$2,600,000
Marathon, FL 33050
MLS# 597820
Status: Closed
4 beds | 3 baths | 1614 sqft
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Property Description
This beautiful oceanfront residence is located on Ocean East, a private oceanfront peninsula and is one of the best & most desirable streets in Marathon. The home has been totally updated with new storm impact windows and doors, new kitchen, updated baths, new flooring and is furnished tastefully. Currently holds a vacation rental license for 4 bedrooms. The property grossed over $210,000 last year with the owners still using for approximately 4 months out of the year. $108,328.09 already booked for 2022 as of January 2022 . There is a wonderful bonus area downstairs. Please talk to listing agent for details. Beautiful views in the daytime and views of 5 miles of shoreline lights at night. Property has a pool, jacuzzi, dock and a spacious back yard with excellent outdoor living space looking out over the Ocean. There is aesthetically pleasing exterior lighting and a firepit for those evenings when it is a little cooler. This property will make a perfect vacation rental or full time residence for a large family. Ocean East is now gated to provide more privacy for owners and their guest and the current owner has paid his contribution for the entrance gate.
Details
Maps
Contract Information
Current Price: $2,600,000
Listing Date: 2021-09-20
Listing Board: Marathon/Lower Keys
Leased Price Monthly: $2,600,000
As is Rght to Inspct: Yes
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 10
Street Name: Ocean East
Street Suffix: Drive
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Ocean East (50.0)
Area: 14 - Sombrero Area
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 4
Pool: Yes
Year Built: 1992
Total Units: 1
Lot Size: 13,000
Lot SqFt: 13000
Acres: 0.29
Living Apx SqFt: 1614
SqFt Source: Property Data Card
Total Bedrooms: 4
Full Baths: 3
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: 7
Association Info
Mandatory Home Owners Asc: No
Voluntary Home Owners Asc: Yes
1st Right of Refusal: No
Assoc Approval Req: No
Association Fee $: 200
Assoc/Mnt Fee Per: Yearly
License Info
Transient Rntl Licns: Yes
Dockage
Dock Length: 30
Dock: Wood
Specialty Rooms
Guest/Servant Qtrs: Non-Conforming
Building Style
Above Flood: No
# Stories: 2 Stories
Pool Info
Heated: Yes
Financial Status
Auction: No
Bank Owned: No
Standard Sale: Yes
Status Change Info
Under Contract Date: 2022-02-05
Leased Date: 2022-03-07
Leased Price Monthly: $2,600,000
Status: Closed
Property Features
Fee Includes: Common Area Mnt; Other
Tax Exemptions: None
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Property Condition: Updated/Remodeled
Vehicle Storage: Off Street Parking; Open Parking; Trailer Storage
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air; Ductless; Heat
Utilities: Cable Available; Elect Separate Meter; FKAA; Water Separate Meter
Interior Features: Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Entrance Foyer; Pantry; Quartz Countertops; Storage; Walk-in Closet(s); Whirlpool Bath Tub; Window Treatments
Pre-Wired: Cable
Specialty Rooms: Laundry Room; Utility Room
Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Washer
Exterior Features: Hot Tub; Lanai; Lighting
Pool Info: In Ground; Fiberglass
Construction: CBS; Concrete; Stucco
Floor: Laminate; Tile
Roof: Tile Roof
Pets: Pets Allowed
Neighborhood Feature: Beach; Fire Hydrant
Security: Electric Gate; Patrolled Area
Land Size: 1/4 - 1/2 Acre
Terms: Cash
Title: Title Ins - Buyer
Listing Office: Berkshire Hathaway HomeServices Keys Real Estate
Last Updated: August - 31 - 2024
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