$3,750,000 $20,131 est/mo Sourced by Back At You

715 50th Street Gulf,MARATHON, FL 33050

MARATHON FL, 33050

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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.

Details

MLS#610587
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2023
Days On Site23
Listing Provided ByColdwell Banker Schmitt Real Estate Co. | Samuel Davis Williams

Features

Bed(s)6
Bath(s) 7 Total
SQ Feet3,195
PoolYes
ZoningRM - Residential Medium
Acreage0.35
Water FrontYes
Property ViewOpen Water View, Bay

Market Activity 33050

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.

The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Key Colony Beach Realty, Inc. are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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Listings Checked: 37 minutes ago
StateFL
CountyMonroe
CityMARATHON
Zip Code33050
Area13 7 Mile Bridge to Sombrero Bch Rd E & W
Community NameVaca Village (49.5)
Listing VS Median (in Vaca Village (49.5))
Price:
$3,750,000
low | high
Med:
$3,750,000
50% of Average
SqFt:
3,195
low | high
Med:
3,195
50% of Average
$ / SqFt:
$1,174
low | high
Med:
$1,174
50% of Average
On Site:
23
low | high
Med:
23.000000
100% of Average
Sourced by Back At You
Listing Updated: July 10, 2024 at 7:55:43 AM PDT