746 50Th Street Gulf, Marathon, FL 33050

$639,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,040 Lot Size (sq. ft.): 5,158 Status: Active

Current Price: $639,000 List Date: 6/16/2026 Last Modified: 7/14/2026

Overview

Description

INCOME PRODUCING! Unlock the potential of this rare Marathon property located in the desirable Vaca Village neighborhood. Situated on a 5,158-square-foot lot, this duplex currently features two separate 1-bedroom, 1-bath residences, providing immediate income-producing potential while offering outstanding future upside. Whether you're seeking rental income, a redevelopment project, or the opportunity to build a custom Keys residence, this property offers exceptional flexibility and value. Conveniently located near Marathon's restaurants, marinas, shopping, and world-class boating and fishing, this is a unique chance to invest in one of the most sought-after destinations in the Florida Keys.

Listing Details MLS# 620289

Location, Tax & Legal

Street #: 746
Street Name: 50Th Street Gulf
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Vaca Village (49.5)
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
City: MARATHON
Off Shore Island: No
Mile Marker: 49.5
Marathon Neighborhood: Old Town East (25th to Sombrero)
Senior Community YN: No
Side: Bay/Gulf
Flood Zone: AE
Alternate Key #: 1402389
Parcel #: 00328160-000000
Zoning: RM - Residential Medium
Deed Restrictions: No
Legal: BK 2 LT 12 VACA VILLAGE PB2-106 A RESUB OF LOTS 7-8 OF THOMPSON & ADAMS SUB IN SEC 10 TWP 66S R 32E KEY VACA PB2-24 G45-
Taxes: 5975.26
Tax Year: 2025
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Key West Association
As is Rght to Inspct: Yes

General Property Description

Realtor.COM Type: Multi-family
Style: Duplex
Waterfront: No
Pool: No
Year Built: 1953
Total Units: 2
Lot SqFt: 5158
Lot Sqft Source: Tax Records
Acres: 0.12
Living Apx SqFt: 1040
SqFt Source: Tax Records
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Rentals Allowed: Yes
Min Rental Days: 7
Control Depth: 0

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0

Building Style

Above Flood: No

More Information

Pets

Pets w/Restrictions: NO

Remarks & Misc

Remarks – Consumer: INCOME PRODUCING! Unlock the potential of this rare Marathon property located in the desirable Vaca Village neighborhood. Situated on a 5,158-square-foot lot, this duplex currently features two separate 1-bedroom, 1-bath residences, providing immediate income-producing potential while offering outstanding future upside. Whether you're seeking rental income, a redevelopment project, or the opportunity to build a custom Keys residence, this property offers exceptional flexibility and value. Conveniently located near Marathon's restaurants, marinas, shopping, and world-class boating and fishing, this is a unique chance to invest in one of the most sought-after destinations in the Florida Keys.
Directions: In Marathon turn on to 50th St. Gulf side. Home is halfway down on the right.

Fee Includes

None: Yes

Tax Exemptions

None: Yes

Appliances

Refrigerator: Yes

Cooling

Ceiling Fans(s): Yes
Wall/Window Unit(s): Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Floor

Tile: Yes

Construction

Combo Construction: Yes

Land Size

Less Than 1/4 Acre: Yes

Utilities

Buyer to Verify: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Buyer to Verify Appliances: Refrigerator Construction: Combo Construction Floor: Tile Land Size: Less Than 1/4 Acre

Room Information

Room Name	Level
Bedroom 1	Main
Bedroom 2	Main

Listing Office: EXIT Realty Paradise

Last Updated: July - 14 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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