Skip To Content

Address Not Published

Marathon, FL 33050
  • $2,200,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 615113
UPDATED: 24 min ago
$2,200,000
  • 4
    BEDS
  • 1.85
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,017
    SQFT
  • $729
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Description

Position yourself at the gateway to one of the most sought after markets in the Keys. This prime multi-family complex offers not just immediate income potential, but long term upside with redevelopment or expansion. Property is in a high demand location with direct access to US-1/Overseas Highway. The property features two sturdy concrete block structures. The first building contains a three-bedroom, two-bathroom residence. The second building is designed as a duplex with two efficiency studio units, each with its own bathroom. This property has four residential property rights. Whether your vision is a multifamily expansion, a mixed use waterfront property, or a strategic land banking, this is a rare chance to own a contiguous property package in Marathon. Additional purchase opportunity to own the adjacent parcel and submerged land rights giving savvy buyers the ability to control and develop a larger footprint. Buy one. Add the rest. Control the block.

Monthly Payment Calculator



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.realtorkeywestfl.com/homes/164064923
Print Image

Address Not Published Marathon, FL 33050

  • Price: $2,200,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 24 min ago
  • MLS #: 615113
4
Beds
4
Baths
0
½ Baths
1.85
Acres
3,017
SQFT
$729
$/SQFT
1950
Built
Neighborhood:
Driftwood Estates (54.0)
County:
Monroe
Area:
18 - East Of Holiday Inn Us #1 & Coco Plum
Property Description
Position yourself at the gateway to one of the most sought after markets in the Keys. This prime multi-family complex offers not just immediate income potential, but long term upside with redevelopment or expansion. Property is in a high demand location with direct access to US-1/Overseas Highway. The property features two sturdy concrete block structures. The first building contains a three-bedroom, two-bathroom residence. The second building is designed as a duplex with two efficiency studio units, each with its own bathroom. This property has four residential property rights. Whether your vision is a multifamily expansion, a mixed use waterfront property, or a strategic land banking, this is a rare chance to own a contiguous property package in Marathon. Additional purchase opportunity to own the adjacent parcel and submerged land rights giving savvy buyers the ability to control and develop a larger footprint. Buy one. Add the rest. Control the block.
Exterior Features

Above Flood Unknown Building Style Ground Level Construction Concrete Dockage None Exterior Features Fencing Land Size 1 Less Than 2 Acres Lot Size 120X670 Pool YN No Roof Concrete RoofOther Roof Side Ocean Style Multi-Units Vehicle Storage Open ParkingRV Parking OpenTrailer StorageGuest Parking Waterfront OceanfrontOpen Water Waterfront YN Yes Waterview Ocean ViewHarbor/Marina ViewOpen Water View

Interior Features

Appliances RefrigeratorMicrowaveRange Cooling Heating Wall/Window Unit(s)Ceiling Fans(s)

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No Control Depth 0 Deed Restrictions Unknown Fee Includes SewerWater Flood Zone AE Listing Board Marathon/Lower Keys Mile Marker 54.00 Min Rental Days 7.00 Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed With Restrictions Sq Ft Source Property Data Card Tax Exemptions Homestead Tax Year 2024 Taxes 14064.08 Terms CashOther SpecifyConventional Title Negotiable Utilities FKAAElect Separate MeterBuyer to VerifyMunicipal Sewer Zoning MU - Mixed Use Commercial Mixed Use

Listing courtesy of Stephany Duvall of Engel & Volkers Marathon: .


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_2_615113-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_2_615113-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_2_615113-2.jpg
Logo
Bascom Grooms Real Estate
1110 Truman Ave
Key West FL, 33040