Skip To Content

58080 & 58090 Overseas Highway

Marathon, FL 33050
  • $4,063,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 608154
$4,063,000
  • 7
    BEDS
  • 0.15
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,860
    SQFT
  • $1,421
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

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

Monthly Payment Calculator



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/146630306
Print Image

58080 & 58090 Overseas Highway Marathon, FL 33050

  • Price: $4,063,000
  • Status: Active
  • On Site: 49 Days
  • MLS #: 608154
7
Beds
5
Baths
0
½ Baths
0.15
Acres
2,860
SQFT
$1,421
$/SQFT
1962
Built
Neighborhood:
Crains Sub (58.0)
County:
Monroe
Area:
19 - Crawl Key & Grassy Key
Property 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
Exterior Features

Above Flood Yes Building Style Ground Level Construction CBS Dockage None Exterior Features Detached Guest QtrsSandy BeachStorage Land Size 1/4 - 1/2 Acre Pool YN No Porch Balcony Open Porch/BalconyPatio Roof Metal RoofTar/Gravel Roof Side Ocean Stilt Column Height Medium - 5Ft - 9Ft Style Multi-Units Vehicle Storage Covered ParkingOff Street ParkingTrailer StorageOpen ParkingGuest Parking Vehicle Storage Cars 4+ Waterfront OceanfrontOpen Water Waterfront YN Yes Waterview Ocean ViewOpen Water View

Interior Features

Appliances DishwasherRefrigeratorRangeOvenMicrowave Appliances Other YES Cooling Heating Ceiling Fans(s)Wall/Window Unit(s)Central Air Floor Tile Furnished Furnished Specialty Rooms Laundry Room Windows Doors Impact Rstnce WindowOther Windows/Doors

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No Auction No Bank Owned No Bank Owned Financial Status No City MARATHON Condition Updated/Remodeled Control Depth 3 Deed Restrictions Unknown Fee Includes None Flood Zone VE-13AE-10 Listing Board Marathon/Lower Keys Mile Marker 58.00 Min Rental Days 7.00 Neighborhood Features AirstripCommunity Boat RampBike PathsBeach Off Shore Island No Pets Pets Allowed Pets With Restrictions YES Potential Short Sale No Potential Short Sale Financial Status No Public Sewer Hookup Yes Rentals Allowed With Restrictions Security No Security Species List No Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2023 Taxes 18707.53 Transient License Yes Utilities Elect Separate MeterWater Separate MeterMunicipal SewerFKAA Zoning RM - Residential Medium

Listing courtesy of Samuel Williams of Coldwell Banker Schmitt Real Estate Co.: (305) 743-5181.


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.
 
https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_608154-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_608154-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_608154-2.jpg
Logo
KeyIsle Realty
30971 Avenue A Suite A
Big Pine Key FL, 33043