765 107Th Street Ocean, Marathon, FL 33050 (MLS# 578332)

765 107Th Street Ocean, Marathon, FL 33050

$2,600,000

Virtual Tour

http://www.circlepix.com/home2/A653RF/765-107Th-Street-Ocean-Marathon-FL-578332

Property Type: Residential Bedrooms: 6 Baths: 5 Square Footage: 4,212 Lot Size (sq. ft.): 123,161 Status: Closed

Current Price: $2,600,000 List Date: 1/19/2018 Last Modified: 9/02/2024

Overview

Description

REHAB or REDEVELOP...RARE opportunity to own a 3+ acre direct ocean front parcel in the “Heart of Marathon”. This parcel runs from US #1 all the way to the Atlantic, PLUS .8 acres of deeded bay bottom. Many possibilities for this unique oceanfront parcel from private ocean front estate to redevelopment. Currently zoned as Residential Multi-Family Less Than 10 Units, property has a 2,592 sf 3bd/2ba ocean front home and Tri-Plex (3) 1bd/1ba units allowing for 4 existing building rights. Featuring a deep water boat basin and concrete seawall. Over 200 ft of water frontage with beautiful open water views. US #1 frontage is suitable for re-zoning based on properties on each side already zoned commercial. Hurricane damage from Irma, property is being sold AS IS, seller is not making any repairs.

Listing Details MLS# 578332

Location, Tax & Legal

Street #: 765
Street Name: 107Th Street Ocean
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: S Marathon Shores (52.5)
Area: 16 - Sombrero Bch Rd to Vaca Cut - Oceanside
City: MARATHON
Off Shore Island: No
Mile Marker: 52.5
Marathon Neighborhood: Marathon East - Ocean (Airport to Vaca)
Side: Ocean
Flood Zone: AE,VE
Alternate Key #: 1121860
Handicap Access: No
Add'l Parcel #1: 00104430-000000
Parcel #: 00104260-000000
Zoning: RM - Residential Medium
Deed Restrictions: No
Legal: 6 66 33 KEY VACCAS PT GOV LOT 1 & ADJ BAY BOTTOM SOUTH OF AND ADJ PT GOV LOT 1 & 6 66 33 KEY VACA PT GOV LOT 2 PT PAR 3
Taxes: 12451.92
Tax Year: 2017
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: Residential - Single Family
Style: Multi-Units
Waterfront: Yes
Control Depth: 5
Pool: Yes
Year Built: 1958
Total Units: 4
Lot SqFt: 123161
Living Apx SqFt: 4212
SqFt Source: Property Data Card
Total Bedrooms: 6
Full Baths: 5
Total Baths: 5
Rentals Allowed: Yes
Min Rental Days: 7

Status Change Info

Sold Date: 2018-12-17

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

Dockage

Dock Length: 130
Dock: Wood
Seawall: Concrete

More Information

Building Style

Above Flood: No
Stories: 1 Story
Ground Level: Yes

Financial Status

Bank Owned: No
Potential Short Sale: No

Remarks & Misc

Remarks – Consumer: REHAB or REDEVELOP...RARE opportunity to own a 3+ acre direct ocean front parcel in the “Heart of Marathon”. This parcel runs from US #1 all the way to the Atlantic, PLUS .8 acres of deeded bay bottom. Many possibilities for this unique oceanfront parcel from private ocean front estate to redevelopment. Currently zoned as Residential Multi-Family Less Than 10 Units, property has a 2,592 sf 3bd/2ba ocean front home and Tri-Plex (3) 1bd/1ba units allowing for 4 existing building rights. Featuring a deep water boat basin and concrete seawall. Over 200 ft of water frontage with beautiful open water views. US #1 frontage is suitable for re-zoning based on properties on each side already zoned commercial. Hurricane damage from Irma, property is being sold AS IS, seller is not making any repairs.
Directions: US #1 to 107th Street Ocean.

Fee Includes

None: Yes

Tax Exemptions

Homestead: Yes

Appliances

Dryer: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Waterfront

Oceanfront: Yes
Open Water: Yes

Waterview

Ocean View: Yes
Open Water View: Yes

Interior Features

Cathedral Ceilings: Yes
Dade County Pine: Yes
Fireplace(s): Yes
Split Bedroom: Yes
Storage: Yes

Vehicle Storage

Garage: Yes
Guest Parking: Yes
Open Parking: Yes
RV Parking Open: Yes
Attached: Yes
Off Street Parking: Yes
Trailer Storage: Yes

Construction

CBS: Yes

Land Size

2 Less Than 5 Acres: Yes

Furnished

Negotiable: Yes

Utilities

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

Porch/Balcony

Open Porch/Balcony: Yes

Title

Negotiable: Yes

Pool Info

Concrete: Yes

Property Features

Fee Includes: None Tax Exemptions: Homestead Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Building Style: Ground Level Vehicle Storage: Garage; Attached; Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage Furnished: Negotiable Utilities: Elect Separate Meter; FKAA; Municipal Sewer Interior Features: Cathedral Ceilings; Dade County Pine; Fireplace(s); Split Bedroom; Storage Appliances: Dryer; Oven; Range; Refrigerator; Washer Pool Info: Concrete Construction: CBS Land Size: 2 Less Than 5 Acres Title: Negotiable

Documents

City of Marathon Letter 765 107th ›

Letter from City Vacant Lot Parcel ›

Listing Office: Ocean Sotheby's International Relaty

Last Updated: September - 02 - 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.

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