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746 50th Street Gulf, Marathon, FL 33050

New Listing
$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

Overview

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.

Listing Details MLS# 619749

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
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

Contract Information

Listing Board
Florida Keys

General Property Description

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

Association Info

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

Building Style

Above Flood
Unknown
Other Bldg Style
Yes

More Information

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.

Fee Includes

None
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

Range
Yes
Refrigerator
Yes

Pets

Pets Allowed
Yes

Cooling

Ductless
Yes

Heating

Ductless
Yes

Waterfront

None
Yes

Waterview

Bay/Gulf View
Yes

Construction

CBS
Yes

Land Size

Less Than 1/4 Acre
Yes

Terms

Cash
Yes
Conventional
Yes

Utilities

Elect Separate Meter
Yes
Municipal Sewer
Yes
Water Separate Meter
Yes

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

Room Name Level
Bedroom 1 Main
Bedroom 2 Main
Living Room Main
Living Room Main
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.