$3,500,000
Marathon, FL 33050
MLS# 608429
Status: Closed
6 beds | 6 baths | 5664 sqft
1 / 104
Property Description
Discover the ultimate waterfront retreat at this expansive 6-bedroom, 5.5-bathroom estate. Spanning over 48,000 sq. ft. of uplands, with an additional acre of owned bay bottom, this property offers unparalleled luxury, charm, and an exceptional development opportunity. With current zoning allowing for up to 5 units per acre, this estate is primed for redevelopment into multiple homes if desired. The existing natural boat basin and roughly 290-foot jetty provide protection and the potential for dockage to serve multiple homes in this scenario. A true aquatic sanctuary, the property offers instant access to the bay's hidden fishing and lobster spots, making it a boater's paradise. The estate's grand entrance and extended driveway are steeped in 'Old Florida' charm, surrounded by lush natural greenery and open spaces. Inside, the home exudes comfort and space, with generously sized rooms perfect for large extended families, corporate retreats, or even a vacation rental. The flexibility of weekly rentals makes this property a rare investment opportunity. Imagine creating a bunk room for kids to enjoy during family vacations or customizing the expansive layout to suit your vision. The kitchen features granite countertops, stainless steel appliances, and an eat-in area, while a separate dining room caters to more formal occasions. The master suite is a tranquil escape, complete with direct access to a private balcony showcasing breathtaking water views. The en-suite bathroom offers a steam shower and jacuzzi tub, providing a spa-like experience at home. Additional amenities include a 2-car garage, a convenient mudroom, a substantial laundry room with a sink, and a wet bar for effortless entertaining. This estate has been lovingly owned by one family and has never been offered for sale. With its blend of 'Old Florida' elegance and extraordinary development potential, this is a once-in-a-lifetime opportunity to own a piece of paradise.
Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: Yes
Current Price: $3,500,000
Listing Date: 2024-01-30
Sold Price: $3,500,000
Location, Tax & Legal
City: MARATHON
Off Shore Island: No
Mile Marker: 50.5
Marathon Neighborhood: Mid-Town - Gulf (Sombrero to Airport)
Side: Ocean
Flood Zone: AE-10
Alternate Key #: 1415766
Parcel #: 00338300-000000
Zoning: RM - Residential Medium
Deed Restrictions: Unknown
Legal: LTS 5-7 AND PT TRACT A ADJ LTS 6 & 7 BAHIA VISTA SUBD PB4-72 KEY VACA
Taxes: 28844.92
Tax Year: 2023
Pub Sewer HkUp: Yes
Street #: 700
Street Name: 60th St Gulf
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Bahia Vista Sub (50.5)
Area: 15 - Sombrero Bch Rd to Vaca Cut Gulfside
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: Yes
Control Depth: 4
Lot SqFt: 48468
Pool: No
Lot Sqft Source: Property Data Card
Total Units: 1
Acres: 2.63
SqFt Source: Property Data Card
Rentals Allowed: With Restrictions
Min Rental Days: 7
Style: Single Family
Year Built: 1969
Living Apx SqFt: 5664
Total Bedrooms: 6
Full Baths: 5
Half Baths: 1
Total Baths: 6
Remarks & Misc
Remarks – Consumer: Discover the ultimate waterfront retreat at this expansive 6-bedroom, 5.5-bathroom estate. Spanning over 48,000 sq. ft. of uplands, with an additional acre of owned bay bottom, this property offers unparalleled luxury, charm, and an exceptional development opportunity. With current zoning allowing for up to 5 units per acre, this estate is primed for redevelopment into multiple homes if desired. The existing natural boat basin and roughly 290-foot jetty provide protection and the potential for dockage to serve multiple homes in this scenario.
A true aquatic sanctuary, the property offers instant access to the bay's hidden fishing and lobster spots, making it a boater's paradise. The estate's grand entrance and extended driveway are steeped in 'Old Florida' charm, surrounded by lush natural greenery and open spaces.
Inside, the home exudes comfort and space, with generously sized rooms perfect for large extended families, corporate retreats, or even a vacation rental. The flexibility of weekly rentals makes this property a rare investment opportunity. Imagine creating a bunk room for kids to enjoy during family vacations or customizing the expansive layout to suit your vision.
The kitchen features granite countertops, stainless steel appliances, and an eat-in area, while a separate dining room caters to more formal occasions. The master suite is a tranquil escape, complete with direct access to a private balcony showcasing breathtaking water views. The en-suite bathroom offers a steam shower and jacuzzi tub, providing a spa-like experience at home.
Additional amenities include a 2-car garage, a convenient mudroom, a substantial laundry room with a sink, and a wet bar for effortless entertaining.
This estate has been lovingly owned by one family and has never been offered for sale. With its blend of 'Old Florida' elegance and extraordinary development potential, this is a once-in-a-lifetime opportunity to own a piece of paradise.
Directions: From US1 turn gulfside down 60th st right next to Truist Bank. House is last house on left with sign in yard.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
Dock Length: 200
Dock: Concrete
Basin: 1
Seawall: Rip Rap
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Stainless Steel Appliance(s): 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Waterfront
Bay Front: 1
Gulf Front: 1
Open Water: 1
Waterview
Bay/Gulf View: 1
Open Water View: 1
Floor
Carpet: 1
Tile: 1
Neighborhood Feature
Airstrip: 1
Beach: 1
Bike Paths: 1
Community Boat Ramp: 1
Tennis Courts: 1
Interior Features
Storage: 1
Wet Bar: 1
Specialty Rooms
Laundry Room: 1
Other: 1
Building Style
Above Flood: No
Ground Level: 1
Stories: 2 Stories
Windows/Doors
Single Hung Windows: 1
Sliding Glass Doors: 1
Vehicle Storage
Car(s): 4+
Garage: 1
Guest Parking: 1
Open Parking: 1
RV Parking Open: 1
Attached: 1
Off Street Parking: 1
Trailer Storage: 1
Construction
CBS: 1
Land Size
1 Less Than 2 Acres: 1
Furnished
Negotiable: 1
Utilities
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Porch/Balcony
Open Porch/Balcony: 1
Patio: 1
Exterior Features
Privacy Wall/Fence: 1
Roof
Metal Roof: 1
Other Roof: 1
Financial Status
Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Shutters
Accordion: 1
Panel: 1
Status Change Info
Sold Date: 2025-04-14
Sold Price: $3,500,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Bay Front; Gulf Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Dockage: Basin
Building Style: Ground Level
Vehicle Storage: Garage; Attached; Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage
Furnished: Negotiable
Cooling: Ceiling Fans(s); Central Air
Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Interior Features: Storage; Wet Bar
Specialty Rooms: Laundry Room; Other
Appliances: Dishwasher; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s)
Exterior Features: Privacy Wall/Fence
Construction: CBS
Shutters: Accordion; Panel
Floor: Carpet; Tile
Roof: Metal Roof; Other Roof
Pets: Pets Allowed
Neighborhood Feature: Airstrip; Beach; Bike Paths; Community Boat Ramp; Tennis Courts
Land Size: 1 Less Than 2 Acres
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: April - 14 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.