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Sold for $1,560,000
  • $1,560,000

    540 Sombrero Beach Rd, Marathon, FL 33050

    2beds
    1,170sqft
    Single Family Residence
    Built in 1981
    10,018 Square Feet Lot
    $1,527,800 Zestimate®
    $1,333/sqft
    $4,312 Estimated rent

    Home value

    $1,527,800

    $1.45M - $1.60M

    $4,312/mo

    Zestimate® history
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    What's special

    Immediate boating accessWaterfront homeTravertine deckingThoughtfully designed outdoor livingUpdated landscapingExtensive landscape lighting
    Located in Marathon's desirable Sombrero area, this waterfront home combines immediate boating access, thoughtfully designed outdoor living, and close proximity to Sombrero Beach. The property offers 76 feet of waterfront, a 40-foot dock, and immediate access to open water--an ideal setup for fishing, diving, or simply enjoying life on the water. When you're not on the boat, Sombrero Beach is just moments away. Recent improvements totaling more than $300,000 have transformed the outdoor spaces into an extension of the home. A custom pool and spa with sun shelf, travertine decking, outdoor grilling and bar area, updated landscaping, extensive landscape lighting, multiple covered and screened patios are among the property's notable upgrades. A climate-controlled 500-square-foot lower-level bonus area provides additional flexible space for storage, recreation, hobbies, or a home gym. The property has also proven itself as a highly successful vacation rental, with 2026 year-to-date income and existing future bookings already exceeding $100,000 net to the owner. The assumable flood insurance policy, currently just $1,289 per year, further enhances the property's appeal. Looking ahead, existing architectural plans provide the opportunity to add three additional bedrooms, creating a five-bedroom home and further maximizing this sought-after Sombrero Beach location. Enjoy the home as it is today, with its proven rental performance, while retaining the option to expand in the future. Immediate boating access, proximity to Sombrero Beach, thoughtfully designed outdoor living, proven rental performance, and future expansion potential come together in a property that offers the best of Keys living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracy Chacksfield 312-350-4601,

    Berkshire Hathaway HomeServices Keys Real Estate

    Bought with:

    Jesus Parra, 3589805

    Coldwell Banker Schmitt Real Estate Co.

    Lela Ashkarian, 622790

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 620395MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Range, Microwave, Disposal, Wine Cooler, Stainless Steel Appliance(s)
    Features
    • Storage, Walk-in Closet(s), Bar, Quartz Countertops
    • Flooring: Tile
    • Furnished: Yes
    Interior area
    • Total structure area: 1,170
    • Total interior livable area: 1,170 sqft

    Property

    Parking
    • Parking features: Storage
    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Open Porch/Balcony, Patio, Screened Patio
    • Exterior features: Bar, Built-in Barbecue, Rain Gutters, Lighting, Storage
    • Has private pool: Yes
    • Pool features: In Ground, Concrete, Decked
    • Has spa: Yes
    • Spa features: Heated
    • Fencing: Fenced
    • On waterfront: Yes
    Lot
    • Size: 10,018 Square Feet
    Details
    • Parcel number: 00354940000000
    • Zoning: RM - Residential Medium

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Hardi Board Siding
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1981

    Community & HOA

    Community
    • Features: Beach, Bike Paths
    • Subdivision: Sombrero Bch Village (49.5)
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Marathon

    Financial & listing details

    • Price per square foot: $1,333/sqft
    • Tax assessed value: $1,422,175
    • Annual tax amount: $13,207
    • Date on market: 6/24/2026
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    11/4/2026Sold$1,560,000-4.6%$1,333/sqft
    Source: FLKMLS #620395 Report a problem
    9/23/2026Contingent$1,635,000$1,397/sqft
    Source: FLKMLS #620395 Report a problem
    8/20/2026Price change$1,635,000-2.4%$1,397/sqft
    Source: FLKMLS #620395 Report a problem
    6/24/2026Listed for sale$1,675,000+48.9%$1,432/sqft
    Source: FLKMLS #620395 Report a problem
    4/20/2026Listing removed$20,704$18/sqft
    Source: Zillow Rentals Report a problem
    4/18/2026Listed for rent$20,704$18/sqft
    Source: Zillow Rentals Report a problem
    6/3/2021Sold$1,125,000-2.1%$962/sqft
    Source: FLKMLS #594674 Report a problem
    2/13/2021Listed for sale$1,149,000+17.2%$982/sqft
    Source: Island Breeze Realty, LLC #594674 Report a problem
    7/4/2020Listing removed$980,000$838/sqft
    Source: Island Breeze Realty, LLC #591194 Report a problem
    6/10/2020Listed for sale$980,000+33.3%$838/sqft
    Source: Island Breeze Realty, LLC #591194 Report a problem
    12/8/2004Sold$735,000+23.5%$628/sqft
    Source: Public Record Report a problem
    11/24/2003Sold$595,000+197.5%$509/sqft
    Source: Public Record Report a problem
    3/20/1998Sold$200,000$171/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,208 +2.9%$1,420,635 +12.3%
    2024$12,833 +6.4%$1,265,334 +10%
    2023$12,060 +10.7%$1,150,304 +10%
    2022$10,894 +27.3%$1,045,731 +37.6%
    2021$8,558 +5.1%$760,009 +4.1%
    2020$8,143 $729,941 -0.3%
    2019$8,143 -0.3%$732,297 -0.3%
    2018$8,171 +3.1%$734,803 +36%
    2017$7,924 +38.7%$540,321 +2.1%
    2016$5,715 -0.8%$529,208 +0.7%
    2015$5,763 $525,529
    Find assessor info on the county website

    Neighborhood: 33050

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,527,800

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $1,527,800