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488 88th Street Ocean

Marathon, FL 33050

6 bd 4 ba 2,465 sqft Built 1973 Lot 7,275 sqft single_family
Most recent sale
$1,150,000
Jun 21, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 24, 2026 Listing removed $2,390,000 Marathon
Jul 15, 2025 Sold $1,985,000 FloridaKeys
May 5, 2025 Price changed $2,149,000 BeachesMLS
Apr 16, 2025 Price changed $2,199,000 BeachesMLS
Mar 14, 2025 Listed $2,250,000 BeachesMLS
Feb 24, 2025 Listed $2,250,000 FloridaKeys
Sep 1, 2024 Listing removed $749,000 Marathon
Jul 14, 2023 Sold $2,100,000 Marathon
Sep 26, 2022 Listed $2,455,000 MLS #A11277853
Jul 22, 2022 Price changed $2,455,000 MLS #600703
Jun 15, 2022 Price changed $2,550,000 MLS #600703
Jun 5, 2022 Price changed $2,699,000 MLS #600703
Apr 24, 2022 Listed $2,799,000 MLS #600703
Jun 21, 2021 Sold $1,150,000 MLS #595704
Jul 16, 2020 Listing removed $749,000 FloridaKeys
Sep 30, 2003 Listing removed $749,000 FloridaKeys
Mar 24, 2003 Listed $749,000 MLS #515801

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $874,753 $768,022 $1,642,775 $14,571
2023 $1,201,496 $12,413
2022 $503,718 $609,063 $1,112,781 $11,015
2021 $282,997 $2,920
2020 $279,090 $2,558
2019 $227,832 $2,055
2018 $270,569 $2,405
2017 $265,004 $2,350
2016 $259,554 $2,365
2015 $257,750 $2,360
2014 $255,704 $2,661
2013 $251,925 $2,642
2012 $247,714 $2,578
2011 $240,499 $2,486
2010 $236,945 $2,499
2009 $230,716 $2,264
2008 $230,486 $1,889
2007 $223,773 $1,878

Property facts

Year built
1973
Property type
single_family
Stories
2
Beds
6
Baths
4
Living area
2,465 sqft
Lot size
7,275 sqft
ZIP code
33050
City
Marathon
Street
88th Street Ocean
Coordinates
24.72256, -81.05223

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,560
Gross rental yield
4.76%
Implied cap rate
3.09%
Trend-extrapolated value

Frequently asked questions

When did 488 88th Street Ocean last sell?
488 88th Street Ocean most recently sold on Jun 21, 2021 for $1,150,000.
What is the current tax assessment for 488 88th Street Ocean?
The most recent total assessment for 488 88th Street Ocean (year 2025) is $1,642,775 with $14,571 in property tax.
How does 488 88th Street Ocean's assessment compare to its last sale price?
The current assessment is 42.9% above the last sale price of $1,150,000.
When was 488 88th Street Ocean built?
488 88th Street Ocean was built in 1973.
How does 488 88th Street Ocean compare to others on 88th Street Ocean?
We track 3 other properties on 88th Street Ocean. Browse the list under "Other properties on 88th Street Ocean" to compare beds, baths, and sale history.
What are the property facts for 488 88th Street Ocean?
488 88th Street Ocean is a 6 bed, 4 bath, 2,465 sqft, 7,275 sqft lot single_family.
Is 488 88th Street Ocean a flip candidate?
No — 488 88th Street Ocean does not appear in our flips dataset.
Is 488 88th Street Ocean a tax-appeal candidate?
No — 488 88th Street Ocean is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.1%
Implied 1-yr
-16.5%
2026 Q3
$819.1K
2026 Q4
$772.9K
ZIP 33050 — Median Price History + Forecast

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