NOT LISTED FOR SALE

8 Ocean E Marathon, FL 33050

Estimated Value: $4,291,803 - $4,934,000

3 Beds
5 Baths
6,216 Sq Ft
$741/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $4,615,000 $742 Per Sq Ft

Current estimated payment $25,441/month

153 Days on Market

Highlights

  • Airstrip
  • Ocean Front
  • Beach
  • Coral Shores High School Rated A
  • Boat Ramp
  • Dock made with concrete

About This Home

As of August 2024

This exquisite oceanfront property encapsulates the very essence of luxury coastal living. As you step into this sprawling 6,216 square foot home, you're greeted by unobstructed, panoramic ocean views that are a feature of every room. It's East facing for amazing sunrise views. The home comes thoughtfully furnished, with select exclusions, allowing for an elegant yet comfortable living space. The expansive ceilings and excellent amount of natural lighting add to the beauty and openness of the home. This exceptional residence boasts 3 generously appointed bedrooms, each with its own private ensuite, providing ample space. There are two additional half baths. The home is serviced by an elevator, granting easy access to all three floors. The renovated kitchen is complete with all custom cabinets, a 6-burner Wolfe Range/Stove with pot filler & hood, leather finished granite, Sub zero fridge and state-of-the-art appliances. Adjacent to the kitchen is a large dining room. A game room is also available with Mrs pacman and pool table. A highlight of this residence is the master suite, which serves as a private oasis with breathtaking views, featuring a large ensuite with jacuzzi and steam shower. The home has been freshly painted both inside and out, the windows have auto treatments. Custom cabinetry throughout the home and an in-house vacuum system exemplify the attention to detail that has been poured into this home. The exterior of the property is just as impressive, with a new pool and spa. The new impact doors and windows provide peace of mind, while the double lot and dock at the entrance speak to the expansiveness and exclusivity of the property. Vehicle storage is no afterthought, with a double garage that features impact doors for added security. A dumbwaiter to the garage adds an extra layer of ease for transporting groceries and other items. Contact us to explore this unparalleled opportunity and take the first step toward claiming your piece of paradise.

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 02/06/2024

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 02/06/2024

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,281

Year Built

  • Built in 2000 | Remodeled

Lot Details

  • 0.36 Acre Lot
  • Ocean Front
  • Sprinkler System
  • Property is zoned RM - Residential Medium

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 6,216 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Laundry Room
  • Utility Room
  • Steam Room
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Home Security

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

Parking

  • 4 Car Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Airstrip
  • Seawall
  • Boat Lift
  • Dock made with concrete
  • Tennis Courts
  • Balcony
  • Deck
  • Lanai
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 7
  • Assessor Parcel Number 00104670-000800

Community Details

Overview

  • Ocean East Subdivision

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts
  • Bike Trail

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,281

Year Built

Built in 2000 | Remodeled

Lot Details

0.36 Acres

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00104670-000801
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 500.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Sombrero
  • Mile Marker: 50.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Bike Paths, Airstrip, Beach, Tennis Courts
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 17281.32
  • Vehicle Storage: Garage, Off Street Parking, Guest Parking, Open Parking, Auto Door Opener, Attached
  • Vehicle Storage Cars: 4+
  • Year Built: 2000
  • Alternate Key Number: 1122378
  • Cooling Heating: Central Air, Ductless, Ceiling Fans(s)
  • Lot Sq Ft: 15842.00
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck
  • Association Maintenance Fee Per: Yearly
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 6216.00
  • Financial Status Auction: No
  • 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: 3

Interior Features

  • Interior Amenities: Wet Bar, Built-in Cabinets, Tray Ceilings, Window Treatments, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Elevator, Granite Counter Top, Entrance Foyer, Pantry, Fireplace(s), Cathedral Ceilings
  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator
  • Floor: Tile, Wood
  • Half Bathrooms: 2
  • Specialty Rooms: Laundry Room, Other, Utility Room, Sauna/Steam Room
  • Windows/Doors: French Doors, Impact Rstnce Window, Impact Rstnce Doors, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Lighting, Storage, Sprinkler System, Lanai
  • Roof: Tile Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: On Premises System
  • Utilities: FKAA, Water Separate Meter, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE-13
  • Parcel Number: 00104670-000800
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Aug 1, 2024
Sold by
Ridley Jerry and Ridley Constance
Bought by
Hazel Marathon Llc
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
List Price
$5,900,000
Sold Price
$4,615,000
Premium/Discount to List
-$1,285,000
-21.78%
Views
106
Current Estimated Value
$4,603,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,549
Avg. Annual Appreciation
-0.15%

Purchase Details

Listed on
Jan 4, 2020
Closed on
Apr 24, 2020
Sold by
Wolpe Robert N and Wolpe Marcy S
Bought by
Ridley Jerry and Ridley Constance
Seller's Agent
Brenda Torrella
Chaplin Real Estate, Inc.
Buyer's Agent
Brenda Torrella
Chaplin Real Estate, Inc.
List Price
$3,475,000
Sold Price
$2,500,000
Premium/Discount to List
-$975,000
-28.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.44%
Original Mortgage
$2,000,000
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2015
Sold by
Wolpe Robert N and Wolpe Marcy S
Bought by
Belden Henry S and Belden Barbara

Purchase Details

Closed on
Jan 29, 1998
Sold by
Leighton Armando
Bought by
Wolpe Robert N and Wolpe Marcy S

Purchase Details

Closed on
May 1, 1989
Bought by
Wolpe Robert N and Wolpe Marcy S

Purchase Details

Closed on
Feb 1, 1976
Bought by
Wolpe Robert N and Wolpe Marcy S
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
Hazel Marathon Llc $4,615,000 None Listed On Document
Ridley Jerry $2,500,000 None Listed On Document
Belden Henry S -- Attorney
Wolpe Robert N $280,000 --
Wolpe Robert N $175,000 --
Wolpe Robert N $14,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ridley Jerry $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2024 08/01/24 Sold $4,615,000 -5.8% $742 / Sq Ft
04/04/2024 04/04/24 Price Changed $4,900,000 -16.9% $788 / Sq Ft
02/06/2024 02/06/24 For Sale $5,900,000 +136.0% $949 / Sq Ft
04/24/2020 04/24/20 Sold $2,500,000 -28.1% $402 / Sq Ft View Prior Sale
03/19/2020 03/19/20 Pending -- -- --
01/04/2020 01/04/20 For Sale $3,475,000 -- $559 / 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 $17,360 $3,686,991 $1,907,652 $1,779,339
2024 $17,281 $1,908,025 -- --
2023 $17,281 $1,852,452 $0 $0
2022 $17,059 $1,798,498 $0 $0
2021 $15,094 $1,513,888 $0 $0
2020 $16,103 $1,640,835 $0 $0
2019 $15,759 $1,603,945 $0 $0
2018 $14,913 $1,574,039 $0 $0
2017 $14,636 $1,541,665 $0 $0
2016 $14,795 $1,509,956 $0 $0
2015 $14,647 $1,499,460 $0 $0
2014 $14,918 $1,487,560 $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: 608589

APN: 00104670-000800

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