610 12Th, Marathon, FL 33050 (MLS# 600053)

610 12Th, Marathon, FL 33050

$2,700,000

Virtual Tour

https://view.paradym.com/idx/610-12Th-Marathon-FL-33050/4710118

Property Type: Residential Bedrooms: 8 Baths: 6 Square Footage: 3,498 Lot Size (sq. ft.): 25,894 Status: Closed

Current Price: $2,700,000 List Date: 5/28/2022 Last Modified: 9/01/2024

Overview

Description

Development opportunity. Seller Financing Offered. Min 35% down. Seller will hold up to 5 years at 5%. 4 TBR's ( Transferable Building Rights ) convey with property, Point lot on 12th st Gulf Side, Endless unobstructed views, Approx 305 ft of seawall. Can also rent all 4 units as is, potentially about 10k per month in rent here enough to service the principal and interest payment. Could be Waterfront employee compound, 4 air bb's, etc, Weekly rentals are allowed, No HOA!

Listing Details MLS# 600053

Location, Tax & Legal

Street #: 610
Street Name: 12Th
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Halls Sub (48.0)
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
City: MARATHON
Off Shore Island: No
Mile Marker: 48
Marathon Neighborhood: Old Town West (11th to 25th)
Side: Bay/Gulf
Flood Zone: VE11, VE12
Alternate Key #: 8643853
Add'l Parcel #1: 00101580-000100
Parcel #: 00101580-000200
Zoning: RM - Residential Medium
Deed Restrictions: Unknown
Legal: 8 66 32 HOG KEY PT LOT 1
Taxes: 14010
Tax Year: 2021
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: Yes
Control Depth: 4
Pool: Yes
Year Built: 1976
Total Units: 4
Lot SqFt: 25894
Acres: 0.36
Living Apx SqFt: 3498
SqFt Source: Property Data Card
Total Bedrooms: 8
Full Baths: 6
Total Baths: 6
Rentals Allowed: Yes
Min Rental Days: 7

Status Change Info

Sold Date: 2022-09-16

Association Info

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

Dockage

Dock Length: 265
Dock: Concrete
Seawall: Concrete

More Information

Building Style

Above Flood: No
Single Wide: Yes

Vehicle Storage

Car(s): 4+
Guest Parking: Yes
Open Parking: Yes
Off Street Parking: Yes
Trailer Storage: Yes

Financial Status

Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes

Remarks & Misc

Remarks – Consumer: Development opportunity. Seller Financing Offered. Min 35% down. Seller will hold up to 5 years at 5%. 4 TBR's ( Transferable Building Rights ) convey with property, Point lot on 12th st Gulf Side, Endless unobstructed views, Approx 305 ft of seawall. Can also rent all 4 units as is, potentially about 10k per month in rent here enough to service the principal and interest payment. Could be Waterfront employee compound, 4 air bb's, etc, Weekly rentals are allowed, No HOA!
Directions: From US1 turn onto 12th Street Gulf. Property is at end of the road.

Fee Includes

None: Yes

Tax Exemptions

None: Yes

Appliances

Oven: Yes
Range: Yes
Refrigerator: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes

Waterfront

Bay Front: Yes
Gulf Front: Yes
Open Water: Yes

Waterview

Bay/Gulf View: Yes
Open Water View: Yes

Construction

Manufactured: Yes

Land Size

1/4 - 1/2 Acre: Yes

Utilities

Elect Separate Meter: Yes
FKAA: Yes
Municipal Sewer: Yes
Water Separate Meter: Yes

Porch/Balcony

Deck: Yes

Exterior Features

Chickee Hut: Yes
Fencing: Yes

Pool Info

In Ground: Yes

Roof

Other Roof: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Bay Front; Gulf Front; Open Water Waterview: Bay/Gulf View; Open Water View Building Style: Single Wide Vehicle Storage: Guest Parking; Off Street Parking; Open Parking; Trailer Storage Cooling: Ceiling Fans(s) Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Appliances: Oven; Range; Refrigerator Exterior Features: Chickee Hut; Fencing Pool Info: In Ground Construction: Manufactured Roof: Other Roof Pets: Pets Allowed Land Size: 1/4 - 1/2 Acre

Listing Office: Coldwell Banker Schmitt Real Estate Co.

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