538 Sombrero Beach Rd Marathon, FL 33050
2
Beds
3
Baths
1,344
Sq Ft
9,806
Sq Ft Lot
Highlights
- Airstrip
- Beach
- Concrete Pool
- Coral Shores High School Rated A
- Dock made with wood
- Home fronts a canal
About This Home
As of April 2025THIS PROPERTY IS SET TO UNDERGO SIGNIFICANT UPDATES AND ENHANCEMENTS. STAY TUNED FOR DETAILS ON THE UPCOMING RENOVATIONS AND IMPROVEMENTS. Waterfront Paradise in the Heart of the Florida Keys Nestled in the heart of the Florida Keys, this captivating waterfront home offers the quintessential island lifestyle that so many dream of. Designed for beach lovers, boating enthusiasts, and aviation aficionados, this property is perfectly positioned just steps from the powdery sands of Sombrero Beach and minutes from MillionAir FBO at Marathon Airport. Imagine waking up each day with seamless access to the crystal-clear ocean waters right from your backyard--a paradise for those who crave the thrill of boating, fishing, and watersports. The property boasts a private dock, complete with an active permit to extend for larger vessels, making it a boater's haven. Whether you're setting out for a day of fishing or embarking on a sunset cruise, your adventures start right at your doorstep. Built with both durability and style in mind, this home features impact-resistant windows, sturdy concrete siding, and a sleek metal roof, offering not only timeless aesthetics but also peace of mind during storm season. Outdoor living is at the heart of this home, centered around a heated concrete pool that invites you to relax and unwind. This space is perfect for hosting unforgettable gatherings with family and friends or simply enjoying a quiet evening under the stars. The downstairs enclosure offers ample storage for all your gear, while the enclosed garage and expansive driveway provide plenty of room for cars, boats, and even an RV--ideal for adventurers who need extra space for their toys. Located in the vibrant Marathon area, you'll find yourself within easy reach of top-rated restaurants, lively bars, and the convenience of Publix Supermarket. The property is currently operating as a successful vacation rental, fully furnished and turnkey, making it a fantastic investment opport
Last Agent to Sell the Property
Coldwell Banker Schmitt Real Estate Co. License #622790 Listed on: 09/13/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,448
Year Built
- Built in 1982 | Remodeled
Lot Details
- 9,806 Sq Ft Lot
- Home fronts a canal
- Property is zoned RM - Residential Medium
Home Design
- Split Level Home
- Frame Construction
- Metal Roof
- HardiePlank Siding
Interior Spaces
- 1,344 Sq Ft Home
- Furnished
- Ceiling Fan
- Blinds
- Sliding Doors
- Storage
- Canal Views
Kitchen
- <<OvenToken>>
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Built-In or Custom Kitchen Cabinets
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Monitored
- Impact Glass
- Fire and Smoke Detector
Parking
- 4 Parking Spaces
- Covered Parking
- Open Parking
Pool
- Concrete Pool
- Heated In Ground Pool
Outdoor Features
- Airstrip
- Dock made with wood
- Balcony
- Outdoor Storage
Utilities
- Central Air
- Separate Meters
- Public Hookup Available For Sewer
- Cable TV Available
Listing and Financial Details
- Minimum Rental Period: 7
- Assessor Parcel Number 00354930-000000
Community Details
Overview
- No Home Owners Association
- Sombrero Bch Village Subdivision
Recreation
- Beach
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2024
Closed on
Apr 11, 2025
Sold by
Snappy Mermaid Inc
Bought by
Fellman Thomas R
Seller's Agent
Lela Ashkarian
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Dawn McComish
Lokation Real Estate
List Price
$1,750,000
Sold Price
$1,610,000
Premium/Discount to List
-$140,000
-8%
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,229
Avg. Annual Appreciation
297.40%
Original Mortgage
$1,449,000
Outstanding Balance
$1,447,755
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$856,997
Purchase Details
Listed on
Mar 29, 2021
Closed on
Mar 29, 2021
Sold by
Cook Jo Ann and Cook Kuipers Jo
Bought by
Snappy Mermaid Inc
Seller's Agent
Jo Ann Cook
Ocean Sotheby's International
Buyer's Agent
Sandra Rodriguez
