10 E Ocean Dr, Marathon, FL 33050
- $2,850,000
- 5
- BD
- 3
- BA
- 1,614
- SqFt
- Sold Price
- $2,850,000
- List Price
- $2,999,999
- Closing Date
- Mar 11, 2024
- MLS#
- 605984
- Status
- CLOSED
- Island
- Marathon
- County
- Monroe
- City
- Marathon
- Area
- Sombrero Area
- Subdivision
- Ocean East (50.0)
- Neighborhood
- 14 - Sombrero Area
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 1,614
- Acres
- 0.29
- Year Built
- 1992
- Days on Market
- 240
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. The residence offers stunning views during the day, and at night, you can enjoy the sight of 5 miles of shoreline lights. It features a pool, jacuzzi, dock, and a spacious backyard with excellent outdoor living space overlooking the ocean. The exterior is enhanced with aesthetically pleasing lighting, a new Fish light and there is a firepit for evening enjoyment, adding to the ambiance. This property presents an ideal opportunity for either a vacation rental investment or as a full-time residence. Offering luxury in an upscale location.
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Additional Information
- Hoa Fee
- $200
- Taxes
- $15,206
- Interior Features
- Custom Cabinets, Storage, Walk-In Closet(s), Quartz/Quartzite Counters
- Appliances
- Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Trash Compactor, Freezer, Ice Maker, Stainless Steel Appliance(s)
- Exterior Features
- Hot Tub, Beach
- Roof
- Tile/Clay
- Pool
- Yes
- Property Condition
- Updated/Remodeled
- Waterfront
- Yes
- Control Depth
- 4
- Zoning
- RM-1 - Residential Medium - 1
- Terms
- Cash, Conventional, FHA
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Listing Courtesy Of RE/MAX All Keys Real Estate, Contact: 305-451-0060
Selling Office: .