NOT LISTED FOR SALE

746 50th St Unit Gulf Marathon, FL 33050

Estimated Value: $443,000 - $742,000

2 Beds
2 Baths
1,040 Sq Ft
$556/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $454,500 $437 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,482/month

130 Days on Market

Highlights

  • No HOA
  • Coral Shores High School Rated A
  • Balcony

About This Home

As of May 2022

Duplex with one bed and one bath on each side in heart of Marathon. Walking distance to restaurants, shopping, bank, etc.. both sides rented with tenants on month to month. Room in back yard for some outside living space. Prospective Buyers could sell off one Market Rate Right and make the property a single family home either through complete redevelopment or renovation. Interior pictures are of 744 side only.

Last Agent to Sell the Property

554482 554482

Coldwell Banker Schmitt Real Estate Co. Listed on: 11/14/2021

Co-Listed By

Teri Hiller

Coldwell Banker Schmitt Real Estate Co. License #3322619

Last Buyer's Agent

Darren Smith

LoKation Real Estate - Pompano Beach License #3524132

LoKation Real Estate - Pompano Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,012

Year Built

  • Built in 1953

Lot Details

  • 5,158

Parking

  • Off-Street Parking

Home Design

  • 1,040 Sq Ft Home
  • Duplex

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer

Additional Features

  • Balcony
  • 5,158 Sq Ft Lot
  • Ground Level

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00328160-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Vaca Village Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,012

Year Built

Built in 1953

Lot Details

5,158 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: 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: Old Town East (25th to Sombrero)
  • Mile Marker: 49.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4011.53
  • Vehicle Storage: Off Street Parking
  • Year Built: 1953
  • Alternate Key Number: 1402389
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 5158.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1040.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Oven, Refrigerator, Range
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00328160-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2024
Sold by
Tuskegee Key West Llc
Bought by
50Th Street Key West Llc
Current Estimated Value
$577,729

Purchase Details

Listed on
Nov 14, 2021
Closed on
May 19, 2022
Sold by
Greenman Franklin D and Greenman Judith B
Bought by
Tuskegee Key West Llc
Seller's Agent
554482 554482
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Darren Smith
LoKation Real Estate - Pompano Beach
List Price
$479,000
Sold Price
$454,500
Premium/Discount to List
-$24,500
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$388,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1988
Bought by
Greenman Franklin D and Greenman Judy B

Purchase Details

Closed on
May 1, 1981
Bought by
Greenman Franklin D and Greenman Judy B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
50Th Street Key West Llc -- None Listed On Document
Tuskegee Key West Llc $454,500 All Keys Title
Greenman Franklin D $100,000 --
Greenman Franklin D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tuskegee Key West Llc $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $454,500 -5.1% $437 / Sq Ft
11/14/2021 11/14/21 For Sale $479,000 -- $461 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $6,104 $433,137 $252,123 $181,014
2024 $5,810 $429,690 $252,123 $177,567
2023 $5,810 $404,477 $228,448 $176,029
2022 $4,791 $399,694 $239,073 $160,621
2021 $4,312 $268,364 $130,162 $138,202
2020 $4,012 $233,261 $92,973 $140,288
2019 $4,006 $271,311 $128,937 $142,374
2018 $3,797 $266,166 $123,792 $142,374
2017 $3,694 $268,253 $0 $0
2016 $3,264 $152,789 $0 $0
2015 $3,222 $155,723 $0 $0
2014 $3,098 $132,387 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598497

Florida Keys Board of REALTORS®

APN: 00328160-000000

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