NOT LISTED FOR SALE

495 Sombrero Beach Rd Marathon, FL 33050

Estimated Value: $1,226,000 - $1,411,000

3 Beds
2 Baths
1,404 Sq Ft
$942/Sq Ft Est. Value

Last Sold February 28, 2025

Last sale price $1,250,000 $890 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,399/month

141 Days on Market

Highlights

  • Beach
  • Dock made with wood
  • RV or Boat Parking
  • Coral Shores High School Rated A
  • Boat Lift
  • RV Parking in Community

About This Home

As of February 2025

Discover your dream home in the coveted Sombrero Beach neighborhood of Marathon, FL! This elevated two-story, 3-bedroom, 2-bathroom waterfront home offers the ultimate Florida Keys lifestyle with unmatched boating access. Situated on a deep canal, you'll have direct access to both the Atlantic Ocean and the Gulf of Mexico right from your backyard. Dock your boat at the private dockage, complete with a boat lift, and cruise to nearby waterfront restaurants for dock-and-dine experiences or live music.The home is perfectly designed for outdoor living, featuring an elevated screened porch that overlooks the lush backyard and canal, providing the perfect spot for morning coffee or evening relaxation. With plenty of room to add a full-sized pool and a tiki hut, you can create your very own tropical oasis. Ample parking space is available for multiple vehicles, boats, trailers, and even an RV, making this property ideal for boating and outdoor enthusiasts.Inside, the main level offers two comfortable bedrooms and a bath, while the upper level provides a private bedroom and bath, perfect for family or guests. The home also boasts a large enclosed storage area under the home, perfect for all your tools and gear. Plus, with the property elevated well above flood level, you'll have peace of mind during storm season.Just a short walk to the famous Sombrero Beach Park, this home is also conveniently located near shopping, grocery stores, and restaurants. For those seeking adventure, the surrounding area offers miles of natural mangrove creeks, perfect for paddle boarding, kayaking, and fishing. Even on days with less-than-perfect sea conditions, you can enjoy boating in protected waters.This home is also an incredible investment opportunity, as 7-night rentals are allowed, making it ideal for Airbnb or as your personal vacation getaway. Experience the best of the Florida Keys at this exceptional waterfront property!Neighbor is building dock, the barge will move soon!

Last Agent to Sell the Property

Mark Gable

Engel & Volkers Marathon License #3472303 Listed on: 08/27/2024

Engel & Volkers Marathon

Last Buyer's Agent

Mark Cooper

Coastal Realty of South Florida License #3169367

Coastal Realty of South Florida

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,839

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 0.27 Acre Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Property is zoned RH - Residential High

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,404 Sq Ft Home
  • Cathedral Ceiling
  • Shutters
  • Blinds
  • Sliding Doors
  • Workshop
  • Storage
  • Utility Room
  • Canal Views

Kitchen

  • <<OvenToken>>
  • <<microwave>>
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Parking

  • Carport
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Boat Lift
  • Dock made with wood
  • Screened Balcony
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00104900-000701

Community Details

Overview

  • No Home Owners Association
  • Sombrero Bch Village Subdivision
  • RV Parking in Community

Recreation

  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,839

Year Built

Built in 1986 | 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
  • Control Depth: 5
  • Dockage Dock: Wood
  • Dockage Dock Length: 60
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Sombrero
  • Mile Marker: 49.50
  • Min Rental Days: 7.00
  • 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: 12838.76
  • Title: Negotiable
  • Vehicle Storage: Carport, Trailer Storage, Covered Parking, RV Parking Open, Off Street Parking
  • Year Built: 1986
  • Alternate Key Number: 8731515
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air
  • Lot Sq Ft: 11812.00
  • Porch Balcony: Screened P/B
  • Shutters: Accordion, Panel, Bahama
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1404.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Window Treatments, Storage, Smoke Alarms, Pantry, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Specialty Rooms: Utility Room, Workshop
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Elect Separate Meter, Cable Available, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE
  • Parcel Number: 00104900-000701
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.27

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Feb 28, 2025
Sold by
Awa Iii Llc
Bought by
Marchetti Investment Properties Llc
Seller's Agent
Mark Gable
Engel & Volkers Marathon
Buyer's Agent
Mark Cooper
Coastal Realty of South Florida
List Price
$1,399,000
Sold Price
$1,250,000
Premium/Discount to List
-$149,000
-10.65%
Views
35
Current Estimated Value
$1,323,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,226
Avg. Annual Appreciation
13.13%

Purchase Details

Listed on
Jul 8, 2022
Closed on
Sep 26, 2022
Sold by
Phillips Robert and Phillips Lynne
Bought by
Awa Iii Llc
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Mark Gable
Engel & Volkers Marathon
List Price
$1,350,000
Sold Price
$1,200,000
Premium/Discount to List
-$150,000
-11.11%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.69%

Purchase Details

Closed on
Sep 1, 1992
Bought by
Phillips Robert and Phillips Lynn

Purchase Details

Closed on
May 1, 1990
Bought by
Phillips Robert and Phillips Lynn

Purchase Details

Closed on
May 1, 1987
Bought by
Phillips Robert and Phillips Lynn
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Marchetti Investment Properties Llc $1,250,000 None Listed On Document
Awa Iii Llc $1,200,000 --
Phillips Robert $175,000 --
Phillips Robert $175,000 --
Phillips Robert $159,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $1,250,000 -3.8% $890 / Sq Ft
09/23/2024 09/23/24 Price Changed $1,299,000 -7.1% $925 / Sq Ft
08/27/2024 08/27/24 For Sale $1,399,000 +16.6% $996 / Sq Ft
09/26/2022 09/26/22 Sold $1,200,000 -1.2% $855 / Sq Ft
08/11/2022 08/11/22 Price Changed $1,215,000 -10.0% $865 / Sq Ft
07/08/2022 07/08/22 For Sale $1,350,000 -- $962 / 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
2024 $12,839 $1,399,227 $1,150,134 $249,093
2023 $12,839 $1,273,787 $1,031,896 $241,891
2022 $3,548 $310,573 $0 $0
2021 $3,561 $301,528 $0 $0
2020 $3,479 $297,365 $0 $0
2019 $3,412 $290,680 $0 $0
2018 $3,269 $285,261 $0 $0
2017 $3,211 $279,394 $0 $0
2016 $3,228 $273,648 $0 $0
2015 $3,123 $261,815 $0 $0
2014 $3,160 $259,737 $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: 611239

APN: 00104900-000701