$1,950,000
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58234 Overseas Highway Marathon, FL 33050
Multi-Family
Residence
7
Beds
7
Baths
3,026
Sq. Ft.
0.18
Acre
Lot
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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 studi...o 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.
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MLS#
612603
Property Type
Multi-Family
Bedrooms
7
Bathrooms
6 Full/1 Half
Year Built
1975
Square Feet
3,026
sq. ft
Lot Size
0.18
Stories
2.0
Sewer
Sewer Connected
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