1 47Th Street Gulf, Marathon, FL 33050
$4,800,000
Property Type:
Commercial
Bedrooms:
3
Baths:
4
Lot Size (sq. ft.):
50,080
Status:
Closed
Current Price:
$4,800,000
List Date:
8/18/2022
Last Modified:
9/10/2024
Description
Unique Gulf side waterfront, income producing property, consisting of a custom built ''Keys style'' single family home, 900 ft pier, bay bottom,13 boat slips, 4 RV lots, 2 fixed mobile home lots with long term tenants in place. Main residence would make great vacation rental. 9%+ cap rate on entire leased property. New 15,000 lb boat lift. Tiki. Roof 2016.
More Information MLS# 600263
Contract Information
Listing Board: Marathon/Lower Keys
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Species List: No
Current Price: $4,800,000
Listing Date: 2022-03-23
Sold Price: $4,800,000
Location, Tax & Legal
City: MARATHON
Off Shore Island: No
Mile Marker: 49.5
Marathon Neighborhood: Old Town East (25th to Sombrero)
Side: Bay/Gulf
Flood Zone: VE,AE,VE,VE,VE
Alternate Key #: 1120529
Parcel #: 00103270-000000
Zoning: MU - Mixed Use Commercial Mixed Use
Legal: SUB OF GOVT LOT 1 - PT LOT 1 & LOT 2 (PARCEL 1) AND BAY BTM N OF LOT 1 PB2-24 THOMPSON-ADMS SUB FILLED BAY BTM .76AC AND
Taxes: 22290.89
Tax Year: 2021
Street #: 1
Street Name: 47Th Street Gulf
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Thompson & Adams Sub (49.5)
County: Monroe
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
General Property Description
Realtor.COM Type: Commercial
Waterfront: Yes
Control Depth: 5
Lot Size: 1.63 acres
Lot SqFt: 50080
Business Name: Hurricane Harbor
Year Established: 1990-01-01
# Stories: 2
SqFt Source: Property Data Card
Total # Buildings: 1
Building SqFt: 3734
Style: Commercial
Year Built: 1990
Total Bedrooms: 3
Full Baths: 4
Total Baths: 4
Remarks & Misc
Remarks – Consumer: Unique Gulf side waterfront, income producing property, consisting of a custom built ''Keys style'' single family home, 900 ft pier, bay bottom,13 boat slips, 4 RV lots, 2 fixed mobile home lots with long term tenants in place. Main residence would make great vacation rental. 9%+ cap rate on entire leased property. New 15,000 lb boat lift. Tiki. Roof 2016.
Directions: U.S. 1 to 47th Street Gulf, gated property at the very end of street.
Deed Restrictions
No: 1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
# of County License: 1
Type
Marina: 1
Other Comrcl Style: 1
Fee Includes
None: 1
Dockage
Dock: Concrete
Boat Lift: 1
Boat Slip: 1
Seawall: Concrete
Other Dockage: 1
Accounts & Meters
# Sewer Accounts: 1
# Water Meters: 2
# Electric Meters: 3
Appliances
Dishwasher: 1
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Property Info
# Boat Slips: 13
# Kitchens: 3
# Refrigerators: 3
# Range/Ovens: 3
# Washers: 1
# Dryers: 1
# Dishwashers: 1
1 Bed/Bath: 1
3 Bed/Bath: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Heat: 1
Wall/Window Unit(s): 1
Waterfront
Bay Front: 1
Canal Front: 1
Gulf Front: 1
Open Water: 1
Electric
220 Volt: 1
Circuit Breakers: 1
Other Electric: 1
Waterview
Bay/Gulf View: 1
Open Water View: 1
Floor
Tile: 1
Wood: 1
Interior Features
Cathedral Ceilings: 1
Drapes/Blinds Incl: 1
Laundry Room: 1
Pantry: 1
Whirlpool Bath Tub: 1
Windows/Doors
Glass Doors: 1
Other Windows/Doors: 1
Single Hung Windows: 1
Vehicle Storage
Guest Parking: 1
Common Parking: 1
Construction
CBS: 1
Manufactured: 1
Land Size
1/2 - Less Than 1 AC: 1
Terms
No Seller Finance: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Separate Meters: 1
Title
Negotiable: 1
Miscellaneous
Chickee Hut: 1
Handicap Access: 1
Open Water View: 1
Patio: 1
Residence on Premise: 1
Storage: 1
Utility Building: 1
Roof
Metal Roof: 1
Auction Info
Auction: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Shutters
Accordion: 1
Panel: 1
Tenant Paid
Electric: 1
Tnt Pays No Utils: 1
Status Change Info
Sold Date: 2022-09-06
Sold Price: $4,800,000
Status: Closed
Property Features
Deed Restrictions: No
Type: Marina; Other Comrcl Style
Waterfront: Bay Front; Canal Front; Gulf Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Dockage: Boat Lift; Boat Slip; Other Dockage
Vehicle Storage: Common Parking; Guest Parking
Cooling: Ceiling Fans(s); Central Air; Heat; Wall/Window Unit(s)
Utilities: FKAA; Municipal Sewer; Separate Meters
Interior Features: Cathedral Ceilings; Drapes/Blinds Incl; Laundry Room; Pantry; Whirlpool Bath Tub
Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer
Miscellaneous: Chickee Hut; Handicap Access; Open Water View; Patio; Residence on Premise; Storage; Utility Building
Construction: CBS; Manufactured
Electric: 220 Volt; Circuit Breakers; Other Electric
Shutters: Accordion; Panel
Floor: Tile; Wood
Roof: Metal Roof
Land Size: 1/2 - Less Than 1 AC
Fee Includes: None
Terms: No Seller Finance
Title: Negotiable
Tenant Paid: Electric; Tnt Pays No Utils
Listing Office:
Florida Keys Real Estate Group
Last Updated: September - 10 - 2024
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