$2,200,000
 $11,810 est/mo Sourced by Back At You

MLS #: 615113

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Description

Position yourself at the gateway to one of the most sought after markets in the Keys. This prime multi-family complex offers not just immediate income potential, but long term upside with redevelopment or expansion. Property is in a high demand location with direct access to US-1/Overseas Highway. The property features two sturdy concrete block structures. The first building contains a three-bedroom, two-bathroom residence. The second building is designed as a duplex with two efficiency studio units, each with its own bathroom. This property has four residential property rights. Whether your vision is a multifamily expansion, a mixed use waterfront property, or a strategic land banking, this is a rare chance to own a contiguous property package in Marathon. Additional purchase opportunity to own the adjacent parcel and submerged land rights giving savvy buyers the ability to control and develop a larger footprint. Buy one. Add the rest. Control the block.

Details

MLS #615113
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1950
Days On Site53
Listing Provided ByEngel & Völkers Marathon | Stephany Duvall

Features

Bed(s)4
Bath(s) 4 Total
SQ Feet3,017
Units2
ZoningMU - Mixed Use Commercial Mixed
Acreage1.85
Water FrontYes
Property ViewHarbor, Marina View, Open Water

Taxes

Property14064

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.

The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Key Colony Beach Realty, Inc. are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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Learn More About This Property

StateFL
CountyMonroe
CityMARATHON
Zip Code33050
Area18 East of Holiday Inn US #1 & Coco Plum
Community NameDriftwood Estates (54.0)
Sourced by Back At You
Listing Updated: July 7, 2025 at 11:37:27 AM PDT