10 E Ocean Drive, Marathon, FL 33050 (MLS# 605984)

10 E Ocean Drive, Marathon, FL 33050

$2,850,000

47-web-or-mls-10 Ocean Dr E - High Expos

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Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 1,614 Lot Size (sq. ft.): 13,000 Status: Closed

Current Price: $2,850,000 List Date: 7/15/2023 Last Modified: 9/01/2024

Overview

Description

Nestled within the coveted Ocean East peninsula in Marathon, FL, stands an exquisite oceanfront residence that epitomizes luxury living. This premier property is situated on one of the most esteemed and sought-after streets in Marathon, known for its unparalleled allure. This home has undergone extensive updates, including new storm impact windows and doors, a new kitchen, updated bathrooms, flooring, and tasteful furnishings. Capitalizing off this investment is easy; it currently holds a transferable vacation rental license through the City of Marathon and turnkey produces over $200K a year income with heavy owner usage. This makes it an attractive investment opportunity for those interested in vacation rentals. The residence offers stunning views during the day, and at night, you can enjoy the sight of 5 miles of shoreline lights. It features a pool, jacuzzi, dock, and a spacious backyard with excellent outdoor living space overlooking the ocean. The exterior is enhanced with aest ... (Read more)

Listing Details MLS# 605984

Location, Tax & Legal

Street #: 10
Direction: E
Street Name: Ocean
Street Suffix: Drive
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Ocean East (50.0)
Area: 14 - Sombrero Area

Contract Information

Listing Board: Florida Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 4
Pool: Yes
Year Built: 1992
Total Units: Yes
Lot SqFt: 13000
Lot Sqft Source: Property Data Card
Acres: 0.29
Living Apx SqFt: 1614
SqFt Source: Survey
Total Bedrooms: 5
Full Baths: 3
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: 7

Status Change Info

Under Contract Date: 2024-02-02
Leased Date: 2024-03-11

Association Info

Mandatory Home Owners Asc: Yes
Voluntary Home Owners Asc: Yes
1st Right of Refusal: No
Association Fee $: 200
Assoc/Mnt Fee Per: Yearly

License Info

Transient Rntl Licns: Yes

More Information

Dockage

Dock Length: 30
Dock: Wood
Seawall: Rip Rap

Building Style

Above Flood: No
# Stories: 2 Stories

Vehicle Storage

Car(s): 4+

Specialty Rooms

Guest/Servant Qtrs: Non-Conforming

Pool Info

Heated: Yes

Financial Status

Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes

Property Features

Fee Includes: Common Area Mnt Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Property Condition: Updated/Remodeled Vehicle Storage: Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage Furnished: Furnished Cooling: Ceiling Fans(s); Central Air; Ductless; Heat Pump Heating: Central Utilities: Buyer to Verify; Cable Available; FKAA; Water Separate Meter Interior Features: Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Entrance Foyer; Pantry; Quartz Countertops; Storage; Walk-in Closet(s); Whirlpool Bath Tub; Window Treatments Pre-Wired: Cable Specialty Rooms: Laundry Room; Utility Room; Other Appliances: Dishwasher; Disposal; Dryer; Freezer; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Trash Compactor; Washer Exterior Features: Hot Tub; Lanai; Sandy Beach Pool Info: In Ground; Fiberglass Construction: CBS; Concrete Floor: Laminate; Tile Roof: Tile Roof Pets: Pets Allowed Neighborhood Feature: Beach; Fire Hydrant Security: Electric Gate; Patrolled Area Land Size: 1/4 - 1/2 Acre Terms: Cash; Conventional; FHA; Seller Finance Psble; VA Title: Negotiable

Listing Office: RE/MAX All Keys Real Estate

Last Updated: September - 01 - 2024

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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