NOT LISTED FOR SALE

2480 Coco Plum Dr Marathon, FL 33050

Estimated Value: $2,215,000 - $11,569,217

7 Beds
7 Baths
11,894 Sq Ft
$579/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $12,200,000 $1,026 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $44,178/month

197 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Boat Lift
  • Coral Shores High School Rated A
  • Dock made with concrete
  • 1-minute walk to Curry Hammock State Park

About This Home

As of January 2022

The epitome of luxury living in the Florida Keys. Breathtaking Coco Plum Estate offers close to 12,000 sq. ft. of private resort style living. A grand porte-cochere welcomes you to this sprawling 3-story 7 bedroom, 7 bath retreat. Floor to ceiling windows capture the views from every angle. Tray ceilings, custom tilework, grand staircase are just a few of the well-appointed details found throughout. Over 7,600 sq. ft. of covered balconies create the perfect venue for panoramic views of the turquoise Atlantic waters. Tropical landscaping and waterfalls surround a 200 ft. lagoon style, heated swimming pool. Private, 300 ft. of white sand beach. This estate would not be complete without a rooftop deck, 400 ft. concrete seawall and dockage with boat lift, commercial 2,500 lb. elevator & 4+ car garage. Well designed and constructed of concrete and steel, sitting 12 ft. above mean high tide. This estate is in mint condition - has never been a vacation rental. Exclusive private location at the Point of Coco Plum on a deep-water channel with direct access to world famous fishing and diving in the Atlantic.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt Real Estate Co License #605677 Listed on: 06/01/2021

Coldwell Banker Schmitt Real Estate Co

Last Buyer's Agent

Terrance Sullivan

Ocean Sotheby's International Realty License #3387893

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,596

Year Built

  • Built in 2004

Lot Details

  • 1.33 Acre Lot
  • Ocean Front
  • Sandy Beach
  • Privacy Fence
  • Fenced
  • Property is zoned RM-1 - Residential Medium - 1

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 11,894 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Bar
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Home Theater
  • Utility Room
  • Marble Flooring
  • Ocean Views

Kitchen

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

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 7 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Parking

  • 4 Car Garage
  • Open Parking
  • RV or Boat Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Boat Lift
  • Dock made with concrete
  • Balcony
  • Patio
  • Outdoor Water Feature
  • Lanai
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00366070-000000

Community Details

Overview

  • No Home Owners Association
  • Coco Plum Beach Subdivision
  • RV Parking in Community

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,596

Year Built

Built in 2004

Lot Details

1.33 Acres

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Coco Plum
  • Mile Marker: 54.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 66596.11
  • Vehicle Storage: Garage, Trailer Storage, RV Parking Open, Open Parking, Attached
  • Vehicle Storage Cars: 4+
  • Year Built: 2004
  • Alternate Key Number: 1448885
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • Lot Sq Ft: 48285.00
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck, Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 11894.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Tray Ceilings, Bar, Window Treatments, Whirlpool Bath Tub, Walk-in Closet(s), Smoke Alarms, Security System, Elevator, Granite Counter Top, Entrance Foyer, Pantry, Split Bedroom, Wet Bar
  • Total Bathrooms: 7.00
  • Full Bathrooms: 7
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Marble
  • Specialty Rooms: Laundry Room, Utility Room, Media Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 7

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Water Display, Storage, Sandy Beach, Privacy Wall/Fence, Lanai
  • Roof: Concrete Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,VE,AE
  • Parcel Number: 00366070-000000
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.33

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2023
Sold by
John S Ely Revocable Trust
Bought by
Elly Maria
Current Estimated Value
$6,892,109

Purchase Details

Closed on
Aug 17, 2023
Sold by
Cuneo Stefan J
Bought by
Stefan J Cuneo Delaware Trust

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jan 7, 2022
Sold by
Pieloch Mark J
Bought by
Cuneo Stefan J
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
Buyer's Agent
Terrance Sullivan
Ocean Sotheby's International Realty
List Price
$14,000,000
Sold Price
$12,200,000
Premium/Discount to List
-$1,800,000
-12.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.71%

Purchase Details

Closed on
Jul 29, 2008
Sold by
Dublis Robert A and Dublis Astrid M
Bought by
Pieloch Mark J

Purchase Details

Closed on
Jan 26, 2000
Sold by
Guida David M
Bought by
Dublis Robert A and Dublis Astrid M

Purchase Details

Closed on
Jun 10, 1997
Sold by
Ely John S
Bought by
Guida David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1990
Bought by
Pieloch Mark J
Source: Public Records
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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
Elly Maria -- None Listed On Document
Stefan J Cuneo Delaware Trust -- None Listed On Document
Cuneo Stefan J -- New Title Company Name
Cuneo Stefan J $12,200,000 New Title Company Name
Pieloch Mark J -- Attorney
Pieloch Mark J $5,700,000 Attorney
Dublis Robert A $685,000 --
Guida David M $500,000 --
Pieloch Mark J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guida David M $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2022 01/07/22 Sold $12,200,000 -5.4% $1,026 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
09/01/2021 09/01/21 Price Changed $12,900,000 -7.9% $1,085 / Sq Ft
06/01/2021 06/01/21 For Sale $14,000,000 -- $1,177 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

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 -- $10,395,738 $4,488,114 $5,907,624
2024 $95,096 $10,128,223 $4,155,672 $5,972,551
2023 $95,096 $10,230,538 $0 $0
2022 $75,071 $10,069,422 $3,524,647 $6,544,775
2021 $70,610 $8,616,839 $3,055,226 $5,561,613
2020 $66,596 $8,739,318 $3,178,353 $5,560,965
2019 $52,351 $5,455,421 $2,678,151 $2,777,270
2018 $47,340 $5,358,961 $2,598,118 $2,760,843
2017 $44,764 $5,331,650 $0 $0
2016 $42,785 $5,038,541 $0 $0
2015 $38,423 $4,441,783 $0 $0
2014 $32,926 $3,205,521 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Ferringo

    Seller's Agent in 2022

    Lisa Ferringo

    Coldwell Banker Schmitt Real Estate Co

    (305) 797-1221

    78 in this area

    646 Total Sales

    Lisa Ferringo
    Section Image
  • Terrance Sullivan

    Buyer's Agent in 2022

    Terrance Sullivan

    Ocean Sotheby's International Realty

    (305) 587-8918

    2 in this area

    67 Total Sales

    Terrance Sullivan
    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 596377

APN: 00366070-000000

Florida Monroe County Marathon 33050

2480 Coco Plum Dr, Marathon, FL

Not Listed for Sale

Detached

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