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453-7, 543 11Th Street Ocean, Marathon, FL 33051

$1,570,000
Property Type: Vacant Land Status: Closed
Current Price: $1,570,000 List Date: 8/22/2017 Last Modified: 9/08/2024

Overview

Description

Fantastic redevelopment opportunity in the Heart of the Florida Keys! Very rare find! Over an acre of Oceanfront buildable land, with 7 CITY APPROVED BUILDING RIGHTS! No waiting on ROGO. Buyer may apply for more housing, plenty of land to build more. Over an acre of land, plus additional .70+ acres of submerged bay bottom. Build 7 homes with a pool and covered parking, boat slips and open water views is 1 of the many possibilities. Existing structures are in poor condition. Best use is to redevelop. Call today for an information package and get ready to START CONSTRUCTION. Weekly rentals permitted.

Listing Details MLS# 576718

Location, Tax & Legal

Street #
453-7, 543
Street Name
11Th
Street Suffix
Street Ocean
Key/Island
Marathon
State/Province
FL
Zip Code
33051
County
Monroe
Subdivision
Riggs Sub (47.5)
Area
13 - 7 Mile Bridge to Sombrero Bch Rd E & W
City
MARATHON
Off Shore Island
No
Mile Marker
47.5
Marathon Neighborhood
Old Town West (11th to 25th)
Side
Ocean
Flood Zone
AE,VE
Alternate Key #
1394394
Add'l Parcel #1
00319970-000000
Parcel #
00319960-000000
Zoning
R-MH - Residential - MH
Deed Restrictions
Unknown
Legal
BK 1 LTS 3, 4 AND 5 AND BAY BTM ADJ TO LTS 3, 4 & 5 RIGGS SUB PB2-68 HOG KEY G39-133/134 G56-305/306 OR806-968 OR806-969
Taxes
9591.21
Tax Year
2016

Contract Information

Listing Board
Florida Keys
ROGO Exempt
Yes
Limited Representation
No
As is Rght to Inspct
Yes
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Vacant Land
Waterfront
Yes
Control Depth
3
Lot Dimensions
multiple parcels
Total Lots
4
Survey Available
Yes
Vegetation Survey
No

Status Change Info

Sold Date
2019-07-02

Miscellaneous Info

Mobile Home Lot
Yes
Recorded Plat
Yes
Rogo W/Letter
Yes

Financial Status

Bank Owned
No
Potential Short Sale
No

More Information

Remarks & Misc

Remarks – Consumer
Fantastic redevelopment opportunity in the Heart of the Florida Keys! Very rare find! Over an acre of Oceanfront buildable land, with 7 CITY APPROVED BUILDING RIGHTS! No waiting on ROGO. Buyer may apply for more housing, plenty of land to build more. Over an acre of land, plus additional .70+ acres of submerged bay bottom. Build 7 homes with a pool and covered parking, boat slips and open water views is 1 of the many possibilities. Existing structures are in poor condition. Best use is to redevelop. Call today for an information package and get ready to START CONSTRUCTION. Weekly rentals permitted.
Directions
11th St. Oceanside Marathon. Just before 7 Mile bridge. Property on right side.

Assoc/Misc Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Dockage

Assigned Dock
Yes
Basin
Yes
Boat Slip
Yes

Tax Exemptions

None
Yes

Waterfront

Oceanfront
Yes
Open Water
Yes

Waterview

Harbor/Marina View
Yes
Ocean View
Yes
Open Water View
Yes

Location/Site

Fenced
Yes
Paved Street
Yes
Water Frontage
Yes
Other See Remarks
Yes

Existing Utilities

Electric on Site
Yes
Sewer
Yes
Street Lights
Yes
Water Line
Yes
Water Meter
Yes
Other See Remarks
Yes

BuildingPermit

Active Permit
Yes

Land Size

2 Less Than 5 Acres
Yes

Terms

Buyer Obtain Finance
Yes
Private Financing
Yes
Seller Finance Psble
Yes
Other Financing
Yes

Property Rights

Misc Property Rights
Yes
Tranfrble Dev Right
Yes
Transfer Bldg Rights
Yes

Property Features

Tax Exemptions: None Waterfront: Oceanfront; Open Water Dockage: Assigned Dock; Basin; Boat Slip Waterview: Harbor/Marina View; Ocean View; Open Water View Existing Utilities: Electric on Site; Sewer; Street Lights; Water Line; Water Meter; Other See Remarks BuildingPermit: Active Permit Land Size: 2 Less Than 5 Acres Terms: Buyer Obtain Finance; Private Financing; Seller Finance Psble; Other Financing Property Rights: Misc Property Rights; Tranfrble Dev Right; Transfer Bldg Rights
Listing Office: Better Homes and Gardens Real Estate Destinations
Last Updated: September - 08 - 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.