Incredible value at 450k providing both open water views and convenient location. This condo offers quick access to both the Ocean and Gulf. It is located across the street from Sombrero Golf Course, a bike ride down to Sombrero Beach, a walk down to Dockside for waterside dining and live music and is just minutes away from shopping. PRICED 80K BELOW THE LAST CLOSED SALE IN THE BUILDING! The complex has a beautiful pool, kayak and bike area and each unit comes with a storage unit. All windows and doors are high impact! Building was recently painted and all inspections have been completed. This unit is a great price for those looking for a steal!
Sold for $420,000
$420,000
1505 Sombrero Blvd APT 202, Marathon, FL 33050
2beds
1,023sqft
Condominium
Built in 1973
-- sqft lot
$433,400 Zestimate®
$411/sqft
$2,954 Estimated rent
Home value
$433,400
$381,000 - $485,000
$2,954/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Kim Rabito Show 305-304-8591,
Coldwell Banker Schmitt Real Estate Co.,
Wanda G Brock, P.A. 305-304-8862,
Coldwell Banker Schmitt Real Estate Co.
Bought with:
Kim Rabito Show, 3220812
Coldwell Banker Schmitt Real Estate Co.
Wanda G Brock, P.A., 3085878
Coldwell Banker Schmitt Real Estate Co.
Source: FLKMLS,MLS#: 614989
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Central Air
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Oven
Interior area
- Total structure area: 1,023
- Total interior livable area: 1,023 sqft
Property
Features
- Patio & porch: Screened Patio
- Exterior features: Outdoor Shower, Storage
- Has private pool: Yes
- Pool features: In Ground, Concrete, Decked
- On waterfront: Yes
Details
- Parcel number: 00355370001208
- Zoning: RM-1 - Residential Medium - 1
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- CBS
Condition
- Year built: 1973
Utilities & green energy
- Utilities for property: Elect Separate Meter
Community & HOA
Community
- Subdivision: Lady Alexander (49.5)
HOA
- Has HOA: Yes
- Services included: Cable TV, Pest Control, Water, Maintenance Structure, Insurance, Common Area Mnt
- HOA fee: $770 monthly
Location
- Region: Marathon
Financial & listing details
- Price per square foot: $411/sqft
- Tax assessed value: $394,508
- Annual tax amount: $4,022
- Date on market: 5/12/2025
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2025 | Sold | $420,000-6.7%$411/sqft |
Source:  FLKMLS #614989 Report a problem | ||
| 5/14/2025 | Contingent | $450,000$440/sqft |
Source: FLKMLS #614989 Report a problem | ||
| 5/12/2025 | Listed for sale | $450,000-9.8%$440/sqft |
Source: FLKMLS #614989 Report a problem | ||
| 5/12/2025 | Listing removed | $499,000$488/sqft |
Source:  MLKAR #612198 Report a problem | ||
| 3/3/2025 | Price change | $499,000-5%$488/sqft |
Source:  Key West AOR #612198 Report a problem | ||
| 2/3/2025 | Price change | $525,000-7.1%$513/sqft |
Source: FLKMLS #612198 Report a problem | ||
| 11/10/2024 | Listed for sale | $565,000-1.7%$552/sqft |
Source: FLKMLS #612198 Report a problem | ||
| 8/31/2024 | Listing removed | $575,000$562/sqft |
Source: MLKAR #609036 Report a problem | ||
| 5/7/2024 | Price change | $575,000-1.7%$562/sqft |
Source: FLKMLS #609036 Report a problem | ||
| 3/4/2024 | Listed for sale | $585,000+134%$572/sqft |
Source: FLKMLS #609036 Report a problem | ||
| 8/16/2013 | Sold | $250,000$244/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,029 +0.2% | $394,508 +5.2% |
| 2024 | $4,022 +4.2% | $374,943 +8.1% |
| 2023 | $3,859 +7% | $346,832 +10% |
| 2022 | $3,608 +7.1% | $315,302 +10% |
| 2021 | $3,368 +1.5% | $286,638 |
| 2020 | $3,318 | $286,638 +3.2% |
| 2019 | $3,318 +2.7% | $277,725 +5.8% |
| 2018 | $3,230 +9.3% | $262,465 -0.4% |
| 2017 | $2,955 +5% | $263,638 +8.8% |
| 2016 | $2,815 +4.9% | $242,244 +9.6% |
| 2015 | $2,684 | $221,023 |
Find assessor info on the county website
Neighborhood: 33050
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Nearby schools
GreatSchools rating
- 5/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 0.8 mi
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Estimated market value
$433,400
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Estimated market value
$433,400
- Florida
- Monroe County
- Marathon
- 33050
- 1505 Sombrero Blvd Apartment 202
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