247 Pescayo Ave, Marathon, FL 33050

$2,250,000
4
BD
5
BA
2,040
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$2,250,000
List Price
$2,399,900
Closing Date
Feb 29, 2024
MLS#
606714
Status
CLOSED
Island
Marathon
County
Monroe
City
Marathon
Area
East of Holiday Inn US #1 & Coco Plum
Subdivision
Coco Plum Beach (54.5)
Neighborhood
18 - East of Holiday Inn US #1 & Coco Plum
Bedrooms
4
Bathrooms
5
Half Baths
1
Living Area
2,040
Acres
0.14
Year Built
2023
Days on Market
161

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.

Additional Information

Taxes
$3,393
Interior Features
Storage, Walk-In Closet(s), Quartz/Quartzite Counters
Appliances
Washer, Dryer, Dishwasher, Refrigerator, Range, Microwave, Disposal
Roof
Metal
Pool
Yes
Property Condition
New Construction
Waterfront
Yes
Control Depth
4
Zoning
RL - Residential Low
Terms
Cash, Conventional

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of American Caribbean Real Estate, Christie's International Real Estate, Contact: 305-451-4078

Selling Office: .