109 Avenue E $4,950,000


    109 Avenue E Marathon, FL 33050

    • 4 Beds
    • 5 Baths
    • 3,949 sq. ft.
    • Single-Family
    • MLS# 602379
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    Views: 3 Days On Site: 30

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    Paradise awaits at this gorgeous property, located in the tranquil community of Coco Plum. Nestled in the Heart of the Florida Keys this newly constructed coastal, contemporary home was completed in 2020, boasts 4,000 sq ft of living space & a total of 7,774 sq ft under roof. Grand foyer leads up to an entertainer's delight with an expansive open floor plan & high-end gourmet kitchen, perfect for large gatherings or simply enjoy quiet time overlooking the wide canal with small island creating peace & privacy. On the main level there is oversized master bdrm, gorgeous master bath & spacious walk-in closet. The master bdrm has access to one of the many verandas overlooking the waterway. There are two large guest bedrooms, one with an ensuite bath & the other that shares the hall bath. There is a spacious laundry room as well as a walk-in pantry off the kitchen. Your guests may also reside in the legal & large downstairs 1 bed/1 bath fully equipped apartment with beautiful high-end finishes. This apartment can also be legally rented & enjoy the benefit of rental income. It also includes its own separate building right, giving this property 2 legal building rights! For the avid fisherman & sportsman this property is a dream come true. There is no shortage of docking space with the exceptional marina style dock area that houses several slips & is equipped with a 27K lbs lift and 50amp Shore Power, as well as a convenient onsite boat ramp where you can launch smaller vessels. Easy access to both Atlantic & Gulf of Mexico. There are plans and an allowance for the buyer to complete their dream pool. An area for an outdoor kitchen with utilities already in place. There is a garage located on the right runs from the front to back of the house with front and back garage doors & also has a finished pool bath with shower. The left side has an oversized one car garage. Don't Miss this Property!

    • General Features
      • Acreage 0.25
      • Square Footage 3,949
      • Fee Includes None
      • Deed Restrictions Unknown
      • Key Island Marathon
      • Subdivision Coco Plum Beach (54.5)
      • Neighborhood Features Beach
      • Pets Pets Allowed
      • Rentals Allowed With Restrictions
      • Taxes $12,037
      • Tax Exemptions Homestead
      • Tax Year 2021
    • Building Features
      • Appliances Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Stainless Steel Appl, Washer, Wine Cooler
      • Cooling/Heating Central A/C
      • Interior Features Foyer, Pantry, Storage, Walk-in Closet, Wet Bar
      • Construction CBS
      • Flooring Tile Floor
      • Furnished Unfurnished
      • Porch/Balcony Open Porch/Balcony, Patio
      • Roofing Metal Roof
      • Windows/Doors Impact Rstnce Doors, Impact Rstnce Window
    • Property Features
      • Dockage Boat Lift, Boat Ramp
      • Dockage - Dock Wood
      • Garage Spaces 4+
      • Garage/Parking Covered Parking, Garage, Off Street Parking, Open Parking, RV Parking Open, Trailer Storage
      • Pool No
      • Side Ocean
      • Water View Canal View
      • Waterfront Property Yes
      • Waterfront Type Canal Front
      • Utilities Buyer to Verify, FKAA, Municipal Sewer
      • Pub Sewer HkUp Yes
      • Zoning RM - Residential Medium



    33050 (Marathon) Demographics

    49 Median Age
    201 Population Density (per sq. mile)
    42% College Educated
    $58,120 Estimated Median Income
    2,229 Estimated Total Home Owners
    1,954 Estimated Total Renters
    53% / 47% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    9,530 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $615,000 Median Sales Price
    17 Homes Sold
    27 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $4,950,000
        9/9/2022 12:48:29 PM Price Reduced Source: Multiple Listing Service New Value: $4,950,000 -6.6%
        8/31/2022 5:19:00 PM New in Database Source: Multiple Listing Service New Value: $5,300,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Listing information is provided in part by the Internet Data Exchange (IDX) program of the Florida Keys Board of REALTORS®, Inc. The information on this website 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. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2022 Florida Keys Board of REALTORS®, Inc. All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.