$2,750,000
SOLD MAY 16, 2019

124 Sunrise Dr Marathon, FL 33050

5 Beds
5 Baths
5,200 Sq Ft
0.35 Acres

Recently Sold

$529 Per Sq Ft

15% Below List Price

474 Days on Market

Highlights

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

About This Home

As of October 2023

Arriving to your stunning 5,000 sq. ft. Beachfront Estate, in the exclusive gated community of Sunrise Isles, you will be greeted by gorgeous ocean views and balmy breezes. Once here you will enjoy world-class fishing and diving just minutes away or fantastic paddle boarding and kayaking from your private beach. After a day out on the water you will want to play by your resort-style pool complete with a cabana bath and a covered lanai for a break from the sun. In the evenings friends and family can gather on the colossal porch overlooking the ocean or in the spacious Great Room featuring Mexican stone flooring and endless ocean views where you can cook up a meal in the open Chef's Kitchen offering European cabinetry, granite counters and bar and Wolf stainless appliances.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. Lower Keys Office License #605677 Listed on: 12/11/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,077

Year Built

  • Built in 2010

Lot Details

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

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 5,200 Sq Ft Home
  • 3-Story Property
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Home Theater
  • Storage
  • Utility Room
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Carport
  • Electric Gate
  • Guest Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Airstrip
  • Boat Lift
  • Dock made with concrete
  • Balcony
  • Deck
  • Patio
  • Outdoor Water Feature
  • Lanai
  • Exterior Lighting
  • Exterior Bathhouse
  • Outdoor Storage

Utilities

  • Central Air
  • 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

  • Sunrise Isle Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,077

Year Built

Built in 2010

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 300.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Dock Length: 97
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • 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: Airstrip, Other Area Features, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 20076.91
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking, Guest Parking, Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2010
  • Alternate Key Number: 8803150
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 15397.00
  • Pool Info: Concrete, In Ground, Decked
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 5200.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Bar, Security System, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Smoke Alarms, Other, Granite Counter Top, Cathedral Ceilings, Entrance Foyer, Drapes/Blinds Incl
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Wine Cooler, Washer, Stainless Steel Appliance(s), Oven, Refrigerator, Range, Microwave, Gas Appliances, Dryer, Disposal
  • Floor: Combo, Wood, Tile, Other, Laminate
  • Specialty Rooms: Bath House, Other, Utility Room, Laundry Room, Media Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 5

Exterior Features

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

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, Propane, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: VE,VE,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: 2016

Multi Family

  • Total Units: 1.00

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: Florida Keys Board 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: Florida Keys Board of REALTORS®

MLS Number: 577820

Florida Keys Board of REALTORS®

APN: 00355151-001600