610 12Th, Marathon, FL 33050 (MLS# 600053)

610 12Th, Marathon, FL 33050

$2,700,000

Virtual Tour

https://view.paradym.com/idx/610-12Th-Marathon-FL-33050/4710118

Property Type: Residential Bedrooms: 8 Baths: 6 Square Footage: 3,498 Lot Size (sq. ft.): 25,894 Status: Closed

Current Price: $2,700,000 List Date: 5/28/2022 Last Modified: 9/01/2024

Overview

Description

Development opportunity. Seller Financing Offered. Min 35% down. Seller will hold up to 5 years at 5%. 4 TBR's ( Transferable Building Rights ) convey with property, Point lot on 12th st Gulf Side, Endless unobstructed views, Approx 305 ft of seawall. Can also rent all 4 units as is, potentially about 10k per month in rent here enough to service the principal and interest payment. Could be Waterfront employee compound, 4 air bb's, etc, Weekly rentals are allowed, No HOA!

Listing Details MLS# 600053

Location, Tax & Legal

Street #: 610
Street Name: 12Th
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Halls Sub (48.0)
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W

Contract Information

Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: Yes
Control Depth: 4
Pool: Yes
Year Built: 1976
Total Units: 4
Lot SqFt: 25894
Acres: 0.36
Living Apx SqFt: 3498
SqFt Source: Property Data Card
Total Bedrooms: 8
Full Baths: 6
Total Baths: 6
Rentals Allowed: Yes
Min Rental Days: 7

Status Change Info

Under Contract Date: 2022-07-11
Leased Date: 2022-09-16

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

Dockage

Dock Length: 265
Dock: Concrete
Seawall: Concrete

More Information

Building Style

Above Flood: No

Vehicle Storage

Car(s): 4+

Financial Status

Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Bay Front; Gulf Front; Open Water Waterview: Bay/Gulf View; Open Water View Building Style: Single Wide Vehicle Storage: Guest Parking; Off Street Parking; Open Parking; Trailer Storage Cooling: Ceiling Fans(s) Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Appliances: Oven; Range; Refrigerator Exterior Features: Chickee Hut; Fencing Pool Info: In Ground Construction: Manufactured Roof: Other Roof Pets: Pets Allowed Land Size: 1/4 - 1/2 Acre

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: September - 01 - 2024

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