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715 50Th Street Gulf

Marathon, FL 33050
  • $3,750,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 610587
$3,750,000
  • 6
    BEDS
  • 0.35
    ACRES
  • 6
    BATHS
  • 1
    1/2 BATHS
  • 3,195
    SQFT
  • $1,174
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2023
County:

School Ratings & Info

Description

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.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Expert Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keywestexperts.com/homes/152127779
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715 50Th Street Gulf Marathon, FL 33050

  • Price: $3,750,000
  • Status: Active
  • On Site: 15 Days
  • MLS #: 610587
6
Beds
6
Baths
1
½ Baths
0.35
Acres
3,195
SQFT
$1,174
$/SQFT
2023
Built
Neighborhood:
Vaca Village (49.5)
County:
Monroe
Area:
13 - 7 Mile Bridge To Sombrero Bch Rd E & W
Property Description
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.
Exterior Features

Above Flood Yes Construction CBSCombo ConstructionStucco Dockage Dock Concrete Dockage Seawall Concrete Exterior Features FencingSprinkler System Land Size 1/4 - 1/2 Acre Pool Info In GroundDecked Pool YN Yes Porch Balcony Open Porch/BalconyDeck Shutters Bahama Side Bay/Gulf Stilt Column Height Tall - 10Ft & Over Stories 2 Stories Style Single Family Vehicle Storage GarageCovered ParkingOff Street ParkingOpen ParkingAuto Door OpenerAttached Vehicle Storage Cars 4+ Waterfront Canal Front Waterfront YN Yes Waterview Bay/Gulf ViewOpen Water View

Interior Features

Appliances DishwasherStainless Steel Appliance(s)DisposalMicrowaveOvenRangeRefrigerator Cooling Heating Central AirCeiling Fans(s) Furnished Furnished Interior Features PantryBuilt-in CabinetsQuartz CountertopsWalk-in Closet(s) Windows Doors Sliding Glass DoorsImpact Rstnce WindowImpact Rstnce Doors

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No Auction No Bank Owned No Bank Owned Financial Status No City MARATHON Control Depth 4 Deed Restrictions Unknown Fee Includes None Flood Zone AE-9 Listing Board Marathon/Lower Keys Mile Marker 49.50 Min Rental Days 7.00 Neighborhood Features Community Boat RampBike PathsAirstripBeach Off Shore Island No Pets Pets Allowed Potential Short Sale No Potential Short Sale Financial Status No Public Sewer Hookup Yes Rentals Allowed Yes Species List No Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2023 Taxes 7663.02 Utilities FKAAElect Separate MeterSewer AvailableMunicipal Sewer Zoning RM - Residential Medium

Listing courtesy of Samuel Williams of Coldwell Banker Schmitt Real Estate Co.: (305) 743-5181.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Expert Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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517 Duval Street #205
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