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FL 33050
Key Details
Property Type Multi-Family
Sub Type Multi-family
Listing Status Active
Purchase Type For Sale
Square Footage 3,017 sqft
Price per Sqft $596
Subdivision Driftwood Estates (54.0)
MLS Listing ID 615113
Style Multi-Units
Bedrooms 4
Full Baths 4
Construction Status Concrete
HOA Y/N No
Rental Info With Restrictions
Year Built 1950
Annual Tax Amount $14,064
Tax Year 2024
Property Sub-Type Multi-family
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 three 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.
Location
State FL
County Monroe
Area 18 - East Of Holiday Inn Us #1 & Coco Plum
Zoning MU - Mixed Use Commercial Mixed Use
Interior
Heating Wall/Window Unit(s),Ceiling Fans(s)
Cooling Wall/Window Unit(s),Ceiling Fans(s)
Appliance Refrigerator,Microwave,Range
Exterior
Exterior Feature Fencing
Parking Features Open Parking,RV Parking Open,Trailer Storage,Guest Parking
Utilities Available FKAA,Elect Separate Meter,Buyer to Verify,Municipal Sewer
Waterfront Description Oceanfront,Open Water
View Ocean View,Harbor/Marina View,Open Water View
Roof Type Concrete Roof,Other Roof
Private Pool No
Building
Sewer Yes
Construction Status Concrete
Others
SqFt Source Property Data Card
Acceptable Financing Cash,Other Specify,Conventional
Listing Terms Cash,Other Specify,Conventional
Pets Allowed Pets Allowed