58234 Overseas Highway
Marathon, FL 33050
7 beds | 7.00 baths | #612603
Description
Unique 18,000 sq ft ocean front parcel with 5 units. Remember how the Key used to be? Parcel shares a boat ramp with adjacent parcel, owned bay bottom and 5 units recognized by the City of Marathon. The property contains a Triplex consisting of a 2/2 apt and two 1/1 apartments: a small cottage studio with 1 bath and a mobile home with 2 beds/1.5 baths. Triplex building sits directly on the Ocean and is currently undergoing spalling repairs. The property has been a vacation rental, but the vacation rental license is currently stopped while repairs are under way. Potential buyers have several options. The current density on RM zoning allows for two units should a prospective buyer wish to demolish the existing units, rebuild two units, and sell or retain the remaining 3 Transferable Building Rights. Letter of Determination is under the Documents Tab.
Property Details
- SubdivisionCrains Sub (58.0)
- Property TypePurchase
- Cost1950000
- MLS #612603
- MLS #612603
- Bathrooms7.00
- Year Built1975
- Bedrooms7
- Property SubtypeA
Location
Legal
Notice: This listing provided courtesy of Florida Keys MLS (FLKEYSMLS). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.
Last Updated: . Source: FLKEYSMLS
Listing Courtesy
Listing Agent: Joshua James Mothner (#659317), Phone: (305) 942-9519, Email: josh@soldinthekeys.com
Listing Office: Coldwell Banker Schmitt Real Estate Co. (#2230)
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