NOT LISTED FOR SALE

14 Ocean Dr E Marathon, FL 33050

Estimated Value: $3,897,000 - $4,173,000

4 Beds
4.5 Baths
3,477 Sq Ft
$1,163/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $3,900,000 $1,122 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $23,699/month

156 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Boat Lift
  • Coral Shores High School Rated A
  • Dock made with wood
  • Concrete Pool

About This Home

As of October 2023

Modern Masterpiece with resort-style amenities and Open Water Views, in proximity to Sombrero Beach and exciting Marathon, nestled within the confines of gated Ocean East neighborhood. This home offers exceptional Keys living with sparkling pool, fire pit, outdoor shower, abundant poolside seating, gazebo, outdoor kitchen, complete with gas grill and refrigerator, and a large dock with 12K boat lift boasting direct access to world-famous fishing and diving! Inside, the spacious main living area lends itself to entertaining; walls of impact glass bring the outdoors in, featuring jaw-dropping Ocean views throughout the space. Enjoy evening cocktails, or morning coffee and Sunrise Views on an upstairs covered porch, accessed through impact sliding glass doors. An expertly appointed chef's kitchen boasts stunning quartz countertops and bright white cabinetry, large island, and peninsula, both with counter seating, and top-of-the-line Jenn-Air appliances, including refrigerator, induction range, oven, microwave, dishwasher, ice maker, and wine cooler. Guests can unwind in unprecedented comfort with 3 spacious guest rooms, boasting ample closet space and luxurious bathrooms. The upstairs main bedroom enjoys privacy from the rest of the house and features oversized picture windows looking out over the pristine backyard and the Atlantic Ocean beyond. A generous walk-in closet and palatial en suite bathroom is the epitome of luxury. Downstairs offers an abundance of parking and storage for keeping toys and equipment out of the elements, with 1-car and additional 2-car garage spaces, this home comes equipped for all storage needs. Situated in a prime location with every modern convenience, this Marathon Marvel epitomizes the coveted Keys lifestyle. Schedule a showing today!

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677 Listed on: 04/19/2023

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

Letisia Powell

Century 21 Schwartz Realty (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,443

Year Built

  • Built in 2019

Lot Details

  • 9,532 Sq Ft Lot
  • Ocean Front
  • Property is zoned RM-1 - Residential Medium - 1

Home Design

  • Metal Roof

Interior Spaces

  • 3,477 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Storage
  • Ocean Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass

Parking

  • Garage
  • Electric Gate
  • Open Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Boat Lift
  • Dock made with wood
  • Balcony
  • Patio
  • Outdoor Kitchen
  • Exterior Lighting
  • Gazebo
  • Attached Grill

Utilities

  • Central Air
  • Tankless Water Heater
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00104670-001400

Community Details

Overview

  • No Home Owners Association
  • Ocean East Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,443

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Sombrero
  • Mile Marker: 50.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Other Terms
  • Side: Ocean
  • State Province: FL
  • Taxes: 17443.13
  • Title: Negotiable
  • Vehicle Storage: Garage, Open Parking, Attached
  • Year Built: 2019
  • Alternate Key Number: 1122459
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 9532.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 3477.00
  • G F Interior Features: Tankless Hot Wtr Htr
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Quartz Countertops, Window Treatments, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Built-in Cabinets, Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Built-in Grill, Outdoor Shower, Outdoor Kitchen, Lighting, Gazebo
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,VE
  • Parcel Number: 00104670-001400
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.22

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
Apr 19, 2023
Closed on
Oct 27, 2023
Sold by
Coleman Gary and Coleman Emily
Bought by
Garrison D Pflumm Jr Trust and Pflumm
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Letisia Powell
Century 21 Schwartz Realty (KW)
List Price
$4,499,000
Sold Price
$3,900,000
Premium/Discount to List
-$599,000
-13.31%
Views
120
Current Estimated Value
$4,042,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,830
Avg. Annual Appreciation
1.66%
Original Mortgage
$3,125,524
Outstanding Balance
$3,059,192
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$983,638

