305-609-4190
735 50 ST Gulf, Marathon, Key West FL 33050
Active Single Family Residence Waterfront

735 50 ST Gulf, Marathon, Key West FL 33050

Key West, FL, 33050

$5,495,000

Est. $27,786/mo (20% down)

5
Beds
5.5
Baths
3,219
Sq Ft
2023
Year Built
Lot Sq Ft
4
Garage

Photo Gallery (75 photos)

About This Property

“Discover Sunset Paradise – a stunning new construction Gulf-front retreat built in 2023 in the heart of Marathon, Florida Keys. This turnkey, fully furnished single-family home offers approximately 3,219 square feet of luxurious living space on a spacious 0.43-acre lot with direct open-water Gulf access. Boasting 5 bedrooms and 4.5 bathrooms (main house plus a separate guest cabana with A/C), this property sleeps up to 12 and is ideal for large families, multi-generational getaways, or premium vacation rentals. Built with durable concrete construction (CBS), it features bright, coastal-inspired interiors with panoramic Gulf views, a gourmet kitchen, and expansive living areas that flow seamlessly to outdoor entertainment spaces. It also includes a 4-car garage. Step outside to your private waterfront oasis: enjoy a beautiful heated pool with jacuzzi (perfect for year-round use, including winter), covered decks, and a massive 74-foot concrete dock ideal for boating, fishing, kayaking, or simply relaxing by the water. Additional highlights include a pergola, fish-cleaning station, bait freezer, and ample room for boat trailer storage. This home is a proven income producer with an active short-term rental license and established bookings through VRBO, Airbnb, and the highly regarded local management company Florida Keys Vacation Rentals. It is sold fully furnished and turnkey – ready for immediate enjoyment or continued rental success.

Property Details

MLS #

A12064822

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

2023

Days on Market

6

Pool

No

Waterfront

Yes

Price / Sq Ft

$1,707

HOA Fee

None

Est. Insurance

$1,832/mo

Tax Year

2025

Tax Amount

Garage

4 Car

Lot Size

MLS Area

Vaca Village (49.5)

Subdivision

Vaca Village (49.5)

Mortgage Calculator

Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$38,465
Est. Monthly Rent
1.9%
Cap Rate
9.7%
Cash-on-Cash
$106,171
Net Operating Income

ROI Projections (4% Annual Appreciation)

157%
5-Year ROI
Value: $6,685,508
337%
10-Year ROI
Value: $8,133,942
545%
15-Year ROI
Value: $9,896,185

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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