540 Sombrero Beach Road,MARATHON, FL 33050
MARATHON, FL 33050
Description
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.
Details
| MLS # | 620395 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1981 |
| Days On Site | 70 |
| Listing Provided By | Berkshire Hathaway HomeServices Keys Real Estate | Tracy Chacksfield |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,170 |
| Pool | Yes |
| Zoning | RM - Residential Medium |
| Acreage | 0.23 |
| Water Front | Yes |
| Property View | Canal, Ocean |
Taxes
| Property | 13207 |
|---|
Area Information
| State | FL |
|---|---|
| County | Monroe |
| City | MARATHON |
| Zip Code | 33050 |
| Area | 14 Sombrero Area |
| Community Name | Sombrero Bch Village (49.5) |
| Listing VS Median (in Sombrero Bch Village (49.5)) | |
Price: $1,635,000 low | high Med: $1,295,000 sqft: 1,170 low | high Med: 1,668 $ / sqft: $1,397 low | high Med: $776 On site: 70 low | high Med: 27 | |
Market Activity 33050
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The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
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Learn More About This Property
| State | FL |
|---|---|
| County | Monroe |
| City | MARATHON |
| Zip Code | 33050 |
| Area | 14 Sombrero Area |
| Community Name | Sombrero Bch Village (49.5) |
| Listing VS Median (in Sombrero Bch Village (49.5)) | |
Price: $1,635,000 low | high Med: $1,295,000 sqft: 1,170 low | high Med: 1,668 $ / sqft: $1,397 low | high Med: $776 On site: 70 low | high Med: 27 | |
