$2,850,000
$2,999,999
5.0%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
1,614 SqFt
SOLD DATE : 03/11/2024
Key Details
Sold Price $2,850,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,614 sqft
Price per Sqft $1,765
Subdivision Ocean East (50.0)
MLS Listing ID A11420031
Sold Date 03/11/24
Style Contemporary/Modern,Two Story
Bedrooms 5
Full Baths 3
Construction Status New Construction
HOA Fees $16/ann
HOA Y/N Yes
Year Built 1992
Annual Tax Amount $15,206
Tax Year 2022
Contingent No Contingencies
Property Description
Nestled within the coveted Ocean East peninsula in Marathon, FL, stands an exquisite oceanfront residence that epitomizes luxury living. This premier property is situated on one of the most esteemed and sought-after streets in Marathon, known for its unparalleled allure. This home has undergone extensive updates, including new storm impact windows and doors, a new kitchen, updated bathrooms, flooring, and tasteful furnishings. Capitalizing off this investment is easy; it currently holds a transferable vacation rental license through the City of Marathon and turnkey produces over $200K a year income with heavy owner usage. This makes it an attractive investment opportunity for those interested in vacation rentals.
Location
State FL
County Monroe County
Community Ocean East (50.0)
Area 98 Florida Keys
Interior
Interior Features Bedroom on Main Level, Second Floor Entry, French Door(s)/Atrium Door(s), First Floor Entry, Vaulted Ceiling(s)
Heating Central
Cooling Central Air, Ceiling Fan(s)
Flooring Tile
Window Features Blinds,Drapes,Impact Glass
Appliance Dryer, Dishwasher, Disposal, Refrigerator, Trash Compactor, Washer
Exterior
Exterior Feature Balcony, Porch, Patio
Carport Spaces 4
Pool Fiberglass, Pool
Community Features Gated
Waterfront Yes
Waterfront Description Ocean Front
View Y/N Yes
View Ocean
Roof Type Spanish Tile
Porch Balcony, Open, Patio, Porch
Parking Type Circular Driveway, Paver Block, RV Access/Parking
Garage No
Building
Lot Description 1/4 to 1/2 Acre Lot
Faces East
Story 2
Sewer Public Sewer
Water Public
Architectural Style Contemporary/Modern, Two Story
Level or Stories Two
Structure Type Block
Construction Status New Construction
Others
Senior Community No
Tax ID 00104670-001000
Security Features Gated Community
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Seller Financing
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