Skip To Content

    11600 1st Avenue Gulf , #57

    Marathon, FL 33050
    • $839,900
    • STATUS: Active Under Contract
    • ON SITE: 51 days
    • MLS #: 595304
    Under Contract
    UPDATED: 26 min ago
    $839,900
    • 3
      BEDS
    • 0.03
      ACRES
    • 2
      BATHS
    • 1
      1/2 BATHS
    • 1,600
      SQFT
    • $525
      $/SQFT
    Type:
    Villa/Townhouse
    Built:
    2006
    County:

    School Ratings & Info

    Description

    This is a rare gem in the Florida Keys. Indigo Reef has just 67 Gulf front townhomes on a gated 10+acre parcel. Unit 57 is located in a section of the community that provides for superior open water views and a conveniently located boat slip. This is a successful rental with repeat clientele that is projected to gross over $70,000 at it's current pace. Gross income in 2020 was $52,800 while being closed down 10 weeks due to covid. This unit is sold rental ready, fully furnished and with advanced rental income. Seller will review all offers at 10AM Monday, March 29. All offers MUST provide POF or a pre-qualification letter. Buyer will pay 2 mos HOA as a capital contribution and any DEP fees on the slip.

    Monthly Payment Calculator



    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than The Mullins Team | Coldwell Banker Schmitt Real Estate Company are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
    www.lowerkeyshomes.com/homes/115428077
    Print Image

    11600 1st Avenue Gulf , #57 Marathon, FL 33050

    • Price: $839,900
    • Status: Active Under Contract
    • Updated: 26 min ago
    • MLS #: 595304
    3
    Beds
    2
    Baths
    1
    ½ Baths
    0.03
    Acres
    1,600
    SQFT
    $525
    $/SQFT
    2006
    Built
    Neighborhood:
    Indigo Reef Marina Homes (52.5)
    County:
    Monroe
    Area:
    15 - Sombrero Bch Rd To Vaca Cut Gulfside
    Property Description
    This is a rare gem in the Florida Keys. Indigo Reef has just 67 Gulf front townhomes on a gated 10+acre parcel. Unit 57 is located in a section of the community that provides for superior open water views and a conveniently located boat slip. This is a successful rental with repeat clientele that is projected to gross over $70,000 at it's current pace. Gross income in 2020 was $52,800 while being closed down 10 weeks due to covid. This unit is sold rental ready, fully furnished and with advanced rental income. Seller will review all offers at 10AM Monday, March 29. All offers MUST provide POF or a pre-qualification letter. Buyer will pay 2 mos HOA as a capital contribution and any DEP fees on the slip.
    Exterior Features

    Above Flood Unknown Building Style Townhouse Construction Frame Dockage Assigned DockBoat Slip Land Size Less Than 1/4 Acre Pool Info In Ground Pool YN Yes Porch Balcony DeckOpen Porch/Balcony Roof Metal Roof Shutters Panel Side Bay/Gulf Style Townhouse Vehicle Storage Carport Waterfront Gulf FrontOpen Water Waterfront YN Yes Waterview Bay/Gulf View

    Interior Features

    Appliances DishwasherDisposalDryerMicrowaveOvenRangeRefrigeratorWasher Cooling Heating Ceiling FansCentral A/C Floor Tile Floor Furnished Furnished Pre Wired Cable

    Property Features

    Assoc Fee 850.00 Assoc Hoa YN Yes Assoc Maint Fee Per Monthly Assoc Right Of Refusal No City Marathon Condo Unit Complex Unit Control Depth 4 Deed Restrictions Unknown Fee Includes CableCommon Area MntOther Flood Zone Ae Listing Board Marathon/Lower Keys Mile Marker 52.50 Min Rental Days 7.00 Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed With Restrictions Sq Ft Source Tax Records Tax Exemptions None Tax Year 2019 Taxes 5803.88 Total Units 0.00 Utilities Buyer To VerifyCable AvailableFkaaMunicipal Sewer Zoning Rh - Residential High

    Listing courtesy of Kelly M. Willey of Coco Plum Real Estate.


    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than The Mullins Team | Coldwell Banker Schmitt Real Estate Company are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
     
    https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_595304-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_595304-2.jpg https://bt-photos.global.ssl.fastly.net/flkeys/1280_boomver_1_595304-2.jpg
    Logo
    The Mullins Team | Coldwell Banker Schmitt Real Estate Company
    1201 White Street, Suite 101
    Key West FL, 33040