Located within a private, gated oceanfront community in one of Marathon's most sought-after neighborhoods, this unique property offers exceptional potential and an unbeatable location. Positioned due east, the home captures stunning sunrise views and expansive vistas across the Atlantic, with panoramic exposure to the east and southeast. The existing residence features custom hardwood flooring and handcrafted woodwork throughout, adding warmth and character. The spacious primary suite opens to a large patio overlooking the water--perfect for enjoying ocean breezes by day and the twinkling shoreline lights of Marathon by night. Recent upgrades include impact windows and doors (2024) and a metal roof (2018). The property also includes a rare 49' deeded dock just across the street, complete with a storage structure for fishing gear and additional parking for vehicles or a golf cart. Downstairs offers 1,568 sq ft of legal storage and utility space, providing flexibility for equipment, hobbies, or future enhancements. The generous yard has ample room for a pool and outdoor living expansion. For investors or end-users, this is a standout opportunity: enjoy the home as-is, or take advantage of the ability to build a new elevated residence to maximize the already spectacular ocean views. Ideally located near Sombrero Beach, with easy access for walking or biking, this property combines privacy, boating convenience, and redevelopment potential--an increasingly rare combination in today's market.