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    250 Gulf Terrace

    Marathon, FL 33050
    • $1,900,000
    • STATUS: Active
    • ON SITE: 430 days
    • MLS #: 586597
    UPDATED: 68 min ago
    $1,900,000
    • 0
      BEDS
    • 1.65
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Property located in the only opportunity zone in Monroe County. Tremendous tax benefits and incentives. Conditional use approval for fifteen-units; nine-affordable and five-market rate. Affordable allocations are expected before the end of 2020. Market rate allocations expected mid-2021. Property surrounded by water with cap rock. Plat map, aerial, site plan, survey, vegetation survey, conditional use approval, opportunity zone map and explanation of tax benefits on file under ''Documents''.

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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 Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
    www.buythekeys.com/homes/97145010
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    250 Gulf Terrace Marathon, FL 33050

    • Price: $1,900,000
    • Status: Active
    • Updated: 68 min ago
    • MLS #: 586597
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.65
    Acres
    Neighborhood:
    Schmitt Sub (51.0)
    County:
    Monroe
    Area:
    15 - Sombrero Bch Rd To Vaca Cut Gulfside
    Property Description
    Property located in the only opportunity zone in Monroe County. Tremendous tax benefits and incentives. Conditional use approval for fifteen-units; nine-affordable and five-market rate. Affordable allocations are expected before the end of 2020. Market rate allocations expected mid-2021. Property surrounded by water with cap rock. Plat map, aerial, site plan, survey, vegetation survey, conditional use approval, opportunity zone map and explanation of tax benefits on file under ''Documents''.
    Exterior Features

    Dockage Seawall Cut/Natural Land Size 1 Less Than 2 Acres Lot Dimensions Irregular Side Bay/Gulf Vegetation Survey Yes Waterfront Canal Front Waterfront YN Yes Waterview Canal View

    Property Features

    Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Marathon Control Depth 4 Deed Restrictions Yes Flood Zone Ae 8 Listing Board Marathon/Lower Keys Mile Marker 51.00 Mobile Home Lot No Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Species List No Survey Available Yes Tax Exemptions None Tax Year 2018 Taxes 6136.00 Terms Buyer Obtain Finance Title Title Ins - Buyer Total Lots 2.00 Zoning Mu - M - Mixed Use - Maritime

    Listing courtesy of Steve Smith, P.A. of Ocean Sotheby's International Realty (Marathon).


    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 Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
     
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    Coastal Collection Real Estate Inc.
    94 Seaside North Ct.
    Key West FL, 33040