$2,850,000
For Sale

00 Overseas Highway

Marathon, FL 33050
Browse 17 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

Have you ever imagined constructing a luxury residence on 4.5 acres of undisturbed land in the fabulous Florida Keys? Here is the rare opportunity you've been looking for. Situated on the oceanside of Marathon, this parcel presents immense opportunity. Zoned Residential Low, construct 1 home on 4.5 acres to enjoy your very own estate-like property. Rest assured that the necessary market rate building right conveys with the land. Gain proper permits and approvals to trim the mangroves; attain stunning oceanfront views from the future constructed home. The City of Marathon allows a maximum home height of 42 feet - future views from a stilted home would be incredible. Imagine, enter through a private gate, venture down a long winding driveway that leads through a gorgeous, natural canopy of vegetation to arrive at your very own estate. Residential low zoning allows for a home up to 6 bedrooms, and immense lot size has room for amenities galore. Construct multiple garages to house luxury vehicles, a pickleball and/or tennis court, putting green, gym, attached guest home, infinity pool, plus lush gardens and landscaping. Enjoy kayaking and paddleboarding or relax among the serene Atlantic views from the future home and observation platform dock. Partner with the owners to build, or select your own construction team. The possibilities are endless. With Marathon's private airport only 3 minutes away, fly in and out with ease. Enjoy a day trip to Key West, Islamorada or take a scenic 2.5 hour drive up to South Florida. If constructing an estate style home on 4.5 acres is something you've been dreaming of, THIS is your prime opportunity.

  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • SubdivisionEdmonds Acre Tracts (50.5)
  • Other
      • MLS #611231

Location

Paul TejeraReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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