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Sold for $3,615,000
  • $3,615,000

    715 50th St, Marathon, FL 33050

    6beds
    3,195sqft
    Single Family Residence
    Built in 2023
    0.35 Acres Lot
    $3,696,900 Zestimate®
    $1,131/sqft
    $7,900 Estimated rent

    Home value

    $3,696,900

    $3.29M - $4.18M

    $7,900/mo

    Zestimate® history
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    $7,900/mo

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    $21,666/mo

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    $21,666/mo

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    What's special

    Air-conditioned cabanaMesmerizing dock lightingLuxurious master bedroomThree separate living quartersOutdoor and entertainment areasFire pitPing pong table
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Samuel Davis Williams 305-289-6559,

    Coldwell Banker Schmitt Real Estate Co.

    Bought with:

    outside mls - FKBR

    Outside Of MLS - FKBR

    Source: FLKMLS,MLS#: 610587MLS LogoOriginating MLS: Marathon/Lower Keys

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Dishwasher, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator
    Features
    • Pantry, Built-in Cabinets, Quartz Countertops, Walk-In Closet(s)
    • Doors: Sliding Glass Doors, Impact Rstnce Doors
    • Windows: Impact Rstnce Window, Bahama
    • Furnished: Yes
    Interior area
    • Total interior livable area: 3,195 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, Covered, Off Street, Open, Garage Door Opener, Attached
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Open Porch/Balcony, Deck
    • Exterior features: Sprinkler System
    • Has private pool: Yes
    • Pool features: In Ground, Decked
    • Fencing: Fenced
    • Has view: Yes
    • View description: Bay/Gulf View, Water
    • Has water view: Yes
    • Water view: Bay/Gulf View,Water
    • Waterfront features: Canal Front, Waterfront, Seawall: Concrete, Dock: Concrete
    Lot
    • Size: 0.35 Acres
    • Features: 1/4 - 1/2 Acre
    Details
    • Parcel number: 00327151000100
    • Zoning: RM
    • Zoning description: Residential Medium
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS, Combo Construction, Stucco
    Condition
    • Year built: 2023

    Utilities & green energy

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

    Community & neighborhood

    Community
    • Community features: Community Boat Ramp, Bike Paths, Airport/Runway, Beach
    Location
    • Region: Marathon
    • Subdivision: Vaca Village (49.5)

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Price history

    DateEventPrice
    11/12/2024Sold$3,615,000-3.6%$1,131/sqft
    Source: FLKMLS #610587 Report a problem
    10/2/2024Contingent$3,750,000$1,174/sqft
    Source: Key West AOR #610587 Report a problem
    6/28/2024Listed for sale$3,750,000+87.5%$1,174/sqft
    Source: Key West AOR #610587 Report a problem
    5/27/2022Listing removed--
    Source: FLKMLS #600711 Report a problem
    4/25/2022Listed for sale$1,999,900$626/sqft
    Source: FLKMLS #600711 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,215 +14.6%$2,903,102 +21.8%
    2024$21,997 +187%$2,384,374 +204.8%
    2023$7,663 +34.4%$782,220 +31.6%
    2022$5,704 $594,598

    Find assessor info on the county website

    Neighborhood: 33050

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,696,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,696,900