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Anchor Line Realty

Anchor Line Realty specializes in buyer brokerage, real estate sales listings, and long term property management in Key West & the Florida Keys.

Call: (305) 766-6835

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$3,250,000
5 Ocean East
Marathon, FL 33050
MLS# 608246
Status: Closed
4 beds  |  5 baths  |  5340 sqft


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Property 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!

Details
Maps
Contract Information
Current Price: $3,250,000
Listing Date: 2024-01-18
Listing Board: Marathon/Lower Keys
Leased Price Monthly: $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
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
Status Change Info
Under Contract Date: 2024-05-23
Leased Date: 2024-06-21
Leased Price Monthly: $3,250,000
Status: Closed
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

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.


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David Austin, Owner/Broker
Anchor Line Realty, LLC
820 Ashe Street
Key West, FL 33040
www.anchorlinerealty.com
[email protected]
305.766.6835
Member, National Association of Realtors (NAR)
Member, Florida Association of Realtors (FAR)
Member, Key West Association of Realtors (KWAR)