NOT LISTED FOR SALE

86 Pelican Rd Marathon, FL 33050

Estimated Value: $1,879,000 - $2,916,000

4 Beds
2 Baths
2,012 Sq Ft
$1,223/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $2,525,000 $1,255 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $14,312/month

132 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Boat Lift
  • Concrete Pool
  • Coral Shores High School Rated A
  • Sandy Beach
  • 1-minute walk to Long Key State Park

About This Home

As of August 2024

Experience this serene paradise at this four-bedroom Marathon bayfront home on Grassy Key. Immerse yourself in coastal living with a private beach on the Florida Bay, stunning ocean views, a swimming pool, and a dock offering unparalleled access to the Florida Keys lifestyle.This fully furnished vacation rental is adorned with tropical decor, blending luxury with island charm. Step into the spacious living area, illuminated by soaring ceilings and natural light. The kitchen offers updated appliances and ample space for meal preparation, perfect for gatherings.Outdoor living takes center stage with an expansive outside area featuring a kitchen and living space, ideal for al fresco entertainment. A downstairs tackle/storage room caters to avid anglers, while the heated pool and chiller ensure year-round comfort. The dock has a step down section to launch kayaks, 27,000 lb boat lift, additional 40'+ dockage with cleats and bumpers, fish cleaning table, anglers chairs.With all impact doors and windows and a metal roof, this home provides durability and peace of mind. Recent additions include a primary suite with his and her closets and a private porch with pool access, newer air conditioning units.From sunrise to sunset, this outdoor oasis offers unforgettable moments amidst the natural beauty of the Florida Keys. Take your chance to make this tranquil slice of paradise your own. Schedule your private showing today and claim this exquisite Marathon residence for yourself.

Last Agent to Sell the Property

Mallory Pinto

Keys Ocean Realty Inc. License #BK3373799 Listed on: 02/13/2024

Keys Ocean Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,924

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 0.55 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Fenced
  • Property is zoned RL - Residential Low

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,012 Sq Ft Home
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Workshop
  • Storage
  • Tile Flooring
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Covered Parking
  • Electric Gate
  • Off-Street Parking
  • RV or Boat Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • Boat Lift
  • Dock made with Composite Material
  • Deck
  • Outdoor Kitchen
  • Exterior Lighting
  • Shed
  • Attached Grill

Utilities

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

Community Details

  • No Home Owners Association
  • Grassy Key Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00375890-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,924

Year Built

Built in 1963 | Remodeled

Lot Details

0.55 Acres

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Composite
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Grassy Key
  • Mile Marker: 58.90
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 18924.12
  • Vehicle Storage: Off Street Parking, Trailer Storage, Covered Parking, RV Parking Open
  • Year Built: 1963
  • Alternate Key Number: 1458996
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 23958.00
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Deck
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2012.00
  • Pre Wired: Cable
  • 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

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Walk-in Closet(s), Storage, Smoke Alarms, Granite Counter Top, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Ice Machine, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Workshop
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 4
  • Accessibility Features: None

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Bar, Shed, Sandy Beach, Outdoor Kitchen, Lighting, Fencing, Built-in Grill
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Patrolled Area
  • Utilities: FKAA, Elect Separate Meter, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,VE,VE,AE
  • Parcel Number: 00375890-000000
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Aug 16, 2024
Sold by
Mcdonough Shawn and Mcdonough Christine
Bought by
Grant P Galuppi Living Trust and Susan Macleod Wieland Revocable Trust
Seller's Agent
Mallory Pinto
Keys Ocean Realty Inc.
Buyer's Agent
Creative Technology
List Price
$3,199,000
Sold Price
$2,525,000
Premium/Discount to List
-$674,000
-21.07%
Views
52
Current Estimated Value
$2,460,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,728
Avg. Annual Appreciation
-1.69%
Original Mortgage
$450,000
Outstanding Balance
$330,961
Interest Rate
6.95%
Mortgage Type
Seller Take Back
Estimated Equity
$2,129,311

Purchase Details

Closed on
Jun 28, 2018
Sold by
Keith Peggy Oneal
Bought by
Mcdonough Shawn and Mcdonough Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$574,000
Interest Rate
4.55%

Purchase Details

Listed on
Jun 21, 2012
Closed on
Nov 14, 2012
Sold by
Marturano Steven and Brignolo Ann
Bought by
Mcdonough Shawn and Mcdonough Christine
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Bill Wilkins
Century 21 Keysearch Realty
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.26%
Original Mortgage
$352,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1989
Bought by
Mcdonough Shawn and Mcdonough Christine
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
Grant P Galuppi Living Trust $2,525,000 None Listed On Document
Mcdonough Shawn $720,000 --
Mcdonough Shawn $470,000 Attorney
Mcdonough Shawn $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant P Galuppi Living Trust $450,000
Previous Owner Mcdonough Shawn $574,000
Previous Owner Mcdonough Shawn --
Previous Owner Mcdonough Shawn $352,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2024 08/19/24 Sold $2,525,000 -9.7% $1,255 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/17/2024 06/17/24 Price Changed $2,795,000 -3.5% $1,389 / Sq Ft
05/30/2024 05/30/24 Price Changed $2,895,000 -3.3% $1,439 / Sq Ft
04/18/2024 04/18/24 Price Changed $2,995,000 -6.4% $1,489 / Sq Ft
02/13/2024 02/13/24 For Sale $3,199,000 +580.6% $1,590 / Sq Ft
11/14/2012 11/14/12 Sold $470,000 -5.8% $344 / Sq Ft View Prior Sale
09/06/2012 09/06/12 Pending -- -- --
06/21/2012 06/21/12 For Sale $499,000 -- $365 / 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 $20,116 $2,057,990 $1,525,829 $532,161
2024 $18,924 $2,677,558 $2,151,420 $526,138
2023 $18,924 $2,476,164 $1,955,923 $520,241
2022 $16,257 $1,801,570 $1,271,682 $529,888
2021 $14,947 $1,433,023 $941,781 $491,242
2020 $13,363 $1,265,936 $769,223 $496,713
2019 $12,813 $1,278,360 $769,223 $509,137
2018 $11,715 $1,269,986 $761,617 $508,369
2017 $10,598 $1,106,917 $0 $0
2016 $10,358 $1,104,216 $0 $0
2015 $8,744 $1,004,682 $0 $0
2014 $6,896 $752,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mallory Pinto

    Seller's Agent in 2024

    Mallory Pinto

    Keys Ocean Realty Inc.

    (305) 735-4095

    20 in this area

    25 Total Sales

    Mallory Pinto
    Section Image

  • o

    Buyer's Agent in 2024

    outside of mls

    Outside Of MLS

  • L

    Seller's Agent in 2012

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co.

  • B

    Buyer's Agent in 2012

    Bill Wilkins

    Century 21 Keysearch Realty

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 608708

APN: 00375890-000000

Florida Monroe County Marathon 33050

86 Pelican Rd, Marathon, FL

Not Listed for Sale

Detached

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