NOT LISTED FOR SALE

57538 Bailey St Marathon, FL 33050

Estimated Value: $435,000 - $487,354

2 Beds
1 Bath
874 Sq Ft
$526/Sq Ft Est. Value

Sale Details

Date Sold: December 1, 2025

Last sale price $440,000 $503 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,766 / mo

210 Days on Market

Highlights

  • Spa
  • Deck
  • Stainless Steel Appliances
  • Coral Shores High School Rated A
  • No HOA
  • 1-minute walk to Curry Hammock State Park

About This Home

As of December 2025

Welcome to 57538 Bailey St! This tastefully decorated 2-bedroom home is a gem. The modern kitchen features stainless steel appliances, including a dishwasher, microwave, and range. Upstairs, enjoy the convenience of central A/C and an in-unit washer/dryer. The downstairs area is a tropical oasis, complete with a fenced yard, tiki hut, hot tub, and cozy sitting area--perfect for entertaining. Nestled just a short drive from Marathon's vibrant offerings: Shopping, aquatic adventures, and dining options. To explore this inviting property in person, call today!

Last Agent to Sell the Property

Kenneth Herzbrun

Formula Realty License #SL3291949 Listed on: 04/04/2025

Formula Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,582

Year Built

  • Built in 1981

Lot Details

  • 3,000 Sq Ft Lot
  • Fenced

Home Design

  • Half Duplex

Interior Spaces

  • 874 Sq Ft Home
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Spa
  • Deck
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00360420-000000

Community Details

Overview

  • No Home Owners Association
  • Grassy Key Subdivision
  • Rental Restrictions

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,582

Year Built

Built in 1981

Lot Details

3,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Grassy Key
  • Mile Marker: 58.90
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3582.11
  • Title: Negotiable
  • Vehicle Storage: Open Parking, Off Street Parking
  • Year Built: 1981
  • Alternate Key Number: 1442500
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air
  • Lot Sq Ft: 3000.00
  • Porch Balcony: Deck
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 874.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Other
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Other
  • Exterior Features: Chickee Hut, Hot Tub, Fencing
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Cable Available, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00360420-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
Nov 26, 2025
Sold by
Bought by
Seller's Agent
Kenneth Herzbrun
Formula Realty
Buyer's Agent
Creative Technology
List Price
$529,000
Sold Price
$440,000
Premium/Discount to List
-$89,000
-16.82%
Views
119
Current Estimated Value
$459,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,339
Avg. Annual Appreciation
7.43%
Original Mortgage
$396,000
Outstanding Balance
$395,235
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$64,104

Purchase Details

Listed on
Oct 3, 2018
Closed on
Aug 6, 2019
Sold by
Bought by
Seller's Agent
Lea Ruesch
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Creative Technology
List Price
$269,000
Sold Price
$220,000
Premium/Discount to List
-$49,000
-18.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%
Original Mortgage
$249,217
Interest Rate
3.73%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2018
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 2018
Sold by
Bought by

Purchase Details

Closed on
May 23, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1980
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$440,000 Cnergy Title And Escrow Llc
$220,000 Buyers Title Inc
-- --
-- --
$290,000 Crest Title Company
$6,700 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $396,000
Previous Owner $249,217
Previous Owner $232,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2025 12/01/25 Sold $440,000 -4.1% $503 / Sq Ft
09/30/2025 09/30/25 Price Changed $459,000 -3.4% $525 / Sq Ft
06/28/2025 06/28/25 Price Changed $475,000 -4.8% $543 / Sq Ft
04/25/2025 04/25/25 Price Changed $499,000 -5.7% $571 / Sq Ft
04/04/2025 04/04/25 For Sale $529,000 0.0% $605 / Sq Ft
07/01/2024 07/01/24 Rented $3,500 0.0% --
05/07/2024 05/07/24 For Rent $3,500 0.0% --
08/07/2019 08/07/19 Sold $220,000 -18.2% $252 / Sq Ft View Prior Sale
06/13/2019 06/13/19 Pending -- -- --
10/03/2018 10/03/18 For Sale $269,000 -- $308 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,582 $307,099 $167,895 $139,204
2024 $3,479 $284,866 $147,600 $137,266
2023 $3,479 $307,035 $177,120 $129,915
2022 $3,203 $249,995 $130,073 $119,922
2021 $2,984 $196,409 $92,250 $104,159
2020 $2,839 $185,247 $83,025 $102,222
2019 $2,886 $190,334 $77,490 $112,844
2018 $2,611 $169,171 $71,955 $97,216
2017 $2,494 $157,179 $0 $0
2016 $1,583 $99,566 $0 $0
2015 $1,594 $98,874 $0 $0
2014 $1,601 $98,089 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kenneth Herzbrun

    Formula Realty

    Section Image

  • o

    Buyer's Agent in 2025

    outside of mls

    Outside Of MLS

  • Lea Ruesch

    Seller's Agent in 2019

    Lea Ruesch

    Coldwell Banker Schmitt Real Estate Co.

    (305) 393-1843

    8 Total Sales

    Lea Ruesch
    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 614505

APN: 00360420-000000

Florida Monroe County Marathon 33050

57538 Bailey St, Marathon, FL

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