1 S Kyle Way, Marathon, FL 33050
$9,650,000
Property Type:
Commercial Sale
Bedrooms:
45
Baths:
45
Square Footage:
40,872
Lot Size (sq. ft.):
50,850
Status:
Closed
Current Price:
$9,650,000
List Date:
2/01/2024
Last Modified:
10/31/2025
Overview
Description
Listing Details MLS# 605849
Location, Tax & Legal
- Street #
- Yes
- Direction
- S
- Street Name
- Kyle
- Street Suffix
- Way
- Key/Island
- Marathon
- State/Province
- FL
- Zip Code
- 33050
- Subdivision
- Knights Key Village (47.0)
- County
- Monroe
- Area
- 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
- City
- MARATHON
- Off Shore Island
- No
- Mile Marker
- 47
- Marathon Neighborhood
- Knights Key
- Side
- Ocean
- Flood Zone
- AE,VE
- Alternate Key #
- 9104933
- Parcel #
- 00319600-001000
- Zoning
- RH - Residential High
- Legal
- BK 1 LOTS 9 & 10 KNIGHTS KEY VILLAGE PB5-84 KNIGHTS KEY OR3156-940
- Taxes
- 66110.19
- Tax Year
- 2022
Contract Information
- Listing Board
- Key West Association
- Limited Representation
- No
- Potential Short Sale
- No
- Bank Owned
- No
General Property Description
- Realtor.COM Type
- Commercial
- Style
- Commercial
- Lot SqFt
- 50850
- Waterfront
- Yes
- Control Depth
- 5
- Building SqFt
- 40872
- Living Apx SqFt
- 40872
- Year Built
- 1979
- Total Bedrooms
- 45
- Full Baths
- 45
- Total Baths
- 45
- Total Units
- 0
Status Change Info
- Sold Date
- 2025-10-31
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
Dockage
- Seawall
- Concrete
More Information
Financial Status
- Bank Owned
- No
- Potential Short Sale
- No
Remarks & Misc
- Remarks – Consumer
- This is a once in a lifetime opportunity in Marathon and in the entire Florida Keys. 28 units with spectacular Atlantic Ocean views at the south of Marathon next to the brand new Isla Bella Resort. This property which was previously a timeshare that is being dissolved has amazing possibilities to a boutique exclusive resort to a developer's dream conversion for a sell out of the units. There is nothing like this in the Keys that has been available in the last 20 years. The property sustained hurricane damage and is ready for it's next chapter for the right Buyer. This will absolutely not last.
Type
- Apartment 3 or more
- Yes
Fee Includes
- None
- Yes
Appliances
- No Appliances
- Yes
Property Info
- License Included
- Yes
Waterfront
- Gulf Front
- Yes
Waterview
- Bay/Gulf View
- Yes
- Open Water View
- Yes
Vehicle Storage
- Common Parking
- Yes
Construction
- Concrete
- Yes
Land Size
- More than 1 Lot
- Yes
Utilities
- FKAA
- Yes
- Municipal Sewer
- Yes
Property Rights
- Transfer Bldg Rights
- Yes
- Transient License
- Yes
Miscellaneous
- High Visibility
- Yes
- Open Water View
- Yes
- Pool
- Yes
Property Features
Property Info:
License Included
Type:
Apartment 3 or more
Waterfront:
Gulf Front
Waterview:
Bay/Gulf View; Open Water View
Vehicle Storage:
Common Parking
Utilities:
FKAA; Municipal Sewer
Appliances:
No Appliances
Miscellaneous:
High Visibility; Open Water View; Pool
Construction:
Concrete
Land Size:
More than 1 Lot
Fee Includes:
None
Property Rights:
Transfer Bldg Rights; Transient License
Listing Office:
Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: October - 31 - 2025
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.