Agent Comments
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 is 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.
Amenities
- Refrigerator
- Microwave
- Range
Interior Features
- Cool System: Wall/Window Unit(s), Ceiling Fans(s)
Exterior Features
- Parking: Open Parking, RV Parking Open, Trailer Storage, Guest Parking
- Roof: Concrete Roof,Other Roof
- Pool: No
- Exterior: Fencing
Additional Features
- County: Monroe
- Property Type: Driftwood Estates (54.0)
- Tax Number: 00362660-000000
- Waterfront Features: Oceanfront, Open Water
- Water/Sewer: FKAA, Elect Separate Meter, Buyer to Verify, Municipal Sewer
- Year Built: 1950