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For sale
  • $639,900

    543 74th Street Ocean, Marathon, FL 33050

    2beds
    672sqft
    : 
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    Single Family Residence
    Built in 1958
    7,840 Square Feet Lot
    $609,700 Zestimate®
    $952/sqft
    $-- HOA

    What's special

    Mature tropical landscaping
    Introducing this charming and newly upgraded Keys Conch Cottage tucked away in the desirable Tropicana subdivision in the heart of Marathon. Set on an impressive 8,000+ sq ft lot, this property offers the rare benefit of flexible mixed-use zoning, allowing for short-term vacation rentals, home-based businesses, and even the potential to divide the side portion of the lot for an on-property business space, an exceptional opportunity for versatility and income potential. It is currently an active, licensed vacation rental with repeat guests already in place. Inside, you'll find a cozy 2-bedroom, 1-bath layout complemented by a large, oversized workshop ideal for storage. The home has been thoughtfully updated with 3 brand-new mini-split air conditioning systems, providing excellent cooling and energy efficiency. All appliances have been upgraded within the last year to matching white KitchenAid, giving the kitchen a clean, cohesive, modern look. Additionally, both the exterior and the entire interior of the home were freshly painted within the past year, offering a crisp, move-in-ready feel throughout. Brand-new impact windows and doors add further value with improved energy efficiency, security, and storm protection, while mature tropical landscaping enhances the authentic Old Florida Keys charm. Step into your private backyard retreat, where lush greenery creates a serene, secluded atmosphere. Enjoy a relaxing soak in the hot tub under the stars, entertain friends, or simply unwind in your own island oasis. The expansive lot provides ample parking for multiple vehicles, trailers, and boats--perfect for an active Keys lifestyle. With three public boat ramps just minutes away and close proximity to the world-famous Sombrero Beach, enjoying days on the water or in the sand is effortless. Whether you're seeking a personal island getaway, a strong income-producing investment, or a unique property with zoning flexibility this is the place for you!
    237 days
    |
    487
    |
    18
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jo Ann Cook 305-360-7968,

    Ocean Sotheby's International

    Source: FLKMLS,MLS#: 617416MLS LogoOriginating MLS: Marathon/Lower Keys

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Ductless
      Cooling
      • Ceiling Fans(s), Ductless
      Appliances
      • Included: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
      • Laundry: Laundry Room
      Features
      • Built-in Cabinets
      • Flooring: Tile
      • Doors: Impact Rstnce Doors
      • Windows: Drapes/Blinds Incl, Window Treatments, Impact Rstnce Window
      Interior area
      • Total interior livable area: 672 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Open, Trailer Storage, RV Parking Open, Off Street, Guest
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Open Porch/Balcony
      • Exterior features: Storage
      • Fencing: Fenced,Privacy
      • Water view: None
      • Waterfront features: None, Dockage: None
      Lot
      • Size: 7,840 Square Feet
      • Features: Less Than 1/4 Acre
      Details
      • Additional structures: Workshop, Shed(s)
      • Parcel number: 00342790000000
      • Zoning: RM
      • Zoning description: Residential Medium

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Hardi Board Siding, Combo Construction
      • Roof: Shingle
      Condition
      • Year built: 1958

      Utilities & green energy

      • Electric: Elect Separate Meter
      • Sewer: Municipal Sewer, Public Sewer
      • Water: Water Separate Meter
      • Utilities for property: FKAA, Cable Available, Cable Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s), Patrolled Area
      • Subdivision: Tropicana Sub (51.0)
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Marathon

      Financial & listing details

      • Price per square foot: $952/sqft
      • Tax assessed value: $455,564
      • Annual tax amount: $5,038
      • Date on market: 11/21/2025
      • Listing terms: No Seller Finance,Conventional,Cash

        Estimated market value

        $609,700

        $579,000 - $640,000

        $2,902/mo

        Price history

        DateEventPrice
        3/11/2026Price change$639,900-1.4%$952/sqft
        Source: FLKMLS #617416 Report a problem
        11/21/2025Listed for sale$649,000+35.5%$966/sqft
        Source: FLKMLS #617416 Report a problem
        9/30/2025Listing removed$479,000+6.4%$713/sqft
        Source: Key West AOR #602103 Report a problem
        10/6/2022Sold$450,000-6.1%$670/sqft
        Source: Public Record Report a problem
        9/8/2022Pending sale$479,000$713/sqft
        Source: FLKMLS #602103 Report a problem
        8/11/2022Contingent$479,000$713/sqft
        Source: FLKMLS #602103 Report a problem
        8/4/2022Listed for sale$479,000+52.1%$713/sqft
        Source: FLKMLS #602103 Report a problem
        10/22/2020Sold$315,000$469/sqft
        Source: FLKMLS #592572 Report a problem
        9/15/2020Listed for sale$315,000+85.3%$469/sqft
        Source: Coldwell Banker Schmitt Real Estate Co. #592572 Report a problem
        6/8/2015Sold$170,000-8.1%$253/sqft
        Source: Public Record Report a problem
        3/21/2015Listed for sale$184,999$275/sqft
        Source: CENTURY 21 Schwartz Realty #563853 Report a problem
        2/6/2015Pending sale$184,999$275/sqft
        Source: CENTURY 21 Schwartz Realty #563853 Report a problem
        3/27/2014Listed for sale$184,999-38.3%$275/sqft
        Source: CENTURY 21 Schwartz Realty #563853 Report a problem
        4/3/2006Sold$300,000$446/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,053 +0.3%$455,564 +5.5%
        2024$5,039 +1.8%$431,764 +3.1%
        2023$4,951 +18.5%$418,970 +26.8%
        2022$4,177 +40.5%$330,398 +39.4%
        2021$2,973 +52%$237,009 +74.4%
        2020$1,956 $135,922 +2.3%
        2019$1,956 +1.8%$132,867 +1.9%
        2018$1,922 +3.3%$130,390 +2.1%
        2017$1,861 +1.7%$127,709 +2.1%
        2016$1,830 -0.1%$125,083 -11.2%
        2015$1,831 $140,783
        Find assessor info on the county website

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33050

        Getting around

        28 / 100
        Car-Dependent
        54 / 100
        Bikeable

        Nearby schools

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