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247 Pescayo Avenue, Marathon, FL 33050

$2,250,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 2,040 Lot Size (sq. ft.): 10,848 Status: Closed
Current Price: $2,250,000 List Date: 9/21/2023 Last Modified: 9/02/2024

Overview

Description

Introducing the Epitome of Waterfront Luxury Living. A newly constructed home nestled on a captivating peninsula surrounded by elegant new homes. This 4 bedroom, 4.5 bath single-family residence is a true masterpiece, boasting 75 Ft of waterfront with a deep water dock and wood grain composite decking, granting effortless access to the Atlantic Ocean in mere minutes. Step inside and be greeted by an opulent interior where every bedroom is an en-suite, ensuring privacy and comfort for all. As the day winds down, indulge in picturesque sunsets from your expansive 45' outdoor terrace, creating an idyllic setting for relaxation and entertainment. Impeccably furnished and tastefully decorated, this home exudes elegance and sophistication at every turn. This custom concrete swimming pool invites you to take refreshing dips on warm summer days. Equipped with a heater for those cooler days. Its prime location offers tremendous income potential, allowing for 7-Day short-term vacation rental ...

Listing Details MLS# 606714

Location, Tax & Legal

Street #
247
Street Name
Pescayo
Street Suffix
Avenue
Key/Island
Marathon
State/Province
FL
Zip Code
33050
County
Monroe
Subdivision
Coco Plum Beach (54.5)
Area
18 - East of Holiday Inn US #1 & Coco Plum
City
MARATHON
Mile Marker
54.5
Marathon Neighborhood
Coco Plum
Side
Ocean
Flood Zone
AE,AE
Alternate Key #
9104817
Parcel #
00363451-001400
Zoning
RL - Residential Low
Deed Restrictions
No
Legal
LOT 14 COCO PLUM ESTATES PB7-95 OR3148-2443 OR3177-611
Taxes
3393.1
Tax Year
2022
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Florida Keys

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
Yes
Control Depth
4
Pool
Yes
Year Built
2023
Lot SqFt
10848
Acres
0.14
Living Apx SqFt
2040
SqFt Source
Blue Print
Total Bedrooms
4
Full Baths
4
Half Baths
Yes
Total Baths
5
Rentals Allowed
Yes
Min Rental Days
7

Status Change Info

Sold Date
2024-02-29

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Association Fee $
0

Dockage

Dock Length
73
Dock
Composite

More Information

Building Style

Above Flood
Yes
Stories
2 Stories

Vehicle Storage

Car(s)
4+
Covered Parking
Yes

Pool Info

Heated
Yes
In Ground
Yes

Remarks & Misc

Remarks – Consumer
Introducing the Epitome of Waterfront Luxury Living. A newly constructed home nestled on a captivating peninsula surrounded by elegant new homes. This 4 bedroom, 4.5 bath single-family residence is a true masterpiece, boasting 75 Ft of waterfront with a deep water dock and wood grain composite decking, granting effortless access to the Atlantic Ocean in mere minutes. Step inside and be greeted by an opulent interior where every bedroom is an en-suite, ensuring privacy and comfort for all. As the day winds down, indulge in picturesque sunsets from your expansive 45' outdoor terrace, creating an idyllic setting for relaxation and entertainment. Impeccably furnished and tastefully decorated, this home exudes elegance and sophistication at every turn. This custom concrete swimming pool invites you to take refreshing dips on warm summer days. Equipped with a heater for those cooler days. Its prime location offers tremendous income potential, allowing for 7-Day short-term vacation rentals, with a vacation rental license currently in process with an estimated annual gross rents $190k-$220K. Storage space is never a concern, providing 801 sq ft of spacious area downstairs for all your toys.. Revel in breathtaking views that surround you, and anticipate the forthcoming completion of the pavers and backyard, as the permitting process is already underway. Experience the allure of Pescayo Ave, where the dream of coastal living becomes a breathtaking reality. Owner Agent.

Fee Includes

None
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Pets

Pets Allowed
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Waterfront

Canal Front
Yes

Waterview

Canal View
Yes

Floor

Tile
Yes

Interior Features

Quartz Countertops
Yes
Split Bedroom
Yes
Storage
Yes
Walk-in Closet(s)
Yes

Property Condition

New Construction
Yes

Windows/Doors

Impact Rstnce Doors
Yes
Impact Rstnce Window
Yes

Construction

CBS
Yes

Land Size

Less Than 1/4 Acre
Yes

Furnished

Furnished
Yes

Terms

Cash
Yes
Conventional
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Title

Title Ins - Buyer
Yes

Roof

Metal Roof
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Property Condition: New Construction Vehicle Storage: Covered Parking Furnished: Furnished Cooling: Central Air Heating: Central Utilities: FKAA; Municipal Sewer Interior Features: Quartz Countertops; Split Bedroom; Storage; Walk-in Closet(s) Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Pool Info: In Ground Construction: CBS Floor: Tile Roof: Metal Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional Title: Title Ins - Buyer
Listing Office: American Caribbean Real Estate, Christie's International Real Estate
Last Updated: September - 02 - 2024
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.