$1,445,000
$655K PRICE DROP

308 Sombrero Beach Rd Unit 1 & 3 Marathon, FL 33050

Estimated payment $8,808/month

Total Views 7,225
4 Beds
2.5 Baths
2,676 Sq Ft
$540 Price per Sq Ft

Highlights

  • Beach
  • Dock made with concrete
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Spa
  • Clubhouse

About This Home

Own a peace of paradise in the middle of the Florida Keys close to Sombrero Beach area. Home is right on a walking and lit bike path that leads right to Sombrero Beach. Enjoy lazy days in the hot tub and hammock while watching the sunset or jump into your boat right out of the dock just steps away from the home.This home has all impact windows and doors, jacuzzi, gazebo, bbq area, as well as a hammock. Fully renovated kitchens, bathrooms, fully furnished, as well as fully equipped kitchens. 50ft concrete dock with a deep water canal that takes approximately 15-20 minutes to reach open water.Great investment opportunity, both units are currently vacation licensed and ready to enjoy as well as rent out to vacationers looking to get away. This property has everything you need and more. This is a unique investment opportunity that rarely go up for sale, not many of them around.

Last Listed By

Jenine Garcia

Horizon Homes Realty License #3115004 Listed on: 01/19/2024

Horizon Homes Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,724

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 5,000 Sq Ft Lot
  • Home fronts a canal

Parking

  • Open Parking

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 2,676 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Entrance Foyer
  • Sun or Florida Room
  • Storage
  • Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Low Flow Toliet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Spa
  • Dock made with concrete
  • Exterior Lighting
  • Gazebo
  • Shed

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Programmable Thermostat
  • Separate Meters
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Sombrero Properties Subdivision

Amenities

  • Clubhouse

Recreation

  • Beach
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,724

Year Built

Built in 1974 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Concrete
  • Dockage Dock Length: 50
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Country Club (Sombrero Blvd & Flamingo)
  • Mile Marker: 49.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Bike Paths, Beach
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 8724.06
  • Vehicle Storage: Open Parking
  • Year Built: 1974
  • Alternate Key Number: 1433691
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5000.00
  • License Info Number Of City License: 2
  • License Info Number Of County License: 2
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 2676.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • G F Interior Features: Tankless Hot Wtr Htr, LED Lighting, Low Flow Toilets, Programmable Thermst
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Pantry, Built-in Cabinets, Quartz Countertops, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Smoke Alarms, Entrance Foyer
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Ice Machine, Freezer, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Sun/Florida Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4
  • Accessibility Features: None

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Stucco
  • Exterior Features: Gazebo, Shed, Lighting, Hot Tub
  • Roof: Combo Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Elect Separate Meter, Cable Available
  • Heating: Central, Hot Water

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: Above Flood
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 2.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $8,724 $1,162,295 $615,255 $547,040
2023 $8,724 $989,655 $552,005 $437,650
2022 $7,641 $772,165 $313,380 $458,785
2021 $7,019 $613,994 $241,505 $372,489
2020 $7,082 $631,329 $241,505 $389,824
2019 $6,722 $625,791 $227,130 $398,661
2018 $5,944 $554,770 $229,105 $325,665
2017 $5,393 $477,996 $0 $0
2016 $4,844 $412,354 $0 $0
2015 $4,490 $370,561 $0 $0
2014 $4,401 $376,966 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Price Changed $1,445,000 -3.3% $540 / Sq Ft
10/25/2024 10/25/24 For Sale $1,495,000 0.0% $559 / Sq Ft
10/19/2024 10/19/24 Off Market $1,495,000 -- --
10/03/2024 10/03/24 Price Changed $1,495,000 -11.0% $559 / Sq Ft
05/30/2024 05/30/24 Price Changed $1,680,000 -10.7% $628 / Sq Ft
03/15/2024 03/15/24 Price Changed $1,880,880 -5.0% $703 / Sq Ft
02/01/2024 02/01/24 Price Changed $1,980,000 -5.7% $740 / Sq Ft
01/19/2024 01/19/24 For Sale $2,100,000 +303.8% $785 / Sq Ft
06/27/2016 06/27/16 Sold $520,000 -1.5% $207 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
06/23/2015 06/23/15 For Sale $528,000 -- $210 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $520,000 None Available
Warranty Deed $695,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $555,000 Commercial
Previous Owner $50,000 Commercial
Previous Owner $100,000 New Conventional
Source: Public Records

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Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 608251

APN: 00355270-000500

Florida Monroe County Marathon 33050

308 Sombrero Beach Rd Unit 1 & 3, Marathon, FL

This home is located at 308 Sombrero Beach Rd Unit 1 & 3, Marathon, FL 33050 and is currently priced at $1,445,000, approximately $539 per square foot. This property was built in 1974. 308 Sombrero Beach Rd Unit 1 & 3 is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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Nearby Homes
Jenine Garcia
Listing Agent
Jenine Garcia
Section Image
Horizon Homes Realty
(786) 917-6521