Purchase Details

Listed on
Sep 6, 2021
Closed on
Oct 14, 2021
Sold by
William & Shireen Bower Trust
Bought by
Coleman Gary and Coleman Emily
Seller's Agent
Brenda Torrella
Chaplin Real Estate, Inc.
Buyer's Agent
Barry Tracy
KeyIsle Realty - Florida Keys
List Price
$3,595,000
Sold Price
$3,325,000
Premium/Discount to List
-$270,000
-7.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$1,725,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2009
Sold by
Five Cs Fuel Dock Inc
Bought by
Bower William and Bower Shireen

Purchase Details

Closed on
May 14, 2004
Sold by
Belden Henry S and Belden Barbara V
Bought by
Five Cs Fuel Dock Inc

Purchase Details

Closed on
Jan 9, 2003
Sold by
Andrew Sandra J
Bought by
Belden Henry S and Belden Barbara V

Purchase Details

Closed on
Dec 1, 1977
Bought by
Bower William And Shireen Trust 2/22/2002
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garrison D Pflumm Jr Trust $3,900,000 Harbor Title
Garrison D Pflumm Jr Trust $3,900,000 Harbor Title
Coleman Gary -- Harbor Title
Coleman Gary $3,325,000 Harbor Title Inc
Bower William $262,000 Attorney
Five Cs Fuel Dock Inc $370,000 --
Belden Henry S -- --
Belden Henry S $325,000 --
Bower William And Shireen Trust 2/22/2002 $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrison D Pflumm Jr Trust $3,125,524
Closed Garrison D Pflumm Jr Trust $3,125,524
Previous Owner Coleman Gary $1,725,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2023 10/27/23 Sold $3,900,000 -2.5% $1,122 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
08/22/2023 08/22/23 Price Changed $3,999,999 -7.0% $1,150 / Sq Ft
07/28/2023 07/28/23 Price Changed $4,299,000 -4.4% $1,236 / Sq Ft
04/19/2023 04/19/23 For Sale $4,499,000 +35.3% $1,294 / Sq Ft
10/18/2021 10/18/21 Sold $3,325,000 -7.5% $956 / Sq Ft View Prior Sale
09/06/2021 09/06/21 For Sale $3,595,000 -- $1,034 / 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
2025 $30,206 $3,108,326 $1,696,053 $1,412,273
2024 $19,932 $3,302,152 $1,896,582 $1,405,570
2023 $19,932 $2,361,180 $1,335,911 $1,025,269
2022 $14,570 $1,797,274 $773,314 $1,023,960
2021 $13,548 $1,519,463 $703,757 $815,706
2020 $12,705 $1,529,151 $703,757 $825,394
2019 $3,829 $591,697 $572,826 $18,871
2018 $3,579 $588,568 $572,826 $15,742
2017 $2,271 $237,606 $0 $0
2016 $2,707 $232,943 $0 $0
2015 $2,589 $233,729 $0 $0
2014 $2,340 $195,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Ferringo

    Seller's Agent in 2023

    Lisa Ferringo

    Coldwell Banker Schmitt Lower Keys (KW)

    (305) 797-1221

    73 in this area

    580 Total Sales

    Lisa Ferringo
    Section Image

  • L

    Buyer's Agent in 2023

    Letisia Powell

    Century 21 Schwartz Realty (KW)

  • B

    Seller's Agent in 2021

    Brenda Torrella

    Chaplin Real Estate, Inc.

  • B

    Buyer's Agent in 2021

    Barry Tracy

    KeyIsle Realty - Florida Keys

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 605012

APN: 00104670-001400

Florida Monroe County Marathon 33050

14 Ocean Dr E, Marathon, FL

Not Listed for Sale

Detached

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