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  • MLS#: 615113 ( Multi-Family )
  • Street Address: Address Not Provided
  • Viewed: 22
  • Price: $2,200,000
  • Price sqft: $729
  • Waterfront: Yes
  • Waterfront Type: Oceanfront,Open Water
  • Year Built: 1950
  • Bldg sqft: 3017
  • Bedrooms: 4
  • Total Baths: 4
  • Full Baths: 4
  • Days On Market: 222
  • Additional Information
  • County: MONROE
  • City:
  • Zipcode: 33050
  • Subdivision: Driftwood Estates (54.0)
  • Provided by: Engel & Volkers Marathon
  • Contact: Stephany Duvall
  • (305) 587-3663
  • Florida Keys Board of REALTORS
  • DMCA Notice
  • 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 upland area is 39,500 sq. ft. lot, plus 0.46 acres of sensitive area 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 four 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.
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Features
Building and Construction
  • Construction: Concrete
  • Exterior Features: Fencing
  • Roof: Concrete Roof, Other Roof
  • Sqft Source: Property Data Card
  • Total Number Of Units: 2.00
Property Information
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage: Open Parking, RV Parking Open, Trailer Storage, Guest Parking
Eco-Communities
  • Water View: Ocean View, Harbor/Marina View, Open Water View
Utilities
  • Cooling: Wall/Window Unit(s), Ceiling Fans(s)
  • Pets: Pets Allowed
  • Pub Sewer Hkup: Yes
  • Utilities: FKAA, Elect Separate Meter, Buyer to Verify, Municipal Sewer
Finance and Tax Information
  • Association Info Association Fee: 0.00
  • Fee Includes: Sewer, Water
  • Tax Year: 2024
Rental Information
  • Min Rental Days: 7.00
  • Rentals Allowed: With Restrictions
Other Features
  • Appliances: Refrigerator, Microwave, Range
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Deed Restrictions: Unknown
  • Dockage: None
  • Flood Zone: AE
  • Legal Description: LOT 2 DRIFTWOOD ESTATES PB2-132 FAT DEER KEY OR527-841 OR886-957 OR1068-1148 OR1159-280 OR1159-1004 OR1273-115 OR1599-1
  • Limitd Reprsntation: No
  • Mile Marker: 54.00
  • Parcel Num: 00362660-000000
  • Side: Ocean
  • Style: Multi-Units
  • Views: 22
  • Zoning: MU - Mixed Use Commercial Mixed Use
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