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

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 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.

More Information MLS# 606714

Contract Information

Listing Board: Florida Keys Current Price: $2,250,000 Listing Date: 2023-09-20 Sold Price: $2,250,000

Location, Tax & Legal

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 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

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 4 Lot SqFt: 10848 Pool: Yes Acres: 0.14 SqFt Source: Blue Print Rentals Allowed: Yes Min Rental Days: 7 Style: Single Family Year Built: 2023 Living Apx SqFt: 2040 Total Bedrooms: 4 Full Baths: 4 Half Baths: 1 Total Baths: 5

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.

Association Info

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

Fee Includes

None: 1

Dockage

Dock Length: 73 Dock: Composite

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Central Air: 1

Heating

Central: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1

Floor

Tile: 1

Interior Features

Quartz Countertops: 1 Split Bedroom: 1 Storage: 1 Walk-in Closet(s): 1

Property Condition

New Construction: 1

Building Style

Above Flood: Yes Stories: 2 Stories

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Car(s): 4+ Covered Parking: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Furnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Title

Title Ins - Buyer: 1

Pool Info

In Ground: 1 Heated: Yes

Roof

Metal Roof: 1

Status Change Info

Sold Date: 2024-02-29 Sold Price: $2,250,000 Status: Closed

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
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