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Sold for $2,250,000
  • $2,250,000

    247 Pescayo Ave, Marathon, FL 33050

    4beds
    2,040sqft
    Single Family Residence
    Built in 2023
    6,098 Square Feet Lot
    $2,427,200 Zestimate®
    $1,103/sqft
    $6,260 Estimated rent

    Home value

    $2,427,200

    $2.16M - $2.72M

    $6,260/mo

    Zestimate® history
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    What's special

    Newly constructed homeImpeccably furnishedTastefully decoratedPicturesque sunsets
    Introducing the Epitome of Waterfront Luxury Living. A newly constructed home nestled on a captivating peninsula surrounded by elegant new homes. This 4 bedroom, 4.5 bath single-family residence is a true masterpiece, boasting 75 Ft of waterfront with a deep water dock and wood grain composite decking, granting effortless access to the Atlantic Ocean in mere minutes. Step inside and be greeted by an opulent interior where every bedroom is an en-suite, ensuring privacy and comfort for all. As the day winds down, indulge in picturesque sunsets from your expansive 45' outdoor terrace, creating an idyllic setting for relaxation and entertainment. Impeccably furnished and tastefully decorated, this home exudes elegance and sophistication at every turn. This custom concrete swimming pool invites you to take refreshing dips on warm summer days. Equipped with a heater for those cooler days. Its prime location offers tremendous income potential, allowing for 7-Day short-term vacation rentals, with a vacation rental license currently in process with an estimated annual gross rents $190k-$220K. Storage space is never a concern, providing 801 sq ft of spacious area downstairs for all your toys.. Revel in breathtaking views that surround you, and anticipate the forthcoming completion of the pavers and backyard, as the permitting process is already underway. Experience the allure of Pescayo Ave, where the dream of coastal living becomes a breathtaking reality. Owner Agent.

    Zillow last checked:

    Listing updated:

    Listed by:

    Carlos Lorenzo 786-251-4823,

    American Caribbean Real Estate, Christie's International Real Estate

    Bought with:

    Kristina Thomson, 3258465

    Coldwell Banker - Pinecrest

    Source: FLKMLS,MLS#: 606714MLS LogoOriginating MLS: Florida Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer
    Features
    • Split Bedroom, Quartz Countertops, Walk-In Closet(s), Storage
    • Flooring: Tile
    • Doors: Impact Rstnce Doors
    • Windows: Impact Rstnce Window
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,040 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Covered
    Features
    • Levels: Two
    • Stories: 2
    • Has private pool: Yes
    • Pool features: Heated, In Ground
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Front, Waterfront, Dock: Composite, Dock Length: 73
    Lot
    • Size: 6,098 Square Feet
    • Features: Less Than 1/4 Acre
    Details
    • Parcel number: 00363451001400
    • Zoning: RL
    • Zoning description: Residential Low

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    • Roof: Metal
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Sewer: Municipal Sewer, Public Sewer
    • Utilities for property: FKAA

    Community & HOA

    Community
    • Subdivision: Coco Plum Beach (54.5)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Marathon

    Financial & listing details

    • Price per square foot: $1,103/sqft
    • Tax assessed value: $1,820,185
    • Annual tax amount: $3,393
    • Date on market: 9/21/2023
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    2/29/2024Sold$2,250,000-6.2%$1,103/sqft
    Source: FLKMLS #606714 Report a problem
    2/16/2024Pending sale$2,399,900$1,176/sqft
    Source: FLKMLS #606714 Report a problem
    2/1/2024Contingent$2,399,900$1,176/sqft
    Source: Key West AOR #606714 Report a problem
    1/13/2024Price change$2,399,900-3.2%$1,176/sqft
    Source: Key West AOR #606714 Report a problem
    12/2/2023Price change$2,479,900-4.6%$1,216/sqft
    Source: Key West AOR #606714 Report a problem
    11/3/2023Price change$2,599,900-5.5%$1,274/sqft
    Source: Key West AOR #606714 Report a problem
    10/6/2023Price change$2,749,900-1.8%$1,348/sqft
    Source: Key West AOR #606714 Report a problem
    9/21/2023Listed for sale$2,799,900+672.6%$1,373/sqft
    Source: Key West AOR #606714 Report a problem
    1/13/2022Sold$362,400$178/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,069 +38%$1,820,185 +66.8%
    2024$11,642 +189.4%$1,091,056 +192.2%
    2023$4,023 +18.6%$373,456 +7.1%
    2022$3,393 $348,560
    Find assessor info on the county website

    Neighborhood: 33050

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,427,200
    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
    $2,427,200