Active
58234 Overseas Highway
Marathon FL, 33050
$1,950,000
$644.42 per sqft
Active
7 Beds
7 Baths
3,026 sqft
Multi-family
Built in 1975
Unique 18,000 sq ft ocean front parcel with 5 units. Remember how the Key used to be? Parcel shares a boat ramp with adjacent parcel, owned bay bottom and 5 units recognized by the City of Marathon. The property contains a Triplex consisting of a 2/2 apt and two 1/1 apartments: a small cottage studio with 1 bath and a mobile home with 2 beds/1.5 baths. Triplex building sits directly on the Ocean and is currently undergoing spalling repairs. The property has been a vacation rental, but the vacation rental license is currently stopped while repairs are under way. Potential buyers have several options. The current density on RM zoning allows for two units should a prospective buyer wish to demolish the existing units, rebuild two units, and sell or retain the remaining 3 Transferable Building Rights. Letter of Determination is under the Documents Tab.
612603
MLSⓇ ID
December 8, 2024
Listed
December 8, 2024
Updated
Map
58234 Overseas Highway
Marathon FL, 33050
Interior Features
Total Stories
2
Bedrooms
7
Total Bathrooms
7
Full Bathrooms
6
Half Bathrooms
1
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.41 Acres
School Information
School District
No
Other Property Details
Area Name
19 - Crawl Key & Grassy Key
Taxes
$12,299
Tax Frequency
Annually
Days on Market
1
Association Amenities
None
Garage
No
Parking
Off Street Parking
View
Yes
View Description
Ocean View, Open Water View
County
Monroe
Pool
No
Waterfront
Yes
Zoning
RM - Residential Medium
Listed by Joshua James Mothner with Coldwell Banker Schmitt Real Estate Co.
Listing Contact:
The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 12/8/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 12/8/2024 at 11:09 PM UTC