$2,550,000
Marathon, FL 33050
MLS# 606419
Status: Closed
4 beds | 4 baths | 2808 sqft
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Property Description
Welcome to Paradise Cove! The perfect vacation home and proven rental property. This fabulous waterfront home has beautiful ocean views, tropical pool and spa, tiki hut, fully outfitted dock, & is only a 3/4 of a mile to Sombrero Beach. This is the ideal private getaway and investment property. Enjoy the large dock with a 14k lb boat lift, fish cleaning station, and ice machine. The first floor has a spacious living room, chef's dream kitchen, and a breezy balcony with views of the pool, canal, and ocean. Off the living room are two bedrooms with a shared bathroom - one with a King-sized bed and one with two trundle beds (4 twins). Additional half bath and laundry room are also off the kitchen. Upstairs, the oversized master suite with sitting area, private balcony with ocean views & luxurious ensuite bathroom are your personal retreat. Additional large bedroom for guests with a private bathroom and a walk-in closet are on this floor as well as a large bonus/game room with a wetbar. This property has the perfect location with all the conveniences and beautiful Sombrero Beach, ranked one of the best beaches in the Florida Keys, less than 1 mile away. Plenty of parking with two covered spaces and room for a boat trailer and RV also. Large downstairs storage area for all your gear with fridge and freezer and separate owners' area. Home is being sold fully furnished and outfitted, down to the kayaks and wine glasses. Significant investment was made to turn this perfect personal home into a proven turn-key rental property with all safety and security measures and owners locked storage spaces. It is fully stocked for all items for babies to teens to adults to have the perfect getaway. Recently, the extra wide (100') canal was dredged to 5' to allow for larger boats and easier access. Insurances: Wind $6,594, Flood $710; 2022 Rental Income Info available upon request Motivated seller!!
Details
Maps
Contract Information
Current Price: $2,550,000
Listing Date: 2023-08-22
Listing Board: Marathon/Lower Keys
Leased Price Monthly: $2,550,000
As is Rght to Inspct: Yes
Species List: No
Location, Tax & Legal
Street #: 544
Street Name: Sombrero Beach
Street Suffix: Road
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Sombrero Bch Village (49.5)
Area: 14 - Sombrero Area
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 5
Pool: Yes
Year Built: 1992
Lot SqFt: 8838
Lot Sqft Source: Property Data Card
Acres: 0.2
Living Apx SqFt: 2808
SqFt Source: Property Data Card
Total Bedrooms: 4
Full Baths: 3
Half Baths: 1
Total Baths: 4
Rentals Allowed: Yes
Min Rental Days: 7
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock Length: 75
Building Style
Above Flood: Unknown
Pool Info
Heated: Yes
Status Change Info
Under Contract Date: 2024-02-17
Leased Date: 2024-03-07
Leased Price Monthly: $2,550,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Canal View; Ocean View
Dockage: Boat Lift
Property Condition: Updated/Remodeled
Vehicle Storage: Carport; Covered Parking; RV Parking Open; Trailer Storage
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air
Heating: Central
Utilities: Buyer to Verify
Interior Features: Bar; Drapes/Blinds Incl; Quartz Countertops; Smoke Alarms; Walk-in Closet(s); Wet Bar
Specialty Rooms: Utility Room
Appliances: Dishwasher; Disposal; Dryer; Freezer; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Chickee Hut; Fencing; Hot Tub; Storage
Pool Info: In Ground; Concrete
Construction: Combo Construction; Concrete; Frame
Floor: Combo; Tile
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Beach; Bike Paths
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; No Seller Finance
Title: Negotiable
Listing Office: Engel & Völkers Marathon
Last Updated: March - 11 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.