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$2,250,000
Marathon, FL 33050
MLS# 598050
Status: Closed
4 beds | 4 baths | 2808 sqft
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Property Description
Welcome to Paradise Cove! The perfect vacation home and proven rental property. This fabulous waterfront home has beautiful ocean views, upgraded interior, tropical pool, fully outfitted dock, & is walking distance to Sombrero Beach, this is the ideal getaway and investment. Private backyard features pool, hot tub and oversized tiki hut. Enjoy the large dock with a 15k lb boat lift, fish cleaning station and a floating dock to launch kayaks/jetskis. The first floor has a spacious living room, kitchen, and breezy balcony with views of the pool, canal, and ocean. Off the living room are two bedrooms with a shared bathroom – one with a King-sized bed and one with two trundle beds (4 twins). Additional half bath and laundry room. Upstairs, oversized master suite with sitting area, luxurious ensuite bathroom, and large balcony overlooking the ocean. Additional large bedroom with a private bathroom and a walk-in closet plus large bonus game room with wet bar. More ocean views are visible from the connected balcony. Perfect location in nice neighborhood with all the conveniences and beautiful Sombrero Beach, ranked one of the best beaches in the Florida Keys, less than 1 mile away. Plenty of parking with two covered spaces and room for a boat trailer and RV. Large downstairs storage area for all your gear with fridge and freezer and separate owners' area. Home is being sold fully furnished and outfitted, down to the kayaks and wine glasses. Significant investment was made to turn this perfect personal home into a proven turn-key rental property with all safety and security measures and owners locked storage spaces. It is fully stocked for all items for babies to teens to adults to have the perfect getaway. Grossed $165K income its first year and already has over $66,000 in revenue for upcoming bookings through 2022.
Details
Maps
Documents
Contract Information
Current Price: $2,250,000
Listing Date: 2021-10-07
Listing Board: Marathon/Lower Keys
Sold Price: $2,250,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 544
Street Name: Sombrero Beach
Street Suffix: Road
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Off Shore Island: No
County: Monroe
Subdivision: Sombrero Bch Village (49.5)
Mile Marker: 49.5
Area: 14 - Sombrero Area
Marathon Neighborhood: Sombrero
Side: Ocean
Flood Zone: AE,AE
Alternate Key #: 1432687
Parcel #: 00354960-000000
Zoning: RM - Residential Medium
Deed Restrictions: No
Legal: BK 2 LT 2 SOMBRERO BEACH VILLAGE BOOT KEY PB5-86 OR469-504 OR789-348 OR992-1594 OR2281-65/66 OR2511-1064/65
Taxes: 9829.71
Tax Year: 2020
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 3
Pool: Yes
Year Built: 1992
Lot SqFt: 8838
Acres: 0.2
Living Apx SqFt: 2808
SqFt Source: Tax Records
Total Bedrooms: 4
Full Baths: 3
Half Baths: 1
Total Baths: 4
Rentals Allowed: Yes
Min Rental Days: 7
Remarks & Misc
Remarks – Consumer: Welcome to Paradise Cove! The perfect vacation home and proven rental property. This fabulous waterfront home has beautiful ocean views, upgraded interior, tropical pool, fully outfitted dock, & is walking distance to Sombrero Beach, this is the ideal getaway and investment.
Private backyard features pool, hot tub and oversized tiki hut. Enjoy the large dock with a 15k lb boat lift, fish cleaning station and a floating dock to launch kayaks/jetskis. The first floor has a spacious living room, kitchen, and breezy balcony with views of the pool, canal, and ocean. Off the living room are two bedrooms with a shared bathroom – one with a King-sized bed and one with two trundle beds (4 twins). Additional half bath and laundry room. Upstairs, oversized master suite with sitting area, luxurious ensuite bathroom, and large balcony overlooking the ocean. Additional large bedroom with a private bathroom and a walk-in closet plus large bonus game room with wet bar. More ocean views are visible from the connected balcony.
Perfect location in nice neighborhood with all the conveniences and beautiful Sombrero Beach, ranked one of the best beaches in the Florida Keys, less than 1 mile away. Plenty of parking with two covered spaces and room for a boat trailer and RV. Large downstairs storage area for all your gear with fridge and freezer and separate owners' area.
Home is being sold fully furnished and outfitted, down to the kayaks and wine glasses. Significant investment was made to turn this perfect personal home into a proven turn-key rental property with all safety and security measures and owners locked storage spaces. It is fully stocked for all items for babies to teens to adults to have the perfect getaway. Grossed $165K income its first year and already has over $66,000 in revenue for upcoming bookings through 2022.
Directions: US 1 to Sombrero Beach Road, house is on left heading toward beach, at intersection of Spoonbill and Sombrero Beach Road
Status Change Info
Sold Date: 2021-12-03
Sold Price: $2,250,000
Status: Closed
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
Transient Rntl Licns: Yes
Dockage
Dock Length: 75
Dock: Composite
Building Style
Above Flood: Unknown
Stories: 3 Stories
Financial Status
Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Canal View; Ocean View
Dockage: Boat Lift
Property Condition: Updated/Remodeled
Vehicle Storage: Carport; Attached; Covered Parking; RV Parking Open; Trailer Storage
Furnished: Furnished
Cooling: Ceiling Fans(s); Central Air; Heat Pump
Porch/Balcony: Open Porch/Balcony
Utilities: Buyer to Verify
Interior Features: Bar; Built-in Cabinets; Drapes/Blinds Incl; Quartz Countertops; Security System; Smoke Alarms; Storage; Walk-in Closet(s); Wet Bar; Window Treatments
Specialty Rooms: Laundry Room; Media Room; Other
Appliances: Dishwasher; Disposal; Dryer; Freezer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer
Exterior Features: Chickee Hut; Fencing; Hot Tub; Privacy Wall/Fence; Storage
Pool Info: In Ground; Concrete
Construction: Combo Construction; Concrete; Frame
Windows/Doors: Impact Rstnce Doors; Impact Rstnce Window
Floor: Carpet; Combo; Marble; Tile
Roof: Metal Roof
Pets: Pets Allowed
Neighborhood Feature: Beach
Security: On Premises System
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; No Seller Finance; VA
Title: Title Ins - Buyer
Property Data Card 
Listing Office: Island Breeze Realty, LLC
Last Updated: December - 08 - 2021
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