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$2,250,000
247 Pescayo Avenue
Marathon, FL 33050
MLS# 606714
Status: Closed
4 beds  |  5 baths  |  2040 sqft


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Property Description
Introducing the Epitome of Waterfront Luxury Living. A newly constructed home nestled on a captivating peninsula surrounded by elegant new homes. This 4 bedroom, 4.5 bath single-family residence is a true masterpiece, boasting 75 Ft of waterfront with a deep water dock and wood grain composite decking, granting effortless access to the Atlantic Ocean in mere minutes. Step inside and be greeted by an opulent interior where every bedroom is an en-suite, ensuring privacy and comfort for all. As the day winds down, indulge in picturesque sunsets from your expansive 45' outdoor terrace, creating an idyllic setting for relaxation and entertainment. Impeccably furnished and tastefully decorated, this home exudes elegance and sophistication at every turn. This custom concrete swimming pool invites you to take refreshing dips on warm summer days. Equipped with a heater for those cooler days. Its prime location offers tremendous income potential, allowing for 7-Day short-term vacation rentals, with a vacation rental license currently in process with an estimated annual gross rents $190k-$220K. Storage space is never a concern, providing 801 sq ft of spacious area downstairs for all your toys.. Revel in breathtaking views that surround you, and anticipate the forthcoming completion of the pavers and backyard, as the permitting process is already underway. Experience the allure of Pescayo Ave, where the dream of coastal living becomes a breathtaking reality. Owner Agent.

Details
Maps
Contract Information
Listing Board: Florida Keys
Current Price: $2,250,000
Listing Date: 2023-09-20
Sold Price: $2,250,000
Location, Tax & Legal
City: MARATHON
Mile Marker: 54.5
Marathon Neighborhood: Coco Plum
Side: Ocean
Flood Zone: AE,AE
Alternate Key #: 9104817
Parcel #: 00363451-001400
Zoning: RL - Residential Low
Deed Restrictions: No
Legal: LOT 14 COCO PLUM ESTATES PB7-95 OR3148-2443 OR3177-611
Taxes: 3393.1
Tax Year: 2022
Pub Sewer HkUp: Yes
Street #: 247
Street Name: Pescayo
Street Suffix: Avenue
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Coco Plum Beach (54.5)
Area: 18 - East of Holiday Inn US #1 & Coco Plum
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: Yes
Control Depth: 4
Lot SqFt: 10848
Pool: Yes
Acres: 0.14
SqFt Source: Blue Print
Rentals Allowed: Yes
Min Rental Days: 7
Style: Single Family
Year Built: 2023
Living Apx SqFt: 2040
Total Bedrooms: 4
Full Baths: 4
Half Baths: 1
Total Baths: 5
Remarks & Misc
Remarks – Consumer: Introducing the Epitome of Waterfront Luxury Living. A newly constructed home nestled on a captivating peninsula surrounded by elegant new homes. This 4 bedroom, 4.5 bath single-family residence is a true masterpiece, boasting 75 Ft of waterfront with a deep water dock and wood grain composite decking, granting effortless access to the Atlantic Ocean in mere minutes. Step inside and be greeted by an opulent interior where every bedroom is an en-suite, ensuring privacy and comfort for all. As the day winds down, indulge in picturesque sunsets from your expansive 45' outdoor terrace, creating an idyllic setting for relaxation and entertainment. Impeccably furnished and tastefully decorated, this home exudes elegance and sophistication at every turn. This custom concrete swimming pool invites you to take refreshing dips on warm summer days. Equipped with a heater for those cooler days. Its prime location offers tremendous income potential, allowing for 7-Day short-term vacation rentals, with a vacation rental license currently in process with an estimated annual gross rents $190k-$220K. Storage space is never a concern, providing 801 sq ft of spacious area downstairs for all your toys.. Revel in breathtaking views that surround you, and anticipate the forthcoming completion of the pavers and backyard, as the permitting process is already underway. Experience the allure of Pescayo Ave, where the dream of coastal living becomes a breathtaking reality. Owner Agent.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
Dock Length: 73
Dock: Composite
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Central Air: 1
Heating
Central: 1
Waterfront
Canal Front: 1
Waterview
Canal View: 1
Floor
Tile: 1
Interior Features
Quartz Countertops: 1
Split Bedroom: 1
Storage: 1
Walk-in Closet(s): 1
Property Condition
New Construction: 1
Building Style
Above Flood: Yes
Stories: 2 Stories
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Vehicle Storage
Car(s): 4+
Covered Parking: 1
Construction
CBS: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Furnished: 1
Terms
Cash: 1
Conventional: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Title
Title Ins - Buyer: 1
Pool Info
In Ground: 1
Heated: Yes
Roof
Metal Roof: 1
Status Change Info
Sold Date: 2024-02-29
Sold Price: $2,250,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Canal View
Property Condition: New Construction
Vehicle Storage: Covered Parking
Furnished: Furnished
Cooling: Central Air
Heating: Central
Utilities: FKAA; Municipal Sewer
Interior Features: Quartz Countertops; Split Bedroom; Storage; Walk-in Closet(s)
Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Pool Info: In Ground
Construction: CBS
Floor: Tile
Roof: Metal Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional
Title: Title Ins - Buyer

Listing Office: American Caribbean Real Estate, Christie's International Real Estate

Last Updated: September - 02 - 2024

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