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10 E Ocean Drive

Marathon, FL 33050
  • $2,850,000
  • STATUS: Closed
  • ON SITE: 368 Days
  • MLS #: 605984
Sold - 03/11/2024
$2,850,000
SOLD - 03/11/2024
  • 5
    BEDS
  • 0.29
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,614
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1992
County:

School Ratings & Info

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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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keyshomenetwork.com/homes/141530445
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10 E Ocean Drive Marathon, FL 33050

  • Price: $2,999,999
  • Status: Closed
  • On Site: 368 Days
  • Updated: 142 min ago
  • MLS #: 605984
5
Beds
3
Baths
0
½ Baths
0.29
Acres
1,614
SQFT
$0
$/SQFT
1992
Built
Neighborhood:
Ocean East (50.0)
County:
Monroe
Area:
14 - Sombrero Area
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.
Exterior Features

Above Flood No Construction CBSConcrete Dock Length 30 Dockage Dock Wood Dockage Seawall Rip Rap Exterior Features Hot TubSandy BeachLanai Land Size 1/4 - 1/2 Acre Lot Size 100 x 122 Pool Info FiberglassIn Ground Pool Info Heated Yes Pool YN Yes Porch Balcony Open Porch/BalconyPatio Roof Tile Roof Side Ocean Stories 2 Stories Style Single Family Vehicle Storage Guest ParkingRV Parking OpenTrailer StorageOff Street ParkingOpen Parking Vehicle Storage Cars 4+ Waterfront OceanfrontOpen Water Waterfront YN Yes Waterview Ocean ViewOpen Water View

Interior Features

Appliances DishwasherStainless Steel Appliance(s)WasherTrash CompactorMicrowaveRefrigeratorRangeOvenIce MachineFreezerDryerDisposal Cooling Heating Ceiling Fans(s)Heat PumpDuctlessCentral Air Floor LaminateTile Furnished Furnished Guest Servant Quarters Non-Conforming Interior Features Built-in CabinetsWhirlpool Bath TubWindow TreatmentsPantryWalk-in Closet(s)StorageQuartz CountertopsCathedral CeilingsEntrance FoyerDrapes/Blinds Incl Pre Wired Cable Specialty Rooms Laundry RoomUtility RoomOther Windows Doors Impact Rstnce DoorsImpact Rstnce Window

Property Features

Assoc Fee 200.00 Assoc Hoa YN Yes Assoc Maint Fee Per Yearly Assoc Right Of Refusal No Auction No Bank Owned No Bank Owned Financial Status No City MARATHON Condition Updated/Remodeled Control Depth 4 Deed Restrictions No Fee Includes Common Area Mnt Flood Zone VEVE Listing Board Florida Keys Mile Marker 50.00 Min Rental Days 7.00 Neighborhood Features BeachFire Hydrant Off Shore Island No Pets Pets Allowed Potential Short Sale No Potential Short Sale Financial Status No Public Sewer Hookup Yes Rentals Allowed Yes Security Electric GatePatrolled Area Species List No Sq Ft Source Survey Tax Exemptions None Tax Year 2022 Taxes 15206.06 Terms CashSeller Finance PsbleVAFHAConventional Title Negotiable Transient License Yes Utilities Buyer to VerifyWater Separate MeterFKAACable Available Zoning RM-1 - Residential Medium - 1

Listing courtesy of Kelly Randin of RE/MAX All Keys Real Estate: (305) 451-0060.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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