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Sold for $3,250,000
  • $3,250,000

    5 Ocean E, Marathon, FL 33050

    4beds
    5,340sqft
    Single Family Residence
    Built in 2001
    0.34 Acres Lot
    $3,854,000 Zestimate®
    $609/sqft
    $17,273 Estimated rent

    Home value

    $3,854,000

    $3.51M - $4.28M

    $17,273/mo

    Zestimate® history
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    $19,979/mo

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    What's special

    Nestled within the prestigious gated community of Ocean East, this luxurious oceanfront residence is a true gem, offering beautiful water views to the South AND the North! In an exclusive community of 16 homes, this waterfront estate offers an impressive 9,558 sqft under roof with 4,218 sqft of that being balconies, patios, and decks. The oceanfront allure is undeniable with its panoramic views extending to historic Sombrero Lighthouse, adding maritime charm to the stunning vistas. The private dock features 131 ft of stately concrete seawall, boat lift, lit fish-cleaning station, water, power, commercial hose reel, built-in swim ladder and electric davit. Soak in the mesmerizing scenery of both the SUNRISE and SUNSET from the southern-facing waterfront balconies on the main and upper levels of this home. The property provides room to add a pool and hot tub. Four generously sized bedrooms, each featuring their own private en-suites. The master suite has a large walk-in closet and en-suite bathroom, complete with jetted KOHLER tub, two vanities, and separate water closet. The kitchen features granite countertops, stainless steel refrigerator, glass cooktop, and gorgeous water views! The open-concept floorplan has luxurious travertine marble floors throughout, solid-core doors and Hunter Douglas window treatments. The large office space could easily be converted into an additional bedroom. Coveted ELEVATOR for convenience! The four-car garage and separate climate-controlled storage room offer ample space for vehicles and storage. Concrete barrel-tile roof adds to the Mediterranean charm. As a resident of this exclusive enclave, you'll be surrounded by multi-million dollar homes in a luxurious neighborhood, the ''Beverly Hills of Marathon FL'' ensuring that any enhancements you choose to make will be a valuable investment. Experience the pinnacle of coastal living enjoying the views of the dolphins playing, manatees grazing, and resident osprey fishing!

    Zillow last checked:

    Listing updated:

    Listed by:

    Samuel Davis Williams 305-289-6559,

    Coldwell Banker Schmitt Real Estate Co.

    Bought with:

    Lisa H Ferringo

    Coldwell Banker Schmitt Lower Keys (KW)

    Source: FLKMLS,MLS#: 608246MLS LogoOriginating MLS: Marathon/Lower Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Dishwasher, Oven, Range, Refrigerator
    • Laundry: Laundry Room
    Features
    • Elevator
    • Flooring: Tile
    • Doors: Sliding Glass Doors
    • Windows: Single Hung Windows, Accordion, Panel
    Interior area
    • Total interior livable area: 5,340 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, Garage Door Opener
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Patio
    • Has view: Yes
    • View description: Ocean, Water
    • Has water view: Yes
    • Water view: Ocean,Water
    • Waterfront features: Oceanfront, Open Water, Waterfront, Seawall: Concrete, Dock: Concrete, Dock Length: 131, Dockage: Boat Lift, Other Dockage
    Lot
    • Size: 0.34 Acres
    • Features: 1/4 - 1/2 Acre
    Details
    • Additional structures: Workshop
    • Parcel number: 00104670000500
    • Zoning: RM
    • Zoning description: Residential Medium
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS
    • Roof: Tile
    Condition
    • Year built: 2001

    Utilities & green energy

    • Electric: Elect Separate Meter
    • Sewer: Municipal Sewer, Public Sewer
    • Water: Water Separate Meter
    • Utilities for property: FKAA

    Community & neighborhood

    Security
    • Security features: Electric Gate
    Community
    • Community features: Fire Hydrant, Bike Paths, Airport/Runway, Beach
    Location
    • Region: Marathon
    • Subdivision: Ocean East (50.0)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $500 yearly
    • Services included: None

    Price history

    DateEventPrice
    10/18/2025Listing removed$5,499,000$1,030/sqft
    Source: Key West AOR #616083 Report a problem
    8/8/2025Listed for sale$5,499,000+69.2%$1,030/sqft
    Source: Key West AOR #616083 Report a problem
    6/21/2024Sold$3,250,000-9.7%$609/sqft
    Source: FLKMLS #608246 Report a problem
    5/23/2024Contingent$3,600,000$674/sqft
    Source: MLKAR #608246 Report a problem
    5/9/2024Price change$3,600,000-12.2%$674/sqft
    Source: MLKAR #608246 Report a problem
    3/12/2024Price change$4,100,000-8.9%$768/sqft
    Source: MLKAR #608246 Report a problem
    1/18/2024Listed for sale$4,500,000+38.5%$843/sqft
    Source: MLKAR #608246 Report a problem
    1/31/2006Sold$3,250,000+870.1%$609/sqft
    Source: Public Record Report a problem
    12/2/1997Sold$335,000$63/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$28,259 +37.4%$3,263,520 +43.7%
    2024$20,561 +0.4%$2,270,921 +3%
    2023$20,486 +1.1%$2,204,778 +3%
    2022$20,271 -2%$2,140,562 +3%
    2021$20,676 +3%$2,078,216 +1.4%
    2020$20,083 $2,049,523 +2.3%
    2019$20,083 +2.2%$2,003,444 +1.9%
    2018$19,654 +5.7%$1,966,089 +2.1%
    2017$18,595 +1.9%$1,925,651 +2.1%
    2016$18,252 -1.1%$1,886,045 +0.7%
    2015$18,453 $1,872,934

    Find assessor info on the county website

    Neighborhood: 33050

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,854,000
    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
    $3,854,000