LOCATION, LOCATION, LOCATION, brings you here. A rare to fine opportunity in Grassy Key. This home sits on a 20,000 sqft, .46-acre lot with lots of shaded trees, beautiful 2/1 original 1160sqft conch bungalow. 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. Become the owner of a historical landmark of the Florida Keys! This home could be rented weekly, monthly, or yearly. Investment opportunity waits you!
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: Other
Interior: Bedroom on Main Level, First Floor Entry, Living/Dining Room
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Exterior Information:
View: None
Exterior: Fence, Security/High Impact Doors, Shed
Parking Information:
Garage Space: 1 space
Attached Garage: No
Parking: Detached, Garage, Unpaved
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Marathon Middle High School, Public District Grades 6-12
Stanley Switlik Elementary School, Public District Grades PK-5
Price Information
Listing Price Info
Price Summary:
List Price: $749,999
Price Per SqFt: $647/SqFt
Tax Information:
Annual Amount: $4,773
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,811
Per Month
Principal & Interest
$3,744
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
$2,315
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.
Elementary School
5
/10
Stanley Switlik Elementary School
3400 Overseas Hwy
Distance between this listing and this school9.92 miles
Public District Grades PK-5
High School
4
/10
Marathon Middle High School
350 Sombrero Beach Rd
Distance between this listing and this school9.19 miles
Public District Grades 6-12
Assigned Schools
5
/10
Stanley Switlik Elementary School
3400 Overseas Hwy
Distance between this listing and this school9.92 miles
Public District Grades PK-5
Nearby Schools
8
/10
Plantation Key School
100 Lake Rd
Distance between this listing and this school29.93 miles
Public District Grades PK-8
Nearby Schools
4
/10
Big Pine Academy
30220 Overseas Hwy
Distance between this listing and this school26.66 miles
Public Charter Grades PK-8
8
/10
Treasure Village Montessori Charter School
86731 Old Hwy
Distance between this listing and this school27.08 miles
Public Charter Grades PK-8
Assigned Schools
4
/10
Marathon Middle High School
350 Sombrero Beach Rd
Distance between this listing and this school9.19 miles
The neighbors living near this home have an average income of $95,000. The majority of Monroe County, FL residents have income between $100k-200k annually. The majority of families are single, no kids. Typical level of education for residents 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 $749,999.
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 are the assigned schools for this property?
The assigned schools for 58704 Overseas Hwy are: Stanley Switlik Elementary School: GreatSchools Rating 5/10Marathon Middle High School: GreatSchools Rating 4/10
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 August 09, 2023 and is currently priced at $749,999.
Over 2 listings were sold over their listed price in April 2024 in Monroe County, FL. In the same period over 14 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in Monroe County, FL increased by 11.4% between March 2024 and April 2024. The median list price of listings available in April 2024 was $1,072,500, while the average time on the real estate market was 65 days.
From Rocket Homes Real Estate and based on county public records data.