$2,700,000
Marathon, FL 33050
MLS# 600053
Status: Closed
8 beds | 6 baths | 3498 sqft
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Property Description
Development opportunity. Seller Financing Offered. Min 35% down. Seller will hold up to 5 years at 5%. 4 TBR's ( Transferable Building Rights ) convey with property, Point lot on 12th st Gulf Side, Endless unobstructed views, Approx 305 ft of seawall. Can also rent all 4 units as is, potentially about 10k per month in rent here enough to service the principal and interest payment. Could be Waterfront employee compound, 4 air bb's, etc, Weekly rentals are allowed, No HOA!
Details
Maps
Contract Information
Current Price: $2,700,000
Listing Date: 2022-03-09
Listing Board: Marathon/Lower Keys
Leased Price Monthly: $2,700,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 610
Street Name: 12Th
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Halls Sub (48.0)
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
General Property Description
Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: Yes
Control Depth: 4
Pool: Yes
Year Built: 1976
Total Units: 4
Lot SqFt: 25894
Acres: 0.36
Living Apx SqFt: 3498
SqFt Source: Property Data Card
Total Bedrooms: 8
Full Baths: 6
Total Baths: 6
Rentals Allowed: Yes
Min Rental Days: 7
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock Length: 265
Dock: Concrete
Seawall: Concrete
Building Style
Above Flood: No
Vehicle Storage
Car(s): 4+
Financial Status
Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Status Change Info
Under Contract Date: 2022-07-11
Leased Date: 2022-09-16
Leased Price Monthly: $2,700,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Bay Front; Gulf Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Building Style: Single Wide
Vehicle Storage: Guest Parking; Off Street Parking; Open Parking; Trailer Storage
Cooling: Ceiling Fans(s)
Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Appliances: Oven; Range; Refrigerator
Exterior Features: Chickee Hut; Fencing
Pool Info: In Ground
Construction: Manufactured
Roof: Other Roof
Pets: Pets Allowed
Land Size: 1/4 - 1/2 Acre
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: September - 01 - 2024
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