tomo logo

$719,000

Beds
2
Baths
1.0
sq ft
1,160

58704 Overseas Hwy, Marathon, FL 33050

58704 Overseas Hwy

Marathon, FL 33050

  • 15 days on market
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.

Details

Property type

Single Family Residence

Est. home value

$683,821

Lot size

0.46 acres

Price per sq ft

$620

Year built

1948

Annual property taxes

$4,443

Price History

11/08/2024
SEF

SEF #A11690904

Listed
$719,000
+5.89%
11/02/2024
SEF

SEF #A11431930

Removed
$679,000
10/07/2024
SEF

SEF #A11431930

Price change
$679,000
-2.86%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$204,000
Asking price
$719,000
Closing costs (~8% of asking)
-$57,520
Est. remaining loan balance
-$457,480
Cash to seller
$204,000

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Emm Loans Llc

Loan start date

November 2021

Original loan amount

$489,000

Est. remaining balance

$457,480

Interest rate

3.01%

Loan type

VA, 30 year

Seller

Daniel Wolf and Beata Geraldina Wolf

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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StellarMLS
$749,000
2 bd
|
1 ba
|
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1516 Harbor Dr, Marathon, FL 33050

Status: Active

Tomo last checked: 11/24/2024 at 4:50 PM

Listing updated: 11/09/2024 at 5:05 PM

Listed by: Jose Vigo, RE/MAX All Keys Real Estate Phone #: (305) 451-0060

MLS: SEF #A11690904

SEF logo

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