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295 51St Street Gulf

Marathon, FL 33050
  • $2,200,000
  • STATUS: Active
  • ON SITE: 199 Days
  • MLS #: 609509
UPDATED: 81 min ago
$2,200,000
  • 7
    BEDS
  • 0.29
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 2,614
    SQFT
  • $842
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1953
County:

School Ratings & Info

Description

Exceptional 6-unit multi-family commercial property conveniently accessible from both 51st Street and 50th Street. This property offers unparalleled convenience and charm in the heart of Marathon. Comprised of three buildings surrounding a serene courtyard oasis complete with a sparkling pool, tiki bar, and grill. Boasting a total of five efficiencies and a separate two-bedroom, two-bathroom unit, making it an investor's dream. Each unit has undergone extensive remodeling, featuring tile floors, impact windows, AC systems, state-of-the-art appliances, cabinets, and quartz countertops. Ample off-street parking for over eight vehicles. Zoned MU Commercial with six TBRs (Building Rights), this property offers versatile opportunities for investors, whether for short-term rentals, long-term leasing, or commercial endeavors.CA/NDA and proof of funds or bank pre-approval is required.

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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/149268822
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295 51St Street Gulf Marathon, FL 33050

  • Price: $2,200,000
  • Status: Active
  • On Site: 199 Days
  • Updated: 81 min ago
  • MLS #: 609509
7
Beds
7
Baths
0
½ Baths
0.29
Acres
2,614
SQFT
$842
$/SQFT
1953
Built
Neighborhood:
Woodburns Sub (49.5)
County:
Monroe
Area:
13 - 7 Mile Bridge To Sombrero Bch Rd E & W
Property Description
Exceptional 6-unit multi-family commercial property conveniently accessible from both 51st Street and 50th Street. This property offers unparalleled convenience and charm in the heart of Marathon. Comprised of three buildings surrounding a serene courtyard oasis complete with a sparkling pool, tiki bar, and grill. Boasting a total of five efficiencies and a separate two-bedroom, two-bathroom unit, making it an investor's dream. Each unit has undergone extensive remodeling, featuring tile floors, impact windows, AC systems, state-of-the-art appliances, cabinets, and quartz countertops. Ample off-street parking for over eight vehicles. Zoned MU Commercial with six TBRs (Building Rights), this property offers versatile opportunities for investors, whether for short-term rentals, long-term leasing, or commercial endeavors.CA/NDA and proof of funds or bank pre-approval is required.
Exterior Features

Construction CBS Dockage None Land Size 1/4 - 1/2 Acre Lot Size 100 x 127 Miscellaneous Chickee HutPoolFencingPatio Off Street Parking Yes Parking Spaces 8 Side Bay/Gulf Style Commercial Vehicle Storage Common ParkingOff Street ParkingGuest Parking Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances RefrigeratorDryerWasherRange Cooling Heating Wall/Window Unit(s) Floor Tile Interior Features Smoke AlarmsLaundry Room Net Leasable Area 2614.00 Windows Doors Impact Rstnce WindowImpact Rstnce Doors

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City MARATHON Commercial Type Apartment 3 or more Control Depth 0 Efficiencies 5 Fee Includes None Flood Zone AE Legal BK A LT 2 WOODBURNS SUB PB2-29 KEY VACCA OR378-465 OR461-266 OR1482-1356 OR1528-294 OR1528-298 OR1528-299 OR2704-1308 OR Listing Board Florida Keys Mile Marker 49.50 Potential Short Sale No Potential Short Sale Financial Status No Property Type Commercial Sq Ft Source Tax Records Tax Year 2023 Taxes 14463.90 Total Units 6.00 Utilities Municipal SewerBuyer to Verify Zoning MU - Mixed Use Commercial Mixed Use

Listing courtesy of Gregory Dully of RE/MAX All Keys Real Estate: (305) 451-0060.


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