Lokation Real Estate
List Price
$950,000
Sold Price
$950,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%
Original Mortgage
$712,500
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 22, 2010
Sold by
Kuipers Dale Nicky and Cook Kuipers Jo Ann
Bought by
Cook Kuipers Jo Ann
Purchase Details
Closed on
May 15, 2006
Sold by
Cook Kuipers Jo Ann and Kuipers Dale Nicky
Bought by
Kuipers Dale Nicky and Cook Kuipers Jo Ann
Purchase Details
Closed on
Jan 1, 2005
Sold by
Cook Jo Ann and Nolan James F
Bought by
Cook Jo Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,233
Interest Rate
5.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 29, 2004
Sold by
Wilder Jeffrey A and Wilder Maribeth
Bought by
Nolan James F and Cook Jo Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 28, 1998
Sold by
Amin N Bascharon Tr
Bought by
Wilder Jeffery A and Wilder Maribeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,350
Interest Rate
7.07%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 1, 1980
Bought by
Cook Jo Ann
Purchase Details
Closed on
Aug 1, 1979
Bought by
Cook Jo Ann
Similar Homes in Marathon, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,610,000 | Cla Title & Escrow | |
| Warranty Deed | $1,610,000 | Cla Title & Escrow | |
| Warranty Deed | $950,000 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $650,000 | -- | |
| Warranty Deed | $195,400 | -- | |
| Warranty Deed | $30,000 | -- | |
| Deed | $19,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,449,000 | New Conventional | |
| Closed | $1,449,000 | New Conventional | |
| Previous Owner | $712,500 | Commercial | |
| Previous Owner | $150,000 | No Value Available | |
| Previous Owner | $50,000 | Unknown | |
| Previous Owner | $742,000 | Negative Amortization | |
| Previous Owner | $100,000 | Stand Alone Second | |
| Previous Owner | $525,233 | New Conventional | |
| Previous Owner | $430,000 | Purchase Money Mortgage | |
| Previous Owner | $295,000 | Unknown | |
| Previous Owner | $40,000 | New Conventional | |
| Previous Owner | $210,000 | New Conventional | |
| Previous Owner | $175,350 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | Sold | $1,610,000 | -40.4% | $1,198 / Sq Ft |
| 03/19/2025 03/19/25 | Pending | -- | -- | -- |
| 11/20/2024 11/20/24 | Price Changed | $2,700,000 | +59.4% | $2,009 / Sq Ft |
| 11/13/2024 11/13/24 | Price Changed | $1,694,000 | -0.3% | $1,260 / Sq Ft |
| 10/28/2024 10/28/24 | Price Changed | $1,699,000 | -2.9% | $1,264 / Sq Ft |
| 09/13/2024 09/13/24 | For Sale | $1,750,000 | +84.2% | $1,302 / Sq Ft |
| 03/30/2021 03/30/21 | Sold | $950,000 | 0.0% | $707 / Sq Ft |
| 03/30/2021 03/30/21 | Pending | -- | -- | -- |
| 03/29/2021 03/29/21 | For Sale | $950,000 | -- | $707 / Sq Ft |
Source: Marathon and Lower Keys Association of REALTORS®
Tax History Compared to Growth
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 | $11,448 | $1,324,479 | $1,049,242 | $275,237 |
| 2023 | $11,448 | $1,212,065 | $941,376 | $270,689 |
| 2022 | $10,314 | $984,001 | $708,484 | $275,517 |
| 2021 | $8,086 | $712,274 | $411,852 | $300,422 |
| 2020 | $6,527 | $605,344 | $0 | $0 |
| 2019 | $6,396 | $591,735 | $0 | $0 |
| 2018 | $6,091 | $580,702 | $0 | $0 |
| 2017 | $5,983 | $568,759 | $0 | $0 |
| 2016 | $6,034 | $557,061 | $0 | $0 |
| 2015 | $5,774 | $489,770 | $0 | $0 |
| 2014 | $5,658 | $464,927 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lela Ashkarian
Seller's Agent in 2025
Lela Ashkarian
Coldwell Banker Schmitt Real Estate Co.
(305) 743-5181
262 Total Sales
-
Jesus Parra
J
Seller Co-Listing Agent in 2025
Jesus Parra
Coldwell Banker Schmitt Real Estate Co.
(786) 282-9281
5 Total Sales
-
Dawn McComish
Buyer's Agent in 2025
Dawn McComish
Lokation Real Estate
(305) 395-3300
100 Total Sales
-
Jo Ann Cook
Seller's Agent in 2021
Jo Ann Cook
Ocean Sotheby's International
(305) 360-7968
146 Total Sales
-
Sandra Rodriguez
Buyer's Agent in 2021
Sandra Rodriguez
Lokation Real Estate
(305) 923-1911
19 Total Sales
-
P
Buyer Co-Listing Agent in 2021
Paulette Thompson PA
Century 21 Schwartz Realty MTH
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 611447
APN: 00354930-000000
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