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$24,995,000

Beds
9
Baths
10.5
sq ft
18,763

2405 Coco Plum Dr, Marathon, FL 33050

2405 Coco Plum Dr

Marathon, FL 33050

  • 668 days on market
Experience exquisite luxury living in this brand new beach estate. This mesmerizing ocean-front estate boasts six spacious masters bedroom suites, eight full bathrooms, one half bath, an expansive office, a well-equipped gym with bath, and a game room. With a stunning summer kitchen and a separate guest house featuring three bedrooms and two bathrooms, this property offers ample space for hosting grand events. The four-car garage, oversized 100 x 42 pool, and state-of-the-art finishes throughout the house. The property has 200 ft of Beach Front. This rare gem is currently under construction and is scheduled to be completed in 2024, making it an excellent opportunity for savvy investors at under $950 p/sqft. Come make your dreams a reality by owning this exquisite masterpiece.

Details

Property type

Single Family Residence

Est. home value

$19,294,192

Property condition

Under Construction

Lot size

1.72 acres

Price per sq ft

$1,333

Year built

2023

Annual property taxes

$10,484

Price History

08/02/2024
SEF

SEF #A11306875

Listed
$24,995,000
07/31/2024
SEF

SEF #A11306875

Removed
$24,995,000
02/23/2024
SEF

SEF #A11306875

Price change
$24,995,000
+30.18%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Scott A Marr

Loan start date

April 2022

Original loan amount

$3,000,000

Est. remaining balance

Not provided

Interest rate

3.92%

Loan type

Commercial, 1 year

Seller

2404 Coco Plumllc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/18/2024 at 6:15 AM

Listing updated: 09/30/2024 at 5:28 PM

Listed by: Maryorie Martinez, M & M Realty Investors, LLC Phone #: (305) 427-7333

MLS: SEF #A11306875

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