$3,650,000
SOLD SEP 29, 2023

88 Tingler Ln Marathon, FL 33050

1 Bed
2 Baths
1,688 Sq Ft
1.57 Acres

Recently Sold

$2,162 Per Sq Ft

38% Below List Price

201 Days on Market

Highlights

  • Ocean Front
  • Beach
  • In Ground Pool
  • Coral Shores High School Rated A
  • Dock made with wood
  • RV or Boat Parking

About This Home

As of September 2023

There are many possibilities for this 1.5 acre Ocean front estate size lot on Sombrero Beach. Zoning density would allow for additional units or expansion of the existing home. Walking distance to Sombrero Beach and Park.Gated and private. Resort sized pool with outdoor tiki kitchen and bar and spa, Handicap accessible via lift. The house is a contemporary design with metal roof. Exposed wood beams and handmade custom doors of reclaimed cypress throughout made by Mike Hoot. The exterior railings are marine grade stainless steel. There are drawings for additional detached bedroom suites.The pool was built last year and measures 35 x 65.

Last Agent to Sell the Property

Ginger Henderson

Coldwell Banker Schmitt Real Estate Co. License #184807 Listed on: 02/16/2023

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Ginger Henderson, Broker

American Caribbean Real Estate - Middle Keys

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,122

Year Built

  • Built in 2000 | Remodeled

Lot Details

  • 1.57 Acre Lot
  • Ocean Front
  • Privacy Fence
  • Fenced
  • Property is zoned RM - Residential Medium

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,688 Sq Ft Home
  • Elevator
  • Cathedral Ceiling
  • Blinds
  • Entrance Foyer
  • Workshop
  • Utility Room
  • Ocean Views

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Impact Glass

Parking

  • Carport
  • Electric Gate
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Dock made with wood
  • Balcony
  • Deck
  • Outdoor Kitchen
  • Exterior Bathhouse
  • Outdoor Storage
  • Tiki or Chickee Hut
  • Attached Grill

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7

Community Details

Overview

  • No Home Owners Association
  • Sombrero Prop Plat Subdivision
  • RV Parking in Community

Recreation

  • Beach

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,122

Year Built

Built in 2000 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Voluntary HOA: No
  • Control Depth: 4
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Country Club (Sombrero Blvd & Flamingo)
  • Mile Marker: 51.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 34122.00
  • Title: Negotiable
  • Vehicle Storage: Carport, Trailer Storage, RV Parking Open, Off Street Parking, Guest Parking, Open Parking
  • Year Built: 2000
  • Alternate Key Number: 1123331
  • Cooling Heating: Central Air
  • Lot Sq Ft: 68425.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Deck
  • Association Info Condo Docs: No
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1688.00
  • 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, Elevator, Entrance Foyer, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, No Appliances, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Specialty Rooms: Bath House, Workshop, Utility Room, Laundry Room
  • Windows/Doors: Aluminum Windows, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 1

Exterior Features

  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Built-in Grill, Storage, Privacy Wall/Fence, Outdoor Kitchen, Hot Tub, Fencing, Chickee Hut
  • Waterview: Ocean View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE 10
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.57

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Sep 29, 2023
Sold by
88 Tingler Lane Llc
Bought by
4 Coastal Properties Inc
Seller's Agent
Ginger Henderson
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Ginger Henderson, Broker
American Caribbean Real Estate - Middle Keys
List Price
$5,900,000
Sold Price
$3,650,000
Premium/Discount to List
-$2,250,000
-38.14%
Views
186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%

Purchase Details

Listed on
Oct 9, 2018
Closed on
Oct 15, 2018
Sold by
Bruce Schmitt
Bought by
88 Tingler Lane Llc
Seller's Agent
Jonathan Poortman
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Ginger Henderson, Broker
American Caribbean Real Estate - Middle Keys
List Price
$2,250,000
Sold Price
$2,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$2,000,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Oct 9, 2018
Closed on
Oct 9, 2018
Sold by
Schmitt Bruce
Bought by
88 Tingler Lane Llc
Seller's Agent
Jonathan Poortman
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Ginger Henderson, Broker
American Caribbean Real Estate - Middle Keys
List Price
$2,250,000
Sold Price
$2,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 1, 1986
Bought by
Schmitt Bruce A
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $3,650,000 None Listed On Document
Warranty Deed $2,250,000 None Listed On Document
Quit Claim Deed -- Attorney
Warranty Deed $2,250,000 Attorney
Warranty Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $885,935 Balloon
Previous Owner $319,800 Balloon
Previous Owner $885,935 Balloon
Previous Owner $2,000,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2025 05/17/25 For Sale $2,390,000 -34.5% --
09/29/2023 09/29/23 Sold $3,650,000 -17.0% $2,162 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/29/2023 08/29/23 Price Changed $4,400,000 -2.2% $2,607 / Sq Ft
08/23/2023 08/23/23 Price Changed $4,500,000 -13.5% $2,666 / Sq Ft
08/15/2023 08/15/23 Price Changed $5,200,000 -11.9% $3,081 / Sq Ft
02/16/2023 02/16/23 For Sale $5,900,000 +162.2% $3,495 / Sq Ft
10/09/2018 10/09/18 Sold $2,250,000 0.0% $1,333 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $2,250,000 -- $1,333 / 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 $42,582 $3,703,622 $3,032,938 $670,684
2023 $42,582 $5,791,281 $5,026,672 $764,609
2022 $34,468 $3,569,051 $2,909,773 $659,278
2021 $29,675 $2,895,007 $2,648,048 $246,959
2020 $29,229 $2,895,092 $2,648,048 $247,044
2019 $30,047 $2,975,629 $2,771,213 $204,416
2018 $23,557 $3,019,529 $2,752,121 $267,408
2017 $20,616 $2,468,907 $0 $0
2016 $22,467 $3,115,635 $0 $0
2015 $18,454 $2,241,899 $0 $0
2014 $18,088 $2,257,256 $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: 604235

APN: 00104970-000000