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