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$2,950,000
10 Ocean East Drive
Marathon, FL 33050
MLS# 597820
4 beds  |  3 baths  |  1614 sqft


10 Ocean East Drive, Marathon, FL 33050
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Property Description
This beautiful oceanfront residence is located on Ocean East, a private oceanfront peninsula and is one of the best & most desirable streets in Marathon. The home has been totally updated with new storm impact windows and doors, new kitchen, updated baths, new flooring and is furnished tastefully. Currently holds a vacation rental license for 4 bedrooms. The property grossed over $210,000 last year with the owners still using for approximately 4 months. Over $90,000 already booked for 2022 as of November . There is a wonderful bonus area downstairs. Please talk to listing agent for details. Beautiful views in the daytime and views of 5 miles of shoreline lights at night. Property has a pool, jacuzzi, dock and a spacious back yard with excellent outdoor living space looking out over the Ocean. There is aesthetically pleasing exterior lighting and a firepit for those evenings when it is a little cooler. This property will make a perfect vacation rental or full time residence for a large family. Ocean East is now gated to provide more privacy for owners and their guest and the current owner has paid his contribution for the entrance gate.

Details
Maps
Contract Information
Current Price: $2,950,000
Listing Date: 2021-09-20
Listing Board: Marathon/Lower Keys
List Price: $2,950,000
As is Rght to Inspct: Yes
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 10
Street Name: Ocean East
Street Suffix: Drive
Key/Island: 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)
Taxes: 13805.45
Tax Year: 2020
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: 13,000
Lot SqFt: 13000
Acres: 0.29
Living Apx SqFt: 1614
SqFt Source: Property Data Card
Total Bedrooms: 4
Full Baths: 3
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: 7
Remarks & Misc
Remarks – Consumer: This beautiful oceanfront residence is located on Ocean East, a private oceanfront peninsula and is one of the best & most desirable streets in Marathon. The home has been totally updated with new storm impact windows and doors, new kitchen, updated baths, new flooring and is furnished tastefully. Currently holds a vacation rental license for 4 bedrooms. The property grossed over $210,000 last year with the owners still using for approximately 4 months. Over $90,000 already booked for 2022 as of November . There is a wonderful bonus area downstairs. Please talk to listing agent for details. Beautiful views in the daytime and views of 5 miles of shoreline lights at night. Property has a pool, jacuzzi, dock and a spacious back yard with excellent outdoor living space looking out over the Ocean. There is aesthetically pleasing exterior lighting and a firepit for those evenings when it is a little cooler. This property will make a perfect vacation rental or full time residence for a large family. Ocean East is now gated to provide more privacy for owners and their guest and the current owner has paid his contribution for the entrance gate.
Directions: MM 50 (Sombrero Bch Rd to Tingler Lane) turn left on Tingler and go through the gates to Ocean East. The house is near the end of the street on the left. 10 Ocean East
Status Change Info
Contingent: None
Contingent Remarks: Inspection/Finance
Status: Active
Association Info
Mandatory Home Owners Asc: No
Voluntary Home Owners Asc: Yes
1st Right of Refusal: No
Assoc Approval Req: No
Association Fee $: 200
Assoc/Mnt Fee Per: Yearly
License Info
Transient Rntl Licns: Yes
Dockage
Dock Length: 30
Dock: Wood
Building Style
Above Flood: No
Stories: 2 Stories
Specialty Rooms
Guest/Servant Qtrs: Non-Conforming
Pool Info
Heated: Yes
Financial Status
Auction: No
Bank Owned: No
Standard Sale: Yes
Property Features
Fee Includes: Common Area Mnt; Other
Tax Exemptions: None
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Property Condition: Updated/Remodeled
Vehicle Storage: Off Street Parking; Open Parking; Trailer Storage
Furnished: Furnished
Cooling/Heating: Ceiling Fans; Central A/C; Ductless A/C; Heat
Porch/Balcony: Open Porch/Balcony; Patio
Utilities: Cable Available; Elect Separate Meter; FKAA; Water Separate Meter
Interior Features: Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Foyer; Pantry; Quartz Countertops; Storage; Walk-in Closet; Whirlpool Bath Tub; Window Treatments
Pre-Wired: Cable
Specialty Rooms: Laundry Room; Utility Room
Appliances: Dishwasher; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Washer
Exterior Features: Hot Tub; Lanai; Landscape Lighting
Pool Info: In Ground; Fiberglass
Construction: CBS; Concrete; Stucco
Windows/Doors: French Doors; Glass Doors; Impact Rstnce Doors; Impact Rstnce Window
Floor: Laminate; Tile Floor
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
Title: Title Ins - Buyer

Listing Office: Berkshire Hathaway HomeServices Keys Real Estate

Last Updated: November - 24 - 2021

10 Ocean East Drive, Marathon, FL 33050 - MLS# 597820

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