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.
Sold for $2,850,000
$2,850,000
10 E Ocean Dr, Marathon, FL 33050
5beds
1,614sqft
Single Family Residence
Built in 1992
0.29 Acres Lot
$2,909,400 Zestimate®
$1,766/sqft
$4,822 Estimated rent
Home value
$2,909,400
$2.62M - $3.26M
$4,822/mo
Zestimate® history
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$17,734/mo
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List your homeWhat's special
Spacious backyardNew storm impact windowsNew fish lightCoveted ocean east peninsulaOutdoor living spaceUpdated bathroomsNew kitchen
Zillow last checked:
Listing updated:
Listed by:
Kelly Randin 305-619-2322,
RE/MAX All Keys Real Estate
Bought with:
Brenda G Torrella, 527007
Berkshire Hathaway HomeServices Keys Real Estate
Source: FLKMLS,MLS#: 605984
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Heat Pump, Ceiling Fans(s), Ductless
Appliances
- Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Disposal, Trash Compactor, Freezer, Ice Maker, Stainless Steel Appliance(s)
- Laundry: Laundry Room
Features
- Built-in Features, Storage, Walk-in Closet(s), Quartz Countertops
- Flooring: Tile, Laminate
- Furnished: Yes
Interior area
- Total structure area: 1,614
- Total interior livable area: 1,614 sqft
Property
Parking
- Parking features: Open, RV Access/Parking, Storage
- Has uncovered spaces: Yes
Features
- Patio & porch: Open Porch/Balcony, Patio, Lanai
- Exterior features: Sandy Beach
- Has private pool: Yes
- Pool features: In Ground, Fiberglass
- Has spa: Yes
- Spa features: Heated
- On waterfront: Yes
Lot
- Size: 0.29 Acres
- Dimensions: 100 x 122
Details
- Parcel number: 00104670001000
- Zoning: RM-1 - Residential Medium - 1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS, Concrete
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1992
Utilities & green energy
- Utilities for property: Water Separate Meter, Cable Available
Community & HOA
Community
- Features: Fire Hydrant, Beach
- Security: Security Gate, Security Guard
- Subdivision: Ocean East (50.0)
HOA
- Has HOA: Yes
- Services included: Common Area Mnt
- HOA fee: $200 annually
Location
- Region: Marathon
Financial & listing details
- Price per square foot: $1,766/sqft
- Annual tax amount: $15,206
- Date on market: 7/15/2023
- Listing terms: Seller Finance Psble,Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2024 | Sold | $2,850,000-5%$1,766/sqft |
Source:  FLKMLS #605984 Report a problem | ||
| 2/2/2024 | Pending sale | $2,999,999$1,859/sqft |
Source: FLKMLS #605984 Report a problem | ||
| 1/18/2024 | Price change | $2,999,999-9.1%$1,859/sqft |
Source: FLKMLS #605984 Report a problem | ||
| 12/4/2023 | Price change | $3,299,000-10.8%$2,044/sqft |
Source: FLKMLS #605984 Report a problem | ||
| 8/15/2023 | Price change | $3,699,000-5.1%$2,292/sqft |
Source: FLKMLS #605984 Report a problem | ||
| 7/15/2023 | Listed for sale | $3,899,000+32.2%$2,416/sqft |
Source: FLKMLS #605984 Report a problem | ||
| 3/7/2022 | Listing removed | -- |
Source:  MLKAR Report a problem | ||
| 9/21/2021 | Listed for sale | $2,950,000$1,828/sqft |
Source: MLKAR #597820 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 33050
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Nearby schools
GreatSchools rating
- 5/10Stanley Switlik Elementary SchoolGrades: PK-5Distance: 7.6 mi
- 5/10Marathon SchoolGrades: 6-12Distance: 6.9 mi
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Estimated market value
$2,909,400
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Estimated market value
$2,909,400
- Florida
- Monroe County
- Marathon
- 33050
- 10 E Ocean Dr
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