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625 73Rd Street Ocean Street , A-B

Marathon, FL 33050
  • $849,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 611845
Price Reduced
$849,000
  • 4
    BEDS
  • 0.21
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,203
    SQFT
  • $706
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Description

Seller will consider all offers! Don't miss this opportunity with a variety of potential uses. Currently this duplex has two units that are rented which includes two transferrable building rights. Opt. 1: Use as-is. Opt. 2: Transition to a single family and sell off the 2nd building right for approx. value $200k net. Opt 3: Apply to the city for two affordable building rights and deed restrict the duplex for affordable housing then move off both transferrable building rights (approx. value $400k net). Opt. 4: Could be a combination of the above. So many options here to discuss so let's see what works best for you!

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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/156845119
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625 73Rd Street Ocean Street , A-B Marathon, FL 33050

  • Price: $849,000
  • Status: Active
  • On Site: 25 Days
  • MLS #: 611845
4
Beds
3
Baths
0
½ Baths
0.21
Acres
1,203
SQFT
$706
$/SQFT
1958
Built
Neighborhood:
Reimann's Sub (51.0)
County:
Monroe
Area:
16 - Sombrero Bch Rd To Vaca Cut - Oceanside
Property Description
Seller will consider all offers! Don't miss this opportunity with a variety of potential uses. Currently this duplex has two units that are rented which includes two transferrable building rights. Opt. 1: Use as-is. Opt. 2: Transition to a single family and sell off the 2nd building right for approx. value $200k net. Opt 3: Apply to the city for two affordable building rights and deed restrict the duplex for affordable housing then move off both transferrable building rights (approx. value $400k net). Opt. 4: Could be a combination of the above. So many options here to discuss so let's see what works best for you!
Exterior Features

Above Flood Unknown Building Style Ground Level Construction CBS Dockage None Land Size Less Than 1/4 Acre Lot Size 75x120 Pool YN No Side Ocean Style Duplex Vehicle Storage Off Street Parking Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances No Appliances Cooling Heating Wall/Window Unit(s) Furnished Unfurnished

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No City MARATHON Control Depth 0 Deed Restrictions No Fee Includes None Flood Zone AEAE Listing Board Key West Association Mile Marker 51.00 Min Rental Days 7.00 Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed Yes Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2023 Taxes 6796.83 Utilities FKAACable AvailableSewer Available Zoning RH - Residential High

Listing courtesy of Gidget Jackson of Realty Bistro: (800) 421-2040.


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.
422 Fleming St Suite 7
Key West FL, 33040