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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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$3,000,000
108 Avenue A
Marathon, FL 33050
MLS# 603399
Status: Closed
3 beds  |  2 baths  |  1456 sqft


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Property Description
Limitless opportunities with this oversized, mixed use commercial property in Coco Plum! The 28,900 sq. ft. lot awards you with ample space to BOTH live and work onsite if you choose. Or pursue passive income by leasing the 2007 3bedroom/2 bath home with a new roof (2018) along with the capability to lease 11 boat slips on a very wide 100 ft. canal. A portion of the bay bottom conveys, so 50 foot vessels can easily be accommodated. Ocean access is almost immediate from this property, ideal for anyone utilizing the deep water slips. An added advantage to having an existing residence on the premise: 1 building right- its value expected to substantially appreciate over the years and in turn, the value of your property! Invest in your future today! Real estate only, no business conveys.

Details
Maps
Contract Information
Current Price: $3,000,000
Listing Date: 2022-12-12
Listing Board: Marathon/Lower Keys
Leased Price Monthly: $3,000,000
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 108
Street Name: Avenue A
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Coco Plum (54.6)
County: Monroe
Area: 18 - East of Holiday Inn US #1 & Coco Plum
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: 185x262
Lot SqFt: 28900
Waterfront: Yes
Control Depth: 5
# Parking Spaces: 10+
Building SqFt: 1456
SqFt Source: Property Data Card
Living Apx SqFt: 1456
Year Built: 2007
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Misc Property Info
Recorded Plat: Yes
Dockage
Dock: Wood
Dock Length: 185
Property Info
# Boat Slips: 11
# Kitchens: 1
# Refrigerators: 1
# Range/Ovens: 1
# Dishwashers: 1
Vehicle Storage
Car(s): 4+
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2023-08-11
Leased Date: 2023-08-21
Leased Price Monthly: $3,000,000
Status: Closed
Property Features
Deed Restrictions: Unknown
Type: Marina; Other Comrcl Style; Other Services
Waterfront: Canal Front
Waterview: Canal View
Dockage: Boat Slip
Vehicle Storage: Common Parking; Guest Parking; Off Street Parking; Trailer Storage
Cooling: Ceiling Fans(s); Central Air
Utilities: FKAA; Municipal Sewer
Interior Features: Cathedral Ceilings
Appliances: Dishwasher; Range; Refrigerator
Miscellaneous: Residence on Premise; Storage; Utility Building; Other Miscellaneous
Construction: Other
Shutters: Panel
Floor: Carpet; Tile
Roof: Metal Roof
Land Size: 1/2 - Less Than 1 AC
Fee Includes: None
Terms: Buyer Obtain Finance
Title: Negotiable
Property Rights: Boat Slip Lease; Multi-Use/Commercial; Tranfrble Bldg Prmt

Listing Office: Engel & Völkers Marathon

Last Updated: September - 10 - 2024

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)