$4,500,000
SOLD MAR 11, 2022

124 Sunrise Dr Marathon, FL 33050

5 Beds
5.5 Baths
5,200 Sq Ft
0.35 Acres

Recently Sold

$865 Per Sq Ft

9% Below List Price

53 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

Oceanfront estate located on the exclusive gated private island of Sunrise Isles. Built in 2010, this custom 5 bedroom/5.5 bathroom home is situated on 100+ ft. of sandy beach front overlooking the Atlantic Ocean. Complete w/ 99 ft. of brand new seawall and 12,000 lbs boat lift in protected canal with direct access to open water. Entertain comfortably in the great room with spectacular views and open chef's kitchen with a large island featuring granite counters, wet bar and Wolf stainless appliances. 1 bedroom and bath on 2nd level with bonus media room and laundry room. Master suite and 3 guest rooms on 3rd level with private balconies off almost every room in the house. Come enjoy this resort style pool with a new heater/chiller and built-in BBQ area under lanai. This tropical oasis is the ultimate Florida Keys living experience.

Last Agent to Sell the Property

Tara Graham

The Keyes Company Brokerage Phone: 7864864048 License #3715071 Listed on: 01/01/2022

The Keyes Company

Co-Listed By

Lesli Burkhead

The Keyes Company Brokerage Phone: 7864864048 License #601293

Last Buyer's Agent

Jo Ann Cook

Ocean Sotheby's International License #3330898

Ocean Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,406

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

  • $75 Monthly HOA Fees

Property Views

  • Ocean
  • Canal

Home Design

  • Concrete Roof

Interior Spaces

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

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Parking

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

Pool

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

Outdoor Features

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

Utilities

  • Central Air
  • Propane
  • Tankless Water Heater
  • 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

$24,406

Year Built

Built in 2010

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 900.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Dock Length: 99
  • Dockage Seawall: Concrete
  • Fee Includes: None, Other
  • Handicap Access: 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 24406.03
  • 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: 10605.00
  • Pool Info: Concrete, In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • 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: 5200.00
  • Pool Info Other: Chiller
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • G F Interior Features: Tankless Hot Wtr Htr
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: 7864864048
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Bar, Security System, Whirlpool Bath Tub, Wet Bar, Walk-in Closet(s), Storage, Other, Granite Counter Top, Cathedral Ceilings, Drapes/Blinds Incl
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Wine Cooler, Washer, Stainless Steel Appliance(s), Oven, Refrigerator, Range, Microwave, More Appliances, Gas Appliances, Dryer, Disposal
  • Floor: Combo, Wood, Tile
  • Half Bathrooms: 1
  • 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: Built-in Grill, Water Display, Storage, Sandy Beach, Sprinkler System, Outdoor Shower, Hot Tub, Lighting, Lanai
  • Roof: Concrete Roof
  • Waterview: Canal View, Ocean View, Open Water View
  • Pool: Yes

Utilities

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

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: 2021

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
0.69%

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: 598990

Florida Keys Board of REALTORS®

APN: 00355151-001600