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Anchor Line Realty

Anchor Line Realty specializes in buyer brokerage, real estate sales listings, and long term property management in Key West & the Florida Keys.

Call: (305) 766-6835

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$4,800,000
1 47Th Street Gulf
Marathon, FL 33050
MLS# 600263
Status: Closed
3 beds  |  4 baths


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Property Description
Unique Gulf side waterfront, income producing property, consisting of a custom built ''Keys style'' single family home, 900 ft pier, bay bottom,13 boat slips, 4 RV lots, 2 fixed mobile home lots with long term tenants in place. Main residence would make great vacation rental. 9%+ cap rate on entire leased property. New 15,000 lb boat lift. Tiki. Roof 2016.

Details
Maps
Contract Information
Current Price: $4,800,000
Listing Date: 2022-03-23
Listing Board: Marathon/Lower Keys
Leased Price Monthly: $4,800,000
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 1
Street Name: 47Th Street Gulf
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Thompson & Adams Sub (49.5)
County: Monroe
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: 1.63 acres
Lot SqFt: 50080
Waterfront: Yes
Control Depth: 5
Business Name: Hurricane Harbor
Year Established: 1990-01-01
# Stories: 2
Total # Buildings: 1
Building SqFt: 3734
SqFt Source: Property Data Card
Year Built: 1990
Total Bedrooms: 3
Full Baths: 4
Total Baths: 4
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of County License: 1
Dockage
Dock: Concrete
Seawall: Concrete
Property Info
# Boat Slips: 13
# Kitchens: 3
# Refrigerators: 3
# Range/Ovens: 3
# Washers: 1
# Dryers: 1
# Dishwashers: 1
1 Bed/Bath: 1
3 Bed/Bath: 1
Auction Info
Auction: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2022-06-01
Leased Date: 2022-09-06
Leased Price Monthly: $4,800,000
Status: Closed
Property Features
Deed Restrictions: No
Type: Marina; Other Comrcl Style
Waterfront: Bay Front; Canal Front; Gulf Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Dockage: Boat Lift; Boat Slip; Other Dockage
Vehicle Storage: Common Parking; Guest Parking
Cooling: Ceiling Fans(s); Central Air; Heat; Wall/Window Unit(s)
Utilities: FKAA; Municipal Sewer; Separate Meters
Interior Features: Cathedral Ceilings; Drapes/Blinds Incl; Laundry Room; Pantry; Whirlpool Bath Tub
Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer
Miscellaneous: Chickee Hut; Handicap Access; Open Water View; Patio; Residence on Premise; Storage; Utility Building
Construction: CBS; Manufactured
Electric: 220 Volt; Circuit Breakers; Other Electric
Shutters: Accordion; Panel
Floor: Tile; Wood
Roof: Metal Roof
Land Size: 1/2 - Less Than 1 AC
Fee Includes: None
Terms: No Seller Finance
Title: Negotiable
Tenant Paid: Electric; Tnt Pays No Utils

Listing Office: Florida Keys Real Estate Group

Last Updated: August - 31 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.


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David Austin, Owner/Broker
Anchor Line Realty, LLC
820 Ashe Street
Key West, FL 33040
www.anchorlinerealty.com
[email protected]
305.766.6835
Member, National Association of Realtors (NAR)
Member, Florida Association of Realtors (FAR)
Member, Key West Association of Realtors (KWAR)