247 Pescayo Ave, Marathon, FL 33050
SOLDFEB 29, 2024

247 Pescayo Ave
Marathon, FL 33050

  • 4 Beds
  • 5 Baths
  • 2,040 sqft (on 0.25 acres)
  • 4 Beds
  • 5 Baths
  • 2,040 sqft (on 0.25 acres)

$2,250,000

Last Sold: Feb 29, 2024
6% below list $2.4M
$1,103/sqft
Est. Refi. Payment $13,006/mo*

Homes for Sale Near 247 Pescayo Ave

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from February 29, 2024
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.

Home Highlights

Parking
4 Parking Spaces
Outdoor
Pool
View
Canal
HOA
None
Price/Sqft
$1,103/sqft
Listed
180+ days ago

Home Details for 247 Pescayo Ave

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2040 Square Feet
Appliances & Utilities
Utilities: FKAAAppliances: Dishwasher, Washer, Refrigerator, Range, Microwave, Dryer, DisposalDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Window: Impact Rstnce WindowDoor: Impact Rstnce DoorsFlooring: Tile
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Tile
View
Has a ViewView: Canal

Exterior Features

Exterior Home Features
Roof: Metal
Parking & Garage
No CarportNo GarageNo Attached GarageNo Open ParkingParking Spaces: 4Parking: Covered
Pool
Pool: Heated, In GroundPool
Frontage
WaterfrontWaterfront: Canal Front, Waterfront, Dock: Composite, Dock Length: 73On Waterfront
Water & Sewer
Sewer: Municipal Sewer, Public Sewer

Property Information

Year Built
Year Built: 2023
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: CBSIs a New Construction
Property Information
Condition: New ConstructionParcel Number: 00363451001400

Price & Status

Price
List Price: $2,399,900Price Per Sqft: $1,103/sqft

Active Status

MLS Status: Closed

Location

Direction & Address
City: MarathonCommunity: Coco Plum Beach (54.5)

HOA

HOA Fee Includes: NoneAssociation for this Listing: Florida KeysNo HOA

Lot Information

Lot Area: 10848 sqft

Offer

Listing Terms: Cash, Conventional

Rental

Furnished

Miscellaneous

Mls Number: 606714Water ViewWater View: Canal
Last check for updates: about 15 hours ago
Listed by Carlos Lorenzo, (786) 251-4823
American Caribbean Real Estate, Christie's International Real Estate
Bought with: Kristina Thomson, (305) 297-4676, Coldwell Banker - Pinecrest
Originating MLS: Florida Keys
Source: FLKMLS, MLS#606714

Price History for 247 Pescayo Ave

DatePriceEventSource
02/29/2024$2,250,000Sold
FLKMLS #606714
02/16/2024$2,399,900PendingFLKMLS #606714
02/01/2024$2,399,900ContingentKey West AOR #606714
01/13/2024$2,399,900PriceChange
Key West AOR #606714
12/02/2023$2,479,900PriceChange
Key West AOR #606714
11/03/2023$2,599,900PriceChange
Key West AOR #606714
10/06/2023$2,749,900PriceChange
Key West AOR #606714
09/21/2023$2,799,900Listed For SaleKey West AOR #606714
01/13/2022$362,400Sold
N/A

Property Taxes and Assessment

Year2023
Tax$4,023
Assessment$373,456
Home facts updated by county records

Comparable Sales for 247 Pescayo Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.00
Single-Family Home
$2,850,000
01/26/24
5
6
2,746
0.28
Single-Family Home
$2,450,000
07/17/23
4
5
2,640
0.28
Single-Family Home
$2,397,500
12/29/23
3
5
2,640
0.24
Single-Family Home
$1,935,000
04/09/24
3
4
2,401
0.07
Single-Family Home
$1,450,000
04/12/24
3
3
1,778
0.27
Single-Family Home
$3,880,000
08/25/23
4
5
4,129
0.60
Single-Family Home
$1,750,000
07/07/23
4
3
2,376
0.47
Single-Family Home
$1,700,000
03/22/24
4
3
1,739

What Locals Say about Marathon

  • Ingridfox
    "people love walking dogs on the beach and dog dog park at Sombrero Beach. A lot of restaurants are dog friendly. This is a great place for dog owners. "
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  • C E.
    "There is no place for kids to hang out really except for the skate park. There are no malls, no skating rinks, no places for kids to meet safely. "
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  • Jan M.
    "We have basic public transportation. I’d take a taxi anywhere in town. .............................,,"
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  • Erin F.
    "There’s plenty of grass, sidewalks and quiet roads to walk along.. plus the public beach is always a dogs favorite adventure.. just pick up after your dog!"
    2
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  • Thurmankolb
    "Yes! Dog park just down the street. Lots of neighbors know each other by our dogs. Great vets n Marathon and good groomer."
    6
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  • Thurmankolb
    "Lots of community events and activities. Fishing tournaments, seafood festival, school carnivals, etc... "
    1
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  • Jamie B.
    "Everyone gets together for the kids at Halloween. We have a community park with special events planned for the kids and the beach is the sight for a special 4th of July. "
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  • Abiezer31
    "Of course ,the neighbors the owner and dog are very nice I’m very proud living in my house.and this neighborhood "
    3
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  • Darren S.
    "I live off the beaten path across the street from a golf course. It's very quiet and tranquil. throb marinas surrounding the property and can walk to All shops and stores."
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  • Cyndiepalmer
    "We are a friendly neighborhood. You walk your street and say Hi anytime. It is a safe street to live "
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  • Ksperkinson
    "Safe clean near ocean good police pet friendly hospital is coming along in the construction have contract here at hospital looking forward to finding a good place for 3 months"
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  • Lb2071
    "water front community , is a small island called Flamingo Island. We have a 9 hole golf course and just 5 minutes from Publix and Kmart. Sombrero beach is right at the outset of the canals on the Atlantic ocean and the people are very loving and friendly."
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  • Gonzalez8834
    "Marathon is a great place to life and have a family, very safe, quiet and full of great people. ......"
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  • Anne K.
    "Lived here for many years and is one of the best places to live in Marathon. Conveniently located near schools, parks, shopping and beach just minutes away."
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LGBTQ Local Legal Protections

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 247 Pescayo Ave

Off Market Homes Near 247 Pescayo Ave

247 Pescayo Ave, Marathon, FL 33050 is a 4 bedroom, 5 bathroom, 2,040 sqft single-family home built in 2023. This property is not currently available for sale. 247 Pescayo Ave was last sold on Feb 29, 2024 for $2,250,000 (6% lower than the asking price of $2,399,900). The current Trulia Estimate for 247 Pescayo Ave is $2,281,500.