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Sold for $2,300,000
  • $2,300,000

    3 Ibis Ln, Marathon, FL 33050

    5beds
    3,700sqft
    Single Family Residence
    Built in 2016
    0.44 Acres Lot
    $2,631,500 Zestimate®
    $622/sqft
    $7,515 Estimated rent

    Home value

    $2,631,500

    $2.42M - $2.87M

    $7,515/mo

    Zestimate® history
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    What's special

    Custom built Estate home on one of the nicest streets in Marathon. This 5 bedroom /3.5 bath home was originally built by quality builder Mike Aranda for his personal use. All of the bedrooms are totally above flood including the private guest suite area downstairs off of the pool and entertainment area. The oversized garage offers plenty of storage for all your toys. The custom kitchen with center island and exotic granite countertops, upgraded appliances and gas range is a chef's dream. Enjoy the outdoor views from any location on the outdoor balcony that wraps around the entire home. The home is situated on a large lot and has a total of 3700 sq ft. of legal living space with an elevator for convenience. It makes a wonderful private residence or a perfect vacation rental. Last year it took in almost $80,000 in rental income and the current owner used it quite a bit. With an open living concept & plenty of outdoor, covered space this home is perfect for entertaining and enjoying the luxurious Keys lifestyle. With a pool, hot tub, less than a mile from beautiful Sombrero Beach and being sold fully furnished, all you need to bring is your toothbrush! One of the best features this home offers is not only do you have the dock with 16,000lb boat lift behind the home, additionally the lot across the street is included and has an approved dock permit in hand, ready to go. It gives you the advantage of a lot of extra parking and the current owners just obtained a dock permit for 5' x 80' terminal platform with a 4'x 20' access walkway with an elevator boat lift. This permit is good for two years and can be transferred to a new buyer. This added potential is a special advantage of this property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brenda G Torrella 305-481-0555,

    Berkshire Hathaway HomeServices Keys Real Estate

    Bought with:

    outside of mls

    Outside Of MLS

    Source: FLKMLS,MLS#: 608729MLS LogoOriginating MLS: Marathon/Lower Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Stainless Steel Appliance(s), Gas Appliances, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
    Features
    • Granite Counters, Walk-In Closet(s), Storage, Elevator, Entrance Foyer, Pantry, Split Bedroom, Wet Bar
    • Flooring: Wood, Other, Carpet
    • Doors: Impact Rstnce Doors
    • Windows: Drapes/Blinds Incl, Window Treatments, Impact Rstnce Window
    • Furnished: Yes
    Interior area
    • Total interior livable area: 3,700 sqft

    Property

    Parking
    • Parking features: Garage, Trailer Storage, Covered, Off Street, Guest, Open, Attached
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: 3 Stories
    • Stories: 3
    • Patio & porch: Open Porch/Balcony, Deck, Patio
    • Exterior features: Storage, Outdoor Shower, Lighting
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Decked, Fiberglass
    • Has spa: Yes
    • Spa features: Private
    • Fencing: Fenced
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Front, Waterfront, Dock Permit: Yes, Dockage: Boat Lift
    Lot
    • Size: 0.44 Acres
    • Dimensions: 14409
    • Features: 1/4 - 1/2 Acre
    Details
    • Parcel number: 00355311000300
    • Zoning: RH
    • Zoning description: Residential High
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Hardi Board Siding
    • Roof: Metal
    Condition
    • Year built: 2016

    Utilities & green energy

    • Electric: Elect Separate Meter
    • Sewer: Public Sewer
    • Water: Water Separate Meter
    • Utilities for property: FKAA, Propane, Buyer to Verify, Cable Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s), No Security
    Community
    • Community features: Community Boat Ramp, Bike Paths, Airport/Runway, Other, Beach, Fire Hydrant, Tennis Court(s)
    Location
    • Region: Marathon
    • Subdivision: Ibis Isle (50.0)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Price history

    DateEventPrice
    5/31/2024Sold$2,300,000-23.1%$622/sqft
    Source: FLKMLS #608729 Report a problem
    5/16/2024Contingent$2,990,000$808/sqft
    Source: FLKMLS #608729 Report a problem
    4/1/2024Price change$2,990,000-9.4%$808/sqft
    Source: FLKMLS #608729 Report a problem
    2/14/2024Listed for sale$3,299,000+65%$892/sqft
    Source: Key West AOR #608729 Report a problem
    2/1/2021Sold$2,000,000-9%$541/sqft
    Source: Public Record Report a problem
    8/12/2020Listed for sale$2,199,000+22.2%$594/sqft
    Source: FlatFee.com #592058 Report a problem
    3/28/2019Sold$1,800,000-4%$486/sqft
    Source: Public Record Report a problem
    2/7/2019Price change$1,875,000-1.1%$507/sqft
    Source: The New Home Spot, Inc. #584171 Report a problem
    1/3/2019Price change$1,895,000-13.9%$512/sqft
    Source: The New Home Spot, Inc. #581945 Report a problem
    2/28/2018Listed for sale$2,199,900+528.5%$595/sqft
    Source: The New Home Spot, Inc. #578984 Report a problem
    9/25/2015Sold$350,000-41.7%$95/sqft
    Source: MLKAR #568559 Report a problem
    3/31/2006Sold$600,000+110.5%$162/sqft
    Source: MLKAR #535420 Report a problem
    1/12/2004Sold$285,000+103.6%$77/sqft
    Source: MLKAR #516381 Report a problem
    1/14/2003Sold$140,000$38/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,387 -16.6%$2,076,191 -11%
    2024$22,054 +5.2%$2,333,958 +9.7%
    2023$20,972 +9%$2,127,521 +10%
    2022$19,236 +23.6%$1,934,110 +31.8%
    2021$15,559 +1.5%$1,467,840 +0%
    2020$15,327 $1,467,594 +8.2%
    2019$15,327 +25%$1,356,158 +26.7%
    2018$12,263 +19.4%$1,070,327 +7.8%
    2017$10,269 +8%$992,816 +347.6%
    2016$9,507 +199.8%$221,788 +65%
    2015$3,171 $134,430

    Find assessor info on the county website

    Neighborhood: 33050

    Nearby schools

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    Estimated market value
    $2,631,500
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    Estimated market value
    $2,631,500