$5,490,000
SOLD OCT 24, 2023

124 Sunrise Dr Marathon, FL 33050

5 Beds
5.5 Baths
4,908 Sq Ft
0.35 Acres

Recently Sold

$1,119 Per Sq Ft

20% Below List Price

90 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Boat Lift
  • Coral Shores High School Rated A
  • Dock made with concrete
  • Sandy Beach

About This Home

As of October 2023

Redefine what's next at one of the few Middle Keys' private, gated islands: Sunrise Isle in Marathon. With only 20 direct oceanfront lots, privacy abounds. ''Ocean's Edge Oasis'' defines this ultra-modern residence with five bedrooms, five and a half bathrooms, and just under 5,000 sq ft situated on a .35 acre lot. Barrier island location provides 100 ft of white sandy oceanfront beach plus 99 ft of protected, canal front dockage with 2 new boat lifts (30,000 lbs & 10,000 lbs) - a rarity. Eastern exposure captivates exquisite sunrise views from almost 2,500 sq ft of waterfront balconies and shaded areas all afternoon. Recently reconfigured and newly tiled resort-style oceanfront pool is ideal for lounging or grill and chill in the covered pool cabana with a dining area and half bathroom. Newly enclosed garage houses new commercial ice machine, and storage for multiple vehicles and all water toys. The residence is built to last with superior poured concrete construction, hurricane impact windows and doors, and a brand new metal roof. Inside, you will find two levels of living; first with Chef's kitchen, dining, living area, media room, and 1 en-suite bedroom; second with master en-suite and double closets, office space, plus 3 more guest en-suite bedrooms. Enjoy open water views from every room. Gourmet kitchen features (2) granite topped islands with prep sink and counter seating for 4, bamboo and glass cabinetry, ice machine, wine cooler, Wolf propane 6 burner range, commercial exhaust fan, KitchenAid refrigerator, microwave, and oven, plus Asko dishwasher. Open concept floor plan flows from kitchen to dining with seating for 10+ guests plus living area. Separate media room with new Pecky cypress entertainment center and bar. Attention to detail abounds with 4 A/C zones, a central vacuum system, custom fabricated exterior railings, new landscaping, beach renovation, plus new exterior paint. Redefine Florida Keys luxury at ''Ocean's Edge Oasis''.

Last Agent to Sell the Property

Jo Ann Cook

Ocean Sotheby's International License #3330898 Listed on: 06/01/2023

Ocean Sotheby's International

Co-Listed By

Ally Kelley

Ocean Sotheby's International License #SL3352184

Last Buyer's Agent

Michele Craig

Campbell & Rosemurgy Real Estate, Inc. License #694108

Campbell & Rosemurgy Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,042

Year Built

  • Built in 2010 | Remodeled

Lot Details

  • 0.35 Acre Lot
  • Ocean Front
  • Home fronts a canal
  • Sandy Beach
  • Sprinkler System
  • Property is zoned R-MH - Residential - MH

HOA Fees

  • $100 Monthly HOA Fees

Property Views

  • Ocean
  • Canal

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 4,908 Sq Ft Home
  • 3-Story Property
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Home Theater
  • Storage
  • Utility Room

Kitchen

  • Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Electric Gate
  • Guest Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Boat Lift
  • Dock made with concrete
  • Balcony
  • Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 180
  • Assessor Parcel Number 00355151-001600

Community Details

Overview

  • Association fees include security
  • Sunrise Isle Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,042

Year Built

Built in 2010 | Remodeled

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1200.00
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 99
  • Document Count: 8
  • Fee Includes: Security
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Sombrero
  • Mile Marker: 50.00
  • Min Rental Days: 180.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 25041.73
  • Vehicle Storage: Garage, Trailer Storage, Covered Parking, Off Street Parking, Guest Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2010
  • Alternate Key Number: 8803150
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 10605.00
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck
  • Association Maintenance Fee Per: Yearly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 4908.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Bar, Window Treatments, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Granite Counter Top, Entrance Foyer, Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Gas Appliances, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Marble, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Utility Room, Media Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 5
  • Accessibility Features: None
  • Sq Ft Remarks: Appraiser SF measurements under document tab

