Active
Vacant Land 89th Street
Marathon FL, 33050
$899,000
$139.60 per sqft
Active
0.15 Acres
Land
Waterfront lot is cleared and ready for construction, complete with Transferable Building Rights (TBR), house plans, and dock plans. Located on the picturesque 89th Street in Marathon, Florida, this waterfront lot spans 6,440 square feet and measures 70 feet wide by 92 feet deep. Boasting 70 feet of prime water frontage and a 45-foot-wide canal that leads directly to open water, this property offers a 4-foot control depth, ensuring easy water access. As soon as you reach the end of the canal, you can plane out effortlessly. Weekly rentals are permitted, making this an ideal investment for generating rental income. Imagine building your dream home with a customizable layout, ample storage options, and your choice of colors and materials. New construction offers numerous advantages, including easier maintenance, cheaper insurance, and no worries about illegal enclosures. This property presents a significant equity potential, providing a profitable margin for flippers and better numbers for vacation rentals. You can build to withstand 180 MPH winds, above flood levels, and without the need for shutters. Additionally, solar programs are available for those interested in off-grid living. Investing in this property not only offers a substantial profit margin but also provides a valuable learning experience for future real estate ventures. Don't miss this rare opportunity to own a prime piece of waterfront property in Marathon, Florida. Contact us today to learn more and start building your dream home or investment property!
610843
MLSⓇ ID
July 22, 2024
Listed
August 23, 2024
Updated
Map
Vacant Land 89th Street
Marathon FL, 33050
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
Less Than 1/4 Acre, Cleared Site
School Information
School District
No
Other Property Details
Area Name
16 - Sombrero Bch Rd to Vaca Cut - Oceanside
Taxes
$1,710
Tax Frequency
Annually
Days on Market
17
Garage
No
View
Yes
View Description
Canal View
County
Monroe
Pool
No
Waterfront
Yes
Zoning
RM - Residential Medium
Listed by Samuel Davis Williams with Coldwell Banker Schmitt Real Estate Co.
Listing Contact:
The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 8/23/2024. 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 8/23/2024 at 2:43 PM UTC