NOT LISTED FOR SALE

O Camino Real St Marathon, FL 33050

Estimated Value: $2,971,000 - $3,617,000

0.2 Acre
$16,873,045 Price per Acre
8,717 Sq Ft Lot

Last Sold September 28, 2020

Last sale price $310,000

Est. 983% increase in value since last sale

Current estimated payment $19,392/month

470 Days on Market

Highlights

  • Lake Front
  • Coral Shores High School Rated A
  • Harbor Views

About This Lot

As of September 2020

Do you Want views of a huge body of water and nothing across from you except a mangrove island? The lot is 8,712SF with 40 ft of waterfront and dockage for your boat. A permit is issued for an 80 ft by 4 foot dock on deep deep water. Water depth is 5 ft at edge of the waterfront mangroves. Motivated seller for this awesome cleared lot and ready for your home plans or TBR!

Last Agent to Sell the Property

Wanda Brock

Coldwell Banker Schmitt Real Estate Co. License #3085878 Listed on: 05/13/2019

Coldwell Banker Schmitt Real Estate Co.

Co-Listed By

Bob Brock

Coldwell Banker Schmitt Real Estate Co. License #3188476

Last Buyer's Agent

Luis Arcos

Exit Realty Florida Keys TAV

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $826

Lot Details

  • 8,717 Sq Ft Lot
  • Lake Front
  • Property is zoned RH - Residential High

Property Views

  • Harbor
  • Lake

Community Details

  • Flamingo Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00356320-000000

Property Details

Property Type

Land

Est. Annual Taxes

$826

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 6
  • Dockage Dock Length: 80
  • Document Count: 2
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Country Club (Sombrero Blvd & Flamingo)
  • Mile Marker: 49.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Seller Finance
  • Side: Ocean
  • State Province: FL
  • Taxes: 825.98
  • Alternate Key Number: 1438006
  • Dockage Dock Permit: Yes
  • Lot Sq Ft: 8717.00
  • Species List: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Lot Dimensions: Irregular
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Recorded Plat: Yes
  • Survey Available: Yes
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Lake Front
  • Waterfront: Yes
  • Waterview: Lake View, Harbor/Marina View

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE6
  • Parcel Number: 00356320-000000

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2023
Sold by
Young Eric L and Young Sara J
Bought by
Gibson Stephan Todd and Gibson Rebecca Lynn
Current Estimated Value
$3,357,736

Purchase Details

Closed on
May 6, 2021
Sold by
Red Mangrove Holdings Llc
Bought by
Young Eric

Purchase Details

Closed on
May 5, 2021
Sold by
Perez Orlando and Perez Mirtha
Bought by
Young Eric L and Young Sara J

Purchase Details

Listed on
May 13, 2019
Closed on
Nov 3, 2020
Sold by
Perez Orlando and Perez Mirtha
Bought by
Susan A Reiss Living Trust and Reiss
Seller's Agent
Wanda Brock
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Luis Arcos
Exit Realty Florida Keys TAV
List Price
$445,000
Sold Price
$310,000
Premium/Discount to List
-$135,000
-30.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.84%
Original Mortgage
$160,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 13, 2019
Closed on
Sep 28, 2020
Sold by
Susan A Reiss Living Trust and Reiss Susan A
Bought by
Perez Orlando and Perez Mirtha
Seller's Agent
Wanda Brock
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Luis Arcos
Exit Realty Florida Keys TAV
List Price
$445,000
Sold Price
$310,000
Premium/Discount to List
-$135,000
-30.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2019
Sold by
Loa Trust
Bought by
Susan A Reiss Living Trust

Purchase Details

Closed on
May 9, 2019
Sold by
Loa Trust
Bought by
Susan A Reiss Living Trust

Purchase Details

Closed on
Oct 21, 1998
Sold by
Macturk Kathleen M
Bought by
Stevens Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.76%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 20, 1998
Bought by
Loa Trust 12/31/1990
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gibson Stephan Todd $3,350,000 Florida Title
Gibson Stephan Todd $3,350,000 Florida Title
Young Eric $60,000 Attorney
Young Eric -- Attorney
Young Eric L $454,900 Attorney
Susan A Reiss Living Trust -- None Listed On Document
Perez Orlando -- Attorney
Reiss Susan A -- Attorney
Perez Orlando $310,000 Christopher B Waldera Pa
Susan A Reiss Living Trust $90,000 None Listed On Document
Susan A Reiss Living Trust $90,000 None Listed On Document
Stevens Mark $60,000 --
Loa Trust 12/31/1990 $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Orlando $160,000
Previous Owner Stevens Mark $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2020 09/28/20 Sold $310,000 -8.8% --
08/25/2020 08/25/20 Pending -- -- --
07/30/2020 07/30/20 Price Changed $340,000 -5.3% --
05/25/2020 05/25/20 Price Changed $359,000 -9.1% --
03/03/2020 03/03/20 Price Changed $395,000 -11.2% --
05/13/2019 05/13/19 For Sale $445,000 -- --
Source: Florida Keys Board 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 $21,383 $2,751,659 $1,179,531 $1,572,128
2023 $21,383 $2,254,843 $992,950 $1,261,893
2022 $4,061 $419,730 $391,837 $27,893
2021 $1,221 $111,317 $111,317 $0
2020 $1,100 $100,603 $100,603 $0
2019 $1,062 $96,579 $96,579 $0
2018 $994 $96,869 $96,869 $0
2017 $946 $96,869 $0 $0
2016 $926 $96,767 $0 $0
2015 $883 $96,813 $0 $0
2014 $739 $62,502 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 585641

Florida Keys Board of REALTORS®

APN: 00356320-000000