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Sold for $1,200,000
  • $1,200,000

    11600 1st Ave Gulf #55, Marathon, FL 33050

    3beds
    1,600sqft
    Townhouse
    Built in 2006
    1,306 Square Feet Lot
    $1,186,200 Zestimate®
    $750/sqft
    $3,626 Estimated rent

    Home value

    $1,186,200

    $1.12M - $1.26M

    $3,626/mo

    Zestimate® history
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    What's special

    Open concept floor planProfessionally decoratedGranite counter topsVaulted ceilingsNew acCovered porchGorgeous blue tones
    INDIGO REEF is a luxurious town-house style community located directly on the Gulf of Mexico just minutes from the heart of Marathon, yet quiet & tucked away from it all. Situated on over 10 Acres of private land and gated, villa 55 boasts Incredible OPEN WATER views, vaulted ceilings, quick and easy ocean access through the Vaca cut and an open concept floor plan. This 3 bed/2.5 bath, 1600 Sqft. townhome comes with a deeded 35 ft boat slip located just steps from the back porch. Indigo Reef community boasts a spacious heated resort style pool with plenty of cushioned lounge chairs, Ice machine, Kayak storage, professional gym room and plenty of owner's storage located in the temperature controlled HOA building with room for bikes and fishing gear. Home also comes with its own parking spot just steps from the front entrance. This unit comes fully furnished and could become a successful weekly vacation rental if desired. Enjoy nightly sunsets while sipping a margarita from your WEST facing unit! You will LOVE sitting under your covered porch while you gaze over the gorgeous blue tones of the Gulf & relax after a successful day out on the water. This villa was recently modernized and professionally decorated with a coastal chic aesthetic. New luxury vinyl wood plank flooring throughout, new roll down hurricane shutters, new washer & dryer, On-demand hot water heater, easy maintenance TREX decking on all exterior stairs & porches, New AC, GRANITE counter tops, & STAINLESS steel appliances. Sold Furnished & TURN KEY, ready for you to relax & enjoy ''The ultimate Keys Life''! Call today ~ this property is a must see! Hurricane, flood and homeowner's insurance: $5142.00 / year.

    Zillow last checked:

    Listing updated:

    Listed by:

    Monica Jane Barrett 305-433-0349,

    Coldwell Banker Schmitt Real Estate Co.,

    Rick Bryan Servais 305-731-5010,

    Coldwell Banker Schmitt Real Estate Co.

    Bought with:

    Monica Jane Barrett, SL3345718

    Coldwell Banker Schmitt Real Estate Co.

    Rick Bryan Servais, 3238499

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 608062MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air, Heat Pump, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
    Features
    • Built-in Features, Granite Counters, Storage, Gym
    • Flooring: Vinyl, Carpet
    • Furnished: Yes
    Interior area
    • Total structure area: 1,600
    • Total interior livable area: 1,600 sqft

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Deck, Lanai
    • Exterior features: Lighting, Outdoor Shower, Storage
    • Has private pool: Yes
    • Pool features: In Ground, Concrete
    • Fencing: Fenced
    • On waterfront: Yes
    Lot
    • Size: 1,306 Square Feet
    Details
    • Additional parcels included: 00104180-002100
    • Parcel number: 00104180001550
    • Zoning: RH - Residential High
    • Other equipment: Irrigation Equipment

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Townhouse
    • Property subtype: Townhouse
    Materials
    • Frame, Hardi Board Siding
    Condition
    • Year built: 2006

    Utilities & green energy

    • Utilities for property: Water Separate Meter, Elect Separate Meter, Cable Available

    Community & HOA

    Community
    • Features: Community Boat Ramp, Beach, Other, Bike Paths
    • Security: Security Gate
    • Subdivision: Indigo Reef Marina Homes (52.5)
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Common Area Mnt, Other
    • HOA fee: $1,100 monthly
    Location
    • Region: Marathon

    Financial & listing details

    • Price per square foot: $750/sqft
    • Tax assessed value: $916,605
    • Annual tax amount: $7,561
    • Date on market: 1/6/2024
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    3/29/2024Sold$1,200,000-14%$750/sqft
    Source: FLKMLS #608062 Report a problem
    3/1/2024Pending sale$1,395,000$872/sqft
    Source: FLKMLS #608062 Report a problem
    2/20/2024Contingent$1,395,000$872/sqft
    Source: Key West AOR #608062 Report a problem
    1/6/2024Listed for sale$1,395,000+16.3%$872/sqft
    Source: Key West AOR #608062 Report a problem
    5/30/2023Sold$1,200,000-7.6%$750/sqft
    Source: FLKMLS #604563 Report a problem
    5/15/2023Pending sale$1,299,000$812/sqft
    Source: FLKMLS #604563 Report a problem
    4/29/2023Price change$1,299,000-3.8%$812/sqft
    Source: FLKMLS #604563 Report a problem
    3/14/2023Listed for sale$1,350,000+94.2%$844/sqft
    Source: FLKMLS #604563 Report a problem
    11/2/2020Sold$695,000-7.2%$434/sqft
    Source: Public Record Report a problem
    7/25/2018Listing removed$749,000$468/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #578357 Report a problem
    7/20/2018Price change$749,000+1.4%$468/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #578357 Report a problem
    6/11/2018Price change$739,000-1.3%$462/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #578357 Report a problem
    2/14/2018Price change$749,000-2.6%$468/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #578703 Report a problem
    2/11/2018Listed for sale$769,000+56.6%$481/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #578703 Report a problem
    5/17/2015Listing removed$7,500$5/sqft
    Source: Coco Plum Realtors Report a problem
    4/17/2015Price change$7,500+8.7%$5/sqft
    Source: Coco Plum Realtors Report a problem
    3/31/2015Listed for rent$6,900$4/sqft
    Source: Coco Plum Realtors Report a problem
    10/6/2010Sold$491,000-62.9%$307/sqft
    Source: FLKMLS #551209 Report a problem
    6/14/2006Sold$1,325,000$828/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,854 -4%$916,605 +0.8%
    2024$9,219 +21.9%$909,422 +47.5%
    2023$7,562 +13.2%$616,458 +10%
    2022$6,679 +11.5%$560,416 +10%
    2021$5,988 +1.3%$509,469 -0.1%
    2020$5,908 $509,889 -4.8%
    2019$5,908 -4.1%$535,765 -0.5%
    2018$6,162 +2.9%$538,352 -7.8%
    2017$5,987 -1.9%$583,906 +9.9%
    2016$6,101 +5.4%$531,121 +14.7%
    2015$5,788 $463,215
    Find assessor info on the county website

    Neighborhood: 33050

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,186,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,186,200