$4,063,000 $21,811 est/mo Sourced by Back At You

58080 & 58090 Overseas Highway,Marathon, FL 33050

Marathon FL, 33050

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Description

Presenting a unique Oceanfront Multi-Family Property with Endless Possibilities. This oceanfront gem combines two properties to create a stunning five-plex, boasting a total of 7 bedrooms and 5 bathrooms. This multi-family compound is beach front, providing unobstructed, panoramic ocean views. There is a multi-family triplex with three separate legal units, a modern single-family home on stilts and a fully renovated duplex. All units currently rented, offering immediate income potential. The ground level duplex operates as a successful Airbnb, with each unit licensed for individual or combined rental. A long-term tenant occupies the single-family home. The other duplex is completely renovated with robust CBS construction on stilts. Each unit offers a 1 bedroom, 1 bathroom layout, meticulously maintained with modern finishes. Duplex benefits from an assumable flood policy for cost savings. Sold fully furnished (excluding personal items) for a seamless turnkey investment. The Single-Family Home is brand new CBS construction on stilts, featuring a metal roof and impact doors and windows. Granite countertops and stainless steel appliances. Both properties offer upgraded AC systems with new ductwork for optimal comfort. The ground level duplex features three bedrooms and one bath, with an additional one-bedroom, one-bath unit in the rear structure. Elevation certificate, survey, and assumable flood insurance policy included. There are 5 market rate building rights in total on this property if someone wanted to combine units and transfer a right to another property. Easy access from Miami-Dade and Broward counties, with travel time under two hours. This unique offering presents endless possibilities, whether you aim to continue the profitable vacation rental business, create an exclusive staff compound, or re-imagine the structures to fit your vision. View these listings individually at MLS#607976 & MLS#606424

Details

MLS#608154
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1962
Days On Site130
Listing Provided ByColdwell Banker Schmitt Real Estate Co. | Samuel Davis Williams

Features

Bed(s)7
Bath(s) 5 Total
SQ Feet2,860
ZoningRM - Residential Medium
Acreage0.15
Water FrontYes

Market Activity 33050

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.

The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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Listings Checked: 4 minutes ago
StateFL
CountyMonroe
CityMarathon
Zip Code33050
Area19 Crawl Key & Grassy Key
Community NameCrains Sub (58.0)
Listing VS Median (in Crains Sub (58.0))
Price:
$4,063,000
low | high
Med:
$1,824,000
100% of Average
SqFt:
2,860
low | high
Med:
1,260
100% of Average
$ / SqFt:
$1,421
low | high
Med:
$1,448
48.100160566319% of Average
On Site:
130
low | high
Med:
271
47.970479704797% of Average
Sourced by Back At You
Listing Updated: February 18, 2024 at 5:07:43 PM PST