NOT LISTED FOR SALE

700 60th Street Gulf Marathon, FL 33050

Estimated Value: $2,892,000 - $3,790,176

6 Beds
5.5 Baths
5,664 Sq Ft
$608/Sq Ft Est. Value

Last Sold April 14, 2025

Last sale price $3,500,000 $618 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $21,477/month

414 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Dock made with concrete
  • Coral Shores High School Rated A
  • Beach
  • Property fronts gulf or ocean

About This Home

As of April 2025

Discover the ultimate waterfront retreat at this expansive 6-bedroom, 5.5-bathroom estate. Spanning over 48,000 sq. ft. of uplands, with an additional acre of owned bay bottom, this property offers unparalleled luxury, charm, and an exceptional development opportunity. With current zoning allowing for up to 5 units per acre, this estate is primed for redevelopment into multiple homes if desired. The existing natural boat basin and roughly 290-foot jetty provide protection and the potential for dockage to serve multiple homes in this scenario.A true aquatic sanctuary, the property offers instant access to the bay's hidden fishing and lobster spots, making it a boater's paradise. The estate's grand entrance and extended driveway are steeped in 'Old Florida' charm, surrounded by lush natural greenery and open spaces.Inside, the home exudes comfort and space, with generously sized rooms perfect for large extended families, corporate retreats, or even a vacation rental. The flexibility of weekly rentals makes this property a rare investment opportunity. Imagine creating a bunk room for kids to enjoy during family vacations or customizing the expansive layout to suit your vision.The kitchen features granite countertops, stainless steel appliances, and an eat-in area, while a separate dining room caters to more formal occasions. The master suite is a tranquil escape, complete with direct access to a private balcony showcasing breathtaking water views. The en-suite bathroom offers a steam shower and jacuzzi tub, providing a spa-like experience at home.Additional amenities include a 2-car garage, a convenient mudroom, a substantial laundry room with a sink, and a wet bar for effortless entertaining.This estate has been lovingly owned by one family and has never been offered for sale. With its blend of 'Old Florida' elegance and extraordinary development potential, this is a once-in-a-lifetime opportunity to own a piece of paradise.

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 01/30/2024

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Greg MacLaren

Internet Realty of the Florida Keys License #608320

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,845

Year Built

  • Built in 1969

Lot Details

  • 2.63 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Privacy Fence
  • Property is zoned RM - Residential Medium

Home Design

  • Metal Roof

Interior Spaces

  • 5,664 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Sliding Doors
  • Storage
  • Laundry Room
  • Gulf Views
  • Complete Accordion Shutters

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 4 Car Attached Garage
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Airstrip
  • Rip-Rap
  • Dock made with concrete
  • Tennis Courts
  • Balcony
  • Patio

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00338300-000000

Community Details

Overview

  • No Home Owners Association
  • Bahia Vista Sub Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,845

Year Built

Built in 1969

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
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 200
  • Dockage Seawall: Rip Rap
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Mid-Town - Gulf (Sombrero to Airport)
  • Mile Marker: 50.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Bike Paths, Airstrip, Beach, Tennis Courts
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 28844.92
  • Vehicle Storage: Garage, Trailer Storage, RV Parking Open, Off Street Parking, Guest Parking, Open Parking, Attached
  • Vehicle Storage Cars: 4+
  • Year Built: 1969
  • Alternate Key Number: 1415766
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 48468.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Accordion, Panel
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 5664.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Storage
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator
  • Floor: Tile, Carpet
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Other
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 6

Exterior Features

  • Dockage: Basin
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence
  • Roof: Metal Roof, Other Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Water Separate Meter, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE-10
  • Parcel Number: 00338300-000000
  • Land Size: 1 Less Than 2 Acres
  • Acres: 2.63

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Apr 10, 2025
Sold by
Eichler Michele Maria and Barbara Musacchia Revocable Inter Vivos
Bought by
Hobson William Scott and Hobson Loetta Darlene
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Greg MacLaren
Internet Realty of the Florida Keys
List Price
$4,750,000
Sold Price
$3,500,000
Premium/Discount to List
-$1,250,000
-26.32%
Views
265
Current Estimated Value
$3,443,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,456
Avg. Annual Appreciation
55.89%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Hobson William Scott $3,500,000 None Listed On Document
Hobson William Scott $3,500,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Musacchia Helen B $677,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $3,500,000 -11.4% $618 / Sq Ft
02/03/2025 02/03/25 Price Changed $3,950,000 -10.2% $697 / Sq Ft
11/26/2024 11/26/24 Price Changed $4,400,000 -7.4% $777 / Sq Ft
07/18/2024 07/18/24 For Sale $4,750,000 +35.7% $839 / Sq Ft
07/15/2024 07/15/24 Off Market $3,500,000 -- --
01/30/2024 01/30/24 For Sale $4,750,000 -- $839 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History Compared to Growth

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 $28,845 $3,576,685 $2,548,624 $1,028,061
2023 $28,845 $3,545,689 $2,548,624 $997,065
2022 $24,658 $2,511,543 $1,497,476 $1,014,067
2021 $12,997 $1,250,938 $0 $0
2020 $12,641 $1,233,667 $0 $0
2019 $12,381 $1,205,931 $0 $0
2018 $11,747 $1,183,446 $0 $0
2017 $11,537 $1,159,105 $0 $0
2016 $11,653 $1,135,265 $0 $0
2015 $11,547 $1,127,373 $0 $0
2014 $11,115 $1,054,807 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Williams

    Seller's Agent in 2025

    Sam Williams

    Coldwell Banker Schmitt Real Estate Co.

    (305) 289-6532

    635 Total Sales

    Sam Williams
    Section Image

  • G

    Buyer's Agent in 2025

    Greg MacLaren

    Internet Realty of the Florida Keys

    (305) 872-8442

    103 Total Sales

    Greg MacLaren
    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 608429

APN: 00338300-000000

Florida Monroe County Marathon 33050

700 60th Street Gulf, Marathon, FL

This home is located at 700 60th Street Gulf, Marathon, FL 33050 since 30 January 2024 and is currently estimated at $3,443,544, approximately $607 per square foot. This property was built in 1969. 700 60th Street Gulf is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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