5 Ocean Dr E

5,340 Sq. Ft.
$609 / Sq. Ft.
5,340
Sq. Ft.
$609
per Sq. Ft.

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...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!
  1. Listed by Samuel Davis Williams • Coldwell Banker Schmitt Real Estate Co.

Property Details for 5 Ocean Drive East

Waterfront
Oceanfront, Open Water
Waterfront
Yes
Zoning
RM - Residential Medium
Subdivision
Ocean East (50.0)
Directions
Go down Sombrero Beach Rd -take left at Tingler- left on Ocean East -house is on right side.
Vehicle Storage
Auto Door Opener, Garage
Pets
Pets Allowed
LISTING UPDATED: 06/24/2024 02:17 PM

Property Details for 5 Ocean Drive East

StatusClosed
MLS #608246
Days on Market126
Taxes$20,486 / year
HOA Fees$500 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built2001
Lot Size0.34 AC / 14,730 SF
CountyMonroe County

Location

Listing Courtesy of Coldwell Banker Schmitt Real Estate Co.

Sold By Coldwell Banker Schmitt Lower Keys (KW)

Add your commute

Building Information for 5 Ocean Drive East

Stories-Year Built2001Building Size-Lot Size0.34 AC / 14,730 SF

Payment Calculator

$17,589 per month

30 year fixed, 6.15% Interest

Principal and Interest

$15,840

Property Taxes

$1,707

HOA Dues

$42

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Ocean Drive East

Summary
Location and General Information
  • Waterview: Ocean View, Open Water View
  • Area: 14 - Sombrero Area
  • Absolute Longitude: 81.076074
  • Control Depth: 4
  • Off Shore Island: No
  • Listing Board: Marathon/Lower Keys
  • Side: Ocean
  • Mile Marker: 50.0
  • Marathon Neighborhood: Sombrero
  • Neighborhood Feature: Airstrip, Fire Hydrant, Bike Paths, Beach
  • Key/Island: Marathon
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: Voluntary Home Owners Asc: Yes
  • Association Info: 1st Right of Refusal: No
  • Association Info: Assoc Approval Req: No
  • Fee Includes: None
  • Furnished: Negotiable
  • Tax Year: 2023
  • Tax Exemptions: Homestead
Property
Lot Information
  • Acres: 0.34
  • Parcel #: 00104670-000500
  • Land Size: 1/4 - 1/2 Acre
Property and Assessments
  • Legal: 14 66 32 BOOT KEY (AKA UR OCEAN EAST INC REV SURVEY 4-14-75 - LOT 5)
  • MLS Approved: Y
  • Bank Owned: No
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Flood Zone: VE-13
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 79
  • Document Count: 0
  • Building Style: Above Flood: Yes
  • Security: Electric Gate
Utilities
  • Utilities: Elect Separate Meter, Water Separate Meter, FKAA, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Species List: No
  • Pool: No
  • Porch/Balcony: Open Porch/Balcony, Patio
Interior and Exterior Features
Interior Features
  • Floor: Tile
  • Interior Features: Elevator
  • Appliances: Dishwasher, Refrigerator, Range, Oven
Exterior Features
  • Roof: Tile Roof
  • Shutters: Accordion, Panel
  • Dockage: Dock Length: 131
  • Dockage: Dock: Concrete
  • Dockage: Seawall: Concrete
  • Construction: CBS
  • Dockage: Boat Lift, Other Dockage
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
Room Information
  • Specialty Rooms: Laundry Room, Workshop

Property History for 5 Ocean Drive East

DateEvent & SourcePriceAppreciation
Oct 18, 2025

Temp Off Market

FKMLS #616083

Aug 8, 2025

Listed (Active)

FKMLS #616083

$5,499,000
Jun 21, 2024

Sold (Public Record)

Public Record #1535684618

$3,250,000
Jun 21, 2024

Sold

FKMLS #608246

$3,250,000
May 23, 2024

Pending

FKMLS #608246

May 23, 2024

Backup Contract

FKMLS #608246

Jan 18, 2024

Price Change

FKMLS #608246

$4,500,000
Jan 18, 2024

Price Change

FKMLS #608246

$4,100,000
Jan 18, 2024

Listed (Active)

FKMLS #608246

$3,600,000
Mar 1, 2006

Expired

FKMLS #529736

Jan 30, 2006

Sold (Public Record)

Public Record #190285132

$3,250,000
Oct 4, 2005

Expired

FKMLS #523834

Aug 1, 2005

Listed (Active)

FKMLS #529736

$3,400,000
Oct 4, 2004

Listed (Active)

FKMLS #523834

$3,600,000
Sep 30, 2004

Expired

FKMLS #521282

Aug 5, 2004

Expired

FKMLS #520360

Apr 23, 2004

Expired

FKMLS #518669

Mar 30, 2004

Listed (Active)

FKMLS #521282

$3,600,000
Feb 5, 2004

Listed (Active)

FKMLS #520360

$3,999,000
Oct 23, 2003

Listed (Active)

FKMLS #518669

$3,999,000
DateEvent & SourcePrice
10/18/2025

Temp Off Market

FKMLS #616083

08/08/2025

Listed (Active)

FKMLS #616083

$5,499,000
06/21/2024

Sold (Public Record)

Public Record #1535684618

$3,250,000
06/21/2024

Sold

FKMLS #608246

$3,250,000
05/23/2024

Pending

FKMLS #608246

05/23/2024

Backup Contract

FKMLS #608246

01/18/2024

Price Change

FKMLS #608246

$4,500,000
01/18/2024

Price Change

FKMLS #608246

$4,100,000
01/18/2024

Listed (Active)

FKMLS #608246

$3,600,000
03/01/2006

Expired

FKMLS #529736

01/30/2006

Sold (Public Record)

Public Record #190285132

$3,250,000
10/04/2005

Expired

FKMLS #523834

08/01/2005

Listed (Active)

FKMLS #529736

$3,400,000
10/04/2004

Listed (Active)

FKMLS #523834

$3,600,000
09/30/2004

Expired

FKMLS #521282

08/05/2004

Expired

FKMLS #520360

04/23/2004

Expired

FKMLS #518669

03/30/2004

Listed (Active)

FKMLS #521282

$3,600,000
02/05/2004

Listed (Active)

FKMLS #520360

$3,999,000
10/23/2003

Listed (Active)

FKMLS #518669

$3,999,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Ocean Drive East

Taxable ValueLand$2,010,240Additions$1,253,280Total$3,263,520
Tax Record2024$20,561 ($1,713 / month)
Home Facts
Beds4Baths4.5Total Finished SqFt4,972 SqFtAbove Grade Finished SqFt4,972 SqFtStories3Lot Size14,706 SqFtStyleSingle Family ResidenceYear Built2001Year Renovated2006CountyMONROEAPN00104670-000500

Schools near 5 Ocean Drive East

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Charter - PK to 5
Rating
School
Distance
Stanley Switlik Elementary School
PublicPK to 5

Marathon School
Public6 to 12

Coral Shores High School
Public9 to 12

Big Pine Academy
CharterPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Schmitt Real Estate Co.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.