10 E Ocean Drive

Marathon, FL 33050 / Ocean East (50.0)

MLS ID# 605984 Closed
Single Family

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Closed $2,850,000

5 beds

3 baths

******** Garage

1614 sqft

0.29 acres

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• Description
• Location, Tax & Legal
• General Property Description
• Details
• Video 1

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. 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 it... show more

Location, Tax & Legal

• Street # 10
• Direction E
• Street Name Ocean
• Street Suffix Drive
• Key/Island Marathon
• City MARATHON
• State/Province FL
• Zip Code 33050
• Off Shore Island No
• County Monroe
• Subdivision Ocean East (50.0)
• Mile Marker 50
• Area 14 - Sombrero Area
• Marathon Neighborhood Sombrero
• Side Ocean
• Flood Zone VE,VE
• Alternate Key # 1122394
• Parcel # 00104670-001000
• Zoning RM-1 - Residential Medium - 1
• Deed Restrictions No
• Legal 14 66 32 BOOT KEY (AKA UNRECORDED OCEAN EAST INC REV SURVEY APRIL 14 1975 LOT 10) OR553-765 OR859-733/34 OR1100-1112/13
• Taxes 15206.06
• Tax Year 2022
• Pub Sewer HkUp Yes

General Property Description

• Realtor.COM Type Residential - Single Family
• Style Single Family
• Waterfront Yes
• Control Depth 4
• Pool Yes
• Year Built 1992
• Total Units 1
• Lot Size 100 x 122
• Lot SqFt 13000
• Lot Sqft Source Property Data Card
• Acres 0.29
• Living Apx SqFt 1614
• SqFt Source Survey
• Total Bedrooms 5
• Full Baths 3
• Half Baths 0
• Total Baths 3
• Rentals Allowed Yes
• Min Rental Days 7

Details

• Association Info

  Mandatory Home Owners Asc, Voluntary Home Owners Asc, No 1st Right of Refusal, Association Fee $:200, Assoc/Mnt Fee Per:Yearly

• Fee Includes

  Common Area Mnt

• Tax Exemptions

  None

• License Info

  Transient Rntl Licns

• Waterfront

  Oceanfront, Open Water

• Waterview

  Ocean View, Open Water View

• Dockage

  Dock Length:30, Dock:Wood, Seawall:Rip Rap

• Property Condition

  Updated/Remodeled

• Building Style

  No Above Flood, Stories:2 Stories

• Vehicle Storage

  Car(s):4+, Guest Parking, Off Street Parking, Open Parking, RV Parking Open, Trailer Storage

• Cooling

  Ceiling Fans(s), Central Air, Ductless, Heat Pump

• Heating

  Central

• Porch/Balcony

  Open Porch/Balcony, Patio

• Utilities

  Buyer to Verify, Cable Available, FKAA, Water Separate Meter

• Interior Features

  Built-in Cabinets, Cathedral Ceilings, Drapes/Blinds Incl, Entrance Foyer, Pantry, Quartz Countertops, Storage, Walk-in Closet(s), Whirlpool Bath Tub, Window Treatments

• Pre-Wired

  Cable

• Specialty Rooms

  Guest/Servant Qtrs:Non-Conforming, Other

• Appliances

  Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Trash Compactor, Washer

• Exterior Features

  Hot Tub, Lanai, Sandy Beach

• Pool Info

  In Ground, Heated, Fiberglass

• Construction

  CBS, Concrete

• Windows/Doors

  Impact Rstnce Doors, Impact Rstnce Window

• Floor

  Laminate, Tile

• Roof

  Tile Roof

• Pets

  Pets Allowed

• Neighborhood Feature

  Beach, Fire Hydrant

• Security

  Electric Gate, Patrolled Area

• Land Size

  1/4 - 1/2 Acre

• Terms

  Cash, Conventional, FHA, Seller Finance Psble, VA

• Show

  Call List Agent, LA Must Accompany, Tenant Occupied

• Financial Status

  No Auction, No Bank Owned, No Potential Short Sale, Standard Sale