$950,000
SOLD NOV 18, 2025

331 Sombrero Beach Rd Marathon, FL 33050

3 Beds
2 Baths
1,450 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$655 Per Sq Ft

3% Below List Price

55 Days on Market

Highlights

  • Beach
  • Dock made with wood
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Boat Lift
  • No HOA

About This Home

As of November 2025

Sombrero Beach is one of the most desired neighborhoods in the city of Marathon hosting one of the Florida Keys best beaches. Very rarely will you find an opportunity to purchase an Above Flood Waterfront Home in Sombrero Beach with 3 Beds below $1,000,000 and that is exactly why this listing is a rare opportunity as not only is this 3 Bed 2 bath at 1450 sq ft located in the heart of Sombrero, it sits on a deep water protected 4 foot draft canal with a 32 foot dock and a 10,000 Boat Lift with direct open water access to the Atlantic Ocean and the Bay side and it has been recently updated including Upgraded with new vapor barrier, Hardie Board Siding with New Exterior Paint, Hurricane Impact Windows & Doors, a Metal Roof, an Upgraded Main Staircase and Railings, a Permitted 528 sqft Enclosed Recreation Room with its own Air Conditioning System, Upgraded Rear Porch Railings overlooking the Canal with under house covered parking & plenty of room to store your boat trailer on the side of the home. Step inside & find upgraded Maintenance Free Luxury Vinyl Plank floors throughout the Main Living, Primary Bed & 1 of the Guest Beds, an Updated Kitchen with White Shaker Cabinets, Quartz Counters & Upgraded Appliances, Upgraded Fans & Light Fixtures. The home is centrally located on Sombrero Rd just a short drive to the Beach & Publix Grocery Store along with being walking distance to Marathon High School. Short term weekly rentals are allowed, making this a great investment opportunity as waterfront homes with boat access pull a premium rent. You get the best of both worlds, you can use your home whenever you want & when you are not using rent it out weekly. Please Note Interior photos are coming soon.

Last Agent to Sell the Property

Kenny Matlock

No Nonsense Real Estate Branch Office License #SL3410203 Listed on: 08/14/2025

Co-Listed By

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658

Last Buyer's Agent

outside of mls

Outside Of MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,055

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 5,000 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned RM-1 - Residential Medium - 1

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,450 Sq Ft Home
  • Ceiling Fan
  • Canal Views
  • Impact Glass

Kitchen

  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Off-Street Parking

Outdoor Features

  • Boat Lift
  • Dock made with wood
  • Balcony

Utilities

  • Central Heating
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00355280-000500

Community Details

Overview

  • No Home Owners Association
  • Sombrero Sub Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,055

Year Built

Built in 1989 | Remodeled

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: Yes
  • Marathon Neighborhood: Country Club (Sombrero Blvd & Flamingo)
  • Mile Marker: 49.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 6054.63
  • Vehicle Storage: Off Street Parking, Trailer Storage, Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1989
  • Alternate Key Number: 1433772
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s)
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1450.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Refrigerator
  • Floor: Vinyl, Carpet
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00355280-000500
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.05

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2025
Closed on
Nov 14, 2025
Sold by
Wall Joshua and Wall Lisa
Bought by
Pachys Paradise Villa Llc
Seller's Agent
Kenny Matlock
No Nonsense Real Estate Branch Office
Buyer's Agent
outside of mls
Outside Of MLS
List Price
$980,000
Sold Price
$950,000
Premium/Discount to List
-$30,000
-3.06%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$760,000
Outstanding Balance
$760,000
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$197,072

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jun 1, 2021
Sold by
Mitchell William G and Mitchell Julie E
Bought by
Wall Joshua
Seller's Agent
Janice Nagel
Paradise Florida Keys Real Estate, a Luxury Brand
Buyer's Agent
Janice Nagel
Paradise Florida Keys Real Estate, a Luxury Brand
List Price
$655,000
Sold Price
$655,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%
Original Mortgage
$618,996
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2020
Sold by
Glen Mitchell
Bought by
Mitchell William G and Mitchell Julie E

Purchase Details

Closed on
Apr 27, 2018
Sold by
Mitchell Julie E
Bought by
Mitchell Glen and Mitchell Julie E

Purchase Details

Closed on
Sep 6, 2012
Sold by
Famalette Anthony F and Famalette Hilda
Bought by
Mitchell Julie E

Purchase Details

Closed on
Jun 1, 1989
Bought by
Mitchell Julie E

Purchase Details

Closed on
Oct 1, 1988
Bought by
Mitchell Julie E

Purchase Details

Closed on
Apr 1, 1986
Bought by
Mitchell Julie E

Purchase Details

Closed on
Sep 1, 1979
Bought by
Mitchell Julie E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed $950,000 Cmp Title & Escrow Services
Warranty Deed $655,000 Attorney
Warranty Deed -- None Listed On Document
Warranty Deed $225,000 None Listed On Document
Warranty Deed $550,000 Attorney
Warranty Deed $226,200 --
Warranty Deed $63,000 --
Warranty Deed $53,000 --
Deed $14,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $760,000 New Conventional
Previous Owner $618,996 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2025 11/18/25 Sold $950,000 -3.1% $655 / Sq Ft
08/14/2025 08/14/25 For Sale $980,000 +49.6% $676 / Sq Ft
06/04/2021 06/04/21 Sold $655,000 0.0% $682 / Sq Ft View Prior Sale
06/04/2021 06/04/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $655,000 -- $682 / 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 $6,055 $681,518 -- --
2024 $5,959 $644,132 -- --
2023 $5,959 $625,371 $0 $0
2022 $5,872 $607,157 $415,443 $191,714
2021 $4,042 $396,485 $241,505 $154,980
2020 $3,836 $381,180 $241,505 $139,675
2019 $4,135 $370,508 $227,130 $143,378
2018 $3,862 $358,686 $229,105 $129,581
2017 $3,546 $322,837 $0 $0
2016 $3,440 $302,814 $0 $0
2015 $3,172 $273,528 $0 $0
2014 $3,240 $272,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 616152

APN: 00355280-000500