LOCATION! A rare to fine opportunity in Grassy Key. This home sits on a 20,000 sq ft, .46-acre lot with lots of shaded trees, beautiful 2/1 original 1160 sq ft conch bungalow, with room to grow. Once back in the days this building housed the famous 'Hidey Hole' Bar & Grill. It was converted and renovated into a comfortable home with high ceilings in the living and dining area, a jacuzzi tub, impact windows, metal roof, lots of storage, freshly painted. Plenty of room for expansion, such as a pool, tiki, accessory structure and more! Conveniently nearby, shopping, restaurants, boat ramps, fishing, snorkeling, diving and more. This home has a transient license and can be rented weekly, monthly, or yearly. Investment opportunity waits for you! Don't miss out.
Property Details
Property Features
Property Information:
Architectural Style: One Story
Year Built: 1948
Stories: 1
Living Area: 1,160 SqFt
Listing Office:
Office Name: RE/MAX All Keys Real Estate
Office Phone: (305) 451-0060
Listing Agent: Jose Vigo
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Flooring Type: Laminate
Interior: Bedroom on Main Level, First Floor Entry, Living/Dining Room
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,656
Per Month
Principal & Interest
$3,589
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,222
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Stanley Switlik Elementary School
3400 Overseas Hwy
Distance between this listing and this school9.87 miles
Public District Grades PK-5
5
/10
Big Pine Academy
30220 Overseas Hwy
Distance between this listing and this school26.73 miles
Public Charter Grades PK-5
Nearby Schools
8
/10
Treasure Village Montessori Charter School
86731 Overseas Hwy
Distance between this listing and this school27.09 miles
Public Charter Grades PK-8
7
/10
Plantation Key School
100 Lake Rd
Distance between this listing and this school29.97 miles
Public District Grades PK-8
Nearby Schools
4
/10
Marathon Middle High School
350 Sombrero Beach Rd
Distance between this listing and this school9.16 miles
The neighbors living near this home have an average income of $95,000. Typical income of Marathon, FL residents is between $100k-200k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 58704 Overseas Hwy
What is the listing price of this property?
The listing price of 58704 Overseas Hwy property is $719,000.
What type of property is this?
The property 58704 Overseas Hwy is a house located in Marathon, Florida, 33050.
Is this property for sale now?
Active Listing: 58704 Overseas Hwy is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,773 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 58704 Overseas Hwy has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 58704 Overseas Hwy is 1,160 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 58704 Overseas Hwy is 1948.
This home is located at 58704 Overseas Hwy in Marathon, FL and zip code 33050. This 1,160 square foot home was built in 1948. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $719,000.
While more than 0 listings in Marathon, FL in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. Between October 2024 and November 2024, Marathon, FL real estate market has seen increase in the number of listings by 15.2%. In November 2024, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $1,775,000.
From Rocket Homes Real Estate and based on county public records data.