / 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 $8,683 $929,062 -- $929,062
2023 $8,683 $951,137 $0 $951,137
2022 $7,690 $765,703 $0 $765,703
2021 $7,581 $707,315 $0 $707,315
2020 $7,653 $708,185 $0 $708,185
2019 $7,244 $663,676 $0 $663,676
2018 $7,089 $663,676 $0 $0
2017 $6,784 $637,729 $0 $0
2016 $4,813 $457,667 $0 $0
2015 $4,617 $416,650 $0 $0
2014 $4,560 $416,650 $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: 570728

APN: 00378380-008403