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Sold for $1,610,000
  • $1,610,000

    538 Sombrero Beach Rd, Marathon, FL 33050

    2beds
    1,344sqft
    Single Family Residence
    Built in 1982
    10,018 Square Feet Lot
    $1,614,200 Zestimate®
    $1,198/sqft
    $3,924 Estimated rent

    Home value

    $1,614,200

    $1.40M - $1.86M

    $3,924/mo

    Zestimate® history
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    What's special

    Private dockWaterfront homeSleek metal roofImpact-resistant windowsExpansive driveway
    THIS PROPERTY IS SET TO UNDERGO SIGNIFICANT UPDATES AND ENHANCEMENTS. STAY TUNED FOR DETAILS ON THE UPCOMING RENOVATIONS AND IMPROVEMENTS. Waterfront Paradise in the Heart of the Florida Keys Nestled in the heart of the Florida Keys, this captivating waterfront home offers the quintessential island lifestyle that so many dream of. Designed for beach lovers, boating enthusiasts, and aviation aficionados, this property is perfectly positioned just steps from the powdery sands of Sombrero Beach and minutes from MillionAir FBO at Marathon Airport. Imagine waking up each day with seamless access to the crystal-clear ocean waters right from your backyard—a paradise for those who crave the thrill of boating, fishing, and watersports. The property boasts a private dock, complete with an active permit to extend for larger vessels, making it a boater's haven. Whether you're setting out for a day of fishing or embarking on a sunset cruise, your adventures start right at your doorstep. Built with both durability and style in mind, this home features impact-resistant windows, sturdy concrete siding, and a sleek metal roof, offering not only timeless aesthetics but also peace of mind during storm season. Outdoor living is at the heart of this home, centered around a heated concrete pool that invites you to relax and unwind. This space is perfect for hosting unforgettable gatherings with family and friends or simply enjoying a quiet evening under the stars. The downstairs enclosure offers ample storage for all your gear, while the enclosed garage and expansive driveway provide plenty of room for cars, boats, and even an RV—ideal for adventurers who need extra space for their toys. Located in the vibrant Marathon area, you'll find yourself within easy reach of top-rated restaurants, lively bars, and the convenience of Publix Supermarket. The property is currently operating as a successful vacation rental, fully furnished and turnkey, making it a fantastic investment opp

    Zillow last checked:

    Listing updated:

    Listed by:

    Ashkarian Ardis Team 305-395-0814,

    Coldwell Banker Schmitt Real Estate Co.,

    Jesus Parra 786-282-9281,

    Coldwell Banker Schmitt Real Estate Co.

    Bought with:

    Lokation Real Estate

    Source: FLKMLS,MLS#: 611447MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
    Features
    • Built-in Features, Granite Counters, Storage, Walk-in Closet(s)
    • Flooring: Tile, Laminate
    • Furnished: Yes
    Interior area
    • Total structure area: 1,344
    • Total interior livable area: 1,344 sqft

    Property

    Parking
    • Parking features: Open, Storage
    • Has uncovered spaces: Yes
    Features
    • Levels: Multi/Split
    • Patio & porch: Open Porch/Balcony
    • Exterior features: Storage
    • Has private pool: Yes
    • Pool features: In Ground, Concrete
    • On waterfront: Yes
    Lot
    • Size: 10,018 Square Feet
    • Dimensions: 75x129x75x133
    Details
    • Parcel number: 00354930000000
    • Zoning: RM - Residential Medium

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS, Frame, Combo Construction, Hardi Board Siding
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1982

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Beach, Bike Paths
    • Security: Security Guard
    • Subdivision: Sombrero Bch Village (49.5)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Marathon

    Financial & listing details

    • Price per square foot: $1,198/sqft
    • Tax assessed value: $1,373,607
    • Annual tax amount: $11,448
    • Date on market: 9/13/2024
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/11/2025Sold$1,610,000-40.4%$1,198/sqft
    Source: FLKMLS #611447 Report a problem
    4/9/2025Contingent$2,700,000$2,009/sqft
    Source: FLKMLS #611447 Report a problem
    4/8/2025Pending sale$2,700,000$2,009/sqft
    Source: FLKMLS #611447 Report a problem
    2/3/2025Contingent$2,700,000$2,009/sqft
    Source: FLKMLS #611447 Report a problem
    11/20/2024Price change$2,700,000+59.4%$2,009/sqft
    Source: FLKMLS #611447 Report a problem
    11/13/2024Price change$1,694,000-0.3%$1,260/sqft
    Source: FLKMLS #611447 Report a problem
    10/28/2024Price change$1,699,000-2.9%$1,264/sqft
    Source: FLKMLS #611447 Report a problem
    9/13/2024Listed for sale$1,750,000+0.1%$1,302/sqft
    Source: Key West AOR #611447 Report a problem
    8/21/2024Listing removed--
    Source: Key West AOR #608820 Report a problem
    7/2/2024Price change$1,749,000-5.5%$1,301/sqft
    Source: Key West AOR #608820 Report a problem
    6/5/2024Price change$1,850,000-2.1%$1,376/sqft
    Source: Key West AOR #608820 Report a problem
    5/25/2024Price change$1,890,000-1.6%$1,406/sqft
    Source: Key West AOR #608820 Report a problem
    4/29/2024Price change$1,920,000-1%$1,429/sqft
    Source: Key West AOR #608820 Report a problem
    4/5/2024Price change$1,940,000-0.5%$1,443/sqft
    Source: Key West AOR #608820 Report a problem
    3/18/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/29/2024Price change$6,700-6.9%$5/sqft
    Source: Zillow Rentals Report a problem
    2/21/2024Price change$7,200-6.5%$5/sqft
    Source: Zillow Rentals Report a problem
    2/20/2024Listed for sale$1,950,000+105.3%$1,451/sqft
    Source: Key West AOR #608820 Report a problem
    2/18/2024Listed for rent$7,700$6/sqft
    Source: Zillow Rentals Report a problem
    4/5/2021Sold$950,000-13.2%$707/sqft
    Source: Public Record Report a problem
    4/12/2009Listing removed$1,095,000$815/sqft
    Source: AgentWebsite Inc. #532813 Report a problem
    12/23/2008Listed for sale$1,095,000+68.5%$815/sqft
    Source: AgentWebsite Inc. #532813 Report a problem
    7/28/2004Sold$650,000+232.7%$484/sqft
    Source: Public Record Report a problem
    1/28/1998Sold$195,400$145/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,455 +2%$1,309,705 +10%
    2024$12,210 +6.7%$1,190,641 +10%
    2023$11,448 +11%$1,082,401 +10%
    2022$10,314 +27.6%$984,001 +38.1%
    2021$8,086 +23.9%$712,274 +17.7%
    2020$6,527 $605,344 +2.3%
    2019$6,527 +2%$591,735 +1.9%
    2018$6,396 +5%$580,702 +2.1%
    2017$6,091 +1.8%$568,759 +2.1%
    2016$5,983 -0.8%$557,061 +13.7%
    2015$6,034 $489,770
    Find assessor info on the county website

    Neighborhood: 33050

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,614,200
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    Estimated market value
    $1,614,200