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    2264 Overseas Highway

    Marathon, FL 33050
    • $10,895,000
    • STATUS: Active
    • ON SITE: 38 days
    • MLS #: 592061
    UPDATED: 69 min ago
    $10,895,000
    • 32
      BEDS
    • 1.38
      ACRES
    • 24
      BATHS
    • 1
      1/2 BATHS
    • 12,716
      SQFT
    • $857
      $/SQFT
    Type:
    Commercial
    Built:
    1953
    County:

    School Ratings & Info

    Description

    Strong Investment Opportunity with a solid 8% Cap Rate! Private turn-key waterfront compound w/ minimal expenses for weekly rental community. Eight 4 bedroom 3 bathroom new homes built to windstorm standards. Each home is setup to enjoy their own privacy w/ balconies, covered parking, dockage & private pools. Excellent rental history & future bookings perfectly setup to maximize rentals & minimize expenses. Zoned Mixed Use Commercial with 1.38 acres and features commercial property directly on US Hwy-1with redevelopment opportunity on the close to ~13,000sf lot. Located next door to the Courtyard by Marriott in Marathon, FL at mile marker 48.2 in the Florida Keys.

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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 MLS, Inc. Real estate listings held by brokerage firms other than KeyIsle Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
    www.keyislerealty.com/homes/108789148
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    2264 Overseas Highway Marathon, FL 33050

    • Price: $10,895,000
    • Status: Active
    • Updated: 69 min ago
    • MLS #: 592061
    32
    Beds
    24
    Baths
    1
    ½ Baths
    1.38
    Acres
    12,716
    SQFT
    $857
    $/SQFT
    1953
    Built
    Neighborhood:
    Misc Marathon West (49.0)
    County:
    Monroe
    Area:
    13 - 7 Mile Bridge To Sombrero Bch Rd E & W
    Property Description
    Strong Investment Opportunity with a solid 8% Cap Rate! Private turn-key waterfront compound w/ minimal expenses for weekly rental community. Eight 4 bedroom 3 bathroom new homes built to windstorm standards. Each home is setup to enjoy their own privacy w/ balconies, covered parking, dockage & private pools. Excellent rental history & future bookings perfectly setup to maximize rentals & minimize expenses. Zoned Mixed Use Commercial with 1.38 acres and features commercial property directly on US Hwy-1with redevelopment opportunity on the close to ~13,000sf lot. Located next door to the Courtyard by Marriott in Marathon, FL at mile marker 48.2 in the Florida Keys.
    Exterior Features

    Construction CbsManufactured Dockage Dock Privileges Land Size 1 Less Than 2 Acres Lot Size 0 Miscellaneous Chickee HutFencingHigh Traffc LocationHigh VisibilityOpen Water ViewPatioPool Side Bay/Gulf Style Commercial Waterfront Bay FrontGulf Front Waterfront YN Yes Waterview Bay/Gulf View

    Interior Features

    Appliances DishwasherDisposalDryerRangeRefrigeratorWasher Dishwashers 8 Interior Features Other Kitchens 9 Net Leasable Area 12716.00 Washers 8

    Property Features

    Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Marathon Commercial Type Other Comrcl StyleOther Services Control Depth 3 Dryers 8 Fee Includes None Flood Zone AeAeVe License Info Other/See Remarks Listing Board Key West Association Mile Marker 49.00 Potential Short Sale No Potential Short Sale Financial Status No Property Info License Included Property Type Commercial Sq Ft Source Appraisal Tax Year 2019 Taxes 32556.97 Total Units 9.00 Utilities FkaaMunicipal Sewer Zoning Mu - Mixed Use Commercial Mixed Use

    Listing courtesy of Team Gardner/Langley of Berkshire Hathaway Knight & Gardner Realty.


    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than KeyIsle Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
     
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    KeyIsle Realty
    22974 Overseas Highway
    Cudjoe Key FL, 33042