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    242 Pescayo Avenue

    Marathon, FL 33050
    • $465,000
    • STATUS: Active
    • ON SITE: 162 days
    • MLS #: 591371
    UPDATED: 42 min ago
    $465,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Price drop plus Seller will contribute $25,000 toward the cost of a TBR (see more details on TBR below). Beautiful deepwater lot in Coco Plum with small private beach in neighborhood of existing million dollar plus homes. This large lot (50' street and water frontage x 310' depth, including bottom rights) already has a dock permit in hand. Purchase price includes complete set of certified building plans from the developer of the existing homes in this neighborhood, a $50K value. Building permit can be obtained by joining the BPAS waiting list (and purchasing additional points toward a building permit) or by purchasing a Transferrable Building Right (TBR) which entitles holder to build on this lot immediately. Seller will contribute $25,000 toward the cost of Buyer's TBR!!!TBRs in Marathon are available at market rates (subject to availability, like lobsters at your favorite restaurant). This lot has plenty of room for parking vehicles, RVs, water toys, etc. and plenty of room for outdoor kitchen, large pool, tiki hut and other amenities. This lot location provides immediate access to Ocean (no bridges) and the Gulf of Mexico via Vaca Cut bridge. Fishing, swimming, diving, lobstering, spearfishing and snorkeling on the reef and wrecks are only a few miles away. Deep sea fishing opportunities (including the famed Marathon Hump) are not far away for the adventurous sportsman. This property is only a short drive to great restaurants, grocery stores, pharmacies, etc. in Marathon and only about an hour to Miami and Key West, where world class entertainment, airports, shopping, hospitals, and world famous Mallory Square sunsets! This is what you've been looking for, they aren't making any more of these! Act now, grab your little piece of Paradise now.

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    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/107143941
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    242 Pescayo Avenue Marathon, FL 33050

    • Price: $465,000
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 591371
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    Neighborhood:
    Coco Plum Beach (54.5)
    County:
    Monroe
    Area:
    18 - East Of Holiday Inn Us #1 & Coco Plum
    Property Description
    Price drop plus Seller will contribute $25,000 toward the cost of a TBR (see more details on TBR below). Beautiful deepwater lot in Coco Plum with small private beach in neighborhood of existing million dollar plus homes. This large lot (50' street and water frontage x 310' depth, including bottom rights) already has a dock permit in hand. Purchase price includes complete set of certified building plans from the developer of the existing homes in this neighborhood, a $50K value. Building permit can be obtained by joining the BPAS waiting list (and purchasing additional points toward a building permit) or by purchasing a Transferrable Building Right (TBR) which entitles holder to build on this lot immediately. Seller will contribute $25,000 toward the cost of Buyer's TBR!!!TBRs in Marathon are available at market rates (subject to availability, like lobsters at your favorite restaurant). This lot has plenty of room for parking vehicles, RVs, water toys, etc. and plenty of room for outdoor kitchen, large pool, tiki hut and other amenities. This lot location provides immediate access to Ocean (no bridges) and the Gulf of Mexico via Vaca Cut bridge. Fishing, swimming, diving, lobstering, spearfishing and snorkeling on the reef and wrecks are only a few miles away. Deep sea fishing opportunities (including the famed Marathon Hump) are not far away for the adventurous sportsman. This property is only a short drive to great restaurants, grocery stores, pharmacies, etc. in Marathon and only about an hour to Miami and Key West, where world class entertainment, airports, shopping, hospitals, and world famous Mallory Square sunsets! This is what you've been looking for, they aren't making any more of these! Act now, grab your little piece of Paradise now.
    Exterior Features

    Dockage Dock Permit Yes Land Size 1/4 - 1/2 Acre Location Site Cul-De-SacOther See RemarksPaved StreetWater Frontage Lot Dimensions 50'X310' inc. Water Bottom Rights Side Ocean Waterfront Beach FrontCanal FrontOpen Water Waterfront YN Yes Waterview Bay ViewCanal ViewOpen Water View

    Property Features

    Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Marathon Control Depth 4 Deed Restrictions Unknown Flood Zone AeAe Listing Board Marathon/Lower Keys Mile Marker 54.50 Mobile Home Lot No Neighborhood Features Beach Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Species List Yes Tax Exemptions None Tax Year 2019 Taxes 2625.98 Terms Buyer Obtain Finance Title Negotiable Zoning Rh - Residential High

    Listing courtesy of Kim C. King of Lokation 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.
     
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    The Mullins Team | Coldwell Banker Schmitt Real Estate Company
    1201 White Street, Suite 101
    Key West FL, 33040