For saleVirtual tour

$5,495,000

5 beds3,219 sq ft

735 50 St Gulf, MarathonKey West, FL 33050

Homes, condos and townhomes · MLS 11922392 · Listed 87 days ago (Aug 4, 2026)

Ocean or gulf · Canal · Direct parcel frontage · Waterfront details

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For sale: Listed and available according to the MyStateMLS feed.

About this property

!!!NEW CONSTRUCTION IN MARATHON!!! This beautiful property is brand new and tastefully furnished. "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.

Description provided by the listing brokerage.

MLS-reported waterfront

Waterfront details

The listing represents the offered parcel itself as adjoining the water. This is what the listing reports, not a survey or a title finding.

Relationship to the water
Direct parcel frontage
Water type
Ocean or gulf, Canal
Water body
Not provided. Ask the listing agent.
Frontage length
Not provided. Ask the listing agent.
Water access arrangement
Not provided. Ask the listing agent.
Docks, slips, lifts, moorings
Not provided. Ask the listing agent.
Dock depth
Not provided. Ask the listing agent.
Shoreline
Not provided. Ask the listing agent.
Seasonal or tidal conditions
Not provided. Ask the listing agent.
Boating limits (bridges, depth, open-water access)
Not provided. Ask the listing agent.
Why this is listed as waterfront
  • WaterfrontYN “Yes”: The listing is marked waterfront.
  • WaterfrontFeatures “Ocean Front, Canal Front”: Includes a "… Front" value describing frontage.
  • PropertyTypeDetail “house”: Property form used to read the frontage relationship.

Classified from fields in the MyStateMLS listing data. It has not been independently verified, and it is not a survey, title examination or legal determination of shoreline or access rights. Rules version 2026-10-29.1. How we classify waterfront

Something wrong with this classification? Report a waterfront classification issue. Questions about frontage, docks or access are best answered by Florida Realty of Miami Corp.

Facts

List price
$5,495,000
Status
For sale
Property type
House
Bedrooms
5
Full baths
5
Half baths
1
Interior area
3,219 sq ft
Year built
2023
Garage spaces
4
County
Monroe County
MLS number
11922392

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.

Features

Interior

  • Walk-In Closet(s)

Appliances

  • Washer
  • Range
  • Microwave
  • Water Heater
  • Refrigerator
  • Dryer
  • Disposal
  • Dishwasher

Flooring

  • Tile

Heating

  • Other
  • Electric

Roof

  • Metal

Water

  • Public (Water Source)

Sewer

  • Other

Virtual tours

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Key West.

Price and status history

    Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.

    Estimate a monthly payment

    $1,099,000
    Illustrative. Replace with a quote from your lender.
    Estimate. Check the county assessor for the actual amount.
    Get a quote; rates vary widely by location.
    Manufactured homes on a leased lot.
    Applied only while the loan is over 80% of the price. Illustrative.

    Estimated monthly payment

    $33,969 per month

    Principal and interest$27,786
    Property tax$4,579
    Homeowners insurance$1,604
    Loan amount$4,396,000
    Total interest over the term$5,606,856

    An estimate for comparison only, not a loan offer or approval. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.

    Questions to ask before you buy

    Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.

    1. Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
    2. Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
    3. What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
    4. How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
    5. What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
    6. What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
    7. How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
    8. How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
    9. What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.

    Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)

    Guides and next steps

    Listing courtesy of Florida Realty of Miami Corp. Listings provided by MyStateMLS.

    Listing last updated by the brokerage Oct 27, 2026, 11:50 AM UTC. Waterfront Homes last received MyStateMLS data Oct 30, 2026, 4:31 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.