88th Street Ocean

    Marathon, FL 33050
    • $619,000
    • STATUS: Active
    • ON SITE: 91 days
    • MLS #: 580179
    UPDATED: 27 min ago
    $619,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Waterfront Duplex Lot with 2 Building Rights. Existing structure would need demo but Built 2 brand new units here without waiting for permits. New construction duplex on this lot located 3rd in from open water would not only provide lowest possible insurance rates and open water views but would be a money maker from a vacation rental stand point. Just imagine a 6bed 4bath duplex with pool on each side, Potential rental income would be about 5k per week and around 35 weeks per year for approximately 175k gross. Duplex lots are very rare in the city of Marathon. It's very rare to get the whole duplex. These are the best money makers from a vacation rental standpoint. Call agent to discuss.

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    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys Board of Realtors, Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jimmy Lane Real Estate Team | Century 21 Schwartz Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
    www.jimmylane.com/homes/83565089

    88th Street Ocean Marathon, FL 33050

    • Price: $619,000
    • Status: Active
    • Updated: 27 min ago
    • MLS #: 580179
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    Neighborhood:
    Gulfstream Shore (Marathon) (52.0)
    County:
    Monroe
    Area:
    16 - Sombrero Bch Rd To Vaca Cut - Oceanside
    Property Description
    Waterfront Duplex Lot with 2 Building Rights. Existing structure would need demo but Built 2 brand new units here without waiting for permits. New construction duplex on this lot located 3rd in from open water would not only provide lowest possible insurance rates and open water views but would be a money maker from a vacation rental stand point. Just imagine a 6bed 4bath duplex with pool on each side, Potential rental income would be about 5k per week and around 35 weeks per year for approximately 175k gross. Duplex lots are very rare in the city of Marathon. It's very rare to get the whole duplex. These are the best money makers from a vacation rental standpoint. Call agent to discuss.
    Exterior Features

    Dockage Dock Concrete Dockage Dock Length 75 Dockage Seawall Concrete Land Size Less Than 1/4 Acre Location Site Paved StreetWater Frontage Lot Dimensions 75' Waterfront X 97' Side Ocean Waterfront Canal Front Waterfront YN Yes Waterview Canal ViewOcean ViewOpen Water View

    Property Features

    Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Marathon Control Depth 4 Deed Restrictions Unknown Existing Utilities Electric On SiteSewerWater LineWater Meter Flood Zone Ae 8 Land Style Lots Listing Board Marathon/Lower Keys Mile Marker 52.00 Mobile Home Lot No Neighborhood Features AirstripCommunity Boat Ramp Potential Short Sale No Potential Short Sale Financial Status No Property Rights Transfer Bldg Rights Rogo With Letter Yes Species List No Tax Exemptions None Tax Year 2017 Taxes 2768.21 Terms Buyer Obtain Finance Title Title Ins - Buyer Total Lots 1.00 Zoning Rm - Residential Medium

    Listing courtesy of Samuel Davis Williams of Coldwell Banker Schmitt Real Estate Co..


    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys Board of Realtors, Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Jimmy Lane Real Estate Team | Century 21 Schwartz Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
     
    Jimmy Lane Real Estate Team | Century 21 Schwartz Realty
    211 Simonton Street
    Key West FL, 33040