40 Kyle Way W, Marathon, FL 33050 Property Records

Monroe County property record for 40 Kyle Way W, Marathon, FL 33050

Property Summary

Property Type	Hotel
Details	6,248 sqft · built 1968
Lot Size	0.459 acres (20,010 sqft)
Owner	Company Name on Record
Last Sale	$2,775,000 (May 2022)
Tax Bill	$25,899 (2024)
Deeds & Mortgages	May 2022 Line of Credit May 2022 Sale + 3 more
Flood Zone	Zone AE (high risk)
APN	`00319800-000000`

Property Details

APN / Parcel Number

Primary APN	`00319800-000000`
Alternative APNs	`08663200319800000000` `1394254`

Interior

Stories	3 Stories
Building Area	6,248 sqft Gross Area
1st Floor Area	6,248 sqft

Exterior

Year Built	Built 1968
Effective Year Built	Effective 2000
Exterior Material	Concrete Block
Construction Type	Concrete Block
Fire Resistance	Masonry Walls, Wood Interior
Foundation Type	Concrete
Roof Type	Gable/Hip
Roof Material	Metal
Lot Area	20,010 sqft (0.459 acres)
Lot Dimensions	115 ft deep x 190 ft wide

Exterior Amenities

Pool Area	512 sqft
Porch	Open Porch
Porch Area	1,455 sqft
Patio Area	531 sqft

Utilities, Heating & Cooling

Cooling System	Wall Unit

Location & Zoning

Account Number	1394254
Street Address	40 KYLE WAY W
City	MARATHON
State	FL
Zip	33050-2019
Property Category	Commercial
Property Type	Commercial > Retail > Hotel
Local Zoning Code	DR
Legal Description	BK 2 LTS 6 AND 7 AND PT LT 8 KNIGHTS KEY VILLAGE KNIGHTS KEY PB5-84 OR477-582 OR681-216 OR809-2199 OR1077-2490/91 OR1158-596 OR2341-2273/76E OR2527-1722P/R OR2702-90/92 OR2843-1818/19 OR3171-1379
Legal Range	32E
Legal Township	66S
Legal Section	08
Legal Subdivision	KNIGHTS KEY VILLAGE
Legal Block	2
Legal Lot Number	6,7,8
Jurisdiction	MONROE FL
Township / Civil Division	MIDDLE KEYS
Census Block Group	1
Census Block	1013
Census Tract	971300

Owner

Source: Monroe County records, as of April 14, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	815 DUVAL ST, KEY WEST, FL 33040-7405
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Date	Document
May 27, 2022	Deed of Trust, Mortgage · Line of Credit FIRST STATE BANK OF THE FLORIDA KEYS
May 3, 2022	Warranty Deed, Transfer ATTORNEY ONLY, ATTORNEY
Apr 28, 2019	Loan Modification, Mortgage · Line of Credit CENTENNIAL BK
Jan 24, 2018	Loan Modification, Mortgage · Line of Credit CENTENNIAL BK
Mar 15, 2017	Warranty Deed, Transfer · Commercial Mortgage CENTENNIAL BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 3, 2022 · Amount on Record
Deed Sale	May 3, 2022 · Amount on Record
Prior Sale	Mar 15, 2017 · Amount on Record
Deed Document Number	20222373833
Deed Book / Page	3171 / 1379
Record Updated	Oct 29, 2026

May 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MONROE FL
Property Address	40 KYLE WAY W, MARATHON, FL 33050-2019
Transaction Type	Mortgage
Record Updated	Jun 20, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0031760826
Date	May 27, 2022
Book Page	3176/826
Instrument	2377461

Lender

Name	FIRST STATE BANK OF THE FLORIDA KEYS
Type	Bank
Address	KEY WEST, FL 33041

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	60 Months
Due	May 25, 2027

May 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MONROE FL
Recording Date	May 3, 2022
Property Address	40 KYLE WAY W, MARATHON, FL 33050-2019
Document Number	0031711379
Book / Page	3171 / 1379
Map Reference	MB 5 PG 84
Instrument Date	Apr 29, 2022
Instrument	2373833
Transaction Type	Transfer
Record Updated	May 24, 2022
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount Recorded
Tax	$19,425.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	1480 OVERSEAS HWY, 1480, MARATHON, FL 33050-2117

