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, and a metal roof installed in 2021 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.
Under contract
Price cut: $40K (8/20)
$1,635,000
540 Sombrero Beach Rd, Marathon, FL 33050
2beds
1,170sqft
Single Family Residence
Built in 1981
10,018 Square Feet Lot
$1,545,900 Zestimate®
$1,397/sqft
$-- HOA
What's special
Immediate boating accessWaterfront homeTravertine deckingThoughtfully designed outdoor livingUpdated landscapingExtensive landscape lighting
- 91 days
- 695
- 41
Zillow last checked:
Listing updated:
Listed by:
Tracy Chacksfield 312-350-4601,
Berkshire Hathaway HomeServices Keys Real Estate
Source: FLKMLS,MLS#: 620395
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: $1,397/sqft
- Tax assessed value: $1,422,175
- Annual tax amount: $13,207
- Date on market: 6/24/2026
- Listing terms: Cash,Conventional,FHA
Estimated market value
$1,545,900
$1.47M - $1.62M
$4,115/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2026 | Contingent | $1,635,000$1,397/sqft |
Source: | ||
| 8/20/2026 | Price change | $1,635,000-2.4%$1,397/sqft |
Source: | ||
| 6/24/2026 | Listed for sale | $1,675,000+48.9%$1,432/sqft |
Source: | ||
| 4/20/2026 | Listing removed | $20,704$18/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/18/2026 | Listed for rent | $20,704$18/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/3/2021 | Sold | $1,125,000-2.1%$962/sqft |
Source: | ||
| 2/13/2021 | Listed for sale | $1,149,000+17.2%$982/sqft |
Source: Island Breeze Realty, LLC #594674 Report a problem | ||
| 7/4/2020 | Listing removed | $980,000$838/sqft |
Source: Island Breeze Realty, LLC #591194 Report a problem | ||
| 6/10/2020 | Listed for sale | $980,000+33.3%$838/sqft |
Source: Island Breeze Realty, LLC #591194 Report a problem | ||
| 12/2/2004 | Sold | $735,000+23.5%$628/sqft |
Source: | ||
| 11/24/2003 | Sold | $595,000+197.5%$509/sqft |
Source: Public Record Report a problem | ||
| 3/20/1998 | Sold | $200,000$171/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment







