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    744 St Gulf St Marathon, FL 33050

    For Sale
    $675,000

    Multi-family - Marathon, FL

    Type:Multi Family
    Property size:
    1,040 SF
    Lot size:
    0.12 Acres
    Days on Market:
    89
    Last Refresh:
    Dec 14 at 6:06 pm

    Property Features for 744 St Gulf St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    RM-1 - Residential Medium - 1
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    2
    APN
    00328160-000000
    Appliances
    Dryer, Microwave
    Size
    1,040 SF
    Lot size
    0.12 Acres

    Building Details

    Year built
    1953
    Building materials
    Concrete
    Architectural style
    Other

    LoKation Real Estate (954) 545-5583 [email protected]

    Listing agent Darren Smith (954) 545-5583 License #3524132

    Listing date Sep 17, 2025

    MLS# 615497 Listing URL

    Copyright © 2025 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Duplex in Marathon, FL

    Located in the heart of Marathon, Florida, this income-producing legal duplex features partial water views. Each side of the duplex offers a 1-bedroom, 1-bath layout. The property is zoned RM-1, Residential Medium. The location provides convenient access to restaurants, shopping, and banks. The property includes a spacious backyard that offers possibilities for outdoor living, a pool, or trailer/RV parking. Demolition and building plans are fully approved, offering the opportunity to build a new house. Buyers have the option to sell one building right and convert the property into a single-family home through redevelopment or renovation. The property is currently vacant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Marathon
    County
    Monroe
    State
    Florida
    Longitude
    -81.0717
    Latitude
    24.7161

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    FAQs

    What type of property is this?
    Duplex - Legal duplex in Marathon, FL with redevelopment potential.
    Where is this duplex located?
    The property is located at 744 St Gulf St Marathon, FL.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Income-producing legal duplex in a prime Marathon location.; - Approved demolition and building plans for a new house.; - Opportunity to sell one building right and convert to a single-family home.
    (954) 545-5583
    Request Owner's contact information
    744 St Gulf St Marathon, FL 33050
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    Marathon, FL 33050
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    744 St Gulf St Marathon, FL 33050
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