FL 33050
FL 33050
FL 33050
FL 33050
FL 33050
FL 33050
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$ 1,800,000
Est. payment | /mo

4 Beds

4 Baths

3,017 SqFt


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$ 1,800,000
Est. payment | /mo
Save

4 Beds

4 Baths

3,017 SqFt

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

Listed by Engel & Volkers Marathon

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