$1,589,000

50 7th St Key Largo, FL 33037

Estimated payment $9,189/month

Total Views 1,443
3 Beds
3 Baths
1,605 Sq Ft
$990 Price per Sq Ft

Highlights

  • Beach
  • Tennis Courts
  • Furnished
  • Coral Shores High School Rated A
  • Home fronts a canal
  • No HOA

About This Home

Experience Florida Keys living at its finest in this beautifully remodeled and redesigned home, theManatee Bungalow. Sold turn-key this property offers a proven rental history with bookings in place, making it the perfect option for a vacation rental or retirement home in paradise. This spacious and modern home features tile throughout, a custom kitchen with a large center island, a dining area, and a cozy living room. With three bedrooms, including two ensuite bathrooms, this home is perfect for families or groups of friends. The home is fully updated with impact-resistant windows and doors, plumbing, electrical, central AC system, as well as Mitsubishi mini splits in each bedroom for ultimate comfort. After a day of fun in the sun, step outside to your own personal tiki hut and enjoy a refreshing drink while taking in the tranquil scenery. This property also offers ample space for a pool. New pavers throughout the yard, white maintenance free aluminum fence, and an irrigation system for the lush lawn. Boat enthusiasts will love the two boat slips, each accommodating boats up to 50 feet in length, with one currently featuring a 12,000-pound lift. Enjoy the open-water views of the 200-ft wide canal with deep-water access, ideally located for exploring the open ocean and the Gulf. If you're an avid golfer, tennis player, or enjoy outdoor sports, you'll have access to a variety of activities right across the street, including golf, tennis, pickleball, basketball, and playgrounds. Don't miss the chance to experience island living at its finest at Manatee Bungalow.

Listing Agent

Frank Griffiths

Lokation Real Estate License #SL 3339550 Listed on: 11/07/2025

Lokation Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,873

Year Built

  • Built in 1959

Lot Details

  • 6,250 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R-1B - Key Colony Single Family

Interior Spaces

  • 1,605 Sq Ft Home
  • Furnished
  • Tile Flooring
  • Canal Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Tennis Courts

Utilities

  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00078090-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch Yacht Subdivision

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,873

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 9872.70
  • Title: Negotiable
  • Vehicle Storage: Garage, Covered Parking, Off Street Parking, Guest Parking, Attached
  • Vehicle Storage Cars: 3
  • Year Built: 1959
  • Alternate Key Number: 1083810
  • Lot Sq Ft: 6250.00
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1605.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front, Open Water
  • Waterfront: Yes
  • Construction: CBS, Combo Construction
  • Waterview: Canal View, Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Elect Separate Meter, Water Separate Meter, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00078090-000000
  • Land Size: More than 1 Lot
  • Acres: 0.05

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,564 $1,001,055 $656,255 $344,800
2023 $9,564 $992,251 $656,255 $335,996
2022 $8,572 $868,983 $506,255 $362,728
2021 $7,935 $746,171 $437,505 $308,666
2020 $6,755 $748,393 $437,505 $310,888
2019 $5,732 $545,109 $384,755 $160,354
2018 $5,321 $523,825 $370,505 $153,320
2017 $5,311 $603,632 $0 $0
2016 $4,726 $452,010 $0 $0
2015 $3,142 $325,026 $0 $0
2014 $3,192 $322,446 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2025 11/07/25 For Sale $1,589,000 +86.3% $990 / Sq Ft
03/27/2020 03/27/20 Sold $853,000 -5.2% $531 / Sq Ft View Prior Sale
01/08/2020 01/08/20 For Sale $899,900 -- $561 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $853,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Deed -- --
Warranty Deed $182,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $765,500 Purchase Money Mortgage
Source: Public Records

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 617225

APN: 00078090-000000