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For sale
  • Price cut: $25.1K (8/4)
    $599,900

    1505 Sombrero Blvd APT 205, Marathon, FL 33050

    2beds
    1,023sqft
    : 
    $4,904/mo
    Get pre-qualified
    Condominium
    Built in 1973
    -- sqft lot
    $578,800 Zestimate®
    $586/sqft
    $1,200/mo HOA

    What's special

    Waterfront condoEntire building freshly paintedNew closet doors throughoutUpdated guest bath shower
    Wake up to breathtaking, unobstructed views of Boot Key Harbor from this impeccably maintained waterfront condo where the Salt Life isn't just a saying, it's a daily reality. Perfectly positioned for the true water enthusiast, this residence offers unrivaled access to both the Atlantic Ocean and Gulf of Mexico within minutes, or set a leisurely pace through the serene, protected waterways of Sisters Creek, where dolphin, manatee, & abundant wildlife are your closest neighbors. This is not your average condo association. Building maintenance is treated as a top priority, and the peace of mind that comes with it is built into every detail: ✅ Structural Integrity Reserve Study completed, passed, and approved ✅ Reserves funding -- no special assessments ✅ 2023 -- Pool decking replaced with marine-grade treated wood ✅ 2024 -- New composite privacy fence installed around pool area; overflow guest parking added; entire building freshly painted ✅ 2026 -- Pool decking, breezeways and seawall freshly painted; parking lot reseal scheduled for April 2026 ✅ Hurricane protection throughout -- high-impact windows & doors plus storm shutters on the entire complex ✅ Seawall soil stabilization recently completed, extending and strengthening its long-term integrity. Additional interior upgrades include: ✅ Balcony retiled with no-see-um screens added -- enjoy those harbor views morning to night ✅ AC & air handler replaced (2022) for efficient, reliable cooling ✅ Updated guest bath shower ✅ New vent fans throughout, including a Bluetooth-enabled speaker fan in the master ✅ New closet doors throughout ✅ New dishwasher, microwave, and toilets. What an incredible value to the incoming buyer! All that and don't forget you have a gorgeous Golf Course across the street, a beautiful beach down the road and walkable restaurants & shopping, elevator, personal storage unit, kayak and bike storage as well
    130 days
    |
    592
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Rabito Show 305-304-8591,

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 619471MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Cooling
      • Central Air, Ceiling Fans(s)
      Appliances
      • Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave
      Features
      • Flooring: Tile
      Interior area
      • Total structure area: 1,023
      • Total interior livable area: 1,023 sqft

      Property

      Features
      • Patio & porch: Screened Patio
      • Exterior features: Outdoor Kitchen, Storage
      • Has private pool: Yes
      • Pool features: In Ground, Concrete
      • On waterfront: Yes
      Details
      • Parcel number: 00355370001211
      • Zoning: RM - Residential Medium

      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
      • Features: Beach, Bike Paths
      • Subdivision: Lady Alexander (49.5)
      HOA
      • Has HOA: Yes
      • Services included: Pest Control, Water, Maintenance Structure, Insurance, Common Area Mnt
      • HOA fee: $1,200 monthly
      Location
      • Region: Marathon

      Financial & listing details

      • Price per square foot: $586/sqft
      • Tax assessed value: $442,572
      • Annual tax amount: $3,845
      • Date on market: 4/13/2026

        Estimated market value

        $578,800

        $550,000 - $608,000

        $3,616/mo

        Price history

        DateEventPrice
        8/4/2026Price change$599,900-4%$586/sqft
        Source: FLKMLS #619471 Report a problem
        4/13/2026Listed for sale$625,000+42%$611/sqft
        Source: Key West AOR #619471 Report a problem
        7/19/2021Sold$440,000+97.3%$430/sqft
        Source: FLKMLS #596947 Report a problem
        4/12/2011Sold$223,000-60.9%$218/sqft
        Source: FLKMLS #552803 Report a problem
        1/20/2006Sold$570,000+221.1%$557/sqft
        Source: Public Record Report a problem
        12/18/2000Sold$177,500$174/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,846 -1.3%$419,536 +2.9%
        2024$3,895 +2.7%$407,713 +3%
        2023$3,795 +0.5%$395,838 +3%
        2022$3,775 +12.1%$384,309 +34.1%
        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

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33050

        Getting around

        2 / 100
        Car-Dependent
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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