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Welcome to your slice of paradise in Marathon, where island living meets exceptional investment potential. Tucked at the end of a quiet street in mid-town, this upgraded property captures sweeping Atlantic Ocean views and boasts a strong short-term rental history - ideal as both a private retreat and income-producing asset. Expansive parking accommodates boats, multiple vehicles, RVs, and even an EV charging station, a rare find in the Keys. Lush landscaping with palms, raised garden beds, and automated irrigation creates a true tropical oasis with effortless upkeep. Inside, the updated kitchen features new appliances (2021), a stylish island, refreshed countertops and backsplash, and a functional pantry, perfect for entertaining. Thoughtful upgrades include Spanish tile work, blackout shades, updated ceiling fans, and refinished custom woodwork. Enjoy ocean views from the primary suiteās walk-in shower or unwind in the jetted whirlpool tub. Designed for both durability and efficiency, the home includes hurricane-impact windows and doors, upgraded insulation, a new central air system (2021) with A/C compressor (2026), refurbished roof (2021), a dryer duct fan, and numerous system upgrades. Outdoor living shines with a wraparound porch, outdoor shower, privacy wall, and garden shed. Whether you're seeking a full-time residence, vacation escape, or high-performing rental, this Marathon gem delivers on lifestyle, function, and location.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$980,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $784,000 | $784,000 | $784,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.235% | 6.183% |
| Monthly Tax Payment | $719 | $719 | $719 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,575 | $4,764 | $6,616 |
| Total Monthly Payment | $5,386 | $5,575 | $7,427 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.