128 Sunrise Drive, Marathon, FL 33050 — MLS photo

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128 Sunrise Drive, Marathon, FL 33050

Active · SingleFamilyResidence

$7,750,000

128 Sunrise Drive, Marathon, FL 33050

Beds
4
Baths
5
Living area
— sq ft
$ / sq ft
—
Year built
2025
Lot size
8,617 sq ft
HOA fee
$900 Annually
Annual tax
$8,918

About this property

Experience the rare combination of protected dockage and direct oceanfront living at 128 Sunrise Drive. Situated within an exclusive gated enclave of just 20 lots, this newly constructed 2025 waterfront residence offers a level of privacy, luxury, and lifestyle rarely found in the Florida Keys. Positioned to capture unobstructed ocean views and a year-round ocean breeze, this home offers an elevated coastal lifestyle with exceptional attention to detail throughout. Each bedroom features a private ensuite bathroom and spacious walk-in closet, while a true foyer entry, elevator, and abundant storage create a floor plan that is as functional as it is beautiful. The open concept living offers the perfect home to entertain and enjoy tons of natural light. The interior design offers high end tile selections, designer light fixtures and wood accents throughout. The home also features 3 interior bars and window treatments throughout. The living spaces seamlessly transition outdoors, where an expansive entertainment area is designed to embrace the Keys lifestyle. Enjoy a resort-style pool and hot tub, outdoor kitchen, and multiple spaces to relax while overlooking the waters of the Atlantic. A rare wade-in beach offers effortless access to the ocean, while protected dockage on the canal side provides a secure spot for your boat. Additional features include a one-car garage, oversized air-conditioned storage space, and a generous covered carport ideal for vehicles, boats, and more!

Property location

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128 Sunrise Drive, Marathon, FL 33050

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Facts & features

Interior

Bedrooms
4
Bathrooms
5
Flooring
Tile
Appliances
Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Wine Cooler, Washer
Cooling
Central Air
Heating
Central
Interior features
Wet Bar, Built In Features, Bathtub, Closet Cabinetry, Entrance Foyer, First Floor Entry, Living Dining Room, Pantry, Upper Level Primary, Bar, Walk In Closets, Elevator
Furnished
Negotiable

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2025
Lot size
8,617 sq ft
Roof
Concrete
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Barbecue, Security High Impact Doors, Outdoor Grill
Pool
Concrete, Pool
Spa
Heated, In Ground
Waterfront
Creek, Ocean Front
View
Canal, Ocean

Parking

Garage spaces
1
Covered spaces
5
Parking features
Attached Carport, Attached, Covered, Driveway, Garage, Guest, Paver Block

HOA, Community & Financials

Association fee
$900 Annually
Security
Security Gate, Gated Community, Smoke Detectors
Pets allowed
Cats Ok, Dogs Ok, Yes
Annual tax
$8,918
Subdivision
Sunrise Isle
County
Monroe
Days on market
498
MLS listing ID
A12028272
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,715

Cap rate
5.1%
Net yield
5.1%
Cash-on-cash return
-2.1%
Gross yield
6.6%
Mortgage payment
$36,739/mo
Down payment
$1,937,500
Loan amount
$5,812,500
Annual NOI
$396,282

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.