Sold for $540,400

$540,400

981 Ocotillo Ln, Marathon, FL 33050

3beds

1,782sqft

SingleFamily

Built in 1990

9,282 Square Feet Lot

$1,548,900 Zestimate^®

$303/sqft

$4,562 Estimated rent

Home value

$1,548,900

$1.32M - $1.78M

$4,562/mo

Zestimate^® history

Owner options

List your home for rent

$4,562/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$4,562/mo

Rent Zestimate^®

Refinance and save

$3,300/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$3,300/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

981 Ocotillo Ln, Marathon, FL 33050 is a single family home that contains 1,782 sq ft and was built in 1990. It contains 3 bedrooms and 3 bathrooms. This home last sold for $540,400 in October 2025. The Zestimate for this house is $1,548,900. The Rent Zestimate for this home is $4,562/mo.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Forced air, Gas

Cooling

Central

Appliances

Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer

Features

Cathedral Ceilings, Granite Counter Top, Storage, Drapes/Blinds Incl
Flooring: Tile
Has fireplace: No

Interior area

Total interior livable area: 1,782 sqft

Property

Parking

Total spaces: 4
Parking features: Garage - Attached, Off-street

Features

Exterior features: Stucco
Has spa: Yes
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water

Lot

Size: 9,282 Square Feet

Details

Parcel number: 00355890000000
Zoning: RM - Residential Medium

Construction

Type & style

Home type: SingleFamily

Materials

Concrete Block
Foundation: Piling
Roof: Metal

Condition

Year built: 1990

Utilities & green energy

Utilities for property: FKAA, Buyer to Verify, Municipal Sewer, Cable Available, Elect Separate Meter, Water Separate Meter

Community & HOA

Location

Region: Marathon

Financial & listing details

Price per square foot: $303/sqft
Tax assessed value: $1,496,481
Annual tax amount: $13,336

Price history

Date	Event	Price
10/1/2025	Sold	$540,400-64%$303/sqft
Source: Public Record Report a problem
12/20/2022	Sold	$1,500,000+0.3%$842/sqft
Source: FLKMLS #602939 Report a problem
11/17/2022	Pending sale	$1,495,000$839/sqft
Source: FLKMLS #602939 Report a problem
11/2/2022	Contingent	$1,495,000$839/sqft
Source: Key West AOR #602939 Report a problem
10/31/2022	Listed for sale	$1,495,000+80.1%$839/sqft
Source: Key West AOR #602939 Report a problem
3/28/2016	Sold	$830,000-7.3%$466/sqft
Source: FLKMLS #569441 Report a problem
2/13/2016	Pending sale	$895,000$502/sqft
Source: Coldwell Banker Schmitt Real Estate Co. #569441 Report a problem
1/7/2016	Listed for sale	$895,000+37.2%$502/sqft
Source: Coldwell Banker Schmitt Real Estate Co. #569441 Report a problem
5/13/2013	Sold	$652,500-6.5%$366/sqft
Source: MLKAR #560304 Report a problem
2/9/2013	Listed for sale	$698,000+134.2%$392/sqft
Source: American Caribbean Real Estate Middle Keys #560304 Report a problem
4/3/1996	Sold	$298,000$167/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$13,336 +0.6%	$1,496,481 +6.4%
2024	$13,253 +8.7%	$1,406,827 +11.8%
2023	$12,189 +38.6%	$1,258,432 +57%
2022	$8,794 +13.6%	$801,548 +10%
2021	$7,740 +0.8%	$728,680 -0.8%
2020	$7,678	$734,338 +0.7%
2019	$7,678 +0.6%	$728,885 -0.7%
2018	$7,630 +3%	$733,767 +7.4%
2017	$7,406 +6.8%	$682,973 +5.9%
2016	$6,937 +2.3%	$645,171 +16.1%
2015	$6,782	$555,563