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	815 DUVAL ST, KEY WEST, FL 33040-7405

April 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	MONROE FL
Property Address	40 KYLE WAY W, MARATHON, FL 33050-2019
Document Number	0029622033
Instrument Date	Apr 28, 2019
Transaction Type	Mortgage
Record Updated	Jun 12, 2019
Title Company	NOT AVAILABLE

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1480 OVERSEAS HWY MARATHON FL 330502117, MARATHON, FL 33050-2117

Mortgage

Document Number	0029622033
Date	May 7, 2019
Book Page	002962/002033
Instrument	2218792

Lender

Name	CENTENNIAL BK
Type	Bank
Address	MARATHON, FL 33050

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

January 2018: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	MONROE FL
Recording Date	Jan 24, 2018
Property Address	40 KYLE WAY W, MARATHON, FL 33050-2019
Document Number	0028881576
Book / Page	002888 / 001576
Instrument Date	Oct 28, 2017
Instrument	2152384
Transaction Type	Mortgage
Record Updated	Aug 30, 2018
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	1410 OVERSEAS HWY MARATHON FL 330502117, MARATHON, FL 33050-2117

Mortgage

Document Number	28881576
Date	Jan 24, 2018
Book Page	002888/001576
Instrument	2152384

Lender

Name	CENTENNIAL BK
Type	Bank
Address	11290 OVERSEAS HWY, MARATHON, FL 33050-3463

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	60 Months
Due	Jan 23, 2023

Interest

Rate Type	Adjustable Rate

March 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MONROE FL
Recording Date	Mar 15, 2017
Property Address	40 KYLE WAY W, MARATHON, FL 33050-2019
Document Number	0028431818
Book / Page	2843 / 1818
Map Reference	MB5 PG84
Instrument Date	Feb 28, 2017
Instrument	2114265
Transaction Type	Transfer
Record Updated	Dec 21, 2021
Title Company	ATTORNEY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$10,675.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	7196 OVERSEAS HWY, 7196, MARATHON, FL 33050-3138

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1410 OVERSEAS HWY, MARATHON, FL 33050-2117

Mortgage

Document Number	0002114267
Date	Mar 15, 2017
Instrument	2114267

Lender

Name	CENTENNIAL BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Monroe County assessment roll, as of December 8, 2025

Property Jurisdictions

Type	Name
State	Florida
County	Monroe County
Municipality	Marathon City
Unified School District	Monroe County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$2,451,299 (+7.5%) Land $1,348,214 Building $1,103,085	$2,451,299 (+7.5%) Land $1,348,214 Building $1,103,085
2024	$25,899.00 (+4.9%)
2023	$24,689.00 (+46.21%)	$2,280,281 (+61.65%) Land $1,368,169 Building $912,112	$2,280,281 (+61.65%) Land $1,368,169 Building $912,112
2022	$16,886.00	$1,410,606 Land $845,595 Building $565,011	$1,410,606 Land $845,595 Building $565,011

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 24, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone AE high risk
100-Year Floodplain	Yes 1% annual chance
Floodway	No
Base Flood Elevation	9.0 ft
Flood Insurance Requirement	Required federally backed loans
Flood Insurance Cost	Premium on Record median of 139 individual policies
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	211 units insured incl. 72 condo units
Nearby Flood Claims	220 (1982–2024)
Most Recent Claim	Sep 2024 · Hurricane Helene
Claims by Event	Hurricane Irma, Sep 2017 · 82 claims Hurricane Wilma, Oct 2005 · 28 claims Hurricane Georges, Sep 1998 · 97 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.1% of the US · lower than 98.7% of Florida
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 16 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20

May also be available: Hotwire Communications.

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