103-125 41St St Gulf Street, Marathon, FL 33050 (MLS# 592258)

103-125 41St St Gulf Street, Marathon, FL 33050

$3,625,000

Property Type: Residential Bedrooms: 36 Baths: 36 Square Footage: 1,200 Lot Size (sq. ft.): 800 Status: Closed

Current Price: $3,625,000 List Date: 8/16/2021 Last Modified: 9/01/2024

Overview

Description

Turnkey Investor Opportunity! Twelve affordable housing units built in 2018 to current building codes. Each of the 12 units is a 3 bedroom, 3 bath with open floor plan, vinyl plank flooring. Pantry, linen closet and washer/dryer in every unit. Impact doors and windows throughout! Hold and cash flow, or sell individually and manage. RARE chance to purchase this many modern units, in a development that has had very little turnover. Stable steady income producing complex.

Listing Details MLS# 592258

Location, Tax & Legal

Street #: 103-125
Street Name: 41St St Gulf
Street Suffix: Street
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Marathon Beach (49.0)
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
City: MARATHON
Off Shore Island: No
Mile Marker: 49
Marathon Neighborhood: Old Town East (25th to Sombrero)
Side: Bay/Gulf
Flood Zone: AE
Alternate Key #: 9104420
Handicap Access: No
Add'l Parcel #1: See Supplement
Parcel #: 00337180-000100
Add'l Parcel #2: See Supplement
Zoning: RH - Residential High
Deed Restrictions: Affordable Housing
Legal: See supplement
Taxes: 2149.7
Tax Year: 2019
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes

General Property Description

Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: No
Pool: No
Year Built: 2018
Total Units: 12
Lot SqFt: 800
Living Apx SqFt: 1200
SqFt Source: Property Data Card
Total Bedrooms: 36
Full Baths: 36
Total Baths: 36
Rentals Allowed: With Restrictions
Min Rental Days: 180
Control Depth: 0

Status Change Info

Sold Date: 2021-08-12

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0

Building Style

Above Flood: Yes
Stories: 3 Stories
Townhouse: Yes

More Information

Remarks & Misc

Remarks – Consumer: Turnkey Investor Opportunity! Twelve affordable housing units built in 2018 to current building codes. Each of the 12 units is a 3 bedroom, 3 bath with open floor plan, vinyl plank flooring. Pantry, linen closet and washer/dryer in every unit. Impact doors and windows throughout! Hold and cash flow, or sell individually and manage. RARE chance to purchase this many modern units, in a development that has had very little turnover. Stable steady income producing complex.
Directions: Going southbound on US 1 turn right on 41st. Complex is second left driveway.

Fee Includes

Bldg Exterior Mnt: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Washer: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Waterfront

None: Yes

Waterview

Bay/Gulf View: Yes
No Waterview: Yes

Floor

Vinyl: Yes
Wood: Yes

Neighborhood Feature

Airstrip: Yes
Bike Paths: Yes

Interior Features

Built-in Cabinets: Yes
Drapes/Blinds Incl: Yes
Pantry: Yes
Split Bedroom: Yes
Walk-in Closet(s): Yes

Property Condition

Updated/Remodeled: Yes

Windows/Doors

Impact Rstnce Doors: Yes
Impact Rstnce Window: Yes

Vehicle Storage

Carport: Yes
Guest Parking: Yes

Construction

Hardi Board Siding: Yes
Modular: Yes

Land Size

1/4 - 1/2 Acre: Yes

Furnished

Unfurnished: Yes

Terms

Cash: Yes
Conventional: Yes

Utilities

Buyer to Verify: Yes
Cable Available: Yes
Elect Separate Meter: Yes
FKAA: Yes
Municipal Sewer: Yes
Water Separate Meter: Yes

Porch/Balcony

No Porch/Balcony: Yes

Pre-Wired

Cable: Yes

Roof

Metal Roof: Yes

Property Features

Fee Includes: Bldg Exterior Mnt Tax Exemptions: None Waterfront: None Waterview: Bay/Gulf View; No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Townhouse Vehicle Storage: Carport; Guest Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Pantry; Split Bedroom; Walk-in Closet(s) Pre-Wired: Cable Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer Construction: Hardi Board Siding; Modular Floor: Vinyl; Wood Roof: Metal Roof Neighborhood Feature: Airstrip; Bike Paths Land Size: 1/4 - 1/2 Acre Terms: Cash; Conventional

Listing Office: The New Home Spot, Inc.

Last Updated: September - 01 - 2024

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

Search