746 50th Street Gulf, Marathon, FL 33050

$650,000

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

Current Price: $650,000 List Date: 5/04/2026 Last Modified: 5/04/2026

Description

Investor Opportunity in Marathon - Redevelopment Potential with Extra TBR Rare redevelopment opportunity in the heart of Marathon in the Florida Keys. This duplex property sits on a desirable lot and currently features two separate 1-bedroom, 1-bath units. The existing structure offers immediate rental potential or can serve as the foundation for a full redevelopment project. This property is being offered as an investor special and includes permitted plans for a new 4/3.5 residence(2400sqft), providing a clear path for redevelopment. In addition, the sale includes one extra Transferable Building Right (TBR), creating valuable flexibility for future construction or resale. Located in one of the most sought-after areas of the Florida Keys.

More Information MLS# 619749

Contract Information

Listing Board: Florida Keys Current Price: $650,000 Listing Date: 2026-05-04 List Price: $650,000

Location, Tax & Legal

City: MARATHON Mile Marker: 49.5 Marathon Neighborhood: Old Town East (25th to Sombrero) Side: Bay/Gulf Alternate Key #: 00328160-000000 Zoning: RM - Residential Medium Deed Restrictions: No Taxes: 5975.26 Tax Year: 2025 Pub Sewer HkUp: Yes 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

General Property Description

Realtor.COM Type: Multi-family Waterfront: No Control Depth: 0 Lot Size: X Lot SqFt: 5158 Pool: No Acres: 0.11 SqFt Source: Seller Rentals Allowed: No Style: Duplex Year Built: 1953 Living Apx SqFt: 1040 Total Bedrooms: 2 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Investor Opportunity in Marathon - Redevelopment Potential with Extra TBR Rare redevelopment opportunity in the heart of Marathon in the Florida Keys. This duplex property sits on a desirable lot and currently features two separate 1-bedroom, 1-bath units. The existing structure offers immediate rental potential or can serve as the foundation for a full redevelopment project. This property is being offered as an investor special and includes permitted plans for a new 4/3.5 residence(2400sqft), providing a clear path for redevelopment. In addition, the sale includes one extra Transferable Building Right (TBR), creating valuable flexibility for future construction or resale. Located in one of the most sought-after areas of the Florida Keys. Directions: Drive east on US 1/Overseas Highway. Left to 50th St Gulf. Property is on the right.

Association Info

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

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Range: 1 Refrigerator: 1

Pets

Pets Allowed: 1

Cooling

Ductless: 1

Heating

Ductless: 1

Waterfront

None: 1

Waterview

Bay/Gulf View: 1

Building Style

Above Flood: Unknown Other Bldg Style: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Terms

Cash: 1 Conventional: 1

Utilities

Elect Separate Meter: 1 Municipal Sewer: 1 Water Separate Meter: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: Bay/Gulf View Dockage: None Building Style: Other Bldg Style Cooling: Ductless Heating: Ductless Utilities: Elect Separate Meter; Municipal Sewer; Water Separate Meter Appliances: Range; Refrigerator Construction: CBS Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Cash; Conventional

Room Information

Bedroom 1 Level: Main Bedroom 2 Level: Main Living Room Level: Main Living Room Level: Main

Documents

lead based paint ›

Listing Office: Beycome of Florida, LLC

Last Updated: May - 04 - 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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