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Sold for $2,200,000
  • $2,200,000

    227 Pescayo Ave, Marathon, FL 33050

    4beds
    1,740sqft
    Single Family Residence
    Built in 2023
    5,662 Square Feet Lot
    $2,078,200 Zestimate®
    $1,264/sqft
    $4,749 Estimated rent

    Home value

    $2,078,200

    $1.87M - $2.31M

    $4,749/mo

    Zestimate® history
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    What's special

    Waterfront homeLarge main suiteSplit floor planContemporary open concept layoutCustom showerSpacious outdoor porch areaDock and pool areas
    YOUR ULTIMATE KEYS GETAWAY... has just been found!!! Welcome to ''Paradise Point'', Like-New, Built in 2023, this solid CBS waterfront home is in the new subdivision of Coco Plum Estates. This contemporary OPEN CONCEPT layout, 4 bedroom /3 bath home, boasts LARGE Main suite with walk-in closet & a huge walk-in custom shower w/ floor to ceiling tile & glass shower enclosure. Enjoy a split floor plan between the main bedroom & guest bedrooms. There is a second master with an ensuite bath & its own private exit off the back porch. Two spacious guests rooms share a large jack & jill bathroom w/ tiled shower & glass shower enclosures. The living, dining & kitchen area was designed to flow perfectly for easy entertaining while spending time with family & friends. Convenient coffee bar & wine cooler in kitchen. Impact doors lead to the spacious outdoor porch area that overlooks the dock & pool areas. Take the stairs down to the backyard that has been thoughtfully laid out for a relaxing day of sunning or watching a game pool side or just playing ping pong or one of the many family games. Refrigerator, sink w/ water, bait freezer & cabinets make it easy for you to BBQ your fresh catch w/out running back and forth upstairs. The massive storage enclosure is ideal for storing all your fishing and dive gear. Property could be used as a vacation rental but is not currently being rented. Home conveys fully furnished, turn key. Located in Coco Plum Estates, one of Marathon's new luxury waterfront communities in Coco Plum, the boating access is fantastic w/ less than 10 minutes to the OCEAN & quick access to the Gulf via Vaca Cut. The Homes on this street are all 2+ million. This home will not last... NEWER construction CBS home, metal roof, built to last, located on a desirable street, close to the ocean, Coco Plum beach, walking/bike paths & all the best shops and restaurants. Active boat lift permit on hand (20K Lbs) if a buyer wishes to continue project post-closing. Other notable features include: Pavered Driveway, pavered downstairs recreation area and custom tiled pool area. Pool is heated. Plenty of parking and room to park boat trailers etc. Low insurances.

    Zillow last checked:

    Listing updated:

    Listed by:

    Monica Jane Barrett 305-433-0349,

    Coldwell Banker Schmitt Real Estate Co.,

    Rick Bryan Servais 305-731-5010,

    Coldwell Banker Schmitt Real Estate Co.

    Bought with:

    Katie Grace Carrillo, SL3429647

    LPT Realty, LLC

    Source: FLKMLS,MLS#: 613639MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Freezer, Wine Cooler, Stainless Steel Appliance(s)
    Features
    • Storage, Walk-in Closet(s)
    • Flooring: Tile
    • Furnished: Yes
    Interior area
    • Total structure area: 1,740
    • Total interior livable area: 1,740 sqft

    Property

    Parking
    • Parking features: Open, RV Access/Parking, Storage
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Patio
    • Exterior features: Rain Gutters, Storage
    • Has private pool: Yes
    • Pool features: In Ground, Concrete
    • Fencing: Fenced
    • On waterfront: Yes
    Lot
    • Size: 5,662 Square Feet
    Details
    • Parcel number: 00363451000400
    • Zoning: RH - Residential High

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    Condition
    • Year built: 2023

    Utilities & green energy

    • Utilities for property: Water Separate Meter, Elect Separate Meter, Cable Available

    Community & HOA

    Community
    • Features: Community Boat Ramp, Beach, Other, Bike Paths
    • Security: Security Guard
    • Subdivision: Coco Plum Beach (54.5)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Marathon

    Financial & listing details

    • Price per square foot: $1,264/sqft
    • Tax assessed value: $1,582,688
    • Annual tax amount: $11,091
    • Date on market: 2/11/2025
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/14/2025Sold$2,200,000-8.1%$1,264/sqft
    Source: FLKMLS #613639 Report a problem
    4/9/2025Contingent$2,395,000$1,376/sqft
    Source: FLKMLS #613639 Report a problem
    3/31/2025Pending sale$2,395,000$1,376/sqft
    Source: FLKMLS #613639 Report a problem
    3/14/2025Contingent$2,395,000$1,376/sqft
    Source: Key West AOR #613639 Report a problem
    2/11/2025Listed for sale$2,395,000+26.1%$1,376/sqft
    Source: FLKMLS #613639 Report a problem
    9/3/2024Sold$1,900,000-4.8%$1,092/sqft
    Source: Public Record Report a problem
    7/17/2024Contingent$1,995,000$1,147/sqft
    Source: MLKAR #610539 Report a problem
    6/24/2024Listed for sale$1,995,000+1730.3%$1,147/sqft
    Source: MLKAR #610539 Report a problem
    1/12/2022Sold$109,000$63/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,064 +27%$1,582,688 +61%
    2024$11,074 +196.6%$983,001 +184.4%
    2023$3,733 -1.5%$345,700
    2022$3,790 $345,700
    Find assessor info on the county website

    Neighborhood: 33050

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,078,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,078,200