$2,800,000
Off Market

58234 Overseas Highway

Marathon, FL 33050
7 beds | 7.00 baths | #609161
Type:Purchase
Structure:House
Zone:Residential

Description

Very unique property in the old Keys Style. 5 Building Rights on this 18,000 sq ft Oceanfront parcel on Grassy Key, with Bay Bottom and a boat ramp (shared with adjoining parcel) City of Marathon has approved a Letter of Determination for five (5) building rights (TBR's) upon the property. Property currently contains a Triplex with a 2/2 apt and two 1 bed/1 bath apt; a small studio with 1 bath, and a mobile home with 2 beds/1.5 baths. Seller is in the process of pulling permits to repair Triplex. Current zoning and density should allow for two units to be built on the property. A buyer might choose to demolish the triplex and leave mobile home and studio unit in place...and keep the remaining three (3) TBRs.

  • Interior Details
      • Bathrooms7.00
      • Bedrooms7
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1975
  • Community and Neighborhood Details
      • SubdivisionCrains Sub (58.0)
  • Other
      • MLS #609161

Location

Paul TejeraReal Estate Group