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Oceanfront, Open Water, Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Lighting, Sprinkler System, Sandy Beach, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View, Canal View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Patrolled Area
  • Utilities: FKAA, Propane, Cable Available, Water Separate Meter, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE, VE
  • Parcel Number: 00355151-001600
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.35

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Oct 31, 2023
Sold by
Dale R Clift Revocable Trust
Bought by
Taylor Paul and Taylor Kelly
Seller's Agent
Jo Ann Cook
Ocean Sotheby's International
Buyer's Agent
Michele Craig
Campbell & Rosemurgy Real Estate, Inc.
List Price
$6,900,000
Sold Price
$5,490,000
Premium/Discount to List
-$1,410,000
-20.43%
Views
259
Current Estimated Value
$5,420,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,668
Avg. Annual Appreciation
0.71%

Purchase Details

Listed on
Jan 1, 2022
Closed on
Mar 11, 2022
Sold by
Sunrise Isles Investments Llc
Bought by
Dale R Clift Revocable Trust
Seller's Agent
Tara Graham
The Keyes Company
Buyer's Agent
Jo Ann Cook
Ocean Sotheby's International
List Price
$4,949,000
Sold Price
$4,500,000
Premium/Discount to List
-$449,000
-9.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.06%

Purchase Details

Listed on
Dec 11, 2017
Closed on
May 17, 2019
Sold by
Erg Marathon Investment Llc
Bought by
Sunrise Isles Investments Llc
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co. Lower Keys Office
Buyer's Agent
Creative Technology
List Price
$3,249,000
Sold Price
$2,750,000
Premium/Discount to List
-$499,000
-15.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.08%
Original Mortgage
$2,000,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2017
Closed on
May 16, 2019
Sold by
Erg Marathon Investment Llc
Bought by
Sunrise Isles Investments Llc
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co. Lower Keys Office
Buyer's Agent
Creative Technology
List Price
$3,249,000
Sold Price
$2,750,000
Premium/Discount to List
-$499,000
-15.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2015
Sold by
Greco Ernesto R
Bought by
Erg Marathon Investment Llc

Purchase Details

Closed on
Aug 26, 2005
Sold by
Schneider Richard J and Schneider Sheree D
Bought by
Greco Ernesto R

Purchase Details

Closed on
Jun 15, 2001
Sold by
Alan S Wortzel I
Bought by
Schneider Richard J and Schneider Sheree D

Purchase Details

Closed on
Aug 1, 1994
Bought by
Erg Marathon Investment Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,490,000 None Listed On Document
Warranty Deed $4,500,000 Cunningham Miller Rhyne Pa
Warranty Deed $2,750,000 None Listed On Document
Warranty Deed $2,750,000 None Listed On Document
Quit Claim Deed $1,154,600 Attorney
Warranty Deed $525,000 --
Warranty Deed $215,000 --
Warranty Deed $258,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 New Conventional
Previous Owner $2,000,000 New Conventional
Previous Owner $1,320,138 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $5,490,000 -6.9% $1,119 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
07/21/2023 07/21/23 Price Changed $5,900,000 -14.5% $1,202 / Sq Ft
06/01/2023 06/01/23 For Sale $6,900,000 +53.3% $1,406 / Sq Ft
03/11/2022 03/11/22 Sold $4,500,000 -9.1% $865 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
01/01/2022 01/01/22 For Sale $4,949,000 +80.0% $952 / Sq Ft
05/16/2019 05/16/19 Sold $2,750,000 -15.4% $529 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
12/11/2017 12/11/17 For Sale $3,249,000 -- $625 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $36,999 $4,448,286 $2,005,679 $2,442,607
2023 $36,999 $3,947,154 $1,679,389 $2,267,765
2022 $25,042 $2,623,732 $972,168 $1,651,564
2021 $24,406 $2,362,276 $884,730 $1,477,546
2020 $22,585 $2,212,853 $884,730 $1,328,123
2019 $22,998 $2,270,934 $925,878 $1,345,056
2018 $20,178 $2,039,385 $925,878 $1,113,507
2017 $18,501 $1,857,056 $0 $0
2016 $20,077 $1,959,692 $0 $0
2015 $15,557 $1,773,808 $0 $0
2014 $14,635 $1,624,213 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 605517

APN: 00355151-001600