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Sold for $1,432,000
  • $1,432,000

    417 Sombrero Beach Rd, Marathon, FL 33050

    2beds
    1,200sqft
    Single Family Residence
    Built in 1984
    3,920 Square Feet Lot
    $1,450,400 Zestimate®
    $1,193/sqft
    $3,750 Estimated rent

    Home value

    $1,450,400

    $1.26M - $1.67M

    $3,750/mo

    Zestimate® history
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    What's special

    Spacious canal front lotExisting metal roof
    Seller Financing Possible. While the home does require work and is being sold AS IS, it offers a unique opportunity to customize and add value in a highly desirable area of Marathon, Florida. 417 Sombrero Beach Road is a single family, above-ground home situated on a spacious canal front lot with approximately 99 feet of concrete dockage. Ideal for boaters and water lovers. Located just a short walk from Sombrero Beach and only minutes from grocery stores, top restaurants and local conveniences. This property combines location, lifestyle, and long term potential. Zoned for 7-day minimum vacation rentals, this home presents a strong opportunity for investors looking to generate short term rental income in one of the Florida Keys' highest demand markets. The large lot, canal access and existing metal roof create a solid foundation for renovation and repositioning. For retirees, it's a chance to build a custom retreat in a walkable, waterfront community near one of the Keys' best beaches. For investors, it's a canvas to create a high performing rental or second home that can grow in value over time. The home is being sold AS IS and buyers are encouraged to verify all conditions and potential. However, with seller financing as an option, the path to ownership is more flexible than many traditional opportunities in the area. 417 Sombrero Beach Road represents more than a property, it's a rare investment in one of Marathon's most sought-after neighborhoods, with the location and zoning to support long term growth and income potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lela Ashkarian 305-395-0814,

    Coldwell Banker Schmitt Real Estate Co.,

    Jesus Parra 786-282-9281,

    Coldwell Banker Schmitt Real Estate Co.

    Bought with:

    outside of mls

    Outside Of MLS

    Source: FLKMLS,MLS#: 616773MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air
    Appliances
    • Included: Washer, Dryer, Refrigerator, Oven
    Features
    • Furnished: Yes
    Interior area
    • Total structure area: 1,200
    • Total interior livable area: 1,200 sqft

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Deck
    • On waterfront: Yes
    Lot
    • Size: 3,920 Square Feet
    • Dimensions: 98x140
    Details
    • Parcel number: 00355300000100
    • Zoning: RM - Residential Medium

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame
    Condition
    • Fixer
    • New construction: No
    • Year built: 1984

    Community & HOA

    Community
    • Features: Beach, Bike Paths
    • Subdivision: Sombrero Prop Plat (49.5)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Marathon

    Financial & listing details

    • Price per square foot: $1,193/sqft
    • Tax assessed value: $1,313,244
    • Annual tax amount: $9,900
    • Date on market: 10/7/2025
    • Listing terms: Seller Finance Psble,Cash,Conventional

    Price history

    DateEventPrice
    11/21/2025Sold$1,432,000-4.5%$1,193/sqft
    Source: FLKMLS #616773 Report a problem
    11/7/2025Pending sale$1,500,000$1,250/sqft
    Source: FLKMLS #616773 Report a problem
    10/21/2025Contingent$1,500,000$1,250/sqft
    Source: Key West AOR #616773 Report a problem
    10/7/2025Listed for sale$1,500,000+9900%$1,250/sqft
    Source: Key West AOR #616773 Report a problem
    9/23/2025Sold$15,000-91.6%$13/sqft
    Source: Public Record Report a problem
    9/15/2011Listing removed$179,000$149/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #553680 Report a problem
    12/12/2010Listed for sale$179,000+51.1%$149/sqft
    Source: Coldwell Banker Schmitt Real Estate Co. #553680 Report a problem
    9/11/1996Sold$118,500$99/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,084 +1.8%$910,843 +10%
    2024$9,901 +7.2%$828,039 +10%
    2023$9,238 +11.8%$752,763 +10%
    2022$8,260 +14.8%$684,330 +10%
    2021$7,194 +1.1%$622,118 -0.3%
    2020$7,114 $624,229 +3.3%
    2019$7,114 +2.8%$604,085 +0.4%
    2018$6,921 +3.7%$601,627 +9.7%
    2017$6,673 +8%$548,429 +5.1%
    2016$6,178 +2.6%$521,770 +12.3%
    2015$6,023 $464,604
    Find assessor info on the county website

    Neighborhood: 33050

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,450,400
    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
    $1,450,400