Sold

Closed

715 50Th Street Gulf

Marathon FL, 33050

$3,615,000


$1,131.46 per sqft

Sold

Closed

6 Beds

7 Baths

3,195 sqft

Residential

Built in 2023

This exquisite estate, situated on a sprawling 15,000 square foot lot, is perfect for multi-family getaways, retreats, and gatherings. It also serves as a lucrative vacation rental. All set up turnkey with a great book of existing rentals showing a 2024 gross of well over 250k+ available upon request. With 6 beautifully appointed bedrooms and 6.5 bathrooms, the estate provides ample space and privacy. Three separate living quarters ensure everyone has their own private retreat. On the third floor of the main house, you'll find the luxurious master bedroom and private bathroom. Two additional bedrooms each feature their own private bathrooms and a den. The second floor features a chef's kitchen fully equipped, a spacious main living area, and a large covered patio. Attached to the main living quarters via a covered breezeway is the Casita. It has two-bedrooms, one bathroom, a cozy living room and a fully stocked kitchenette. On the ground floor, the family suite offers Bedroom 6, two full bathrooms, a living room and a dry kitchenette with a coffee bar. With its own separate entrance, this suite provides privacy. The outdoor and entertainment areas are designed for endless fun. Overlooking the pool, the air-conditioned cabana features a full wet bar and an 85'' screen TV. The covered patio and pool area include a handcrafted corn hole field, yard games, a fire pit, Jacuzzi, and a ping pong table. For boating enthusiasts, the estate boasts a 120-foot concrete dock with up to 100 feet of usable mooring area, running water, and power. The private dock accommodates most boats, and the mesmerizing dock lighting enhances the evening ambiance. Ample parking is available. Owners are selective about renters, and current gross is based on 50% occupancy, offering growth potential for different business models. Ideal for a low-maintenance second home, allowing you to truly relax. Rental website link is in agent remarks or available upon request and will transfer to new owners.

610587

MLS ID

June 28, 2024

Listed

November 22, 2024

Updated

Map

715 50Th Street Gulf
Marathon FL, 33050

Interior Features

Total Stories

2


Bedrooms

6


Total Bathrooms

7


Full Bathrooms

6


Half Bathrooms

1


Interior Features

Pantry, Built-in Cabinets, Quartz Countertops, Walk-in Closet(s), Bahama, Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors


Appliances

Dishwasher, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fans(s)


Heating

No

Exterior/Building Features

Lot Size

0.35 Acres


Exterior Features

Fencing, Sprinkler System

School Information

School District

Yes

Other Property Details

Area Name

13 - 7 Mile Bridge to Sombrero Bch Rd E & W


Taxes

$7,663


Tax Frequency

Annually


Days on Market

96


Association Amenities

None


Garage

Yes


Parking

Garage, Covered Parking, Off Street Parking, Open Parking, Auto Door Opener, Attached


Parking Total

4


View

Yes


View Description

Bay/Gulf View, Open Water View


County

Monroe


Pool

Yes


Pool Features

In Ground, Decked


Waterfront

Yes


Zoning

RM - Residential Medium

Listing History

Date

Event

Price

11/13/2024

Sold

$3,615,000

10/2/2024

Under contract

Listed by Samuel Davis Williams with Coldwell Banker Schmitt Real Estate Co.
Listing Contact:  

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2025 Florida Keys Board of REALTORS® all rights reserved.

Data last updated on 11/22/2024 at 10:07 PM UTC

 

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