5 Ocean East, Marathon, FL 33050

$3,250,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 5,340 Lot Size (sq. ft.): 14,730 Status: Closed
Current Price: $3,250,000 List Date: 1/18/2024 Last Modified: 3/19/2026

Description

Nestled within the prestigious gated community of Ocean East, this luxurious oceanfront residence is a true gem, offering beautiful water views to the South AND the North! In an exclusive community of 16 homes, this waterfront estate offers an impressive 9,558 sqft under roof with 4,218 sqft of that being balconies, patios, and decks. The oceanfront allure is undeniable with its panoramic views extending to historic Sombrero Lighthouse, adding maritime charm to the stunning vistas. The private dock features 131 ft of stately concrete seawall, boat lift, lit fish-cleaning station, water, power, commercial hose reel, built-in swim ladder and electric davit. Soak in the mesmerizing scenery of both the SUNRISE and SUNSET from the southern-facing waterfront balconies on the main and upper levels of this home. The property provides room to add a pool and hot tub. Four generously sized bedrooms, each featuring their own private en-suites. The master suite has a large walk-in closet and en-suite bathroom, complete with jetted KOHLER tub, two vanities, and separate water closet. The kitchen features granite countertops, stainless steel refrigerator, glass cooktop, and gorgeous water views! The open-concept floorplan has luxurious travertine marble floors throughout, solid-core doors and Hunter Douglas window treatments. The large office space could easily be converted into an additional bedroom. Coveted ELEVATOR for convenience! The four-car garage and separate climate-controlled storage room offer ample space for vehicles and storage. Concrete barrel-tile roof adds to the Mediterranean charm. As a resident of this exclusive enclave, you'll be surrounded by multi-million dollar homes in a luxurious neighborhood, the ''Beverly Hills of Marathon FL'' ensuring that any enhancements you choose to make will be a valuable investment. Experience the pinnacle of coastal living enjoying the views of the dolphins playing, manatees grazing, and resident osprey fishing!

More Information MLS# 608246

Contract Information

Current Price: $3,250,000 Listing Date: 2024-01-18 Listing Board: Marathon/Lower Keys Sold Price: $3,250,000 As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No

Location Tax Legal

Street #: 5 Street Name: Ocean East Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Ocean East (50.0) Area: 14 - Sombrero Area

General Property Description

Realtor.COM Type: Residential - Single Family Style: Single Family Waterfront: Yes Control Depth: 4 Pool: No Year Built: 2001 Lot SqFt: 14730 Lot Sqft Source: Property Data Card Acres: 0.34 Living Apx SqFt: 5340 SqFt Source: Property Data Card Total Bedrooms: 4 Full Baths: 4 Half Baths: 1 Total Baths: 5 Rentals Allowed: Yes Min Rental Days: 7

Status Change Info

Sold Date: 2024-06-21 Sold Price: $3,250,000 Status: Closed

Association Info

Mandatory Home Owners Asc: No Voluntary Home Owners Asc: Yes 1st Right of Refusal: No Assoc Approval Req: No Association Fee $: 500 Assoc/Mnt Fee Per: Yearly

Dockage

Dock Length: 131 Dock: Concrete Seawall: Concrete

Building Style

Above Flood: Yes

Vehicle Storage

Car(s): 4+

Financial Status

Auction: No Bank Owned: No Potential Short Sale: No Standard Sale: Yes

Property Features

Fee Includes: None Tax Exemptions: Homestead Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: Boat Lift; Other Dockage Vehicle Storage: Garage; Auto Door Opener Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Elevator Specialty Rooms: Laundry Room; Workshop Appliances: Dishwasher; Oven; Range; Refrigerator Construction: CBS Shutters: Accordion; Panel Floor: Tile Roof: Tile Roof Pets: Pets Allowed Neighborhood Feature: Airstrip; Beach; Bike Paths; Fire Hydrant Security: Electric Gate Land Size: 1/4 - 1/2 Acre
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: March - 19 - 2026
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